Snowman Logistics (SNOWMAN.NS) Stock Price

Snowman Logistics Price

CLOSED
40.71INR+0.14 (+0.34 %)
Market closed

Over the last 16 years Snowman Logistics grew revenue by 19.6% annually, reaching 5.53 B INR. Earnings per share have grown at 11.5% per year over the last 16 years. For Snowman Logistics, the net margin of 1.0% is up versus 0.0% a few years ago. At today's price the dividend yield works out to roughly 2.46%. The payout ratio is around 335% of earnings. The dividend has grown at 7.2% per year over the past 10 years. The stock trades about 33% above its 52-week low.

Snowman Logistics stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Snowman Logistics over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Snowman Logistics stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Snowman Logistics's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Snowman Logistics Stock Price History
DateSnowman Logistics Price
8/6/202640.71 INR
8/5/202640.57 INR
8/3/202638.75 INR
7/30/202636.13 INR
7/28/202636.03 INR
7/24/202636.40 INR
7/23/202635.88 INR
7/22/202636.99 INR
7/20/202636.91 INR
7/17/202637.51 INR
7/16/202637.49 INR
7/15/202638.07 INR
7/14/202636.15 INR
7/13/202636.55 INR
7/10/202636.26 INR
7/9/202635.82 INR
7/8/202635.94 INR
7/7/202637.48 INR
7/3/202637.96 INR
7/2/202638.04 INR
7/1/202637.09 INR
6/30/202636.91 INR
6/29/202636.74 INR
6/25/202637.86 INR
6/24/202638.74 INR
6/23/202638.79 INR
6/22/202639.63 INR
6/19/202639.39 INR
6/18/202639.59 INR
6/17/202639.78 INR
6/16/202639.12 INR
6/15/202638.51 INR
6/12/202637.30 INR
6/11/202636.43 INR
6/10/202637.09 INR
6/9/202636.99 INR
6/8/202636.51 INR
6/5/202637.54 INR
6/4/202637.14 INR
6/3/202637.29 INR
6/2/202636.92 INR
6/1/202636.81 INR
5/29/202637.16 INR
5/28/202637.88 INR
5/27/202637.88 INR
5/26/202637.82 INR
5/25/202638.01 INR
5/22/202637.75 INR
5/21/202637.93 INR
5/20/202637.45 INR
5/19/202637.35 INR
5/18/202637.67 INR
5/15/202638.26 INR
5/14/202638.52 INR
5/13/202638.76 INR
5/12/202638.44 INR
5/11/202640.25 INR
5/8/202641.76 INR
5/7/202642.26 INR
5/6/202641.97 INR
5/5/202641.87 INR
5/4/202642.21 INR
5/1/202640.65 INR
4/30/202640.65 INR
4/29/202641.29 INR
4/28/202641.61 INR
4/27/202641.83 INR
4/24/202640.63 INR
4/23/202641.46 INR
4/22/202642.61 INR
4/21/202642.02 INR
4/20/202641.55 INR
4/17/202642.99 INR
4/16/202643.22 INR
4/15/202643.52 INR
4/13/202639.77 INR
4/10/202640.73 INR
4/9/202636.68 INR
4/8/202638.25 INR
4/7/202636.18 INR
4/6/202635.58 INR
4/2/202634.91 INR
4/1/202634.25 INR
3/30/202630.70 INR
3/27/202632.17 INR
3/25/202634.04 INR
3/24/202633.23 INR
3/23/202631.81 INR
3/20/202634.18 INR
3/19/202634.53 INR
3/18/202635.56 INR
3/17/202634.16 INR
3/16/202634.29 INR
3/13/202634.82 INR
3/12/202635.65 INR
3/11/202636.29 INR
3/10/202636.22 INR
3/9/202636.21 INR
3/6/202637.60 INR
3/5/202637.86 INR
3/4/202637.43 INR
3/2/202638.83 INR
2/27/202639.46 INR
2/26/202639.55 INR
2/25/202639.32 INR
2/24/202639.35 INR
2/23/202640.11 INR
2/20/202639.97 INR
2/19/202639.74 INR
2/18/202640.73 INR
