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Snowman Logistics Limited
Sector: Cold Chain Logistics | HQ: Bengaluru, Karnataka | Founded: 1993 | Employees: ~1,400
Listed as: NSE / BSE listed | NSE / BSE | Ticker: SNOWMAN.NS | Website →
Live stock price (NSE)
₹40.25
-1.51 (-3.62%) today
Source: Yahoo Finance · Refreshed every 15 minutes · Fetched 11/5/2026, 4:34:38 pm IST. For information only; not investment advice.
Key people
- Sunil Nair (CEO)
Company overview
Snowman Logistics Limited is India's largest organised cold chain logistics company. Founded in 1993 and headquartered in Bengaluru, Snowman operates 41 temperature-controlled warehouses (cold storage) and 400+ reefer trucks across India. FY25 revenue approximately ₹420 crore. The company is a subsidiary of Adani Logistics Limited (via the recent Adani Group strategic investment).
Business model
Three segments: Warehousing (cold storage rental and managed services), Transportation (reefer truck operations), and Distribution (last-mile cold chain).
Operating segments
Warehousing
41 cold-storage facilities, 130,000+ pallet positions. Multi-temperature chambers.
Transportation
400+ reefer trucks operating in India.
Distribution
Last-mile cold chain delivery for QSR, dairy, pharma, ice cream.
Financial performance and recent trajectory
FY25 revenue ₹420 crore. EBITDA margin in 18-22 percent range supported by warehouse rental contracts. The Adani Logistics investment is the principal post-FY25 strategic development.
Stock performance and shareholder context
Snowman (NSE: SNOWMAN, BSE: 538635). Adani Group is the largest shareholder following the strategic investment.
12-month price trajectory
Monthly closes over the last 12 months. Source: Yahoo Finance.
Competitive position
Largest organised Indian cold chain player. Competitors include Coldex, Crystal Logistic Cool Chain, ColdEx Cargo, ColdrushColdrush, and regional independents.
Key risks
High capex intensity per warehouse; electricity cost; QSR demand cyclicality; competitive intensity from new Adani Logistics-led integrated cold chain.
Outlook
Adani Group integration provides capital and customer access for further expansion.
KAMRIT point of view
Building or competing with Snowman?
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Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.