Share price
₹80.01 latest close · +50.3% over the last 90 sessions
₹80.01 month-end · +24.5% over 12 months
₹80.01 month-end · −36.3% over 3 years
₹80.01 month-end · +204.8% since Feb '19
52-week range ₹45.00 to ₹87.89 · 1-year volatility 52.8%
Was the rally earned?
Partly.
- Most of the rise came from investors paying a higher multiple (P/E 8.9x to 14.3x); per-share earnings took off 28 points.
- The share count barely moved.
Earnings helped, the multiple did not.
- Per-share earnings added 44 points, but investors now pay less per rupee of profit (P/E 38.7x to 14.3x), which took 80 points back.
- The share count rose 4%.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Not shown for 5 years: earnings were negative at one end, or there is not enough history.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-75.6% (2022-10 peak to 2026-03 low, not yet recovered)
-61.2% (2020-02 peak to 2020-04 low, recovered 2020-09)
-49.4% (2021-01 peak to 2021-04 low, recovered 2021-12)
Is it expensive against its own past and its peers?
Usual range 5.9x to 120.3x since 2019-02.
10% below the Transportation median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Transportation peers?
Each cell is the company's percentile rank among its Transportation peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE49th▲ 13 pts vs a year ago
- Op. margin14th▲ 3 pts vs a year ago
- Revenue growth23rd▼ 54 pts vs a year ago
- EPS growth27th▼ 73 pts vs a year ago
- Debt/equity ↓54th▲ 3 pts vs a year ago
- Cash cycle ↓62nd▲ 5 pts vs a year ago
- P/E ↓62nd▼ 30 pts vs a year ago
- 12M momentum87th▲ 25 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Transportation sector page Watch it move against Transportation in the Observatory
What is the price implying?
At a P/E of 20.3x, the price would imply about 13.9%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Below the ₹1,000 cr market-cap floor used for the lists.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Transportation The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹80.01
- P/E
- 14.3x
- ROCE
- 11.0%
- Market Cap
- ₹128 cr
- Revenue (TTM)
- ₹668 cr
- P/S
- 0.2x
- P/B
- 1.4x
- ROE
- 10.0%
- Operating Margin
- 3.3%
- Debt / Equity
- 0.4x
- Promoter Holding
- 49.7%
- 12M Momentum
- 24.4%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance27%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 27.0%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate25%Within range
Median quarterly effective tax rate over about 2.5 years: 25.4%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion0.94xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 0.94x (cash from operations ₹17 cr, net profit ₹18 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow3 of 5 yrsNear threshold
Fiscal years with positive free cash flow in the last 5: 3. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+4 daysWithin range
Debtor days are above the median of the previous three fiscal years by 4 days (59 vs 55). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress30% of fixed assetsWithin range
Capital work-in-progress is 30% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, promoters added 1.6 pts.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like TOTAL TRANSPORT SYSTEMS LTD today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −33% to +26% vs the market, against −5% for all non-financial companies in the same months.
- The gap against the base rate (−11.8%, 80% range −16.9% to +0.2%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 32 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| INCREDIBLE Non-Energy Minerals |
Sep 2025 | 15x | 10% | +5% | −10% | −30% |
| PATINTLOG Transportation |
Jul 2022 | 15x | 10% | +17% | −10% | −32% |
| BVCL Non-Energy Minerals |
Jan 2024 | 25x | 10% | +137% | 0% | −29% |
| KNAGRI Process Industries |
Oct 2024 | 22x | 13% | +109% | −8% | −17% |
| SHANTI Process Industries |
Jun 2022 | 11x | 9% | +44% | −19% | −55% |
Show the other 3 matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| CORDSCABLE Producer Manufacturing |
Jan 2024 | 25x | 14% | +99% | 0% | +7% |
| MANINDS Producer Manufacturing |
Sep 2023 | 17x | 10% | +97% | −1% | +32% |
| MANAKCOAT Non-Energy Minerals |
Nov 2023 | 22x | 10% | +78% | −1% | +82% |
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: ROCE, 12-month momentum and P/E. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What changed?
