We started the business in the year 1995 our tradition of leadership began with ourNVOCC and consolidation services we have evolved into an industry leading 3PL withcomprehensive portfolio of consolidation and forwarding services. It's been time of morethan two decades since we are operational in this field. Right from the inception yourCompany has grown manifold and is regarded as one of the leading quality-conscious serviceprovider in this segment. The Company has captured the Indian market for providingservices for consolidation of cargoes from all major locations across the India and havingexcellent network globally with channel partners.
A year 2017-18 has been marked as paradigm shift of the Company. Your Company convertedfrom private limited to public limited and thereafter came up with the maiden IPO of TotalTransport Systems Limited which received huge overwhelming response from the investorsacross the country. Your Company IPO was oversubscribed by more than 130 times. We feelsabsolutely delighted with such kind of response that we have received from the Investorsacross the Country.
It also gives me an immense pleasure to share with you all that your Company alsoentered into new business activities such as
- Started Air Cargo Transportation Services we have got IATA license.
- Started exclusive services for African Continent serving 16 Ports in Africa
- Started CIS and Russia sector for various project with full load container.
- Become partner with amozon.in last mile delivery business.
Your Company was also bags certain awards/ recognitions from the prestigiousinstitutions separate section forming part of this annual report for awards andrecognition.
With this the management of your Company we definitelyknows that success is theContinuous process and not a one time exercise.
As we all know that good better and best will never let it rest until your good isyour better and your better is your best. We have to grab opportunities in every possibleway supported by promptly and timely decision making which create the roadmap of successfor your organisation.
Talking about the Information Technology:
Your Company has invested significant resources in technological capabilities and hasdeveloped a scalable
Currently we are using E-freight suite for our processes. We are in the process ofdeveloping mobile applications for our customers for tracking their cargos from anywhereand at any place. Same will be operational in a short span of time.
The Growth phase as we are experiencing currently can hardly be running smoothlyunless we are backed up with the financial assistance of all our lending institutes. Theirassistance is and will be one of the most valued ones by the Company.
We firmly believe that our employees are key contributors to our business success. Toachieve this we focus on attracting and retaining the best possible talent. Company looksfor specific skill sets interests and backgrounds that would be an assets for its kind ofbusiness. Your Company have prudent mix of the experienced and young people which providedual advantage of stability and growth. Your Company has been able to retain the most ofthe talents as it can be known from the fact that its employee turnover is less than 4%.There are many employees in the organization who are there since the inception of theCompany.
Going forward we will continue to focus on our existing business and also at the sametime expand the business in order to achieve new height of success for your organisation.In overall terms the Company's focus will continue on profitable growth and alsoincreases ROCE i.e. Return on Capital Employed across businesses leading to maximisationof shareholders wealth and returns.
I would like to take this opportunity to thank all those who have supported and guidedus throughout the years and all these would not have been possible without the support ofall the stakeholders i.e. our customers employees partners shareholders businessassociates and society at large for their tremendous faith in us.
Keep Challenging Yourself!
With Warm Regards
Sanjiv Arvind Potnis