India · Delayed Price · Currency is INR Brainbees Solutions Earnings Call Transcripts
Fiscal Year 2026
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Consolidated Q3 and nine-month results showed double-digit revenue growth, improved profitability, and strong cash flow, with India Multichannel and GlobalBees segments performing well despite competitive and supply chain pressures. New logistics and quick delivery initiatives are expected to drive superior growth in FY 2027.
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Q2 and H1 FY 2026 saw strong year-on-year growth in adjusted EBITDA, revenue, and customer metrics, with all business segments contributing to improved profitability. Expansion of the delivery network and international presence, along with product realignment, position the company for higher growth in H2.
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Consolidated revenue grew 13% and adjusted EBITDA rose 25% year-over-year, with the business turning free cash flow positive for the first time. India Multichain and international segments both saw margin expansion and improved customer metrics, while GlobalBees delivered strong organic growth.
Fiscal Year 2025
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Consolidated revenue grew 18% year-over-year to INR 7,600 crore, with gross margin up 159 bps and adjusted EBITDA margin at 5.1%. India Multichannel and Globalbees segments drove profitability, while International faced competitive pressures but improved margins. Management remains optimistic on growth and margin expansion.
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Best quarterly profitability in four years, with strong growth in revenue, EBITDA, and gross margins. India Multichannel and international segments showed robust customer and GMV growth, while home brands and operational efficiency drove margin expansion.
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Q2 FY25 saw 26% revenue growth and 66% adjusted EBITDA growth year-on-year, with all segments contributing robustly. Gross margin expanded by 101 bps, and cash profit after tax surged 209%. Recent GST issues were resolved with a payment, and strong growth is expected to continue.
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Q1 FY 2025 saw 17% revenue growth and a doubling of adjusted EBITDA, with gross margin up 199 bps to 37.7%. India Multi-Channel and GlobalBees segments delivered strong growth, while International losses narrowed. Cash balance post-IPO stands at INR 450 crore.