FirstCry's RocketBees handles 40% of online shipments; Qwik 3-hour delivery live in 5 cities
Q4 FY26: in-house logistics RocketBees scaled to 40% of online shipments across 62 cities (from 22), targeting 45-50% by Q1 FY27. Qwik captures 20%+ orders in select pincodes. GlobalBees grew 28% to Rs 1,877 cr; preschools doubled to 536; 100 new stores planned in FY27. Diaper discounting trimmed gross margin 140 bps.
What happened
FirstCry's Q4 FY26 results: in-house logistics RocketBees handles 40% of online shipments across 62 cities; Qwik 3-hour delivery expanded to 5 cities.
Key facts
- RocketBees 40% of online shipments
- 62 cities up from 22
- RocketBees target 45-50% by Q1 FY27
- Qwik in 5 cities
- Qwik 20%+ orders in select pincodes
- GlobalBees core revenue Rs 1,876.8 cr +28% YoY
- Adjusted EBITDA Rs 91.9 cr (4.9%)
- Preschool revenue Rs 472 cr +11%
- Preschools 536 vs 208 at FY24
- 100 store openings in FY27
- Offline GMV +15% in Q4
- Online GMV Rs 23,048 cr
- Offline GMV Rs 5,405 cr
- AOV India Rs 2,252
- AOV International Rs 8,868
- 140 bps gross margin decline diapers
Also reported by
- Medianama — 2h after first sighting