Loras Holding Anonim Sirketi

Loras Holding Anonim Sirketi

BBIST:LRSHO
1.63
TRY
-0.06
(-3.55%)
-2.88EPS
2.53BMarket Cap
Loras Holding Anonim Sirketi
BIST:LRSHO
(Istanbul Exchange)

Recent

price

1.63

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
1.87
2.21
2.26
2.4
2.33
2.35
2.45
2.72
2.47
1.49
1.37
1.15
4.42
7.73
7.93
8.15
9.82
Revenue per Share
0.06
0.01
-0.02
-0.01
0.02
0.14
0.05
0.02
-0.1
-0.08
- -
0.1
-3.81
1.04
1.05
-0.52
-1.14
Basic EPS, GAAP
-0.07
-0.18
-0.06
-0.34
-0.19
-0.17
-0.19
-0.18
-0.22
-0.47
-0.38
0.17
-0.69
-2.44
-0.48
0.51
-0.44
Free Cash Flow per Basic Share
0.01
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.92
0.78
0.76
0.77
0.74
0.9
0.89
1.06
1.12
0.62
1.1
1.43
3.05
6.91
9.73
8.87
9.29
Book Value per Share
0.83
0.77
0.75
0.76
0.74
0.89
0.89
1.05
1.09
0.58
1.07
1.4
2.95
6.76
9.58
8.76
9.16
Tangible Book Value per Share
415
415
415
415
415
415
415
415
415
415
604
604
604
604
768
768
765
Basic Weighted Avg Shares
775
915
938
993
968
973
1,016
1,130
1,026
619
825
696
2,668
4,668
6,088
6,257
7,510
Sales/Revenue/Turnover
4.12
3.51
-1.2
0.3
3.03
4.63
3.59
3.47
-1.25
-12.79
-3.66
6.47
-21.81
1.45
11.11
7.84
-0.65
Operating Margin (%)
14
15
17
16
16
16
20
26
32
46
41
19
60
128
210
226
214
Depreciation Expense
24
4
-9
-2
10
58
21
7
-42
-32
2
59
-2,301
628
809
-398
-871
Net Income, GAAP
7.69
28.3
- -
102.06
34.1
13.73
- -
1.96
- -
- -
- -
20.11
- -
30.57
- -
465.79
- -
Effective Tax Rate (%)
3.07
0.49
-0.93
-0.23
1.02
5.93
2.1
0.63
-4.1
-5.14
0.2
8.48
-86.25
13.46
13.28
-6.36
-11.59
Profit Margin (%)
6
44
-15
46
2
39
49
-29
-107
22
369
865
3,523
4,263
5,026
5,788
5,999
Working Capital
- -
75
40
106
120
201
207
222
204
431
368
229
190
242
464
384
255
LT Debt
383
371
364
371
362
431
514
606
631
794
1,383
2,681
9,707
17,653
24,159
24,278
27,611
Total Equity
6.53
4.68
- -
- -
2.49
4.71
- -
4.82
- -
- -
- -
2.09
- -
3.62
- -
-8.3
- -
Return on Invested Capital (%)
8.38
3.14
- -
-0.7
4.56
8.84
- -
9.13
- -
- -
- -
-4.63
- -
-8.77
- -
-6.91
- -
Return on Capital (%)
6.32
1.27
-2.73
-0.71
3.16
16.97
5.74
1.75
-9.27
-8.94
0.37
7.83
-172.02
21.09
13.98
-5.6
-12.71
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,190
1,583
1,440
LT Borrowings
45
31
16
LT Finance Leases
339
287
239
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
764
764
764
Market Capitalization
3,003
2,743
2,529

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,055
10,892
10,910
Cash, Cash Equivalents & STI
810
683
154
Accounts Receivable, Net
1,095
1,166
1,413
Inventories
6,859
7,411
7,770
Total Current Liabilities
4,266
4,950
4,911
Payables & Accruals
- -
- -
- -
ST Debt
1,190
1,583
1,440
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
61.63%
95.02%
0.49%
Free Cash Flow
-52.45%
-137.38%
-206.35%
Net Income, GAAP
-174.93%
-159.41%
-149.22%
Sales/Revenue/Turnover
37.57%
75.13%
2.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
864
1,083
2,398
1,241
6,088
2025
1,256
1,296
1,395
2,714
6,257
2026
1,612
1,789
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
1.4
-2.65
1.13
1.05
2025
0.16
-0.29
-0.15
-0.63
-0.52
2026
-0.35
-0.01
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Loras Holding Anonim Sirketi is a Turkey-based diversified industrial and investment conglomerate engaged in food production, industrial machinery manufacturing, construction, real estate investment, and renewable energy generation. Founded in 1988 and headquartered in Konya, Turkey, the company operates across domestic and international markets through an integrated portfolio of specialized subsidiaries. The company organizes its business operations into four core segments: Food, Machinery, Construction and Real Estate, and Energy and Asset Management. In the Food segment, operated primarily through its subsidiary Selva Gida Sanayi A.S., the company manufactures and distributes packaged pasta varieties, including classic, whole wheat, and vegetable pastas; semolina and durum wheat derivatives; specialized wheat flours and pastry mixes; instant and quick-cooking noodles; and packaged pulses, grains, and snack products under the Selva brand. In the Machinery segment, operating through Imas Makina Sanayi A.S., the company designs, manufactures, and installs turnkey grain milling machinery and grain processing systems under the Milleral brand; industrial feed milling equipment and automated animal nutrition plants under the Viteral brand; metal cutting band saw and circular saw machinery under the Cuteral brand; and structural steel manufacturing solutions. In the Construction and Real Estate segment, led by Seha Insaat and Adese Gayrimenkul Yatirim A.S., the company delivers turnkey residential building construction; master-planned housing communities; commercial property development, including shopping malls, business centers, and educational facilities; general contracting and infrastructure engineering; and commercial property leasing and portfolio management services. In the Energy and Asset Management segment, the company develops, owns, and operates utility-scale and rooftop solar photovoltaic power generation plants, while managing strategic corporate equity investments and commercial trade operations. Loras Holding Anonim Sirketi distributes its products and services to retail consumers, food manufacturers, agricultural processors, industrial fabricators, commercial tenants, and real estate buyers across Turkey, Europe, the Middle East, Africa, Central Asia, and the Americas, exporting its branded food products to over 80 countries and deploying turnkey milling plants internationally. In recent developments, the group executed a comprehensive corporate restructuring and strategic realignment, transitioning its corporate identity from Ittifak Holding Anonim Sirketi to Loras Holding Anonim Sirketi to reflect its modernized investment focus. As part of this strategic reorganization, the company completed the operational transformation of its subsidiary Adese, shifting its core business model from brick-and-mortar supermarket retail toward high-margin real estate investment, property development, and renewable energy generation. Loras Holding also expanded the public market presence and manufacturing capabilities of its industrial engineering arm through the initial public offering and capital expansion of Imas Makina Sanayi A.S. on Borsa Istanbul. Furthermore, the conglomerate has accelerated capital investments in solar energy generation projects across its subsidiary manufacturing facilities to enhance cost efficiency and operational sustainability, while concurrently broadening international distribution channels for its value-added food products and advanced milling technologies.