Slides
Page 1
From Click To Delivery Increase Sales Streamline Operations One Stop for All eCommerce Automation Needs Investor Presentation – Q3 FY26 Reduce Costs
Page 2
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Unicommerce eSolutions Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance. The statements in this Presentation are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. The information contained in this presentation is subject to change without any obligation on the Company to notify any person of such revisions or change. Past performance is not indicative of future results. This Presentation shall not be deemed as tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person.
Page 3
3 Orchestrating India’s eCommerce Operations at Scale Processed 25-30% of all dropship volumes in India in FY25 (1) 01 Executive Summary 02 AI-First Unicommerce 03 Q3 & 9M FY26 Financial Results 04 Appendix Table of Contents Note: (1) “Unicommerce processes a significant share of eCommerce orders across retailers and brands, handling approximately 25-30% of all dropship volumes through its Uniware platform in FY25,” as per 1Lattice Report -”B2C and SaaS e-commerce opportunities in India”, Nov 2025
Page 4
4 Becoming AI-First Launched Catalyst AI Voice Agent, UniBot AI Assistant, and ShipSense AI within the last two quarters 8.1% YoY revenue growth in Q3 FY26 with 110+ enterprise acquisitions; increasing growth momentum for Q4 FY26 and onwards Uniware Growth PAT grew 17.4% YoY to ₹7.4 Cr PAT (excl. non-cash amortisation from Shipway acquisition) grew XX.X% YoY to ₹XX.X Cr 37.8% growth in annualised run- rate to ~₹100 Cr in Q3 FY26 up from ₹71 Cr in Q4 FY25 (first full quarter post-acquisition); remained PAT profitable Shipway Performance1 Q3 FY26: Strong Growth, Expanding Profitability and Platform-Led Execution Q3 FY26 Financial Performance Strategic Highlights Note: (1) Refers to Shipway Technology Private Limited which consists of Shipway and ConvertWay businesses ↑ 72.2% YoYRevenue ₹56.4 Cr Annualised run–rate ₹225+ Cr ↑ 51.0% YoYAdjusted EBITDA ₹13.4 Cr Annualised run–rate ₹53+ Cr ↑ 24.9% YoYPAT* ₹8.2 Cr *Excl. non-cash amortisation from Shipway acquisition ↑ 12.5% YoYEPS# ₹0.63 #EPS growth lower than PAT due to issuance of equity and increased share base
Page 5
5 “We delivered a strong performance in Q3 FY26, with consolidated revenue of ₹56.4 Cr, representing 72.2% YoY growth and an annualised revenue run-rate exceeding ₹225 Cr. Adjusted EBITDA increased 51.0% YoY to ₹13.4 Cr, translating into an annualised run-rate of ₹53 Cr. The past few quarters have also been significant from a product evolution standpoint. We have progressively embedded AI into our day-to-day operations, transitioned to AI-enabled platforms with select capabilities, and are now becoming AI-first platforms where core platform functionalities are delivered through AI. During this period, we launched three AI capabilities: Catalyst AI Voice Agent for Convertway in Q3, UniBot AI Assistant for Uniware in Q3, and ShipSense AI Courier Allocation for Shipway in Q2. These capabilities enhance product differentiation and expand monetisation opportunities across our client base. Uniware resumed growth momentum with 8.1% YoY revenue growth on a standalone basis in Q3 FY26. This performance reflects initiatives implemented over the past few quarters, with momentum expected to strengthen into double-digit growth from Q4 FY26 onwards. Enterprise acquisition remained robust, with over 110 additions during the quarter, Action Tesa, Lehar Footwear, Interio by Godrej, Shein Marketplace, and Underneat. UniReco and UniCapture continue to scale and are expected