Varun Beverages has informed the stock exchanges of its planned participation in an investor meeting as part of the Motilal Oswal Annual Singapore Corporate Day, scheduled for May 19, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was filed on May 11, 2026.

Investor Meeting Details

The company has provided the following details regarding the upcoming investor engagement:

Regulatory Compliance

The disclosure was made by Ravi Batra, Chief Risk Officer & Group Company Secretary of Varun Beverages Limited, on behalf of the company. In line with regulatory requirements, the company has explicitly stated that no unpublished price sensitive information is proposed to be shared during the aforesaid investor meeting. The filing has also been uploaded on the company's official website at www.varunbeverages.com .

Varun Beverages Limited has delivered exceptional operational and financial performance in Q1 CY2026, demonstrating strong growth momentum across both domestic and international markets. The company announced its financial results on April 27, 2026, showing total sales volume increased by 16.30%, fueled by robust performance in India with 14.40% growth and impressive international expansion showing 21.40% growth globally.

Volume Growth Performance

The company achieved significant volume expansion across its key markets during Q1 CY2026. Consolidated sales volume grew to 363.4 million cases from 312.4 million cases in Q1 CY2025, reflecting successful market penetration strategies and effective distribution network expansion.

Financial Performance Overview

Varun Beverages demonstrated robust growth across key financial metrics during Q1 CY2026. Net revenue from operations reached ₹65,741.90 million, marking an 18.1% increase from ₹55,669.35 million recorded in the corresponding quarter of the previous year. Revenue from operations stood at ₹67,215.37 million, growing 18.3% year-on-year.

Profitability and Margins

Net profit after tax showed strong momentum, increasing by 20.1% to ₹8,787.13 million compared to ₹7,313.58 million in Q1 CY2025. EBITDA margins improved by 55 basis points to 23.3%, while gross margins increased by 62 basis points to 55.2%, supported by early stocking of key raw materials and a higher mix of low sugar and no sugar products, which now constitute approximately 63% of consolidated sales volumes. Net realization per case improved by 1.6% at the consolidated level, supported by improved realizations in international territories primarily due to favorable currency movement. In India, realization per case declined marginally by 1.5% due to volume growth initiatives including pack upsizing and selective price point launches.

Product Portfolio Mix

The company's product portfolio showed strategic diversification during Q1 CY2026. Carbonated soft drinks constituted 73.6% of sales, non-carbonated beverages accounted for 7.5%, and packaged drinking water represented 18.9% of the business mix.

Strategic Acquisitions and International Expansion

During the quarter, the company completed significant strategic acquisitions to strengthen its international presence. The Beverage Company Proprietary Limited, a subsidiary in South Africa, acquired 100% share capital of Twizza Proprietary Limited for an enterprise value of ZAR 2,053 million (₹11,398 million), making it a step-down subsidiary effective March 18, 2026. Additionally, the company entered into an agreement to acquire Crickley Dairy Proprietary Limited through BevCo for an enterprise value of approximately ZAR 238 million, subject to regulatory and other approvals. Management indicated that Twizza's last full year revenue was approximately ₹800 crore, while Crickley Dairy contributed about ₹160 crore, with consolidated revenue close to ₹1,000 crore between the two entities.

Management Guidance and Outlook

During the investor conference call, management provided insights on operational strategy and market outlook. The company maintains 6 months inventory in international markets, providing competitive advantage against rising input costs. For India, the company is covered for the current quarter and partly for the next quarter. Management emphasized that new plants commissioned in Buxar, Prayagraj, Damtal, and Meghalaya have stabilized and are delivering cost efficiencies, with production capacity five times higher than older plants using the same manpower. The company plans to add approximately half a million new outlets during the year, expanding from a base of about 4 million outlets. CAPEX for India is expected to be less than ₹500-600 crore this year, with focus on one new plant.

Dividend Declaration

The Board of Directors approved an interim dividend of ₹0.50 per equity share, representing 25% of face value, for financial year 2026. The total cash outflow is expected to be approximately ₹1,691 million. Additionally, a final dividend of ₹0.50 per equity share for the year ended December 31, 2025, was approved by shareholders at the Annual General Meeting held on April 1, 2026, and has been duly paid.

Source: Company Press Release/INE200M01039/4326b8e3-e9e5-438c-8948-0aa774296c44.pdf