Boba Bhai's FY26 revenue jumps 1.5X to ₹70 Cr, losses widen 32%

The bubble tea-led QSR chain says FY26 revenue hit ₹70 Cr (vs ₹28 Cr) on 30-40% SSSG, but net loss widened to ₹12.5 Cr. Food and tea split 50-50; coconut jelly drinks and Korean chips via quick commerce are next. Targets profitability before pushing into Kolkata and Ahmedabad.

— Filed Tue, 26 May, 2026, 18:50 IST · Source Inc42 · Buzz · Updated

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.

Why this matters

Boba Bhai is scaling its bubble tea-led QSR play with strong SSSG, but losses are deepening. The brand is targeting profitability before expanding into Kolkata and Ahmedabad.

Retail-brand signals steady at 631 over the last 90 days.

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