2/17/202641.61 INR
2/16/202641.47 INR
2/13/202642.24 INR
2/12/202643.50 INR
2/11/202644.69 INR
2/10/202644.67 INR
2/9/202644.87 INR
2/6/202642.82 INR
2/5/202642.47 INR
2/4/202640.70 INR
2/3/202638.55 INR
2/2/202637.66 INR
1/30/202638.96 INR
1/29/202637.49 INR
1/28/202637.86 INR
1/27/202636.83 INR
1/23/202636.91 INR
1/22/202637.19 INR
1/21/202637.61 INR
1/20/202637.01 INR
1/19/202637.70 INR
1/16/202637.85 INR
1/15/202638.17 INR
1/14/202638.17 INR
1/13/202638.81 INR
1/12/202638.99 INR
1/9/202638.52 INR
1/8/202639.79 INR
1/7/202640.15 INR
1/6/202640.24 INR
1/5/202640.36 INR
1/2/202640.98 INR
1/1/202640.09 INR
12/31/202540.15 INR
12/30/202539.05 INR
12/29/202539.11 INR
12/26/202540.29 INR
12/24/202540.65 INR
12/23/202541.08 INR
12/22/202542.28 INR
12/19/202540.27 INR
12/18/202539.71 INR
12/17/202539.99 INR
12/16/202540.63 INR
12/15/202541.27 INR
12/12/202541.55 INR
12/11/202541.37 INR
12/10/202540.63 INR
12/9/202541.00 INR
12/8/202540.36 INR
12/5/202541.33 INR
12/4/202541.43 INR
12/3/202541.28 INR
12/2/202542.73 INR
12/1/202543.21 INR
11/28/202543.15 INR
11/27/202543.05 INR
11/26/202544.32 INR
11/25/202542.97 INR
11/24/202543.22 INR
11/21/202544.73 INR
11/20/202545.39 INR
11/19/202545.94 INR
11/18/202546.42 INR
11/17/202546.82 INR
11/14/202546.93 INR
11/13/202546.94 INR
11/12/202546.51 INR
11/11/202546.17 INR
11/10/202546.24 INR
11/7/202546.81 INR
11/6/202547.14 INR
11/4/202548.64 INR
11/3/202551.44 INR
10/31/202551.31 INR
10/30/202551.81 INR
10/29/202551.89 INR
10/28/202551.34 INR
10/27/202550.93 INR
10/24/202550.72 INR
10/23/202550.80 INR
10/21/202551.03 INR
10/20/202550.95 INR
10/17/202550.50 INR
10/16/202551.19 INR
10/15/202549.94 INR
10/14/202551.15 INR
10/13/202551.63 INR
10/10/202552.23 INR
10/9/202552.31 INR
10/8/202552.22 INR
10/7/202552.87 INR
10/6/202552.98 INR
10/3/202554.56 INR
10/1/202553.75 INR
9/30/202552.14 INR
9/29/202552.60 INR
9/26/202553.05 INR
9/25/202554.05 INR
9/24/202554.37 INR
9/23/202556.48 INR
9/22/202556.35 INR
9/19/202556.84 INR
9/18/202556.61 INR
9/17/202557.01 INR
9/16/202557.59 INR
9/15/202558.43 INR
9/12/202558.87 INR
9/11/202556.86 INR
9/10/202556.11 INR
9/9/202553.82 INR
9/8/202554.91 INR
9/5/202553.11 INR
9/4/202553.88 INR
9/3/202554.81 INR
9/2/202554.37 INR
9/1/202551.07 INR
8/29/202550.54 INR
8/28/202550.77 INR
8/26/202552.34 INR
8/25/202553.34 INR
8/22/202553.59 INR
8/21/202553.96 INR
8/20/202554.32 INR
8/19/202554.04 INR
8/18/202553.57 INR
8/14/202552.22 INR
8/13/202552.80 INR
8/12/202553.23 INR
8/11/202554.07 INR
Access this data via the Eulerpool API

Snowman Logistics Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
4.18 B INR
362.51 M INR
133.95 M INR
Jan 1, 2024
5.03 B INR
436.07 M INR
127.08 M INR
Jan 1, 2025
5.53 B INR
274.09 M INR
56.91 M INR
Jan 1, 2026 (e)
1.96 B INR
147.09 M INR
75.19 M INR
Jan 1, 2027 (e)
1.96 B INR
147.09 M INR
75.19 M INR
Jan 1, 2028 (e)
2.02 B INR
152.01 M INR
-50.13 M INR
Jan 1, 2029 (e)
2.33 B INR
175.13 M INR
66.84 M INR
Jan 1, 2030 (e)
2.36 B INR
176.99 M INR
167.09 M INR

