Earnings Call Transcript for the quarter ended June 30, 2026

SNOWMAN ® a... August 12, 2026 The General Manager, The Manager, Department of Corporate Services Department of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza Floor 25, PhirozeJeejeebhoy Towers, Dalal Plot No. C/1, G Block, Bandra Kurla Complex, Street, Mumbai Bandra, Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: [SNOWMAN] Scrip Code: 538635 Equity ISIN: INE734N01019 Dear Sir/Madam, Sub: Transcript of Q1 FY 2026-27 – Earnings Call held on Wednesday, August 05, 2026, from 04:00 P.M. (IST) onwards Pursuant to Regulation 30 read with Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and further to our communication dated August 05, 2026, wherein we had informed regarding the audio recording of the Conference Call that was duly held on Wednesday, August 05, 2026 from 04:00 P.M. (IST) onwards, in this regard, please find enclosed herewith the Transcript of the aforesaid Earnings Call. Please note that the aforesaid transcript of the Call has also been uploaded on the website of the Company at: https://snowman.in/investor-relations/ Kindly take the aforesaid information on record. Thanking You, Yours Faithfully, For Snowman Logistics Limited Richa Gupta Company Secretary & Compliance Officer M. No. A56523 Encl.: As above Snowman Logistics Ltd. Corporate office: Wing B of 4th Floor, Prius Platinum, Saket District Centre, Saket, New Delhi – 110017. CIN: L15122MH1993PLC285633 T 011 4055 4500 Regd. Office: Plot No. M-8, Taloja Industrial Area, MIDC, Raigad, Navi Mumbai, Maharashtra -410206 T +91 22 39272004 E info@snowman.in W www.snowman.in SNOWMAN® GATEWAY DISTRIPARKS “Gateway Distriparks Ltd & Snowman Logistics Ltd Q1FY27 Earnings Conference Call” August 05, 2026 fl)] a GATEWAY SNOWMAN DISTRIPARKS - E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock exchange on 05th August 2026 will prevail. MANAGEMENT: MR. PREM KISHAN DASS GUPTA – CHAIRMAN AND MANAGING DIRECTOR (GATEWAY) & CHAIRMAN AND DIRECTOR (SNOWMAN) MR. ISHAAN GUPTA - JOINT MANAGING DIRECTOR(GATEWAY) & DIRECTOR (SNOWMAN) MR. SAMVID GUPTA – JOINT MANAGING DIRECTOR (GATEWAY) & DIRECTOR (SNOWMAN) MR. KARTIK SUNDARAM AIYER – CFO – GATEWAY DISTRIPARKS LIMITED MR. RAJGURU BEHGAL – CHIEF BUSINESS OFFICER – GATEWAY DISTRIPARKS LTD MR. PADAMDEEP SINGH HANDA – CEO AND DIRECTOR – SNOWMAN LOGISTICS LTD MR. RAGHAV GARG – CFO – SNOWMAN LOGISTICS Page 1 of 11 3CTh Gateway Distriparks Limited and Snowman Logistics Limited SNOWMAC( August 05, 2026 GATEWAY DISTRIPARKS Moderator: Ladies and gentlemen, good day, and welcome to the Q1 and FY '27 Earnings Conference Call of Gateway Distriparks Limited & Snowman Logistics Limited. This conference call may contain forward-looking statements about the company, which are based on beliefs, opinion and expectation of the company as on date of this call. These statements are not the guarantee of future performance and involve risks and uncertainties that are difficult to predict. Please note that this conference is being recorded. Before we proceed, we request everyone to include their firm name alongside their name in the Zoom display. Reminder, before we proceed, we request everyone to include their firm name alongside their name in the Zoom display. Today on the call, we have Mr. Prem Kishan Dass Gupta, Chairman and Managing Director. Mr. Samvid Gupta, Joint Managing Director. From Gateway Distriparks Limited, Mr. Kartik Sundaram Aiyer, Chief Financial Officer; Mr. Rajguru Behgal, Chief Business Officer. From Snowman Logistics Limited; Mr. Padamdeep Handa, CEO and Director; Mr. Raghav Garg, Chief Financial Officer. Ladies and gentlemen, we will now directly begin the question-and-answer session. Moderator: Our first question comes from the line of Jainam Shah. Please unmute yourself and speak. Jainam Shah: Yes, good afternoon. Hope I'm audible. Moderator: Yes, you are. Jainam Shah: Sir, this question is related to the Gateway Distriparks. So, what we see is that the