Snowman Logistics Ltd
Snowman Logistics is engaged in the business of Temperature controlled logistics including, but not limited to storage, transportation by road, and distribution of products requiring a temperature controlled environment.
- Market Cap ₹ 1,134 Cr.
- Current Price ₹ 67.9
- High / Low ₹ 91.6 / 54.6
- Stock P/E 129
- Book Value ₹ 24.2
- Dividend Yield 1.47 %
- ROCE 6.72 %
- ROE 2.69 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 75.0%
- Promoter holding has increased by 1.18% over last quarter.
Cons
- Stock is trading at 2.81 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.88% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Logistics Industry: Miscellaneous
Part of BSE Allcap BSE SmallCap BSE Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
114 | 153 | 203 | 225 | 189 | 194 | 233 | 240 | 237 | 286 | 418 | 503 | 534 | |
87 | 115 | 156 | 176 | 153 | 150 | 174 | 179 | 172 | 216 | 329 | 402 | 435 | |
Operating Profit | 26 | 38 | 47 | 49 | 36 | 44 | 59 | 61 | 65 | 70 | 89 | 102 | 99 |
OPM % | 23% | 25% | 23% | 22% | 19% | 23% | 25% | 26% | 27% | 25% | 21% | 20% | 18% |
1 | 2 | 5 | 3 | -2 | 4 | 3 | 3 | 3 | 4 | 8 | 7 | 6 | |
Interest | 2 | 11 | 12 | 9 | 11 | 12 | 10 | 20 | 17 | 18 | 22 | 24 | 24 |
Depreciation | 9 | 15 | 25 | 30 | 39 | 40 | 41 | 51 | 49 | 51 | 52 | 59 | 62 |
Profit before tax | 15 | 14 | 15 | 12 | -15 | -4 | 11 | -6 | 2 | 4 | 22 | 25 | 18 |
Tax % | -30% | -64% | -68% | -75% | -68% | 0% | 10% | 138% | 98% | 58% | 38% | 50% | |
20 | 22 | 25 | 21 | -5 | -4 | 10 | -15 | 0 | 2 | 13 | 13 | 9 | |
EPS in Rs | 1.93 | 1.81 | 1.48 | 1.23 | -0.30 | -0.21 | 0.58 | -0.90 | 0.00 | 0.10 | 0.80 | 0.76 | 0.53 |
Dividend Payout % | 0% | 0% | 34% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 94% | 131% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 17% |
3 Years: | 29% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | -7% |
5 Years: | 5% |
3 Years: | 509% |
TTM: | -42% |
Stock Price CAGR | |
---|---|
10 Years: | -5% |
5 Years: | 10% |
3 Years: | 20% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 0% |
3 Years: | 2% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 103 | 124 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 167 |
Reserves | 26 | 97 | 251 | 266 | 262 | 258 | 268 | 253 | 253 | 255 | 255 | 251 | 236 |
95 | 146 | 90 | 146 | 138 | 131 | 93 | 201 | 220 | 265 | 258 | 278 | 307 | |
20 | 21 | 40 | 43 | 31 | 33 | 34 | 21 | 27 | 40 | 45 | 51 | 57 | |
Total Liabilities | 243 | 388 | 548 | 622 | 598 | 590 | 562 | 642 | 667 | 728 | 725 | 746 | 768 |
157 | 250 | 337 | 441 | 448 | 444 | 413 | 507 | 461 | 543 | 517 | 525 | 516 | |
CWIP | 32 | 42 | 23 | 27 | 5 | 1 | 0 | 0 | 20 | 2 | 8 | 14 | 35 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 43 | 35 | 0 |
54 | 96 | 189 | 154 | 146 | 145 | 148 | 135 | 185 | 182 | 155 | 173 | 218 | |
Total Assets | 243 | 388 | 548 | 622 | 598 | 590 | 562 | 642 | 667 | 728 | 725 | 746 | 768 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 15 | 52 | 39 | 49 | 37 | 53 | 56 | 71 | 69 | 86 | 88 | |
-113 | -116 | -90 | -138 | -28 | -27 | -11 | -4 | -41 | -99 | -42 | -24 | |
93 | 111 | 106 | 37 | -23 | -20 | -52 | -51 | 0 | 17 | -58 | -59 | |
Net Cash Flow | -7 | 9 | 68 | -63 | -2 | -10 | -10 | 1 | 30 | -14 | -13 | 5 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 94 | 87 | 91 | 68 | 83 | 81 | 84 | 81 | 86 | 63 | 60 |
Inventory Days | 35 | 34 | ||||||||||
Days Payable | 153 | 104 | ||||||||||
Cash Conversion Cycle | 82 | 94 | 87 | 91 | 68 | 83 | 81 | 84 | 81 | 86 | -55 | -10 |
Working Capital Days | 34 | 30 | -0 | 17 | -14 | -31 | -5 | 30 | 56 | 51 | 42 | 41 |
ROCE % | 11% | 8% | 6% | 4% | -0% | 1% | 4% | 2% | 3% | 3% | 6% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Nov - Transcript of Q2 FY 2024-25 conference call released.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Copy of newspaper publication of results for the quarter and half year ended September 30, 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Nov - Audio recording of Q2 FY 2024-25 conference call.
- Announcement under Regulation 30 (LODR)-Investor Presentation 11 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Nov - Snowman Logistics reports Q2 FY 2024-25 financial results.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Jun 2023Transcript PPT
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Jan 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Apr 2022Transcript PPT
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Apr 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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May 2021TranscriptPPT
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Jan 2021Transcript PPT
Change in Business Model
After being acquired by Gateway Distriparks Ltd, the business model of the company was changed during the year 2016, the company discontinued its low-margin food division business and focused on temperature-controlled warehousing. They also changed the Distribution model from leasing vehicles to Owning their vehicles because of which the Margins have improved. [1]