Eczacibasi Ilac stock enters merger process after first-half loss

Eczacibasi Ilac stock traded at TRY 64.10 on October 6, 2026, down 1.16 percent in Istanbul. First-half sales reached TRY 5.2 billion, while net loss was TRY 1.9 billion.

Eczacibasi Ilac (ISIN TRAECILC91F7) was trading at TRY 64.10 on Borsa Istanbul on October 6, 2026, down 1.16 percent from the previous close. The company is also advancing a simplified merger with its wholly owned real estate subsidiary, while its first-half figures show a difficult earnings picture.

Merger process moves forward

According to Hisse.net on September 24, 2026, Eczacibasi Ilac applied to the Capital Markets Board for approval to absorb Eczacibasi Gayrimenkul Gelistirme ve Yatirim, a subsidiary it owns completely. The transaction is designed as a simplified merger, with the subsidiary's assets and liabilities transferred at their registered values.

The transaction is an internal restructuring rather than an acquisition of an outside business. The two companies' financial statements dated June 30, 2026, form the basis for the merger, according to Hisse.net.

Loss remains the key earnings issue

For the first six months of 2026, Eczacibasi Ilac reported TRY 5.2 billion in net sales and a net loss of TRY 1.9 billion, while EBITDA was negative TRY 199.8 million, according to FVT.

The quarterly comparison adds detail. According to Investing.com, revenue in the latest quarter was TRY 2,238.777 million, down from TRY 2,940.203 million in the previous quarter. Net loss narrowed from TRY 1,094.345 million to TRY 760.505 million, creating a mixed operating signal for investors.

Stock stays below yearly high

The TRY 64.10 price stood between the October 6 session range of TRY 63.90 to TRY 65.25 and the 52-week range of TRY 54.80 to TRY 132.60. The market capitalization was TRY 43.9 billion, with volume at 1,196,286 shares, giving the merger process a market value context.

TRY 64.10 remains the reference price

Eczacibasi Ilac was last trading at TRY 64.10 on Borsa Istanbul at 3:20 p.m. Istanbul time on October 6, 2026. The next market question is whether corporate simplification can improve the earnings profile shown by the first-half loss.

Eczacibasi Ilac stock facts

• Company: EIS Eczacibasi Ilac, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S.
• ISIN: TRAECILC91F7
• Ticker: ECILC
• Trading venue: Borsa Istanbul
• Price (as of October 6, 2026, 3:20 p.m. Istanbul time): TRY 64.10
• Market capitalization: TRY 43.9 billion (as of October 6, 2026)
• 52-week range: TRY 54.80-132.60 (as of October 6, 2026)
• Sector / Industry: Healthcare and pharmaceuticals

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