{"id":2340,"date":"2026-05-02T13:05:38","date_gmt":"2026-05-02T10:05:38","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2340"},"modified":"2026-05-02T13:06:09","modified_gmt":"2026-05-02T10:06:09","slug":"lilak-2026-03-faaliyet-raporu-analizi-lila-kat-sanayi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2340","title":{"rendered":"\ud83d\udd35 LILAK 2026-03 Faaliyet Raporu Analizi | Lila Ka\u011f\u0131t Sanayi"},"content":{"rendered":"<h1>Lila Ka\u011f\u0131t 2026 Birinci \u00c7eyrek Faaliyet Raporu Brifing Notu<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Lila Ka\u011f\u0131t Sanayi ve Ticaret A.\u015e., 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde (1\u00c7 2026), k\u00fcresel talep daralmas\u0131 ve jeopolitik gerilimlerin damga vurdu\u011fu zorlu bir makroekonomik iklime ra\u011fmen stratejik yat\u0131r\u0131mlar\u0131n\u0131 ve operasyonel verimlili\u011fini s\u00fcrd\u00fcrm\u00fc\u015ft\u00fcr. \u015eirket, 3,2 milyar TL net sat\u0131\u015f ger\u00e7ekle\u015ftirmi\u015f ve br\u00fct k\u00e2r marj\u0131n\u0131 ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re 142 baz puan art\u0131rarak %31,8 seviyesine y\u00fckseltmi\u015ftir.<\/p>\n<p>D\u00f6nemin en kritik geli\u015fmesi, Erzurum \u00fcretim tesisindeki kurulumlar\u0131n tamamlanma a\u015famas\u0131na gelmesi ve 2026\u2019n\u0131n ikinci \u00e7eyre\u011finde seri \u00fcretime ge\u00e7ilecek olmas\u0131d\u0131r. \u015eirket, halka arzdan elde edilen fonlar\u0131n etkin y\u00f6netimi sayesinde 4,7 milyar TL&#8217;lik g\u00fc\u00e7l\u00fc bir net nakit pozisyonunu korumaktad\u0131r. %66&#8217;l\u0131k y\u00fcksek ihracat oran\u0131 ve d\u00f6viz bazl\u0131 gelir yap\u0131s\u0131, \u015firketi kur risklerine kar\u015f\u0131 do\u011fal bir koruma alt\u0131nda tutmaktad\u0131r. Ayr\u0131ca, &#8220;2030 S\u00fcrd\u00fcr\u00fclebilirlik Hedefleri&#8221; do\u011frultusunda yenilenebilir enerji ve su y\u00f6netimi alanlar\u0131nda somut ilerlemeler kaydedilmi\u015ftir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Kurumsal Profil ve Operasyonel Yap\u0131<\/h2>\n<p>Lila Ka\u011f\u0131t, 2006 y\u0131l\u0131nda %100 T\u00fcrk sermayesi ile kurulmu\u015f, bug\u00fcn Avrupa ve Ortado\u011fu\u2019nun en b\u00fcy\u00fck tam entegre tesislerinden birine sahip bir sanayi kurulu\u015fudur.<\/p>\n<ul>\n<li><b>\u00dcretim Merkezi:<\/b> Tekirda\u011f, Ergene\u2019de 300.000 m\u00b2 alan \u00fczerine kurulu modern kamp\u00fcs.<\/li>\n<li><b>Kapasite:<\/b> Y\u0131ll\u0131k br\u00fct 271 bin ton ka\u011f\u0131t \u00fcretim kapasitesi.<\/li>\n<li><b>Entegrasyon:<\/b> Sel\u00fcloz hammaddesinden ba\u015flayarak bobin ka\u011f\u0131t ve bitmi\u015f konverting \u00fcr\u00fcnleri (tuvalet ka\u011f\u0131d\u0131, ka\u011f\u0131t havlu, mendil, pe\u00e7ete) \u00fcretimi.<\/li>\n<li><b>Markalar:<\/b>\n<ul>\n<li><b>Yurt \u0130\u00e7i:<\/b> Sofia, Maylo, Ultra Berrak.<\/li>\n<li><b>Yurt D\u0131\u015f\u0131:<\/b> Nua.<\/li>\n<li><b>Ev D\u0131\u015f\u0131 T\u00fcketim:<\/b> Nua Professional.<\/li>\n<\/ul>\n<\/li>\n<li><b>\u0130hracat A\u011f\u0131:<\/b> 5 k\u0131tada 80\u2019i a\u015fk\u0131n \u00fclkeye ihracat; bobin ka\u011f\u0131t sat\u0131\u015flar\u0131n\u0131n %95\u2019i yurt d\u0131\u015f\u0131 pazarlara y\u00f6neliktir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Performans Analizi (1\u00c7 2026)<\/h2>\n<p>\u015eirketin finansal tablolar\u0131 TMS 29 (Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama) standard\u0131na g\u00f6re d\u00fczenlenmi\u015ftir.