SNOWMAN
Snowman Logistics Limited
Cold chain logistics services for food and pharmaceutical products under Gateway Distriparks
Services›Services›Transport Services›Logistics Solution Provider
snowman.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹34.40
Market cap
575 Cr
Stock P/E
108.3
P/B
1.43
Dividend yield
1.5%
ROE (FY26)
0.8%
ROCE (FY26)
4.9%
Operating margin (FY26)
3.9%
Debt / equity (FY26)
0.23
OCF / EBITDA (FY26)
108.2%
OCF / EBITDA (3Y)
89.3%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
Snowman Logistics (Snowman) provides temperature-controlled warehousing, transportation and trading and distribution for food, healthcare, e-commerce and other customers across India, and describes itself as an industry leader in cold chain logistics and supply chain.
Company snapshot
21stBy market cap
Ranked among 34 companies in Logistics Solution Provider.
Segment mix
Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.
Largest segment: 40.9% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Consignment agency Services and others | — | 0 Cr | 2 Cr | 84 Cr |
| Trading and distribution | 32.2% | 42 Cr | 2 Cr | 22 Cr |
| Transportation Services | 26.9% | 35 Cr | 0.53 Cr | 66 Cr |
| Warehousing Services | 40.9% | 54 Cr | 6 Cr | 598 Cr |
What we see
Positives
- ✓89% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
- ✗Net margin is very thin at 0.5% — little room for error if costs rise.
3 more signals from the filings.Sign in free to see them all
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 20251 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 124 Cr | 124 Cr | 127 Cr | 140 Cr | 143 Cr | 132 Cr | 137 Cr | 163 Cr | 156 Cr | 144 Cr | 142 Cr | 178 Cr |
| Operating expenses (approx.) | 100 Cr | 98 Cr | 100 Cr | 117 Cr | 121 Cr | 112 Cr | 113 Cr | 138 Cr | 136 Cr | 121 Cr | 119 Cr | 149 Cr |
| EBITDA | 24 Cr | 26 Cr | 27 Cr | 23 Cr | 22 Cr | 20 Cr | 24 Cr | 24 Cr | 20 Cr | 23 Cr | 24 Cr | 29 Cr |
| OPM % | 19.4% | 21.2% | 21.3% | 16.7% | 15.4% | 15.0% | 17.6% | 15.0% | 12.8% | 15.8% | 16.7% | 16.1% |
| Other income | 2 Cr | 1 Cr | 3 Cr | 0.77 Cr | 1 Cr | 2 Cr | 0.33 Cr | 0.74 Cr | 0.57 Cr | 1 Cr | 1 Cr | 0.70 Cr |
| Interest | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 6 Cr | 7 Cr | 7 Cr | 7 Cr | 7 Cr |
| Depreciation | 15 Cr | 15 Cr | 16 Cr | 16 Cr | 16 Cr | 16 Cr | 15 Cr | 16 Cr | 17 Cr | 17 Cr | 17 Cr | 17 Cr |
| Profit before tax | 5 Cr | 7 Cr | 8 Cr | 3 Cr | 0.84 Cr | -0.62 Cr | 3 Cr | 4 Cr | -4 Cr | -3 Cr | 0.92 Cr | 7 Cr |
| Tax % | 37.1% | 35.0% | 72.6% | 28.9% | 27.1% | 0.7% | — | 35.6% | 31.1% | 41.4% | -503.3% | 35.4% |
| Net profit | 3 Cr | 4 Cr | 2 Cr | 2 Cr | 0.61 Cr | -0.61 Cr | 4 Cr | 3 Cr | -3 Cr | -2 Cr | 6 Cr | 5 Cr |
| EPS (₹) | ₹0.18 | ₹0.25 | ₹0.13 | ₹0.11 | ₹0.03 | ₹0.05 | — | ₹0.15 | ₹-0.17 | ₹-0.12 | ₹0.32 | ₹0.27 |
- 1Mar 2025: Derived from year-to-date: the year to 31 Mar 2025 less the quarters to 30 Jun 2024, 30 Sep 2024 and 31 Dec 2024; the filing gives no figures for this quarter alone
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 189 Cr | 194 Cr | 233 Cr | 240 Cr | 237 Cr | 286 Cr | 418 Cr | 503 Cr | 553 Cr | 604 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 153 Cr | 150 Cr | 174 Cr | 180 Cr | 172 Cr | 216 Cr | 329 Cr | 402 Cr | 463 Cr | 513 Cr | Sign in free for the trailing twelve months |
| EBITDA | 36 Cr | 44 Cr | 59 Cr | 60 Cr | 65 Cr | 70 Cr | 89 Cr | 102 Cr | 89 Cr | 91 Cr | Sign in free for the trailing twelve months |
| OPM % | 19.2% | 22.9% | 25.4% | 25.1% | 27.4% | 24.4% | 21.2% | 20.2% | 16.2% | 15.0% | Sign in free for the trailing twelve months |
| Other income | 0.79 Cr | 4 Cr | 3 Cr | 3 Cr | 3 Cr | 4 Cr | 8 Cr | 7 Cr | 4 Cr | 4 Cr | Sign in free for the trailing twelve months |
| Interest | 11 Cr | 12 Cr | 10 Cr | 20 Cr | 17 Cr | 18 Cr | 22 Cr | 24 Cr | 24 Cr | 27 Cr | Sign in free for the trailing twelve months |
| Depreciation | 39 Cr | 40 Cr | 41 Cr | 50 Cr | 49 Cr | 51 Cr | 52 Cr | 59 Cr | 63 Cr | 68 Cr | Sign in free for the trailing twelve months |
| Profit before tax | -15 Cr | -4 Cr | 11 Cr | -6 Cr | 2 Cr | 4 Cr | 22 Cr | 25 Cr | 6 Cr | -3 Cr | Sign in free for the trailing twelve months |
| Tax % | 68.2% | 0.0% | 10.5% | -137.7% | 97.5% | 58.1% | 37.7% | 49.7% | 5.1% | 229.0% | Sign in free for the trailing twelve months |
| Net profit | -5 Cr | -4 Cr | 10 Cr | -15 Cr | 0.06 Cr | 2 Cr | 13 Cr | 13 Cr | 6 Cr | 3 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹-0.30 | ₹0.21 | ₹0.58 | ₹-0.90 | ₹0.00 | ₹0.10 | ₹0.80 | ₹0.76 | ₹0.34 | ₹0.20 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.0% | 0.0% | 93.6% | 131.5% | 293.6% | 253.0% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr |
| Reserves | 262 Cr | 258 Cr | 268 Cr | 253 Cr | 253 Cr | 255 Cr | 255 Cr | 251 Cr | 240 Cr | 235 Cr |
| Borrowings | 109 Cr | 88 Cr | 58 Cr | 43 Cr | 72 Cr | 121 Cr | 105 Cr | 96 Cr | 131 Cr | 93 Cr |
| Other liabilities | 60 Cr | 77 Cr | 68 Cr | 179 Cr | 175 Cr | 185 Cr | 198 Cr | 232 Cr | 234 Cr | 284 Cr |
