Total Transport Systems Reports FY26 Revenue of ₹622 Cr and PAT of ₹8 Cr; EBITDA Grows 11.9% YoY
Total Transport Systems Limited, an international logistics company, announced its audited financial results for the quarter and full year ending March 31, 2026. The company reported that its revenue for FY26 stood at ₹622 Cr, while its Profit After Tax (PAT) reached ₹8 Cr.The company highlighted operational growth in its profitability metrics, noting that Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew 11.9% year over year (YoY), reaching ₹15 Cr.
Operational and Financial Highlights
During the fiscal year 2026, Total Transport Systems executed several strategic movements. The company approved the acquisition of WSA Shipping (Bombay) Pvt. Ltd., which aims to strengthen its operational infrastructure and regional logistics presence. Furthermore, management approved the proposed acquisition of an 81% stake in OneWorld Logistics for approximately ₹75 Cr. Simultaneously, the company opted to divest RN Freight Forwarders to enhance operational efficiency and sharpen its business focus.From a financial standpoint, operational cash flow improved significantly during FY26, turning positive after strong working capital management, disciplined receivables control, improved cash conversion, and efficient treasury management.
Consolidated Financial Performance Overview
The company’s performance data for FY26 reflected a YoY decline of 6.6% in revenue, attributed to softer market conditions. Despite the revenue dip, the EBITDA saw substantial growth, reaching ₹15 Cr with margins improving by 40 basis points (bps) to 2.4%, supported by better cost efficiencies and operating leverage.PAT for FY26 stood at ₹8 Cr, resulting in PAT margins of 1.3%. The performance metrics for Q4 and the full year are detailed below:
| Parameters (₹ in Cr, except EPS) | Q4 FY26 | Q3 FY26 | QoQ Change | Q4 FY25 | YoY Change | FY26 | FY25 | YoY % Change |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154.7 | 156.0 | (0.8%) | 156.3 | (1.0%) | 621.6 | 665.2 | (6.6%) |
| EBITDA | 1.3 | 4.5 | (72.3%) | 5.5 | (77.1%) | 14.9 | 13.3 | 11.9% |
| EBITDA Margins | 0.8% | 2.9% | (209 bps) | 3.5% | (350 bps) | 2.4% | 2.0% | 40 bps |
| PAT | 0.3 | 2.3 | (87.5%) | 5.8 | (95.1%) | 7.9 | 8.8 | (10.7%) |
| PAT Margins | 0.2% | 1.5% | (128 bps) | 3.7% | (372 bps) | 1.3% | 1.3% | (6 bps) |
| EPS | ₹0.22 | ₹1.40 | (84.3%) | ₹1.41 | (84.4%) | ₹4.83 | ₹5.54 | (12.8%) |
Management Commentary
Commentary surrounding the results noted that FY26 occurred amid a challenging global trade environment, characterized by cautious demand trends, geopolitical tensions, war-related disruptions, and fluctuating freight rates across logistics segments.Despite these adverse conditions, the company maintained a focus on disciplined execution, operational efficiency, and prudent financial management. The continued emphasis on operational optimization and efficient execution across multimodal logistics operations supported the 11.9% YoY growth in EBITDA to ₹15 Cr. Management highlighted that EBITDA margins improved by 40 bps to 2.4%, demonstrating the focus on profitability enhancement. PAT for FY26 stood at ₹8 Cr, with PAT margins remaining stable at 1.3%.
While Q4 FY26 saw softer performance due to subdued trade activity and pricing pressure in certain freight segments, the company maintained operational stability and a customer-focused approach across LCL, FCL, and air-freight operations. Looking ahead, the long-term outlook for the logistics sector remains encouraging, supported by India's infrastructure development and improving trade opportunities.
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About Total Transport Systems Limited
Total Transport Systems Limited is a leading logistics company in India and is a member of several industry associations including IATA, FIATA, Bombay Overseas Freight Brokers Association, Federation of Freight Forwarders' Associations in India, Consolidators Association of India, and AMTOI. The company has a pan-India presence in every cargo-generating center and provides logistics services across sectors such as Pharma, Automobile, Chemicals, Engineering, and Infrastructure.
TOTAL Stock Price Movement
Total Transport Systems Limited shares today slipped by 1.24% to settle at ₹54.14. The stock traded on a volume of 4,199 shares, closing after a session that saw it shed ₹0.68 from its previous close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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