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    Process industries

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    Textiles
Kordsa Teknik Tekstil A.S.

Kordsa Teknik Tekstil A.S.

BBIST:KORDS
2.68
TRY
-0.08
(-2.90%)
-0.07EPS
14.08BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.41
0.42
0.47
0.52
0.67
1.07
1.39
1.23
2.14
4.99
6.36
8.23
8.4
9.25
Basic EPS, GAAP
0.01
0.02
0.03
0.04
0.04
0.08
0.09
0.04
0.21
0.35
0.05
-0.3
-0.4
-0.12
Free Cash Flow per Basic Share
-0.01
-0.04
0.03
0.04
- -
0.03
0.14
0.18
0.06
0.01
0.52
0.06
1.24
0.84
Dividend per Share
0.01
- -
0.02
0.02
0.02
0.02
0.02
0.01
- -
0.04
0.02
- -
0.12
- -
Book Value per Share
0.24
0.24
0.26
0.31
0.35
0.5
0.61
0.7
1.42
2.17
3.48
3.65
4.7
4.7
Tangible Book Value per Share
0.22
0.22
0.24
0.29
0.32
0.37
0.19
0.21
0.58
0.87
1.44
0.97
1.5
1.3
Basic Weighted Avg Shares
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
3,696
Sales/Revenue/Turnover
1,533
1,569
1,735
1,908
2,485
3,947
5,137
4,536
7,891
18,440
23,503
30,433
31,043
34,177
Operating Margin (%)
3.97
7.24
9.49
11.12
9.9
12.38
10.86
7.21
12.22
8.92
4.37
1.35
-0.02
1.91
Depreciation Expense
67
75
81
79
103
140
206
285
350
611
953
1,406
1,758
1,907
Net Income, GAAP
31
77
99
143
165
292
340
153
769
1,289
183
-1,096
-1,491
-438
Effective Tax Rate (%)
25.22
10.3
11.49
16.27
14.65
17.79
18.46
12.46
8.52
5.47
- -
- -
- -
- -
Profit Margin (%)
2.01
4.92
5.72
7.5
6.64
7.41
6.61
3.37
9.74
6.99
0.78
-3.6
-4.8
-1.28
Working Capital
224
201
316
304
268
465
466
353
672
2,642
2,883
-679
5,410
4,116
LT Debt
91
139
194
161
101
525
1,308
1,303
1,505
3,587
5,121
4,011
11,268
11,128
Total Equity
1,049
1,087
1,216
1,472
1,648
2,339
2,820
3,278
6,484
10,026
16,061
17,205
21,397
21,791
Return on Invested Capital (%)
4.52
6.17
8.8
10.59
10.99
14
10.18
5.49
14.07
10.55
- -
- -
- -
- -
Return on Capital (%)
2.33
4.59
5.96
6.51
6.76
9.96
8.66
5.08
9.64
9.7
- -
- -
- -
- -
Return on Common Equity (%)
3.58
8.74
10.71
13.49
13.58
18.8
16.65
6.34
19.64
19.44
1.76
-8.32
-9.67
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,483
8,201
8,335
LT Borrowings
10,299
10,473
10,161
LT Finance Leases
968
987
967
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,696
3,696
3,696
Market Capitalization
9,426
10,883
14,083

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
20,779
21,657
22,619
Cash, Cash Equivalents & STI
6,530
5,250
4,125
Accounts Receivable, Net
4,908
5,948
6,717
Inventories
7,766
8,846
10,013
Total Current Liabilities
15,369
17,950
18,503
Payables & Accruals
- -
- -
- -
ST Debt
9,483
8,201
8,335
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
35.58%
48.82%
24.36%
Free Cash Flow
578.08%
1,289.49%
1,968.11%
Net Income, GAAP
-17.96%
-55.5%
36.05%
Sales/Revenue/Turnover
38.41%
53.31%
2%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,239
7,586
7,865
7,743
30,433
2025
- -
- -
8,037
7,546
31,043
2026
8,756
9,838
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
-0.01
-0.07
-0.22
-0.3
2025
-0.09
- -
-0.11
-0.17
-0.4
2026
0.01
0.15
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.12
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ibrahim Özgür Yildirim
Full Time Employees
3,903
Sector
Process industries
Industry
Textiles
Address
Alikahya Fatih Mah. Sanayici Cad. No:90 Izmir KC Turkey 41310
IPO Date
Jan 3, 1986
Website
kordsa.com
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Business
Kordsa Teknik Tekstil A.S. (KORDS.IS) manufactures and supplies reinforcement materials primarily for the tire, composites, construction, and compounding industries worldwide. Founded in 1973 as a subsidiary of Haci Omer Sabanci Holding A.S. and headquartered in Izmit, Kocaeli, Turkey, the company produces carcass and industrial fabrics for vehicle tires including automobiles, airplanes, motorcycles, agricultural machinery, lorries, buses, and industrial vehicles; composite reinforcement products such as prepregs, prepreg adhesives, surface films, and phenolic honeycombs for aerospace, automotive, sports equipment, and marine applications; construction reinforcement solutions for infrastructure and superstructure projects; and compounding materials using 100% recycled PA66 granules for sustainable engineering plastics, alongside heavy denier fibers, nylon yarns, polymers, rubber and plastic materials, and connection fabrics. Kordsa operates nearly 4,500 to 5,000 employees across 11 to 13 production facilities in seven countries including Turkey, Brazil, Indonesia, Thailand, the USA, Italy, and Germany, serving tire manufacturers that account for one in every three automobile tires and two in every three aircraft tires globally, with geographic segments spanning Europe, Middle East and Africa; North America; South America; and Asia, and revenue primarily from industrial yarn and cord fabric, advanced composites, and other operations. Recent developments include a capital increase from TRY 194.5 million to TRY 484.3 million announced in September 2025 with an application to the Capital Markets Board; subsidiary Kordsa Inc. agreeing in May 2025 to purchase minority shares for EUR 34.9 million; the appointment of Ergun Hepvar as CEO effective June 1, 2025; prior acquisitions such as 60% of Microtex Composites SRL in 2023 for TL 490 million and Fabric Development, Textile Products, and Advanced Honeycomb to expand aerospace competencies; and sustained expansion in sustainable technologies like low-carbon-footprint products and eco-friendly tire reinforcements reducing fuel consumption and emissions.