{"id":2352,"date":"2026-05-02T13:20:48","date_gmt":"2026-05-02T10:20:48","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2352"},"modified":"2026-05-02T13:21:13","modified_gmt":"2026-05-02T10:21:13","slug":"gmtas-2026-03-bilano-analizi-gimat-maazaclk","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2352","title":{"rendered":"\ud83d\udd34 GMTAS 2026-03 Bilan\u00e7o Analizi | Gimat Ma\u011fazac\u0131l\u0131k"},"content":{"rendered":"<h1>Bilgi Notu: Gimat Ma\u011fazac\u0131l\u0131k Sanayi ve Ticaret A.\u015e. 2026 Y\u0131l\u0131 \u0130lk \u00c7eyrek Faaliyetleri ve Finansal Analizi<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Gimat Ma\u011fazac\u0131l\u0131k Sanayi ve Ticaret A.\u015e.&#8217;nin (Gimat Gross) 01.01.2026 \u2013 31.03.2026 ara hesap d\u00f6nemine ait faaliyet raporunun kapsaml\u0131 bir sentezini sunmaktad\u0131r. \u0130lgili d\u00f6nemde \u015firket, enflasyon d\u00fczeltmeleri dahil olmak \u00fczere has\u0131lat\u0131n\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %35 art\u0131rarak 1,63 milyar TL seviyesine \u00e7\u0131karm\u0131\u015ft\u0131r. M\u00fc\u015fteri say\u0131s\u0131nda kaydedilen %45\u2019lik art\u0131\u015f, pazar pay\u0131ndaki g\u00fc\u00e7lenmeyi teyit etmektedir. \u015eirketin en kritik stratejik yat\u0131r\u0131m\u0131 olan &#8220;Gimat Arena&#8221; (II. Etap Projesi) in\u015faat takvimine uygun \u015fekilde ilerlemekte olup, projenin tamamlanmas\u0131yla birlikte \u00f6nemli kira gelirleri hedeflenmektedir. Finansal yap\u0131, %21,15\u2019lik d\u00fc\u015f\u00fck kald\u0131ra\u00e7 oran\u0131 ve g\u00fc\u00e7l\u00fc \u00f6zkaynak yap\u0131s\u0131yla ( %78,85) istikrar\u0131n\u0131 korumaktad\u0131r.<\/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 Stratejik Yakla\u015f\u0131m<\/h2>\n<h3>1.1. \u015eirket Yap\u0131s\u0131 ve Faaliyet Alan\u0131<\/h3>\n<p>12.03.2015 tarihinde kurulan Gimat Ma\u011fazac\u0131l\u0131k, perakende ve toptan g\u0131da ticareti sekt\u00f6r\u00fcnde faaliyet g\u00f6stermektedir. \u015eirket, 12.11.2021 tarihinden itibaren Borsa \u0130stanbul Y\u0131ld\u0131z Pazar\u2019da &#8220;GMTAS&#8221; koduyla i\u015flem g\u00f6rmektedir. \u015eirketin sermayesi 300.000.000 TL olup, hisselerinin %88,76\u2019s\u0131 fiili dola\u015f\u0131mdad\u0131r.<\/p>\n<h3>1.2. Vizyon ve Gelecek Hedefleri<\/h3>\n<ul>\n<li><b>Vizyon:<\/b> \u00dcst\u00fcn kaliteyi en uygun fiyatlarla sunarak g\u00fcvenilir ve de\u011fer yaratan al\u0131\u015fveri\u015fin adresi olmak.<\/li>\n<li><b>Stratejik Hedef:<\/b> Ma\u011faza verimlili\u011fine odakl\u0131 dengeli b\u00fcy\u00fcme. Ankara operasyonlar\u0131n\u0131 b\u00fcy\u00fcterek ulusal bir marka konumuna gelmek ve ard\u0131ndan b\u00fcy\u00fck \u015fehirlerde \u015fubele\u015fmek.