Snowman Logistics Limited (SNOWMAN.NS)
Snowman Logistics Limited operates in the Integrated Freight & Logistics industry of the Industrials sector, headquartered in New Delhi, DE, IN. The stock last traded at $37.91, down 1.07% on the session, giving a market capitalisation of $6.33B. Its beta of 0.66 implies it has historically moved less than the broad market.
Based in Bengaluru, India, and established in 1993, Snowman Logistics Limited is a prominent provider of temperature-controlled logistical solutions across the nation. Operating through three key divisions—Warehousing, Transportation, and Consignment Agency—the company offers a comprehensive service portfolio. Its warehousing capabilities span various temperature requirements, from ambient and chilled to frozen and advanced blast freezing. For transportation, Snowman provides extensive primary services, including door-to-door delivery, customized milk run routes, and part-cargo consolidation. It also ensures efficient secondary distribution for last-mile delivery, supported by a fleet of approximately 289 refrigerated vehicles. Retail distribution is facilitated through its consignment agency services. Additionally, the company delivers a range of value-added services such as kitting, labeling, sorting, container loading and unloading, repacking, and bulk breaking. It also processes select fruits and vegetables by sorting, grading, packing, and washing. Snowman Logistics serves a diverse array of sectors, including pharmaceuticals, meat and poultry, seafood, fresh produce, ice cream, confectionery, dairy products, quick-service restaurants (QSRs), ready-to-eat meals, and processed foods. The company adopted its current name in March 2011, having previously been known as Snowman Frozen Foods Limited.
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