to contribute incrementally with adoption over the next few quarters. Shipway continued strong execution, with its annualised revenue run-rate increasing by 37.8% to approximately ₹100 Cr, compared to around ₹71 Cr in Q4 FY25, its first full quarter post-acquisition, while continuing to be PAT profitable. Both Shipway and Convertway now operate on a structurally strong foundation and are expected to continue a strong growth trajectory. Given our healthy cash generation and balance sheet strength, we plan to undertake calibrated investments focused on AI product and technology and expanding sales and marketing capacity in these businesses to maximise long-term growth. We also welcomed Gaurav Juneja as Chief Revenue Officer. He brings cross-sector experience across B2B SaaS, technology, and retail, with prior leadership roles at Kapture, Google India, Reliance Retail, and StarQuik, a Tata Enterprise. His addition strengthens our go-to-market execution and expands management bandwidth as our platform portfolio scales. As we enter the next phase of growth, our focus remains on disciplined execution, deepening an AI-first approach across products and operations, and prudent capital allocation to drive long-term shareholder value.” Kapil Makhija MD & CEO Kapil Makhija: Scaling to a ₹225 Cr+ Revenue Run-Rate with Continued Platform Expansion in Q3 FY26 Kapil Makhija: Scaling to a ₹225 Cr+ Revenue Run-Rate with Continued Platform Expansion in Q3 FY26
Page 6
6 “We are pleased to report another strong quarter of growth in both revenue and profitability. Our consolidated revenue grew 72.2% YoY in Q3 FY26 to ₹56.4 Cr and 70.6% YoY in 9M FY26 to ₹152.7 Cr, taking our annualised revenue run-rate to approximately ₹225 Cr. Growth was supported by sustained enterprise additions, structured revenue expansion initiatives in Uniware, and continued scaling in Shipway, with both businesses now demonstrating improving momentum. Profitability strengthened during the period. Adjusted EBITDA grew 51.0% YoY in Q3 FY26 to ₹13.4 Cr and 75.8% YoY in 9M FY26 to ₹34.3 Cr, surpassing the full-year FY25 Adjusted EBITDA of ₹28.4 Cr within nine months. This reflects operating leverage, disciplined cost management, AI-led efficiencies, and Shipway’s continued PAT-positive performance. The annualised Adjusted EBITDA run-rate now exceeds ₹53 Cr. Profit after tax for Q3 FY26 stood at ₹7.4 Cr, compared to ₹6.3 Cr in Q3 FY25, representing growth of 17.4% YoY. For 9M FY26, PAT stood at ₹17.1 Cr, compared to ₹14.3 Cr in 9M FY25, representing growth of 19.5% YoY. The comparatively lower PAT growth versus Adjusted EBITDA reflects non-cash amortisation of ₹1.0 Cr in Q3 and ₹5.4 Cr in 9M FY26 relating to intangible assets recognised pursuant to the Shipway acquisition. Excluding this impact, PAT for Q3 FY26 would have been ₹8.2 Cr, up 24.9% YoY, and ₹21.1 Cr for 9M FY26, up 45.2% on a comparable basis. Looking ahead, we remain focused on maintaining cost discipline while delivering sustainable and profitable growth. We expect Uniware to deliver double-digit growth from Q4 FY26 onwards as revenue expansion initiatives gain traction, while Shipway, given its large addressable market and early stage of penetration, has the potential to scale at a relatively faster pace.” Anurag Mittal CFO Anurag Mittal: Revenue Growth and Operating Leverage Drive ₹53 Cr+ Adjusted EBITDA Run-Rate
Page 7
7 Orchestrating India’s eCommerce Operations at Scale Processed 25-30% of all dropship volumes in India in FY25 (1) 01 Executive Summary 02 AI-First Unicommerce 03 Q3 & 9M FY26 Financial Results 04 Appendix Table of Contents Note: (1) Unicommerce processes a significant share of eCommerce orders across retailers and brands, handling approximately 25-30% of all dropship volumes through its Uniware platform in FY25, As per 1Lattice Report -”B2C and SaaS e-commerce opportunities in India”, Nov 2025