30 events since Oct '20
- SepResultsRevenue (TTM) reached a new high of ₹668 cr.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the 3rd quartile of Transportation on EPS growth (from the top quartile).
- MarPriceFell 76% from the Oct 2022 peak to the Mar 2026 low.
- MarValuationP/E fell below the 10th percentile of its own history to date (5.8x).
- JunResultsYear-on-year EPS growth turned positive.
- JunPeer rankMoved into the top quartile of Transportation on EPS growth (from the 3rd quartile).
- JunDividendDividend payout cut from 65% to 9% of profit.
Show 22 earlier events
- MarPeer rankMoved into the 3rd quartile of Transportation on EPS growth (from the bottom quartile).
- DecResultsRevenue (TTM) reached a new high of ₹597 cr.
- JunValuationP/E crossed above the 90th percentile of its own history to date (155.0x).
- JunPeer rankSlipped to the 3rd quartile of Transportation on ROCE (from the 2nd quartile).
- JanDebtDebt / equity halved over 12 months to 0.23x.
- JunResultsRevenue (TTM) reached a new high of ₹590 cr.
- JunValuationP/E crossed above the 90th percentile of its own history to date (46.3x).
- JunDebtDebt / equity halved over 12 months to 0.23x.
- JunDividendStarted paying a dividend (payout 23% of profit).
- JunSharesShare count is up 14.3% over 12 months.
- NovPeer rankSlipped to the 2nd quartile of Transportation on ROCE (from the top quartile).
- AugPriceRegained the 2021-12 peak, 2 months after the low.
- JunResultsEPS (TTM) turned positive.
- JunPriceFell 44% from the Dec 2021 peak to the Jun 2022 low.
- JunPeer rankMoved into the top quartile of Transportation on ROCE (from the 3rd quartile).
- DecPriceRegained the 2021-01 peak, 8 months after the low.
- JunResultsEPS (TTM) turned negative.
- JunPeer rankSlipped to the bottom quartile of Transportation on EPS growth (from the 3rd quartile).
- AprPriceFell 49% from the Jan 2021 peak to the Apr 2021 low.
- JanPeer rankSlipped to the 3rd quartile of Transportation on ROCE (from the 2nd quartile).
- NovPriceRegained the 2020-09 peak, 1 month after the low.
- OctPriceFell 32% from the Sep 2020 peak to the Oct 2020 low.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history94 months · 2019-02 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 14.3x | ₹668 cr | 10.0% | 11.0% | 0.4x |
| 2026-10 | 12.3x | ₹668 cr | 10.0% | 11.0% | 0.4x |
| 2026-09 | 12.5x | ₹668 cr | 10.1% | 11.0% | 0.4x |
| 2026-08 | 14.2x | ₹622 cr | 8.7% | 11.0% | 0.4x |
| 2026-07 | 10.2x | ₹622 cr | 8.7% | 11.0% | 0.4x |
| 2026-06 | 10.4x | ₹622 cr | 8.7% | 11.0% | 0.4x |
| 2026-05 | 6.5x | ₹623 cr | 16.1% | 11.0% | 0.5x |
| 2026-04 | 6.8x | ₹623 cr | 16.1% | 11.0% | 0.5x |
| 2026-03 | 5.8x | ₹623 cr | 16.1% | 11.0% | 0.5x |
| 2026-02 | 7.5x | ₹642 cr | 17.0% | 11.0% | 0.5x |
| 2026-01 | 7.7x | ₹642 cr | 17.0% | 11.0% | 0.5x |
| 2025-12 | 9.1x | ₹642 cr | 17.0% | 11.0% | 0.5x |
| 2025-11 | 8.9x | ₹667 cr | 13.9% | 11.0% | 0.5x |
| 2025-10 | 9.5x | ₹667 cr | 13.9% | 11.0% | 0.5x |
| 2025-09 | 9.7x | ₹667 cr | 13.9% | 11.0% | 0.5x |
| 2025-08 | 12.6x | ₹665 cr | 10.6% | 11.0% | 0.5x |
| 2025-07 | 13.4x | ₹665 cr | 10.6% | 11.0% | 0.5x |
| 2025-06 | 15.2x | ₹665 cr | 10.6% | 11.0% | 0.5x |
| 2025-05 | 53.7x | ₹657 cr | 3.3% | 7.0% | 0.4x |
| 2025-04 | 45.4x | ₹657 cr | 3.3% | 7.0% | 0.4x |
| 2025-03 | 44.1x | ₹657 cr | 3.3% | 7.0% | 0.4x |
| 2025-02 | 338.1x | ₹597 cr | 0.4% | 7.0% | 0.4x |
| 2025-01 | 333.6x | ₹597 cr | 0.4% | 7.0% | 0.4x |
| 2024-12 | 368.4x | ₹597 cr | 0.4% | 7.0% | 0.4x |
| 2024-11 | 721.2x | ₹520 cr | 0.2% | 7.0% | 0.4x |
| 2024-10 | 814.1x | ₹520 cr | 0.2% | 7.0% | 0.4x |
| 2024-09 | 916.6x | ₹520 cr | 0.2% | 7.0% | 0.4x |
| 2024-08 | 127.6x | ₹488 cr | 1.6% | 7.0% | 0.4x |
| 2024-07 | 150.3x | ₹488 cr | 1.6% | 7.0% | 0.4x |
| 2024-06 | 155.0x | ₹488 cr | 1.6% | 7.0% | 0.4x |
