Total Transport Systems in FY26: volumes held up, margins did the heavy lifting

FY26 consolidated revenue was ₹621.6 Cr, EBITDA was ₹14.9 Cr (2.4% margin), and PAT was ₹7.9 Cr (1.3% margin).

Q4 FY26 revenue was ₹154.7 Cr versus ₹156.3 Cr in Q4 FY25, while EBITDA declined to ₹1.3 Cr (0.8% margin) from ₹5.5 Cr (3.5%), and PAT fell to ₹0.2 Cr (0.2%) from ₹5.8 Cr (3.7%).

The presentation lists Multimodal Freight (LCL, FCL, Air Freight), Last Mile Delivery, and Custom House Agent (CHA) as business segments.

In FY26, LCL total CBMs were 4,11,379 (down from 4,23,143 in FY25), FCL total TEUs were 19,901 (up from 17,062), and Air Freight total tons were 1,436 (up from 1,371).

Abhilaya is the company’s last-mile delivery vertical. In FY26 it reported revenue of ₹112 Cr, shipments of 45 million, and served 1,500 pincodes.

The deck notes divestment of up to 81% in One World Logistics (approved, subject to completion) and an approved acquisition of WSA Shipping (Bombay) Pvt. Ltd. to become a wholly owned subsidiary.