Snowman Logistics

Snowman Logistics reported a muted Q4 FY26, with rail volumes impacted by the West Asia crisis and subdued trade. Revenue growth was modest, while margins contracted due to startup costs at new warehouses, higher DG expenses, and one-time costs from domestic business ramp-up. Management guided for 15% growthCurrent reported value: 15% growth. No comparable prior figure is available in the source record. in rail and Snowman segments long-term, but near-term visibility is poor. The Indore ICD is targeted for FY28, and Jaipur awaits a July court hearing. A key risk is the ongoing geopolitical disruption, which management admits has no clear resolution timeline. Employee costs rose 12-13%Current reported value: 12-13%. No comparable prior figure is available in the source record. due to headcount additions and retention schemes. The company remains confident in its market leadership, with 86-87%Current 86-87%. Reported change: Flat YoY. capacity utilization and a double-stacking coefficient of 40%Current 40%. Reported change: +2pp YoY.. However, the lack of specific near-term guidance and persistent external headwinds keep the outlook cautious.