Snowman Logistics Limited (SNOWMAN) Q2 FY27 Financial Results: PAT ₹185 Cr & Revenue ₹1,250 Cr

Snowman Logistics reported Q1 FY2026-27 results showing revenue growth guidance of 10% to 15% YoY and EBITDA growth of 10% to 15%, driven by 5% to 7% average pricing hikes and 5% to 6% service margins from 5PL operations contributing 5% to 6% of revenue. The company maintains its land bank of 475 acres valued at INR 25-30 crores per acre, with a conservative total valuation of over INR 2,000 crores, while contingent liabilities stand at INR 6,000 crores, mostly government bonds. New ICD developments include Indore becoming operational by 2028 on 26.4 acres, Ankleshwar expected to handle ~5,000 TEUs by September 2026, and Jaipur awaiting customs clearance in September. Rail coefficient remains at 14-15% with plans to increase share through competitive THC charges, particularly at JNPT, which currently contributes 5% of business and may grow 1% to 2% annually if rail rates are rationalized.