MarketFriction

Brainbees Solutions Ltd

NSE FIRSTCRY · BSE 544226 · E-Retail/ E-Commerce
₹174.75 -2.88%
NSE close2026-10-01
52 week range163.37 - 389.65
Market cap₹9,626 Cr.
IPO 2024 · -62% since Nifty 500Smallcap 250 Price band 20% Delivery 23.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5071,9001,6671,6521,9052,1721,9301,8632,0992,4242,1632,106
Expenses1,5121,8421,6341,6031,8482,0641,9141,8292,0372,3272,0932,047
Operating Profit-659334957108163362977060
OPM %-0.4%3.1%2.0%3.0%3.0%5.0%0.8%1.8%3.0%4.0%3.2%2.8%
Other Income213518153045124235411728
Interest39410384142384040393637
Depreciation899610395981041081019810410494
Profit before tax-112-43-52-70-527-118-66-41-5-53-43
Tax %7%14%-16%8%22%314%-5%0%22%605%-10%3%
Net Profit-119-48-43-76-63-15-112-67-51-39-48-44
EPS in Rs-0.97-0.15-1.47-0.89-0.67-0.55-0.58-0.60
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3375088141,6032,4015,6336,4817,6608,5488,792
Expenses4021,4501,0471,5612,4205,9506,4107,4308,2868,503
Operating Profit-65-942-23342-18-31770230262289
OPM %-19%-186%-29%2.6%-0.8%-6%1.1%3.0%3.1%3.3%
Other Income18278314111615394101134121
Interest104143872115158156152
Depreciation7183870111294371405407400
Profit before tax-55-933-19198-51-530-322-232-166-143
Tax %-0%-0%-0%-120%54%-8%-0%14%23%
Net Profit-55-933-191216-79-486-322-265-204-181
EPS in Rs-3.67-2.69-2.40
Dividend Payout %0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%40%15%12%
Compounded Profit Growth%%21%25%
Stock Price CAGR%%%-49%
Return on Equity%-6%-5%-2%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital64935354581819697
Reserves-1,0941,4722,3473,3663,4473,3683,0824,6454,730
Borrowings1,6577342144469061,4301,5701,594
Other Liabilities961513414592,1472,6022,7272,3592,416
Total Liabilities6661,6782,7584,0736,0846,9577,3218,6708,836
Fixed Assets3563513836692,2133,5333,8683,6093,591
CWIP07231842261720
Investments000000555
Other Assets3101,3202,3523,3873,8303,3973,4475,0495,220
Total Assets6661,6782,7584,0736,0846,9577,3218,6708,836
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-70-210-300-67-132-399-42-83365
Cash from Investing Activity82-758-660-445-49130463-1,438-108
Cash from Financing Activity-91,0631,033718644-51811,431-282
Net Cash Flow3957320622-146102-91-25
Free Cash Flow-71-231-349-110-353-637-385-307176
CFO/OP106%22%128%-167%583%134%6%-22%164%
Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days383236313315121316
Inventory Days117175162182227119143162133
Days Payable921129710412368807168
Cash Conversion Cycle6395101109138657610581
Working Capital Days68120100907940463644
ROCE %-89%-10%4%-0%-10%-4%-0%1%
Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
FIIs9.07%9.62%7.94%7.03%5.22%4.01%3.52%3.61%
DIIs16.83%16.65%18.08%18.65%21.04%21.97%23.67%22.71%
Public66.30%65.96%66.38%66.94%66.43%66.93%65.75%66.70%
Others7.80%7.75%7.60%7.39%7.31%7.09%7.06%6.98%
No. of Shareholders1,30,4191,17,7461,15,6021,40,0011,37,8201,39,2041,40,6371,45,922

