{"id":2348,"date":"2026-05-02T13:19:07","date_gmt":"2026-05-02T10:19:07","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2348"},"modified":"2026-05-02T13:19:28","modified_gmt":"2026-05-02T10:19:28","slug":"prdgs-2026-03-bilano-analizi-pardus-giriim-sermayesi-yatrm-ortakl","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2348","title":{"rendered":"\ud83d\udd34 PRDGS 2026-03 Bilan\u00e7o Analizi | Pardus Giri\u015fim Sermayesi Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131"},"content":{"rendered":"<h1>Pardus Giri\u015fim Sermayesi Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 A.\u015e. 2026 Y\u0131l\u0131 I. \u00c7eyrek Faaliyet ve Strateji Brifingi<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu brifing belgesi, Pardus Giri\u015fim Sermayesi Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 A.\u015e.&#8217;nin (Pardus Giri\u015fim) 01.01.2026 \u2013 31.03.2026 d\u00f6nemini kapsayan I. \u00e7eyrek faaliyetlerini, yat\u0131r\u0131m portf\u00f6y\u00fcn\u00fc ve finansal durumunu analiz etmektedir. 16 Haziran 2021 tarihinde kurulan ve 15 Haziran 2022&#8217;den itibaren Borsa \u0130stanbul&#8217;da (PRDGS) i\u015flem g\u00f6ren \u015firket, yenilik\u00e7i ve y\u00fcksek b\u00fcy\u00fcme potansiyeli olan giri\u015fimlere stratejik sermaye deste\u011fi sunmaya odaklanm\u0131\u015ft\u0131r.<\/p>\n<p>2026&#8217;n\u0131n ilk \u00e7eyre\u011fi itibar\u0131yla \u00f6ne \u00e7\u0131kan kritik veriler \u015funlard\u0131r:<\/p>\n<ul>\n<li><b>Sermaye Yap\u0131s\u0131:<\/b> \u015eirketin \u00e7\u0131kar\u0131lm\u0131\u015f sermayesi 196.000.000 TL&#8217;dir. Y\u00f6netim Kurulu, kay\u0131tl\u0131 sermaye tavan\u0131n\u0131n 600 milyon TL&#8217;den <b>5 milyar TL&#8217;ye<\/b> \u00e7\u0131kar\u0131lmas\u0131 i\u00e7in karar alm\u0131\u015ft\u0131r.<\/li>\n<li><b>Finansal Sonu\u00e7lar:<\/b> D\u00f6nem net zarar\u0131 <b>61.738.437 TL<\/b> olarak ger\u00e7ekle\u015fmi\u015ftir. Toplam varl\u0131klar 2,44 milyar TL seviyesindedir.<\/li>\n<li><b>Yat\u0131r\u0131m Portf\u00f6y\u00fc:<\/b> \u015eirket; yenilenebilir enerji, telekom\u00fcnikasyon, g\u0131da, e\u011fitim teknolojileri ve makine sanayii gibi geni\u015f bir yelpazede 12 farkl\u0131 i\u015ftirak ve fon yat\u0131r\u0131m\u0131 y\u00f6netmektedir.<\/li>\n<li><b>Stratejik Geli\u015fmeler:<\/b> Arf Bio&#8217;nun halka arz\u0131 Ocak 2026&#8217;da tamamlanm\u0131\u015f, DBE Elektrik&#8217;in halka arz s\u00fcreci ise devam etmektedir.<\/li>\n<\/ul>\n<h2>1. Kurumsal Yap\u0131 ve Y\u00f6netim<\/h2>\n<h3>1.1. Ortakl\u0131k Yap\u0131s\u0131<\/h3>\n<p>Pardus Giri\u015fim&#8217;in sermayesi 196.000.000 adet hisseden olu\u015fmakta olup, (A) grubu paylar y\u00f6netim kurulu se\u00e7iminde aday g\u00f6sterme imtiyaz\u0131na sahiptir.<\/p>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ortak Unvan\u0131 \/ Ad\u0131<\/td>\n<td>Sermaye Pay\u0131 (TL)<\/td>\n<td>Pay Oran\u0131 (%)<\/td>\n<\/tr>\n<tr>\n<td>G\u00fcler Yat\u0131r\u0131m Holding A.\u015e.