IMAS Makina Sanayi Anonim Sirketi

IMAS Makina Sanayi Anonim Sirketi

BBIST:IMASM
1.31
TRY
-0.02
(-1.50%)
-0.12EPS
2.97BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.17
0.22
0.36
8.08
7.95
2.34
2.4
Basic EPS, GAAP
0.04
0.04
0.07
1.91
0.2
0.3
-0.1
Free Cash Flow per Basic Share
0.2
0.03
0.05
-0.71
0.19
0.09
-0.11
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.12
0.18
0.41
1.79
1.49
2.54
2.93
Tangible Book Value per Share
0.12
0.18
0.41
1.79
1.49
2.54
2.93
Basic Weighted Avg Shares
925
925
749
148
231
925
913
Sales/Revenue/Turnover
161
202
273
1,196
1,839
2,164
2,190
Operating Margin (%)
15.67
14.45
9.51
10.64
12.76
17.32
17.28
Depreciation Expense
- -
- -
4
21
36
40
74
Net Income, GAAP
38
40
51
282
47
273
-92
Effective Tax Rate (%)
0.73
16.39
16.43
8.43
59.8
19.8
- -
Profit Margin (%)
23.67
19.96
18.61
23.62
2.56
12.63
-4.21
Working Capital
125
162
33
320
485
503
552
LT Debt
97
88
56
38
166
95
69
Total Equity
116
164
381
1,656
1,410
2,390
2,756
Return on Invested Capital (%)
- -
8.83
9.12
11.28
7.09
17.6
- -
Return on Capital (%)
- -
21.55
16.32
27.34
4.29
17.73
- -
Return on Common Equity (%)
- -
28.85
18.62
27.74
3.1
14.65
-4.66

Capital Structure

TRY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
40
41
46
LT Borrowings
- -
- -
- -
LT Finance Leases
95
83
69
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
925
925
925
Market Capitalization
2,729
2,294
2,969

Working Capital

TRY

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,376
1,484
1,678
Cash, Cash Equivalents & STI
23
36
131
Accounts Receivable, Net
589
547
595
Inventories
428
525
592
Total Current Liabilities
873
940
1,126
Payables & Accruals
- -
- -
- -
ST Debt
40
41
46
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
112.66%
69.53%
Free Cash Flow
- -
-100.27%
77.42%
Net Income, GAAP
- -
177.01%
480.72%
Sales/Revenue/Turnover
- -
94%
17.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
351
250
336
763
1,839
2024
385
479
756
697
2,164
2025
351
386
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.07
-0.08
-0.02
-0.1
0.2
2024
0.03
0.07
0.11
0.11
0.3
2025
-0.23
-0.09
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

CEO
Mustafa Özdemir
Full Time Employees
384
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Konya Turkey
IPO Date
Apr 29, 2022
Business
IMAS Makina Sanayi Anonim Sirketi manufactures and installs grain milling machinery, animal feed production plants, metal cutting band saw machines, and structural steel systems worldwide. Founded in 1989 and headquartered in Konya, Turkey, the company operates as a subsidiary of Loras Holding (formerly Ittifak Holding) and serves agricultural, food processing, industrial manufacturing, and construction sectors across more than 100 countries spanning Europe, the Middle East, Africa, Central Asia, and the Americas. The company organizes its operations across four primary product brands and business divisions: Milleral, Viteral, Cuteral, and Steral. Under the Milleral brand, the company engineers and delivers turnkey flour, semolina, and maize milling plants, as well as standalone equipment including roller mills, square plansifters, purifiers, grain cleaning and conditioning separators, scourers, optical sorters, pneumatic transport systems, and computerized plant automation systems; through the Viteral brand, it manufactures complete turnkey animal feed milling plants and processing machinery, including hammer mills, feed mixers, pellet mills, conditioners, coolers, crumblers, screening machines, and micro-dosing systems for poultry, ruminant, and livestock feed production; under the Cuteral brand, the company produces industrial metal cutting machinery, comprising horizontal bandsaws, vertical bandsaws, pivot-type saws, column-type high-speed bandsaws, circular sawing machines, and automated material feeding systems for metal fabrication and metallurgy industries; under the Steral brand, IMAS Makina designs, fabricates, and erects heavy structural steel systems, industrial plant buildings, warehouses, and crane structures. In addition, the company provides engineering, design, assembly, spare parts supply, maintenance, and technical training services through its ProSupport division. In recent developments, IMAS Makina expanded its capital base and public ownership following its listing on Borsa Istanbul under the ticker IMASM. The company has continued to accelerate its global turnkey project executions, securing multi-million-dollar grain milling and feed facility contracts across North Africa, Sub-Saharan Africa, the Middle East, and Central Asia. To enhance production capacity and sustainability, IMAS Makina completed significant capital expenditures in its Konya manufacturing facilities, integrating advanced automation and Industry 4.0-compatible robotics into its machining centers, while commissioning on-site rooftop solar photovoltaic systems to supply renewable electricity for its production operations. Furthermore, the company expanded its high-precision Cuteral band saw product line, introduced next-generation intelligent milling automation systems featuring IoT sensors and remote predictive diagnostics, and aligned its operations with the corporate restructuring of its parent entity, Loras Holding.