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Bellona Hospitality targets 100 restaurants and Rs 600-650 crore revenue by FY30
Our read
Bellona Hospitality will more likely than not grow mainly through existing cities and reach its 100-restaurant goal around FY30, with revenue at or below the lower end of its target.
For operators
Bellona Hospitality plans to take Cha, Ishaara and Eight from 32 restaurants in five cities to 100 by FY30, so rival F&B operators should expect tougher competition for prime sites and staff in those existing cities.
Watch
Phoenix Mills' quarterly disclosures on Bellona revenue against FY26's Rs 150 crore
Ask next
The report,
Bellona Hospitality, the F&B arm of Phoenix Mills, targets Rs 600-650 crore revenue by 2029-30 by growing from 32 to 100 restaurants. It plans Rs 100 crore capex from internal accruals, focusing on India, with Cha, Ishaara and Eight leading expansion.
| Metric | Now (FY26) | FY30 target |
|---|---|---|
| Restaurants | 32 | 100 |
| Revenue | ₹150 crore | ₹600-650 crore |
Store and format facts
From the report. Source details below
| FY26 revenue: | Rs 150 crore |
|---|
Next on the rollout
- Net new openings past 20 by the end of FY27 would mean the path to 100 restaurants by FY30 is on track and mall landlords get a steady anchor F&B tenant.
- Whether any new city is announced beyond the current five
- Capex pace against the Rs 100 crore budget and any change to the internal-accruals funding
- Same-outlet sales trend at Cha, Ishaara and Eight as new units open