Brainbees Solutions Ltd
Founded in 2010, Brainbees Solutions Limited offers products for mothers, babies, and kids through its online platform 'FirstCry'.[1]
- Market Cap ₹ 13,752 Cr.
- Current Price ₹ 263
- High / Low ₹ 499 / 254
- Stock P/E 161
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 2.33 %
- ROE 1.17 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 18.8% CAGR over last 5 years
Cons
- Company has a low return on equity of -1.24% over last 3 years.
- Earnings include an other income of Rs.187 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 508 | 806 | 1,309 | 1,752 | 2,542 | 2,163 | 2,471 | 2,628 | |
| 1,450 | 1,013 | 1,214 | 1,699 | 2,652 | 2,148 | 2,368 | 2,515 | |
| Operating Profit | -942 | -208 | 95 | 54 | -110 | 15 | 103 | 113 |
| OPM % | -186% | -26% | 7% | 3% | -4% | 1% | 4% | 4% |
| 27 | 82 | 135 | 90 | 99 | 103 | 166 | 187 | |
| Interest | 0 | 3 | 12 | 23 | 40 | 52 | 51 | 50 |
| Depreciation | 18 | 34 | 60 | 87 | 129 | 150 | 138 | 135 |
| Profit before tax | -933 | -163 | 158 | 34 | -181 | -83 | 80 | 115 |
| Tax % | -0% | -0% | -80% | 44% | -14% | -25% | 25% | |
| -933 | -163 | 284 | 19 | -156 | -62 | 60 | 84 | |
| EPS in Rs | 1.15 | 1.62 | ||||||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 12% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 47% |
| TTM: | 6738% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -48% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 49 | 35 | 71 | 50 | 87 | 90 | 104 | 104 |
| Reserves | 1,472 | 2,375 | 3,457 | 3,471 | 3,651 | 4,125 | 5,942 | 6,073 |
| 7 | 34 | 7 | 322 | 7 | 529 | 478 | 483 | |
| 151 | 307 | 441 | 483 | 777 | 404 | 533 | 541 | |
| Total Liabilities | 1,678 | 2,751 | 3,976 | 4,326 | 4,522 | 5,148 | 7,058 | 7,201 |
| 351 | 381 | 398 | 732 | 520 | 967 | 878 | 863 | |
| CWIP | 7 | 23 | 7 | 21 | 14 | 0 | 5 | 1 |
| Investments | 0 | 50 | 315 | 1,011 | 1,472 | 1,942 | 2,478 | 2,753 |
| 1,320 | 2,297 | 3,257 | 2,563 | 2,516 | 2,239 | 3,697 | 3,585 | |
| Total Assets | 1,678 | 2,751 | 3,976 | 4,326 | 4,522 | 5,148 | 7,058 | 7,201 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -210 | -282 | 19 | -151 | 225 | 16 | 159 | |
| -758 | -707 | -626 | 214 | -235 | -326 | -1,644 | |
| 1,063 | 1,031 | 727 | -134 | -75 | 265 | 1,507 | |
| Net Cash Flow | 95 | 42 | 121 | -70 | -85 | -45 | 22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 39 | 36 | 30 | 67 | 114 | 111 |
| Inventory Days | 175 | 158 | 190 | 251 | 90 | 125 | 159 |
| Days Payable | 112 | 96 | 107 | 125 | 48 | 81 | 86 |
| Cash Conversion Cycle | 95 | 101 | 118 | 155 | 109 | 157 | 184 |
| Working Capital Days | 120 | 106 | 109 | 130 | 96 | 159 | 190 |
| ROCE % | -8% | 6% | 2% | -4% | -1% | 2% |
Documents
Announcements
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Announcement Under Regulation 30 (LODR)-Order And Notice Of Demand Issued By The Office Of The Assistant Commissioner Of Income Tax, Central Circle 1(1), Pune (Income Tax Department)
1d - Brainbees (FirstCry) income-tax assessment adds Rs93.58 crore; tax demand Rs31.36 crore (order Jan 30, 2026).
-
Announcement Under Regulation 30 (LODR)-Order Passed By Office Of The Commissioner Of Customs (Adjudication), Mumbai
15 Jan - Customs (Mumbai) ordered Rs.6,56,58,134 demand, fines and penalties against Brainbees; order dated Jan 13, 2026.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
8 Jan - On Jan 8, 2026, Swara Baby acquired 100% of Solis Hygiene; FirstCry stake rose to 76.59%.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Jan - Certificate under Reg 74(5) from MUFG Intime (RTA) for quarter ended Dec 31, 2025.
- Closure of Trading Window 29 Dec 2025
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT REC
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Sep 2024Transcript PPT REC
Market Leadership[1][2]
FirstCry is India’s largest multi-channel platform for mothers, babies, and kids, leading the market in terms of Gross Merchandise Value (GMV). Its GMV grew from 9,121.12 crore in FY24 to 10,585.3 crore in FY25, marking a 16% year-on-year increase.[3]