Total Transport Systems Ltd
Incorporated in 1994, Total Transport
Ltd is in the business of consolidation /deconsolidation of cargo, freight forwarding, logistics, warehousing and transportation[1]
- Market Cap ₹ 81.4 Cr.
- Current Price ₹ 50.5
- High / Low ₹ 93.5 / 45.6
- Stock P/E 7.89
- Book Value ₹ 70.6
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.71 times its book value
Cons
- The company has delivered a poor sales growth of 11.5% over past five years.
- Company has a low return on equity of 11.1% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 246 | 258 | 228 | 200 | 208 | 248 | 323 | 265 | 530 | 522 | 395 | 556 | 508 | |
| 235 | 249 | 239 | 191 | 197 | 234 | 314 | 259 | 512 | 501 | 384 | 539 | 491 | |
| Operating Profit | 11 | 9 | -12 | 9 | 11 | 14 | 9 | 6 | 18 | 21 | 11 | 18 | 17 |
| OPM % | 5% | 3% | -5% | 5% | 5% | 6% | 3% | 2% | 3% | 4% | 3% | 3% | 3% |
| 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 4 | 3 | |
| Interest | 3 | 3 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 3 | 3 |
| Depreciation | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 |
| Profit before tax | 8 | 4 | -16 | 5 | 8 | 11 | 5 | 3 | 16 | 18 | 8 | 15 | 14 |
| Tax % | 38% | 34% | -1% | -6% | 5% | 29% | 29% | 28% | 29% | 26% | 24% | 25% | |
| 5 | 3 | -16 | 6 | 8 | 8 | 4 | 2 | 11 | 13 | 6 | 11 | 10 | |
| EPS in Rs | 94.40 | 9.30 | -31.62 | 11.18 | 5.61 | 5.65 | 2.70 | 1.41 | 7.84 | 8.19 | 3.91 | 7.00 | 6.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 9% | 13% | 14% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | 2% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 24% |
| 3 Years: | 0% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | -27% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 11% |
| 3 Years: | 11% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 5 | 5 | 5 | 14 | 14 | 14 | 14 | 14 | 16 | 16 | 16 | 16 |
| Reserves | 19 | 17 | 2 | 7 | 24 | 32 | 35 | 37 | 47 | 77 | 83 | 93 | 98 |
| 16 | 15 | 13 | 21 | 15 | 19 | 22 | 23 | 26 | 14 | 28 | 31 | 31 | |
| 22 | 33 | 36 | 19 | 16 | 17 | 47 | 26 | 45 | 20 | 34 | 34 | 41 | |
| Total Liabilities | 58 | 71 | 56 | 52 | 69 | 83 | 119 | 101 | 133 | 127 | 161 | 174 | 186 |
| 12 | 10 | 9 | 8 | 9 | 9 | 8 | 7 | 9 | 11 | 17 | 16 | 17 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 8 | 19 | 36 | 38 |
| 46 | 60 | 47 | 44 | 60 | 73 | 110 | 93 | 121 | 108 | 121 | 117 | 128 | |
| Total Assets | 58 | 71 | 56 | 52 | 69 | 83 | 119 | 101 | 133 | 127 | 161 | 174 | 186 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8 | 10 | 5 | -11 | -8 | 2 | 1 | 5 | 11 | 26 | 6 | 5 | |
| -1 | 0 | 1 | 0 | -1 | -2 | -4 | -2 | -7 | -24 | -14 | -2 | |
| -6 | -4 | -5 | 1 | 10 | -5 | -4 | 2 | -3 | 2 | 2 | -3 | |
| Net Cash Flow | 1 | 6 | 2 | -9 | 1 | -4 | -8 | 4 | 1 | 4 | -6 | -1 |
| Free Cash Flow | 7 | 9 | 5 | -11 | -10 | 0 | 1 | 4 | 8 | 22 | -7 | 4 |
| CFO/OP | 93% | 131% | -46% | -121% | -103% | 38% | 54% | 127% | 70% | 148% | 112% | 55% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 61 | 45 | 59 | 85 | 93 | 109 | 102 | 66 | 42 | 68 | 54 |
| Inventory Days | 0 | 0 | 0 | |||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 53 | 61 | 45 | 59 | 85 | 93 | 109 | 102 | 66 | 42 | 68 | 54 |
| Working Capital Days | 30 | 27 | -15 | 10 | 53 | 50 | 42 | 55 | 25 | 25 | 20 | 19 |
| ROCE % | 30% | 20% | -41% | 31% | 24% | 22% | 11% | 7% | 22% | 21% | 10% | 14% |
Insights
In beta| Apr 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Air Freight Volume - Total Tons |
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| FCL Freight Forwarding Volume - Total TEUs |
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| LCL Consolidation Volume - Total CBMs |
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| Last Mile Delivery - Annual Shipments Million |
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| Last Mile Delivery - Pincodes Served Number |
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| Domestic Branch Offices Number |
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| Global Network Countries Access Number |
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Documents
Announcements
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Trading Window
25 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited Q4/FY2026 results announcement.
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Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
20 March 2026 - Order dated Dec 31, 2025 demands ₹63,85,350 (tax ₹31,92,675+penalty ₹31,92,675) for Apr 2018–Mar 2019; appeal planned.
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Updates
20 March 2026 - GST order dated Dec 31, 2025 demands ₹63,85,350 for Apr 2018–Mar 2019; appeal planned.
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Copy of Newspaper Publication
7 February 2026 - Newspaper ad of unaudited standalone and consolidated results for quarter ended Dec 31, 2025; Board approved Feb 5, published Feb 7.
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Press Release
6 February 2026 - 9M FY26: Revenue ₹467 Cr; EBITDA ₹13.7 Cr (+73.6% YoY); PAT ₹7.6 Cr (2.5x).
Annual reports
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025Transcript PPT REC
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Nov 2024TranscriptAI SummaryPPT
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Jun 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Jun 2023Transcript PPT
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Nov 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021Transcript PPT
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Aug 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Sep 2020TranscriptAI SummaryPPT
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Sep 2020TranscriptAI SummaryPPT
Business Overview:[1]
TTL is a non-vessel operating common carrier engaged in the freight forwarding business. Its main business activities are consolidation of export cargo, de-consolidation of import cargo, full container loads, and air freight from India to destinations around the world. Company has a pan India presence with offices near all major ports, and 2 offices in Nepal and Bhutan