<\/td>\n<td>56.150.000<\/td>\n<td>28,65<\/td>\n<\/tr>\n<tr>\n<td>Halka A\u00e7\u0131k \/ Di\u011fer<\/td>\n<td>110.850.000<\/td>\n<td>56,56<\/td>\n<\/tr>\n<tr>\n<td>Asiye G\u00dcLER<\/td>\n<td>7.250.000<\/td>\n<td>3,70<\/td>\n<\/tr>\n<tr>\n<td>\u0130rem G\u00dcLER<\/td>\n<td>7.250.000<\/td>\n<td>3,70<\/td>\n<\/tr>\n<tr>\n<td>Ceren G\u00dcLER<\/td>\n<td>7.250.000<\/td>\n<td>3,70<\/td>\n<\/tr>\n<tr>\n<td>Ceylin G\u00dcLER<\/td>\n<td>7.250.000<\/td>\n<td>3,70<\/td>\n<\/tr>\n<tr>\n<td><b>TOPLAM<\/b><\/td>\n<td><b>196.000.000<\/b><\/td>\n<td><b>100,00<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>1.2. Y\u00f6netim Kurulu ve Komiteler<\/h3>\n<p>\u015eirket 6 \u00fcyeli bir y\u00f6netim kurulu taraf\u0131ndan y\u00f6netilmektedir. Y\u00f6netim Kurulu Ba\u015fkan\u0131 Asiye G\u00dcLER&#8217;dir. D\u00f6nem i\u00e7erisinde ba\u011f\u0131ms\u0131z \u00fcye \u0130nan\u00e7 As\u0131m S\u00d6ZER atanm\u0131\u015f, ancak 08.04.2026 tarihinde istifa etmi\u015ftir. \u015eirket b\u00fcnyesinde Denetim, Riskin Erken Saptanmas\u0131 ve Kurumsal Y\u00f6netim komiteleri faaliyet g\u00f6stermektedir. \u015eirketin toplam personel say\u0131s\u0131 3&#8217;t\u00fcr.<\/p>\n<h2>2. Giri\u015fim Sermayesi Yat\u0131r\u0131m Portf\u00f6y\u00fc<\/h2>\n<p>Pardus Giri\u015fim, stratejik sekt\u00f6rlerde b\u00fcy\u00fcme odakl\u0131 bir portf\u00f6y y\u00f6netmektedir. 31.03.2026 itibar\u0131yla portf\u00f6yde yer alan giri\u015fimler \u015funlard\u0131r:<\/p>\n<h3>2.1. Enerji Sekt\u00f6r\u00fc Yat\u0131r\u0131mlar\u0131<\/h3>\n<ul>\n<li><b>ASY Yenilenebilir Enerji (%50,82):<\/b> 10 ilde toplam 47,15 MWp kurulu g\u00fcce sahip g\u00fcne\u015f enerjisi santralleri (GES) i\u015fletmektedir.<\/li>\n<li><b>A1 Yenilenebilir Enerji (%6,00):<\/b> 53,41 MWp kurulu g\u00fcce sahip GES portf\u00f6y\u00fc ile YEKDEM kapsam\u0131nda sat\u0131\u015f yapmaktad\u0131r.<\/li>\n<li><b>Arf Bio (%4,01):<\/b> Biyogaz, elektrik \u00fcretimi ve organomineral g\u00fcbre \u00fcretimi yapmaktad\u0131r. 05.01.2026&#8217;da Borsa \u0130stanbul&#8217;da i\u015flem g\u00f6rmeye ba\u015flam\u0131\u015ft\u0131r.<\/li>\n<li><b>DBE Elektrik (%0,93):<\/b> G\u00fcne\u015f enerji sistemleri EPC (anahtar teslim kurulum) ve bak\u0131m hizmetleri sunmaktad\u0131r. Halka arz ba\u015fvurusu s\u00fcre\u00e7leri devam etmektedir.<\/li>\n<\/ul>\n<h3>2.2. Teknoloji ve Hizmet Sekt\u00f6r\u00fc Yat\u0131r\u0131mlar\u0131<\/h3>\n<ul>\n<li><b>Turknet (%4,92):<\/b> Telekom\u00fcnikasyon pazar\u0131nda bireysel ve kurumsal internet, VPN ve veri merkezi hizmetleri sa\u011flamaktad\u0131r.<\/li>\n<li><b>Non Nocere (%0,72):<\/b> Cerrahi e\u011fitimde sanal ger\u00e7eklik (SG) teknolojisi kullanan, sanal ameliyathane ve anatomi laboratuvar\u0131 sunan bir e\u011fitim platformudur.<\/li>\n<li><b>A1 E\u011fitim ve Filo Kiralama (%17,50):<\/b> Motorlu ta\u015f\u0131t kiralama ve e\u011fitim seminerleri alan\u0131nda faaliyet g\u00f6stermektedir.