Karsu Tekstil Sanayii ve Ticaret A.S.

Karsu Tekstil Sanayii ve Ticaret A.S.

BBIST:KRTEK
4.79
TRY
-0.11
(-2.24%)
-3.00EPS
245.27MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1.01
0.84
2.73
3.31
4.07
5.63
7.4
8.39
9.02
15.23
16.85
19.36
16.04
23.62
Basic EPS, GAAP
-0.07
-0.1
-0.33
-0.33
-0.3
-0.02
0.29
0.09
0.55
1.95
1.36
1.66
-2.98
-3
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.75
1.4
1.61
1.28
0.99
1.39
1.65
1.74
4.09
6.13
28.41
46.86
36.85
41.33
Tangible Book Value per Share
1.74
1.38
1.59
1.27
0.98
1.38
1.64
1.74
4.09
6.13
28.39
46.83
36.83
41.31
Basic Weighted Avg Shares
121
121
35
35
35
35
35
35
35
35
121
121
121
77
Sales/Revenue/Turnover
123
102
96
116
143
198
260
294
317
535
2,045
2,350
1,946
1,815
Operating Margin (%)
-4.92
0.29
1.84
2.56
0.73
11.72
16.73
7.28
17.54
20.27
24.92
11.66
-2.65
1.29
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
1
1
1
3
3
7
- -
Net Income, GAAP
-8
-12
-12
-12
-11
-1
10
3
19
68
166
201
-362
-230
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
5.12
27.88
20.02
25.71
27.5
1.56
- -
- -
Profit Margin (%)
-6.43
-11.89
-12.01
-10.07
-7.36
-0.42
3.97
1.04
6.04
12.78
8.1
8.55
-18.59
-12.69
Working Capital
35
34
27
30
37
11
28
39
60
70
105
410
188
184
LT Debt
22
35
67
80
97
70
81
93
120
70
61
79
190
205
Total Equity
62
49
56
45
35
49
58
61
144
215
997
1,645
1,293
1,451
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
51.94
16.38
24.89
24.67
37.2
29.23
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
9.13
4.87
11.33
21.01
26.78
22.86
- -
- -
Return on Common Equity (%)
-11.7
-22
-21.86
-23.09
-26.43
-1.98
19.32
5.15
18.7
38.07
27.31
15.21
-24.63
-17.25

Capital Structure

TRY

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
710
1,034
1,018
LT Borrowings
149
173
195
LT Finance Leases
18
17
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
35
35
Market Capitalization
259
405
245

Working Capital

TRY

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
1,306
1,403
1,382
Cash, Cash Equivalents & STI
286
271
275
Accounts Receivable, Net
381
389
422
Inventories
535
659
595
Total Current Liabilities
1,008
1,215
1,198
Payables & Accruals
- -
- -
- -
ST Debt
710
1,034
1,018
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
61.34%
118.4%
-21.36%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-85.09%
133.16%
-280.04%
Sales/Revenue/Turnover
48.37%
71.31%
-17.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
526
522
540
684
2,350
2024
622
412
446
520
1,946
2025
437
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2.92
5.92
0.22
-0.02
1.66
2024
-3.52
-0.22
-2.42
-1.45
-2.98
2025
0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Nevzat Seyok
Full Time Employees
384
Sector
Process industries
Industry
Textiles
Address
Kayseri Turkey
IPO Date
Nov 17, 1994
Business
Karsu Tekstil Sanayii ve Ticaret A.S. is a Turkey-based textile manufacturing company that develops, produces, and markets specialized spun yarns and knitted fabrics for fashion apparel, home textiles, and technical protective applications. Founded in 1973 and headquartered in Kayseri, Turkey, the company operates integrated spinning and knitting manufacturing facilities, serving commercial garment brands, industrial fabricators, and personal protective equipment manufacturers across domestic and international markets in Europe, North America, the Middle East, and Asia. The company's product and service offerings comprise fashion and cellulosic yarns, including modal, micromodal, lyocell (Tencel), viscose, bamboo, organic cotton, linen, silk, wool, cashmere, and melange blends; functional performance yarns, including moisture-wicking, thermo-regulating, and skin-care fiber blends engineered with Coolmax, Thermolite, Umorfil, SeaCell, Smartcel, Trevira, polyester, polyamide, and acrylic; technical and protective yarns, including inherently flame-retardant, heat-resistant, arc-flash-protective, and high-tenacity yarns manufactured using Lenzing FR, modacrylic, Kermel, Twaron, Technora, meta-aramid, and para-aramid fibers; knitted and technical fabrics, including single jersey, rib, interlock, fleece, pique, and custom-engineered flame-resistant knitted textiles; and contract spinning, yarn dyeing, custom fiber blending, and textile product development services. In recent developments, Karsu Tekstil executed a comprehensive capital restructuring in 2026 via a 300 percent rights issue to strengthen its financial foundation and support working capital requirements, increasing its paid-in capital from TRY 35.1 million to TRY 140.4 million. In addition, the company established a dedicated Sustainability Committee to advance corporate environmental, social, and governance (ESG) standards, while actively modernizing its production lines and realigning its energy management strategy to optimize operational efficiency and reduce manufacturing carbon intensity. Karsu Tekstil Sanayii ve Ticaret A.S. is listed on the Borsa Istanbul under the ticker symbol KRTEK.