<\/p>\n<h3>Temel Finansal G\u00f6stergeler (Bin TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>G\u00f6sterge<\/td>\n<td>1\u00c7 2026<\/td>\n<td>1\u00c7 2025<\/td>\n<td>De\u011fi\u015fim<\/td>\n<\/tr>\n<tr>\n<td><b>Net Sat\u0131\u015flar<\/b><\/td>\n<td>3.189.712<\/td>\n<td>3.945.483<\/td>\n<td>-%19,2<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct K\u00e2r<\/b><\/td>\n<td>1.015.504<\/td>\n<td>1.200.256<\/td>\n<td>-%15,4<\/td>\n<\/tr>\n<tr>\n<td><b>FAV\u00d6K<\/b><\/td>\n<td>635.605<\/td>\n<td>774.918<\/td>\n<td>-%18,0<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00fczeltilmi\u015f FAV\u00d6K<\/b><\/td>\n<td>733.071<\/td>\n<td>1.056.597<\/td>\n<td>-%30,6<\/td>\n<\/tr>\n<tr>\n<td><b>Net D\u00f6nem Zarar\u0131<\/b><\/td>\n<td>(142.397)<\/td>\n<td>(1.206)<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<tr>\n<td><b>Parasal Kay\u0131p Hari\u00e7 Net K\u00e2r<\/b><\/td>\n<td>678.263<\/td>\n<td>865.082<\/td>\n<td>-%21,6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Finansal Durum ve Rasyolar<\/h3>\n<ul>\n<li><b>K\u00e2rl\u0131l\u0131k:<\/b> Br\u00fct k\u00e2r marj\u0131 %31,8 (2025: %30,4). FAV\u00d6K marj\u0131 %19,9 seviyesinde korunmu\u015ftur.<\/li>\n<li><b>Likidite:<\/b> Cari oran 3,6; asit-test oran\u0131 3,1 gibi olduk\u00e7a y\u00fcksek seviyelerdedir.<\/li>\n<li><b>Bor\u00e7luluk:<\/b> \u015eirketin 4,7 milyar TL net nakit pozisyonu bulunmaktad\u0131r. Net Finansal Bor\u00e7 \/ FAV\u00d6K oran\u0131 (-1,28) olarak ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>\u00d6zkaynak G\u00fcc\u00fc:<\/b> \u00d6zkaynaklar\u0131n toplam varl\u0131klara oran\u0131 %80\u2019dir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Pazar Dinamikleri ve Risk Y\u00f6netimi<\/h2>\n<p>1\u00c7 2026 d\u00f6nemi, k\u00fcresel ticaret sava\u015flar\u0131 ve Ortado\u011fu\u2019daki b\u00f6lgesel \u00e7at\u0131\u015fmalar\u0131n (ABD-\u0130srail-\u0130ran) etkisiyle artan maliyet bask\u0131lar\u0131 alt\u0131nda ge\u00e7mi\u015ftir.<\/p>\n<ul>\n<li><b>Hammadde ve Maliyetler:<\/b> Sel\u00fcloz fiyatlar\u0131 2025\u2019teki d\u00fc\u015f\u00fck seyirden sonra 1\u00c7 2026\u2019da s\u0131n\u0131rl\u0131 bir y\u00fckseli\u015f g\u00f6stermi\u015ftir. Ancak 1\u00c7 2026 sat\u0131\u015f fiyatlar\u0131 2025 sel\u00fcloz maliyetlerine g\u00f6re olu\u015ftu\u011fu i\u00e7in bu art\u0131\u015f hen\u00fcz sonu\u00e7lara tam yans\u0131mam\u0131\u015ft\u0131r.<\/li>\n<li><b>D\u00f6viz Kuru Bask\u0131s\u0131:<\/b> D\u00f6viz kurlar\u0131n\u0131n enflasyonun alt\u0131nda art\u0131\u015f g\u00f6stermesi net sat\u0131\u015flar \u00fczerinde olumsuz etki yaratsa da, \u015firketin y\u00fcksek ihracat oran\u0131 (%66) kur riskine kar\u015f\u0131 do\u011fal koruma sa\u011flamaktad\u0131r.<\/li>\n<li><b>Kapasite Kullan\u0131m\u0131:<\/b> T\u00fcrkiye genelinde sekt\u00f6r ortalamas\u0131 %76 iken, Lila Ka\u011f\u0131t %86 kapasite kullan\u0131m oran\u0131yla sekt\u00f6r\u00fcn 10 puan \u00fczerinde performans sergilemi\u015ftir.