Brainbees Solutions Ltd
Founded in 2010, Brainbees Solutions Limited offers products for mothers, babies, and kids through its online platform 'FirstCry'.[1]
- Market Cap ₹ 29,302 Cr.
- Current Price ₹ 565
- High / Low ₹ 734 / 514
- Stock P/E
- Book Value ₹ 113
- Dividend Yield 0.00 %
- ROCE -0.71 %
- ROE -1.56 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.99 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.80% over last 3 years.
- Earnings include an other income of Rs.103 Cr.
- Debtor days have increased from 70.4 to 114 days.
- Working capital days have increased from 158 days to 231 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 508 | 806 | 1,309 | 1,752 | 2,542 | 2,163 | |
| 1,450 | 1,013 | 1,214 | 1,699 | 2,652 | 2,148 | |
| Operating Profit | -942 | -208 | 95 | 54 | -110 | 15 |
| OPM % | -186% | -26% | 7% | 3% | -4% | 1% |
| 27 | 82 | 135 | 90 | 99 | 103 | |
| Interest | 0 | 3 | 12 | 23 | 40 | 52 |
| Depreciation | 18 | 34 | 60 | 87 | 129 | 150 |
| Profit before tax | -933 | -163 | 158 | 34 | -181 | -83 |
| Tax % | -0% | -0% | -80% | 44% | -14% | -25% |
| -933 | -163 | 284 | 19 | -156 | -62 | |
| EPS in Rs | ||||||
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 18% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | % |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -2% |
| Last Year: | -2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 49 | 35 | 71 | 50 | 87 | 97 | 104 |
| Reserves | 1,472 | 2,375 | 3,457 | 3,471 | 3,651 | 4,118 | 5,779 |
| 7 | 34 | 7 | 329 | 459 | 529 | 491 | |
| 151 | 307 | 441 | 476 | 326 | 404 | 551 | |
| Total Liabilities | 1,678 | 2,751 | 3,976 | 4,326 | 4,522 | 5,148 | 6,926 |
| 351 | 381 | 398 | 732 | 940 | 967 | 899 | |
| CWIP | 7 | 23 | 7 | 21 | 14 | 0 | -0 |
| Investments | 0 | 50 | 315 | 1,011 | 1,472 | 1,942 | 2,059 |
| 1,320 | 2,297 | 3,257 | 2,563 | 2,096 | 2,239 | 3,968 | |
| Total Assets | 1,678 | 2,751 | 3,976 | 4,326 | 4,522 | 5,148 | 6,926 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -210 | -282 | 19 | -151 | 225 | ||
| -758 | -707 | -626 | 214 | -235 | ||
| 1,063 | 1,031 | 727 | -134 | -75 | ||
| Net Cash Flow | 95 | 42 | 121 | -70 | -85 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 32 | 39 | 36 | 30 | 67 | 114 |
| Inventory Days | 175 | 158 | 190 | 251 | 90 | 125 |
| Days Payable | 112 | 96 | 107 | 125 | 48 | 81 |
| Cash Conversion Cycle | 95 | 101 | 118 | 155 | 109 | 157 |
| Working Capital Days | 120 | 106 | 109 | 139 | 105 | 231 |
| ROCE % | -8% | 6% | 2% | -4% | -1% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
48m - Outcome of investor meeting with Nomura Asset Management.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
52m - Outcome of participation in Morgan Stanley’s Asia Pacific Summit 2024.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2h
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Transcript of Q2 & H1 FY25 earnings call results.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Company executives to meet Nomura Asset Management in Singapore.
Concalls
-
Nov 2024Transcript PPT REC
-
Sep 2024Transcript PPT REC
Market Leadership[1] Brainbees Solutions (FirstCry) is India's leading multi-channel platform for mothers, babies, and kids' products, holding the highest Gross Merchandise Value (GMV) in FY24, according to RedSeer. Its GMV grew from Rs. 5,799.46 crore in FY22 to Rs. 7,257.63 crore in FY23, and to Rs. 9,121.12 crore in FY24.[2]