Titan Intech Ltd Management Discussions

ANNEXURE-VI

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 "UltraLED"

UltraLED Displays stands at the forefront of Indias professional LED display revolution, a brand built to redefine how the world sees and experiences visual technology. With a deep commitment to design precision, intelligent engineering, and Made-in-India innovation, we create world-class display solutions that empower industries and inspire progress. Backed by the technological legacy of Titan Intech Limited, a public listed enterprise with four decades of innovation, UltraLED Displays carries forward a heritage of trust, performance, and excellence, now focused on leading the future of visual brilliance.

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

UltraLED Display in Education and Corporate Digitization

UltraLED Displays is transforming the way educational institutions and corporate organizations communicate, collaborate, and engage through advanced LED display technology. By combining high-resolution visuals, intelligent display systems, and scalable digital solutions, UltraLED enables organizations to create more interactive, connected, and technology-driven environments.

In Education, UltraLED solutions can support:

Smart classrooms and digital learning environments. Large-format LED walls for enhanced teaching and presentations. Interactive visual content for students and faculty. Digital auditoriums, lecture halls, and seminar facilities. Campus-wide digital signage for announcements and information dissemination.Display systems for examinations, events, conferences, and institutional communication. Hybrid learning and remote collaboration through high-quality visual displays.

In Corporate Digitization, UltraLED enables organizations to modernize their workplaces through:

Corporate communication and digital information displays. Boardrooms, meeting rooms, and conference-room LED solutions. Command and control centres with real-time data visualization. Reception and lobby displays for corporate branding. Digital signage across offices, branches, and commercial facilities. Product launches, corporate events, exhibitions, and investor presentations. Centralized content management for multiple display locations.

Market Landscape and Strategic Positioning

The global interactive display market continues to expand strongly, supported by the rapid digitization of education, corporate workplaces, retail environments, and public infrastructure. Current industry estimates place the global interactive display market at approximately USD 59.8 billion in 2026, with a projected CAGR of around 9.7% through 2034. India is emerging as a high-growth market, with industry estimates indicating growth of approximately 13.8% CAGR between 2024 and 2029, driven by increasing adoption of smart classrooms, enterprise collaboration solutions, digital signage, and technology-enabled learning environments.

The affordability and accessibility of large-format displays are also improving as panel pricing becomes more competitive and manufacturing efficiencies increase. While panel prices have experienced cyclical movements, the broader long-term price trend has improved the commercial viability of large-format displays. In 2026, industry data indicates continued price pressure across larger LCD panels, including 75-inch and 85-inch segments, supporting wider adoption of high-resolution displays in education, corporate and institutional applications.

Titan Intech Limited, through its UltraLED brand, is positioned to capitalize on these structural market trends by combining OEM/ODM capabilities, domestic system integration and advanced display technologies in line with Indias growing emphasis on electronics manufacturing and the Make in India ecosystem. UltraLEDs strategy extends beyond conventional display hardware towards integrated solutions incorporating interactive functionality, AI-enabled features, cloud connectivity and immersive visualization. The companys focus on education and corporate digitization also aligns with the industrys shift from standalone display products towards complete digital learning and collaboration ecosystems.

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 and Solutions

UltraLED Displays is developing a comprehensive ecosystem of advanced display and immersive learning technologies designed to transform modern education and institutional digitization. Its core technology portfolio includes Passive Polarized 3D Interactive Whiteboards based on LCD/LED technology, enabling immersive and interactive classroom experiences; AR/VR learning modules supported by customized hardware-software stacks for experiential and application-based learning; and glasses-free Light Field 3D Displays (Naked-Eye 3D) that enable students to visualize complex concepts in three dimensions without specialized viewing equipment. UltraLED also integrates AI-powered gesture control and interactive simulations, enabling intuitive user interaction and dynamic content delivery. The platform is further supported by curriculum-aligned 3D asset libraries covering more than 10 engineering disciplines, providing institutions with specialized digital learning resources. UltraLED offers multi-size educational displays ranging from 40 inches to 136 inches, suitable for classrooms, laboratories, training centres, lecture halls, and auditoriums, along with a comprehensive IT and cloud ecosystem supporting centralized content management, connectivity, and hybrid learning environments.

Market Position and Pilot Success

UltraLED Displays has demonstrated the practical application and effectiveness of its technology through a successful pilot deployment at MIC College of Technology, comprising 16 display systems, including 15 units of 86-inch 2D LED interactive whiteboards and one 136-inch Micro-LED 3D display with active-shutter technology. The pilot has delivered encouraging outcomes, including an approximately 25% increase in student engagement, improved teaching efficiency, and strong satisfaction among both faculty and students, based on feedback from more than 300 students and 15 faculty members. These results demonstrate the potential of UltraLEDs technology to enhance classroom interaction, visualization, experiential learning, and overall teaching effectiveness.

UltraLED is also progressing towards Skill India/NSDC empanelment for supporting national-level skilling and certification initiatives, strengthening its potential role in Indias broader digital education and workforce-development ecosystem. With a scalable technology platform and a focus on accessible, high-quality digital learning infrastructure, UltraLED is positioned to expand its solutions across Tier-2 and Tier-3 educational institutions, helping bridge the technology and digital-learning gap and enabling more institutions and students to access immersive, interactive, and future-ready educational experiences.

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.

	For and on behalf of the Board of Titan Intech Limited
	Sd/-	Sd/-
Place: Hyderabad	Kumarraju Rudra Raju	V.L.V Narsimha Rao
Date: 01-09-2026	Managing Director	Wholetime Director
	(DIN: 00209775)	(DIN: 10565686)