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Boba Bhai's FY26 revenue jumps 1.5X to ₹70 Cr, losses widen 32%
Our read
Boba Bhai's 30-40% same-store sales growth and balanced 50-50 food-tea mix validates the unit economics, but widening losses signal the kitchen-and-supply-chain build is outpacing throughput leverage.
The report,
QSR startup Boba Bhai's FY26 revenue jumped 145% to ₹70 Cr with net loss widening to ₹12.5 Cr. Food and bubble tea contribute 50-50; plans coconut jelly drinks and Korean chips via quick commerce, targeting profitability before Kolkata, Ahmedabad expansion.
Reported figures
From the report. Source details below
- ₹24 Cr raw material spend
- 200-250% FY27 growth target
Other figures
- ₹28 Cr FY25 revenue
- 30-40% SSSG
- ₹40 Cr recent funding
- $9 Mn total raised
Why it matters for the brand
Boba Bhai is positioning as India's category-defining bubble tea QSR with quick-commerce SKU extensions—watch for strategic interest from larger F&B platforms or beverage majors seeking Gen-Z-native formats before the Series B.
The source
First seen