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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Snowman Logistics Ltd

About the Company - Snowman Logistics Ltd

Snowman Logistics Ltd. is a Public Limited Listed company incorporated on 17/03/1993 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L15122MH1993PLC285633 and registration number is 285633. Currently Company is involved in the business activities of Warehousing of refrigerated (cold storage). Company’s Total Operating Revenue is Rs. 286.17 Cr. and Equity Capital is Rs. 167.09 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Logistics - Warehousing/Supply Chain/OthersPlot No.M-8, New Mumbai Maharashtra 410206investorrelations@snowman.in
http://www.snowman.in
Management
NamePosition Held
Mr. Prem Kishan Dass GuptaChairman
Mr. Sunil Prabhakaran NairWholeTime Director & CEO
Mr. Samvid GuptaDirector
Mr. Ishaan GuptaDirector
Mr. Anil AggarwalIndependent Director
Mr. Arun Kumar GuptaIndependent Director
Mr. Bhaskar Avula ReddyIndependent Director
Mrs. Vanita YadavIndependent Director

Snowman Logistics Ltd. Share Price Update

Share PriceValue
Today₹69.60
Previous Day₹72.02

Basic Stock Data of Snowman Logistics Ltd

Market Cap 1,231 Cr.
Current Price 73.6
High / Low79.3/30.2
Stock P/E78.6
Book Value 25.2
Dividend Yield1.33 %
ROCE5.86 %
ROE2.63 %
Face Value 10.0

Data Source: screener.in

Competitors of Snowman Logistics Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Patel Integrated Logistics Ltd 183 Cr. 28.229.1/10.534.9 18.50.35 %5.99 %4.17 % 10.0
VRL Logistics Ltd 5,148 Cr. 588799/53340.2 1040.83 %17.9 %39.7 % 10.0
Arshiya Ltd 249 Cr. 9.449.44/3.45 0.100.00 %2.49 %104 % 2.00
Allcargo Logistics Ltd 8,156 Cr. 83.098.0/61.458.8 25.80.96 %18.5 %20.1 % 2.00
TCI Express Ltd 4,589 Cr. 1,1971,701/1,19433.1 1720.67 %32.6 %24.6 % 2.00
Industry Average3,665.00 Cr381.1333.4064.080.56%15.50%38.51%5.20

Snowman Logistics Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales57.6960.1864.1166.0670.0773.4076.6387.29108.62109.39112.35128.77124.02
Expenses42.8943.6747.3149.2252.0955.1559.9967.2185.5485.6790.67104.55100.01
Operating Profit14.8016.5116.8016.8417.9818.2516.6420.0823.0823.7221.6824.2224.01
OPM %25.65%27.43%26.20%25.49%25.66%24.86%21.71%23.00%21.25%21.68%19.30%18.81%19.36%
Other Income0.390.951.000.521.051.151.361.181.031.423.881.201.53
Interest4.363.994.384.014.214.835.405.415.695.635.495.606.05
Depreciation12.5612.0511.9212.1512.8113.5212.8612.7913.2613.2113.1013.6114.83
Profit before tax-1.731.421.501.202.011.05-0.263.065.166.306.976.214.66
Tax %0.00%0.00%128.00%50.00%76.62%21.90%19.23%38.56%48.26%40.79%26.83%45.57%37.12%
Net Profit-1.731.42-0.420.600.470.83-0.221.892.673.745.103.382.93
EPS in Rs-0.100.08-0.030.040.030.05-0.010.110.160.220.310.200.18

Snowman Logistics Ltd Quarterly Chart

Snowman Logistics Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales61114153203225189194233240237286418475
Expenses4987115156176153150174179172216329381
Operating Profit13263847493644596165708994
OPM %21%23%25%23%22%19%23%25%26%27%25%21%20%
Other Income31253-24333488
Interest02111291112102017182223
Depreciation691525303940415149515255
Profit before tax1015141512-15-411-6242224
Tax %35%-30%-64%-68%-75%68%0%10%-138%98%58%38%
Net Profit620222521-5-410-15021315
EPS in Rs0.621.931.811.481.23-0.30-0.210.58-0.900.000.100.800.91
Dividend Payout %0%0%0%34%0%0%0%0%0%0%0%94%

Snowman Logistics Ltd Profit & Loss Yearly Chart

Snowman Logistics Ltd Growth

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:21%
3 Years:14%
1 Year:134%
Return on Equity
10 Years:2%
5 Years:0%
3 Years:1%
Last Year:3%

Snowman Logistics Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital103103124167167167167167167167167167167
Reserves62697251266262258268253253255255
Borrowings0951469014613813193201220265258
Other Liabilities122021404331333421274045
Total Liabilities121243388548622598590562642667728725
Fixed Assets74157250337441448444413507461543517
CWIP113242232751002028
Investments0000000000143
Other Assets365496189154146145148135185182155
Total Assets121243388548622598590562642667728725

Snowman Logistics Ltd Reserves and Borrowings Chart

Snowman Logistics Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 111415523949375356716986
Cash from Investing Activity -26-113-116-90-138-28-27-11-4-41-99-42
Cash from Financing Activity -09311110637-23-20-52-51017-58
Net Cash Flow-15-7968-63-2-10-10130-14-13

