MarketFriction

Total Transport Systems Ltd

NSE TOTAL · Logistics Solution Provider
₹70.24 +1.01%
NSE close2026-10-01
52 week range45.00 - 87.89
Market cap₹115 Cr.
P/E12.8
IPO 2017 · +56% since ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales111.46114.57148.29146.00187.97175.02156.25147.44163.46155.99154.69193.58
Expenses110.37112.67146.83144.62186.78169.71150.78143.09158.65151.47153.43187.13
Operating Profit1.091.901.461.381.195.315.474.354.814.521.266.45
OPM %0.98%1.66%0.98%0.95%0.63%3.03%3.50%2.95%2.94%2.90%0.81%3.33%
Other Income1.041.280.801.211.290.631.121.460.190.851.241.07
Interest0.710.811.820.800.950.941.240.990.990.971.011.07
Depreciation0.870.991.150.890.941.061.120.890.961.011.060.92
Profit before tax0.551.38-0.710.900.593.944.233.933.053.390.435.53
Tax %136.36%42.03%-5.63%74.44%138.98%24.11%-37.59%25.45%22.95%32.45%32.56%25.32%
Net Profit-0.200.80-0.670.24-0.223.005.812.932.362.290.294.13
EPS in Rs-0.140.48-0.390.15-0.041.843.601.801.411.400.222.55
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales246200214256400315583590488665622668
Expenses257191203243392312567576481652607651
Operating Profit-12911137316157131517
OPM %-4.7%4.5%5%5%1.8%0.9%2.8%2.5%1.5%2.0%2.4%2.5%
Other Income100000004443
Interest432222234444
Depreciation211111124444
Profit before tax-1658114-014103101112
Tax %-0%-6%5%32%44%1,580%32%47%60%9%27%
Net Profit-166872-1951989
EPS in Rs-30.9811.185.525.021.46-0.606.463.250.785.544.845.58
Dividend Payout %0%0%0%0%0%0%0%23%65%9%26%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%15%2%0%
Compounded Profit Growth10%62%14%-22%
Stock Price CAGR%6%-20%-1%
Return on Equity10%9%7%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555141414141416161616
Reserves1727243133324059606774
Borrowings161321141822232717343940
Other Liabilities363819181964355131475161
Total Liabilities7358527082133104132122157173191
Fixed Assets1311899881012191822
CWIP000000000554
Investments000000013685
Other Assets614744617312596122107128143160
Total Assets7358527082133104132122157173191
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity75-11-101-35420-2-221
Cash from Investing Activity120-1-2-1-1-2-21-183-15
Cash from Financing Activity-2-5112-4-42-2613-2-3
Net Cash Flow62-90-4-76-05-7-03
Free Cash Flow76-11-11-1-34115-15-317
CFO/OP91%-48%-121%-119%34%35%234%40%172%45%24%176%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5741598290103916443645559
Inventory Days00
Days Payable
Cash Conversion Cycle5741598290103916443645559
Working Capital Days24110504835432422161610
ROCE %20%-39%31%24%21%9%3%21%15%7%11%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters48.18%48.18%48.19%48.20%48.20%48.22%48.22%48.22%48.23%48.23%49.74%49.74%
Public51.82%51.82%51.81%51.80%51.80%51.78%51.78%51.78%51.77%51.77%50.26%50.26%
No. of Shareholders6,7046,6616,9126,6486,4836,7027,1106,9216,8256,6106,5386,447

