What’s new

• New 10,000-pallet cold storage in Hyderabad's NH-44 logistics belt.
• Built-to-suit model; operational by Q2 next financial year.
• Complements existing 6,800 pallets; pan-India network to exceed 154,319 pallets.

Why it matters

For a micro-cap with a P/E of 191x and trailing revenue growth of just 3.9%, this capacity addition signals confidence in demand from seafood and pharma. The BTS model limits capex risk while adding ~6.5% to total capacity.

What we’re watching

• Utilisation rates of the new facility once operational.
• Any capex or lease disclosure from the BTS agreement.
• Revenue growth trajectory in the next few quarters.

The full read

Snowman Logistics is nearly tripling its Hyderabad cold-storage capacity. The company announced a new 10,000-pallet temperature-controlled facility on the NH-44 corridor, complementing the existing 6,800 pallets. The built-to-suit model keeps capex off Snowman's books while targeting demand from seafood, ice cream, QSR, and pharma. Construction has started; operations begin Q2 next fiscal. With this, the pan-India network expands beyond its current 154,319 pallets across 21 cities — a ~6.5% increase. For a micro-cap with a P/E of 191x and trailing revenue growth of just 3.9%, this is a calculated bet on Hyderabad's logistics boom. The key test will be utilisation rates once the facility is online.

Primary source: BSE · NSE