Snowman Logistics Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days758294879168838184818663
Inventory Days35
Days Payable153
Cash Conversion Cycle7582948791688381848186-55
Working Capital Days363430-017-14-31-530565142
ROCE %9%11%8%6%4%-0%1%4%2%3%3%6%

Snowman Logistics Ltd Financial Efficiency Indicators Chart

Snowman Logistics Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters40.25%40.25%40.25%40.25%40.25%40.25%40.25%40.25%40.25%41.75%43.00%44.27%
FIIs1.70%1.74%1.76%1.68%1.74%1.85%1.93%2.16%1.93%1.96%2.32%3.30%
DIIs0.00%0.00%0.00%0.00%0.39%0.55%0.55%0.55%0.55%0.78%1.01%1.04%
Public58.05%58.01%57.99%58.07%57.62%57.35%57.28%57.04%57.27%55.52%53.67%51.39%
No. of Shareholders1,25,7021,49,6301,40,6761,35,8271,31,9541,28,1951,25,2511,20,7021,17,1711,13,2651,06,3211,00,484

Snowman Logistics Ltd Shareholding Pattern Chart

No. of Snowman Logistics Ltd Shareholders

This stock is not held by any mutual fund

Snowman Logistics Ltd ROCE Trend

Snowman Logistics Ltd EPS Trend

Snowman Logistics Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.800.100.00-0.900.58
Diluted EPS (Rs.)0.800.100.00-0.900.58
Cash EPS (Rs.)3.933.172.942.103.04
Book Value[Excl.RevalReserv]/Share (Rs.)25.2325.2425.1325.1226.04
Book Value[Incl.RevalReserv]/Share (Rs.)25.2325.2425.1325.1226.04
Dividend / Share (Rs.)0.750.000.000.000.00
Revenue From Operations / Share (Rs.)25.0017.1314.1914.3813.92
PBDIT / Share (Rs.)5.754.424.103.793.72
PBIT / Share (Rs.)2.621.341.170.791.26
PBT / Share (Rs.)1.290.230.14-0.370.65
Net Profit / Share (Rs.)0.800.100.00-0.890.58
PBDIT Margin (%)23.0025.7828.8726.3826.76
PBIT Margin (%)10.467.848.225.509.09
PBT Margin (%)5.141.391.02-2.624.67
Net Profit Margin (%)3.200.580.02-6.244.17
Return on Networth / Equity (%)3.170.390.01-3.572.23
Return on Capital Employeed (%)6.763.363.122.224.23
Return On Assets (%)1.840.230.00-2.331.73
Long Term Debt / Equity (X)0.180.250.160.080.12
Total Debt / Equity (X)0.240.280.170.100.13
Asset Turnover Ratio (%)0.570.410.360.390.40
Current Ratio (X)1.761.872.531.300.94
Quick Ratio (X)1.661.872.531.300.94
Dividend Payout Ratio (NP) (%)93.550.000.000.000.00
Dividend Payout Ratio (CP) (%)19.060.000.000.000.00
Earning Retention Ratio (%)6.450.000.000.000.00
Cash Earning Retention Ratio (%)80.940.000.000.000.00
Interest Coverage Ratio (X)4.324.004.013.246.06
Interest Coverage Ratio (Post Tax) (X)1.601.091.000.231.95
Enterprise Value (Cr.)635.14600.15762.32569.62606.53
EV / Net Operating Revenue (X)1.522.103.222.372.61
EV / EBITDA (X)6.618.1311.138.999.75
MarketCap / Net Operating Revenue (X)1.281.783.102.202.37
Retention Ratios (%)6.440.000.000.000.00
Price / BV (X)1.271.211.751.261.27
Price / Net Operating Revenue (X)1.281.783.102.202.37
EarningsYield0.020.000.00-0.020.01

Snowman Logistics Ltd Profitability Ratios (%)

Snowman Logistics Ltd Liquidity Ratios

Snowman Logistics Ltd Liquidity Ratios (%)

Snowman Logistics Ltd Interest Coverage Ratios (X)

Snowman Logistics Ltd Valuation Ratios

Fair Value / Intrinsic Value of Snowman Logistics Ltd

Fair Value: ₹52.79

The stock is overvalued by 28.28% compared to the current price ₹73.6

*Investments are subject to market risks

Strength and Weakness of Snowman Logistics Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of 20.50, which is a positive sign.
  2. The company has higher reserves (188.46 cr) compared to borrowings (137.15 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (232.92 cr) and profit (8.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 4.36 and average Dividend Yield of 8.22%.
  2. The stock has a low average ROCE of 4.75%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 71.42, which may not be favorable.

Should I Buy Snowman Logistics Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Snowman Logistics Ltd:
    1. Net Profit Margin: 3.20%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 6.76% (Industry Average ROCE: 9.36%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 1.60
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 1.66
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 78.6 (Industry average Stock P/E: 115.58)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.24
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Snowman Logistics Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE