Integrated Filing — IndAS



General information about company
Scrip Code 538635
NSE Symbol SNOWMAN
MSEI Symbol NA
ISIN INE734N01019
Name of company SNOWMAN LOGISTICS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 26-May-2025   13:05:00
End date and time of board meeting 26-May-2025   14:10:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-05-26
Indicate Company website link for updated RPT policy of the Company https://drive.google.com/file/d/1EDv9k3Wc8qp6AXb7Kn1KSJLB60az0o07/view
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There are no defaults on Loans and Debt Securities during the reporting period.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 1370148000 5525345000
Other income 3301000 42378000
Total income 1373449000 5567723000
2 Expenses
(a) Cost of materials consumed 0 0
(b) Purchases of stock-in-trade 401073000 1719628000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -2665000 -29658000
(d) Employee benefit expense 89331000 394351000
(e) Finance costs 57847000 244555000
(f) Depreciation, depletion and amortisation expense 153434000 630763000
(f) Other Expenses
1 Operating expenses 515365000 1990813000
2 Other Expenses 126519000 557324000
Total other expenses 641884000 2548137000
Total expenses 1340904000 5507776000
3 Total profit before exceptional items and tax 32545000 59947000
4 Exceptional items 0 0
5 Total profit before tax 32545000 59947000
6 Tax expense
7 Current tax 8002000 35441000
8 Deferred tax -14460000 -32402000
9 Total tax expenses -6458000 3039000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 39003000 56908000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 39003000 56908000
17 Other comprehensive income net of taxes 286000 -403000
18 Total Comprehensive Income for the period 39289000 56505000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1670880000 1670880000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2399123000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.22 0.34
Diluted earnings (loss) per share from continuing operations 0.22 0.34
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.22 0.34
Diluted earnings (loss) per share from continuing and discontinued operations 0.22 0.34
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 3654019000
Capital work-in-progress 528387000
Investment property 0
Goodwill 0
Other intangible assets 1198000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 177913000
Total non-current financial assets 177913000
Deferred tax assets (net) 318025000
Other non-current assets 1745367000
Total non-current assets 6424909000
2 Current assets
Inventories 150496000
Current financial asset
Current investments 0
Trade receivables, current 906475000
Cash and cash equivalents 43928000
Bank balance other than cash and cash equivalents 17890000
Loans, current 0
Other current financial assets 6996000
Total current financial assets 975289000
Current tax assets (net) 0
Other current assets 161810000
Total current assets 1287595000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 7712504000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1670880000
Other equity 2399123000
Total equity attributable to owners of parent 4070003000
Non controlling interest
Total equity 4070003000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 963139000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 1653159000
Total non-current financial liabilities 2616298000
Provisions, non-current 36180000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 2652478000
Current liabilities
Current financial liabilities
Borrowings, current 342392000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 67679000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 318150000
Total Trade payable 385829000
Other current financial liabilities 210256000
Total current financial liabilities 938477000
Other current liabilities 30064000
Provisions, current 21482000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 990023000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3642501000
Total equity and liabilites 7712504000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Warehousing Services 578208000 2266370000
2 Transportation Services 357311000 1422149000
3 Trading and Distribution 434629000 1836826000
Total Segment Revenue 1370148000 5525345000
Less: Inter segment revenue 0 0
Revenue from operations 1370148000 5525345000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Warehousing Services 83301000 261742000
2 Transportation Services 512000 27664000
3 Trading and Distribution 27591000 114669000
Total Profit before tax 111404000 404075000
i. Finance cost 14272000 14272000
ii. Other Unallocable Expenditure net off Unallocable income 64587000 64587000
Profit before tax 32545000 59947000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Warehousing Services 5753397000 5753397000
2 Transportation Services 780965000 780965000
3 Trading and Distribution 198489000 198489000
Total Segment Asset 6732851000 6732851000
Un-allocable Assets 979653000 979653000
Net Segment Asset 7712504000 7712504000
4 Segment Liabilities
Segment Liabilities
1 Warehousing Services 2841102000 2841102000
2 Transportation Services 359140000 359140000
3 Trading and Distribution 208564000 208564000
Total Segment Liabilities 3408806000 3408806000
Un-allocable Liabilities 233695000 233695000
Net Segment Liabilities 3642501000 3642501000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain/ (loss) on defined benefit plan 353000 -620000
Total Amount of items that will not be reclassified to profit and loss 353000 -620000
2 Income tax relating to items that will not be reclassified to profit or loss 67000 -217000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 286000 -403000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 59947000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 244555000
Adjustments for decrease (increase) in inventories -29658000
Adjustments for decrease (increase) in trade receivables, current -92358000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -82330000
Adjustments for decrease (increase) in other non-current assets -8079000
Adjustments for other financial assets, non-current -4688000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 46167000
Adjustments for increase (decrease) in other non-current liabilities -21160000
Adjustments for depreciation and amortisation expense 630763000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 19431000
Adjustments for provisions, current 9651000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -4973000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 2411000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -4875000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 700035000
Net cash flows from (used in) operations 759982000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 105809000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 654173000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 6946000
Purchase of property, plant and equipment 877264000
Proceeds from sales of investment property 411718000
Purchase of investment property 60000000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 521000
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 173000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -518948000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 686318000
Repayments of borrowings 340328000
Payments of lease liabilities 0
Dividends paid 167088000
Interest paid 80858000
Income taxes paid (refund) 266540000
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -168496000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -33271000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -33271000
Cash and cash equivalents cash flow statement at beginning of period 77199000
Cash and cash equivalents cash flow statement at end of period 43928000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R BATLIBOI & Co LLP Yes 31-Jul-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Snowman Logistics Limited Gateway Distriparks Ltd Holding Company Any other transaction Snowman entered into a Lease Agreement for leasing of 20 trailers to Gateway Distriparks Ltd for CFS operations Approved by Audit Committee and Board of Directors 58500000 22000000 58500000
Total value of transaction during the reporting period 58500000