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Brainbees Solutions

FIRSTCRY NSE
₹166.37 No trade today
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹166.37 −177.98 −51.7% 1Y
Start ₹344.35

Key Fundamentals

MicrocapRetailConsumer Services

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
0.57%
Debt to Equity
0.33
EPS (TTM)
−₹2.40
Book Value
₹92.59
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
1.80
ROE
−2.37%
Dividend Yield
0.00%
EBITDA
₹447 Cr
52W High
₹353.55
52W Low
₹156.40
Volume
0

Peer Comparison

Consumer Discretionary › Retail › Ecommerce › E-Retail/ E-Commerce

Brainbees Solutions peer comparison
₹344.50662.50₹3,34,095 Cr10.620.00%0.38%2.48%₹77,956 Cr₹493 Cr
₹224.55—₹1,03,188 Cr24.730.00%−46.20%−40.00%₹13,835 Cr−₹1,201 Cr
₹355.50399.44₹1,01,640 Cr70.820.00%15.30%17.20%₹10,649 Cr₹260 Cr
₹178.89—₹49,465 Cr2.910.00%−29.10%−24.10%₹24,904 Cr−₹3,748 Cr
₹155.01—₹24,479 Cr12.030.00%−12.00%−7.82%₹1,717 Cr−₹333 Cr
₹2,492.9051.54₹12,070 Cr4.610.00%9.65%11.80%₹807 Cr₹254 Cr
₹131.89—₹9,563 Cr3.980.00%−5.14%−2.68%₹1,631 Cr−₹48 Cr
Brainbees Solutions (this company)
₹166.37—₹8,596 Cr1.800.00%−2.37%0.57%₹8,792 Cr−₹182 Cr
Median 8 companies₹201.72399.44₹36,972 Cr7.620.00%−3.76%−1.06%₹9,721 Cr−₹115 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

37 Weak

Data confidence 93/100

Category scores

Quality
28
Poor
Returns, margins, earnings quality 22% weight
Valuation
42
Weak
Cheap vs sector & own history 24% weight
Growth
44
Weak
Sales & profit trajectory 9% weight
Financial Health
36
Poor
Solvency, leverage, coverage 9% weight
Momentum
11
Poor
Trend strength, vol-adjusted 12% weight
Ownership
56
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

No strengths listed

Weaknesses

3
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -4.56% over last 3 years.
  • Earnings include an other income of Rs.121 Cr.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1072
OscillatorsBearish270
Moving AveragesStrong Bearish802

Key readings

RSI (14)
44.93
Neutral
MACD (12,26,9)
−4.19
Bearish
SMA (50)
174.63
Bearish
SMA (200)
216.26
Bearish

As of

Analyst Rating

Based on 5 analysts
BUY60%

3 of 5 analysts rate Buy, 1 Hold, 1 Sell.

As of

BUY
3
60%
HOLD
1
20%
SELL
1
20%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+39.76%
3Y+14.91%
1Y+11.59%
TTM+11.72%

Net profit

Net profit growth by window
5YTurned to loss
3YLoss narrowed by ₹282 Cr
1YLoss narrowed by ₹61 Cr
TTMLoss narrowed by ₹75 Cr

Operating cash flow

Operating cash flow growth by window
5YTurned positive
3YTurned positive
1YTurned positive
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+0.45 pp
3Y+8.70 pp
1Y+0.07 pp
TTM+0.57 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2018₹337 Cr
Mar 2019₹508 Cr
Mar 2020₹814 Cr
Mar 2021₹1,603 Cr
Mar 2022₹2,401 Cr
Mar 2023₹5,633 Cr
Mar 2024₹6,481 Cr
Mar 2025₹7,660 Cr
Mar 2026₹8,548 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2018−₹55.00 Cr
Mar 2019−₹933 Cr
Mar 2020−₹191 Cr
Mar 2021₹216 Cr
Mar 2022−₹79.00 Cr
Mar 2023−₹486 Cr
Mar 2024−₹322 Cr
Mar 2025−₹265 Cr
Mar 2026−₹204 Cr

Analyst Forecasts

Forecast For
Sep 26 consensus · EBITDA
₹110 Cr +24.7% vs Jun 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 1 Jul 2026
AI opinion · based on fundamentals
Risk high

Brainbees Solutions (FirstCry) shows strong revenue growth at 15% CAGR over 3 years and improving profitability trajectory with 30% TTM profit growth, but remains loss-making with negative ROE of -4.56% over 3 years and trades at a negative PE of -57.3x. The stock has declined 41% in the last year, reflecting market skepticism about the path to sustained profitability.

