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Snowman Logistics Ltd share Price Today

Company details

70.20
74.60
42.20
84.90
6M Return 19.64%
1Y Return 70.72%
Mkt Cap.(Cr) 1,229.43
Volume 2,658,605
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,658,605

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Transportation & Logistics company Snowman Logistics announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • During the quarter ended March 31, 2024, Snowman Logistics Ltd (“Company”) recorded revenue of Rs 126.54 crore as against Rs 112.35 crore for the same period in the previous year.
  • EBITDA increased to Rs 29.86 crore from Rs 25.56 crore for the same period in the previous year and PAT during the quarter was Rs 2.15 crore as against Rs 5.10 crore in the corresponding quarter of the previous year.

FY24 Financial Highlights:

  • On an annual basis, Company recorded revenue of Rs 503.37 crore as against Rs 417.65 crore during the previous year.
  • EBITDA increased to Rs 108.32 crore from Rs 96.07 crore and PAT during the year was Rs 12.71 crore as against Rs 13.40 Crore during the previous year. The reason for decline in PAT is due to the deferred tax asset reversal of Rs 4.34 crore which is not a cash outflow.

Speaking about the performance, Sunil Nair, CEO, Snowman Logistics Limited said, "We are happy with the result which is in line with our plans. Surpassing the threshold of Rs 500 crore in revenue and Rs 100 crore in EBTIDA helps us look at larger numbers in the near future. Construction at our Kolkata and Lucknow projects is on track and these facilities are expected to be operational in Q2 of this year."

Prem Kishan Dass Gupta, Chairman, Snowman Logistics Limited commented, “I am proud to announce that our company has performed exceptionally well, reflecting the fastgrowing demand in the cold chain logistics industry. Our state-of-the-art infrastructure and exemplary services have established us as the foremost provider in the nation, a distinction consistently acknowledged by our esteemed customers.

Moving forward, we are resolutely committed to continued investment in additional locations and the expansion of our network, ensuring our sustained leadership in this dynamic sector.”

Result PDF

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Snowman Logistics Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Company with Low Debt

Weakness (1)

  • Book Value Per Share deteriorating for last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 75.4
R2 77.2
R3 79.8
Pivot

72.79

S1 71.0
S2 68.4
S3 66.6
EMA SMA
67.7
67.6
67.0
62.7
66.6
67.8
69.5
63.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
HRTI PRIVATE LIMITED Bulk Purchase 2024-02-21 82 758710 NSE
HRTI PRIVATE LIMITED Bulk Sell 2024-02-21 82.15 848608 NSE
HRTI PRIVATE LIMITED Bulk Purchase 2024-02-20 82.46 1640222 NSE
Name Category Shares
Gateway Distriparks Limited PROMOTER 45.24%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
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Profit after Tax
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Debt/Equity
P BV

Snowman Logistics Ltd Stocks COMPARISON

Financials( in Cr) Snowman Logistics Ltd Container Corporation Of India Ltd Delhivery Ltd Blue Dart Express Ltd TVS Supply Chain Solutions Ltd
Price 73.58 1,139.85 406.45 7,938.55 174.71
% Change 4.25 -0.04 3.32 -1.94 -0.12
Mcap Cr 1,229.43 69,450.38 29,946.63 18,836.59 7,690.02
Revenue TTM Cr 417.65 8,310.36 7,225.30 5,172.22 10,235.38
Net Profit TTM Cr 13.40 1,173.47 -1,007.78 370.53 41.76
PE TTM 96.87 55.07 0.00 62.55 0.00
1 Year Return 70.72 75.08 6.07 19.29 -13.08
ROCE 5.85 13.73 0.00 26.91 5.82
ROE 2.63 10.68 0.00 36.12 3.77
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 421.63 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05

