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 ₹ 837 Cr.
- Current Price ₹ 50.1
- High / Low ₹ 57.8 / 30.2
- Stock P/E 56.2
- Book Value ₹ 25.2
- Dividend Yield 2.00 %
- 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 1.50% over last quarter.
Cons
- 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 | 459 | |
49 | 87 | 115 | 156 | 176 | 153 | 150 | 174 | 179 | 172 | 216 | 329 | 366 | |
Operating Profit | 13 | 26 | 38 | 47 | 49 | 36 | 44 | 59 | 61 | 65 | 70 | 89 | 93 |
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 | 22 |
Depreciation | 6 | 9 | 15 | 25 | 30 | 39 | 40 | 41 | 51 | 49 | 51 | 52 | 53 |
Profit before tax | 10 | 15 | 14 | 15 | 12 | -15 | -4 | 11 | -6 | 2 | 4 | 22 | 25 |
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 | 15 | |
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 | 0.89 |
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: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | -6% |
5 Years: | 29% |
3 Years: | 40% |
TTM: | 401% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 12% |
1 Year: | 39% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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
- Closure of Trading Window 11h
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 21 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 20 Sep
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Announcement under Regulation 30 (LODR)-Meeting Updates
20 Sep - Summary of the proceedings of the 30th Annual General Meeting of the company held on September 20, 2023, through VC/OAC Mode.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Sep
Annual reports
Concalls
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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]