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 ₹ 81.8 Cr.
- Current Price ₹ 50.7
- High / Low ₹ 93.5 / 45.6
- Stock P/E 6.17
- Book Value ₹ 55.0
- Dividend Yield 0.00 %
- ROCE 11.3 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.87 times its book value
- Company has been maintaining a healthy dividend payout of 32.2%
Cons
- The company has delivered a poor sales growth of 10.7% over past five years.
- Tax rate seems low
- Company has a low return on equity of 6.90% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 263 | 275 | 246 | 200 | 214 | 256 | 400 | 315 | 583 | 590 | 488 | 665 | 623 | |
| 249 | 265 | 257 | 191 | 203 | 243 | 392 | 312 | 567 | 576 | 481 | 652 | 604 | |
| Operating Profit | 14 | 10 | -12 | 9 | 11 | 13 | 7 | 3 | 16 | 15 | 7 | 13 | 19 |
| OPM % | 5% | 4% | -5% | 5% | 5% | 5% | 2% | 1% | 3% | 2% | 1% | 2% | 3% |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 4 | |
| Interest | 3 | 3 | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 4 |
| Depreciation | 2 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 4 | 4 |
| Profit before tax | 9 | 4 | -16 | 5 | 8 | 11 | 4 | -0 | 14 | 10 | 3 | 10 | 15 |
| Tax % | 34% | 42% | -0% | -6% | 5% | 32% | 44% | 1,580% | 32% | 47% | 60% | 9% | |
| 6 | 2 | -16 | 6 | 8 | 7 | 2 | -1 | 9 | 5 | 1 | 9 | 13 | |
| EPS in Rs | 188.60 | 19.97 | -30.98 | 11.18 | 5.52 | 5.02 | 1.46 | -0.60 | 6.46 | 3.25 | 0.78 | 5.54 | 8.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 23% | 65% | 9% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 11% |
| 3 Years: | 4% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 33% |
| 3 Years: | -2% |
| TTM: | 427% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | -27% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 7% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 16 | 17 | 2 | 7 | 24 | 31 | 33 | 32 | 40 | 59 | 60 | 67 | 73 |
| 15 | 16 | 13 | 21 | 14 | 18 | 22 | 23 | 27 | 17 | 34 | 39 | 38 | |
| 27 | 36 | 38 | 19 | 18 | 19 | 64 | 35 | 51 | 31 | 47 | 51 | 56 | |
| Total Liabilities | 57 | 73 | 58 | 52 | 70 | 82 | 133 | 104 | 132 | 122 | 157 | 173 | 183 |
| 15 | 13 | 11 | 8 | 9 | 9 | 8 | 8 | 10 | 12 | 19 | 18 | 19 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 6 | 8 | 9 |
| 42 | 61 | 47 | 44 | 61 | 73 | 125 | 96 | 122 | 107 | 128 | 143 | 151 | |
| Total Assets | 57 | 73 | 58 | 52 | 70 | 82 | 133 | 104 | 132 | 122 | 157 | 173 | 183 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 7 | 5 | -11 | -10 | 1 | -3 | 5 | 4 | 20 | -2 | -2 | |
| -1 | 1 | 2 | 0 | -1 | -2 | -1 | -1 | -2 | -21 | -18 | 3 | |
| -4 | -2 | -5 | 1 | 12 | -4 | -4 | 2 | -2 | 6 | 13 | -2 | |
| Net Cash Flow | 1 | 6 | 2 | -9 | 0 | -4 | -7 | 6 | -0 | 5 | -7 | -0 |
| Free Cash Flow | 4 | 7 | 6 | -11 | -11 | -1 | -3 | 4 | 1 | 15 | -15 | -3 |
| CFO/OP | 59% | 91% | -48% | -121% | -119% | 34% | 35% | 234% | 40% | 172% | 45% | 24% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 45 | 57 | 41 | 59 | 82 | 90 | 103 | 91 | 64 | 43 | 64 | 55 |
| Inventory Days | 0 | 0 | 0 | |||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 45 | 57 | 41 | 59 | 82 | 90 | 103 | 91 | 64 | 43 | 64 | 55 |
| Working Capital Days | 23 | 24 | 1 | 10 | 50 | 48 | 35 | 43 | 24 | 22 | 16 | 16 |
| ROCE % | 36% | 20% | -39% | 31% | 24% | 21% | 9% | 3% | 21% | 15% | 7% | 11% |
Insights
In beta| Apr 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Air Freight Volume - Total Tons |
|
|||||||
| FCL Freight Forwarding Volume - Total TEUs |
||||||||
| LCL Consolidation Volume - Total CBMs |
||||||||
| Last Mile Delivery - Annual Shipments Million |
||||||||
| Last Mile Delivery - Pincodes Served Number |
||||||||
| Domestic Branch Offices Number ・Standalone data |
||||||||
| Global Network Countries Access Number |
||||||||
Documents
Announcements
-
Trading Window
25 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited Q4/FY2026 results announcement.
-
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.
-
Updates
20 March 2026 - GST order dated Dec 31, 2025 demands ₹63,85,350 for Apr 2018–Mar 2019; appeal planned.
-
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.
-
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
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025Transcript PPT
-
May 2025TranscriptAI SummaryPPT
-
Feb 2025Transcript PPT REC
-
Nov 2024TranscriptAI SummaryPPT
-
Aug 2024Transcript PPT
-
Jun 2024TranscriptAI SummaryPPT
-
Feb 2024TranscriptAI SummaryPPT
-
Nov 2023TranscriptAI SummaryPPT
-
Aug 2023TranscriptAI SummaryPPT
-
Jun 2023Transcript PPT
-
Feb 2023TranscriptAI SummaryPPT
-
Nov 2022Transcript PPT
-
Aug 2022TranscriptAI SummaryPPT
-
Jun 2022Transcript PPT
-
Feb 2022TranscriptAI SummaryPPT
-
Nov 2021Transcript PPT
-
Aug 2021TranscriptAI SummaryPPT
-
Jul 2021TranscriptAI SummaryPPT
-
Jul 2021TranscriptAI SummaryPPT
-
Feb 2021TranscriptAI SummaryPPT
-
Nov 2020TranscriptAI SummaryPPT
-
Sep 2020TranscriptAI SummaryPPT
-
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