| 2024-05 | 30.1x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2024-04 | 32.2x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2024-03 | 28.9x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2024-02 | 35.1x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2024-01 | 38.6x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-12 | 39.9x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-11 | 38.7x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-10 | 37.2x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-09 | 42.7x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-08 | 37.8x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-07 | 40.7x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-06 | 46.3x | ₹590 cr | 6.7% | 15.0% | 0.2x |
| 2023-05 | 21.5x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2023-04 | 21.5x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2023-03 | 19.2x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2023-02 | 19.7x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2023-01 | 23.3x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-12 | 24.6x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-11 | 26.4x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-10 | 28.3x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-09 | 26.0x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-08 | 18.0x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-07 | 12.2x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-06 | 9.7x | ₹583 cr | 16.7% | 21.0% | 0.5x |
| 2022-05 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2022-04 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2022-03 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2022-02 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2022-01 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-12 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-11 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-10 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-09 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-08 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-07 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-06 | — | ₹315 cr | -1.8% | 3.0% | 0.5x |
| 2021-05 | 29.5x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2021-04 | 27.8x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2021-03 | 29.8x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2021-02 | 38.0x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2021-01 | 44.7x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-12 | 43.8x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-11 | 43.2x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-10 | 25.1x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-09 | 27.5x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-08 | 18.7x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-07 | 15.4x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-06 | 18.2x | ₹400 cr | 4.4% | 9.0% | 0.5x |
| 2020-05 | 5.2x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2020-04 | 5.3x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2020-03 | 3.8x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2020-02 | 7.3x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2020-01 | 9.1x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-12 | 6.3x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-11 | 7.4x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-10 | 5.5x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-09 | 5.9x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-08 | 5.4x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-07 | 5.9x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-06 | 7.2x | ₹256 cr | 15.6% | 21.0% | 0.4x |
| 2019-05 | 7.4x | ₹214 cr | 21.1% | 24.0% | 0.4x |
| 2019-04 | 7.4x | ₹214 cr | 21.1% | 24.0% | 0.4x |
| 2019-03 | 5.7x | ₹214 cr | 21.1% | 24.0% | 0.4x |
| 2019-02 | 4.8x | ₹214 cr | 21.1% | 24.0% | 0.4x |