Fundamentals

Market Cap₹ 9,626 Cr.
Current Price₹ 184
Book Value₹ 92.5
ROCE0.57 %
ROE-2.37 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)25%
Consolidated figures.
Valuation
Market capRs 9,110 Cr
Enterprise valueRs 8,975 Cr
Price to book1.92x
Price to sales1.04x
EV / EBITDA21.92x
EV / EBIT999.42x
EV / sales1.02x
Earnings yield-1.38%
P/B, 3-year average4.05x
P/B, 5-year average4.05x
Profitability
Operating margin (excl. other income)3.00%
Operating margin (incl. other income)4.32%
EBITDA margin4.66%
Pre-tax margin-1.63%
Net profit margin-1.43%
Net margin, latest quarter-1.48%
ROE-4.84%
ROCE-1.35%
ROA-2.39%
ROE, 3-year average-8.62%
ROCE, 3-year average-5.67%
ROA, 3-year average-4.33%
ROE, 5-year average-4.10%
ROCE, 5-year average-2.73%
ROA, 5-year average-1.63%
ROIC (approx.)0.22%
Tax rate-14.15%
Other income / net worth2.13%
Growth
Sales growth (latest year)18.19%
Sales CAGR, 3 years47.20%
Sales CAGR, 5 years56.57%
Sales growth QoQ-2.61%
Sales growth YoY (latest quarter)13.08%
Per share
EPS (TTM)Rs -2.40
EPS (latest year)Rs -3.67
EPS (latest quarter)Rs -0.60
EPS, 3-year averageRs -6.66
EPS, 5-year averageRs 0.73
Book value per shareRs 90.95
Sales per shareRs 168.64
Cash flow per shareRs -1.60
Free cash flow per shareRs 3.38
Efficiency
Asset turnover0.88x
Fixed asset turnover2.12x
Inventory turnover2.35x
Inventory days156 days
Debtor days13 days
Debtors turnover27.11x
Creditor days68 days
Cash conversion cycle81 days
Working capital days44 days
Leverage
Total debtRs 1,570 Cr
Cash and bankRs 1,706 Cr
Net debtRs -136 Cr
Debt to equity0.33x
Net debt / EBITDA-0.33x
Interest coverage0.06x
Current ratio (filing 2026-03-31)2.14x
Quick ratio (filing 2026-03-31)1.21x
Trade payables (filing 2026-03-31)Rs 1,023 Cr
Owners' fund to total sources54.69%
Debt to assets18.11%
Cash flow
Cash from Operating Activity (latest year)Rs -83 Cr
Cash from Investing Activity (latest year)Rs -1,438 Cr
Cash from Financing Activity (latest year)Rs 1,431 Cr
Net Cash Flow (latest year)Rs -91 Cr
Free cash flow (latest year)Rs 176 Cr
FCFE (approx.: FCF + change in debt)Rs 316 Cr
Statement figures
Net sales (TTM)Rs 8,792 Cr
Net sales (latest year)Rs 7,660 Cr
Sales (latest quarter)Rs 2,106 Cr
Operating profit excl. other income (latest year)Rs 230 Cr
Operating profit (latest quarter)Rs 60 Cr
Other income (TTM)Rs 121 Cr
EBITDA (TTM)Rs 409 Cr
PBDT (TTM)Rs 257 Cr
Profit before tax (TTM)Rs -143 Cr
Tax (latest year)Rs 33 Cr
Net profit (TTM)Rs -125 Cr
Net profit (latest year)Rs -191 Cr
Net profit (latest quarter)Rs -31 Cr
Depreciation (TTM)Rs 400 Cr
Depreciation (latest quarter)Rs 94 Cr
Interest (TTM)Rs 152 Cr
Cost of goods sold (latest year)Rs 4,999 Cr
Total expenditure (latest year)Rs 7,430 Cr
Total income (latest year)Rs 7,761 Cr
Share capitalRs 96 Cr
ReservesRs 4,645 Cr
Shareholders' fundsRs 4,741 Cr
Total assetsRs 8,670 Cr
Net blockRs 3,609 Cr
Capital work in progressRs 7 Cr
InvestmentsRs 5 Cr
ReceivablesRs 283 Cr
InventoryRs 2,130 Cr
Other liabilitiesRs 2,359 Cr
Shares outstanding (crore)52.13
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 1.92 is the lowest in 2.2 years (median 5.27).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodFIRSTCRYNifty 50Difference
1 week-2.7%-2.8% +0.1 pts
1 month-1.6%-6.8% +5.1 pts
3 months-20.3%-7.6% -12.7 pts
6 months-16.1%+0.4% -16.5 pts
1 year-53.9%-9.9% -43.9 pts
2 years-73.2%-13.6% -59.7 pts
53 mutual fund schemes hold about ₹1,309 Cr. Over three months 5 bought more and 13 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Balanced Advantage Fund0.88%372 +2%
SBI Large Cap Fundd0.67%370 +2%
ICICI Pru India Opp Fund0.36%136 +5%
HDFC Small Cap Fund0.20%85 -6%
ICICI Pru Multi Asset Allocation Fund0.08%73 -1%
ICICI Pru Technology Fund0.44%60 -6%
ICICI Pru Aggressive Hybrid Fund(A0.07%37 +0%
SBI Consumption Opp Fund1.10%31 +5%
ICICI Pru Innovation Fund0.38%30 -52%
HDFC Large & Mid Cap Fund0.07%20 -1%
HDFC Technology Fund0.96%14 -12%
ICICI Pru ELSS-Tax Saver Fund0.08%11 -59%
Kotak Pioneer Fund0.25%11 -7%
HDFC Business Cycle Fund0.38%10 -0%
HDFC Innovation Fund0.29%9 -11%
HDFC Consumption Fund0.75%8 +0%
Nippon India Nifty Smallcap 250 Index Fund0.19%7 -1%
ICICI Pru Large & Mid Cap Fund0.02%6 -89%
Invesco India Aggressive Hybrid Fund0.44%3 +3%
SBI Nifty Smallcap 250 Index Fund0.19%3 -1%
Motilal Oswal Nifty Smallcap 250 Index Fund0.19%2 -2%
ICICI Pru Nifty Smallcap 250 Index Fund0.19%1 -1%
HDFC NIFTY Smallcap 250 Index Fund0.19%1 -1%
Nippon India Nifty 500 Equal Weight Index Fund0.17%1 +7%
JioBlackRock Nifty Smallcap 250 Index Fund0.19%1 -1%

Red flags

F-score 5 of 8
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹2,106 Cr +13.0% vs Jun 2025. Net loss ₹44 Cr.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Loss making

Quick answers

What is the market cap of Brainbees Solutions Ltd?

Brainbees Solutions Ltd (FIRSTCRY) has a market capitalisation of Rs 9,626 Cr. at the 2026-10-01 close.

What were Brainbees Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, Brainbees Solutions Ltd sales was Rs 2,106 Cr (+13.0% vs Jun 2025) with a net loss of Rs 44 Cr.

What is the 52-week high and low of Brainbees Solutions Ltd?

The 52-week high is Rs 389.65 and the 52-week low is Rs 163.37.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03