Snowman Logistics Ltd

NSE: SNOWMAN BSE: 538635Logistics

Incorporated in 1993, Snowman Logistics Ltd. is an integrated temperature-controlled logistics service catering to the logistical requirements of its clients.[1]

₹38.1

52W: ₹30.5 — ₹64.4

PE 151 · Book ₹24.1 · +58% vs book

Market Cap₹637 Cr

Stock P/E151Price to Earnings

ROCE3.77%Return on Capital

ROE1.04%Return on Equity

Div. Yield2.63%Face Value ₹10

Strengths

+Company has been maintaining a healthy dividend payout of 226%

Weaknesses

−Company has low interest coverage ratio.
−Company has a low return on equity of 1.70% over last 3 years.

Shareholding Pattern

Promoters50.01%

FIIs3.05%

DIIs0.84%

Public46.08%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	46.43%	47.61%▲1.2	50.01%▲2.4	50.01%	50.01%	50.01%	50.01%	50.01%
FIIs	2.67%	2.44%▼0.2	2.52%▲0.1	2.56%▲0.0	3.07%▲0.5	3.23%▲0.2	3.12%▼0.1	3.05%▼0.1
DIIs	1.16%	1.16%	1.16%	1.16%	1.16%	1.16%	0.84%▼0.3	0.84%
Public	49.73%	48.79%▼0.9	46.32%▼2.5	46.27%▼0.0	45.77%▼0.5	45.59%▼0.2	46.03%▲0.4	46.08%▲0.0

Financial Statements

Metric	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	124.05	126.54	140.23	143.45	131.85	137.01	162.7	155.65	143.72	142.31
Expenses	97.72	99.54	116.79	121.42	112.09	112.96	138.35	135.66	120.94	118.52
Operating Profit	26.33	27	23.44	22.03	19.76	24.05	24.35	19.99	22.78	23.79
OPM %	21.23%	21.34%	16.72%	15.36%	14.99%	17.55%	14.97%	12.84%	15.85%	16.72%
Net Profit	4.25	2.15	1.79	0.61	-0.61	3.9	2.54	-2.91	-1.87	5.54
EPS ₹	0.25	0.13	0.11	0.04	-0.04	0.23	0.15	-0.17	-0.11	0.33

AI Insights

Revenue Trend

Mar 2026 revenue at ₹604Cr, up 9.2% YoY. OPM at 15%.

Debt Position

Borrowings at ₹312Cr. Debt-to-equity ratio: 1.33x. High leverage — monitor closely.

Institutional Flow

DIIs: 0.84% (+0.06pp change). FIIs: 3.05% (+1.09pp change). Promoters hold 50.01%.

Margin & Efficiency

ROCE declining from 6% (Mar 2015) to 4% (Mar 2026). Working capital days: 10.

Valuation

PE 151x with 3.77% ROCE. Price is 58% above book value of ₹24.1. Dividend yield: 2.63%.