Snowman Logistics Reports 42% Year-on-Year Profit Growth in Q4 FY26
Snowman Logistics gains as Q4 PAT jumps 42% YoY to Rs 6 cr
Business Standard
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Snowman Logistics, an integrated temperature-controlled logistics provider in India, reported a 42.05% increase in standalone net profit to ₹5.54 crore for Q4 FY26. Revenue from operations rose by 3.86% to ₹142.31 crore, reflecting steady growth despite a decline in profit before tax due to increased expenses.
- 01Net profit increased by 42.05% to ₹5.54 crore in Q4 FY26.
- 02Revenue from operations rose 3.86% year-on-year to ₹142.31 crore.
- 03EBITDA grew by 1.7%, but EBITDA margin decreased to 17.3%.
- 04The company plans to expand its warehousing capacity by adding 13,000 pallet positions.
- 05Transportation segment faced a decline due to strategic business transitions.
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Snowman Logistics, a prominent player in India's temperature-controlled logistics sector, reported a 42.05% increase in its standalone net profit, reaching ₹5.54 crore for the fourth quarter of FY26, compared to ₹3.90 crore in the same quarter last year. The company's revenue from operations also saw a modest rise of 3.86%, totaling ₹142.31 crore. Despite the profit growth, the profit before tax fell sharply by 72% to ₹0.91 crore due to rising expenses, which increased by 6.24% to ₹142.45 crore. Notably, employee benefit expenses surged by 25.08% to ₹11.17 crore. The EBITDA for the quarter stood at ₹24.8 crore, marking a slight growth of 1.7%, though the EBITDA margin decreased to 17.3% from 17.8% in the previous year. CEO Padamdeep Singh Handa highlighted the company's revenue for FY26 at ₹604.4 crore, reflecting a consistent year-on-year growth of 9.5%. The company has also expanded its warehousing capacity significantly, adding approximately 17,000 pallet positions across four new facilities in Kolkata, Krishnapatnam, Kundli, and Jaipur, with plans for further expansion in Pune and Patna.
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The growth in net profit and revenue indicates a positive outlook for Snowman Logistics, potentially benefiting its clients and stakeholders in the logistics sector.
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