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Snowman Logistics Ltd

Q2 FY27Transport Services

Snowman Logistics Q2 Results 2026 (FY27): Guides 10–20% Revenue Growth, Steady Margins

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Revenue
₹164Cr
+5.1% YoY
Net profit
₹1Cr
Q2 FY26: −₹3 Cr
Margin
14.65%
+1.8 pp YoY

What the Q2 FY27 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
Price₹34
Market cap₹569 Cr
P/E91.4

The short version

Snowman Logistics expects to grow volume with a ~10% year-on-year increase in pallets stored. Gateway Distriparks expects double-digit volume growth for the next year, driven by full-year operations at Ankleshwar EXIM and increased rail volumes.

From Snowman Logistics Ltd's Q2 FY27 earnings-call transcript · updated 6 Nov 2026.

How did Snowman Logistics' revenue grow in the September 2026 quarter?

Moderate growth
  • Snowman Logistics expects to grow volume with a ~10% year-on-year increase in pallets stored.
  • Own capacity expansion underway with around 23,000 additional pallet spaces being constructed, plus another 20,000 under discussion.
  • Warehouse utilization targeted at ~85-86%, with ongoing efforts to replace low-paying customers to maintain/improve margins.
  • Gateway Distriparks targets maintaining or increasing rail volumes at least at 100,000 TEUs per quarter.
  • Ankleshwar's ICD is expected to be operational by December 2027, contributing volumes after ramp-up.
  • Anticipated gradual volume growth supported by new rail-linked services, including with the Western Dedicated Freight Corridor (DFC).
  • 5PL segment growth has been sluggish (~1-2%), with cautious expansion due to lower margins.

2 more points from Snowman Logistics Ltd's call on revenue

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What happened to Snowman Logistics' margins in Q2 FY27?

See what Snowman Logistics Ltd said on profitability & margins — free account, 30 seconds.

What capex is Snowman Logistics planning?

Capex planned
  • Snowman Logistics is continuously expanding capacity, currently constructing around 23,000 pallets with another ~20,000 pallets under discussion for future growth.
  • Expansion plans include both build-to-suit (BTS) and owned capacities, targeting long-term growth aligned with P&L.
  • No aggressive pursuit of low-margin 5PL business; focus remains on profitable segments.
  • Gateway Distriparks is also investing in electrifying and replacing leased trains with owned ones.
  • Typical new project targets at least 15% IRR with a 7-year payback period.
  • Capex includes expansion at Ankleshwar and other terminals, planning for increased rail capacity usage, especially leveraging DFC connectivity.

2 more points from Snowman Logistics Ltd's call on capex

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Top-ranked in Transport Services

Ranked on what management guided this quarter

Guidance-ranked
1Ritco Logistics
Rev 1Mar 2
2Afcom Holdings
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 2Mar 1
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Snowman Logistics raising money or cutting debt?

See what Snowman Logistics Ltd said on fundraising & capital structure — free account, 30 seconds.

How big is Snowman Logistics' order book?

The following relevant points can be inferred: - Snowman Logistics has some discussions on 5PL customer acquisitions that are on the verge of closure but not yet concluded. - Expansion plans include constructing about 23,000 pallet spaces under construction and discussions for an additional 20,000 pallets. - Gateway Distriparks is bullish on adding more customers but is selective, avoiding low or negative margin clients. - Some accounts that were expected to close due to commercial issues have not been closed.

2 more points from Snowman Logistics Ltd's call on order book

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Snowman Logistics Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Snowman Logistics Ltd Q2 FY27 results — key figures

Snowman Logistics Ltd Q2 FY27 reported results vs Q2 FY26, ₹ crore
₹ CrQ2 FY27Q2 FY26YoYQ1 FY27QoQ
Revenue164156+5.1%178-7.9%
Operating profit (EBITDA)2420+19.9%29-16.3%
Operating margin14.65%12.84%+1.8 pp16.1%-1.5 pp
Profit before tax2-4—7-78.7%
Net profit (PAT)1-3—5-78.9%
EPS (₹)0.06-0.17—0.27-77.8%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹164 Cr, net profit ₹1 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Snowman Logistic's management said in earlier quarters

Earlier calls (6)

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Frequently Asked Questions

What were Snowman Logistics Ltd Q2 FY27 results?

Snowman Logistics expects to grow volume with a ~10% year-on-year increase in pallets stored. Gateway Distriparks expects double-digit volume growth for the next year, driven by full-year operations at Ankleshwar EXIM and increased rail volumes.

What is Snowman Logistics Ltd share price analysis?

Snowman Logistics Ltd currently shows a below-average growth signal. The stock trades at a P/E of 91.4 with a market cap of ₹569 Cr. Investors should review the full earnings analysis for detailed insights.

Is Snowman Logistics Ltd planning capital expenditure?

Snowman Logistics is continuously expanding capacity, currently constructing around 23,000 pallets with another ~20,000 pallets under discussion for future growth.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.