By BullScreen Editorial Team 
Snowman Logistics Limited reported mixed but operationally stable Q4 results 2026, with revenue growth remaining healthy while annual profitability came under pressure from higher costs and regulatory expenses.
The company posted Q4FY26 revenue from operations of ₹142.3 crore, up 3.9% year-on-year from ₹137 crore in the same quarter last year. EBITDA rose 1.7% to ₹24.8 crore, while EBITDA margin narrowed slightly to 17.3% from 17.8% due to rising employee and operating expenses.
Net profit for the quarter surged 41.8% to ₹5.5 crore compared to ₹3.9 crore a year earlier, supported by a tax adjustment benefit during the quarter. However, for the full financial year, profit after tax declined 41.2% to ₹3.3 crore, reflecting cost inflation, higher depreciation, increased finance costs, and a ₹2.7 crore exceptional expense linked to newly implemented labour code provisions.
For FY26, the company’s operating revenue climbed 9.4% to ₹604.4 crore, while total income increased 9.2% to ₹608 crore. Cost of goods sold jumped 22.4%, significantly outpacing revenue growth and weighing on margins.
The warehousing business remained the key growth driver, with FY26 revenue rising 11.7% to ₹253 crore. The company’s 5PL trading and distribution segment also recorded strong momentum, growing 22.5% to ₹225 crore, as Snowman continued shifting toward integrated supply chain solutions. Meanwhile, transportation revenue declined as the company intentionally reduced standalone logistics operations to focus on higher-margin integrated services.
Snowman Logistics expanded its cold chain footprint during FY26 by commissioning new facilities in Kolkata, Krishnapatnam, Kundli, and Jaipur, adding around 17,000 pallet positions. The company currently operates 45 warehouses across 21 cities with storage capacity of 1,54,319 pallets and an average utilization rate of 86%.
| Metric | Q4FY26 | Q4FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹142.3 Cr | ₹137.0 Cr | ▲ 3.9% |
| Total Income | ₹143.4 Cr | ₹137.3 Cr | ▲ 4.4% |
| EBITDA | ₹24.8 Cr | ₹24.4 Cr | ▲ 1.7% |
| EBITDA Margin | 17.3% | 17.8% | ▼ 50 bps |
| Profit After Tax (PAT) | ₹5.5 Cr | ₹3.9 Cr | ▲ 41.8% |
| PBT Before Exceptional Items | ₹0.9 Cr | ₹3.3 Cr | ▼ 72.3% |
| Metric | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹604.4 Cr | ₹552.5 Cr | ▲ 9.4% |
| Total Income | ₹608.0 Cr | ₹556.8 Cr | ▲ 9.2% |
| EBITDA | ₹94.5 Cr | ₹93.5 Cr | ▲ 1.0% |
| EBITDA Margin | 15.6% | 16.8% | ▼ 120 bps |
| Profit After Tax (PAT) | ₹3.3 Cr | ₹5.7 Cr | ▼ 41.2% |
| Finance Costs | ₹26.7 Cr | ₹24.5 Cr | ▲ 9.0% |
| Depreciation & Amortization | ₹67.5 Cr | ₹63.1 Cr | ▲ 7.0% |
| Segment / Operations | Key Highlights |
|---|---|
| Warehousing Revenue | ₹253 Cr, up 11.7% YoY |
| Trading & Distribution Revenue | ₹225 Cr, up 22.5% YoY |
| Transportation Revenue | ₹126 Cr, down 11.3% YoY |
| Warehouse Network | 45 warehouses across 21 cities |
| Total Storage Capacity | 1,54,319 pallets |
| Capacity Utilization | 86% average utilization |
| Fleet Strength | 600+ trucks nationwide |
| Enterprise Clients | 794+ clients across 13 industries |
| New Capacity Added | 17,000 pallet positions in FY26 |
| Upcoming Expansion | 13,000 pallet positions in Pune & Patna |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f9b34eb-8b11-49bb-a7d7-4963413e7249.pdf