volume for the ICD segment was quite stagnant on a Y-o-Y basis. Just wanted your thought on the market share part. Is it something that market has grown like this, and we have maintained our market share because of all this West Asia crisis that has been happening or we lost something or we gained something? What is your view on this particular thing? And how our volume is expected to behave for, for let's say, balance of the fiscal year? Samvid Gupta: So, the market share is intact only. The market has de-grown in the markets that we operate in. Basically, it's due to the war situation only, that's been going on since April. There's still uncertainty in the middle, there was a ceasefire, but again, it happened like the attack started again. So, it's led to a disruption in everything. We don't know when it will clear up, but we're still positive in long term. And we're hopeful that for the year, we can still close out on double- digit growth. Jainam Shah: Got it. Sir, on the medium-term perspective, while we have guided for, let's say, 10%, 15% kind of growth during last concalls, how we are confident on that part? Along with that, how DFC has been panning out, which has started from, let's say, last 1.5 months? How we are seeing the change after the connection to the JNPT? And how confident we are of achieving, let's say, double-digit growth? Is it the market growth? Is it some market share improvement for us? Is it new ICD, which is getting added in near term? How we should look at for like next 2 to 3 years' time? Page 2 of 11 3CTh Gateway Distriparks Limited and Snowman Logistics Limited SNOWMAC( August 05, 2026 GATEWAY DISTRIPARKS Samvid Gupta: So, right now, it's only dependent on this war situation. Once that clears up, then double digit will be easy to achieve for us. We had the traction going before April before February rather. And then after the situation, that's when we saw a dip in volumes. And when new ICDs come in, that will further add to our growth. So, Indore should be operational by 2028. Ankleshwar, they have received their initial customs permission, and we should be operational there for EXIM operations by September. And we're looking at new locations as well for both domestic and EXIM. So, we're positive on the long term. DFC, I'll just hand it to Rajguru, he can explain on that. Rajguru Behgal: Yes. So, the last connection, which was pending on the DFC stretch, now it is complete. So, in fact, we were the one who started the first double stack from JNPT towards NCR. So given the situation, it is too early to say because then there were some bad weather conditions at Mumbai. Because of that, there were some restrictions came into effect. So, we are also waiting and watching. So maybe it will take a couple of more months to see the cargo shifting towards JNPT. But now if we look at, after this West Asia crisis, wherein imports dried up in the months of April, May, there has been some improvement on the import side from June, July onwards. But we need to see how now Mundra and Pipavav ports, they are going to cope up with the congestion because ultimately, we also experienced some congestions at the port and towards major ports. So eventually, JNPT will have that opportunity to get some of the cargo from these ports as well as some conversion from road to rail, but it is very early to say. Jainam Shah: Got it, sir. Any updates on the Indore ICD? Samvid Gupta: Yes, it will be operational by 2028. We've also bought some... Jainam Shah: My bad, sorry, on the Jaipur ICD? Samvid Gupta: Okay. I'll just finish on Indore also. One other update was that we've acquired 2.5 more acres. So now we're at 26.4 acres roughly. Construction is ongoing in Indore. We've already awarded some tenders. But due to rains and all, it's a bit slow. But after, say, September, we'll be in full swing construction there. On Jaipur, there's no update. We've given it in o [Showing first 8,000 characters — download PDF for full document]