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Boba Bhai FY26 revenue 2.5x to ₹70 Cr, but losses widen 32% to ₹12.5 Cr
Our read
Doubling AOV via balanced food-beverage mix and 30-40% SSSG proves the Korean QSR + boba format has unit-level pull, but losses widening 32% means the next push must convert top-line to contribution margin before chasing 250% growth.
The report,
QSR startup Boba Bhai's FY26 revenue grew 145% to ₹70 Cr with food and beverages contributing equally. Net loss widened 32% to ₹12.5 Cr. Plans coconut jelly drinks, Korean chips, and quick commerce push; targets 200-250% FY27 growth.
Reported figures
From the report. Source details below
- ₹24 Cr raw material spend
Other figures
- ₹28 Cr FY25 revenue
- 30-40% SSSG
- ₹40 Cr fresh funding
- $9 Mn total raised
Why it matters for the brand
Boba Bhai is consolidating the Indian boba + Korean QSR niche with coconut jelly and chips line extensions plus quick commerce, making it a credible bolt-on for any beverage-led F&B platform looking to own Gen-Z occasions.
The source
First seen