Brainbees Solutions
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Brainbees Solutions (FIRSTCRY) investor relations material

Brainbees Solutions Q3 25/26 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 25/26 earnings summary13 Feb, 2026

Executive summary

  • Achieved PAT positive status on a consolidated level for Q3 FY 2026, adjusted for ESOP cost, and remained cash flow positive for the nine-month period.

  • Revenue from operations grew 12% year-over-year in Q3 and 11% for the nine months, with adjusted EBITDA up 25% year-over-year.

  • Annual unique transacting customers reached 11.3 million, up 10% year-over-year.

  • Board approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, following Audit Committee recommendation.

  • Board changes included the resignation of a Non-Executive Director and appointment of a new Mahindra & Mahindra nominee.

Financial highlights

  • Q3 revenue increased to INR 24,236.31 million from INR 21,723.09 million, a 12% year-over-year growth; nine-month revenue at INR 63,853 million.

  • Adjusted EBITDA margin for consolidated business at 6.3% in Q3 and 5.8% for nine months.

  • Cash profit after tax for nine months was INR 2,397 million, up 72% year-over-year.

  • Net loss for the quarter was INR 384.04 million, with a net loss of INR 1,554.51 million for nine months.

  • School segment EBITDA grew 40% year-over-year in Q3 and 27% over nine months, with margins at 31% and 27% respectively.

Outlook and guidance

  • Management expects structurally superior growth in FY 2027 as new initiatives scale, with higher growth rates for both online and offline channels.

  • Confident in delivering mid- to late-teens growth in India Multichannel, driven by logistics and product initiatives.

  • International business prioritizes reducing losses before accelerating top-line growth, with break-even expected faster than the 10 years taken in India.

  • Ongoing investments in store expansion, technology, and overseas growth as per IPO objectives.

  • The company continues to monitor regulatory changes, especially regarding new labor codes, and will adjust accounting as needed.

IPO funds for overseas expansion progress
Impact of new labor code on retirement benefits
Ms. Saloni Jain Rana's strategic value to Board
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Frequently asked questions

Brainbees Solutions Limited, operating under the brand name FirstCry, is an Indian e-commerce company specializing in baby and children’s products. FirstCry offers a wide range of items, including clothing, toys, diapers, feeding supplies, and nursery furniture, catering to the needs of infants, toddlers, and young children. The company combines an online retail platform with physical stores across India, providing a comprehensive shopping experience for parents and families. In addition to retail, FirstCry also offers parenting resources and community support through its platform. The company is headquartered in Pune, India, and is privately held.

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