Snowman Logistics Ltd · NSE:SNOWMAN
Snowman Logistics — Q1 FY24 Earnings Presentation
24 slides from Snowman Logistics's earnings presentation, Aug 1, 2023
Slide 1: Snowman: The Cold Chain Company
SNOWMAN® The Cold Chain Company August 01, 2023 National Stock Exchange of India BSE Limited Limited Department of Corporate Services Exchange Plaza PhirozeJeejeebhoy Towers BandraKurla Complex Mumbai - 400 001 Mumbai - 400 050 Ph No: 22727 1233/34 Ph No: 2659 8452 Fax: 2272 1072/ 2037/2061/ 41 Fax
Slide 2: Snowman Logistics Ltd. Q1 FY24 Earnings Presentation
Snowman Logistics Ltd. (BSE: 538635 | NSE: SNOWMAN) Q1 FY24 Earnings Presentation ( 1st August 2023) INTEGRATED TEMPERATURE-CONTROLLED LOGISTICS SERVICE PROVIDER
Slide 3: Snowman: Business Overview
Snowman: Business Overview • Network Advantage - Ability to offer customers the largest Pan-India cold chain network for storage and distribution • Expansion Plans – Planned expansion basis our customers’ requirements to reach new markets & to address the demand of the organised sector • Technology
Slide 4: Performance Highlights: Q1 FY24
Performance Highlights: Q1 FY24 Rs. in mn Income and Income Growth (YoY) EBITDA and EBITDA Margin 49.0% 46.9% 24% 22% 20% 32.9% 885 1,162 1,300 213 256 254 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 Net Profit 51 34 19 Q1 FY23 Q4 FY23 Q1 FY24 3
Slide 5: Management Commentary
Management Commentary We are pleased to announce that Snowman had a strong start to the year, demonstrating growth and a promising path for the company. Our total income for the quarter reached an impressive Rs. 1,300 million, with 46.9% increase on a YoY basis. This revenue growth can be attributed
Slide 6: Key recent developments
Key recent developments Cheemasandra warehouse recently received AA+ grade in BRCGS Certification • The Cheemasandra warehouse, situated in Bangalore, Karnataka, has been awarded an AA+ grade by the Brand Reputation Compliance Global Standard (BRCGS), making it the first cold storage facility in Ind
Slide 7: End Customer Industry Revenue
End Customer Industry Revenue Rs. in mn Category Q1 FY24 Q1 FY23 Y-o-Y Q4 FY23 Q-o-Q FY23 QSR & RTC 277 201 38.0% 252 10.1% 912 Dairy & Ice Cream 488 206 137.0% 384 27.1% 1,297 E-Commerce 43 39 9.7% 40 6.9% 158 FMCG & Others 118 97 19.7% 104 10.6% 415 Agriculture 130 127 2.7% 107 21.9% 438 Meat, Sea
Slide 8: Financial statement
Financial statement Rs. in mn Category Q1 FY24 Q1 FY23 Y-o-Y Q4 FY23 Q-o-Q FY23 Revenue from contracts 1,288 873 47.5% 1,123 14.6% 4,176 Other Income 12 12 1.5% 39 (69.0)% 75 Total Income 1,300 885 46.9% 1,162 11.8% 4,252 COGS 363 - nm 280 29.7% 787 Operating Expenses 458 471 (2.8)% 425 7.7% 1,700 E
Slide 9: Segment Revenue
Segment Revenue Rs. in mn Segment Q1 FY24 Q1 FY23 Y-o-Y Q4 FY23 Q-o-Q FY23 Warehousing Services 557 502 11.1% 513 8.7% 2,056 Transportation Services 324 342 (5.3)% 311 4.2% 1,235 Trading And Distribution 407 - nm 300 36.6% 856 Consignment Agency Services and - 30 nm - nm 30 Others Total Revenue 1,28
Slide 10: Leading integrated temperature-controlled logistics
Leading integrated temperature-controlled logistics • Snowman Logistics Ltd was incorporated in 1993 and Gateway Distriparks acquired a majority stake in 2006 • Pan India network of 45 warehouses across 19 cities • Integrated service offering of warehousing services, transportation, and distribution
Slide 11: Key Asset Details
Key Asset Details Warehouse Division 19 45 1,36,452 Cities Warehouses Pallet Capacity Transport Division 103 200+ 309 612+ Dedicated Vehicles on Owned Total vehicles need basis Vehicles Vehicles 10
Slide 12: Product portfolio catering to major industry sectors
Product portfolio catering to major industry sectors % of Sales for Q1 FY24 38% 22% 14% 10% 9% 4% 3% • Dairy • QSR • Meat • Agri • Confectionery • Healthcare • Amazon • Ice cream • RTC • Poultry • Industrial • Pharma • Butter • Seafood • Others Meat, FMCG & Dairy & Ice QSR & Healthcare Seafood & Agr