<\/li>\n<\/ul>\n<h3>2.3. G\u0131da, Yay\u0131nc\u0131l\u0131k ve Sanayi Yat\u0131r\u0131mlar\u0131<\/h3>\n<ul>\n<li><b>DMR Unlu Mamuller (%2,79):<\/b> Simit Saray\u0131&#8217;n\u0131n \u00fcretim operasyonlar\u0131n\u0131 devralm\u0131\u015f olup, 30 \u00fclkeye donuk unlu mamul ihracat\u0131 yapmaktad\u0131r.<\/li>\n<li><b>Scala Yay\u0131nc\u0131l\u0131k (%9,52):<\/b> Finans ve i\u015f d\u00fcnyas\u0131 odakl\u0131 kitap yay\u0131nc\u0131l\u0131\u011f\u0131nda uzmanla\u015fm\u0131\u015f, uluslararas\u0131 \u00f6d\u00fcll\u00fc bir yay\u0131nevidir.<\/li>\n<li><b>Velar Makine (%5,00):<\/b> Otomotiv ve enerji sekt\u00f6rlerine y\u00f6nelik tala\u015fl\u0131 imalat ve fason \u00fcretim yapmaktad\u0131r.<\/li>\n<\/ul>\n<h3>2.4. Fon Yat\u0131r\u0131mlar\u0131<\/h3>\n<ul>\n<li><b>Neo Portf\u00f6y Co-Investment 1 GSYF:<\/b> Y\u00fcksek k\u00e2rl\u0131l\u0131k potansiyeli olan giri\u015fimlere ortak yat\u0131r\u0131m stratejisi izlemektedir.<\/li>\n<li><b>Re-Pie Portf\u00f6y Arf GSYF:<\/b> Yenilenebilir enerji projelerine yat\u0131r\u0131m yapmak \u00fczere 25.000.000 TL tutar\u0131nda yat\u0131r\u0131m yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h2>3. Finansal Durum Analizi<\/h2>\n<p>\u015eirketin 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011findeki finansal performans\u0131, \u00f6nceki y\u0131l\u0131n sonu ve bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemiyle kar\u015f\u0131la\u015ft\u0131rmal\u0131 olarak a\u015fa\u011f\u0131da sunulmu\u015ftur.<\/p>\n<h3>3.1. Bilan\u00e7o \u00d6zeti (TL)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Varl\u0131klar \/ Kaynaklar<\/td>\n<td>31 Mart 2026<\/td>\n<td>31 Aral\u0131k 2025<\/td>\n<\/tr>\n<tr>\n<td>D\u00f6nen Varl\u0131klar<\/td>\n<td>41.650.494<\/td>\n<td>2.953.837<\/td>\n<\/tr>\n<tr>\n<td>Duran Varl\u0131klar (Finansal Yat\u0131r\u0131mlar)<\/td>\n<td>2.398.810.827<\/td>\n<td>2.499.045.747<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>2.440.461.321<\/b><\/td>\n<td><b>2.501.999.584<\/b><\/td>\n<\/tr>\n<tr>\n<td>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>1.080.568<\/td>\n<td>877.665<\/td>\n<\/tr>\n<tr>\n<td>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/td>\n<td>364.759<\/td>\n<td>367.488<\/td>\n<\/tr>\n<tr>\n<td>\u00d6zkaynaklar<\/td>\n<td>2.439.015.994<\/td>\n<td>2.500.754.431<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>3.2. Gelir Tablosu Analizi<\/h3>\n<ul>\n<li><b>Has\u0131lat:<\/b> -53.640.336 TL (\u00d6nceki y\u0131l ayn\u0131 d\u00f6nem: -22.874.567 TL)<\/li>\n<li><b>Esas Faaliyet Zarar\u0131:<\/b> -58.219.980 TL<\/li>\n<li><b>D\u00f6nem Net Zarar\u0131:<\/b> -61.738.437 TL (\u00d6nceki y\u0131l ayn\u0131 d\u00f6nem: -31.975.576 TL)<\/li>\n<li><b>Pay Ba\u015f\u0131na Kazan\u00e7\/Kay\u0131p:<\/b> -0,3150 TL<\/li>\n<\/ul>\n<p>\u015eirketin zarar\u0131ndaki art\u0131\u015fta has\u0131lat kalemindeki negatif seyir ve genel y\u00f6netim giderleri (6,49 milyon TL) etkili olmu\u015ftur. Ayr\u0131ca 3,5 milyon TL tutar\u0131nda parasal kay\u0131p kaydedilmi\u015ftir.