<\/li>\n<li><b>Mevcut Durum:<\/b> \u015eubele\u015fme yolunda ilk ad\u0131mlar at\u0131lm\u0131\u015f, ikinci ma\u011faza hizmete a\u00e7\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>2. Operasyonel Geli\u015fmeler ve Yat\u0131r\u0131mlar<\/h2>\n<h3>2.1. G\u0130MAT Arena Projesi (II. Etap)<\/h3>\n<p>\u015eirketin en \u00f6nemli fiziksel yat\u0131r\u0131m\u0131 olan Gimat Arena projesinde \u00f6nemli a\u015famalar kaydedilmi\u015ftir:<\/p>\n<ul>\n<li><b>Fiziksel \u00d6zellikler:<\/b> Yakla\u015f\u0131k 50.000 m\u00b2 alan \u00fczerine kurulu, 5 katl\u0131 ve 22,5 metre y\u00fcksekli\u011finde bir kompleks.<\/li>\n<li><b>\u0130\u00e7erik:<\/b> 66 d\u00fckk\u00e2n, 128 ofis, geni\u015f etkinlik alanlar\u0131 ve sosyal ya\u015fam\u0131 canland\u0131racak &#8220;Hayat Soka\u011f\u0131&#8221;.<\/li>\n<li><b>Lojistik:<\/b> 800-900 ara\u00e7 kapasiteli, ma\u011fazaya do\u011frudan ba\u011flant\u0131l\u0131 kapal\u0131 otopark.<\/li>\n<li><b>\u0130n\u015faat Durumu:<\/b> B1 ve B2 bloklarda betonarme imalatlar, duvar ve altyap\u0131 i\u015fleri b\u00fcy\u00fck \u00f6l\u00e7\u00fcde tamamlanm\u0131\u015ft\u0131r. D\u0131\u015f cephe kaplama ve i\u00e7 mek\u00e2n ince i\u015fleri devam etmektedir.<\/li>\n<\/ul>\n<h3>2.2. Ara\u015ft\u0131rma ve Geli\u015ftirme (AR-GE)<\/h3>\n<p>\u015eirket, hayata ge\u00e7irilmeye de\u011fer yeni yat\u0131r\u0131m projeleri \u00fczerindeki ara\u015ft\u0131rmalar\u0131n\u0131 s\u00fcrd\u00fcrmektedir.<\/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>3. Finansal Performans Analizi (01.01.2026 &#8211; 31.03.2026)<\/h2>\n<p>\u015eirketin finansal verileri, TMS 29 &#8220;Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama&#8221; standartlar\u0131na g\u00f6re d\u00fczenlenmi\u015ftir.<\/p>\n<h3>3.1. Temel Gelir G\u00f6stergeleri<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kalem<\/td>\n<td>31.03.2026 (TL)<\/td>\n<td>31.03.2025 (TL)<\/td>\n<td>De\u011fi\u015fim (%)<\/td>\n<\/tr>\n<tr>\n<td><b>Has\u0131lat<\/b><\/td>\n<td>1.629.590.110<\/td>\n<td>1.215.520.082<\/td>\n<td>+~35%<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct K\u00e2r<\/b><\/td>\n<td>332.786.583<\/td>\n<td>262.143.587<\/td>\n<td>+~27%<\/td>\n<\/tr>\n<tr>\n<td><b>FAV\u00d6K (EBITDA)<\/b><\/td>\n<td>160.445.990<\/td>\n<td>131.192.489<\/td>\n<td>+~22%<\/td>\n<\/tr>\n<tr>\n<td><b>Br\u00fct K\u00e2r Marj\u0131<\/b><\/td>\n<td>%20,42<\/td>\n<td>%21,57<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>3.2. Finansal Rasyolar ve Likidite Durumu<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Rasyo Grubu<\/td>\n<td>G\u00f6sterge<\/td>\n<td>31.03.2026<\/td>\n<td>31.12.2025<\/td>\n<\/tr>\n<tr>\n<td><b>Likidite<\/b><\/td>\n<td>Cari Oran<\/td>\n<td>1,98<\/td>\n<td>2,00<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>Asit-Test Oran\u0131<\/td>\n<td>0,47<\/td>\n<td>0,57<\/td>\n<\/tr>\n<tr>\n<td><b>Kald\u0131ra\u00e7<\/b><\/td>\n<td>Finansal Kald\u0131ra\u00e7 Oran\u0131<\/td>\n<td>%21,15<\/td>\n<td>%19,10<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>\u00d6z