| Total liabilities | 598 Cr | 590 Cr | 562 Cr | 642 Cr | 667 Cr | 728 Cr | 725 Cr | 746 Cr | 771 Cr | 779 Cr |
| Fixed assets (net) | 448 Cr | 444 Cr | 413 Cr | 367 Cr | 332 Cr | 419 Cr | 391 Cr | 377 Cr | 365 Cr | 408 Cr |
| CWIP | 5 Cr | 0.79 Cr | 0.20 Cr | 0.14 Cr | 20 Cr | 2 Cr | 8 Cr | 14 Cr | 53 Cr | 0.07 Cr |
| Investments | — | — | 0 Cr | 0 Cr | 0 Cr | 1.00 Cr | 43 Cr | 35 Cr | 0 Cr | 0 Cr |
| Loans & advances | — | — | 0.0081 Cr | 0.0081 Cr | 0.0081 Cr | 0.04 Cr | 0.0081 Cr | 0 Cr | 0 Cr | 0 Cr |
| Inventories | — | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 8 Cr | 12 Cr | 15 Cr | 13 Cr |
| Trade receivables | 35 Cr | 44 Cr | 52 Cr | 56 Cr | 52 Cr | 67 Cr | 72 Cr | 83 Cr | 91 Cr | 0 Cr |
| Cash & bank | 19 Cr | 9 Cr | 2 Cr | 2 Cr | 31 Cr | 16 Cr | 2 Cr | 8 Cr | 4 Cr | 0 Cr |
| Other assets | 92 Cr | 92 Cr | 94 Cr | 218 Cr | 231 Cr | 222 Cr | 201 Cr | 218 Cr | 243 Cr | 357 Cr |
| Total assets | 598 Cr | 590 Cr | 562 Cr | 642 Cr | 667 Cr | 728 Cr | 725 Cr | 746 Cr | 771 Cr | 779 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 49 Cr | 37 Cr | 53 Cr | 56 Cr | 71 Cr | 69 Cr | 87 Cr | 88 Cr | 65 Cr | 98 Cr |
| Cash from investing | -28 Cr | -27 Cr | -11 Cr | -4 Cr | -41 Cr | -99 Cr | -42 Cr | -24 Cr | -52 Cr | -28 Cr |
| Cash from financing | -23 Cr | -20 Cr | -52 Cr | -51 Cr | 0.12 Cr | 17 Cr | -58 Cr | -59 Cr | -17 Cr | -62 Cr |
| Net cash flow | -2 Cr | -10 Cr | -10 Cr | 1 Cr | 30 Cr | -14 Cr | -13 Cr | 5 Cr | -3 Cr | 8 Cr |
| Free cash flow (OCF − Capex) | 21 Cr | 6 Cr | 39 Cr | 52 Cr | 40 Cr | -34 Cr | 69 Cr | 52 Cr | -22 Cr | 69 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | -0.8% | 1.6% | 4.3% | 2.9% | 4.0% | 4.1% | 8.3% | 9.5% | 5.7% | 4.9% |
| ROE % | -1.1% | -0.8% | 2.2% | -3.6% | 0.0% | 0.4% | 3.2% | 3.0% | 1.4% | 0.8% |
| Debtor days | 68 | 83 | 81 | 84 | 81 | 86 | 62 | 60 | 60 | 0 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 7 | 9 | 10 | 8 |
| Days payable | 25 | 28 | 29 | 23 | 31 | 43 | 29 | 27 | 25 | 27 |
| Cash conversion cycle | 43 | 55 | 52 | 61 | 50 | 43 | 40 | 42 | 44 | -19 |
| OCF / EBITDA % | 135.9% | 82.5% | 90.2% | 92.4% | 108.8% | 98.8% | 98.2% | 86.5% | 73.3% | 108.2% |
| OCF / EBITDA % (3 years) | — | — | 99.7% | 88.9% | 97.5% | 100.2% | 101.5% | 93.8% | 86.0% | 89.3% |
| Debt / equity | 0.26 | 0.21 | 0.13 | 0.10 | 0.17 | 0.29 | 0.25 | 0.23 | 0.32 | 0.23 |
| Current ratio | 1.24 | 0.90 | 0.95 | 1.30 | 2.51 | 1.86 | 1.76 | 3.27 | 1.30 | 1.33 |
| Net debt / EBITDA | 2.49 | — | 0.95 | 0.68 | 0.63 | 1.51 | 1.16 | 0.87 | 1.41 | 1.03 |