SNOWMAN

Snowman Logistics financials

Market cap
₹654 Cr
Sector
Services
Calls analysed
6
Latest concall · Q1 FY27 · call held 05 Aug 2026

Snowman Logistics Limited Q1 FY27

What went well

  • Warehousing pricing benefits of 5% to 7% on average from most customers.
  • 5PL service margin remains between 5% to 6%, aiding volume growth in warehousing and distribution.
  • Guidance for 10% to 15% top-line growth across all segments for the current fiscal year.

What to watch

  • No new 5PL customer additions in Q1 FY27, though discussions are ongoing for Q3/Q4.
  • Pricing revisions are constant, implying ongoing negotiation rather than fixed hikes, to correct for labor and fuel costs.
Read the full call →

Guidance record · Q1 FY27

what the last two calls moved 19 tracked 3 delivered 8 missed 8 open
  • Kolkata Facility Commissioning delivered said Q4 FY25 Promised: Starting in the month of June itself and it will add additionally almost 6,000 pallets. Q1 FY27: Previously achieved. No new update.
  • Annual Capex (Snowman) revised down said Q4 FY25 Promised: Rs. 100 crores to Rs. 150 crores per year. Q1 FY27: The annual capex run-rate of 100-150cr was not mentioned. New capex plans focus on pallet additions, consistent with the lower FY27 guidance.
  • 5PL Gross Margins revised down said Q4 FY25 Promised: Will remain in the range of 6% to 8% depending upon the product mix. Q1 FY27: Management stated that 5PL service margin is typically 5% to 6%, which is below the original 6-8% target.

All 19 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 9.2%, net profit up 79.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue143 132 137 163 156 +9%144 +9%142 +4%178 +9%
EBITDA22 20 24 24 20 −9%23 +15%24 −1%29 +17%
Net profit1 -1 4 3 -3 −577%-2 −207%6 +42%5 +79%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −36.0% 1Y

₹30.0₹40.0₹50.0₹60.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 7 May 2026Q1 FY27 — 5 Aug 2026

1Y: ₹56.11 on 10 Sept 2025 → ₹35.91. High ₹58.87 (12 Sept 2025), low ₹30.7 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+2.9%
5 Aug
Q4 FY26
+0.7%
7 May
Q3 FY26
+0.8%
6 Feb
Q2 FY26
−5.4%
4 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Revenue grew 13.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 15.0%.

Year endingFY23FY24FY25FY26
Revenue₹418 Cr₹503 Cr₹553 Cr₹604 Cr
Operating profit₹89 Cr₹102 Cr₹89 Cr₹91 Cr
Operating margin21.2%20.2%16.2%15.0%
Interest₹22 Cr₹24 Cr₹24 Cr₹27 Cr
Depreciation₹52 Cr₹59 Cr₹63 Cr₹68 Cr
Net profit₹13 Cr₹13 Cr₹6 Cr₹3 Cr
Net margin3.2%2.5%1.0%0.5%
Cash from operations₹86 Cr₹88 Cr₹65 Cr₹98 Cr
Free cash flow₹72 Cr₹53 Cr₹-22 Cr₹70 Cr
ROCE6.0%7.0%4.0%4.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹167 Cr₹167 Cr₹167 Cr₹167 Cr₹167 Cr₹167 Cr
Reserves₹253 Cr₹255 Cr₹255 Cr₹251 Cr₹239 Cr₹235 Cr
Borrowings₹220 Cr₹265 Cr₹258 Cr₹278 Cr₹326 Cr₹312 Cr
Other liabilities₹27 Cr₹40 Cr₹45 Cr₹51 Cr₹61 Cr₹65 Cr
Total liabilities₹667 Cr₹728 Cr₹725 Cr₹746 Cr₹794 Cr₹779 Cr
Fixed assets₹461 Cr₹543 Cr₹517 Cr₹525 Cr₹586 Cr₹563 Cr
Capital work in progress₹20 Cr₹2 Cr₹8 Cr₹14 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹1 Cr₹43 Cr₹35 Cr₹0 Cr₹0 Cr
Other assets₹185 Cr₹182 Cr₹155 Cr₹173 Cr₹207 Cr₹216 Cr
Total assets₹667 Cr₹728 Cr₹725 Cr₹746 Cr₹794 Cr₹779 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public added +0.42 pp while DIIs trimmed −0.32 pp. The shareholder count shrank 9% to 98,402.

Promoters
50.0%
FIIs
3.0%
DIIs
0.8%
Public
46.2%

Since Jun 2025

  • Public +0.42 pp
  • DIIs −0.32 pp
  • FIIs −0.11 pp

How it drifted, 12 quarters

Over this window the public fell from 53.7% to 46.2% — −7.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 43.0%, FIIs 2.3%, DIIs 1.0%, Public 53.7%.Dec '23: Promoters 44.3%, FIIs 3.3%, DIIs 1.0%, Public 51.4%.Mar '24: Promoters 45.2%, FIIs 2.2%, DIIs 1.0%, Public 51.5%.Jun '24: Promoters 46.4%, FIIs 2.7%, DIIs 1.2%, Public 49.7%.Sep '24: Promoters 47.6%, FIIs 2.4%, DIIs 1.2%, Public 48.8%.Dec '24: Promoters 50.0%, FIIs 2.5%, DIIs 1.2%, Public 46.3%.Mar '25: Promoters 50.0%, FIIs 2.6%, DIIs 1.2%, Public 46.3%.Jun '25: Promoters 50.0%, FIIs 3.1%, DIIs 1.2%, Public 45.8%.Sep '25: Promoters 50.0%, FIIs 3.2%, DIIs 1.2%, Public 45.6%.Dec '25: Promoters 50.0%, FIIs 3.1%, DIIs 0.8%, Public 46.0%.Mar '26: Promoters 50.0%, FIIs 3.0%, DIIs 0.8%, Public 46.1%.Jun '26: Promoters 50.0%, FIIs 3.0%, DIIs 0.8%, Public 46.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Snowman Logistics Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Gateway Distriparks Limited 50.01%unchanged
Vijaya S 2.49%unchanged
Massachusetts Institute Of Technology Endowment1.68%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (6)

Read the Q1 FY27 call →

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