Bull Case 6
  • Strong 5-year revenue CAGR of 40% demonstrates robust top-line scaling in the baby and kids segment
  • TTM sales growth of 12% shows continued momentum even on a larger base
  • TTM profit growth of 30% indicates improving operating leverage and narrowing losses
  • 3-year compounded profit growth of 21% shows consistent trajectory toward breakeven
  • Market cap of Rs.12,157 Cr positions FirstCry as a category leader in the organized baby products market with scale advantages
  • ROE improving from -6% (5-year) to -5% (3-year) to -2% (last year) shows clear trend toward profitability
Bear Case 7
  • Stock has declined 41% over the past 1 year, reflecting severe loss of investor confidence
  • Negative PE of -57.3x confirms the company is still loss-making with no earnings to value
  • 3-year average ROE of -4.56% means shareholders are experiencing capital destruction
  • Low interest coverage ratio indicates debt servicing burden on an already unprofitable business
  • Earnings include other income of Rs.134 Cr, meaning core operating performance is weaker than headline numbers suggest
  • Zero dividend yield with no near-term prospect of payouts given ongoing losses
  • Price-to-book of 2.41x is elevated for a company generating negative returns on equity

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

121d ago

TL;DR: A quiet week for Firstcry with largely administrative corporate actions around its Swara subsidiaries. The tax notice on the ESOP Trust is a minor legal overhang but the company is contesting it. No material operational or growth catalysts emerged. Near-term direction will depend on upcoming quarterly results and execution on subsidiary monetisation via the Swara Baby IPO.

Headwinds 1
  • ESOP Trust income tax notice Jul 1

    Brainbees ESOP Trust received an Income Tax notice for A.Y. 2022-23 regarding issuance of 1.03 crore shares. The Trust denies escaped income and plans to pursue legal remedies.

Neutral 2
  • Swara Baby IPO share sale Jul 1

    Board approved selling up to Rs 3,000 million worth of shares in subsidiary Swara Baby Products' IPO. Swara Baby will remain a subsidiary post-offer.

  • Swara Corp timeline extended Jun 30

    Capital subscription timeline for step-down subsidiary Swara Corp extended to Dec 31, 2026 due to procedural delays.

Quarterly Results

₹ Cr
FIRSTCRY quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,407
1,507
1,900
1,667
1,652
1,905
2,172
1,930
1,863
2,099
2,424
2,163
2,106
Expenses
1,423
1,512
1,842
1,634
1,603
1,848
2,064
1,914
1,829
2,037
2,327
2,093
2,047
Operating Profit
−16
−6
59
33
49
57
108
16
33
62
97
70
60
OPM %
−1.1%
−0.4%
3.1%
2%
3%
3%
5%
0.8%
1.8%
3%
4%
3.2%
2.8%
Other Income
20
21
35
18
15
30.93
44.28
12
42
35
41
17
28
Interest
36
39
41
0
38
41
42
38
40
40
39
36
37
Depreciation
84
89
96
103
95
98
104
108
101
98
104
104
94
PBT
−115
−112
−43
−52
−70
−52
7
−118
−66
−41
−5
−53
−43
Tax %
−4%
7%
14%
−16%
8%
22%
314%
−5%
0%
22%
605%
−10%
3%
Net Profit
−110
−119
−48
−43
−76
−63
−15
−112
−67
−51
−39
−48
−44
EPS (₹)
—
—
—
—
—
−0.97
−0.15
−1.47
−0.89
−0.67
−0.55
−0.58
−0.6

