Brainbees Solutions Limited reported a 12% year-on-year increase in consolidated revenue to ₹85,479 Mn for the financial year ended March 31, 2026. The company narrowed its annual net loss to ₹2,037 Mn from ₹2,648 Mn in the previous year. For the quarter ended March 31, 2026, revenue stood at ₹21,627 Mn against ₹19,303 Mn in the same period last year, while the net loss narrowed significantly to ₹482 Mn from ₹1,115 Mn.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, as recommended by the Audit Committee. The results were subjected to audit by the statutory auditors of the company, M/s. Walker Chandiook & Co. LLP, who issued an unmodified opinion. The publication of these audited financial results in newspapers, Financial Express and Loksatta, was completed on May 27, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In accordance with Regulation 30 read with Schedule III of the Listing Regulations, the company uploaded its investor presentation for the quarter and financial year ended March 31, 2026, on its website. The presentation highlights that the India Multi-Channel business achieved a Gross Merchandise Value (GMV) of over $1 Bn with 11% growth in FY26, while the International business reduced Adjusted EBITDA losses by 35% during the year.

Q4 Performance

Brainbees Solutions improved its operational efficiency in Q4 FY26, with Adjusted EBITDA rising to ₹1,187 Mn from ₹1,005 Mn in the year-ago period. The company reported a Cash Profit After Tax of ₹723 Mn for the quarter, compared to ₹692 Mn in Q4 FY25. The Earnings Per Share (EPS) for the quarter improved to ₹(0.63) from ₹(1.60) in the same period last year.

The following table summarises the key Q4 metrics:

Full-Year Financial Performance

The annual results demonstrated growth in revenue and a reduction in net losses. The consolidated revenue for FY26 reached ₹85,479 Mn, up from ₹76,596 Mn in FY25. The total comprehensive loss for the year reduced to ₹2,033 Mn from ₹2,626 Mn in the previous year. The Paid-up Share Capital as of March 31, 2026, stood at ₹971 Mn.

Standalone Results

The standalone financial results for the year ended March 31, 2026, showed a profit of ₹1,089 Mn compared to ₹599 Mn in the previous year. Standalone revenue for the year increased to ₹27,315 Mn from ₹24,708 Mn in FY25.

Management Commentary and Outlook

During the earnings call held on May 26, 2026, management highlighted that the company was free cash flow positive for the full year FY26. Adjusted EBITDA increased by 24% year-on-year to ₹4,860 Mn, while cash profit reached ₹3,120 Mn, a 49% increase over the previous fiscal year. The India Multi-Channel business remained PAT and cash flow positive.

Management noted that the India Multi-Channel GMV grew by 11% to cross $1 Bn. The International business reduced Adjusted EBITDA losses by 35% in FY26, narrowing losses to ₹900 Mn from ₹1,400 Mn in FY25. The GlobalBees segment delivered a 28% year-on-year growth in core categories with an Adjusted EBITDA of ₹920 Mn post-corporate expenses.

Looking ahead to FY27, management expressed confidence that growth would be superior to FY26, driven by initiatives such as RocketBees and Qwik. RocketBees expanded to 62 cities by the end of Q4 FY26, covering over 40% of online delivery volumes. The Qwik initiative, delivering orders in less than 3 hours, expanded to 5 cities and is expected to cover roughly 10% of overall online business in FY27. The company plans to open approximately 100 stores in FY27, a mix of COCO and FOFO formats.

firstcry (brainbees solutions) has successfully concluded its postal ballot process, with shareholders approving the appointment of Ms. Saloni Jain Rana as a Non-Executive & Non-Independent Director of the Company. Ms. Saloni Jain Rana (DIN: 11489732) has been appointed as a Nominee of Mahindra & Mahindra Limited, liable to retire by rotation. The resolution was passed with the requisite majority on May 04, 2026, the last date of remote e-voting, and the outcome was communicated to stock exchanges on May 05, 2026 by Company Secretary & Compliance Officer Mandar Joshi.

Postal Ballot Resolution Details

The postal ballot was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI Listing Regulations, and General Circular 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs. The following resolution was put to vote:

Voting Results

Pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the detailed voting results of the postal ballot are as follows:

*One Member has voted both, for part of the shares, in favour of resolution and also against the resolution.

**One Member holding 30 equity shares, has abstained from voting.

In aggregate, 522041984 shares were eligible for voting, of which 218162102 votes were polled, representing a participation rate of 41.79%. Among the total votes polled, 215744772 votes (98.89%) were cast in favour of the resolution, while 2417330 votes (1.11%) were cast against it.

Process and Compliance

The Notice of Postal Ballot dated April 03, 2026 was dispatched exclusively through electronic mode to members whose email addresses were registered with the Company, Depositories, Registrar and Transfer Agent, or Depository Participants, and whose names appeared in the register of members or register of beneficial owners as on the cut-off date of March 31, 2026. A public notice titled 'Notice of Postal Ballot and E-Voting Information' was published in Financial Express (English) and Loksatta (Marathi) newspapers on Saturday, April 04, 2026. Copies of the advertisements were also submitted to the National Stock Exchange of India Limited and BSE Limited, and placed on the Company's website. Per the Regulation 30 intimation, Ms. Saloni Jain Rana is not debarred from holding the office of a Director by virtue of any SEBI order or any other authority, and she is not related to any Director(s) or Key Managerial Personnel(s) of the Company.

Scrutinizer and E-Voting Mechanism

The Board of Directors appointed M/s. Samdani Shah and Kabra, Practicing Company Secretaries (Firm Registration No.: P2008GJ016300) as the Scrutinizer to oversee the postal ballot remote e-voting process in a fair and transparent manner. The firm was represented by Mr. S. Samdani (Membership No. FCS 3677), with Mr. Suresh Kumar Kabra (Membership No. ACS 9711) designated as the alternate. The remote e-voting facility was provided through the Company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited. After the close of voting on May 04, 2026, votes cast through remote e-voting were unblocked and downloaded from the e-voting website of MUFG Intime at approximately 5:05 P.M. (IST), in the presence of two witnesses — Janki Patel and Astha Bhavsar — who are not in the employment of the Company.

Dissemination of Results

Following the submission of the Scrutinizer's report dated May 05, 2026, the postal ballot results were filed within the stipulated time with the National Stock Exchange of India Limited, BSE Limited, and MUFG Intime India Private Limited for dissemination on their respective websites. The results and the Scrutinizer's report were also displayed on the notice board at the Company's Registered Office located at Rajashree Business Park, Plot No. 114, Survey No. 338, Tadiwala Road, Nr. Sohrab Hall, Pune – 411001, and on the Company's website at www.firstcry.com .