Latest news with #BrainbeesSolutions
Hans India
3 hours ago
- Business
- Hans India
FirstCry parent Brainbees' net loss stands at Rs 66.5 crore in Q1
Mumbai: Omnichannel kidswear brand FirstCry's parent company, Brainbees Solutions, on Wednesday reported a consolidated net loss of Rs 66.5 crore for the first quarter (Q1) of FY26. This is 12 per cent lower than the Rs 75.6 crore loss recorded in the same quarter previous year (Q1 FY25), according to its stock exchange filing. On a sequential basis, the loss fell sharply by 41 per cent from Rs 111.5 crore in the previous March quarter (Q4 FY25). The company's operating revenue for the April–June quarter rose 13 per cent year-on-year (YoY) to Rs 1,862.6 crore, compared to Rs 1,652.1 crore a year ago. However, revenue slipped 3.5 per cent from Rs 1,930.3 crore in the preceding quarter, the company stated in its regulatory filing. Including other income of Rs 48.4 crore, the total income increased 14 per cent YoY to Rs 1,911 crore. Total expenses during the quarter grew 14 per cent to Rs 1,829.4 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) dropped 33 per cent to Rs 33.10 crore from Rs 49.10 crore in the same period previous year, with the EBITDA margin narrowing to 1.8 per cent from 3 per cent. The company announced its results after market hours. On Wednesday, Brainbees' shares closed 0.07 per cent lower at Rs 374.90 on the National Stock Exchange (NSE), while the benchmark Nifty gained 0.54 per cent. The stock has fallen 44.79 per cent over the past year and 42.50 per cent so far in 2025, as per the official data. Along with its Q1 results, Brainbees said its board has approved an investment of Rs 19.96 crore in Globalbees Brands Private Limited, a key subsidiary. The investment will be made from the company's IPO proceeds. Globalbees operates in multiple consumer categories, including beauty, home care, personal care, nutrition and wellness, fashion jewellery, eyewear, health and fitness, sports, and home and kitchen appliances.
Mint
05-06-2025
- Business
- Mint
Brainbees Solutions share price: This new-age stock gains over 20% in one month. Will the momentum continue?
Shares of Brainbees Solutions, the parent company of FirstCry, surged by almost 12% during Thursday's trading session. Despite experiencing volatility, Brainbees Solutions managed to hold its ground following the announcement of its Q4 results. The company reported a net loss of ₹ 111 crore for Q4FY25, which is an increase from the loss of ₹ 43 crore in the same period last year. Revenue from operations grew by 16% year-on-year, reaching ₹ 1,930 crore, compared to ₹ 1,667 crore in Q4FY24. Brainbees Solutions share price today opened at ₹ 366.85 apiece on the BSE, the stock touched an intraday high of ₹ 410 per share and an intraday low of ₹ 359.25. FirstCry share price has gained over 20% in one month. Technical analysts said that FirstCry share price is a newly listed stock so technical data is not available. However with limited data analysts are witnessing a small range breakout with increase in volumes, the positive momentum can extend towards ₹ 450 whereas ₹ 340 is support. Anshul Jain, Head of Research at Lakshmishree Investments explained that FirstCry share price has broken out of a 44-day rounding bottom pattern with strong volumes, registering over 400% of the 50-day average volume at the breakout level of ₹ 394. According to Jain, a sustained move above the psychological resistance of ₹ 400 will likely trigger fresh bullish momentum, pushing the stock towards the ₹ 480 zone. The strong volume surge confirms institutional interest, making the current setup attractive for momentum traders aiming for further upside. JM Financial, a brokerage firm, has reaffirmed a 'buy' recommendation on the stock with a price target of ₹ 488. The report indicated that in Q4FY25, FirstCry achieved a 13.5% year-over-year growth in GMV for its core India Multi-Channel business, which was affected by a slowdown in offline sales and an unusually late winter, while the International segment saw a GMV increase of 16.4%. GlobalBees recorded impressive revenue growth of 33.4% year-over-year. The consolidated gross margin improved to 37.5%, reflecting a decline of 50 basis points year-over-year and quarter-over-quarter. Moreover, the adjusted EBITDA margin expansion for the India multi-channel business was modest at 40 basis points year-over-year due to reduced operating leverage. The consolidated adjusted EBITDA margin rose by 20 basis points year-over-year (a decrease of 120 basis points quarter-over-quarter) to reach 5.2%, largely due to the increasing contribution of the lower-margin GlobalBees segment in the overall revenue mix. 'We believe the company retains its deeply-moated position in its category and will be a key beneficiary of tax benefits and any recovery in discretionary spends. Sustained compounding story with cheap valuations,' the brokerage said. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Business Upturn
