Snowman Logistics Ltd

NSE
SNOWMAN •
BUY

1W Return

-%

1M Return

-%

6M Return

-%

1Y Return

-%

3Y Return

-%

Start SIP in Snowman Logistics Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High in past week
35.4
TTM PE Ratio
High in industry
85.8
Price to Book Ratio
Above industry Median
3.2
Dividend yield 1yr %
Market Leader
1.2
TTM PEG Ratio
PEG TTM is less than 1
0.9
RSI
RSI is mid-range
65.4
MFI
MFI Overbought
75.3

Snowman Logistics Ltd shareholding Pattern

Promoter
44.3%
Foreign Institutions
3.3%
Domestic Institutions
1%
Public
51.4%

Snowman Logistics Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
78.60
10Day EMA
75.80
12Day EMA
75.00
20Day EMA
73.30
26Day EMA
72.40
50Day EMA
69.10
100Day EMA
63.60
200Day EMA
56.30
Delivery & Volume
Resistance & Support
81.08
Pivot
Resistance
First Resistance
82.82
Second Resistance
85.28
Third Resistance
87.02
Support
First Support
78.62
Second support
76.88
Third Support
74.42
Relative Strength Index
65.38
Money Flow Index
75.33
MACD
2.67
MACD Signal
1.45
Average True Range
4.52
Average Directional Index
23.61
Rate of Change (21)
14.21
Rate of Change (125)
52.03

Snowman Logistics Ltd Company background

Founded in: 1993
Snowman Logistics Limited is engaged in the business of providing integrated cold chain solution to users in India. The companys infrastructure comprises of compartmentalized temperature controlled warehouses in all major cities of the country and a fleet of temperature controlled trucks. The company is focused on its core business of temperature controlled warehousing for frozen and chilled products with transportation division acting as an enabler. The company with its one lakh plus pallets of warehousing capacity spread across the country and fleet of 293 trucks traversing the length and breadth of the country is in a unique leadership position.Snowman Logistics Ltd was incorporated as Snowman Frozen Foods Limited on March 17, 1993 as a public limited company. The company was originally promoted by Amalgam Foods Limited. In 1997, Hindustan Unilever Limited (then, Brooke Bond (India) Limited) acquired 23% of the companys equity share capital. In 2001, the Mitsubishi Group acquired a majority stake of the company. Subsequently, in 2003, Nichirei Corporation acquired 15% of the companys equity share capital which was thereafter assigned to Nichirei Logistics Group Inc. in 2005.In 2006, Promoter of the company acquired the majority stake of the company by acquiring 6,861,000 shares held by Amalgam Foods Limited and by subscribing to fresh shares issued by the company. Consequently, Promoter of the company held 33.34% of the companys equity share capital. In 2010, IFC acquired 20,570,000 equity shares of the Company. Subsequently, on March 17, 2011, the name of the company was changed to Snowman Logistics Limited pursuant to a new certificate of incorporation. The change in name was to better capture the nature of the business of the company. In 2013, NVP acquired 17,142,857 shares of the Company. On August 2, 2014, Promoter of the company acquired 5,142,500 of the shares held by IFC and on March 11, 2014, promoter acquired 7,400,000 shares from Nichirei. The total promoter shareholding in the company stood at 40.25% as on 30 September 2018.Snowman commenced its business as a trader of frozen marine products and in Fiscal 1998, the company commenced cold storage operations at 4 (four) locations. It has, since then, expanded its operations to become an integrated temperature controlled logistics service provider with an ability to service customers on a panIndia basis.Snowmans warehousing solutions cover the complete spectrum of temperature ranges from ambient to chilled and frozen. The company offers blast freezing facilities at its temperature controlled warehouses in Bengaluru, Mevalurkuppam, (near Chennai), Visakhapatnam, Serampore (near Kolkata), Taloja (near Mumbai), Ahmedabad, Palwal (near Delhi), Mubarakpur (near Chandigarh) and Surat. The companys integrated Source to Stores operations comprise warehousing, primary distribution and secondary distribution and valueadded services including kitting, labelling, sorting and bulk breaking.The companys total warehousing capacity of 98,500 pallets comprised of 30 temperature controlled warehouses across 15 locations as on 31 March 2016. As of 31 March 2016, it also operated a fleet of 300+ Reefer vehicles. A majority of its temperature controlled warehouses are ISO 14001 (TUVSUD), ISO 22000 (TUVSUD) and Foods and Safety Standards Authority of India (FSSA) certified. In August 2014, the company completed its highly successful Initial Public Offering of 42,006,038 Equity Shares of Rs. 10/ each at a premium of Rs. 37/ per Equity Share aggregating to Rs. 47/ per Equity Share. The total size of the issue was Rs. 1,974,283,786. The Initial Public Offer was oversubscribed to the extent 60 times. The bid/issue was opened on 26 August 2014 and closed on 28 August 2014. The Equity shares of the Company were listed on both National Stock Exchange of India Limited and BSE Limited since 12 September 2014.During the financial year ended 31 March 2015, the company added warehousing capacities at Mumbai, Chennai, Bhubaneswar, Pune, Surat and Visakhapatnam, taking the total installed capacity from 61,700 pallets at the start of the year to 85,500 pallets which is a growth of 39%. In the transportation division the fleet size increased from 370 to 501 trucks during the year representing a growth of 35%.During the financial year ended 31 March 2016, the company added warehousing capacities at Mumbai, Bangalore and Jaipur taking the total installed capacity from 85,500 pallets at the start of the year to 98,500 pallets which is a growth of 15%.During the year ended 31 March 2017, the company crossed 1 lakh pallet capacity with the commencement of operations at the Cochin Warehouse, reconfirming its position as the market leader in the temperature controlled logistics industry. The company purchased a land parcel from Gateway Distriparks Limited for Rs. 2.03 crore at Krishnapatanam.With inauguration of the 3,600 Pallet warehouse at Krishnapatnam during the year ended 31 March 2018, the companys capacity increased to 1,06,964 pallets. This has further strengthened the companys position as a market leader in the industry. Temperature controlled warehousing continued to be the core strength of the Company and the focus area of our business due to its huge potential. The second vertical of the Company viz transportation functioned as an enabler to provide a one stop solution to the temperature controlled logistics requirement of our clients.During the year under review, the company entered into Rental Agreement with Gateway Distriparks Limited for Rs 5.5 Lakhs at Krishnapatnam.
Read More

Snowman Logistics Ltd FAQs

Snowman Logistics Ltd shares are currently priced at 80.35 on NSE and 80.27 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Snowman Logistics Ltd [SNOWMAN] share was 144.96. The Snowman Logistics Ltd [SNOWMAN] share hit a 1-year low of Rs. 30.3 and a 1-year high of Rs. 84.9.

The market cap of Snowman Logistics Ltd is Rs. 1342.55 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Snowman Logistics Ltd is 85.39 as of 2/22/2024 12:00:00 AM.

The PB ratios of Snowman Logistics Ltd is 3.26 as of 2/22/2024 12:00:00 AM

You can easily buy Snowman Logistics Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

Open Demat Account
or Resume your Application
+91 -

personImage