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 ₹ 1,110 Cr.
- Current Price ₹ 66.4
- High / Low ₹ 84.9 / 34.4
- Stock P/E 70.9
- Book Value ₹ 25.2
- Dividend Yield 1.50 %
- ROCE 5.86 %
- ROE 2.63 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.4% CAGR over last 5 years
- Promoter holding has increased by 0.97% over last quarter.
Cons
- Stock is trading at 2.63 times its book value
- Company has a low return on equity of 0.98% 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
61 | 114 | 153 | 203 | 225 | 189 | 194 | 233 | 240 | 237 | 286 | 418 | 489 | |
49 | 87 | 115 | 156 | 176 | 153 | 150 | 174 | 179 | 172 | 216 | 329 | 393 | |
Operating Profit | 13 | 26 | 38 | 47 | 49 | 36 | 44 | 59 | 61 | 65 | 70 | 89 | 96 |
OPM % | 21% | 23% | 25% | 23% | 22% | 19% | 23% | 25% | 26% | 27% | 25% | 21% | 20% |
3 | 1 | 2 | 5 | 3 | -2 | 4 | 3 | 3 | 3 | 4 | 8 | 8 | |
Interest | 0 | 2 | 11 | 12 | 9 | 11 | 12 | 10 | 20 | 17 | 18 | 22 | 23 |
Depreciation | 6 | 9 | 15 | 25 | 30 | 39 | 40 | 41 | 51 | 49 | 51 | 52 | 57 |
Profit before tax | 10 | 15 | 14 | 15 | 12 | -15 | -4 | 11 | -6 | 2 | 4 | 22 | 24 |
Tax % | 35% | -30% | -64% | -68% | -75% | 68% | 0% | 10% | -138% | 98% | 58% | 38% | |
6 | 20 | 22 | 25 | 21 | -5 | -4 | 10 | -15 | 0 | 2 | 13 | 16 | |
EPS in Rs | 0.62 | 1.93 | 1.81 | 1.48 | 1.23 | -0.30 | -0.21 | 0.58 | -0.90 | 0.00 | 0.10 | 0.80 | 0.94 |
Dividend Payout % | 0% | 0% | 0% | 34% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 94% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 17% |
3 Years: | 20% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | 29% |
3 Years: | 40% |
TTM: | 94% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 10% |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | 3% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 103 | 103 | 124 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 167 | 167 |
Reserves | 6 | 26 | 97 | 251 | 266 | 262 | 258 | 268 | 253 | 253 | 255 | 255 |
0 | 95 | 146 | 90 | 146 | 138 | 131 | 93 | 201 | 220 | 265 | 258 | |
12 | 20 | 21 | 40 | 43 | 31 | 33 | 34 | 21 | 27 | 40 | 45 | |
Total Liabilities | 121 | 243 | 388 | 548 | 622 | 598 | 590 | 562 | 642 | 667 | 728 | 725 |
74 | 157 | 250 | 337 | 441 | 448 | 444 | 413 | 507 | 461 | 543 | 517 | |
CWIP | 11 | 32 | 42 | 23 | 27 | 5 | 1 | 0 | 0 | 20 | 2 | 8 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 43 |
36 | 54 | 96 | 189 | 154 | 146 | 145 | 148 | 135 | 185 | 182 | 155 | |
Total Assets | 121 | 243 | 388 | 548 | 622 | 598 | 590 | 562 | 642 | 667 | 728 | 725 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11 | 14 | 15 | 52 | 39 | 49 | 37 | 53 | 56 | 71 | 69 | 86 | |
-26 | -113 | -116 | -90 | -138 | -28 | -27 | -11 | -4 | -41 | -99 | -42 | |
-0 | 93 | 111 | 106 | 37 | -23 | -20 | -52 | -51 | 0 | 17 | -58 | |
Net Cash Flow | -15 | -7 | 9 | 68 | -63 | -2 | -10 | -10 | 1 | 30 | -14 | -13 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 75 | 82 | 94 | 87 | 91 | 68 | 83 | 81 | 84 | 81 | 86 | 63 |
Inventory Days | 35 | |||||||||||
Days Payable | 153 | |||||||||||
Cash Conversion Cycle | 75 | 82 | 94 | 87 | 91 | 68 | 83 | 81 | 84 | 81 | 86 | -55 |
Working Capital Days | 36 | 34 | 30 | -0 | 17 | -14 | -31 | -5 | 30 | 56 | 51 | 42 |
ROCE % | 9% | 11% | 8% | 6% | 4% | -0% | 1% | 4% | 2% | 3% | 3% | 6% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
30 Apr - Mr. Kiran P George resigned as Company Secretary and Compliance Officer of the Company with effect from 30th April 2024.
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Appointment of Company Secretary and Compliance Officer
30 Apr - Appointment of Mr. Sohan Singh Dhakad as the Company Secretary and Compliance Officer of the Company.
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Announcement under Regulation 30 (LODR)-Credit Rating
30 Apr - India Ratings and Research Private Limited ("India Ratings") vide their letter dated 29th April 2024has affirmed the credit rating to Snowman Logistics Limited.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
18 Apr - The officials of the Company will be attending the Analyst/investor call which will be held on 23rd April, 2024.
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024. 12 Apr
Annual reports
Concalls
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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]