<\/li>\n<li><b>Pazar Pay\u0131:<\/b> T\u00fcrkiye pazar pay\u0131 0,4 puan art\u0131\u015fla %7,5\u2019e \u00e7\u0131km\u0131\u015ft\u0131r. Ka\u011f\u0131t mendil kategorisinde %51 pay ile pazar liderli\u011fi devam etmektedir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Stratejik Yat\u0131r\u0131mlar ve \u00dcretim Projeleri<\/h2>\n<p>\u015eirket, 1\u00c7 2026\u2019da toplam 828 milyon TL yat\u0131r\u0131m harcamas\u0131 ger\u00e7ekle\u015ftirmi\u015ftir.<\/p>\n<h3>Erzurum Fabrika Yat\u0131r\u0131m\u0131 (804 Milyon TL)<\/h3>\n<ul>\n<li><b>Konverting Tesisi:<\/b> Makine kurulumlar\u0131 tamamlanm\u0131\u015f, test \u00fcretimleri ba\u015flam\u0131\u015ft\u0131r. 2\u00c7 2026\u2019da seri \u00fcretime ge\u00e7ilmesi hedeflenmektedir. Do\u011fu Anadolu ve Karadeniz b\u00f6lgesinin temizlik ka\u011f\u0131d\u0131 alan\u0131ndaki ilk a\u011f\u0131r sanayi tesisi olacakt\u0131r.<\/li>\n<li><b>\u0130hracat Hedefi:<\/b> Azerbaycan, G\u00fcrcistan, Irak ve T\u00fcrki Cumhuriyetlere ihracat odak noktas\u0131d\u0131r.<\/li>\n<li><b>\u0130kinci Faz:<\/b> 2027 y\u0131l\u0131nda be\u015finci ka\u011f\u0131t \u00fcretim hatt\u0131n\u0131n devreye al\u0131nmas\u0131yla y\u0131ll\u0131k kapasitenin 341 bin tona \u00e7\u0131kar\u0131lmas\u0131 planlanmaktad\u0131r.<\/li>\n<\/ul>\n<h3>Ergene Kamp\u00fcs\u00fc ve Otomasyon<\/h3>\n<ul>\n<li><b>Depo Tasar\u0131m\u0131:<\/b> Verimlili\u011fi art\u0131rmak amac\u0131yla yaz\u0131l\u0131m destekli, insans\u0131z ta\u015f\u0131ma ara\u00e7lar\u0131 (AGV\/LGV) ve konvey\u00f6r sistemleri i\u00e7eren yeni bir depo konsepti \u00fczerinde \u00e7al\u0131\u015f\u0131lmaktad\u0131r.<\/li>\n<li><b>Operasyonel Verimlilik:<\/b> Ergene&#8217;de otomasyon ve verimlilik art\u0131\u015f\u0131 i\u00e7in 24 milyon TL yat\u0131r\u0131m yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. S\u00fcrd\u00fcr\u00fclebilirlik ve ESG Faaliyetleri<\/h2>\n<p>Lila Ka\u011f\u0131t, 2030 hedefleri do\u011frultusunda \u00e7evresel ve sosyal sorumluluk projelerini takip etmektedir.<\/p>\n<ul>\n<li><b>Enerji:<\/b> 12,5 MW&#8217;l\u0131k Ergene \u00e7at\u0131 GES yat\u0131r\u0131m\u0131 devrededir. Bitlis&#8217;te planlanan 28,1 MW&#8217;l\u0131k arazi GES projesinde ba\u011flant\u0131 anla\u015fmalar\u0131 onaylanm\u0131\u015f, \u00c7ED s\u00fcre\u00e7leri devam etmektedir. Toplam 50 MW yenilenebilir enerji kapasitesi hedeflenmektedir.<\/li>\n<li><b>Hammadde:<\/b> Sertifikal\u0131 (FSC) sel\u00fcloz kullan\u0131m oran\u0131 %100 seviyesindedir.<\/li>\n<li><b>Su Y\u00f6netimi:<\/b> Ka\u011f\u0131t \u00fcretiminde ton ba\u015f\u0131na su t\u00fcketimi 4,20 m\u00b3&#8217;e d\u00fc\u015f\u00fcr\u00fclerek 2025 y\u0131l\u0131na g\u00f6re %6 iyile\u015fme sa\u011flanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Toplumsal Etki:<\/b> TEGV i\u015f birli\u011fiyle 57.062 \u00e7ocu\u011fa e\u011fitim deste\u011fi sa\u011flanm\u0131\u015ft\u0131r; hedef 2030&#8217;a kadar 100.000 \u00e7ocuktur.<\/li>\n<li><b>Cinsiyet E\u015fitli\u011fi:<\/b> Y\u00f6netim Kurulu\u2019nun %29\u2019u kad\u0131n \u00fcyelerden olu\u015fmaktad\u0131r (Hedef: &gt;%25). Kad\u0131n \u00e7al\u0131\u015fan oran\u0131 %18\u2019dir (2030 hedefi %25).