Bellona Hospitality, the food and beverage arm of Phoenix Mills Ltd, is targeting Rs 600-650 crore revenue by 2029-30, driven by its portfolio expansion to 100 restaurants across its brands, a top company executive said.<\/p>\n
Bellona Hospitality, which operates 32 restaurants across five cities under five brands, reported around \u20b9150 crore revenue in FY26, its Managing Director Prashant Issar told PTI.<\/p>\n
The company operates a portfolio of six brands – Ishaara, Dobaara, Cha Hongkong Eating House, Eight, Allora Milano and Legume – across Mumbai, Pune, Bengaluru, Ahmedabad and Lucknow.<\/p>\n
For this expansion, Issar said the company has set a capex of \u20b9100 crore, which will be raised through internal accruals.<\/p>\n
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This expansion will mainly be within the five cities where the company’s brands are present, besides in places where there are Phoenix Malls.<\/p>\n
“There is significant scope for expansion in the five cities where we are currently present. We plan to add another 20-30 outlets across these cities, where our existing infrastructure will make expansion easier and more seamless. We will then look at other major markets, including Hyderabad and Delhi-NCR. We will also expand our presence in upcoming Phoenix malls in cities such as Kolkata and Indore,” he said.<\/p>\n
However, the company will consider expansion if the right opportunity and site arise, he added.<\/p>\n
“So, basically, we will explore high footfall destinations like tourist hubs or commercial hubs going forward,” he added.<\/p>\n
Issar said the bulk of this expansion phase will involve our brands Cha, Ishara and Eight.<\/p>\n
On overseas plans, he said the company is currently focusing on India as there are enough opportunities.<\/p>\n
“A few years back, the Middle East seemed attractive; however, now it is not doing very well owing to the current circumstances. So, now our focus will only be on India,” he added.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bellona Hospitality, the food and beverage arm of Phoenix Mills Ltd, is targeting Rs 600-650 crore revenue by 2029-30, driven by its portfolio expansion to 100 restaurants across its brands, a top company executive said. Bellona Hospitality, which operates 32 restaurants across five cities under five brands, reported around \u20b9150 crore revenue in FY26, its<\/p>\n","protected":false},"author":2,"featured_media":49496,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[3323,3321,3319,3322,3320,37658,37666,37664,32663,37665,37660,37667,37663,37659,37662,588,16732,37661],"class_list":["post-49495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-arizona","tag-arizona","tag-arizona-dining","tag-arizona-food","tag-arizona-grocery-stores","tag-arizona-restaurants","tag-bellona-hospitality","tag-capex","tag-cha-hongkong-eating-house","tag-eight","tag-food-and-beverage-sector","tag-hospitality-sector","tag-india-hospitality-market","tag-ishaara","tag-phoenix-mills","tag-prashant-issar","tag-restaurant-business","tag-restaurant-expansion","tag-revenue-target-fy30"],"share_on_mastodon":{"url":"https:\/\/vive.im\/@dc\/117422287948326022","error":""},"_links":{"self":[{"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/posts\/49495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/comments?post=49495"}],"version-history":[{"count":0,"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/posts\/49495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/media\/49496"}],"wp:attachment":[{"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/media?parent=49495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/categories?post=49495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.diningandcooking.com\/us\/wp-json\/wp\/v2\/tags?post=49495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}