Slide 13: Integrated offerings across value chain
Integrated offerings across value chain Snowman Warehouse Customer Trade Market Imports / Secondary Plant Transportation or or Primary Dedicated Transportation Warehouse provides end-to-end consultancy services Warehousing Segment Distribution Segment Value Added Services Segment 12
Slide 14: Customer Value-add Services (1/2)
Customer Value-add Services (1/2) SNOWEXPERTS SNOWAGENT Secondary, inter-state & intra-city Secondary, inter-state & intra-city Consultancy Business CFA / Super stockists • Customized solutions • Forecasting • Network solution • Material planning • Processes and audits • Procurement • Consultation i
Slide 15: Customer Value-add Services (2/2)
Customer Value-add Services (2/2) Key Features • Forecasting • First Indian company to introduce 5PL in the cold chain logistics / SCM sector • Material Planning • Sourcing and Procurement • 5PL leverages technologies to drive highly efficient networks, guaranteeing the best optimization in the enti
Slide 16: Warehouse Division: SnowPreserve
Warehouse Division SNOWPRESERVE Temperature-controlled warehouses (-25o C to +25o C) Warehousing Key Features • Dedicated and variable model • Strategically located warehouses • Shared and dedicated facilities • Multi-purpose separate chambers • Fulfilment centres • Separate ante room • Bonded wareh
Slide 17: Warehouse Division: SnowServe
Warehouse Division SNOWSERVE Fulfilment centres for eCommerce clients Dedicated Warehousing Key Features • Customer dedicated facilities • Dedicated warehouses built to • Customized services specification • Repacking, bundling and • eCommerce back-end related • Techn-driven controls and processes •
Slide 18: Nation-wide storage capacity
Nation-wide storage capacity Total Pallet Capacity 1,36,452 Delhi Siliguri Derabassi Tauru Jaipur Ahmedabad Kolkata Surat Bhubaneshwar Mumbai Visakhapatnam Hyderabad Pune Bengaluru, Krishnapatnam Shoolagiri Coimbatore Chennai Kochi 17
Slide 19: Transport Division: SnowLine
Transport Division SNOWLINE Long haul primary transportation Dedicated Warehousing Key Features • From: Suppliers • Load capacity 12 to 18 Ton /manufacturing • From manufacturers to mother To: CWH, HUB,CFA warehouse to distribution centre • Transportation of cold and • Flexible billing solutions- pe
Slide 20: Transport Division: SnowReach
Transport Division SNOWREACH Secondary, inter-state & intra-city distribution Dedicated Warehousing Key Features • Secondary transportation • Load capacity less than 12 Ton • Tertiary (B2B) Distribution • For inter-state and intra-city • 24x7 tracking of vehicles • Multi-temp vehicles used for • POD
Slide 21: Expansion Plans
Expansion Plans INFRASTRUCTURE STRATEGY DEDICATED INFRA O To continue focusing To augment Kolkata Phase-1 SnowLink, for deeper infrastructure (Pallets 5,829) integration with related to construction is customers by offering Pharma and underway most distribution E-comm solutions 20
Slide 22: Quality Standards
Quality Standards All facilities certified with ISO 14001 (TUV-SUD), ISO 22000 (TUV- SUD) and FSSAI Cargo profiles based specialised certifications for specific locations • BRC (British Retail Consortium) • EIA (Export Inspection Agency) • MPEDA (Marine Products Export Development Authority) • Drugs
Slide 23: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Snowman Logistics Limited (“Snowman Logistics” or the Company) future bus
Slide 24: Snowman Logistics Limited
SNOWMAN LOGISTICS LIMITED Reg office: Plot No. M-8, Taloja Industrial Area, MIDC, Raigad, Navi Mumbai, Raigarh Maharashtra, 410206 Corporate office: No. 54, Old Madras Road, Virgo Nagar, Bangalore, India - 560 049 Phone: +91 80 6769 3700 investorrelations@snowman.in | www.snowman.in