Total Transport Systems (NSE:TOTAL) Operating Income: ₹110 Mil (TTM As of Mar. 2026)

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NSE:TOTAL Total Transport Systems Ltd NSE:TOTAL
78 GF Score
Price ₹52.05
GF Value ₹79.55
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Total Transport Systems Operating Income?

Total Transport Systems NSE:TOTAL +5.62% 78 Operating Income is ₹110 Mil as of Mar. 2026. GuruFocus rates NSE:TOTAL with a GF Score™ of 78/100 and a GF Value™ of ₹79.55 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Total Transport Systems's Operating Income for the three months ended in Mar. 2026 was ₹2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹110 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Total Transport Systems's Operating Income for the three months ended in Mar. 2026 was ₹2 Mil. Total Transport Systems's Revenue for the three months ended in Mar. 2026 was ₹1,547 Mil. Therefore, Total Transport Systems's Operating Margin % for the quarter that ended in Mar. 2026 was 0.12%.

Good Sign:

Total Transport Systems Ltd operating margin is expanding. Margin expansion is usually a good sign.

Total Transport Systems's 5-Year average Growth Rate for Operating Margin % was 37.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Total Transport Systems's annualized ROC % for the quarter that ended in Mar. 2026 was 0.45%. Total Transport Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.65%.


Total Transport Systems  (NSE:TOTAL) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Total Transport Systems's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7.7 * ( 1 - 33.66% )/( (0 + 1145.358)/ 1 )
=5.10818/1145.358
=0.45 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1912.653 - 425.271 - ( 342.024 - max(0, 908.716 - 1404.251+342.024))
=1145.358

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Total Transport Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=57.484/( ( (0 + max(0, 0)) + (218.511 + max(532.634, 0)) )/ 1 )
=57.484/( ( 0 + 751.145 )/ 1 )
=57.484/751.145
=7.65 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(997.479 + 0 + 63.413) - (425.271 + 0 + 102.987)
=532.634

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Total Transport Systems's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1.925/1546.869
=0.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Total Transport Systems Operating Income Related Terms


Total Transport Systems Operating Income Historical Data

* Premium members only.

The historical data trend for Total Transport Systems's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Total Transport Systems Operating Income Chart

Total Transport Systems Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.88 143.07 38.96 93.45 110.28

Total Transport Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.42 34.64 38.53 35.19 1.93
NSE:TOTAL
78GF Score
Total Transport Systems Ltd NSE:TOTAL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Total Transport Systems Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹110 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹110 Mil mean?
Total Transport Systems (NSE:TOTAL) has a Operating Income of ₹110 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Total Transport Systems and its competitors.
Is Total Transport Systems' Operating Income too high?
Total Transport Systems' current Operating Income is ₹110 Mil. Overall, Total Transport Systems has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Total Transport Systems' Operating Income compare to UPS and FDX?
Total Transport Systems' Operating Income of ₹110 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Transportation company?
A good Operating Income depends on the Transportation industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Total Transport Systems and its competitors. Total Transport Systems's current Operating Income is ₹110 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Transport Systems stock overvalued right now?
Based on GuruFocus' analysis, Total Transport Systems (NSE:TOTAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹79.55, compared to a current price of ₹52.05 — trading 34.6% below its estimated fair value. The current Operating Income is ₹110 Mil. Total Transport Systems' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Total Transport Systems (NSE:TOTAL), the current Operating Income is ₹110 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Total Transport Systems (NSE:TOTAL) Overvalued in 2026?

Based on GuruFocus' analysis, Total Transport Systems stock appears to be undervalued. The current stock price of ₹52.05 is trading 34.6% below its estimated GF Value™ of ₹79.55. GuruFocus considers Total Transport Systems to be Significantly Undervalued.

Key valuation signals for NSE:TOTAL:

  • Operating Income: ₹110 Mil
  • GF Value™: ₹79.55 vs. price of ₹52.05 (34.6% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the NSE:TOTAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Total Transport Systems Business Description

Address T Square Building, Saki Vihar Road, 7th Floor, Chandivali Junction, Andheri (East), Opposite Chandivali Petrol Pump, Mumbai, MH, IND, 400072
Total Transport Systems Ltd is engaged in the logistics business. The company is engaged in the business of consolidation/deconsolidation of cargo, freight forwarding, logistics, warehousing, and transportation. The company provides various services such as CFS Operations, LCL Services, Project Cargo Movement, Air services, Specialised services, and others. Its segments include Multimodal transport operations and Last mile delivery operations of which key revenue is generated from the Multimodal transport operations segment involving non-vessel owing common carrier operations related to less than container load consolidation and full container load forwarding activities in India and across the globe.
78GF Score

Get the complete analysis for NSE:TOTAL

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹52.05
Price
₹79.55
GF Value