Girisim Elektrik Sanayi Taahhut Ve Ticaret A.s.

Girisim Elektrik Sanayi Taahhut Ve Ticaret A.s.

GESAN.IS
Girisim Elektrik Sanayi Taahhut Ve Ticaret A.s.TR flagIstanbul Stock Exchange
60.50
TRY
-6.70
- -
27.83BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.91
1.23
2.2
2.68
16.34
32.8
43.21
44.78
49.75
Basic EPS, GAAP
-0.02
0.05
0.51
0.48
1.41
2.16
3.83
1.96
1.99
Free Cash Flow per Basic Share
-0.4
0.04
0.1
-0.43
-0.12
-8.81
-2.08
-5.8
-7.26
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.16
0.28
0.67
1.98
8.39
19.5
27.7
29.65
33.35
Tangible Book Value per Share
0.16
0.28
0.65
1.93
7.81
18.16
25.75
27.4
30.82
Basic Weighted Avg Shares
400
400
400
460
460
460
460
460
456
Sales/Revenue/Turnover
362
492
880
1,232
7,515
15,089
19,879
20,597
22,674
Operating Margin (%)
18.9
6.82
37.6
29.82
21.42
31.21
25.93
15.36
19.19
Depreciation Expense
11
13
6
14
90
292
383
509
530
Net Income, GAAP
-7
18
203
220
650
992
1,760
903
905
Effective Tax Rate (%)
- -
4.7
15.94
16.43
29.06
34.05
33.69
27.89
58.28
Profit Margin (%)
-1.93
3.75
23.02
17.9
8.66
6.58
8.86
4.39
3.99
Working Capital
41
52
276
734
2,652
8,197
11,555
13,157
15,814
LT Debt
145
74
127
203
441
671
746
2,245
2,739
Total Equity
90
152
341
994
4,317
12,330
17,832
18,867
21,053
Return on Invested Capital (%)
- -
9.58
56.49
29.42
31.91
31.31
20.38
10.83
8.44
Return on Capital (%)
- -
4.7
38.79
20.08
18.22
7.89
11.08
3.82
6.51
Return on Common Equity (%)
- -
17.96
92.06
36.1
27.27
15.47
16.21
6.85
6.84

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
974
1,819
2,356
LT Borrowings
1,899
2,245
2,739
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
460
460
460
Market Capitalization
20,792
21,344
21,114

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
19,112
21,250
27,294
Cash, Cash Equivalents & STI
645
826
516
Accounts Receivable, Net
2,393
2,688
2,711
Inventories
5,025
5,998
8,805
Total Current Liabilities
6,324
8,094
11,480
Payables & Accruals
- -
- -
- -
ST Debt
974
1,819
2,356
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
152.39%
5.8%
Free Cash Flow
- -
1,355.59%
178.54%
Net Income, GAAP
- -
57.02%
-48.68%
Sales/Revenue/Turnover
- -
137.25%
3.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,663
2,821
5,637
5,552
19,879
2025
5,188
3,051
6,367
6,433
20,597
2026
6,823
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
1.5
1.3
- -
3.83
2025
1.17
0.05
1.37
- -
1.96
2026
0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

Full Time Employees
1,875
Sector
Industrials
Industry
Engineering & Construction
Address
Saray Mahallesi Atom Caddesi Ankara AN Türkiye 06980
IPO Date
Aug 19, 2021
Business
Girisim Elektrik Sanayi Taahhut Ve Ticaret A.Ş. (GESAN) engages in electrical contracting, engineering, and construction services with a focus on turnkey power generation and distribution projects. Core activities include electrical system design, procurement, installation, testing, and commissioning; high, medium, and low voltage electrical works; renewable energy project development and EPC services; industrial and commercial electrical installations; maintenance, after-sales support, and retrofit/upgrades for energy infrastructure; project management and site supervision; and related consulting services. The company operates as a multidisciplinary contractor delivering comprehensive solutions across the power sector, including generation, transmission, and distribution infrastructure. Latest major changes include strategic partnerships and alliances within the energy and construction sectors to expand project pipelines; targeted acquisitions or equity investments to strengthen capabilities in EPC, turnkey solutions, and renewable energy development; launches of new service lines such as advanced grid modernization, digitalization, and smart energy management offerings; organizational restructurings to align with growth markets and improve project execution; expansion of geographic footprint to serve regional markets with increased local presence. Industry and business segments: electrical contracting, engineering, procurement, and construction (EPC) services for power and industrial projects; renewable energy development; maintenance, retrofits, and upgrades; consulting and project management. Target markets include utilities, industrials, commercial developers, and government projects requiring integrated electrical infrastructure. Geographic operations focus on Turkey with projects and clients in regional markets, leveraging local expertise and supplier networks. Founding year and headquarters: established in the late 20th century with corporate headquarters in Turkey. Subsidiaries and parent relationships are aligned to support diversified EPC capabilities and project delivery.