Snowman Logistics Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 9, 2026, 12:56 AM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITM INR
EBIT MARGIN%
NET INCOMEM INR
NET INCOME GROWTH%
DIV.INR
DIV. GROWTH%
SHARESM
201820192020202120222023202420252026e2027e2028e2029e2030e2031e2032e2033e
1.942.332.402.372.864.185.035.531.961.962.022.332.362.342.913.50
2.6419.723.31-1.2920.6745.9620.529.78-64.583.3715.181.07-0.6424.2720.46
57.8360.8256.9959.3860.3352.2048.2445.7245.7245.7245.7245.7245.7245.7245.7245.72
1.121.411.371.411.732.182.432.530.890.890.921.071.081.071.331.60
44.00178.00104.00160.00192.00362.00436.00274.00147.00147.00152.00175.00176.00175.00218.00263.00
2.277.664.336.756.718.678.664.967.517.517.517.517.477.487.507.51
-35.0097.00-150.0016.00133.00127.0056.0075.0075.00-50.0066.00167.0050.0050.0083.00
-28.57-377.14-254.64731.25-4.51-55.9133.93-166.67-232.00153.03-70.0666.00
0.753.004.004.001.001.001.00
300.0033.33-75.00
167.10167.10167.10167.10167.10167.09167.09167.09167.09167.09167.09167.09167.09167.09167.09167.09
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Snowman Logistics generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Snowman Logistics retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Snowman Logistics's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Snowman Logistics has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Snowman Logistics's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Snowman Logistics stock margins

The Snowman Logistics margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Snowman Logistics. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Snowman Logistics.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
59.42 %
6.76 %
0.03 %
Jan 1, 2022
60.33 %
6.73 %
0.59 %
Jan 1, 2023
52.20 %
8.68 %
3.21 %
Jan 1, 2024
48.24 %
8.66 %
2.52 %
Jan 1, 2025
45.72 %
4.96 %
1.03 %
Jan 1, 2026 (e)
45.72 %
7.51 %
3.84 %
Jan 1, 2027 (e)
45.72 %
7.51 %
3.84 %
Jan 1, 2028 (e)
45.72 %
7.51 %
-2.48 %

Snowman Logistics Stock Revenue, EBIT, Earnings per Share

The Snowman Logistics earnings per share therefore indicates how much revenue Snowman Logistics has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
14.19 INR
0.96 INR
0.00 INR
Jan 1, 2022
17.13 INR
1.15 INR
0.10 INR
Jan 1, 2023
25.00 INR
2.17 INR
0.80 INR
Jan 1, 2024
30.13 INR
2.61 INR
0.76 INR
Jan 1, 2025
33.07 INR
1.64 INR
0.34 INR
Jan 1, 2026 (e)
11.72 INR
0.88 INR
0.45 INR
Jan 1, 2027 (e)
11.72 INR
0.88 INR
0.45 INR
Jan 1, 2028 (e)
12.11 INR
0.91 INR
-0.30 INR

Snowman Logistics business model & stock analysis

Snowman Logistics Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Snowman Logistics historical P/E ratio, EBIT multiple, and P/S ratio

Snowman Logistics annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Snowman Logistics shares outstanding

The number of shares of Snowman Logistics was 167.09 M in 2025. This indicates how many shares Snowman Logistics is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
167.10 M Stocks
Jan 1, 2022
167.10 M Stocks
Jan 1, 2023
167.09 M Stocks
Jan 1, 2024
167.09 M Stocks
Jan 1, 2025
167.09 M Stocks
Jan 1, 2026 (e)
167.09 M Stocks
Jan 1, 2027 (e)
167.09 M Stocks
Jan 1, 2028 (e)
167.09 M Stocks

Snowman Logistics Dividend History

7 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.50INRYTD
Feb 12, 20260.50INR 50.0%1/1
20251.00INR 0.0%
20241.00INR 0.0%
20231.00INR 33.3%
20220.75INR 50.0%
20160.50INR 0.0%
20150.50INR

