Snowman Logistics Limited
Snowman Logistics is engaged in the business of Temperature controlled logistics including, but not limited to storage, transportation by road, and distribution of products requiring a temperature controlled environment.
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Snowman Logistics reported revenue up 9.21% to INR 177.68 Cr and EBITDA up 16.81% to INR 29.31 Cr for the quarter. The company plans network expansion with owned and asset-light warehouses, driven by strong demand for temperature-controlled logistics.
Snowman Logistics will open a new 10,000-pallet temperature-controlled facility in Hyderabad by Q2 next year. This asset-light expansion significantly boosts capacity, strengthening its cold chain network in Andhra and Telangana for diverse sectors like pharma and QSR.
Snowman Logistics expands by establishing a 6,500-pallet temperature-controlled facility in Patna. This strategic move strengthens cold chain infrastructure, targeting diverse segments like seafood and pharma in eastern India's growing market.
Snowman Logistics reported 9.01% revenue growth to INR 143.72 Cr and EBITDA of INR 24.06 Cr. The company is expanding into Pune and Patna via a build-to-suit model and exploring asset-light growth. Management anticipates demand boost from new trade agreements, especially for seafood.
Snowman Logistics recorded 8.5% Q2 revenue growth to INR 155.65 Cr. Despite short-term cold chain demand moderation from QSR/tariffs, domestic consumption remains strong. The company is expanding through land acquisition and asset-light BTS, confident in balancing rising input costs for sustained margins.