Snowman Logistics and its parent company Gateway Distriparks Limited (GDL) have reported robust performance in the first quarter, showcasing resilience and strategic growth initiatives across their logistics and cold chain operations.

Gateway Distriparks: Steady Performance Amid Challenges

Gateway Distriparks' rail business achieved an EBITDA of INR 9,100.00 per TEU, slightly down from previous quarters due to operational challenges. The company faced increased empty container movements and reduced double stacking, which stood at 39.00% during the quarter. Despite these headwinds, GDL maintained its market share across key regions, with 16.00-17.00% in NCR, 27.00% in Ludhiana, and 37.00% in Uttarakhand.

Samvid Gupta, Joint Managing Director of Gateway Distriparks, expressed optimism about future performance, stating, "We should probably get back to INR 9,500.00 per TEU quite fast. We're still targeting double-digit growth for the entire year."

The company's CFS (Container Freight Station) business showed improvement, with EBITDA reaching INR 1,500.00 per TEU. GDL is actively exploring expansion opportunities, including asset-light models and potential new Inland Container Depot (ICD) locations.

Snowman Logistics: Expanding Capacity and Services

Snowman Logistics, the cold chain arm of Gateway Distriparks, continues to strengthen its market position with strategic capacity additions and service expansions. The company is adding new facilities in Calcutta, Krishnapatnam, and Kundli, with plans to increase its pallet capacity to over 200,000 in the next three years.

Padamdeep Singh Handa, CEO of Snowman Logistics, highlighted the company's growth in the 5PL (Fifth Party Logistics) segment: "We have seen positive growth in our warehousing and distribution business, attributed to new customers added last quarter and solid growth from existing customers."

Snowman has successfully implemented price increases of 5.00-7.00% across segments, reflecting the strong demand for its services. The company is expanding its 5PL services with high-profile clients such as IKEA, Tim Hortons, and Kopi Kenangan on a pan-India basis.

Strategic Initiatives and Future Outlook

Both Gateway Distriparks and Snowman Logistics are focusing on strategic growth initiatives:

1. Domestic Expansion: GDL is exploring opportunities in the domestic segment, aiming to increase volumes by procuring new containers and expanding its fleet.

2. Asset-Light Models: The companies are considering asset-light approaches for expansion, potentially partnering with terminal operators while managing rail operations.

3. Sustainable Practices: GDL has implemented solar power solutions at 80.00-90.00% of its locations and is evaluating electric and LNG vehicles to reduce operational costs and environmental impact.

4. Capacity Expansion: Snowman Logistics plans to add 5-6 new facilities over the next three years, with a mix of owned and asset-light models.

5. Technology Integration: Continued investment in digital platforms and IoT-based monitoring to enhance operational efficiency.

While facing challenges such as land acquisition for new ICDs, both companies remain committed to their expansion plans. Gateway Distriparks has earmarked INR 300.00 crore for two new terminals, with an additional INR 30.00 crore annual capex for existing operations.

As India's logistics sector continues to evolve, Gateway Distriparks and Snowman Logistics are well-positioned to capitalize on growth opportunities in rail logistics, cold chain, and integrated supply chain solutions.

Snowman Logistics Limited , a leading integrated temperature-controlled logistics service provider, has reported a strong start to the fiscal year 2025-26 with significant growth in revenue and profitability. The company's strategic investments in expanding its cold chain infrastructure and strengthening its integrated logistics solutions have yielded positive results.

Financial Performance

For the quarter ended June 30, 2025 (Q1FY26), Snowman Logistics achieved a revenue of ₹162.70 crore, marking a robust 16% year-on-year growth from ₹140.20 crore in Q1FY25. The company's EBITDA increased to ₹25.10 crore from ₹24.20 crore in the corresponding quarter of the previous year. However, EBITDA margins compressed to 15.30% from 17.20% year-on-year.

Net profit for the quarter rose to ₹2.50 crore, up from ₹1.80 crore in Q1FY25, representing a significant 42% increase.

Segment Performance

The company's performance across its business segments showed mixed results:

Expansion of Cold Chain Infrastructure

During the quarter, Snowman Logistics commissioned two new temperature-controlled facilities:

1. A facility in Kolkata
2. A facility in Krishnapatnam

These additions have expanded the company's total capacity by 9,557 pallet positions, bringing its total capacity to 1,50,754 pallets across 43 warehouses in 20 cities. This expansion reinforces Snowman's pan-India leadership in cold storage infrastructure.

Strategic Developments

The company is making progress in its 5PL (Fifth Party Logistics) model expansion, adding high-quality clients including Unilever and Kopi Kenangan. This strategic focus on end-to-end distribution capabilities is expected to drive growth in the coming quarters.

Management Commentary

Mr. Padamdeep Singh Handa, CEO & Whole-time Director of Snowman Logistics, commented on the results: "We are pleased to report a strong start to FY'26, with revenue for Q1 standing at ₹162.70 crore, reflecting a 16% 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 further added, "Our warehousing services segment grew 6.2% year-on-year, while our trading and distribution vertical continued its strong momentum, registering a robust 46.2% growth. The transportation segment witnessed a temporary decline due to a shift in customer mix, but we expect a recovery in the coming quarters with new customer additions and improving fleet optimization."

Future Outlook

Snowman Logistics remains confident about improved throughput in the coming quarters as seasonal volumes pick up and new clients are onboarded. The company continues to enhance customer engagement through technology-enabled interfaces and real-time visibility platforms as part of its ongoing digital transformation efforts.

With its expanded infrastructure and strategic focus on integrated logistics solutions, Snowman Logistics is well-positioned to capitalize on the growing demand for cold chain logistics services in India.