FirstCry Stock Poised For Breakout; SEBI Analysts See Over 10% Upside Potential On GST 2.0 Boost

FirstCry is among the biggest beneficiaries of GST 2.0, which reduced tax on kidswear and footwear priced at or below ₹2,500 from 12% to 5%. 

SEBI-registered analyst Rajneesh Sharma noted that the majority of FirstCry’s Stock Keeping Units (SKUs) fall within this threshold, providing a clear demand boost in a price-sensitive segment. 

Sharma added that cuts in GST on man-made fibre and yarn also help align the supply chain.

Fundamentals

The company posted 13% year-on-year growth in revenue from operations in Q1 FY26. Adjusted EBITDA rose 25% while cash profit after tax surged 197%. 

FirstCry reported 10.8 million annual transacting users, with its India Multi-Channel and Globalbees segments turning margin-positive. 

Another update revealed a 7.8% year-over-year sales growth in Q1, alongside strong three-year profit growth, robust liquidity, and minimal debt.

Technical Outlook

Sharma observed that FirstCry’s stock showed a bullish breakout from a Darvas Box and Ascending Triangle, with support at ₹333.35 and resistance at ₹420.15. 

He said a recent breakout candle closed with a 14.17% gain on the highest volume in months, while weekly relative strength index (RSI) divergence and volume confirmed bullish momentum. 

According to him, clearing ₹420.15 could unlock upside targets between ₹450 and ₹485.

Meanwhile, SEBI-registered analyst Palak Jain added that a resistance breakout with strong volume signals bullish momentum and possible trend reversal. 

She suggested buying above ₹403 with targets at ₹415, ₹427, and ₹451, and a stop loss at ₹354.

What Is The Retail Mood?

On Stocktwits, retail sentiment was ‘bullish’ amid ‘extremely high’ message volume.

FirstCry’s stock has declined 32.6% so far in 2025.

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