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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Total Transport Systems Ltd

About the Company - Total Transport Systems Ltd

Total Transport Systems Ltd. is a Public Limited Listed company incorporated on 27/07/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L63090MH1995PLC091063 and registration number is 091063. Currently Company is involved in the business activities of Cargo handling. Company’s Total Operating Revenue is Rs. 530.14 Cr. and Equity Capital is Rs. 14.31 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/Others7th Floor, T Square Building, Opp. Chandivali Petrol Pump, Mumbai Maharashtra 400072bhavik.trivedi@mum.ttspl.in
http://www.ttspl.in
Management
NamePosition Held
Ms. Leena Prasahant SalviChairperson & Non Executive Director
Mr. Makarand Prabhakar PradhanManaging Director
Mr. Shrikant Damodar NibandheExecutive Director & CFO
Mr. Sanjiv Arvind PotnisExecutive Director
Mr. Abhishek Ramesh TalwarInd. Non-Executive Director
Mr. Sunil Gajanan KshirsagarInd. Non-Executive Director
Mr. Sandesh Madhukar KirkireInd. Non-Executive Director
Mr. Mangina Srinivas RaoInd. Non-Executive Director
Mr. Rajiv Mathuraprasad SaxenaInd. Non-Executive Director

Total Transport Systems Ltd. Share Price Update

Share PriceValue
Today₹114.25
Previous Day₹118.80

Basic Stock Data of Total Transport Systems Ltd

Market Cap 184 Cr.
Current Price 114
High / Low187/110
Stock P/E176
Book Value 48.6
Dividend Yield0.66 %
ROCE14.7 %
ROE7.91 %
Face Value 10.0

Data Source: screener.in

Competitors of Total Transport Systems Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Arshiya Ltd 244 Cr. 9.259.75/3.45 0.100.00 %2.49 %104 % 2.00
Navkar Corporation Ltd 1,633 Cr. 108126/44.4327 1320.00 %3.00 %4.06 % 10.0
Allcargo Logistics Ltd 8,629 Cr. 87.898.0/61.462.2 25.80.93 %18.5 %20.1 % 2.00
Patel Integrated Logistics Ltd 161 Cr. 24.929.5/10.530.7 18.50.39 %5.99 %4.17 % 10.0
Tara Chand Infralogistic Solutions Ltd 243 Cr. 172214/76.320.7 56.30.00 %10.7 %10.2 % 10.0
Industry Average2,182.00 Cr80.3988.1246.540.26%8.14%28.51%6.80

Total Transport Systems Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales81.9495.96102.71138.80169.45172.26175.69169.04132.39113.16113.78111.46114.57
Expenses80.6593.2098.83134.61165.13168.29170.53163.92129.25111.96111.14110.37112.67
Operating Profit1.292.763.884.194.323.975.165.123.141.202.641.091.90
OPM %1.57%2.88%3.78%3.02%2.55%2.30%2.94%3.03%2.37%1.06%2.32%0.98%1.66%
Other Income0.000.230.010.070.290.060.050.050.140.190.641.041.28
Interest0.540.600.640.180.550.580.820.670.900.650.610.710.81
Depreciation0.260.230.230.260.360.490.410.490.580.680.690.870.99
Profit before tax0.492.163.023.823.702.963.984.011.800.061.980.551.38
Tax %0.00%33.33%19.54%40.84%27.30%41.55%32.91%38.65%45.00%1,583.33%33.33%136.36%42.03%
Net Profit0.491.452.432.252.701.742.672.460.98-0.891.33-0.200.80
EPS in Rs0.341.011.691.571.891.302.561.190.45-0.530.82-0.140.48

Total Transport Systems Ltd Quarterly Chart

Total Transport Systems Ltd Profit & Loss

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales229263275246200214256400315583590453
Expenses222249265257191203243392312567576446
Operating Profit71410-12911137316157
OPM %3%5%4%-5%5%5%5%2%1%3%2%2%
Other Income000100000003
Interest233432222233
Depreciation223211111123
Profit before tax394-1658114-014104
Tax %39%34%42%0%-6%5%32%44%-1,580%32%47%
Net Profit262-166872-1951
EPS in Rs38.60188.6019.97-30.9811.185.525.021.46-0.606.463.250.63
Dividend Payout %0%0%0%0%0%0%0%0%0%0%23%

Total Transport Systems Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)200.00%-66.67%-900.00%137.50%33.33%-12.50%-71.43%-150.00%1000.00%-44.44%
Change in YoY Net Profit Growth (%)0.00%-266.67%-833.33%1037.50%-104.17%-45.83%-58.93%-78.57%1150.00%-1044.44%

Total Transport Systems Ltd Growth

Compounded Sales Growth
10 Years:10%
5 Years:23%
3 Years:14%
TTM:-31%
Compounded Profit Growth
10 Years:11%
5 Years:-8%
3 Years:36%
TTM:-89%
Stock Price CAGR
10 Years:%
5 Years:34%
3 Years:27%
1 Year:-12%
Return on Equity
10 Years:9%
5 Years:9%
3 Years:8%
Last Year:8%

