Brainbees Solutions Ltd.Revenue +13%, India +17.7%, Margin Dips

Brainbees Solutions, which runs FirstCry, reported Q1 FY27 consolidated revenue from operations of ₹2,106 Cr, up 13%, its strongest growth in five years, with GMV of ₹2,807 Cr, up 12%.

India multi-channel revenue grew 17.7%, the best in seven quarters, helped by the RocketBees delivery network, now over half of online shipments, the FC Qwik fast-delivery service and a 15% rise in offline GMV. Consolidated adjusted EBITDA margin fell to 4.24% from 4.98% and gross margin to 36.5% from 38.5%, as competition in diapers, about 15% of the business, and rupee and crude-linked costs in manufacturing hit margins.

Management said crude-linked costs will be fully passed on by the end of Q2 and diaper competition is easing. Loss after tax narrowed 34%. International revenue grew 12% with losses falling to 7% of revenue, GlobalBees was flat on a planned brand transition, and the pre-school business grew 47%. About 90 to 100 net new stores are planned this year.