Kaynak \/ Aktif Toplam<\/td>\n<td>%78,85<\/td>\n<td>%80,90<\/td>\n<\/tr>\n<tr>\n<td><b>Karl\u0131l\u0131k<\/b><\/td>\n<td>Net K\u00e2r Marj\u0131<\/td>\n<td>%7,21<\/td>\n<td>%5,78 (03.25)<\/td>\n<\/tr>\n<tr>\n<td>&nbsp;<\/td>\n<td>\u00d6zsermaye Karl\u0131l\u0131\u011f\u0131 (ROE)<\/td>\n<td>%2,70<\/td>\n<td>%1,66 (03.25)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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. Kurumsal Y\u00f6netim ve Komiteler<\/h2>\n<p>\u015eirket, &#8220;E\u015fitlik, \u015eeffafl\u0131k, Sorumluluk ve Hesap Verebilirlik&#8221; ilkelerini benimsemi\u015f olup yedi ki\u015filik bir Y\u00f6netim Kurulu taraf\u0131ndan y\u00f6netilmektedir.<\/p>\n<h3>4.1. Y\u00f6netim Kurulu Yap\u0131s\u0131<\/h3>\n<p>Y\u00f6netim Kurulu, 02.05.2025 tarihinde se\u00e7ilmi\u015f olup 3 y\u0131l s\u00fcreyle g\u00f6rev yapacakt\u0131r. Kurulda d\u00f6rt icrac\u0131 \u00fcye ve \u00fc\u00e7 ba\u011f\u0131ms\u0131z \u00fcye (Dr. \u0130smail Bar\u0131n\u0131r, Caner Atik, Emre Burak Onat) bulunmaktad\u0131r.<\/p>\n<h3>4.2. Faal Komiteler<\/h3>\n<p>Y\u00f6netim Kurulu b\u00fcnyesinde be\u015f ana komite olu\u015fturulmu\u015ftur:<\/p>\n<ol>\n<li><b>Denetimden Sorumlu Komite:<\/b> Muhasebe sistemi ve finansal bilgilerin g\u00f6zetimi.<\/li>\n<li><b>Riskin Erken Saptanmas\u0131 Komite:<\/b> \u015eirketin varl\u0131\u011f\u0131n\u0131 tehlikeye atabilecek risklerin te\u015fhisi.<\/li>\n<li><b>Kurumsal Y\u00f6netim Komitesi:<\/b> Kurumsal y\u00f6netim uygulamalar\u0131n\u0131n iyile\u015ftirilmesi ve Yat\u0131r\u0131mc\u0131 \u0130li\u015fkileri takibi.<\/li>\n<li><b>\u00dccret Komitesi:<\/b> \u00dcst d\u00fczey y\u00f6netici ve y\u00f6netim kurulu \u00fccretlendirme esaslar\u0131n\u0131n belirlenmesi.<\/li>\n<li><b>S\u00fcrd\u00fcr\u00fclebilirlik Komitesi:<\/b> At\u0131k ve enerji y\u00f6netimi, tedarik zinciri ve yerel tedarik\u00e7ilerin desteklenmesi koordinasyonu.<\/li>\n<\/ol>\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. Risk Y\u00f6netimi ve \u0130\u00e7 Kontrol<\/h2>\n<ul>\n<li><b>Risk Politikas\u0131:<\/b> Yat\u0131r\u0131mlar\u0131n\u0131 \u00f6zkaynaklar\u0131yla yapmas\u0131 ve d\u00f6viz cinsi i\u015flemlerden ka\u00e7\u0131nmas\u0131 sayesinde \u015firketin \u00f6ng\u00f6r\u00fclm\u00fc\u015f kritik bir riski bulunmamaktad\u0131r.<\/li>\n<li><b>\u0130\u00e7 Kontrol:<\/b> \u0130\u00e7 kontrol sistemi Y\u00f6netim Kurulunun kontrol\u00fcnde y\u00fcr\u00fct\u00fclmektedir. Ayr\u0131ca d\u0131\u015f denetim Moore Turkey ve Karar Ba\u011f\u0131ms\u0131z Denetim taraf\u0131ndan ger\u00e7ekle\u015ftirilmektedir.<\/li>\n<li><b>Hukuki Durum:<\/b> \u015eirket aleyhine a\u00e7\u0131lan, mali durumu etkileyebilecek nitelikte herhangi bir dava bulunmamaktad\u0131r.