Varun Beverages Limited — PPTs, 27-04-2026: Investor Presentation

Here's a concise summary for Varun Beverages Limited:

**Business Performance:** Varun Beverages delivered a strong Q1 CY2026. Consolidated sales volumes climbed 16.3% (India +14.4%, international +21.4%), driven by robust demand. Revenue jumped 18.1% YoY to Rs 6,574.2 Cr, while EBITDA grew 21.0% to Rs 1,528.9 Cr. Profit after tax surged 20.1% to Rs 878.7 Cr. The company improved EBITDA margins by 55 bps to 23.3%, thanks to operational efficiencies.

**Growth Drivers or Strategy:** Growth in India was fueled by expanded distribution, better execution, and investments in new capacity and chilling infrastructure. VBL focused on pack upsizing, strategic price points, and launching new energy/juice drinks. Internationally, the strategy involves scaling snack businesses and deepening market presence by broadening its product portfolio.

**Recent Developments:** VBL recently completed the acquisition of Twizza in South Africa, significantly strengthening its African footprint. An agreement to acquire Crickley Dairy in South Africa is also in progress, pending regulatory approvals. The board has approved an interim dividend of Rs 0.50 per share.

**Management Commentary / Outlook:** Management remains confident in long-term opportunities, citing favorable demographics, rising incomes, and urbanization. With adequate capacities and a robust distribution network, VBL is well-positioned for sustained growth and to create value for its shareholders.