Varun Beverages has announced significant growth expectations for its snacks business segment, projecting high-teens sales growth with ambitious revenue targets. The company anticipates its snacks division could approach $100 million in revenue within the next two to three years, marking a substantial expansion in this business vertical.

Snacks Business Growth Strategy

The company's snacks segment is positioned for accelerated growth, with management expressing confidence in achieving high-teens percentage growth rates. This projection reflects the company's strategic focus on diversifying beyond its core beverage operations.

Capital Expenditure Planning

Varun Beverages has outlined a differentiated capital allocation strategy for its domestic and international operations. The company expects to maintain low capital expenditure levels for its India operations in CY 2026, suggesting operational efficiency improvements and optimized resource utilization in the domestic market.

International Expansion Focus

The company's international investment strategy centers on expanding operations in South Africa, representing a targeted approach to geographic diversification. This expansion plan specifically excludes the Twizza acquisition, indicating selective growth initiatives in the African market.

Strategic Outlook

The company's dual approach of domestic efficiency and international expansion reflects a balanced growth strategy. By maintaining lower capital expenditure in India while investing in South African operations, Varun Beverages aims to optimize returns across different markets while building its snacks business revenue base toward the $100 million milestone.

Varun Beverages Limited has made available the audio recording of its investors and analysts conference call held on February 3, 2026, in compliance with regulatory requirements. The conference call was conducted following the declaration of the company's audited financial results for the quarter and financial year ended December 31, 2025.

Regulatory Compliance and Disclosure

The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by providing stakeholders access to the conference call recording. The disclosure was communicated to both major stock exchanges where the company's shares are listed.

Access and Availability

The audio recording is accessible through multiple channels to ensure broad stakeholder reach. The company has provided a direct link to the recording and has also uploaded it to its corporate website for easy access by investors, analysts, and other interested parties.

Access Information:

• Direct audio link: Available on company's official communication
• Corporate website: www.varunbeverages.com
• Upload date: February 3, 2026

Corporate Communication

The disclosure was signed by Ravi Batra, Chief Risk Officer & Group Company Secretary, demonstrating the company's commitment to transparent corporate governance and timely regulatory compliance. The digital signature was applied on February 3, 2026, at 16:17:12 +05'30', ensuring proper documentation and authenticity of the communication.

This initiative reflects Varun Beverages' dedication to maintaining transparent communication with its stakeholders and providing comprehensive access to important financial discussions and management commentary on quarterly performance.