Snowman
closedIntegrated temperature-controlled logistics and supply chain solutions provider.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
INR3.0b | Post IPO Equity | ||
| Total Funding | 000k | ||
| INR | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 20 % | 3 % | (1 %) | 21 % | 46 % | 21 % | 10 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 25 % | 28 % | 32 % | 26 % | 23 % | 22 % | 17 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 4 % | (6 %) | - | 1 % | 3 % | 3 % | 1 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Snowman Logistics Limited is an integrated temperature-controlled logistics service provider in India. The company was incorporated in 1993 as Snowman Frozen Foods Limited and was initially promoted by Amalgam Foods Limited. Its business segments include warehousing, transportation, and consignment agency services. The company's primary business is temperature-controlled warehousing for frozen and chilled products. Its services cater to various sectors, including food, pharmaceuticals, retail, and Fast-Moving Consumer Goods (FMCG).
Originally a trader of frozen marine products, Snowman began its cold storage operations in 1998 at four locations. Over the years, the company has had several key investors. In 1997, Hindustan Unilever Limited acquired a 23% stake. The Mitsubishi Group bought a majority stake in 2001, and in 2006, Gateway Distriparks Limited became the majority shareholder. The company was renamed Snowman Logistics Limited in 2011 to better reflect its business operations. It was listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in September 2014.
Snowman Logistics offers a comprehensive suite of services, including temperature-controlled warehousing with temperature ranges from +25ºC to -25ºC, blast freezing, and transportation. It provides value-added services such as labeling, kitting, sorting, and repacking. The company operates a fleet of temperature-controlled trucks for both primary and secondary transportation. In 2022, Snowman launched 5PL (Fifth-Party Logistics) services, which include sourcing, procurement, and distribution management on behalf of its clients. Its clientele includes major companies like IKEA, Tim Hortons, and Baskin Robbins.
Keywords: cold chain logistics, temperature-controlled warehousing, supply chain management, refrigerated transport, third-party logistics, freight forwarding, cold storage, pharmaceutical logistics, food logistics, distribution services, inventory management, integrated logistics, 5PL services, Gateway Distriparks, frozen foods logistics, supply chain solutions, pan-India logistics, warehousing solutions, cold chain solutions, FMCG logistics