Snowman Logistics Ltd (BOM:538635)
₹ 66.55 0.12 (0.18%) Market Cap: 11.12 Bil Enterprise Value: 13.47 Bil PE Ratio: 99.33 PB Ratio: 2.65 GF Score: 76/100
Back to the Transcripts List

Q4 2024 Snowman Logistics Ltd Earnings Call Transcript

May 31, 2024 / 10:30AM GMT
Release Date Price: ₹61.08 (-6.39%)

Key Points

Positve
  • Snowman Logistics Ltd (BOM:538635) maintained a market share of 16% in NCR and 22% in Ludhiana for Q4 FY24.
  • The company is targeting double-digit growth for FY25 and FY26 in the rail business.
  • EBITDA per TEU for the rail business was around INR9,800 to INR9,900 for Q4, indicating strong operational efficiency.
  • The company plans to monetize some land assets, expecting an inflow of INR20 crores from Krishnapatnam.
  • New warehouses in Lucknow and Kolkata are expected to be operational by July and September 2024, respectively, which will expand capacity.
Negative
  • The Red Sea crisis negatively impacted rail throughput, particularly affecting low-value commodity bookings.
  • Market share in Ludhiana decreased from 30% to 22% due to increased competition.
  • Competitive intensity in the CFS business remains high, impacting top-line growth and EBITDA per TEU.
  • The Jaipur ICD project is delayed due to legal issues, pushing its operational timeline to FY26.
  • Double stacking dipped from 40% to 35% in the last quarter, affecting profitability.
Operator

Ladies and gentlemen, good day, and welcome to the Q4 FY24 earnings conference call of Gateway Distriparks Limited and Snowman Logistics Limited.

This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict.

(Operator Instructions) Please note that this conference is being recorded.

Today on the call, we have Mr. Prem Kishan Dass Gupta, Chairman and Managing Director; Mr. Ishaan Gupta, Joint Managing Director; Mr. Samvid Gupta, Joint Managing Director; Mr. Sikander Yadav, CFO, Gateway Distriparks Limited; Mr. Rajguru Behgal, President, Rail, Gateway Distriparks Limited; Mr. Manoj Singh, President, CFS, Gateway Distriparks Limited; Mr. Sunil Nair, CEO and Director; Snowman Logistics Limited; Mr. N. Balakrishna, CFO, Snowman Logistics Limited.

I now hand the conference over to Mr. Prem Kishan Dass Gupta for the opening remarks.

Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2024 GuruFocus.com, LLC. All Rights Reserved.