Snowman
Snowman Logistics Limited is an Indian publicly listed cold chain logistics provider offering multi-temperature warehousing and refrigerated transportation to enterprise clients in seafood, ice cream, pharmaceutical, and chemical industries across India, with an owned-warehouse network targeting 200,000 pallet positions.
- Company typePublic
- Founded1996
- HeadquartersBangalore, India
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Snowman does
Snowman Logistics Limited is a publicly listed Indian temperature-controlled logistics company headquartered in Bangalore and operating as a subsidiary of Gateway Distriparks Limited (GDL). Founded in 1996 and traded on the NSE (ticker: SNOWMAN), the company provides integrated cold chain services, encompassing multi-temperature warehousing and refrigerated transportation, primarily serving seafood, ice cream, pharmaceutical, and chemical industry clients across India.
The company's core product is pallet-position-based cold storage, delivered through an owned-warehouse network across multiple Indian cities, supported by an annual capex of Rs 100-150 crore and a stated target of reaching 200,000 pallet positions. Facilities support a range of temperature regimes and, more recently, A-Grade dry warehouse configurations for hazardous chemicals — Snowman's first such facility was launched in Shoolagiri, Tamil Nadu (50,000 sqft, 5,500 metric tons) in December 2025 via a partnership with BDP UGL Global Logistics. FY26 capacity was expanded by approximately 17,000 pallet positions through new facilities in Kolkata, Krishnapatnam, Kundli, and Jaipur, with a 6,500-pallet Patna facility scheduled for January 2027.
The business model rests on two revenue streams: subscription-style storage rental income per pallet position and per-shipment freight charges for cold chain transportation. Customer engagement is direct B2B sales to enterprise clients across target verticals, with no disclosed SMB or long-tail segment. FY26 audited revenue was Rs 6,043.8 million, up 9.4% year over year, but full-year profit after tax declined to Rs 33.0 million from Rs 56.9 million, reflecting margin pressure in the transportation segment. India Ratings has affirmed the company's A+ credit rating with a stable outlook.
Snowman firmographics
Firmographics- Name
- Snowman
- Legal name
- Snowman Logistics Limited
- Website
- https://snowman.in
- Company type
- Public
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Snowman Logistics Limited is an Indian publicly listed cold chain logistics provider offering multi-temperature warehousing and refrigerated transportation to enterprise clients in seafood, ice cream, pharmaceutical, and chemical industries across India, with an owned-warehouse network targeting 200,000 pallet positions.
- Ownership category
- akta.pro rank
Snowman industry classification
Industry- Product category
- Cold Chain Logistics
- NAICS
- Refrigerated Warehousing and Storage (493120)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Frozen Food Cold Storage (TLALABAB)
- akta.pro secondary industry
- Frozen Goods Transport (Deep-Frozen) (TLADAHAF)
Keywords
Where Snowman is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices6 records
Markets served
Snowman business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Cold Storage Warehousing: Temperature-controlled warehousing services providing pallet positions for storage of perishable goods, pharmaceuticals, and temperature-sensitive products. Revenue generated through storage rental fees based on pallet positions and storage duration.
- Cold Chain Transportation: Transportation services for temperature-controlled cargo including perishable food, pharmaceuticals, and chemicals. Revenue is generated through freight charges based on distance, weight, and temperature requirements.
- Chemical Logistics Services: Dry warehouse storage and distribution services for chemical industry, marking company's diversification into chemical logistics sector through A-Grade facilities.
Go-to-market motion1 record
Distribution channels1 record
Snowman product offering
Product offeringCore offering
Snowman provides integrated temperature-controlled logistics (cold chain) services across India, including cold storage warehousing and refrigerated transportation. The company serves seafood, ice cream, pharmaceutical, and chemical industry customers with a target capacity of 200,000 pallet positions and invests Rs 100–150 crore in annual capex. FY26 revenue was Rs 6,043.8 million.
Product overview
Snowman Logistics operates as an integrated temperature-controlled logistics and warehousing provider in India. The core offering consists of cold storage and temperature-controlled warehousing services for perishable goods across food, pharmaceutical, and seafood industries. The company has expanded into chemical logistics through a partnership with BDP UGL Global Logistics, offering A-Grade dry warehouse facilities. Expansion plans include new cold storage facilities in eastern India (Patna) and ongoing capacity additions totaling approximately 17,000 pallet positions from new facilities in Kolkata, Krishnapatnam, Kundli, and Jaipur. The company invests Rs 100-150 crore annually in owned warehouses, targeting capacity expansion to 200,000 pallet positions.
Differentiator
Problem solved
Functional benefit
Products and services
- Cold Storage Warehousing Temperature-controlled warehousing services for seafood, ice cream, pharmaceutical, and chemical industry customers across India, with a target capacity of 200,000 pallet positions.
- Cold Chain Transportation Refrigerated transportation services for temperature-sensitive goods serving seafood, ice cream, pharmaceutical, and chemical customers across India.
- Chemical Logistics Services Specialty chemical storage and logistics services offered in partnership with BDP UGL Global Logistics, targeting chemical manufacturers and traders in India.