Profit & Loss

₹ Cr
FIRSTCRY profit and loss, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
337
508
814
1,603
2,401
5,633
6,481
7,660
8,548
8,792
Expenses
402
1,450
1,047
1,561
2,420
5,950
6,410
7,430
8,286
8,503
Operating Profit
−65
−942
−233
42
−18
−317
70
230
262
289
OPM %
−19%
−186%
−29%
2.6%
−0.8%
−6%
1.1%
3%
3.1%
3.3%
Other Income
18
27
83
141
116
153
94
101
134
121
Interest
1
0
4
14
38
72
115
158
156
152
Depreciation
7
18
38
70
111
294
371
405
407
400
PBT
−55
−933
−191
98
−51
−530
−322
−232
−166
−143
Tax %
0%
0%
0%
−120%
54%
−8%
0%
14%
23%
—
Net Profit
−55
−933
−191
216
−79
−486
−322
−265
−204
−181
EPS (₹)
—
—
—
—
—
—
—
−3.67
−2.69
−2.4
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
FIRSTCRY balance sheet, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
6
49
35
35
45
81
81
96
97
Reserves
−1,094
1,472
2,347
3,366
3,447
3,368
3,082
4,645
4,730
Borrowings
1,657
7
34
214
446
906
1,430
1,570
1,594
Other Liabilities
96
151
341
459
2,147
2,602
2,727
2,359
2,416
Total Liabilities
666
1,678
2,758
4,073
6,084
6,957
7,321
8,670
8,836
Fixed Assets
356
351
383
669
2,213
3,533
3,868
3,609
3,591
CWIP
0
7
23
18
42
26
1
7
20
Investments
0
0
0
0
0
0
5
5
5
Other Assets
310
1,320
2,352
3,387
3,830
3,397
3,447
5,049
5,220
Total Assets
666
1,678
2,758
4,073
6,084
6,957
7,321
8,670
8,836

Cash Flow

₹ Cr
FIRSTCRY cash flow, annual, ₹ crore
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−70
−210
−300
−67
−132
−399
−42
−83
365
Investing
82
−758
−660
−445
−491
304
63
−1,438
−108
Financing
−9
1,063
1,033
718
644
−51
81
1,431
−282
Net Cash Flow
3
95
73
206
22
−146
102
−91
−25
Free Cash Flow
−71
−231
−349
−110
−353
−637
−385
−307
176
CFO/OP
106
22
128
−167
583
134
6
−22
164

Ratios

FIRSTCRY financial ratios, annual
Particulars Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
38
32
36
31
33
15
12
13
16
Inventory Days
117
175
162
182
227
119
143
162
133
Days Payable
92
112
97
104
123
68
80
71
68
Cash Conversion Cycle
63
95
101
109
138
65
76
105
81
Working Capital Days
68
120
100
90
79
40
46
36
44
ROCE %
—
−89%
−10%
4%
0%
−10%
−4%
0%
1%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Brainbees Solutions insights

54 extracted metrics across FY18–FY27.

Shareholding Pattern

As of Sep 2026

  • Others 60.83%
  • DIIs 22.07%
  • Public 11.46%
  • FIIs 5.63%

No promoter shares pledged as of 14 Oct 2026

Change since Jun 2026

Documents

Frequently Asked Questions about Brainbees Solutions

What does Brainbees Solutions Ltd do?
Founded in 2010, Brainbees Solutions Limited offers products for mothers, babies, and kids through its online platform 'FirstCry'.
Where is Brainbees Solutions Ltd (FIRSTCRY) listed?
Brainbees Solutions Ltd trades as FIRSTCRY on the NSE and under code 544226 on the BSE.
Which sector does Brainbees Solutions Ltd belong to?
Brainbees Solutions Ltd is classified under the Retail sector, in the Ecommerce industry.
What is the 52-week high and low of Brainbees Solutions Ltd?
Over the last 52 weeks Brainbees Solutions Ltd has traded between ₹156.4 and ₹353.55 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Brainbees Solutions Ltd?
Brainbees Solutions Ltd reported a return on equity of -2.37%. Its debt-to-equity ratio is 0.33.

Company Information

Founded in 2010, Brainbees Solutions Limited offers products for mothers, babies, and kids through its online platform 'FirstCry'.

Website firstcry.com
CEO Mr. Supam Maheshwari
Employees 3,752
Listed 13 Aug 2024
Face Value ₹2

For AI agents and developers

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