<\/li>\n<li><b>Sermaye Durumu:<\/b> \u015eirket sermayesi kar\u015f\u0131l\u0131ks\u0131z kalmam\u0131\u015f ve borca bat\u0131kl\u0131k durumu olu\u015fmam\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>6. \u0130nsan Kaynaklar\u0131 ve Sosyal Sorumluluk<\/h2>\n<h3>6.1. Personel Bilgileri<\/h3>\n<p>31.03.2026 itibar\u0131yla toplam \u00e7al\u0131\u015fan say\u0131s\u0131 <b>574<\/b>&#8216;t\u00fcr. \u015eirket; ayr\u0131mc\u0131l\u0131k ve k\u00f6t\u00fc muameleyi \u00f6nleme, i\u015f sa\u011fl\u0131\u011f\u0131 ve g\u00fcvenli\u011fi ile f\u0131rsat e\u015fitli\u011fini esas alan bir \u0130nsan Kaynaklar\u0131 politikas\u0131 y\u00fcr\u00fctmektedir.<\/p>\n<h3>6.2. Etik \u0130lkeler ve Politikalar<\/h3>\n<p>\u015eirket; d\u00fcr\u00fcstl\u00fck, yasal sorumluluklar, m\u00fc\u015fteriye kar\u015f\u0131 sorumluluk ve i\u00e7erden bilgi ticaretinin \u00f6nlenmesi gibi temel etik ilkeleri yaz\u0131l\u0131 hale getirmi\u015ftir. Ba\u011f\u0131\u015f ve yard\u0131m politikas\u0131 \u00e7er\u00e7evesinde 2025 y\u0131l\u0131 i\u00e7in ba\u011f\u0131\u015f \u00fcst s\u0131n\u0131r\u0131, vergi \u00f6ncesi k\u00e2r\u0131n %1\u2019i olarak belirlenmi\u015ftir.<\/p>\n<h3>6.3. S\u00fcrd\u00fcr\u00fclebilirlik Stratejisi<\/h3>\n<p>Yeni kurulan S\u00fcrd\u00fcr\u00fclebilirlik Komitesi arac\u0131l\u0131\u011f\u0131yla; enerji ve su tasarrufu, g\u0131da israf\u0131n\u0131n \u00f6nlenmesi ve geri d\u00f6n\u00fc\u015ft\u00fcr\u00fclebilir malzeme kullan\u0131m\u0131n\u0131n art\u0131r\u0131lmas\u0131 gibi stratejik hedefler takip edilmektedir.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"2352\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Gimat Ma\u011fazac\u0131l\u0131k (GMTAS), 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde hem finansal hem de operasyonel a\u00e7\u0131dan dikkat \u00e7ekici bir b\u00fcy\u00fcme sergiledi. Has\u0131lat\u0131n\u0131 ge\u00e7en y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %35 art\u0131ran \u015firket, m\u00fc\u015fteri say\u0131s\u0131ndaki %45\u2019lik rekor y\u00fckseli\u015fle perakende sekt\u00f6r\u00fcndeki g\u00fcc\u00fcn\u00fc peki\u015ftirdi. &#8220;Gimat Arena&#8221; gibi dev projeler ve yeni a\u00e7\u0131lan ma\u011fazalarla gelece\u011fe yat\u0131r\u0131m yapmaya devam eden Gimat Gross&#8217;un, 2026 y\u0131l\u0131 hedeflerine ve g\u00fcncel finansal analizlerine dair t\u00fcm detaylar bu yaz\u0131m\u0131zda.<\/p>\n","protected":false},"author":5,"featured_media":1725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[333],"class_list":["post-2352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-gmtas"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2352","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2352"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2352\/revisions"}],"predecessor-version":[{"id":2353,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2352\/revisions\/2353"}],"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=2352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}