Snowman Logistics Limited submitted an investor presentation to the National Stock Exchange of India Limited and BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation covers the un-audited financial results for the quarter and half year ended September 30, 2026 (Q2 & H1 FY27).

Management Commentary

Padamdeep Singh Handa, CEO & Whole-time Director, provided commentary on the quarter's performance. The company reported continued growth with investments in cold chain infrastructure, network capacity, and integrated logistics solutions supporting performance. Management highlighted that digital platforms, real-time visibility, and data-driven decisions are strengthening customer experience and operational performance. Warehouse network maintained healthy utilization, and with seasonal demand expected to strengthen and a healthy customer acquisition pipeline, the focus remains on improving throughput and asset utilization for sustainable growth.

Company Overview

Snowman Logistics is a cold chain logistics company incorporated in 1993 with over 25 years of industry leadership. Gateway Distriparks Limited acquired a majority stake in 2006 (current ownership: 50.01%). The company provides integrated logistics services including nationwide temperature-controlled warehouses, dedicated fleet for transportation, and India's first cold chain 5PL offering.

Operational Metrics:

  • 40 warehouses across 21 cities
  • Total pallet capacity: 1,51,618
  • Storage temperature range: -25°C to +25°C
  • Total vehicles: 350+
  • Q2 FY27 capacity utilization: 85%
  • Majority warehouses hold ISO 22000, ISO 14001 and FSSAI certifications

Service Offerings

The company operates an integrated cold chain platform through four service verticals:

Snowpreserve (Temperature-Controlled Warehousing): Storage from -25°C to +25°C with shared or dedicated facilities, fixed/variable models, fulfilment centers and bonded warehouses. Services include receipt, pick, pack, dispatch, returns, packing, repacking, labelling, EXIM and blast freezing. Facilities have separate chambers, ante rooms, packing rooms, G+4/G+5 racking, reefer plugs, and 100% power backup with integrated rooftop solar.

Snowline (Long-Haul Transport): Primary transport for cold and ambient cargo using 12-18 tonne vehicles connecting suppliers and manufacturing to CWHs, hubs, CFAs and distribution centres. First-mile transport management with 24×7 vehicle and temperature monitoring. Flexible billing per km, by trip or on dedicated basis.

Snowreach (Regional & Last-Mile Distribution): Short-haul delivery to distributors and retailers using vehicles below 12 tonnes for secondary and tertiary B2B, interstate and intra-city distribution. Multi-temperature vehicles, routing and milk runs with 24×7 command-centre tracking and POD management. Includes dedicated warehousing support.

Snowdistribute (5PL Trading & Distribution): A super-stockist solution extending beyond traditional 3PL including forecasting, material planning, sourcing and procurement with contract support. Services include stock management, inventory ownership, vendor management, audits, compliance, end-to-end distribution, consolidation, billing and collections. Technology enables efficient networks and fast, accurate deliveries.

Financial Performance: Q2 FY27

Quarterly Results (₹ crore unless stated):

  • Revenue from Operations: ₹163.6 (vs. ₹155.6 in Q2 FY26, +5.1% YoY)
  • Other Income: ₹1.3 (vs. ₹0.6 in Q2 FY26)
  • Total Income: ₹164.9 (vs. ₹156.2 in Q2 FY26, +5.5% YoY)
  • COGS: ₹56.9 (vs. ₹57.7 in Q2 FY26)
  • Operating Expenses: ₹55.0 (vs. ₹50.2 in Q2 FY26)
  • Employee Expenses: ₹12.4 (vs. ₹11.6 in Q2 FY26)
  • Other Expenses: ₹15.2 (vs. ₹16.1 in Q2 FY26)
  • EBITDA: ₹25.3 (vs. ₹20.6 in Q2 FY26, +22.8% YoY)
  • EBITDA Margin: 15.3% (vs. 13.2% in Q2 FY26)
  • Depreciation: ₹17.5 (vs. ₹17.4 in Q2 FY26)
  • EBIT: ₹7.8 (vs. ₹3.2 in Q2 FY26, +144.3% YoY)
  • Finance Cost: ₹6.3 (vs. ₹7.4 in Q2 FY26)
  • PBT before Exceptional Items: ₹1.5 (vs. -₹4.2 in Q2 FY26, -135.5% YoY)
  • Exceptional Items: ₹0.0 (vs. ₹0.0 in Q2 FY26)
  • PBT after Exceptional Items: ₹1.5 (vs. -₹4.2 in Q2 FY26, -135.5% YoY)
  • Profit before Tax Margin: 0.9% (vs. -2.7% in Q2 FY26)
  • Tax: ₹0.5 (vs. -₹1.3 in Q2 FY26)
  • Profit After Tax: ₹1.0 (vs. -₹2.9 in Q2 FY26, -132.9% YoY)
  • PAT Margin: 0.6% (vs. -1.9% in Q2 FY26)
  • EPS: ₹0.06 (vs. -₹0.17 in Q2 FY26)

