Crisil has assigned ‘A/stable rating’ to long-term bank facilities of Snowman Logistics, reflecting its established market position in the temperature-controlled logistics segment and benefits from continued parentage due to operational and strategic linkages with its parent Gateway Distriparks (GDL).
The rating also factors in the company’s adequate financial risk profile with improving operating profitability and prudent funding mix for proposed capacity expansion plan
Snowman Logistics is an integrated temperature controlled logistics services provider.