Page 8
AI-Enabled To Building Next-generation of eCommerce Enablement SaaS AI-First
Page 9
9 Marketing Automation 9 One Stop for All eCommerce Automation Needs Pre-purchase Stage Order Processing Shipping & Post-delivery AI-First SaaS Platforms Enabling eCommerce Across the Value Chain Operations Automation Increase Sales Streamline Operations Reduce Costs Logistics Automation UniBot AI ShipSense AI Catalyst AI featuring featuring featuring
Page 10
10 Catalyst AI featuring Whatsapp RCS SMS EmailAI VoiceAgent Comprehensive SaaS Suite to Automate Marketing Welcome Browse Abandon Cart Abandon Upsell COD to Prepaid Win Back Reviews Support Acquisition & Conversion Supported Campaigns Retention & Support More Subscribers, More Conversions, More Retention. Marketing Platform Unlocking Revenue Across Customer Journey Convertway Uniware Shipway AI Voice Agent
Page 11
11 ● Human-like conversations at scale ● Personalised for each brand and product ● Bilingual support ● Dynamic language switch ● Upto 1.5x conversions Click to Play Demo Video Catalyst – AI Voice Agent That Closes Sales for eCommerce Brands Catalyst Plug-and-Play AI Conversational Commerce for Revenue Growth Convertway Uniware Shipway
Page 12
12 Shipping Providers Marketplace Quick Commerce ERP / POS UniCapture: Shipment Video Capture for Dispute Claims Built for Enterprise Scale and Complexity of Operations D2C Website Marketplace Quick Commerce B2B / Wholesale Order Management System Warehouse & Inventory Management System Omnichannel Retail Management System Vendor Management Panel for Marketplaces UniReco: Payment Reconciliation 285+ Integrations to Bring All Systems Together Comprehensive SaaS Suite to Automate Operations Extensive Product Portfolio Mission-Critical System of Record for eCommerce Operations Convertway Uniware Shipway UniBot AI featuring
Page 13
13 Click to Play Demo Video UniBot AI Assistant – Easy Way to Run Your eCommerce Operations ● Initiate actions based on conversational commands such as generation of pick-list, processing of orders, etc. ● Generate visualisations and data analysis ● Resolve support queries Industry-first AI Assistant Enabling Conversational Operations Convertway Shipway Uniware
Page 14
14 Quick Commerce & B2B Custom workflows to process bulk orders across Quick Commerce, B2B/wholesale trade Auto-fetch POs from QC portals or emails Validate MRP , selling price, EAN, and HSN codes to avoid disputes Process within short timeline, auto-generate e-way bills and e-invoices for compliance UniCapture Video proof to address return-claim disputes with marketplaces and shipping providers Verify dispatch accuracy Cloud storage with quick retrieval Plug and play set-up New Uniware Modules Expanding Monetisation Opportunities Convertway ShipwayUniware Note: Logos displayed are for representation purposes only and remain the property of their respective owners. UniReco Identify payment mismatches and unexplained deductions Manage the complexity of dynamic rate cards Identify losses from expected returns not received Normalise financial transaction data across channels Click to Play Demo Video
Page 15
15 Full-service Courier Aggregation SaaS with a Software-Only Automation Option to Manage Own Courier Relationships Courier Aggregation with ShipSense AI Allocation Branded Tracking Page Module for Website Refund and Exchange Management Module for Website Non-Delivery Follow-ups Value-added Services Non-Delivery Follow-ups Fraud Detection COD Verification Address Verification Branded Communications Early COD Remittance RTO Reduction Suite Comprehensive SaaS Suite to Automate Logistics Operations Shipway Cargo for B2B Courier Aggregation Flexible Logistics Automation for Evolving D2C Needs Convertway Uniware Shipway ShipSense AI featuring
Page 16
16 Click to Play Demo Video ● Auto-selects the best-fit courier per order based on cost and past performance at the order location ● Cuts shipping costs and reduce RTO ● No manual rules or changes required AI-Driven Order Allocation Based on Data, Not Assumptions ShipSense AI Courier Allocation – Optimising Cost and Delivery Experience for Every Order Convertway Uniware Shipway
Page 17
17 Adopted by Marquee Enterprises Across the eCommerce Ecosystem Note: (1) Count of clients and list of logos represent clients of Uniware, Shipway and Convertway as of Q3 FY26; Logos displayed are for representation purposes only and remain the property of their respective owners. ….and more Clients 7,5961 Fashion, Footwear & Accessories Beauty, Personal Care & FMCG Pharma, Nutrition & Medical Home & Services Electronics Brand Aggregators & House of Brands International Uniware added 110+ enterprise new clients during Q3 FY26
Page 18
18 Orchestrating India’s eCommerce Operations at Scale Processed 25-30% of all dropship volumes in India in FY25 (1) 01 Executive Summary 02 AI-First Unicommerce 03 Q3 & 9M FY26 Financial Results 04 Appendix Table of Contents Note: (1) Unicommerce processes a significant share of eCommerce orders across retailers and brands, handling approximately 25-30% of all dropship volumes through its Uniware platform in FY25, As per 1Lattice Report -”B2C and SaaS e-commerce opportunities in India”, Nov 2025
Page 19
19 27.1% 23.8% 19.2% 13.1% Margin as a % of Revenue Notes: Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; ^YoY compares Q3 FY26 with Q3 FY25; (1) Adjusted EBITDA has been arrived at by adding share-based payment expenses (part of employee benefits expenses) to EBITDA. EBITDA refers to earning before interest, taxes, depreciation and amortisation which has been arrived at by adding total tax expense, finance cost, depreciation and amortisation expense and reducing other income to the PAT 7.4 56.4 13.4 32.7 8.9 8.2 XX% ● PAT, excluding amortisation from the Shipway acquisition, reflects a 24.9% YoY increase on a comparable basis ● Margin change reflects full-quarter consolidation of Shipway Technology Pvt. Ltd. in Q3 FY26 versus 15 days in Q3 FY25, resulting in a business mix change rather than operational impact ● Underlying profitability strengthened, with standalone Uniware’s Adj. EBITDA margin expanding from 30.5% to 40.1% YoY Q3 FY26: 72.2% YoY Revenue Growth and 51.0% Adj. EBITDA Growth 6.3 6.5 72.2% YoY ^ 51.0% YoY ^ 17.4% YoY ^ Revenue (₹ Cr) Adjusted EBITDA (₹ Cr) 1 Profit After Tax (₹ Cr)
Page 20
20 Notes: Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; ^YoY compares 9M FY26 with 9M FY25; (1) Adjusted EBITDA has been arrived at by adding share-based payment expenses (part of employee benefits expenses) to EBITDA. EBITDA refers to earning before interest, taxes, depreciation and amortisation which has been arrived at by adding total tax expense, finance cost, depreciation and amortisation expense and reducing other income to the PAT 17.1 89.5 21.1 21.8% 22.5% 15.9% 14.5 11.2% 9M FY26: 70.6% YoY Revenue Growth and 75.8% Adj. EBITDA Growth 34.3 19.5 152.7 ● Adj. EBITDA margin improved for 9M FY26 despite consolidation of Shipway Technology Pvt. Ltd., which operates at lower Adj. EBITDA margin margin compared to Uniware; Uniware’s standalone Adj. EBITDA margin expanded from 22.8% to 36.4% YoY ● PAT, excluding amortisation from the Shipway acquisition, reflects a 45.2% YoY increase on a comparable basis Margin as a % of RevenueXX% 14.3 70.6% YoY ^ 75.8% YoY ^ 19.5% YoY ^ Revenue (₹ Cr) Adjusted EBITDA (₹ Cr) 1 Profit After Tax (₹ Cr)
Page 21
21 Orchestrating India’s eCommerce Operations at Scale Processed 25-30% of all dropship volumes in India in FY25 (1) 01 Executive Summary 02 AI-First Unicommerce 03 Q3 & 9M FY26 Financial Results 04 Appendix Table of Contents Note: (1) Unicommerce processes a significant share of eCommerce orders across retailers and brands, handling approximately 25-30% of all dropship volumes through its Uniware platform in FY25, As per 1Lattice Report -”B2C and SaaS e-commerce opportunities in India”, Nov 2025
Page 22
22 Margin structure change reflects consolidation of Shipway Technology Pvt. Ltd. for Q3 FY26 period versus only 15 days in Q3 FY25, resulting in a business mix change rather than operational reasons. Underlying profitability in the core Uniware business strengthened during the period. KPIs Q3 FY26 Q2 FY26 Q3 FY25 QoQ Growth YoY Growth Revenue from contract with customers1 56.4 51.4 32.7 9.8% 72.2% Total Income 57.6 52.2 34.2 10.3% 68.3% Total Expense 47.7 44.4 25.7 7.3% 85.7% Gross Margin2 53.5% 55.0% 72.8% (151 bps) (1,931 bps) Adj. EBITDA3 13.4 11.4 8.9 17.4% 51.0% Adj EBITDA Margin%4 23.8% 22.2% 27.1% 155 bps (335 bps) EBITDA5 10.9 9.1 8.3 19.8% 31.4% EBITDA Margin%6 19.4% 17.8% 25.4% 163 bps (603 bps) PBT 9.9 7.8 8.6 27.5% 16.0% PBT Margin%7 17.6% 15.2% 26.1% 244 bps (854 bps) PAT 7.4 5.8 6.3 27.8% 17.4% PAT Margin%8 13.1% 11.3% 19.2% 185 bps (611 bps) Annual Recurring Revenue9 225.6 205.5 131.0 9.8% 72.2% Total Enterprise Clients (in Nos.)#^ 1,039 1,023 934 1.6% 11.2% Revenue per Employee10#^ 0.5 0.5 0.3 - 56.1% Number of items processed (in Mn)#^ 294.8 275.6 259.1 7.0% 13.8% Share of Revenue from Top 10 Clients (%)#^ 11.8% 15.1% 20.4% (336 bps) (863 bps) Key Performance Indicators – Q3 FY26 Notes: ^Unaudited & basis management of accounts (1) Revenue from contract with customers is total revenue generated by our Company from SaaS income and shipping service income, excluding other income sources. (2) Gross margin percentage represents the margin generated by the business after deducting the direct costs incurred to serve the clients, divided by revenue from contract with customers during the respective period / year. Direct costs include server hosting expense, software services and support cost attributable to business operation. (3) Adjusted EBITDA represents adjusted earnings before interest, taxes, depreciation and amortisation which has been arrived at by adding share-based payment expenses (part of employee benefits expenses) to EBITDA. EBITDA refers to earning before interest, taxes, depreciation and amortisation which has been arrived at by adding total tax expense, finance cost, depreciation and amortisation expense and reducing other income to the profit for the period / year. (4) Adjusted EBITDA Margin % represents Adjusted EBITDA as a % of revenue from contract with customers for the respective period / year. (5) EBITDA refers to earning before interest, taxes, depreciation and amortisation which has been arrived at by adding total tax expense, finance cost, depreciation and amortisation expense and reducing other income to the profit for the period / year. (6) EBITDA Margin % represents EBITDA as a % of revenue from contract with customers for the respective period / year. (7) Profit Before Tax Margin % represents Profit Before Tax as a % of revenue from contract with customers for the respective period / year. (8) Profit After Tax Margin % represents Profit After Tax as a % of revenue from contract with customers for the respective period / year. (9) Annual Recurring Revenue (“ARR”) is defined as revenue from contract with customers in the most recent quarter of the respective periods multiplied by 4. (10) Revenue from contract with customers / employee represents revenue from contract with customers divided by the average number of employees for the respective periods. For quarter periods, the ratio has been calculated on the basis of annualised revenue from contract with customers for the given period / year; (#) KPIs relate to Uniware platform only Financial numbers in ₹ Cr
Page 23
23 Margin structure change reflects consolidation of Shipway Technology Pvt. Ltd. for the full 9M FY26 period versus only 15 days in 9M FY25, resulting in a business mix change rather than operational reasons. Underlying profitability in the core Uniware business strengthened during the period. KPIs 9M FY26 9M FY25 FY25 YoY Growth Revenue from contract with customers1 152.7 89.5 134.8 70.6% Total Income 155.6 93.9 140.2 65.8% Total Expense 132.7 74.5 116.1 78.1% Gross Margin2 54.2% 76.4% 69.4% (2,224 bps) Adj. EBITDA3 34.3 19.5 28.4 75.8% Adj EBITDA Margin%4 22.5% 21.8% 21.1% 66 bps EBITDA5 28.5 18.2 26.5 56.2% EBITDA Margin%6 18.7% 20.4% 19.6% (172 bps) PBT 22.9 19.3 24.1 18.4% PBT Margin%7 15.0% 21.6% 17.9% (660 bps) PAT 17.1 14.3 17.6 19.5% PAT Margin%8 11.2% 15.9% 13.1% (478 bps) Annual Recurring Revenue9 225.6 131.0 181.1 72.2% Total Enterprise Clients (in Nos.)#^ 1,039 934 953 11.2% Revenue per Employee10#^ 0.4 0.3 0.4 23.1% Number of items processed (in Mn)#^ 825.3 704.7 950.3 17.1% Share of Revenue from Top 10 Clients (%)#^ 12.6% 20.1% 19.0% (751 bps) Key Performance Indicators – 9M FY26 Notes: ^Unaudited & basis management of accounts (1) Revenue from contract with customers is total revenue generated by our Company from SaaS income and shipping service income, excluding other income sources. (2) Gross margin percentage represents the margin generated by the business after deducting the direct costs incurred to serve the clients, divided by revenue from contract with customers during the respective period / year. Direct costs include server hosting expense, software services and support cost attributable to business operation. (3) Adjusted EBITDA represents adjusted earnings before interest, taxes, depreciation and amortisation which has been arrived at by adding share-based payment expenses (part of employee benefits expenses) to EBITDA. EBITDA refers to earning before interest, taxes, depreciation and amortisation which has been arrived at by adding total tax expense, finance cost, depreciation and amortisation expense and reducing other income to the profit for the period / year. (4) Adjusted EBITDA Margin % represents Adjusted EBITDA as a % of revenue from contract with customers for the respective period / year. (5) EBITDA refers to earning before interest, taxes, depreciation and amortisation which has been arrived at by adding total tax expense, finance cost, depreciation and amortisation expense and reducing other income to the profit for the period / year. (6) EBITDA Margin % represents EBITDA as a % of revenue from contract with customers for the respective period / year. (7) Profit Before Tax Margin % represents Profit Before Tax as a % of revenue from contract with customers for the respective period / year. (8) Profit After Tax Margin % represents Profit After Tax as a % of revenue from contract with customers for the respective period / year. (9) Annual Recurring Revenue (“ARR”) is defined as revenue from contract with customers in the most recent quarter of the respective periods multiplied by 4. (10) Revenue from contract with customers / employee represents revenue from contract with customers divided by the average number of employees for the respective periods. For quarter periods, the ratio has been calculated on the basis of annualised revenue from contract with customers for the given period / year; (#) KPIs relate to Uniware platform only Financial numbers in ₹ Cr
Page 24
24 Particulars For the quarter ended December 31, 2025 (Audited) For the quarter ended September 30, 2025 (Audited) For the quarter ended December 31, 2024 (Audited) For the year ended March 31, 2025 (Audited) Income Revenue from contract with customers 56.39 51.38 32.74 134.79 Other income 1.22 0.85 1.50 5.40 Total income (I) 57.62 52.23 34.24 140.20 Expenses Employee benefits expense 17.87 16.94 12.81 61.15 Server hosting expense 1.45 1.35 2.17 6.05 Finance costs 0.22 0.20 0.13 0.58 Depreciation and amortisation expense 2.02 2.00 1.14 7.20 Other expenses 26.13 23.96 9.43 41.11 Total expense (II) 47.69 44.45 25.68 116.09 Profit before tax (III = I-II) 9.93 7.79 8.56 24.11 Current tax 2.71 2.09 0.91 6.56 Adjustment of tax relating to earlier periods – – 1.14 1.14 Deferred tax charge/(credit) (0.17) (0.09) 0.23 (1.21) Income tax expense (IV) 2.54 2.01 2.27 6.49 Profit for the quarter/year (V= III-IV) 7.39 5.78 6.29 17.62 P&L – Q3 FY26 PAT , excluding non-cash amortisation expenses related to Shipway acquisition, in Q3 FY26 is ₹8.2 Cr, compared to ₹6.5 Cr in Q3 FY25, up 24.9% YoY The increase is primarily due to non-cash amortisation expenses of ₹1.0 Cr in Q3 FY26, ₹1.0 Cr in Q2 FY26 compared to ₹0.3 Cr in Q3 FY25 related to intangible assets from the Shipway Technology Pvt. Ltd. acquisition as per applicable accounting standards. These accounting charges do not affect our operating profitability. (Consolidated numbers in ₹ Cr) Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.
Page 25
25 Particulars For the nine months ended December 31, 2025 (Audited) For the nine months ended December 31, 2024 (Audited) For the year ended March 31, 2025 (Audited) Income Revenue from contract with customers 152.71 89.52 134.79 Other income 2.90 4.34 5.40 Total income (I) 155.61 93.86 140.20 Expenses Employee benefits expense 49.37 45.45 61.15 Server hosting expense 4.05 4.66 6.05 Finance costs 0.57 0.43 0.58 Depreciation and amortisation expense 7.95 2.84 7.20 Other expenses 70.81 21.17 41.11 Total expense (II) 132.74 74.54 116.09 Profit before tax (III = I-II) 22.87 19.31 24.11 Current tax 6.63 4.18 6.56 Adjustment of tax relating to earlier periods - 1.14 1.14 Deferred tax charge/(credit) (0.81) (0.28) (1.21) Income tax expense (IV) 5.81 5.04 6.49 Profit for the quarter/year (V= III-IV) 17.06 14.28 17.62 P&L – 9M FY26 PAT , excluding non-cash amortisation expenses related to Shipway acquisition, in 9M FY26 is ₹21.1 Cr, compared to ₹14.5 Cr in 9M FY25, up 45.2% YoY The increase is primarily due to non-cash amortisation expenses of ₹5.4 Cr in 9M FY26, compared to ₹0.3 Cr in 9M FY25 related to intangible assets from the Shipway Technology Pvt. Ltd. acquisition as per applicable accounting standards. These accounting charges do not affect our operating profitability. (Consolidated numbers in ₹ Cr) Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.
Page 26
26 For further information, please contact Company: Investor Relations Advisors: CIN: L74140DL2012PLC230932 Investor Relations investor.relations@unicommerce.com www.unicommerce.com CIN: U74140MH2010PTC204285 Mr. Rahul Agarwal / Mr. Karan Thakker rahul.agarwal@sgapl.net / karan.thakker@sgapl.net +91 98214 38864 / +91 81699 62562 www.sgapl.net