Snowman Logistics Ltd Information

Stock PE (TTM)
96.87
Promoter Holding
45.24%
Book Value
25.0202
ROCE
5.85%
ROE
2.63%
Description
  • Snowman Logistics Limited is engaged in the business of providing integrated cold chain solution to users in India. The company`s infrastructure comprises of compartmentalized temperature - controlled warehouses in all major cities of the country and a fleet of temperature controlled trucks. The company is focused on its core business of temperature controlled warehousing for frozen and chilled products with transportation division acting as an enabler. The company with its one lakh plus pallets of warehousing capacity spread across the country and fleet of 293 trucks traversing the length and breadth of the country is in a unique leadership position. Snowman Logistics Ltd was incorporated as Snowman Frozen Foods Limited on March 17, 1993 as a public limited company. The company was originally promoted by Amalgam Foods Limited. In 1997, Hindustan Unilever Limited (then, Brooke Bond (India) Limited) acquired 23% of the company`s equity share capital. In 2001, the Mitsubishi Group acquired a majority stake of the company. Subsequently, in 2003, Nichirei Corporation acquired 15% of the company`s equity share capital which was thereafter assigned to Nichirei Logistics Group Inc. in 2005. In 2006, Promoter of the company acquired the majority stake of the company by acquiring 6,861,000 shares held by Amalgam Foods Limited and by subscribing to fresh shares issued by the company. Consequently, Promoter of the company held 33.34% of the company`s equity share capital. In 2010, IFC acquired 20,570,000 equity shares of the Company. Subsequently, on March 17, 2011, the name of the company was changed to Snowman Logistics Limited pursuant to a new certificate of incorporation. The change in name was to better capture the nature of the business of the company. In 2013, NVP acquired 17,142,857 shares of the Company. On August 2, 2014, Promoter of the company acquired 5,142,500 of the shares held by IFC and on March 11, 2014, promoter acquired 7,400,000 shares from Nichirei. The total promoter shareholding in the company stood at 40.25% as on 30 September 2018. Snowman commenced its business as a trader of frozen marine products and in Fiscal 1998, the company commenced cold storage operations at 4 (four) locations. It has, since then, expanded its operations to become an integrated temperature controlled logistics service provider with an ability to service customers on a pan-India basis. Snowman`s warehousing solutions cover the complete spectrum of temperature ranges from ambient to chilled and frozen. The company offers blast freezing facilities at its temperature controlled warehouses in Bengaluru, Mevalurkuppam, (near Chennai), Visakhapatnam, Serampore (near Kolkata), Taloja (near Mumbai), Ahmedabad, Palwal (near Delhi), Mubarakpur (near Chandigarh) and Surat. The company`s integrated Source to Stores` operations comprise warehousing, primary distribution and secondary distribution and value-added services including kitting, labelling, sorting and bulk breaking. The company`s total warehousing capacity of 98,500 pallets comprised of 30 temperature controlled warehouses across 15 locations as on 31 March 2016. As of 31 March 2016, it also operated a fleet of 300 Reefer vehicles. A majority of its temperature controlled warehouses are ISO 14001 (TUV-SUD), ISO 22000 (TUV-SUD) and Foods and Safety Standards Authority of India (FSSA) certified. In August 2014, the company completed its highly successful Initial Public Offering of 42,006,038 Equity Shares of Rs. 10/- each at a premium of Rs. 37/- per Equity Share aggregating to Rs. 47/- per Equity Share. The total size of the issue was Rs. 1,974,283,786. The Initial Public Offer was oversubscribed to the extent ~60 times. The bid/issue was opened on 26 August 2014 and closed on 28 August 2014. The Equity shares of the Company were listed on both National Stock Exchange of India Limited and BSE Limited since 12 September 2014. During the financial year ended 31 March 2015, the company added warehousing capacities at Mumbai, Chennai, Bhubaneswar, Pune, Surat and Visakhapatnam, taking the total installed capacity from 61,700 pallets at the start of the year to 85,500 pallets which is a growth of 39%. In the transportation division the fleet size increased from 370 to 501 trucks during the year representing a growth of 35%. During the financial year ended 31 March 2016, the company added warehousing capacities at Mumbai, Bangalore and Jaipur taking the total installed capacity from 85,500 pallets at the start of the year to 98,500 pallets which is a growth of 15%. During the year ended 31 March 2017, the company crossed 1 lakh pallet capacity with the commencement of operations at the Cochin Warehouse, reconfirming its position as the market leader in the temperature controlled logistics industry. The company purchased a land parcel from Gateway Distriparks Limited for Rs. 2.03 crore at Krishnapatanam. With inauguration of the 3,600 Pallet warehouse at Krishnapatnam during the year ended 31 March 2018, the company`s capacity increased to 1,06,964 pallets. This has further strengthened the company`s position as a market leader in the industry. Temperature controlled warehousing continued to be the core strength of the Company and the focus area of our business due to its huge potential. The second vertical of the Company viz transportation functioned as an enabler to provide a one stop solution to the temperature controlled logistics requirement of our clients. During the year under review, the company entered into Rental Agreement with Gateway Distriparks Limited for Rs 5.5 Lakhs at Krishnapatnam.

Registered Address

P No M-8 Taloja Indl Area, MIDC Raigad, Navi Mumbai, Maharashtra, 410206

Tel : 91-022-39272010
Email : info:snowman.in; sundar:snowman.in; investorrelati
Website : http://www.snowman.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 538635
NSE Code : SNOWMAN
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE734N01019

FAQ’s on Snowman Logistics Ltd Shares

You can buy Snowman Logistics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Snowman Logistics Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:57 PM the closing price of Snowman Logistics Ltd was Rs.73.58.

The latest PE ratio of Snowman Logistics Ltd as of Jun 14, 2024 03:57 PM is 96.87

The latest PB ratio of Snowman Logistics Ltd as of Jun 14, 2024 03:57 PM is 0.34

The 52-week high of Snowman Logistics Ltd share price is Rs. 84.90 while the 52-week low is Rs. 42.20

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:57 PM, the market cap of Snowman Logistics Ltd stood at Rs. 1,229.43.

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