Fundamentals

Market Cap₹ 115 Cr.
Current Price₹ 71.4
Stock P/E12.8
Book Value₹ 56.1
ROCE11.7 %
ROE8.97 %
Dividend Yield1.76 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)-22%
Consolidated figures.
Valuation
Market capRs 113 Cr
Enterprise valueRs 121 Cr
P/E (TTM)12.59x
Price to book1.25x
Price to sales0.17x
EV / EBITDA5.95x
EV / EBIT7.37x
EV / sales0.18x
Price to cash flow5.39x
Earnings yield7.95%
Dividend yield1.78%
P/E, 3-year average66.78x
P/B, 3-year average1.66x
P/E, 5-year average45.67x
P/B, 5-year average1.96x
Profitability
Operating margin (excl. other income)2.40%
Operating margin (incl. other income)3.01%
EBITDA margin3.05%
Pre-tax margin1.86%
Net profit margin1.35%
Net margin, latest quarter2.13%
ROE8.97%
ROCE11.69%
ROA4.28%
ROE, 3-year average7.27%
ROCE, 3-year average10.18%
ROA, 3-year average3.53%
ROE, 5-year average9.66%
ROCE, 5-year average13.20%
ROA, 5-year average4.50%
ROIC (approx.)12.16%
Tax rate27.20%
Other income / net worth4.13%
Growth
Sales growth (latest year)-6.56%
Profit growth (latest year)-12.65%
Sales CAGR, 3 years1.74%
Sales CAGR, 5 years14.57%
Profit CAGR, 3 years14.18%
Sales growth QoQ25.14%
Profit growth QoQ1077.14%
Sales growth YoY (latest quarter)31.29%
Profit growth YoY (latest quarter)41.58%
Per share
EPS (TTM)Rs 5.58
EPS (latest quarter)Rs 2.55
EPS, 3-year averageRs 3.16
EPS, 5-year averageRs 4.01
Book value per shareRs 56.11
Sales per shareRs 414.05
Cash flow per shareRs 13.03
Free cash flow per shareRs 10.54
Dividend per share, 3-year averageRs 0.50
Dividend per share, 5-year averageRs 0.58
Dividends
Dividend payout25.90%
Dividend payout, 3-year average33.26%
Dividend payout, 5-year average30.71%
Efficiency
Asset turnover3.25x
Fixed asset turnover28.16x
Debtor days59 days
Debtors turnover6.23x
Cash conversion cycle59 days
Working capital days10 days
Leverage
Total debtRs 40 Cr
Cash and bankRs 32 Cr
Net debtRs 8 Cr
Debt to equity0.44x
Net debt / EBITDA0.39x
Interest coverage4.07x
Owners' fund to total sources47.30%
Debt to assets20.85%
Cash flow
Cash from Operating Activity (latest year)Rs 21 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs 17 Cr
FCFE (approx.: FCF + change in debt)Rs 18 Cr
Cash from ops / profit, 5 years1.28x
Sales to cash flow29.57x
Statement figures
Net sales (TTM)Rs 668 Cr
Net sales (latest year)Rs 622 Cr
Sales (latest quarter)Rs 194 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 20 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 12 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 8 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 607 Cr
Total income (latest year)Rs 625 Cr
Share capitalRs 16 Cr
ReservesRs 74 Cr
Shareholders' fundsRs 90 Cr
Total assetsRs 191 Cr
Net blockRs 22 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 5 Cr
ReceivablesRs 100 Cr
Other liabilitiesRs 61 Cr
Shares outstanding (crore)1.61
Ownership
Promoter holding49.74% (+1.52 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 12.6 is at the 40th percentile of its own 8.2-year range (median 14.8, low 4.3, high 154.0).
P/B 1.25 is at the 22th percentile (median 1.74).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodTOTALNifty 50Difference
1 week-2.3%-2.8% +0.4 pts
1 month+5.3%-6.8% +12.1 pts
3 months+32.0%-7.6% +39.6 pts
6 months+47.2%+0.4% +46.8 pts
1 year-4.9%-9.9% +5.0 pts
2 years-22.4%-13.6% -8.8 pts
3 years-49.4%+14.2% -63.6 pts
5 years+36.4%+27.9% +8.5 pts

Red flags

F-score 6 of 8
lookAuditor change Auditor change 2026-08-06: Total Transport Systems Limited has informed the Exchange regarding Change in Auditors of the company.
lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹194 Cr +31.3% vs Jun 2025. Net profit ₹4 Cr +41.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-31Dividend - Rs 1.25 Per Share
2023-02-22Interim Dividend - Re 0.75 Per Share
2022-09-02Annual General Meeting
2021-11-23 Interim Dividend - Rs 0.75 Per Share
2021-09-22 Annual General Meeting
2020-11-27 Annual General Meeting
DateTypeWhat it says
2026-09-07Shareholder meetingVoting results.
2026-09-07Shareholder meetingProceedings of Annual General Meeting held on September 07, 2026
2026-08-25UpdatesLetter send to members.
2026-08-14Shareholder meetingNotice of Annual General Meeting to be held on September 07, 2026
2026-08-07Press ReleaseA press release dated August 07, 2026, titled "Total Transport Systems Limited Reports Q1 FY27 Revenue of ₹193.6 Cr, up 31.3% YoY;PAT at ₹...
2026-08-07Investor PresentationInvestor Presentation
2026-08-06Resignation of Statutory AudResignation of Statutory Auditor
2026-08-06UpdatesComments of the Board of Directors on the email dated June 30, 2026, received from NSE Limited (NSE ) regarding non-submission in prescribed format of...
2026-08-06Change in ManagementChange in Management with respect to resignation and appointment of statutory auditor the Oneworld Logistics Private Limited a Material Wholly Owned S...
2026-08-06Change in ManagementChange in Management
2026-08-06AppointmentAppointment of Mr. Kaushal Buch as Chief Executive Officer of the company w.e.f. August 06, 2026.
2026-08-06CessationCessation of V R Sabnis and Associates (Chartered Accountants) as Statutory Auditor of the Oneworld Logistics Private Limited a Material Wholly Owned...
2026-08-06Change in AuditorsChange in Auditors of the company.
2026-08-06AppointmentAppointment of VRSKD & Co. Chartered Accountants, as Statutory Auditor based on the recommendation of the Board and subject to approval of the Shareh...
2026-08-06Record DateRecord date for the purpose of Dividend is 31-Aug-2026.
2026-08-06DividendBoard of Directors at its meeting held on August 06, 2026, recommended Final Dividend of Rs. 1.25 per equity share.
2026-08-06Board meeting outcomeTotal Transport Systems Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-03Reply to Clarification- FinaThe Exchange had sought clarification from Total Transport Systems Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI...
2026-06-17Clarification - Financial ReThe Exchange has sought clarification from Total Transport Systems Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI...
2026-05-30UpdatesMaterial Update with respect to Disinvestment of up to 81% shareholding in OneWorld Logistics Private Limited, a Material Subsidiary of the Company.
2026-05-26Disclosure under SEBI TakeovShrikant Damodar Nibandhe has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub...
2026-05-22Press ReleaseA press release dated May 22, 2026, titled "Total Transport Systems Reports FY26 Revenue of ₹622 Cr and PAT of ₹8 Cr; EBITDA Grows 11.9% Y...
2026-05-22Investor PresentationInvestor Presentation
2026-05-21Sale or disposalSale or disposal
2026-05-21Diversification/DisinvestmenDiversification/Disinvestment
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1Less than 100 unique PAN traded in previous 30 days
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03