Le Sutra Hospitality, renowned for its art-inspired restaurants, aims to expand its portfolio by launching two new outlets yearly and doubling its food product offerings over the next five years.
Founder Rahul Bajaj shared that the company is targeting a 25% revenue growth by 2028 as part of its strategic plan. “In the last three years, we’ve added one location and launched products like savory bombolonis and artisanal chocolates. These initiatives have driven a 10% revenue growth,” Bajaj said.
The Mumbai-based company’s cumulative growth over the past decade is 50%. Bajaj credited the success to Le Sutra’s unique hospitality concept. “Our art-driven approach and commitment to quality have struck a chord with customers, resulting in consistent market expansion,” he said.
The brand focuses on community-driven initiatives like the Silent Bakery, which trains and employs specially-abled individuals. “This initiative empowers the blind, deaf, and mute, providing them with meaningful work opportunities,” Bajaj said.
Le Sutra’s flagship location in Mumbai, Out of the Blue, attracts an average of 3,500 monthly visitors, a 5% increase compared to pre-pandemic figures. The company plans to open a new Lonavala property catering to weekend travelers.
“We expect it to contribute 5% to our revenue within the first two years,” Bajaj said. “The decision to establish a property in Lonavala stems from the region’s growing reputation as a preferred getaway destination, coupled with an increasing demand for experiential stays in serene, natural settings. This move aligns seamlessly with Le Sutra Hospitality’s vision of weaving art, culture, and luxury into unforgettable guest experiences.”
Le Sutra remains a bootstrapped business despite opportunities for external investment. “We’ve chosen to stay independent to maintain consistency in food and service quality,” Bajaj explained.
The company’s newest project, The Blue Gourmet 2.0, is already performing beyond expectations, with revenue exceeding forecasts by 5%. The flagship item, savory bombolonis, contributes 2% to total sales, and there are plans to expand operations to three more locations.
“The potential for broader market penetration is substantial. Plans are underway to expand operations to three additional locations, with revenue projected to grow by 30% annually over the next three years. This trajectory positions The Blue Gourmet 2.0 as a key player in the evolving artisanal dessert space, blending innovation with a scalable growth strategy,” added Bajaj.
With its innovative offerings and strategic expansion plans, Le Sutra demonstrates strong growth potential in the hospitality sector.
