SNOWMANBSESnowman Logistics LtdMediumNeutral
Announced Wed, 6 May · 17:16 IST

Results

Pat NegativeRelated Party TransactionsContingent Liabilities IncreasedResults View source PDF

SNOWMAN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹42.45
prior close
₹42.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+0.8+1.6+0.5-1.7-5.4-10.1-8.5-9.7-10.5-12.3-13.7-12.2
Up moveDown movePending
AI summary

Snowman Logistics reported FY26 revenue of ₹60,438.11 lakhs, up 9.4% from ₹55,253.45 lakhs in FY25. However, the company posted a net loss of ₹256.05 lakhs for FY26 compared to a profit of ₹599.47 lakhs in FY25, primarily due to a higher tax outgo (₹462.51 lakhs tax expense vs a tax credit last year) from MAT credit utilisation and deferred tax remeasurement. Q4 FY26 alone showed a profit of ₹554.40 lakhs. The statutory auditor S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion. The company has disclosed related party land purchases with Gateway Distriparks and ongoing GST/income tax disputes totaling ₹1,395.11 lakhs as contingent liabilities.

Likely market impact

The shift to FY26 loss despite revenue growth is a concern, but Q4 performance is strong. The clean audit opinion provides some comfort. Tax timing items contributed significantly to the loss; underlying operations remain positive with EBITDA of ~₹9,179 lakhs.