Results
SNOWMAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Snowman Logistics reported FY2026 revenue of Rs 60,438 lakhs, up 9.4% from Rs 55,253 lakhs in FY2025. However, the company swung to a net loss of Rs 256.05 lakhs versus a profit of Rs 392.89 lakhs in the prior year, primarily due to a sharp increase in total expenses (Rs 60,784 lakhs vs Rs 55,078 lakhs) and an exceptional charge of Rs 274.19 lakhs from the implementation of new Labour Codes. Q4 FY2026 showed some recovery with a profit of Rs 554.40 lakhs. The statutory auditor S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion on the financial statements. Segment-wise, warehousing contributed the largest profit (Rs 1,905 lakhs for FY2026), while transportation turned loss-making (Rs 50.63 lakhs profit vs Rs 276.64 lakhs prior year).
The company swung to a full-year loss despite modest revenue growth, raising concerns about cost management and profitability. The transportation segment is a particular drag. However, the Q4 recovery and clean audit opinion may provide some stability for the stock.