PAPILON SAVUNMA TEKNOLOJI VE TICARET A.S

PAPILON SAVUNMA TEKNOLOJI VE TICARET A.S

BBIST:PAPIL
5.94
TRY
-0.29
(-4.65%)
3.25BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.19
0.23
0.33
0.09
0.13
0.14
0.36
0.52
1.49
0.67
- -
Basic EPS, GAAP
0.09
0.11
0.14
0.05
0.05
0.12
-0.24
0.38
-0.12
-0.43
- -
Free Cash Flow per Basic Share
-0.02
0.13
0.2
0.03
-0.03
0.06
- -
-0.01
0.77
0.32
0.41
Dividend per Share
0.01
0.02
0.03
0.03
0.01
- -
- -
0.02
0.01
- -
- -
Book Value per Share
- -
- -
0.33
0.4
0.44
0.55
1.31
2.24
2.83
2.4
1.67
Tangible Book Value per Share
- -
- -
0.33
0.4
0.42
0.51
1.13
1.79
2.12
1.49
0.5
Basic Weighted Avg Shares
182
182
180
184
206
206
206
206
206
206
206
Sales/Revenue/Turnover
36
43
59
17
27
29
73
107
306
138
- -
Operating Margin (%)
56.46
50.16
48.03
9.48
-12.8
-19.81
-30.15
-2.27
13.96
-1.47
- -
Depreciation Expense
- -
- -
- -
1
1
2
12
18
36
27
3
Net Income, GAAP
17
20
25
8
9
25
-49
78
-25
-89
- -
Effective Tax Rate (%)
20.05
20.07
21.33
12.14
11.22
21.29
- -
13.94
- -
- -
- -
Profit Margin (%)
48.07
47.21
42.93
47.94
35.31
83.89
-66.42
73.05
-8.28
-64.88
- -
Working Capital
- -
- -
59
80
84
104
234
373
449
299
71
LT Debt
- -
- -
- -
1
1
- -
- -
2
3
12
11
Total Equity
- -
- -
59
83
90
114
271
462
584
495
344
Return on Invested Capital (%)
- -
- -
- -
2.09
-3.37
-3.14
- -
7.65
- -
- -
- -
Return on Capital (%)
- -
- -
- -
11.75
11.21
24.3
- -
21.32
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
11.65
10.94
24.12
-25.27
21.35
-4.85
-16.54
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
142
239
134
LT Borrowings
- -
7
10
LT Finance Leases
12
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
206
206
206
Market Capitalization
3,306
3,220
3,247

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
494
457
350
Cash, Cash Equivalents & STI
306
252
63
Accounts Receivable, Net
16
2
3
Inventories
124
159
252
Total Current Liabilities
195
297
279
Payables & Accruals
- -
- -
- -
ST Debt
142
239
134
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
49.1%
-15.18%
Free Cash Flow
- -
-1,798.39%
-57.68%
Net Income, GAAP
- -
-55.48%
251.98%
Sales/Revenue/Turnover
- -
67.27%
-55.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
57
30
6
157
306
2025
41
49
- -
35
138
2026
3
7
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
-0.22
-0.27
0.12
-0.12
2025
-1.01
0.76
- -
-0.2
-0.43
2026
-0.57
-0.55
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Oral Tugay Tuntas
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Cankaya Turkey
IPO Date
Jun 12, 2019
Business
Papilon Savunma Teknoloji ve Ticaret A.S. is a Turkey-based technology and defense company that designs, develops, and delivers biometric identification systems, artificial intelligence-driven security platforms, and forensic examination technologies. Founded in 2012 and headquartered in Ankara, Turkey, the company operates primarily across the homeland security, defense, law enforcement, and civil registry sectors. Its core product and service portfolio includes Automated Fingerprint and Palmprint Identification Systems (AFIS/APIS) for tenprint, palm, and latent print matching; facial recognition systems providing real-time video surveillance, demographic analytics, and automated suspect detection; iris recognition platforms for high-security access verification; multimodal biometric databases that integrate fingerprint, face, and iris modalities into unified identity management infrastructures; mobile biometric devices and ruggedized handheld field-identification terminals; optical live-scan fingerprint scanners; electronic border control gates (e-Gates) and automated passport verification kiosks; 3D ballistic imaging and comparison systems for forensic projectile and cartridge case analysis; and forensic workstation hardware alongside custom software integration, maintenance, and data migration services. The company serves government ministries, armed forces, law enforcement agencies, intelligence organizations, border and immigration authorities, judicial institutions, and enterprise clients across Turkey, Europe, Central Asia, the Middle East, and Africa. In recent developments, Papilon Savunma has expanded its international footprint through regional distribution alliances and defense supply contracts across Central Asia and Africa; integrated deep-learning algorithms and edge-AI processing capabilities into its next-generation contactless biometric scanner and computer vision lineups; launched upgraded mobile forensic field-kit platforms; and secured strategic public sector framework agreements for the modernization of national border security and municipal smart policing infrastructures.