As of , Brainbees Solutions Ltd (New age - Platform - E-Retail) has a deep value score of 28/100 (rated Weak). 1Y return vs Nifty 500: -34%.
Based on Q3 FY26 earnings • Updated Apr 18, 2026
What: Logistics Cost: Equal to 3PL after stabilization
“once the city stabilizes onto a higher network of RB deliveries, the cost really comes down to the same third party logistics.”
What: FC Qwik Pilot: 3 cities
“FC Qwik is, as a pure few hours delivery is what we are endeavoring to deliver to cater to the future requirements.”
What: Home Brand Mix: Increasing
Impact: 150-180 bps margin expansion
“we expanded our gross margins in like-for-like quarters by 150 bps and over a nine month comparative period by 180 bps.”
What: AUTC Growth: 10%
“AUTC grew by 10% and GMV for online, offline and international business grew by 10%.”
What: Logistics Cities: 28 cities
“having taken RocketBees to 28 cities and it will continue to grow week on week, fortnight on fortnight basis.”
What: International Loss Reduction of 25%
“reducing adjusted EBITDA losses, which has reduced by 25% year-on-year basis for Q3 FY26 and 36% for the nine month FY26.”
What: early teens → mid to late teens
“We remain super confident about our mid to long term story of being able to deliver mid to late teens growth for our India multichannel.”
Earnings deceleration risks from management commentary
Trigger: Sourcing-led supply chain issues, not forward logistics, caused the disruption.
Impact: PAT impact: 200 bps growth hit
Management view: Ironing out sourcing and supply chain efficiencies.
Monitor: logistics
Trigger: Customers waited for new GST rates to take effect before purchasing.
Management view: Increased discounts to incentivize customers during the transition.
Monitor: regulatory
Trigger: Irrational pricing events by large horizontal players in a core category.
Impact: PAT impact: Margin dip in India business
Management view: Focusing on non-diapering portfolio (85% of GMV) which remains robust.
Monitor: commodity
Key quotes from recent conference calls
“Last quarter, you called out that the India multi-channel revenue growth will be early teens in F26. Do you hold on to that view? [Previous India Multichannel Revenue Growth guidance]”
“we have witnessed 20% improvement in delivery TATs, resulting in much superior growth and customer experience than what we had. [Initiative: RocketBees]”
“Currently, we are promising three hours, as a promised delivery. We intend to reduce promised delivery over a period of time. [Initiative: FC Qwik]”
“Part of our product portfolio will move to a depth strategy, releasing the COGS benefit to the MRP reduction. [Initiative: Product Depth Strategy]”
Headline numbers from the latest earnings call
Revenue
₹2,423 Cr
Why: Growth was driven by sequential improvement in the India multichannel business and 30% growth in Globalbees core categories, despite supply chain volatilities.
Revenue growth accelerated sequentially from 7.5% in Q1 and 7.9% in Q2 to 8.9% in Q3 for the India business.
EBITDA
Not Disclosed
Why: EBITDA growth was led by a 25% reduction in International business losses and strong performance in the preschool segment with 31% margins.
Consolidated adjusted EBITDA margins improved to 6.3% for the quarter, with India multichannel reaching 10%.
PAT
Not Disclosed
Why: Profitability improved due to reduced losses in the international segment and higher cash profit after tax in the India multichannel business.
The company remains PAT positive on an adjusted basis, with cash profit after tax showing strong year-on-year growth.
Other Highlights
• International losses reduced by 25% year-on-year in Q3 FY26.
• Globalbees core categories delivered 30% year-on-year growth in 9M FY26.
• RocketBees logistics expanded to 22 cities with 20% improvement in delivery TAT.
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Annual Unique Transacting Customers
11 million
Why: Growth in India and International customer base through hyper-personalization.
GMV Growth (Consolidated)
10%
Why: Driven by 12% growth in India multichannel, offset by supply chain issues.
Total Store Count
1,200
Why: Continuous expansion of the offline footprint to drive omnichannel presence.
Delivery TAT Improvement (RocketBees)
20%
Why: In-house logistics network allows for better control and faster delivery.
International EBITDA Loss Reduction
25%
Why: Focus on sustainable growth and non-participation in irrational promotional events.
Globalbees Core Category Growth
30%
Why: Strong organic growth in core brands while rationalizing non-core brands.
Preschool EBITDA Margin
31%
Why: Strong operational performance in the education segment.
Shipments via RocketBees
20%
Why: Rapid expansion of the in-house logistics network from 4 to 22 cities.
Non-Diapering Portfolio Share
85%
Why: Strategic focus on higher-margin categories to offset competition in diapering.
Total Brand Partners
7,800
Why: Rationalization of long-tail 'mompreneur' brands that did not meet customer experience standards.
Forward-looking targets from management for FY27
mid to late teens
REAFFIRMED
Guidance Changes
India Multichannel Growth: early teens → mid to late teens
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +12% | +47% | Stable |
| PAT (Net Profit) | -160% | +18% | Stable |
| OPM | 4.0% | -100 bps | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Brainbees Solutions Ltd has a deep value score of 28/100 (rated Weak). This score is calculated from three components
Brainbees Solutions Ltd's quarterly profit (PAT) growth trajectory
Brainbees Solutions Ltd is underperforming the market despite improving earnings — this is the core deep value thesis
Brainbees Solutions Ltd's earnings momentum is Decelerating — growth rate is slowing.
Brainbees Solutions Ltd's valuation metrics
Brainbees Solutions Ltd's revenue and margin trends
Brainbees Solutions Ltd's trailing twelve month (TTM) performance
Brainbees Solutions Ltd key facts
Brainbees Solutions Ltd shows limited deep value signals currently — score is 28/100 (Weak). Monitor for improvement.
New age - Platform - E-Retail deep value sector overview
Deep value investing studies stocks that are underperforming the market despite showing improving fundamentals. The thesis is that the market has not yet recognized the earnings recovery, creating a potential valuation gap. It requires patience — recovery can take several quarters.
The deep value score (0-100) combines three factors:
- Earnings (0-40 pts): PAT growth across last 3 quarters, acceleration, and consecutive growth - Underperformance (0-35 pts): How much the stock trails Nifty 500 over 1Y, 6M, 3M (deeper underperformance = higher score) - Quality (0-25 pts): Revenue growth, margin trends, and valuation metrics (PEG, P/B)
Higher score indicates a stronger contrarian research signal.
Brainbees Solutions Ltd has 7 key growth catalysts identified from recent earnings analysis
Brainbees Solutions Ltd has 3 key risks worth monitoring
In Q3 FY26, Brainbees Solutions Ltd's management highlighted
The above FAQs are generated from publicly available earnings data. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
