Kayseri Seker Fabrikasi AS

Kayseri Seker Fabrikasi AS

BBIST:KAYSE
2.53
TRY
-0.07
(-2.69%)
-1.77EPS
11.70BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
0.67
0.95
1.71
4.99
8.45
14.11
8.67
8.31
Basic EPS, GAAP
0.03
-0.01
0.45
2.25
0.09
-0.42
-1.64
-1.77
Free Cash Flow per Basic Share
-0.03
0.08
0.39
-1.57
-3.7
2.37
-1.28
-1.85
Dividend per Share
- -
- -
- -
- -
0.12
- -
- -
- -
Book Value per Share
0.63
0.62
1.84
8.02
12.46
16.37
14.8
14.59
Tangible Book Value per Share
0.52
0.51
1.73
7.31
11.48
15.08
13.51
13.24
Basic Weighted Avg Shares
3,000
3,000
3,000
3,000
2,979
2,804
2,799
2,950
Sales/Revenue/Turnover
1,996
2,842
5,130
14,983
25,182
39,559
24,268
24,521
Operating Margin (%)
13.08
4.74
29.36
18.4
1.45
3.66
-7.4
-7.87
Depreciation Expense
50
98
99
299
632
1,102
1,147
1,131
Net Income, GAAP
98
-26
1,354
6,765
273
-1,169
-4,601
-5,232
Effective Tax Rate (%)
- -
- -
20.28
12.61
84.26
- -
- -
- -
Profit Margin (%)
4.9
-0.92
26.39
45.15
1.08
-2.95
-18.96
-21.34
Working Capital
240
101
427
4,591
9,450
10,026
5,877
4,013
LT Debt
677
705
98
93
106
165
95
119
Total Equity
1,900
1,868
5,522
24,050
37,367
49,104
44,400
43,771
Return on Invested Capital (%)
- -
- -
23.25
12.58
0.15
- -
- -
- -
Return on Capital (%)
- -
- -
31.86
40.59
1.57
- -
- -
- -
Return on Common Equity (%)
- -
-1.4
36.66
45.75
0.89
-2.7
-9.84
-12.87

Capital Structure

TRY

•

in mil. unless spec.
Jan'26
Apr'26
Jul'27
ST Debt
8,802
16,631
17,515
LT Borrowings
114
95
119
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,000
3,000
3,000
Market Capitalization
14,700
14,190
11,700

Working Capital

TRY

•

in mil. unless spec.
Jan'26
Apr'26
Jul'27
Total Current Assets
22,186
25,751
23,633
Cash, Cash Equivalents & STI
274
1,414
557
Accounts Receivable, Net
617
15,368
15,279
Inventories
20,208
3,996
4,356
Total Current Liabilities
17,023
19,874
19,620
Payables & Accruals
- -
- -
- -
ST Debt
8,802
16,631
17,515
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
121.67%
-9.58%
Free Cash Flow
- -
-56.58%
-153.77%
Net Income, GAAP
- -
-1,038.85%
293.61%
Sales/Revenue/Turnover
- -
71.82%
-38.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5,668
4,971
1,340
19,800
39,559
2026
1,133
1,215
506
21,475
24,268
2027
1,324
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.44
-0.45
-0.25
0.66
-0.42
2026
-0.6
-0.32
-0.65
-0.01
-1.64
2027
-0.81
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ismail Gedik
Full Time Employees
2,395
Sector
Health technology
Industry
Biotechnology
Address
Kayseri Turkey
IPO Date
May 18, 2023
Business
Kayseri Seker Fabrikasi AS is a Turkey-based agricultural and food processing enterprise primarily engaged in the cultivation of sugar beets and the manufacturing, refining, and distribution of sugar and related agro-industrial derivatives. Founded in 1955 and headquartered in Kayseri, Turkey, the company operates under the majority ownership of the Kayseri Sugar Beet Growers Cooperative (Kayseri Pancar Ekicileri Kooperatifi) and maintains manufacturing facilities in Kayseri, Bogazliyan, and Turhal supported by extensive contracted farming networks. The company's product and service portfolio comprises refined sugar products, including crystal granulated sugar, cube sugar, powdered sugar, and single-serve stick sugar marketed under proprietary brand names such as Pankup and Pankristal; agro-industrial by-products, including molasses, wet sugar beet pulp, and pelleted dried beet pulp for livestock feed; agricultural inputs, including certified seeds and fertilizers; soilless greenhouse produce; synthetic polypropylene packaging solutions, including woven sacks, laminated bags, and raffia twine produced through its subsidiary Pankent Sanayi ve Ticaret AS; comprehensive road logistics, bulk freight transportation, fuel distribution, and earthmoving services operated via its subsidiary Panpet Petrol Tasimacilik Sanayi ve Ticaret AS; as well as licensed agricultural warehousing, livestock breeding, and electric power generation. In recent developments, Kayseri Seker Fabrikasi AS completed its initial public offering on Borsa Istanbul in May 2023 under the ticker KAYSE. To enhance operational cost efficiency and sustainability, the company executed major solar photovoltaic (GES) energy investments throughout 2023 and 2024, commissioning grid-connected installations across Yozgat Yenipazar and Bogazliyan Ovakent to expand total ground solar capacity to 5,764 kWp, supplying the full internal electricity consumption of the Turhal facility and half of the Bogazliyan facility. In 2024 and 2025, the company further advanced strategic modernization programs across its refining operations, pursued organic sugar production certification, and continued the development of its licensed warehousing and agro-industrial infrastructure.