03-06-2025
- Business
- Business Upturn
Brainbees Solutions shares surge 15% on heavy trading volume
Shares of Brainbees Solutions witnessed a significant upswing in Tuesday's trading session, jumping 15% amid strong investor interest. As of 1:41 PM, the shares were trading 14.05% higher at Rs 389.20. The stock opened at ₹341.25 and climbed to an intraday high of ₹392.90 before settling within the day's range of ₹340.05 to ₹392.90. Despite today's rally, the stock remains well below its 52-week high of ₹734.00. However, it has rebounded considerably from its 52-week low of ₹286.05, marking a positive short-term trend. Brainbees Solutions Q4 Results Brainbees Solutions, the parent company of FirstCry, reported a robust 15.84% year-on-year increase in revenue, reaching ₹1,930 crore for the latest financial period, up from ₹1,666 crore the previous year. Despite this top-line growth, profitability metrics took a significant hit. The company's EBITDA dropped by 51.51%, falling to ₹16 crore from ₹33 crore a year earlier. As a result, the EBITDA margin shrank by 115 basis points, landing at 0.82% compared to the previous 1.98%. Adding to the concerns, Brainbees reported a net loss of ₹76.7 crore, deepening from the ₹51.7 crore loss in the same period last year. The financials also revealed an exceptional loss of ₹36.7 crore this quarter, contributing further to the bottom-line decline. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Economic Times
27-05-2025
- Business
- Economic Times
Standards regulator BIS seizes FirstCry products worth Rs 90 lakh
The Bureau of Indian Standards (BIS) carried out a search and seizure operation on Monday at a Bengaluru warehouse of FirstCry parent Brainbees Solutions, confiscating goods worth Rs 90 lakh for further investigation, the company said in an exchange filing on Tuesday. The action did not impact the company's operations, and they continue as usual, omnichannel baby care retailer FirstCry said in its filing. The standards regulator has alleged that FirstCry is in contravention of Section 14(6) of BIS Act, 2016 regarding a few products. The provision prohibits unauthorised establishments from assigning the Standard Mark or the ISI Mark to goods. The mark indicates a product meets the required quality standards."The company has taken note of the observations made by the BIS and is obtaining appropriate legal advice. Further, the company has no reasons to believe that the products seized by BIS are non-compliant of BIS Act, 2016,' the company said. On Monday, Brainbees Solutions reported a subdued performance for the March quarter, with its consolidated net loss widening 2.5 times year-on-year (YoY) to Rs 111.5 crore, compared to Rs 43 crore in the same period last year. The drop in bottomline came despite a 16% YoY rise in operating revenue to Rs 1,930.3 crore during the quarter. Along with revenue growth across business segments, the FirstCry parent saw consolidated expenses increase to Rs 1,914 crore, up from Rs 1,634 crore in the previous quarter.
Time of India
27-05-2025
- Business
- Time of India
Standards regulator BIS seizes FirstCry products worth Rs 90 lakh
The Bureau of Indian Standards (BIS) carried out a search and seizure operation on Monday at a Bengaluru warehouse of FirstCry parent Brainbees Solutions , confiscating goods worth Rs 90 lakh for further investigation, the company said in an exchange filing on Tuesday. The action did not impact the company's operations, and they continue as usual, omnichannel baby care retailer FirstCry said in its filing. The standards regulator has alleged that FirstCry is in contravention of Section 14(6) of BIS Act, 2016 regarding a few products. The provision prohibits unauthorised establishments from assigning the Standard Mark or the ISI Mark to goods. The mark indicates a product meets the required quality standards . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo "The company has taken note of the observations made by the BIS and is obtaining appropriate legal advice. Further, the company has no reasons to believe that the products seized by BIS are non-compliant of BIS Act, 2016,' the company said. On Monday, Brainbees Solutions reported a subdued performance for the March quarter, with its consolidated net loss widening 2.5 times year-on-year (YoY) to Rs 111.5 crore, compared to Rs 43 crore in the same period last year. Live Events The drop in bottomline came despite a 16% YoY rise in operating revenue to Rs 1,930.3 crore during the quarter. Along with revenue growth across business segments, the FirstCry parent saw consolidated expenses increase to Rs 1,914 crore, up from Rs 1,634 crore in the previous quarter. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories
