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Total Transport Systems reports 31.3% rise in Q1 FY27 revenue

#Warehousing & Logistics#Commercial#India#Maharashtra#Mumbai City
Synopsis

Total Transport Systems Limited reported a strong financial performance for the first quarter of FY27, with consolidated revenue from operations rising 31.3% year-on-year to INR 193.6 crore. EBITDA increased 48.3% to INR 6.5 crore, while profit after tax rose 40.5% to INR 4.1 crore. Margins also improved during the quarter, supported by higher business activity across logistics services and tighter cost management. The company said its diversified service portfolio, customer relationships and asset-light business model continue to support its operations. It also remains focused on technology, productivity and service capability improvements.

Total Transport Systems Limited (NSE: TOTAL), an international logistics company, reported a 31.3% year-on-year increase in consolidated revenue from operations to INR 193.6 crore for Q1 FY27. 
The company said the quarter saw higher business activity across its logistics services, along with better cost management and improved operational efficiency. These factors helped increase profitability and expand margins during the quarter. EBITDA increased 48.3% year-on-year to INR 6.5 crore, compared with INR 4.4 crore in the corresponding quarter of the previous financial year. The EBITDA margin improved to 3.3% from 3.0%. 
EBIT stood at INR 6.6 crore, up 34% from INR 4.9 crore a year earlier. The EBIT margin increased to 3.4% from 3.3%. Profit after tax rose 40.5% year-on-year to INR 4.1 crore from INR 2.9 crore, while the PAT margin improved to 2.1% from 2.0%. Earnings per share increased to INR 2.55 from INR 1.81 in Q1 FY26. 
The company also reported a sequential improvement in its financial performance. Revenue increased 25.1% from INR 154.7 crore in Q4 FY26. EBITDA rose more than five times from INR 1.3 crore in the previous quarter, while EBIT increased 4.6 times from INR 1.4 crore. PAT stood at INR 4.1 crore compared with INR 0.3 crore in Q4 FY26. 
The EBITDA margin expanded by 252 basis points sequentially to 3.3%, while the EBIT margin improved by 248 basis points to 3.4%. The PAT margin increased by 195 basis points to 2.1%. 
For comparison, the company had reported revenue of INR 621.6 crore for FY26, with EBITDA of INR 14.9 crore, EBIT of INR 14.8 crore and PAT of INR 7.9 crore. The full-year EBITDA and PAT margins stood at 2.4% and 1.3%, respectively. The board has also recommended a final dividend of INR 1.25 per equity share for FY26. 
Makarand Pradhan, Promoter and Managing Director of Total Transport Systems, said the company had begun FY27 with healthy business momentum and disciplined execution. He attributed the year-on-year improvement in revenue and profitability to better operational efficiency, cost discipline and the company's focus on providing reliable logistics services. 
He added that the company's diversified service portfolio and long-standing customer relationships continued to support its business. According to Pradhan, the Indian logistics sector is benefiting from expanding trade, supply chain diversification and continued infrastructure investment, although geopolitical developments have caused periodic disruptions on international shipping routes. 
The company plans to focus on strengthening its service capabilities, increasing the use of technology, improving productivity and maintaining profitable growth. It also expects its asset-light model and international network to support its participation in the sector's longer-term growth. 
Established in 1994, Total Transport Systems provides integrated freight forwarding and supply chain services. Its offerings include sea freight, air freight, multimodal transportation, customs clearance, warehousing, last-mile delivery and other logistics services. 
The company operates through an asset-light model and has a pan-India presence. Its services also include liner agency, non-vessel operating common carrier (NVOCC), less-than-container-load (LCL) services, container freight station operations, break-bulk shipments, project cargo movement and specialised logistics services. 
TTSL is associated with iCargo Alliance, a global consolidators' network that gives it access to a network covering more than 89 countries, over 1,100 locations, more than 166 offices and over 180 agents, according to the company. 
The company is also associated with industry bodies including IATA, FIATA, FFFAI, CAI, BOCB and AMTOI. Its investor relations disclosures include financial results, earnings presentations and corporate announcements. 
The company's latest quarterly performance marks an improvement over the weak profitability recorded in the preceding quarter. The previous quarter had revenue of around INR 154.7 crore, while EBITDA and PAT were INR 1.3 crore and INR 0.3 crore, respectively. 
Source PTI

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