Isvea Seramik ve Banyo Urunleri Sanayi A.S.

Isvea Seramik ve Banyo Urunleri Sanayi A.S.

BBIST:ISVEA
12.15
TRY
-1.35
(-10.00%)
0.12EPS
2023 Y
2024 Y
2025 Y
Revenue per Share
13.33
10.81
9.25
Basic EPS, GAAP
1.22
0.36
0.31
Free Cash Flow per Basic Share
-1.25
-1.16
1.61
Dividend per Share
- -
- -
- -
Book Value per Share
5.52
5.22
5.57
Tangible Book Value per Share
5.52
5.21
5.57
Basic Weighted Avg Shares
258
258
258
Sales/Revenue/Turnover
3,440
2,790
2,387
Operating Margin (%)
14.6
22.53
25.62
Depreciation Expense
14
14
9
Net Income, GAAP
315
94
80
Effective Tax Rate (%)
13.54
46.97
53.33
Profit Margin (%)
9.16
3.35
3.34
Working Capital
865
1,110
886
LT Debt
203
563
312
Total Equity
1,555
1,347
1,438
Return on Invested Capital (%)
- -
12.02
9.21
Return on Capital (%)
- -
10.29
7.24
Return on Common Equity (%)
- -
6.75
5.72

Capital Structure

TRY

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

TRY

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
6.74%
Free Cash Flow
- -
- -
-238.72%
Net Income, GAAP
- -
- -
-14.86%
Sales/Revenue/Turnover
- -
- -
-14.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2,790
2025
595
- -
- -
- -
2,387
2026
584
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.36
2025
0.01
- -
- -
- -
0.31
2026
0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Sector
Producer manufacturing
Industry
Building products
Address
Corum Turkey
IPO Date
Jul 10, 2026
Business
Isvea Seramik ve Banyo Urunleri Sanayi A.S. is a Turkey-based manufacturer and distributor of ceramic sanitaryware, bathroom furniture, and complementary bathroom accessories. The company designs, manufactures, and markets a comprehensive portfolio of residential and commercial bathroom solutions. Its primary product lines comprise vitreous china sanitaryware, including wall-hung, back-to-wall, floor-standing, and monoblock toilets; bidets and urinals; countertop, drop-in, semi-recessed, wall-mounted, and under-counter washbasins; modular bathroom furniture units, vanity sets, storage columns, and illuminated mirrors; concealed cistern systems and flush plates; soft-closing toilet seats and covers; shower trays; and ceramic kitchen sinks. The company integrates proprietary engineering technologies across its product catalog, including SterilPlus antibacterial surface glazing; CleaRim and RimLess hygienic bowl architectures; Vortex and Waterfall dynamic flush mechanisms; Sharp&Slim ultra-thin ceramic edge profiles; DecorPlus surface protection; and EasyFix concealed installation systems. Founded in 1962 in Italy and acquired in 2013 by ECE Holding, the company operates integrated manufacturing facilities in the Corum Organized Industrial Zone and maintains its corporate headquarters in Corum, Turkey. Isvea exports its products to more than 60 countries across Europe, the Middle East, North America, and Asia. In July 2026, the company completed its initial public offering on Borsa Istanbul under the ticker symbol ISVEA, raising approximately 1.4 billion TRY to fund production capacity expansions, advanced machinery and automation upgrades, renewable energy investments including rooftop solar power installations, debt restructuring, and working capital enhancement. Recent strategic developments also encompass the rollout of eco-efficient sanitaryware designs, expansion of international dealership and distribution networks, and the integration of sustainability-focused production lines.