Titan Intech Ltd Management Discussions

a) Structure and Developments, Opportunities and Threats, Performance, Outlook, Risks and Concerns

For the last couple of decades, Indias IT industry has led Indias ascent as a financial power. The impressive statistics point to Indias capabilities to leverage the global digital and communication revolution. However, there are some risks and challenges that Indias IT industry needs to tackle in the near future.

Indias software services industry continues to show consistent growth in exports, demonstrating its competitiveness and potential for further development and innovation. Realising the wealth of potential in the IT-ITeS sector, the central and state governments are also working towards creating a sound infrastructure for the IT-ITeS sector. India has become one of the fastest growing IT markets in Asia Pacific, owing to its increased IT spending in the last few years.

b) Titan Intechs Business Overview

Titan Intech initiated digital transformation of business entities, equipped with performance and scalability, accentuated by experienced international solution architects, with time tested strategies. Focussing on top of the class quality and security of clients IT infrastructure and business data, the Company integrate smart automation solutions brought by artificial intelligence to maximise the impact, while expertly addressing the regulations and strict compliance.

i) Transforming Indias Display Landscape: The "titanview"

With great pride, we share the continued market success of our flagship product— "titanview" Interactive Flat Panel Displays (IFPDs). Since its introduction, "titanview" has not only received outstanding feedback from the market but has also firmly positioned Titan Intech as a technology frontrunner in Indias fastgrowing interactive display segment.

Equipped with a robust Android OS, intelligent multi-touch technology, and seamless content integration, "titanview" has emerged as the go-to solution for educational institutions, corporate environments, and training ecosystems. This has translated into a surge in order volumes—particularly through bulk deployments in CBSE schools, professional institutes, and enterprise clients—boosting top-line growth and enhancing long-term revenue visibility.

As part of our strategic vision to enhance brand engagement and customer experience, the company is developing an advanced LED TV-based "Experience Centre". This initiative leverages high-definition display technology, personalized content delivery, and interactive features to create immersive environments that showcase our products, services, and innovations in a dynamic, visually impactful way. By integrating smart connectivity and AI-powered systems, we aim to not only elevate the visitor journey but also reinforce our commitment to cutting-edge solutions and forward-thinking brand storytelling. This development aligns with our broader goals of market leadership and deeper customer connection.

Education and Corporate Digitization: Dual Engines of Growth

"titanview" ; is significantly enhancing the quality of classroom delivery and student engagement, especially in Tier 2/3 towns and under-resourced regions. The vivid 4K displays, multilingual content capability, and AI- powered interactivity are replacing outdated technologies like projectors and blackboards. The all-in-one

design eliminates the need for separate speakers, laptops, or microphones—making it a cost- effective and future-ready solution.

In the corporate segment, "titanview" is becoming integral to digital boardrooms and hybrid training setups, offering video conferencing with add-ons like AI-enabled noise-cancelling microphones, Zoom-integrated cameras, and wireless connectivity—all from a single plug-and-play device.

Market Landscape and Strategic Positioning

• The global interactive display market is growing at 7.5-10.4% CAGR, with India expected to lead in adoption through public and private sector digitization.

• Panel price correction (20% drop from 2019-24) has increased affordability, especially for 75"-86" high- resolution displays.

• Titan Intech is already leveraging this trend through OEM/ODM strategies, aligning with the "Make in India" initiative.

• Our 3D- ready Mini LED and Mini LED- backlight variants will further enhance our competitive edge in the months to come.

ii) Titan Intech is developing a next-generation immersive education platform

Integrating 3D content development, AI-enabled embedded systems, and multi-format 2D & 3D display hardware. The project targets engineering, vocational (ITI, Diploma), medical, science, and intermediate education sectors.

Core Technologies:

• Passive Polarized 3D Interactive Whiteboards (LCD/LED)

• AR/VR Learning Modules with custom hardware-software stacks

• Glasses- Free Light Field 3D Displays (Naked-Eye 3D)

• AI-powered gesture control & interactive simulations

• Curriculum-aligned 3D asset libraries for 10+ engineering disciplines

• Multi-size Educational Displays (40"- 136") for classrooms, labs, and auditoriums

• Full IT and cloud ecosystem integration for hybrid learning

Current Market Position & Pilot Success

• Successfully deployed pilot at MIC College of Technology:

• 16 screens (15x86" 2D LED whiteboards; 1x136" Micro-LED 3D with active shutter)

• Outcomes: 25% rise in student engagement, enhanced teaching efficiency, strong faculty and student satisfaction (300+ students, 15 faculty feedback)

• Skill India/NSDC empanelment in progress for national skilling certifications

• Positioned to scale into Tier-2/Tier-3 institutions, offering inclusive access

c) Internal Control Systems and their Adequacy

The management has designed internal control systems commensurate with the size and complexity of the business. These systems have been designed to provide reasonable assurance with respect to recording and providing reliable financial and operational information, complying with applicable statues, safeguarding its assets from unauthorized use or losses, executing transactions with proper authorization, prevention and detection of fraud and compliance with policies and procedures.

The Audit Committee reviews internal audit reports submitted by the internal auditors. The action taken is also reviewed for implementation of the suggested corrective actions. The Audit Committee also meets the statutory auditors to ascertain their views on the adequacy of internal control systems

d) Human Resources Development and Industrial Relations

The Company believes that the quality of its employees is the key to its success in the long run and is committed to provide necessary human resource development.

Industrial relations during the year were cordial and the Company is committed to maintain the same in future.

e) Outlook

India can gain significantly by the adoption of AI technology. Most of the applications developed elsewhere in the world can be developed in India as well. India has a unique opportunity to apply the technology to solve some of its biggest problems such as shortage of healthcare facility, low quality of education, etc. It is not possible to meet the target of providing good healthcare or quality education using conventional methods.