Results · Commerce & Consumer Brands
Blue Tokai narrows net loss as revenue surges
By Startup Enthusiast ·
- Date
- Company
- Blue Tokai Coffee Roasters
- What it does
- Specialty coffee chain and roaster
- Kind
- Results
- Based in
- Delhi NCR
- Founded
- 2013
What they do
Blue Tokai sells specialty coffee through over 100 physical stores in India and international outlets in Japan and the UAE
What happened
The company reported a 20.2% year-on-year reduction in its net loss for FY25, narrowing to INR 50.2 Cr from INR 62.9 Cr
Why it matters
Operating revenue jumped 1.5 times to INR 325.4 Cr, driven by strong demand despite rising operational costs like rent and materials
The details
- Blue Tokai Coffee Roasters reported a 20.2% year-on-year decline in its net loss for the fiscal year 2025.
- The company's net loss narrowed to INR 50.2 Cr in FY25 compared to INR 62.9 Cr in the previous fiscal year.
- Loss before tax decreased significantly by approximately 40%, falling to INR 39.1 Cr from INR 64.2 Cr in FY24.
- Tax outgo increased to INR 11.1 Cr in FY25, contrasting with a tax gain of over INR 1 Cr recorded in FY24.
- Operating revenue surged by 1.5 times to reach INR 325.4 Cr in FY25, up from INR 215.8 Cr in FY24.
- Total income rose by 50.5% year-on-year to INR 221.1 Cr, which included INR 7.3 Cr from other income sources.
- Total expenditure jumped by 35.3% to INR 385 Cr in FY25, compared to INR 284.5 Cr in the prior year.
- Employee benefit expenses saw a modest rise of 12.6%, increasing to INR 94.5 Cr from INR 83.9 Cr in FY24.
About the business
- Blue Tokai operates as a specialty coffee chain with roasteries and physical retail outlets across major Indian cities.
- It maintains a presence of over 100 physical stores in Delhi NCR, Mumbai, Bengaluru, and Hyderabad.
- The brand has expanded internationally with outlets located in Tokyo, Japan, and Dubai, United Arab Emirates.
- Products include roasted beans, ground coffee, capsules, ready-to-brew options, cold brew bags, and cans.
- Customers can subscribe for doorstep delivery with customizable pack sizes, grind types, and frequencies.
- The subscription model offers up to 20% savings on regular coffee purchases for loyal customers.
- Additional offerings include tea, matcha kits, gifting options, merchandise, and brewing equipment.
- Cost of materials consumed was the largest expense head at 27.2% of total expenditure, totaling INR 104.6 Cr.
- Rent costs rose sharply by 67% to INR 55.2 Cr, accounting for 14.3% of total expenses in FY25.
Investors
- Verlinvest (investor)
- Anicut Capital (investor)
- 12 Flags (investor)
- A91 Partners (investor)
Founders
- Matt Chitharanjan, Co-founder
- Shivam Shahi, Co-founder
- Namrata Asthana, Co-founder
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