Snowman Logistics Ltd

Snowman Logistics Ltd

₹ 73.3 0.62%
28 Mar - close price
About

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.

Key Points

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]

  • Market Cap 1,222 Cr.
  • Current Price 73.3
  • High / Low 84.9 / 31.7
  • Stock P/E 78.0
  • Book Value 25.2
  • Dividend Yield 1.36 %
  • 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 1.27% over last quarter.

Cons

  • Stock is trading at 2.90 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

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
60.18 64.11 66.06 70.07 73.40 76.63 87.29 108.62 109.39 112.35 128.77 124.02 124.05
43.67 47.31 49.22 52.09 55.15 59.99 67.21 85.54 85.67 90.67 104.55 100.01 97.72
Operating Profit 16.51 16.80 16.84 17.98 18.25 16.64 20.08 23.08 23.72 21.68 24.22 24.01 26.33
OPM % 27.43% 26.20% 25.49% 25.66% 24.86% 21.71% 23.00% 21.25% 21.68% 19.30% 18.81% 19.36% 21.23%
0.95 1.00 0.52 1.05 1.15 1.36 1.18 1.03 1.42 3.88 1.20 1.53 1.17
Interest 3.99 4.38 4.01 4.21 4.83 5.40 5.41 5.69 5.63 5.49 5.60 6.05 5.86
Depreciation 12.05 11.92 12.15 12.81 13.52 12.86 12.79 13.26 13.21 13.10 13.61 14.83 15.10
Profit before tax 1.42 1.50 1.20 2.01 1.05 -0.26 3.06 5.16 6.30 6.97 6.21 4.66 6.54
Tax % 0.00% 128.00% 50.00% 76.62% 21.90% 19.23% 38.56% 48.26% 40.79% 26.83% 45.57% 37.12% 35.02%
1.42 -0.42 0.60 0.47 0.83 -0.22 1.89 2.67 3.74 5.10 3.38 2.93 4.25
EPS in Rs 0.08 -0.03 0.04 0.03 0.05 -0.01 0.11 0.16 0.22 0.31 0.20 0.18 0.25
Raw PDF

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: 17%
3 Years: 17%
1 Year: 130%
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%

Shareholding Pattern

Numbers in percentages

33 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
40.25% 40.25% 40.25% 40.25% 40.25% 40.25% 40.25% 40.25% 40.25% 41.75% 43.00% 44.27%
1.70% 1.74% 1.76% 1.68% 1.74% 1.85% 1.93% 2.16% 1.93% 1.96% 2.32% 3.30%
0.00% 0.00% 0.00% 0.00% 0.39% 0.55% 0.55% 0.55% 0.55% 0.78% 1.01% 1.04%
58.05% 58.01% 57.99% 58.07% 57.62% 57.35% 57.28% 57.04% 57.27% 55.52% 53.67% 51.39%
No. of Shareholders 1,25,7021,49,6301,40,6761,35,8271,31,9541,28,1951,25,2511,20,7021,17,1711,13,2651,06,3211,00,484

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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