<\/p>\n<h2>4. Operasyonel Geli\u015fmeler ve Mevzuat Uyumu<\/h2>\n<ul>\n<li><b>\u0130\u00e7 Kontrol:<\/b> \u015eirket, &#8220;\u0130\u00e7 Kontrol Faaliyetlerine \u0130li\u015fkin Prosed\u00fcr&#8221; \u00e7er\u00e7evesinde portf\u00f6y s\u0131n\u0131rlamalar\u0131n\u0131 g\u00fcnl\u00fck olarak takip etmektedir.<\/li>\n<li><b>Ba\u011f\u0131ms\u0131z Denetim:<\/b> 2026 y\u0131l\u0131 ba\u011f\u0131ms\u0131z denetim faaliyetleri i\u00e7in PKF Aday Ba\u011f\u0131ms\u0131z Denetim A.\u015e. se\u00e7ilmi\u015ftir.<\/li>\n<li><b>Hukuki Durum:<\/b> D\u00f6nem i\u00e7erisinde \u015firket aleyhine a\u00e7\u0131lan, mali durumu etkileyebilecek nitelikte bir dava veya uygulanan idari yapt\u0131r\u0131m bulunmamaktad\u0131r.<\/li>\n<li><b>Ba\u011f\u0131\u015flar:<\/b> 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde herhangi bir ba\u011f\u0131\u015f veya yard\u0131m yap\u0131lmam\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h2>5. Sonu\u00e7 ve De\u011ferlendirme<\/h2>\n<p>Pardus Giri\u015fim, 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde finansal olarak bir zarar d\u00f6nemi ge\u00e7irse de, portf\u00f6y\u00fcndeki \u015firketlerin halka arz s\u00fcre\u00e7leri (Arf Bio ve DBE Elektrik) ve enerji sekt\u00f6r\u00fcndeki g\u00fc\u00e7l\u00fc konumuyla b\u00fcy\u00fcme stratejisini s\u00fcrd\u00fcrmektedir. \u00d6zellikle kay\u0131tl\u0131 sermaye tavan\u0131n\u0131n 5 milyar TL&#8217;ye \u00e7\u0131kar\u0131lmas\u0131 hedefi, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde yeni ve daha b\u00fcy\u00fck \u00f6l\u00e7ekli yat\u0131r\u0131mlar\u0131n sinyalini vermektedir. Portf\u00f6y\u00fcn \u00e7e\u015fitlili\u011fi (enerjiden e\u011fitime, g\u0131dadan teknolojiye) \u015firketin risk da\u011f\u0131l\u0131m\u0131 stratejisini desteklemektedir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"2348\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Pardus Giri\u015fim (PRDGS), 2026 y\u0131l\u0131na stratejik hamlelerle h\u0131zl\u0131 bir giri\u015f yapt\u0131. Kay\u0131tl\u0131 sermaye tavan\u0131n\u0131 5 milyar TL\u2019ye y\u00fckseltme karar\u0131 alan \u015firket, Arf Bio\u2019nun ba\u015far\u0131l\u0131 halka arz\u0131 ve DBE Elektrik\u2019in yeni borsa ba\u015fvurusuyla giri\u015fim ekosistemindeki a\u011f\u0131rl\u0131\u011f\u0131n\u0131 art\u0131r\u0131yor. Enerjiden teknolojiye uzanan geni\u015f yat\u0131r\u0131m portf\u00f6y\u00fcn\u00fcn 2026 ilk \u00e7eyrek performans\u0131n\u0131 ve finansal analizini i\u00e7eren kapsaml\u0131 dosyam\u0131z\u0131 inceleyin.<\/p>\n","protected":false},"author":7,"featured_media":1725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[332],"class_list":["post-2348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-prdgs"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2348","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2348"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2348\/revisions"}],"predecessor-version":[{"id":2349,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2348\/revisions\/2349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1725"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}