Snowman Logistics is a leading cold chain logistics provider with a robust Pan-India network, offering comprehensive storage and distribution solutions. Snowman Logistics Limited is principally engaged in the business of providing integrated cold chain solutions to users in India. The Company is focused on its core business of temperature-controlled warehousing for frozen and chilled products with transportation division acting as an enabler.
Snowman Logistics Limited is an India-based integrated temperature-controlled logistics service provider. The Company is specialized in providing warehousing, distribution and other value-added services across the country. The company operates through a comprehensive network of strategically located facilities across major cities in India, making it a key player in the country's cold chain logistics sector.
Snowman Logistics operates across four key segments: Warehousing services, Transportation services, Consignment agency services and others, and Trading and distribution. The Warehousing services segment is engaged in temperature-controlled warehousing services operating across locations, servicing customers on a pan-India basis.
With 45 strategically located warehouses, having a total pallet capacity of 1,43,285 across 20 cities, Snowman caters to a comprehensive network of reputed clients, which source and consume temperature-sensitive products in bulk amounts. Snowman caters to various services like dairy products including butter and cheese, canned food items, poultry and meat, seafood, healthcare, and pharmaceutical products.
With its vast network of temperature-controlled warehouses and refrigerated trucks, the company offers a comprehensive range of end-to-end supply chain solutions to various industry sectors such as food, pharmaceuticals, retail, and FMCG. Furthermore, they offer door-to-door delivery, custom milk runs, and part cargo consolidation to meet diverse customer requirements. Through a consignment agency model, the company supports retail distribution, and its value-added services cover kitting, labelling, sorting, repacking, and even fruit and vegetable processing.
The market cap of Snowman Logistics Ltd (SNOWMAN) is ₹1006.71 Cr as of 2nd July 2025. For the full year, net profit declined 55.23% to Rs 5.69 crore in the year ended March 2025 as against Rs 12.71 crore during the previous year ended March 2024. Sales rose 9.77% to Rs 552.53 crore in the year ended March 2025 as against Rs 503.37 crore during the previous year ended March 2024.
• Market Capitalization: ₹1006.71 Crore (as of 2nd July 2025)
• FY2024-25 Revenue: ₹552.53 Crore (growth of 9.77% YoY)
• FY2024-25 Net Profit: ₹5.69 Crore (declined 55.23% YoY)
• Dividend Yield: 1.69%
• Return on Equity (ROE): 1.38%
• Return on Capital Employed (ROCE): 4.32%
• Q3 FY2024-25 Revenue: ₹131.85 Crore (growth of 6.30% YoY)
• Q3 FY2024-25 Net Loss: ₹0.61 Crore (compared to profit of ₹4.25 Crore in Q3 FY2023-24)
On June 25th, Snowman Logistics commenced operations of two new warehouses in Kolkata and Krishnapatnam, adding 9,557 pallet capacity to its network.
The Board of Snowman Logistics, at its meeting held on September 24, 2024, accepted the resignation of Mr. Sunil Prabhakaran Nair as Chief Executive Officer & Whole-time Director, and Key Managerial Personnel, with effect from the close of business hours of November 30, 2024. The Board also approved the appointment of Mr. Padamdeep Singh Handa as Whole Time Director & Chief Executive Officer, and Key Managerial Personnel, of the Company with effect from December 01, 2024.
Snowman Logistics Limited was incorporated in March 1993 in Kochi, Kerala, originally promoted by Amalgam Foods Limited. In 1997, Hindustan Unilever Limited (then, Brooke Bond (India) Limited) acquired 23% of the company's equity share capital. The Mitsubishi Group acquired a majority stake in 2001. Subsequently, in 2003, Nichirei Corporation acquired 15% of the company's equity share capital which was thereafter assigned to Nichirei Logistics Group Inc. in 2005.
Snowman Logistics Ltd (SNOWMAN) belongs to the Industrials sector and Logistics sub-sector. Snowman Logistics is recognized as a market leader in integrated temperature-controlled logistics services, catering to the varied cold chain logistical requirements of diverse industry sectors.
The company continues to expand its operational footprint across India, with recent expansions in eastern regions including Kolkata and Krishnapatnam. Despite facing challenges from consumption slowdown and operational headwinds in certain quarters, Snowman Logistics remains well-positioned to capitalize on India's growing cold chain logistics market, driven by increasing demand for temperature-controlled storage and distribution services across food, pharmaceutical, and retail sectors.
With its established infrastructure, strategic locations, and comprehensive service offerings, Snowman Logistics continues to serve as a critical enabler for businesses requiring reliable cold chain solutions across the country.
