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

Q1 2025 Snowman Logistics Ltd Earnings Call Transcript

Aug 09, 2024 / 10:30AM GMT
Release Date Price: ₹80.21 (-2.59%)

Key Points

Positve
  • Snowman Logistics Ltd (BOM:538635) maintained its market share between Q4 and Q1, despite a weak quarter.
  • The company expects improvement in volumes and business activity in the upcoming quarters.
  • Snowman Logistics Ltd (BOM:538635) is not compromising on EBITDA margins despite low volumes.
  • The company is actively working on regaining business from existing customers and acquiring new business.
  • Snowman Logistics Ltd (BOM:538635) has plans to monetize its CFS assets, which could provide significant cash inflow.
Negative
  • The company experienced a decline in market share in regions like Uttarakhand and Ludhiana due to pricing competition.
  • Global uncertainties and subdued demand in the US and Europe are affecting growth projections.
  • The rail business saw a decline in volumes and a slight slip in EBITDA margins due to lower volumes and reduced double-stack percentages.
  • The company is facing challenges with port congestion and erratic vessel schedules, impacting overall performance.
  • There is ongoing litigation related to the Jaipur land acquisition, which could delay the operational timeline.
Operator

Ladies and gentlemen, good day, and welcome to the Q1 FY25 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 beliefs, opinions, and expectations of the company as on date of this call. These statements are not the guarantees of the 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. Rajguru Behgal, President, Rail; Mr. Manoj Singh, President, CFS; Mr. Kartik Sundaram Aiyer, CFO, GDL; Mr. Sunil Nair, CEO and Director, Snowman Logistics; Mr. N. Balakrishna, CFO, Snowman Logistics.

Questions & Answers

Operator;Bhoomika Nair
DAM Capital Advisors Ltd. - Analyst

(Operator Instructions) Bhoomika Nair, DAM Capital.

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