Summary of Key Information:
Reporting Period: Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results
Audit Opinion:
Clean opinion - No material misstatements identified in the limited review conducted by M.P. Chitale & Co.
Key Financial Highlights [Amounts in INR Lakhs]:
Standalone Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹24,963.18 (85.6% increase YoY from ₹13,452.38)
- Total Income: ₹25,057.83
- Net Profit: ₹689.43 (241% increase YoY from ₹202.06)
- EPS: ₹4.27 (vs ₹1.25 in Q2 FY26)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹40,875.15 (60.4% increase YoY from ₹25,485.29)
- Total Income: ₹41,057.04
- Net Profit: ₹1,038.43 (117.7% increase YoY from ₹476.96)
- EPS: ₹6.44 (vs ₹2.96 in H1 FY26)
Balance Sheet Position (Standalone as at September 30, 2026):
- Total Assets: ₹26,740.83 (vs ₹18,903.17 as at March 31, 2026)
- Equity: ₹12,331.45
- Cash and Cash Equivalents: ₹235.97 (vs ₹563.16 as at March 31, 2026)
- Total Debt: ₹4,564.77 (Borrowings: ₹667.68 non-current + ₹3,897.09 current)
- Trade Receivables: ₹15,736.75 (significant increase from ₹7,889.82)
Consolidated Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹28,388.81 (73.7% increase YoY from ₹16,346.26)
- Total Income: ₹28,492.56
- Net Profit: ₹712.14 (202% increase YoY from ₹235.59)
- EPS: ₹4.41 (vs ₹1.41 in Q2 FY26)
Half Year Ended September 30, 2026:
- Revenue from Operations: ₹47,746.57 (53.6% increase YoY from ₹31,090.45)
- Total Income: ₹47,957.59
- Net Profit: ₹1,124.67 (112.5% increase YoY from ₹529.30)
- EPS: ₹6.96 (vs ₹3.22 in H1 FY26)
- Net Profit attributable to owners: ₹1,122.58
Balance Sheet Position (Consolidated as at September 30, 2026):
- Total Assets: ₹27,281.11 (vs ₹19,126.53 as at March 31, 2026)
- Equity: ₹9,986.77
- Cash and Cash Equivalents: ₹314.25 (vs ₹631.17 as at March 31, 2026)
- Total Debt: ₹5,949.70 (Borrowings: ₹667.68 non-current + ₹5,282.02 current)
- Trade Receivables: ₹17,896.74 (significant increase from ₹9,974.79)
Segment-wise Performance:
The company operates in three reportable segments:
Multimodal Transport Operations (Primary segment):
- Q2 FY27 Revenue: ₹25,007.01 (85.5% increase YoY)
- Q2 FY27 Segment Profit: ₹779.52 (200% increase YoY)
- H1 FY27 Revenue: ₹40,969.53 (60.4% increase YoY)
- H1 FY27 Segment Profit: ₹1,172.18 (132.5% increase YoY)
Last Mile Delivery Operations:
- Q2 FY27 Revenue: ₹3,563.97 (30.4% increase YoY)
- Q2 FY27 Segment Profit: ₹19.13 (105% increase YoY)
- H1 FY27 Revenue: ₹6,851.53 (28.4% increase YoY)
- H1 FY27 Segment Profit: ₹78.82 (247.6% increase YoY)
CHA Activity:
- Q2 FY27 Revenue: Negative ₹155.84 (due to inter-segment adjustments)
- Q2 FY27 Segment Profit: ₹6.58
- H1 FY27 Revenue: Not specified
- H1 FY27 Segment Profit: Not specified
Corporate Actions:
Not Specified
Other Significant Information:
Entities included in consolidation:
- Holding Company: Total Transport Systems Limited
- Subsidiaries: Oneworld Logistics Private Limited, CP World Logistics India Private Limited, Total Transport Systems Private Limited (Nepal), WSA Shipping (Bombay) Private Limited
- Associate: Seedeer (India) E-Commerce Private Limited (Group's share of net loss: ₹1.51 lakhs for Q2 FY27)
Cash Flow Highlights (Standalone H1 FY27):
- Net cash used in operating activities: ₹(1,875.07) lakhs
- Net cash from investing activities: ₹144.80 lakhs
- Net cash from financing activities: ₹1,403.08 lakhs
- Net decrease in cash: ₹(327.19) lakhs
Significant changes in balance sheet items:
- Trade receivables increased substantially in both standalone (₹15,736.75 vs ₹7,889.82) and consolidated (₹17,896.74 vs ₹9,974.79)
- Trade payables increased significantly in both standalone (₹7,935.39 vs ₹3,061.94) and consolidated (₹9,191.79 vs ₹4,252.71)
- Borrowings increased in both standalone (₹4,564.77 vs ₹2,754.23) and consolidated (₹5,949.70 vs ₹3,787.49)