Snowman Logistics Limited has declared its first interim dividend for the current financial year, marking a positive development for shareholders. The Board of Directors approved the dividend declaration at their meeting held on February 06, 2026.

Dividend Details

The company has announced key parameters for the interim dividend distribution:

Regulatory Compliance

The dividend announcement was formally communicated to stock exchanges as required under Regulation 42. The company notified both the National Stock Exchange of India Limited and BSE Limited about the interim dividend declaration and record date fixation.

Exchange Details:

• NSE Scrip Code: SNOWMAN
• BSE Scrip Code: 538635
• Equity ISIN: INE734N01019

Shareholder Eligibility

Shareholders holding equity shares as of the record date February 12, 2026, will be eligible to receive the interim dividend payment. The record date serves as the cut-off for determining which investors qualify for the dividend distribution.

The announcement was signed by Sohan Singh Dhakad, Company Secretary & Compliance Officer (ACS No. 63562), confirming the official nature of this corporate action. This interim dividend represents the first such distribution for the Financial Year 2025-26.

Snowman Logistics has released its comprehensive investor presentation for the quarter and nine months ended December 31, 2025, showcasing strong operational performance despite facing regulatory challenges. The cold chain logistics leader reported revenue of ₹143.7 crores for Q3FY26 compared to ₹131.8 crores in the corresponding quarter of the previous year, registering a growth of 9.0%.

Q3FY26 Financial Performance

The company's quarterly results demonstrate solid operational improvements with revenue growth accompanied by enhanced EBITDA performance. The total income for the quarter reached ₹145.0 crores, marking an 8.3% increase from ₹133.9 crores in Q3FY25.

Segment-wise Performance Analysis

Snowman Logistics operates through three key business segments, with warehousing services leading the growth trajectory during the quarter.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, the company maintained its growth momentum with total income reaching ₹464.7 crores compared to ₹419.4 crores in the corresponding period of the previous year, representing a 10.8% increase.

Management Commentary and Strategic Outlook

Padamdeep Singh Handa, CEO & Whole-time Director, expressed satisfaction with the continued positive growth trajectory. "We are pleased to report a continued positive growth into Q3FY26, with revenue for Q3 standing at ₹143.7 crore, reflecting a 9% year-on-year growth. This performance is a testament to the strategic investments made in expanding our cold chain infrastructure and strengthening our integrated logistics solutions," he stated.

The company has expanded its capacity by adding a temperature-controlled facility in Jaipur with 1,440 pallet positions, bringing the total capacity to 1,55,099 pallets across 45 warehouses in 21 cities.

Impact of Labour Code Implementation

The company reported exceptional items of ₹2.8 crores during Q3FY26, primarily related to the impact of newly notified Labour Codes by the Government of India. These codes consolidate 29 existing labour laws and have created incremental compliance costs, affecting the bottom line performance.

Corporate Actions and Dividend Declaration

Despite the quarterly loss, the Board of Directors declared the first interim dividend for FY2025-26 at ₹0.50 per equity share, representing 5.00% of the face value. The record date for dividend eligibility has been fixed as February 12, 2026.