Quarterly Sequential Comparison (Q2 FY27 vs Q1 FY27):

  • Revenue from Operations: ₹163.6 (vs. ₹177.7 in Q1 FY27, -7.9% QoQ)
  • Total Income: ₹164.9 (vs. ₹178.4 in Q1 FY27, -7.6% QoQ)
  • EBITDA: ₹25.3 (vs. ₹29.3 in Q1 FY27, -13.8% QoQ)
  • EBITDA Margin: 15.3% (vs. 16.43% in Q1 FY27)
  • EBIT: ₹7.8 (vs. ₹11.9 in Q1 FY27, -34.9% QoQ)
  • PBT before Exceptional Items: ₹1.5 (vs. ₹5.4 in Q1 FY27, -72.3% QoQ)
  • Exceptional Items: ₹0.0 (vs. -₹1.6 in Q1 FY27)
  • PBT after Exceptional Items: ₹1.5 (vs. ₹7.0 in Q1 FY27, -78.7% QoQ)
  • Profit After Tax: ₹1.0 (vs. ₹4.5 in Q1 FY27, -78.9% QoQ)
  • EPS: ₹0.06 (vs. ₹0.27 in Q1 FY27)

Financial Performance: H1 FY27

Half Yearly Results (₹ crore unless stated):

  • Revenue from Operations: ₹341.2 (vs. ₹318.3 in H1 FY26, +7.2% YoY)
  • Other Income: ₹2.0 (vs. ₹1.3 in H1 FY26)
  • Total Income: ₹343.2 (vs. ₹319.7 in H1 FY26, +7.4% YoY)
  • COGS: ₹120.8 (vs. ₹119.6 in H1 FY26)
  • Operating Expenses: ₹113.0 (vs. ₹99.7 in H1 FY26)
  • Employee Expenses: ₹24.5 (vs. ₹22.2 in H1 FY26)
  • Other Expenses: ₹30.4 (vs. ₹32.5 in H1 FY26)
  • EBITDA: ₹54.6 (vs. ₹45.6 in H1 FY26, +19.3% YoY)
  • EBITDA Margin: 15.9% (vs. 14.3% in H1 FY26)
  • Depreciation: ₹34.9 (vs. ₹32.9 in H1 FY26)
  • EBIT: ₹19.7 (vs. ₹12.8 in H1 FY26, +54.4% YoY)
  • Finance Cost: ₹12.8 (vs. ₹13.0 in H1 FY26)
  • PBT before Exceptional Items: ₹6.9 (vs. -₹0.3 in H1 FY26)
  • Exceptional Items: -₹1.6 (vs. ₹0.0 in H1 FY26)
  • PBT after Exceptional Items: ₹8.5 (vs. -₹0.3 in H1 FY26)
  • Profit before Tax Margin: 2.5% (vs. -0.1% in H1 FY26)
  • Tax: ₹3.0 (vs. ₹0.1 in H1 FY26)
  • Profit After Tax: ₹5.5 (vs. -₹0.4 in H1 FY26)
  • PAT Margin: 1.6% (vs. -0.1% in H1 FY26)
  • EPS: ₹0.33 (vs. -₹0.02 in H1 FY26)

Business Segment Performance

Year-on-year growth for Q2 FY27:

  • Warehousing services: +7.6%
  • Transportation: +5.6%
  • Trading and distribution: +2.4%

Technology Infrastructure

The company utilizes multiple technology systems across its cold chain operations:

  • 24×7 Command Centre with dynamic vehicle monitoring using IoT and system-triggered alerts
  • Microsoft Dynamics 365 Business Central ERP and WMS for operations, finance, CRM, supply chain, analytics and warehouse MIS
  • Transport management system integrating contracts, POD auditing and on-time delivery performance
  • Online chamber monitoring providing real-time temperature alerts and escalations
  • Mobile checklists and digital chamber/vehicle locks for compliance and security
  • Dashboards, reports, and ticketing system for performance tracking and issue resolution

Corporate Structure and Ownership

Snowman Logistics Limited is a subsidiary of Gateway Distriparks Limited, which holds 50.01% ownership. Gateway Distriparks Limited operates in container logistics with 6 rail-linked inland container depots, 4 container freight stations, 35 train rakes, and 500+ trailers present pan-India connecting major industrial hubs with maritime ports.

Investor Relations Contact

Mrs. Richa Gupta, Company Secretary & Compliance Officer