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Otokar Otomotiv ve Savunma Sanayi A.S.

Otokar Otomotiv ve Savunma Sanayi A.S.

BBIST:OTKAR
303.00
TRY
-5.00
(-1.62%)
45.09BMarket Cap
Oct 27Next 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
11.68
10.26
11.95
13.62
14.88
13.99
20.26
24.24
37.57
148.49
327.73
367.6
433.02
- -
Basic EPS, GAAP
0.8
0.61
0.66
0.58
0.83
1.37
2.93
5.15
8.68
16.82
23.68
-33.86
-12.16
- -
Free Cash Flow per Basic Share
-0.98
2.48
-1.14
2.76
0.87
1.25
1.99
-3.03
3.77
-31.65
-6.12
-39.85
4.4
-123.2
Dividend per Share
0.53
0.83
0.67
0.6
0.5
0.58
0.6
1.67
3.33
9.18
- -
9.85
- -
- -
Book Value per Share
2.28
2.04
2.04
2.02
2.36
3.25
5.31
8.39
12.47
54.39
99.9
89.31
71.24
45.9
Tangible Book Value per Share
1.22
0.86
0.75
0.51
0.53
0.91
2.21
4.22
6.31
21.08
53.37
15.45
-9.36
-79.01
Basic Weighted Avg Shares
120
120
120
120
120
120
120
120
120
120
120
120
120
120
Sales/Revenue/Turnover
1,402
1,232
1,434
1,635
1,785
1,679
2,431
2,909
4,509
17,819
39,327
44,112
51,962
- -
Operating Margin (%)
10.39
10.79
9.16
8.73
8.61
12.59
16.49
20.93
21.14
6.11
5.62
-3.71
1.98
- -
Depreciation Expense
40
46
48
49
62
61
79
97
105
689
1,316
1,986
2,027
2,323
Net Income, GAAP
97
73
80
70
99
164
352
618
1,042
2,018
2,841
-4,063
-1,459
- -
Effective Tax Rate (%)
10.8
11.02
9.49
- -
- -
- -
- -
1.11
- -
7.07
- -
- -
- -
- -
Profit Margin (%)
6.89
5.91
5.54
4.27
5.57
9.79
14.46
21.26
23.1
11.33
7.22
-9.21
-2.81
- -
Working Capital
129
32
235
384
559
934
905
1,052
1,108
1,745
4,607
9,902
1,748
8,644
LT Debt
332
274
509
425
190
500
548
979
1,261
2,143
3,332
15,646
14,578
32,519
Total Equity
273
244
245
243
284
390
638
1,007
1,497
6,527
11,988
10,718
8,549
5,544
Return on Invested Capital (%)
22.51
16.5
17.85
- -
- -
- -
- -
29.62
- -
10.5
- -
- -
- -
- -
Return on Capital (%)
19.87
16.45
15.96
- -
- -
- -
- -
34.28
- -
28.24
- -
- -
- -
- -
Return on Common Equity (%)
37.5
28.12
32.48
28.56
37.77
48.83
68.45
75.17
83.19
50.3
30.69
-35.79
-15.14
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
19,974
17,876
15,671
LT Borrowings
14,537
25,247
32,466
LT Finance Leases
40
46
53
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
120
120
120
Market Capitalization
58,320
43,680
45,090

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
43,117
45,532
45,984
Cash, Cash Equivalents & STI
6,731
10,726
5,289
Accounts Receivable, Net
15,822
12,076
14,389
Inventories
16,230
18,373
21,413
Total Current Liabilities
41,368
36,027
37,339
Payables & Accruals
- -
- -
- -
ST Debt
19,974
17,876
15,671
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
61.23%
87.51%
-20.24%
Free Cash Flow
-136.56%
-160.98%
-111.04%
Net Income, GAAP
18.13%
-20.82%
-64.1%
Sales/Revenue/Turnover
58.26%
100.18%
17.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,761
10,350
9,721
12,465
44,112
2025
10,416
15,061
- -
21,025
51,962
2026
9,547
10,953
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-4.8
-10.36
-10.04
-5.87
-33.86
2025
-5.05
4.54
- -
-8.52
-12.16
2026
-13.34
-23.16
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.66
0.44
9.85
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ibrahim Aykut Özüner
Full Time Employees
3,659
Sector
Consumer durables
Industry
Motor vehicles
Address
Aydinevler Mahallesi Cekmekoy IB Turkey 34788
IPO Date
Apr 24, 1995
Website
otokar.com.tr
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Business
Otokar Otomotiv ve Savunma Sanayi A.S. (OTKAR.IS) designs, manufactures and markets commercial vehicles and defense industry products including urban, interurban and tourism buses such as Centro, Doruk, Vectio, Kent Electra and Doruk Electra; light trucks including the Atlas series; trailers, tankers and car transporters; and military vehicles encompassing tactical wheeled armored platforms like Arma 6x6, Arma 8x8, Akrep, Cobra II and Kaya, tracked armored vehicles, unmanned systems and turret systems. Founded in 1963 and headquartered in Arifiye, Sakarya, Turkey, with registered offices in Istanbul, the company, a subsidiary of Koc Holding A.S., operates production facilities in Turkey and exports to over 60 countries worldwide, serving public transportation, logistics, and defense sectors with a focus on in-house R&D for wheeled, tracked and hybrid/electric technologies. Recent developments include a November 2024 contract worth RON 4.26 billion to supply 1,059 Cobra II vehicles to Romania, followed by an April 2025 joint venture with Automecanica S.A. for local production of approximately 800 units in Medias starting late 2025; a March 2025 acquisition of Mauri Bus System S.r.l. in Italy to bolster European bus market presence with zero-emission vehicles; a November 2025 strategic cooperation agreement with Guardiaris for military vehicle simulators including Cobra II and Arma 8x8; and a production agreement with Daimler Buses, alongside steady European growth and successful testing of the autonomous e-Centro by TÜV Rheinland.