Grainturk Holding A.S.

Grainturk Holding A.S.

GRTHO.IS
Grainturk Holding A.S.TR flagIstanbul Stock Exchange
197.40
TRY
+9.30
- -
24.68BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.88
2.88
10.12
26.25
36.4
58.18
56.29
Basic EPS, GAAP
0.06
1.76
4.45
5.9
8.73
14.37
13.97
Free Cash Flow per Basic Share
-0.08
-0.96
-1.04
-3.43
0.09
9.91
-5.35
Dividend per Share
- -
- -
- -
- -
0.11
- -
- -
Book Value per Share
0.33
4.61
18.54
33.36
53.67
72.13
85.16
Tangible Book Value per Share
0.33
4.61
18.53
33.36
53.67
72.13
85.16
Basic Weighted Avg Shares
125
125
125
125
125
125
125
Sales/Revenue/Turnover
361
360
1,265
3,281
4,550
7,272
7,036
Operating Margin (%)
0.39
20.8
30.83
13.07
14.27
9.34
8.56
Depreciation Expense
1
1
11
49
120
118
138
Net Income, GAAP
7
220
556
737
1,091
1,796
1,746
Effective Tax Rate (%)
21.57
17.05
- -
5.82
7.95
12.19
13.95
Profit Margin (%)
2.04
61.01
43.94
22.46
23.98
24.7
24.82
Working Capital
32
242
732
1,641
1,614
2,562
2,788
LT Debt
2
- -
6
151
216
103
113
Total Equity
42
576
2,317
4,170
6,717
9,023
10,827
Return on Invested Capital (%)
- -
17.83
- -
11.82
10.22
6.9
5.66
Return on Capital (%)
- -
64.45
- -
24.07
21.44
23.41
21.5
Return on Common Equity (%)
- -
71.03
38.42
22.72
20.06
22.85
20.64

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
65
805
703
LT Borrowings
103
108
113
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
125
125
125
Market Capitalization
35,938
28,250
31,250

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,404
3,760
4,215
Cash, Cash Equivalents & STI
1,628
1,843
1,836
Accounts Receivable, Net
508
860
589
Inventories
409
215
345
Total Current Liabilities
842
1,157
1,427
Payables & Accruals
- -
- -
- -
ST Debt
65
805
703
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
351.25%
34.33%
Free Cash Flow
- -
2,426.72%
10,931.45%
Net Income, GAAP
- -
636.02%
64.64%
Sales/Revenue/Turnover
- -
101.84%
59.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
576
1,026
1,018
1,393
4,550
2025
2,179
3,234
1,362
1,381
7,272
2026
1,720
2,573
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.72
2.25
3.98
- -
8.73
2025
1.65
2.74
3.52
- -
14.37
2026
1.6
1.68
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.11
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
86
Sector
Consumer Defensive
Industry
Agricultural Farm Products
Address
Levent Mah.levent Cad. Krizantem Sok.No.15 Besiktas IB Türkiye 34330
IPO Date
Apr 26, 2023
Business
Grainturk Holding A.S. is a Turkish agribusiness and diversified commodities company focused on grain trading, processing, and distribution as well as related agricultural input products and services. The firm engages in the sourcing, storage, milling, and sale of grains and pulses, including wheat, durum, corn, barley, and rice, to domestic and international customers; it provides agricultural supply chain services such as warehousing, logistics, and value-added processing solutions; and it participates in marketing, cost-advantage procurement, and risk management activities for suppliers and buyers. The company operates through regional offices and facilities in Turkey and maintains export capabilities to multiple regions, supporting customers across Europe, the Middle East, Africa, and Asia. Founded in 2020, it is headquartered in Istanbul, Turkey, with subsidiaries and affiliated entities aligned under a centralized corporate group structure to manage trading, processing, distribution, and strategic investments in the agribusiness sector. The business segments include grain trading and supply chain services; processed grain products and value-added offerings; and agricultural inputs and services for farmers and commercial users. Latest major changes include partnerships and strategic alliances with regional growers and logistics providers to expand milling capacity and storage throughput; a recent capital raise and debt financing to fund expansion of grain storage facilities and port logistics; initiation of new product lines in fortified and specialty grain blends for food manufacturers; organizational restructuring to streamline operations and enhance cross-border trading capabilities; and expansion of geographic footprint through new regional distribution hubs in the Black Sea and Mediterranean corridors. Industry context and target markets: agribusiness and commodity trading; customers include food manufacturers, wholesale grain buyers, feed producers, exporters, and retailers; primary geographic operations in Turkey with outbound markets across Europe, the Middle East, Africa, and Asia; subsidiary relationships and potential parent company affiliations within a broader commodity trading and agricultural inputs ecosystem. Founding year 2020; headquarters in Istanbul, Turkey.