Quantifiable outcome
- 9.4% annual revenue growth to Rs 6,043.8 million in FY26
- +2 more outcomes
Companies that use Snowman
Customer profileSegments4 records
Ideal customer profiles4 records
Snowman technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Snowman partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BDP UGL Global Logistics (I) Pvt. Ltd.coreStrategic partnership for chemical logistics operations. BDP UGL Global Logistics provides global best practices implementation for hazardous chemical storage and distribution. The partnership enabled Snowman's first A-Grade dry warehouse facility in Shoolagiri, Tamil Nadu to become fully operational within just 100 days. The facility spans 50,000 sqft with 5,500 metric tons storage capacity.
Scale indicators9 records
Recent moves7 records
Expansion highlights4 records
Snowman competitors and assessment
Company assessmentOthers
- Snowman is a subsidiary of Gateway Distriparks — Gateway Distriparks: Gateway Distriparks is Snowman's parent and an intermodal logistics player; while not a direct cold chain competitor, it is the most relevant strategic context for Snowman's rail integration and capital structure.
Broad incumbents
- Concor (Container Corporation of India): Concor is India's dominant rail container operator and is increasingly active in reefer rail movement. Comparable to Snowman's Gateway Distriparks rail-integration advantage and relevant to cold chain via temperature-controlled containerized rail.
- DHL Supply Chain India: DHL Supply Chain operates multi-temperature warehousing and life-sciences cold chain in India. Comparable on pharma-grade cold storage capability and enterprise customer base, though as part of a global 3PL rather than an India-only specialist.
- Mahindra Logistics: Mahindra Logistics is a large Indian 3PL with a growing cold chain and last-mile distribution arm. Overlaps with Snowman on enterprise cold storage and transportation, though cold chain is one vertical within a much broader supply chain portfolio.
Direct peers
- Stellar Value Chain Solutions: Stellar Value Chain is an India-focused cold chain and contract logistics operator with multi-temperature warehouses and reefer transport. Directly comparable on integrated cold chain offerings and enterprise customer profile.
- ColdEx Logistics: ColdEx is an India-focused temperature-controlled logistics provider with owned reefer fleet and cold storage facilities. Closely comparable to Snowman on the integrated warehousing-plus-transport model and target verticals.
- Allcargo Logistics (Gati Kausar / Allcargo Cold Chain): Allcargo operates one of India's most visible cold chain logistics arms (formerly Gati Kausar), providing reefer trucking, cold storage, and integrated temperature-controlled distribution. Directly comparable to Snowman's warehousing-plus-transportation model across the same Indian customer base.
- TCI (Transport Corporation of India): TCI runs a dedicated cold chain division offering temperature-controlled warehousing, transportation, and distribution for pharma, food, and dairy. It is a directly comparable Indian pure-play cold chain operator serving overlapping vertical customers.
Regional players
- XPO Logistics (RXO, GXO): RXO/GXO operate temperature-controlled and food-grade logistics networks in adjacent regions; relevant as globally comparable cold chain 3PL benchmarks although geographic overlap with Snowman is limited.
Emerging players
- Delhivery: Delhivery is building cold chain capability within its pan-India logistics network, including part-truck and express cold shipments. An emerging competitor overlapping with Snowman's D2C and quick-commerce-facing customers.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Snowman social profiles
Digital presenceSnowman financial estimates
Financial estimateRevenue estimate
Valuation estimate
Snowman leadership team
Management profileNumber of profiles
Snowman funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Snowman M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Snowman
What does Snowman do?
Snowman provides integrated temperature-controlled logistics (cold chain) services across India, including cold storage warehousing and refrigerated transportation. The company serves seafood, ice cream, pharmaceutical, and chemical industry customers with a target capacity of 200,000 pallet positions and invests Rs 100–150 crore in annual capex. FY26 revenue was Rs 6,043.8 million.
Is Snowman a public or private company?
Snowman is a public company. It is classified as public and is currently operating.
When was Snowman founded?
Snowman was founded in 1996. It employs 501 to 1,000 people.
Where is Snowman based?
Snowman is headquartered in Bangalore, India, in the Asia region.
How does Snowman make money?
Three revenue lines are on record. Cold Storage Warehousing is the primary driver. The others are cold Chain Transportation and chemical Logistics Services.
Who are Snowman's main competitors?
Snowman is a subsidiary of Gateway Distriparks — Gateway Distriparks is listed as an others. Broad incumbents are Concor (Container Corporation of India), DHL Supply Chain India and Mahindra Logistics. Direct peers are Stellar Value Chain Solutions, ColdEx Logistics, Allcargo Logistics (Gati Kausar / Allcargo Cold Chain) and TCI (Transport Corporation of India). XPO Logistics (RXO, GXO) is listed as a regional player. Delhivery is listed as an emerging player.
Does Snowman have an API?
No public API is recorded for Snowman.
What industry is Snowman in?
Snowman's product category is Cold Chain Logistics. Its primary akta.pro industry code is TLALABAB, Frozen Food Cold Storage, with a secondary code of TLADAHAF, Frozen Goods Transport (Deep-Frozen). Its NAICS code is 493120 and its SIC code is 4220.