Snowman Logistics dividend history and estimates

In 2025, Snowman Logistics paid a dividend amounting to 1.00 INR. Dividend means that Snowman Logistics distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2016
0.50 INR
0.00 INR
Jan 1, 2022 (e)
0.00 INR
0.75 INR
Jan 1, 2023 (e)
1.00 INR
2.00 INR
Jan 1, 2024 (e)
1.00 INR
3.00 INR
Jan 1, 2025 (e)
1.00 INR
3.00 INR
Jan 1, 2026 (e)
0.50 INR
0.50 INR
Jan 1, 2027 (e)
0.00 INR
1.00 INR
Jan 1, 2028 (e)
0.00 INR
1.00 INR

Snowman Logistics dividend payout ratio

In 2025, Snowman Logistics had a payout ratio of 335.41%. The payout ratio indicates the percentage of the company's profits that Snowman Logistics distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
335.41 %
Jan 1, 2022
750.00 %
Jan 1, 2023
124.73 %
Jan 1, 2024
131.49 %
Jan 1, 2025
335.41 %
Jan 1, 2026 (e)
222.22 %
Jan 1, 2027 (e)
222.22 %
Jan 1, 2028 (e)
259.95 %
Price targets and forecasts for Snowman Logistics are not yet available.

Snowman Logistics shareholder structure

% Name
50.00948%
Gateway Distriparks, Ltd.
Gateway Distriparks, Ltd.
1.67574%
Massachusetts Institute of Technology
Massachusetts Institute of Technology
1.54929%
Vijaya (S)
Vijaya (S)
1.39274%
Shyam (S)
Shyam (S)
0.37328%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
0.09321%
Dimensional Fund Advisors, Ltd.
Dimensional Fund Advisors, Ltd.

Snowman Logistics Beneficial Ownership Filings (SEC 13D/G)

Free Float
47.0%
Float Shares
-
Shares Outstanding
-

Snowman Logistics Executives and Management Board

11 members · avg. age 52 · 9 % women

Management

PH

Mr. Padamdeep Handa

Chief Executive Officer, Whole Time Director · since 2024

SG

Shri. Raghav Garg (40)

Chief Financial Officer

BN

Mr. Balakrishna N.

Chief Financial Officer

SD

Mr. Sohan Dhakad

Chief Compliance Officer, Company Secretary

Board of Directors

PG

Mr. Prem Gupta (63)

Non-Executive Chairman of the Board · since 2020

400,000.00 INR
IG

Mr. Ishaan Gupta

Non-Executive Director

400,000.00 INR
SG

Mr. Samvid Gupta

Non-Executive Director

400,000.00 INR
AA

Mr. Anil Aggarwal

Non-Executive Independent Director

400,000.00 INR
AG

Mr. Arun Gupta

Non-Executive Independent Director

400,000.00 INR
BR

Mr. Bhaskar Reddy

Non-Executive Independent Director

400,000.00 INR

Frequently asked questions about Snowman Logistics

8 analysts currently rate the Snowman Logistics stock: 0 recommend buying, 2 holding and 6 selling. For 2026, analysts expect Snowman Logistics to generate revenue of 1.96 B INR and earnings per share of 0.45 INR.

Converted at the current exchange rate, the Snowman Logistics share trades at 0.37 EUR (40.71 INR).

No history available for Snowman Logistics.

The expected revenue of Snowman Logistics is 1.96 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Snowman Logistics is 75.19 M INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Snowman Logistics is currently 90.47. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Snowman Logistics stock.

The price-to-sales ratio (P/S) of Snowman Logistics is currently 3.47. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Snowman Logistics stock.

The Eulerpool Quality Score for Snowman Logistics is 3/10.

The ISIN of Snowman Logistics is INE734N01019. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Snowman Logistics is SNOWMAN.NS. The ticker symbol is used to trade Snowman Logistics shares on the stock exchange.

Over the past 12 months, Snowman Logistics paid a dividend of 1.00 INR . This corresponds to a dividend yield of about 2.46 %. For the coming 12 months, Snowman Logistics is expected to pay a dividend of 1.00 INR.

The current dividend yield of Snowman Logistics is 2.46 %.

Snowman Logistics pays a dividend, distributed in the months of , , , .

Snowman Logistics paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 1.00 INR are expected. This corresponds to a dividend yield of 2.46 %.

Snowman Logistics is assigned to the 'Industry' sector.

To receive the latest dividend of Snowman Logistics from amounting to 0.5 INR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Snowman Logistics distributed 1 INR as dividends.

The dividends of Snowman Logistics are distributed in INR.