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Brainbees Solutions Ltd
NSE:FIRSTCRY

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Brainbees Solutions Ltd
NSE:FIRSTCRY
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Price: 290.55 INR 0.89% Market Closed
Market Cap: 150.8B INR

Brainbees Solutions Ltd
Investor Relations

Brainbees Solutions Ltd., the parent company of FirstCry, has emerged as an influential player in the retail and e-commerce landscape, specifically catering to the needs of infants, children, and expectant mothers. Born from the vision of its founders Supam Maheshwari and Amitava Saha in 2010, the company began as an online baby products retailer, a then-novel concept in India. Leveraging the increasing mobile and internet penetration, FirstCry effectively targeted a traditionally underserved market segment by capturing the growing e-commerce trend. It differentiated itself by offering a comprehensive selection of products including clothing, toys, furniture, and feeding essentials curated from both international and local brands, ensuring that parents could satisfy a spectrum of needs with just a few clicks.

Over the years, Brainbees expanded its business model to include an omnichannel strategy, bridging the gap between digital and physical shopping experiences. By rolling out hundreds of brick-and-mortar stores across India, the company tapped into consumers' desire to physically interact with products, thus garnering trust and enhancing brand loyalty. This strategic move not only augmented its revenue streams but also gave it a robust footing against competitors in the volatile e-commerce market. FirstCry's diversified approach, keen understanding of consumer behavior, and seamless integration of tech-driven and physical retail operations are key drivers that facilitate its continued growth and profitability, making it a formidable force in the rapidly evolving children's retail sector.

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FIRSTCRY
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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 14, 2025
AI Summary
Q2 2026

Profitability: Brainbees was PBT positive (excluding ESOP costs) in Q2 and H1 FY '26, and remained free cash flow positive in H1.

EBITDA Growth: Consolidated adjusted EBITDA increased by 51% YoY in Q2, with improvements across all business segments.

Revenue & GMV: Revenue from operations rose 10% YoY, and GMV for India and international businesses grew 11% YoY.

Margin Trends: India multichannel EBITDA margin expanded to 9.1% in Q2 from 8.6%, despite a slight dip in gross margin attributed to higher discounts after GST reforms.

International Progress: International business revenue grew 13% YoY in Q2, with gross margin up 300 bps and a 52% reduction in losses.

Network Expansion: The in-house delivery network expanded from 4 to 13 cities, now covering 20% of shipments, aiming for 50% by mid-next year.

Guidance: Management expects stronger sequential growth for both India and international segments in H2 FY '26, with India multichannel revenue growth likely in the early teens or higher.

Key Financials
Adjusted EBITDA
Up 51% YoY in Q2 FY '26
India Multichannel EBITDA
Up 14% YoY in Q2 FY '26
International Business Losses
INR 18.9 crores in Q2 FY '26
Globalbees EBITDA
Up 23% YoY in Q2 FY '26
Preschool Business Revenue
Up 22% YoY in Q2
Preschool Business EBITDA
Up 26% YoY in Q2
Consolidated Revenue from Operations
Up 10% YoY in Q2 FY '26
Annual Unique Transacting Customers
11 million
GMV (India & International)
Up 11% YoY
India Multichannel Online Unique Customers
10.5 million in Q2 FY '26
India Omnichannel Orders Growth
Up 8% in Q2 FY '26
India Multichannel GMV
Up 12% in Q2 FY '26
India Multichannel EBITDA Margin
9.1% in Q2 FY '26
India Multichannel Gross Margin
37% in Q2 FY '26
International Business Revenue
INR 236 crores in Q2 FY '26
International Business Gross Margin
26.3% in Q2 FY '26
International Business Orders Growth
Up 9% YoY in Q2 FY '26
International Business AUTC
Up 12% YoY in Q2 FY '26
Cash Profit After Tax
INR 71.6 crores
Earnings Call Recording
Other Earnings Calls

Management

Mr. Supam Maheshwari
Co-Founder, MD, CEO & Director
No Bio Available
Mr. Gautam Sharma
Chief Financial Officer
No Bio Available
Ms. Neelam Jethani
Company Secretary & Compliance Officer
No Bio Available
Mr. Sanket Hattimattur
Chief of Staff & Executive Director
No Bio Available
Mr. Prashant Jadhav
Chief Technology Officer
No Bio Available
Ms. Manjula Rao
Chief Human Resources Officer
No Bio Available
Mr. Abhinav Sharma
Country Head ? ME, Firstcry Management
No Bio Available
Mr. Nitin Agarwal
Chief Executive Officer of Globalbees Brands
No Bio Available

Contacts

Address
MAHARASHTRA
Pune
Rajashree Business Park, Plot No 114, Survey No 338, Tadiwala Road, Nr. Sohrab Hall
Contacts