Seranit Granit Seramik Sanayi ve Ticaret A.S.

Seranit Granit Seramik Sanayi ve Ticaret A.S.

BBIST:SERNT
5.02
TRY
-0.05
(-0.99%)
-3.53EPS
3.35BMarket Cap
Seranit Granit Seramik Sanayi ve Ticaret A.S.
BIST:SERNT
(Istanbul Exchange)

Recent

price

5.02

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
TRY
6.47
9.15
6.24
6.54
7.25
7.22
Revenue per Share
-1.91
2.61
3.05
2.03
-4.2
-3.53
Basic EPS, GAAP
- -
- -
- -
5.7
3.01
5.25
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
-3.04
-0.08
5.97
10.62
10.75
11.04
Book Value per Share
-3.09
-0.13
5.93
10.54
10.69
10.99
Tangible Book Value per Share
429
429
429
413
395
395
Basic Weighted Avg Shares
2,772
3,922
2,673
2,702
2,860
2,850
Sales/Revenue/Turnover
28.97
31.84
24.06
29.65
15.53
13.35
Operating Margin (%)
- -
- -
- -
293
331
320
Depreciation Expense
-818
1,120
1,306
838
-1,656
-1,391
Net Income, GAAP
- -
20.13
- -
35.5
- -
- -
Effective Tax Rate (%)
-29.49
28.55
48.84
31.02
-57.91
-48.81
Profit Margin (%)
519
232
1,305
1,445
1,668
1,576
Working Capital
4,636
3,311
2,825
2,703
2,873
3,044
LT Debt
-1,257
-34
2,466
4,385
4,438
4,561
Total Equity
- -
20.19
- -
6.92
- -
- -
Return on Invested Capital (%)
- -
55.65
- -
25.07
- -
- -
Return on Capital (%)
- -
- -
- -
24.47
-37.54
-30.87
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,197
2,079
2,114
LT Borrowings
2,243
2,849
3,044
LT Finance Leases
- -
25
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
413
413
413
Market Capitalization
4,431
3,221
3,354

Working Capital

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,172
5,487
5,836
Cash, Cash Equivalents & STI
21
62
57
Accounts Receivable, Net
1,322
1,608
1,580
Inventories
3,325
3,343
3,403
Total Current Liabilities
3,813
3,819
4,261
Payables & Accruals
- -
- -
- -
ST Debt
2,197
2,079
2,114
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
1.21%
Free Cash Flow
- -
- -
-49.62%
Net Income, GAAP
- -
- -
-297.6%
Sales/Revenue/Turnover
- -
- -
5.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
495
512
454
1,524
2,702
2025
704
506
579
1,125
2,860
2026
641
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.15
0.31
0.86
0.64
2.03
2025
-1.55
-0.95
-0.78
-1.02
-4.2
2026
-0.78
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Seranit Granit Seramik Sanayi ve Ticaret A.S. (Ticker: SERNT.IS) operates primarily in the manufacturing and sale of ceramic and porcelain tiles, sanitaryware, and related products for construction and interior design applications. The company produces a broad range of ceramic tiles including wall tiles, floor tiles, glazed porcelain tiles, and technical porcelain tiles under its core product lines. Additionally, Seranit offers bathroom ceramics such as ceramic sanitaryware products and accessories. Seranit markets its products predominantly across Turkey and international markets, serving construction contractors, distributors, retailers, and wholesale customers. Founded in 1974 and headquartered in Istanbul, Turkey, the company operates through various subsidiaries contributing to its integrated manufacturing and distribution network. In recent developments, Seranit has pursued strategic expansions and operational enhancements, focusing on innovation in product design and sustainability. The company has invested in modernizing its production capabilities and expanding its export footprint to key international markets. Over the past 1-2 years, Seranit has introduced new tile collections emphasizing high-tech features like durability and design aesthetics, aiming to capture growing demand in premium segments. While there are no reported major acquisitions or rebranding events, Seranit continues to strengthen its market position through partnerships and collaborations aimed at improving supply chain efficiency and product innovation. Seranit Granit operates in the ceramics and sanitaryware industry, targeting construction, remodeling, and architectural sectors with comprehensive product portfolios catering to residential and commercial projects. The company's geographic reach includes domestic markets in Turkey and significant export operations spanning Europe, Asia, and the Middle East. Its sustained focus on quality and innovation positions it as a key player in the regional ceramic manufacturing sector. Seranit's headquarters in Istanbul serve as the central hub for its corporate, production, and R&D activities.