Total Transport Systems Ltd Balance Sheet

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0055514141414141616
Reserves616172724313332406162
Borrowings161516132114182223271729
Other Liabilities262736381918196435513159
Total Liabilities49577358527082133104132125167
Fixed Assets1615131189988101520
CWIP000000000000
Investments000000000134
Other Assets3342614744617312596122107142
Total Assets49577358527082133104132125167

Total Transport Systems Ltd Reserves and Borrowings Chart

Total Transport Systems Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 6575-11-101-3548
Cash from Investing Activity -3-1120-1-2-1-1-2-9
Cash from Financing Activity -2-4-2-5112-4-42-213
Net Cash Flow1162-90-4-76-012

Total Transport Systems Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days37455741598290103916443
Inventory Days0000
Days Payable
Cash Conversion Cycle37455741598290103916443
Working Capital Days172324144717355653933
ROCE %36%20%-39%31%24%21%9%3%21%15%

Total Transport Systems Ltd Financial Efficiency Indicators Chart

Total Transport Systems Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters52.27%52.27%52.27%52.30%52.30%52.44%52.45%48.13%48.15%48.16%48.18%48.18%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.07%0.06%0.03%0.00%0.00%0.00%
Public47.72%47.72%47.73%47.70%47.70%47.59%47.48%51.80%51.82%51.84%51.82%51.82%
No. of Shareholders2,6273,3604,4734,6654,1344,4857,3276,9396,4926,4806,7046,661

Total Transport Systems Ltd Shareholding Pattern Chart

No. of Total Transport Systems Ltd Shareholders

This stock is not held by any mutual fund

Total Transport Systems Ltd ROCE Trend

Total Transport Systems Ltd EPS Trend

Total Transport Systems Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.476.46-0.601.465.31
Diluted EPS (Rs.)3.476.46-0.601.465.31
Cash EPS (Rs.)4.587.340.102.386.18
Book Value[Excl.RevalReserv]/Share (Rs.)48.1437.9732.2533.0031.83
Book Value[Incl.RevalReserv]/Share (Rs.)48.1437.9732.2533.0031.83
Revenue From Operations / Share (Rs.)366.01407.68220.11279.30179.08
PBDIT / Share (Rs.)9.3311.772.275.049.87
PBIT / Share (Rs.)7.9910.831.624.199.02
PBT / Share (Rs.)6.119.470.012.697.84
Net Profit / Share (Rs.)3.246.41-0.541.535.32
NP After MI And SOA / Share (Rs.)3.256.46-0.601.465.31
PBDIT Margin (%)2.542.881.031.805.51
PBIT Margin (%)2.182.650.731.495.03
PBT Margin (%)1.662.320.000.964.38
Net Profit Margin (%)0.881.57-0.240.542.97
NP After MI And SOA Margin (%)0.881.58-0.270.522.96
Return on Networth / Equity (%)6.7716.92-1.874.4416.70
Return on Capital Employeed (%)15.3924.974.2611.7626.39
Return On Assets (%)4.196.97-0.831.578.94
Long Term Debt / Equity (X)0.000.050.090.010.01
Total Debt / Equity (X)0.210.480.500.460.40
Asset Turnover Ratio (%)4.594.472.263.173.20
Current Ratio (X)2.531.691.831.472.05
Quick Ratio (X)2.531.691.831.472.05
Dividend Payout Ratio (NP) (%)23.080.000.000.000.00
Dividend Payout Ratio (CP) (%)16.330.000.000.000.00
Earning Retention Ratio (%)76.920.000.000.000.00
Cash Earning Retention Ratio (%)83.670.000.000.000.00
Interest Coverage Ratio (X)4.958.641.413.378.40
Interest Coverage Ratio (Post Tax) (X)2.725.700.662.035.53
Enterprise Value (Cr.)191.30119.2981.6448.5160.04
EV / Net Operating Revenue (X)0.320.200.250.120.23
EV / EBITDA (X)12.717.0925.166.734.25
MarketCap / Net Operating Revenue (X)0.330.170.190.060.17
Retention Ratios (%)76.910.000.000.000.00
Price / BV (X)2.581.871.350.570.98
Price / Net Operating Revenue (X)0.330.170.190.060.17
EarningsYield0.020.09-0.010.070.17

Total Transport Systems Ltd Profitability Ratios (%)

Total Transport Systems Ltd Liquidity Ratios

Total Transport Systems Ltd Liquidity Ratios (%)

Total Transport Systems Ltd Interest Coverage Ratios (X)

Total Transport Systems Ltd Valuation Ratios

Fair Value / Intrinsic Value of Total Transport Systems Ltd

Fair Value: ₹681.06

The stock is undervalued by 497.42% compared to the current price ₹114

*Investments are subject to market risks

Strength and Weakness of Total Transport Systems Ltd

StrengthWeakness
  1. The company has higher reserves (27.58 cr) compared to borrowings (19.25 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (335.33 cr) and profit (4.67 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 6.73 and average Dividend Yield of 2.42%.
  2. The stock has a low average ROCE of 12.82%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 40.45, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 64.73, which may not be favorable.

Should I Buy Total Transport Systems Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Total Transport Systems Ltd:
    1. Net Profit Margin: 0.88%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 15.39% (Industry Average ROCE: 9.39%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 2.72
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 2.53
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✗ Stock P/E: 176 (Industry average Stock P/E: 24.54)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.21
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Total Transport Systems Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE