UNIECOMNSE27 April 2026

Unicommerce Esolutions Limited has informed the Exchange about Investor Presentation

Unicommerce Esolutions Limited

27th April, 2026

National Stock Exchange of India Ltd. Exchange Plaza, C – 1, Block G Bandra-Kurla Complex, Bandra (E), Mumbai-400 051 Symbol: UNIECOM

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 544227

Subject: Update under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)

Reference: Annual Audited (Standalone & Consolidated) Financial Results for the quarter and financial year ended on 31st March, 2026

Dear Sir/Madam,

Greetings from Unicommerce eSolutions Limited.

Pursuant to Regulation 30 of SEBI Listing Regulations, as amended from time to time, andin continuation to our earlier communication sent on 20th April, 2026, we are enclosing Consolidated) and the Investor Presentation for the Annual Financial Results for the quarter and financial year ended on 31st March, 2026.

Audited (Standalone

The same is available on the website of the Company at https://unicommerce.com/

Please take the aforesaid document on record and oblige.

Thanking you, For Unicommerce eSolutions Limited

_________________ Anil Kumar Company Secretary Membership No. F8023

Encl.: as above

Unicommerce eSolutions Ltd. Registered Office: Mezzanine Floor, A-83, Okhla Industrial Area Phase-II, New Delhi 110020 India Corporate Office: M3M Urbana Business Park, Tower B, 9th Floor, Sector 67, Gurugram 122001, Haryana, India Tel +91-888 7790 22, email: contactus@unicommerce.com I Web: www.unicommerce.com CIN: L74140DL2012PLC230932

AI-First eCommerce Enablement Investor Presentation – FY26 & Q4 FY26

One Stop for All eCommerce Automation Needs

From Click

To Delivery

Increase Sales

Streamline Operations

Reduce Costs

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.

Orchestrating India’s eCommerce Operations at Scale Using AI

Table of Contents

01 Executive Summary

02 FY26 at a Glance

03 FY 27 & Beyond

04 Q4 and FY26 Financial

Results Summary

05 Appendix

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

3

Processed 25-30% of all dropship volumes in India in FY25 (1)

FY26: Delivered Rule of 401 With Strong Growth, Profitability, Cash Generation

FY26 Financial Performance2

Q4 FY26 Financial Performance2

Revenue

Adjusted EBITDA 3

Cash Flow From Ops

PAT ^

51.6% YoY ₹204.3 Cr

54.5% YoY ₹43.9 Cr

68.1% YoY ₹47.0 Cr

16.1% YoY ₹20.5 Cr

Revenue

14.0% YoY ₹51.6 Cr

Adjusted EBITDA 3,#

Cash Flow From Ops

PAT ^,#

7.8% YoY ₹9.6 Cr

51.6% YoY ₹12.4 Cr

1.6% YoY ₹3.4 Cr

Note: ^PAT growth is lower compared to Adjusted EBITDA growth primarily due to the impact of non-cash amortisation expenses related to the acquisition of Shipway Technology Private Limited. Amortisation relates to intangible assets recognised as part of the acquisition accounting; #Q4 FY26 Adjusted EBITDA and PAT reflect the impact of growth investments undertaken during the quarter in Shipway (1) The rule of 40 is an industry accepted standard which is used to assess the growth and profitability of SaaS companies. It says that the sum of the revenue growth over a year and profitability (Adjusted EBITDA as a percentage of revenue) must be at least 40%. The rule of 40 was met for FY26. (2) Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; YoY compares FY26 with FY25; (3) 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

4

Established the Foundation for an AI-first, Multi-Platform Business in FY26

Business Evolution

First full year as a multi-platform eCommerce enablement SaaS company

AI

AI-first solutions across demand generation, operations, and logistics, enhancing outcomes for clients

Shipway: Growing in a large market with low penetration; Uniware: Sustained profitability profile with growth improvement in H2

Operational Momentum

Uniware returned to double-digit growth, up 11.7% YoY in Q4 FY26, driven by growth initiatives

Shipway grew 17.7% YoY in Q4 FY26 with continued go-to-market momentum

450+ enterprise clients onboarded to Uniware in FY26, highest to date

Marquee customer acquired across categories, including, Onida, Kenstar, Action Tesa, Nayasa, Ajanta Shoes, Lehar Footwear, Himalaya Wellness, Rupa, Lacoste, SuperYou, Trunativ, Vedantu, and Allen

Continued cross-sell momentum with increasing adoption of new products

Targeted investments initiated in Shipway in Q4 FY26 to support long-term growth

5

5x Revenue Growth in Five Years; Now Building for Similar Growth Ahead

Journey to FY26

FY 27 & Beyond

Scaled 5x with sustained profitability, establishing a multi-platform foundation

Leverage the foundation to drive multiple revenue streams with disciplined profitability

5x Revenue Growth in 5 Years

204.3

Amounts in ₹ Cr

FY26 Adj. EBITDA larger than FY 21 Revenue

AI

AI-first Product Innovation

Organic Growth Initiatives

5x

40.0

43.9

Selective Inorganic Expansion

Cost Discipline and Operating Leverage

Revenue FY21

Revenue FY26

Adj. EBITDA1 FY26

Calibrated FY27 investments to build AI capabilities, expand sales & marketing capacity and strengthen senior talent for future growth

Note: (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

6

Kapil Makhija: Building for the Next Phase of Growth in an Evolving eCommerce and AI Landscape

FY26 marked a defining year for Unicommerce, reflecting both how eCommerce has changed and how we have evolved with it. Over the last five years, eCommerce has become far more complex. Brands now operate across marketplaces, quick commerce, brand websites, and B2B channels, while managing larger inventories and faster delivery expectations. Our platforms sit at the center of this complexity, acting as the operating system that helps businesses run at scale.

Over the five-year period, we have grown our revenue 5x. Importantly, our FY26 Adjusted EBITDA exceeded our revenues in FY21, highlighting the scale, discipline, and operating leverage we have built. We believe this creates a strong base to drive a similar growth trajectory going forward.

During FY26, we completed our evolution into a multi-platform eCommerce enablement SaaS company, with Uniware, Shipway, and Convertway spanning transaction processing, logistics, and customer engagement. This creates advantages that fragmented solutions cannot easily match.

We are excited about the next shift underway: AI. As the system of record for our customers’ operations, we capture granular data across the commerce lifecycle. This enables us to use AI for smarter decision-making. UniBot AI for warehouse operations, ShipSense AI for logistics allocation, and Catalyst Voice Bot AI for customer engagement are already live examples delivering outcomes. We see AI as a key driver of the next chapter of growth for Unicommerce.

Kapil Makhija MD & CEO

We had a strong execution during the year and onboarded over 450 enterprise clients on Uniware, the highest in our history, with a mix of traditional enterprises and digital-first brands. Our newer modules are gaining traction, with 35–40% of enterprise clients now using B2B and quick commerce capabilities. Our international business turned profitable and continues to outpace the domestic segment. Uniware returned to double-digit growth in Q4 FY26, and Shipway achieved profitability within two quarters of acquisition and continues to scale.

Looking ahead, we aim to replicate the growth of the last five years. We anchor our approach on four priorities, expanding our product portfolio with AI-first innovation to deepen use cases and open new revenue streams; driving growth across all platforms; evaluating selective inorganic opportunities aligned with our platform strategy; and maintaining financial discipline while we invest in growth.

Starting Q4 FY26, we have started investments in sales & marketing, AI-first product development, and senior capacity to strengthen our go-to-market execution. As eCommerce grows more complex, our role becomes more integral, positioning us well to capture the opportunities ahead.

7

Anurag Mittal: Focus on Revenue Growth With Profitability & Cash Generation

“We are pleased to report strong financial performance for FY26 and Q4 FY26, with growth across revenue, profitability, and cash generation.

Revenue for FY26 stood at ₹204.3 Cr, compared to ₹134.8 Cr in FY25, reflecting YoY growth of 51.6%. Adjusted EBITDA increased to ₹43.9 Cr from ₹28.4 Cr, a growth of 54.5%, driven by operating leverage, particularly within the Uniware business. We achieved the Rule of 40 in FY26, with revenue growth and Adjusted EBITDA margin together exceeding 40%, reflecting balanced growth and profitability.

The business continues to generate strong cash flows, with cash flow from operations of ₹47.0 Cr during FY26, compared to ₹28.0 Cr in FY25. Cash and bank balances rose to ₹81.3 Cr as of March 31, 2026, returning to levels similar to those prior to the Shipway acquisition.

Profit after tax stood at ₹20.5 Cr, compared to ₹17.6 Cr in FY25, a growth of 16.1%. The narrower PAT expansion relative to Adjusted EBITDA reflects non-cash amortisation of intangible assets from the Shipway acquisition. EPS increased from ₹1.58 to ₹1.78.

For Q4 FY26, revenue stood at ₹51.6 Cr, reflecting YoY growth of 14.0%. The sequential moderation from

Anurag Mittal CFO

Q3 reflects the inherent seasonality of Indian eCommerce. Q3 is the peak demand quarter, driven by extended festive activity including Diwali and Christmas. Q4, in contrast, is characterised by shorter, event-driven spikes such as end-of-season and Republic Day sales, which are largely discount-led and inventory-clearance in nature. Volumes therefore normalise in Q4.

Adjusted EBITDA for the quarter was ₹9.6 Cr, up 7.8% YoY, and PAT stood at ₹3.4 Cr, up 1.6%. The moderate growth in profitability reflects planned investments initiated for Shipway during the quarter, including strengthening sales and marketing, adding AI-focused product and engineering talent, and onboarding experienced mid-senior team members to build execution capacity for the scale ahead.

Looking ahead, our focus remains on scaling all three platforms while continuing to invest in product, sales & marketing, AI, and go-to-market capabilities. As we make investments to support our long-term growth, we will continue to maintain a disciplined approach to cost management.

8

Orchestrating India’s eCommerce Operations at Scale Using AI

Table of Contents

01

02

03

04

Executive Summary

FY26 at a Glance

FY 27 & Beyond

Q4 and FY26 Financial Results Summary

05

Appendix

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

9

Processed 25-30% of all dropship volumes in India in FY25 (1)

Scaled 5x With Sustained Profitability in the Past Five Years, Establishing an AI-first, Multi-platform Foundation

Journey to FY26

FY26 at a Glance

5x Revenue Growth in 5 Years

204.3

Amounts in ₹ Cr

FY26 Adj. EBITDA larger than FY 21 Revenue

1. Transitioned to a multi-platform, expanding addressable market

5x

40.0

43.9

AI

2. Embedded AI across products and go-to-market strategy to enhance capabilities and efficiency

3. Strong growth in acquisitions, scale and product adoption; International business turned profitable

4. Scaled to 8,000+ client businesses across D2C and traditional brands

Revenue FY21

Revenue FY26

Adj. EBITDA1 FY26

5. Delivered consistent revenue growth and profitability

Note: (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

10

Transitioned to a Full-Stack eCommerce Enablement Platform 1.

First full year as a multi-platform company, expanding capabilities across the eCommerce value chain

Capturing Value Across the eCommerce Journey

Pre-purchase

Order Processing

Shipping & Post-delivery

Marketing Automation

Operations Automation

Logistics Automation

Client Success Story

Fashion Brand

+

+

Used our 3 platforms across their entire purchase process

Multi-dimensional growth, retention and increased LTV

Revenue Growth

4.2X

2.5X

1X

For complete details of our platforms capabilities, refer to appendix.

Year 1

Year 2

Year 3

11

2. Embedded AI Across Products to Enhance Capabilities and Customer Value 2.

AI Embedded Across Platforms

Featuring

Catalyst AI

Featuring

UniBot AI

Featuring

ShipSense AI

AI voice agent to drive conversion for brands websites

AI assistant for managing eCommerce operations

AI-driven courier allocation to optimise cost and delivery outcomes

Click to Play Demo

Click to Play Demo

Click to Play Demo

12

AI Applied Across Go-to-market For Better Targeting, Onboarding and Ops 2.

AI Embedded Across Our Go-to-market Strategy

AI

AI

AI

AI

AI

Marketing

Sales

Onboarding

Support

Technology

Marketing Intelligence Agent

Solution Advisory Agent

Adoption Acceleration Agent

Service Resolution Agent

Engineering Productivity Agent

● Lead identification and

● Pre-meeting research

● Account setup and data

● Issue detection and

segmentation ● Content generation ● Campaign management

and preparation

preparation

● Technical assessment and solution creation

● Activation tracking ● Training effectiveness

analysis

classification ● Response drafting ● Quality monitoring

● PRD and code writing ● Rapid prototyping ● UI/UX design ● Code review support

13

3. Strong Momentum Across Acquisitions, Adoption and Usage Expansion 3.

Uniware Enterprise Acquisitions

New Product Adoption

Shipway & Convertway Growth

FY26 and Q4 represent the highest annual and quarterly enterprise onboarding to date

Continued increase in adoption and usage across new products

Steady YoY growth in a large addressable market

% of Enterprise Clients

Annualised Revenue Run-rate1 (₹ Cr)

149 in Q4

465

397

40-45%

B2B & Quick Commerce

348

336

253

5-6%

1-2%1-2%

17.7%

83.9

71.2

FY22

FY23

FY24

FY25

FY26

Q4 FY25

Q4 FY26

Note: (1) Defined as revenue for Shipway Technology Private Limited in the most recent quarter of the respective periods multiplied by 4

14

4. 450+ Enterprise Clients Onboarded in FY26, Highest Addition to Date 4.

Trusted by 8,000+ Leading D2C and Traditional Brands

Apparel

Electronics

Home

FMCG

Personal Care

Footwear

Education

Marketplaces

Note: Logos are the property of their respective owners and are used for representation purposes only

5. Five Years of Consistent Growth Across Revenue, Profitability and Cash 5.

Rule of 40 maintained over 5 years with profitability improving ahead of revenue

Revenue (₹ Cr)

Adj. EBITDA1 (₹ Cr)

Cash Flow From Ops (₹ Cr)

Profit After Tax (₹ Cr)

Earnings Per Share2 (₹ Cr)

5.1x

204.3

7.7x

43.9

4.7x

47.0

4.6x

20.5

4.5x

1.8

40.0

5.7

10.0

4.5

0.4

FY21

FY26

FY21

FY26

FY21

FY26

FY21

FY26

FY21

FY26

Note: Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; (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 (2) EPS for FY 21 has been calculated on the basis of share count post-split and bonus issue

16

Orchestrating India’s eCommerce Operations at Scale Using AI

Table of Contents

01

02

03

04

Executive Summary

FY26 at a Glance

FY 27 & Beyond

Q4 and FY26 Financial Results Summary

05

Appendix

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

17

Processed 25-30% of all dropship volumes in India in FY25 (1)

FY 27 & Beyond

AI-first Innovation to Drive New Revenue Streams, Alongside Organic and Inorganic Expansion

Building For The Next Phase of Growth

Our Strategy for the Next Phase

3.

AI

Inorganic Expansion

Adjacent Market Opportunities with AI Relevance Evaluation

AI

2.

Organic Growth Initiatives

AI

1.

AI-first Product Innovation

New Products

New Use Cases

Strin

g e

nt C st M

o

a n a g e m e

4.

p

nt & O eratin g L e v era g e

AI at the Core of Our Products and Operations

18

Path to the Next Phase of Growth Through Layered Growth Drivers

Client Value Proposition Shaping Our Strategy

Sell More. Fulfil Better. Be Efficient.

1. AI-first Product Innovation

2. Organic Growth Initiatives

AI

Drive Value for Clients

AI

Win More Clients & Grow Together

● Develop AI-first products and expand

● Increase revenue from existing

use cases across platforms to increase monetisation

customers through higher usage and scale enablement

● Improve retention through deeper

● Acquire new customers through

integration and ease of use

platform depth, cross-sell, and market expansion

3.

AI

Selective Inorganic Expansion

Expand Strategically

● Evaluate M&A opportunities adjacent to our business, with clear strategic fit and AI relevance

● Focus on disciplined valuations and

integration synergies

● Prioritise opportunities with profitability

or a clear path to profitability

4.

Cost Discipline and Operating Leverage

● Maintain cost discipline with calibrated

investments to support long-term growth

● Drive operating leverage and sustain healthy profitability

19

Calibrated Investments in FY27 to Support Future Growth

Key Investment Areas

Investing to enhance our platform and drive new product adoption

Investing to drive scale in a large addressable market with low penetration for Shipway

AI

AI

AI Product & Engineering

Sales & Marketing

Senior Talent

Software & AI Tools

Build AI capabilities through focused hiring

Scale capacity; Established dedicated team for high-value clients

Strengthen execution depth

Embed AI across product and go-to-market strategy

Investments initiated from Q4 FY26 to drive future growth and deepen product capabilities

20

Orchestrating India’s eCommerce Operations at Scale Using AI

Table of Contents

01

02

03

04

Executive Summary

FY26 at a Glance

FY 27 & Beyond

Q4 and FY26 Financial Results Summary

05

Appendix

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

21

Processed 25-30% of all dropship volumes in India in FY25 (1)

FY26: 51.6% YoY Revenue Growth and 54.5% YoY Adjusted EBITDA Growth

Revenue (₹ Cr)

Adjusted EBITDA (₹ Cr)1

Profit After Tax (₹ Cr)

51.6%^

204.3

134.8

FY25

FY26

54.5%^

43.9

16.1%^

20.5

17.6

28.4

FY25

21.1%

FY26

21.5%

FY25

13.1%

FY26

10.0%

● Growth led by Shipway2; Uniware returned to double-digit YoY growth in Q4 FY26 after subdued demand environment during parts of the year

● Driven by operating leverage and cost

management; Adj. EBITDA margin stable despite Shipway2 consolidation

● Standalone Adj. EBITDA margin: 25.0% → 37.5%

● Lower growth in PAT vs Adjusted EBITDA due to non-cash expenses, including amortisation related to Shipway2 acquisition

Notes: Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; ^YoY compares FY26 with 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 (2) Refers to Shipway Technology Private Limited which consists of Shipway and Convertway businesses

XX%

Margin as a % of Revenue

22

Q4 FY26: 14.0% YoY Revenue Growth and 7.8% YoY Adjusted EBITDA Growth

Revenue (₹ Cr)

Adjusted EBITDA (₹ Cr)1

Profit After Tax (₹ Cr)

14.0%^

51.6

7.8%^

9.6

45.3

8.9

1.6%^

3.3

3.4

Q4 FY25

Q4 FY26

Q4 FY25

Q4 FY26

Q4 FY25

Q4 FY26

19.6%

18.5%

7.4%

6.6%

● Uniware +11.7% YoY; Shipway2 +17.7% YoY ● QoQ decline due to seasonality (Q3 driven by festive demand; Q4 limited

to event-led sales); Similar trend observed last year

● Adjusted EBITDA & PAT growth moderated due to investments in

Shipway2 and Uniware, starting Q4 FY26

● Standalone Adj. EBITDA margin (Q4 FY25 vs. Q4 FY26): 32.1% → 40.8% ● For details on investment areas, refer to this section

Notes: Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; ^YoY compares Q4 FY26 with Q4 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 (2) Refers to Shipway Technology Private Limited which consists of Shipway and ConvertWay businesses

XX%

Margin as a % of Revenue

23

Strong Cash Generation Enabling Disciplined Investment in Existing Businesses and Strategic Inorganic Expansion in The Future

Cash Flow From Operations (₹ Cr)

Cash & Bank Balance (₹ Cr)1

68.1%^

47.0

130.2%^

81.3

28.0

35.3

Cash position has returned to pre-Shipway Technology acquisition levels within five quarters

FY25

FY26

FY25

FY26

Note: Consolidated financials includes subsidiary (Shipway Technology Pvt. Ltd.) financials; ^YoY compares FY26 with FY25;; (1) Cash & Bank Balance includes Cash & Cash Equivalent, Bank balances other than cash and cash equivalent, Deposits and Investments

24

Orchestrating India’s eCommerce Operations at Scale Using AI

Table of Contents

01

02

03

04

Executive Summary

FY26 at a Glance

FY 27 & Beyond

Q4 and FY26 Financial Results Summary

05

Appendix

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

25

Processed 25-30% of all dropship volumes in India in FY25 (1)

Appendix

Key Performance Indicators & Financials

Our Multi-Platform Product Suite

26

Key Performance Indicators – FY26

KPIs

Revenue from contract with customers1

Total Income

Total Expense

Gross Margin2

Adj. EBITDA3

Adj EBITDA Margin%4

EBITDA5

EBITDA Margin%6

PBT

PBT Margin%7

PAT

PAT Margin%8

Annual Recurring Revenue9

Total Enterprise Clients (in Nos.)#^

Revenue per Employee10#^

Share of Revenue from Top 10 Clients (%)#^

FY26

204.3

208.4

179.6

53.3%

43.9

21.5%

35.4

17.3%

28.8

14.1%

20.5

10.0%

206.5

1,126

0.4

12.1%

FY25

134.8

140.2

116.1

69.4%

28.4

21.1%

26.5

19.6%

24.1

17.9%

17.6

13.1%

181.1

953

0.4

19.0%

Financial numbers in ₹ Cr

YoY Growth

51.6%

48.7%

54.8%

(1,616 bps)

54.5%

40 bps

33.8%

(231 bps)

19.4%

(380 bps)

16.1%

(306 bps)

14.0%

18.2%

-

(692 bps)

● Margin change reflects full-year consolidation of Shipway (vs 105 days in FY25), leading to a business mix shift rather than operational impact. Core Uniware profitability improved.

Standalone margins improved from FY25 to FY26: ○ Adj. EBITDA: 25.0% → 37.5% ○ EBITDA: 23.3% → 31.6% ○ PBT: 25.6% → 32.2% ○ PAT: 19.1% → 24.0%

● PAT, excluding non-cash

amortisation expenses related to Shipway acquisition, in FY26 is ₹25.3 Cr, compared to ₹20.4 Cr in FY25, up 23.6%

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

27

Key Performance Indicators – Q4 FY26

KPIs

Q4 FY26

Q3 FY26

Q4 FY25

Revenue from contract with customers1

Total Income

Total Expense

Gross Margin2

Adj. EBITDA3

Adj EBITDA Margin%4

EBITDA5

EBITDA Margin%6

PBT

PBT Margin%7

PAT

PAT Margin%8

Annual Recurring Revenue9

Total Enterprise Clients (in Nos.)#^

Revenue per Employee10#^

Share of Revenue from Top 10 Clients (%)#^

51.6

52.8

46.9

50.6%

9.6

18.5%

6.9

13.4%

5.9

11.4%

3.4

6.6%

206.5

1,126

0.5

11.8%

56.4

57.6

47.7

53.5%

13.4

23.8%

10.9

19.4%

9.9

17.6%

7.4

13.1%

225.6

1,039

0.5

11.8%

45.3

46.3

41.5

55.6%

8.9

19.6%

8.2

18.2%

4.8

10.6%

3.3

7.4%

181.1

953

0.3

19.7%

Financial numbers in ₹ Cr

QoQ Growth

(8.5%)

(8.3%)

(1.7%)

YoY Growth

14.0%

14.0%

12.9%

(291 bps)

(504 bps)

(28.6%)

7.8%

(523 bps)

(107 bps)

(36.6%)

(15.8%)

(596 bps)

(475 bps)

(40.5%)

(616 bps)

(54.0%)

23.1%

84 bps

1.6%

(651 bps)

(80 bps)

(8.5%)

8.4%

-

-

14.0%

18.2%

0.2

(787 bps)

● Uniware grew 11.7% YoY; Shipway grew 17.7% YoY

● Revenue declined QoQ due to seasonality, with Q3 benefiting from festive demand and Q4 limited to event-led sales. Consistent with last year on a standalone basis

● Margins declined both QoQ and YoY due to investments initiated in Q4 FY26 to support long-term growth. For more details, refer to this section

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

28

P&L – FY26

Particulars

Income

Revenue from contract with customers

Other income

Total income (I)

Expenses

Employee benefits expense

Server hosting expense

Finance costs

Depreciation and amortisation expense

Other expenses

Total expense (II)

Profit before tax (III = I-II)

Current tax

Adjustment of tax relating to earlier periods

Deferred tax charge/(credit)

Income tax expense (IV)

Profit for the quarter/year (V= III-IV)

For the quarter ended March 31, 2026 (Audited)

For the quarter ended December 31, 2025 (Audited)

For the quarter ended March 31, 2025 (Audited)

For the year ended March 31, 2026 (Audited)

For the year ended March 31, 2025 (Audited)

Financial numbers in ₹ Cr

51.63

1.18

52.81

19.19

1.92

0.21

2.00

23.58

46.90

5.91

2.32

0.37

(0.18)

2.51

3.40

56.39

1.22

57.62

17.87

1.45

0.22

2.02

26.13

47.69

9.93

2.71

-

(0.17)

2.54

7.39

45.27

1.06

46.34

15.70

1.39

0.15

4.36

19.94

41.54

4.80

2.38

-

(0.93)

1.45

3.35

204.34

4.08

208.42

68.55

5.97

0.78

9.95

94.39

179.64

28.78

8.95

0.37

(1.00)

8.32

20.46

134.79

5.40

140.20

61.15

6.05

0.58

7.20

41.11

116.09

24.11

6.56

1.14

(1.21)

6.49

17.62

Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.

29

Cash Flow Statement (1/2)

Particulars

Cash flow from operating activities

Profit before tax for the year Adjustment to reconcile profit before tax for the year to net cash flows: Depreciation of property, plant and equipment Amortisation of Intangible assets Depreciation of right of use of assets Unrealised exchange (gain)/loss (Gain)/loss on sale of property, plant and equipment Loss on sale of property, plant and equipment Share-based payment expense Loss allowance on financials assets Finance Costs - Interest on lease liability Finance Costs - Interest on bank overdraft Income on financial instruments at fair value through fair value profit and loss Unwinding of discount on financial assets at amortised cost Interest income on bank deposits Loss on modification of lease liability Gain on termination of lease liability Gain on sale of investments Operating profits before working capital changes

Working capital adjustments:

Increase/(decrease) in trade payables and other payables Increase/(decrease) in provisions Increase/(decrease) in other liabilities and other financial liabilities Decrease/(increase) in trade receivables Decrease/(increase) in other assets and other financial assets Cash generated from operations Income taxes paid (net of refund) Cash flow from operating activities (A)

For the year ended March 31, 2026 (Audited)

For the year ended March 31, 2025 (Audited)

Financial numbers in ₹ Cr

28.78

0.60 7.19 2.17 (0.03) - 0.08 8.44 0.30 0.76 0.02 (1.21) (0.03) (2.29) 0.18 - (0.12) 44.82

4.81 (1.16) 6.47 2.38 (2.98) 54.33 (7.33) 47.00

24.11

0.51 3.83 2.85 - (0.00) - 1.91 1.74 0.57 0.00 (0.02) (0.15) (3.94) - (0.40) (0.56) 30.46

(2.07) (0.51) (10.95) 0.02 11.08 28.03 (0.07) 27.96

Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.

30

Cash Flow Statement (2/2)

Particulars

Cash flow from investing activities

Purchase of property, plant and equipment Proceeds from sale of property, plant and equipment Addition to Intangible assets Payment towards acquisition of business, net of cash acquired Investment in bank deposits Redemption of bank deposits Investment in mutual fund Redemption of mutual fund Interest received on bank deposits Cash used in investing activities (B)

Cash flow from financing activities

Proceeds from issue of equity shares Payment made on cancellation/settlement of options Interest paid on bank overdraft Payment of principal portion of lease liabilities Payment of interest portion of lease liabilities Cash used in financing activities (C)

Net increase/(decrease) in cash and cash equivalents (A+B+C)

Cash and cash equivalents at the beginning of the year

Cash and cash equivalents at the end of the year

For the year ended March 31, 2026 (Audited)

For the year ended March 31, 2025 (Audited)

Financial numbers in ₹ Cr

(0.63) 0.15 (1.50) - (33.90) 17.50 (30.00) 3.75 1.86 (42.78)

0.00 - (0.02) (1.82) (0.76) (2.60)

1.62

1.97

3.60

(0.26) 0.00 (6.31) (67.23) (29.79) 73.79 (51.40) 54.39 4.82 (21.98)

0.00 (2.23) (0.00) (2.47) (0.57) (5.28)

0.70

1.27

1.97

Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.

31

Balance Sheet (1/2)

Particulars

ASSETS

Non-current assets

Property, plant and equipment

Right-of-use assets

Goodwill

Intangible assets

Intangible assets under development

Financial assets

Other financial assets

Total non-current assets

Current assets

Financial assets

Investments

Trade receivables

Cash and cash equivalents

Bank balances other than cash and cash equivalents

Other financial assets

Other current assets

Total current assets

Total assets

As at March 31, 2026 (Audited)

As at March 31, 2025 (Audited)

Financial numbers in ₹ Cr

1.52

9.14

117.21

36.36

-

31.62

195.86

31.19

10.99

3.60

3.15

19.86

5.92

74.70

270.55

1.09

7.28

117.21

35.74

6.31

3.53

171.16

3.61

13.64

2.43

0.15

34.88

2.38

57.07

228.24

Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.

32

Balance Sheet (2/2)

Particulars

EQUITY AND LIABILITIES Equity Equity share capital Other Equity Total equity

Liabilities

Non-current liabilities

Financial Liabilities Lease liabilities Other financial liabilities Provisions Deferred tax liabilities (net) Total non-current liabilities

Current liabilities

Financial Liabilities

Borrowings Lease liabilities

Trade and other payables

total outstanding dues of micro and small enterprises total outstanding dues of creditors other than micro and small enterprises Other financial liabilities Provisions Current tax liabilities (net) Other current liabilities Total current liabilities Total liabilities Total equity and liabilities Note: The figures in the table have been converted from millions to crores. Totals may not add up due to rounding off.

As at March 31, 2026 (Audited)

As at March 31, 2025 (Audited)

Financial numbers in ₹ Cr

11.24 181.73 192.97

7.57 - 3.01 5.34 15.92

- 1.90 - 0.06 24.98 12.74 1.68 3.18 17.13 61.67 77.58 270.55

10.33 59.82 70.15

5.91 0.00 3.68 6.31 15.90

0.45 1.34 - 0.01 20.22 104.77 2.21 1.20 11.98 142.19 158.09 228.24

33

Appendix

Key Performance Indicators & Financials

Our Multi-Platform Product Suite

34

AI-first SaaS Platforms Enabling eCommerce Across the Value Chain

One Stop for All eCommerce Automation Needs

Pre-purchase Stage

Order Processing

Shipping & Post-delivery

Marketing Automation

Operations Automation

Logistics Automation

featuring Catalyst AI

featuring UniBot AI

featuring ShipSense AI

Increase Sales

Streamline Operations

Reduce Costs

35 35

Adopted by Marquee Enterprises Across the eCommerce Ecosystem

Fashion, Footwear & Accessories

Beauty, Personal Care & FMCG

8,000+ 1 Clients

Pharma, Nutrition & Medical

Home & Services

Electronics

Brand Aggregators & House of Brands

International

….and more

Note: (1) Count of clients and list of logos represent clients of Uniware, Shipway and Convertway as of Q4 FY26; Logos displayed are for representation purposes only and remain the property of their respective owners.

36

Marketing Platform Unlocking Revenue Across Customer Journey

Convertway

Uniware

Shipway

Comprehensive SaaS Suite to Automate Marketing

featuring Catalyst AI

AI Voice Agent

AI Voice Whatsapp RCS SMS Email Agent

Acquisition & Conversion

Supported Campaigns

Welcome

Support

Browse Abandon

Cart Abandon

Upsell

Reviews

Win Back

COD to Prepaid

Retention & Support

37

More Subscribers, More Conversions, More Retention.

Plug-and-Play AI Conversational Commerce for Revenue Growth

Convertway

Uniware

Shipway

Catalyst – AI Voice Agent That Closes Sales for eCommerce Brands

Catalyst

Click to Play Demo Video

● Human-like

conversations at scale

● Personalised for each brand and product

● Bilingual support

● Dynamic language switch

● Upto 1.5x conversions

38

Mission-Critical System of Record for eCommerce Operations

Convertway

Uniware

Shipway

Comprehensive SaaS Suite to Automate Operations

featuring UniBot AI

Extensive Product Portfolio

Order Management System

D2C Website

Marketplace

Quick Commerce

B2B / Wholesale

Warehouse & Inventory Management System

Omnichannel Retail Management System

Vendor Management Panel for Marketplaces

UniReco: Payment Reconciliation

UniCapture: Shipment Video Capture for Dispute Claims

Built for Enterprise Scale and Complexity of Operations

290+ Integrations to Bring All Systems Together

Shipping Providers

Marketplace

Quick Commerce

ERP / POS

39

Industry-first AI Assistant Enabling Conversational Operations

Convertway

Uniware

Shipway

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

40

Click to Play Demo Video

New Uniware Modules Expanding Monetisation Opportunities

Convertway

Uniware

Shipway

Quick Commerce & B2B

UniCapture

UniReco

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

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

Click to Play Demo Video

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

Note: Logos displayed are for representation purposes only and remain the property of their respective owners.

41

Flexible Logistics Automation for Evolving D2C Needs

Convertway

Uniware

Shipway

Comprehensive SaaS Suite to Automate Logistics Operations

featuring ShipSense AI

Courier Aggregation with ShipSense AI Allocation

Shipway Cargo for B2B Courier Aggregation

Non-Delivery Follow-ups

RTO Reduction Suite

Branded Tracking Page Module for Website

Refund and Exchange Management Module for Website

Value-added Services

Non-Delivery Follow-ups

Fraud Detection

COD Verification

Address Verification

Branded Communications

Early COD Remittance

42

Full-service Courier Aggregation SaaS with a Software-Only Automation Option to Manage Own Courier Relationships

AI-Driven Order Allocation Based on Data, Not Assumptions

Convertway

Uniware

Shipway

ShipSense AI Courier Allocation – Optimising Cost and Delivery Experience for Every Order

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

43

For further information, please contact

Company:

Investor Relations Advisors:

CIN: L74140DL2012PLC230932 Investor Relations investor.relations@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.unicommerce.com

www.sgapl.net

44

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