<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. \u00dcR-GE ve Pazarlama Geli\u015fmeleri<\/h2>\n<ul>\n<li><b>\u00dcr\u00fcn Portf\u00f6y\u00fc:<\/b> 1\u00c7 2026 itibar\u0131yla toplam SKU (stok kodu) say\u0131s\u0131 453&#8217;e y\u00fckselmi\u015ftir. D\u00f6nem i\u00e7inde 24 yeni SKU devreye al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>S\u00fcrd\u00fcr\u00fclebilir Ambalaj:<\/b> %30 PCR (t\u00fcketim sonras\u0131 geri d\u00f6n\u00fc\u015ft\u00fcr\u00fclm\u00fc\u015f plastik) i\u00e7erikli ambalaj denemeleri ba\u015far\u0131yla tamamlanm\u0131\u015f, seri \u00fcretime haz\u0131r hale gelinmi\u015ftir.<\/li>\n<li><b>Marka Bilinirli\u011fi:<\/b> Maylo markas\u0131n\u0131n bilinirli\u011fi %85 ile tarihi zirvesine ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>Turquality:<\/b> Nua markas\u0131 11 Mart 2026 itibar\u0131yla TURQUALITY program\u0131na dahil edilmi\u015ftir.<\/li>\n<li><b>Yal\u0131n Alt\u0131 Sigma:<\/b> Kamp\u00fcs genelinde 16 \u00e7al\u0131\u015fma tak\u0131m\u0131 ve 90 personelin kat\u0131l\u0131m\u0131yla verimlilik odakl\u0131 13 proje ba\u015flat\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>7. \u0130nsan Kaynaklar\u0131 ve Y\u00f6netim<\/h2>\n<ul>\n<li><b>Personel Say\u0131s\u0131:<\/b> 31 Mart 2026 itibar\u0131yla 982 \u00e7al\u0131\u015fan.<\/li>\n<li><b>\u0130\u015f Sa\u011fl\u0131\u011f\u0131 ve G\u00fcvenli\u011fi:<\/b> D\u00f6nem i\u00e7inde 2.535 ki\u015fiye toplam 6.538 saat \u0130SG e\u011fitimi verilmi\u015ftir. 459 adet ramak kala olay raporlanarak \u00f6nleyici faaliyetler y\u00fcr\u00fct\u00fclm\u00fc\u015ft\u00fcr.<\/li>\n<li><b>Sendikal \u0130li\u015fkiler:<\/b> \u00d6z \u0130plik \u0130\u015f Sendikas\u0131 ile 2026-2028 d\u00f6nemini kapsayan toplu i\u015f s\u00f6zle\u015fmesi 24 Mart 2026&#8217;da imzalanm\u0131\u015ft\u0131r. Sel\u00fcloz-\u0130\u015f Sendikas\u0131 ile g\u00f6r\u00fc\u015fmeler s\u00fcrmektedir.<\/li>\n<li><b>\u00dcst Y\u00f6netim \u00d6demeleri:<\/b> 20 ki\u015filik \u00fcst d\u00fczey y\u00f6netici grubuna sa\u011flanan toplam fayda 36,4 milyon TL&#8217;dir.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2340\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Lila Ka\u011f\u0131t, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde k\u00fcresel ekonomik belirsizliklere meydan okuyarak k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 ve pazar pay\u0131n\u0131 art\u0131rmaya devam ediyor. Erzurum&#8217;daki dev \u00fcretim tesisinde seri \u00fcretim i\u00e7in geri say\u0131m ba\u015flarken, \u015firket g\u00fc\u00e7l\u00fc nakit yap\u0131s\u0131 ve %66&#8217;ya ula\u015fan ihracat oran\u0131yla global oyuncu kimli\u011fini peki\u015ftiriyor. S\u00fcrd\u00fcr\u00fclebilirlik hedefleri do\u011frultusunda yenilenebilir enerji yat\u0131r\u0131mlar\u0131na h\u0131z kesmeden devam eden Lila Ka\u011f\u0131t&#8217;\u0131n, 2026 y\u0131l\u0131 ilk \u00e7eyrek finansal sonu\u00e7lar\u0131n\u0131 ve gelecek vizyonunu inceledik.<\/p>\n","protected":false},"author":4,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[237],"class_list":["post-2340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-lilak"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2340"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2340\/revisions"}],"predecessor-version":[{"id":2341,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2340\/revisions\/2341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}