### **Overview** Total Transport Systems Limited (TTSL), incorporated in 1994 and listed on the NSE, is a leading Indian logistics company specializing in end-to-end, integrated supply chain solutions. With its headquarters in Mumbai, TTSL operates across ocean, air, and land transport modes, providing services to domestic and international markets. The company has evolved into a global player through strategic alliances, digital innovation, and diversified service offerings, positioning itself as one of India’s largest neutral LCL consolidators. TTSL leverages its strong presence in export-import logistics and has established a robust pan-India and international footprint via a network of offices, subsidiaries, joint ventures, and global partnerships. --- ### **Business Verticals & Core Services** TTSL operates through multiple integrated business verticals: 1. **LCL & FCL Cargo Consolidation** - A pioneer and market leader in Less-than-Container Load (LCL) consolidation since inception, with a strong presence across over 20 Inland Container Depots (ICDs) and major Indian ports. - Offers weekly services to 1,100+ global destinations across 89 countries. - Leverages strong purchasing power to secure competitive rates from shipping lines including Maersk, MSC, CMA-CGM, ONE, Hapag-Lloyd, Cosco, and Hyundai. - FCL volumes have more than doubled year-on-year in FY25, driven by demand from large exporters and importers. 2. **Freight Forwarding & Air Freight** - Provides comprehensive import and export freight forwarding services via sea and air. - Handles over 100,000 kg of international air cargo monthly, serving time-sensitive industries like pharmaceuticals, electronics, and fashion. - IATA-accredited with a centralized air operations desk in Mumbai. - Offers value-added services: customs clearance, warehousing, packaging, and dangerous goods (DGR) handling. 3. **Custom House Agent (CHA) Services** - Licensed CHA supporting end-to-end documentation, clearance, and coordination for importers/exporters. - Subsidiary **R. N. Freight Forwarders Pvt. Ltd. (60% owned)** strengthens customs and logistics integration. 4. **Last Mile Delivery – 'Abhilaya' Brand** - Operated via **One World Logistics Pvt. Ltd. (100% subsidiary)**, Abhilaya is a tech-enabled last-mile delivery platform. - Strategic partner to major e-commerce giants, including **Amazon, Flipkart, JioMart, TataCliq, Snapdeal**, and previously FedEx. - Serves over **1,500 pincodes** across India with a fleet of **1,500+ vehicles** and **4,000+ trained delivery professionals**. - Processes over **2 lakh shipments daily**, exceeding peak volumes of **4.37 million shipments/month**. - Launched EV-based delivery using **50 electric scooters**, supporting sustainability goals. --- ### **Group Structure & Subsidiaries** TTSL maintains a consolidated group structure comprising subsidiaries and joint ventures: | **Entity** | **Ownership** | **Key Role** | |-----------|----------------|-------------| | **CP World Logistics India Pvt. Ltd.** | 100% subsidiary | One-window logistics solutions; core vertical operations | | **One World Logistics Pvt. Ltd.** | 100% subsidiary (as of Aug 2025) | Last-mile delivery under 'Abhilaya' brand | | **R. N. Freight Forwarders Pvt. Ltd.** | 60% subsidiary | Freight forwarding and CHA services | | **Total Transport Systems Pvt. Ltd. - Nepal** | 64% subsidiary | Cross-border logistics in Nepal | | **Seedeer (India) E-Commerce Pvt. Ltd.** | Joint Venture with Seedeer Hong Kong | Access to Seedeer’s global supply chain operations in India | | **Seedeer India Pvt. Ltd.** | Associate/JV | E-commerce logistics and warehouse management | TTSL also co-founded **iCargo Alliance**—the world’s 5th largest consolidator network—with CP World Group and Fang Cheng International of China, spanning **89 countries, 166 offices, and 1,800+ agents at 1,100+ locations**. --- ### **Geographic & Strategic Expansion** - **Domestic Expansion**: Expanded into **North India, Bengaluru, and Delhi-NCR**, with plans to scale 3PL operations. - **International Growth**: - Entered African markets starting with **Ghana** via a joint venture with West Africa Cargo Limited. - Targeting 12 Console and 20 FCL shipments/month in the first year. - Invested USD 66,750 for a 25% stake in a Ghana-based entity. - Exploring opportunities in **Southeast Asia, CIS countries, South America, and Europe**. - **New Service Launches**: - Launched **Export LCL services from ICD Ankleshwar to JNPT** in March 2024. - Formed a **Project Cargo Division** to handle heavy machinery and tank shipments. - Entered **3PL segment** with leased warehousing and distribution services. --- ### **Technology & Innovation** - ERP and SaaS-driven platforms for real-time tracking, digital documentation, automated invoicing, and route optimization. - AI-powered systems for delivery management, performance tracking, and capacity planning. - Developed tech-enabled delivery models: **Same-Day Delivery (SDD), Rural Mile, and Rural B2B logistics**. - Proprietary software supports operations across over 14 Indian states. --- ### **Operational Footprint & Performance** - **Pan-India Presence**: Operations in all key logistics hubs, ports, ICDs, and industrial zones. - **Delivery Network**: - 59 **Exclusive Distribution Service Partners (EDSPs)** – company-owned stations. - 19 **Distribution Service Partners (DSPs)** – e-commerce captive warehouses. - In FY25, handled **over 41 million shipments**. - **Revenue Milestone**: Crossed ₹2 billion in revenue, with FCL and air freight contributing to growth momentum. - Targeting **500,000 daily shipments** by FY25–26 and **₹300 crores revenue from Abhilaya by 2026**. --- ### **Key Clients & Partnerships** - **Domestic**: TATA Motors, Reliance Industries, Raymonds, Cadila Pharmaceuticals. - **International Logistics Partners**: DHL, Dachser, Agility, Hellmann, Schenker. - **E-commerce Clients**: - **Flipkart**: Manages over 147 delivery stations; secured contract for 60 new service stations. - **Amazon**: Operational partner in 5 warehouses; delivers ~2.8 million shipments/month. - **Rail & Infrastructure**: Partnered with **CONCOR** to enhance LCL movement from ICD Ankleshwar to JNPT. --- ### **Strategic Initiatives & Growth Outlook** - **Sustainability**: Deployment of **electric scooters** in last-mile delivery; aligned with national green mobility initiatives. - **Government Synergy**: Benefiting from national policies like **PM Gati Shakti, National Logistics Policy, and Dedicated Freight Corridors**. - **Future Plans (FY26)**: - Scale international operations, especially in **West Africa**. - Accelerate 3PL expansion into **Bengaluru and Delhi-NCR**. - Enhance service quality and profitability in logistics operations. - Expand beyond e-commerce into **fintech, D2C, pharma, and retail sectors**. --- ### **Competitive Edge** - **Network Strength**: Access to global cargo corridors via iCargo Alliance and CP World Network. - **Technology Integration**: Real-time visibility, digital processes, and AI-driven logistics optimization. - **Scalable Model**: Agile last-mile delivery infrastructure adaptable to seasonal peaks (e.g., Diwali). - **Licensing & Compliance**: Holds **MTO (Multi-Modal Transport Operator)** and **FMC (Federal Maritime Commission)** licenses, enhancing credibility and operational flexibility. --- ### **Challenges & Mitigation** - **Operational Bottlenecks**: Addressed through closure of unprofitable dark stores and optimization of delivery routes. - **Seasonal Volatility**: Shifted from fixed seasonal contracts to performance-based models with variable cost structures. - **Competition**: Mitigated through superior execution, technology, and customer-centric service delivery. ---