Unisem Agritech Ltd Management Discussions

The Board of Directors of Unisem Agritech Limited (the Company) is pleased to present the Management Discussion and Analysis Report for the Financial Year ended March 31, 2026.

1. INDUSTRY STRUCTURE AND DEVELOPMENTS

India continues to remain one of the largest agricultural economies in the world with agriculture contributing significantly towards employment generation, food security and rural development. The Indian agriculture sector is witnessing gradual transformation through improved mechanization, adoption of modern farming techniques, quality seeds, crop protection products, irrigation systems and increasing awareness among farmers regarding productivity enhancement.

The Government of India has continued to focus on strengthening the agriculture ecosystem through various reforms, policy support, rural infrastructure development, digitization initiatives and schemes aimed at improving agricultural productivity and farmers income.

The Indian hybrid seed market and agritech Industry in India is evolving rapidly with growing emphasis on:

quality agricultural inputs; sustainable farming practices; increasing adoption of hybrid seeds;

Growth in vegetable and field crop seeds

rising demand for high-yield and climate-resilient varieties; efficient supply chain management; farmer awareness and education;

Government emphasis on food security; technology-driven agricultural solutions; and improved distribution networks.

The Company continues to operate in a competitive yet growth-oriented business environment and remains focused on strengthening its market presence through quality products, customer relationships and operational efficiencies.

2. BUSINESS OVERVIEW

Unisem Agritech Limited is engaged in the business of agricultural and allied products with focus on delivering quality solutions to farmers and agri-business stakeholders.

The Company continues to emphasize:

Research & product development;

Hybrid field crop seeds;

strengthening product portfolio; expanding geographical reach; improving operational efficiency; distribution network across states; enhancing customer satisfaction;

strengthening dealer and distributor network; and

ensuring compliance-driven business operations.

During the Financial Year 2025-26, the Company continued its efforts towards business expansion, operational streamlining and improving organizational systems following the listing of its securities on the SME platform of BSE Limited.

3. FINANCIAL PERFORMANCE

The financial performance of the Company for the Financial Year ended March 31, 2026 is summarized below:

Particulars	FY 2025-26	FY 2024-25
Revenue from Operations	8103.38	6907.75
Other Income	3.95	-
Total Income	8107.33	6907.75
Profit Before Tax	711.25	571.62
Profit After Tax	529.65	427.41

During the year under review, the Company focused on maintaining operational stability, strengthening internal controls and improving business processes.

4. OPPORTUNITIES AND OUTLOOK

The Indian agriculture and agritech sector offer significant growth opportunities due to increasing demand for agricultural productivity, modernization of farming practices and expanding rural markets.

The Company expects long-term growth opportunities arising from:

increasing awareness among farmers regarding quality agricultural products; growing adoption of scientific farming techniques; expansion in rural and semi-urban agricultural markets; government initiatives supporting agriculture and allied sectors; improved market penetration; strengthening distribution channels; and increasing focus on sustainable agriculture.

The Company intends to continue focusing on: expanding market reach; strengthening customer relationships; improving operational efficiencies; enhancing supply chain capabilities; maintaining product quality standards; and exploring strategic growth opportunities.

The management remains optimistic about the long-term growth prospects of the Company.

5. THREATS, RISKS AND CONCERNS

Like any business operating in the agriculture and allied sector, the Company is exposed to certain risks and uncertainties which may affect business performance.

Key risks include:

fluctuations in agricultural demand;

climatic and seasonal uncertainties;

changes in government regulations and policies; competitive market conditions; supply chain disruptions; inflationary pressures and input cost fluctuations; working capital and receivable risks; and changing customer preferences.

The Company continuously monitors these risks and undertakes appropriate measures to minimize their impact through:

robust internal controls;

disciplined operational management;

diversified business approach;

strengthening customer and dealer relationships; and

regular review of business strategies.

6. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has adequate internal control systems commensurate with the size, scale and nature of its business.

The internal control framework is designed to ensure:

safeguarding of assets;

accuracy and reliability of financial records; compliance with applicable laws and regulations; prevention and detection of frauds and errors; operational efficiency; and

timely reporting of financial and operational information.

The Company has appointed Internal Auditors who periodically review the adequacy and effectiveness of internal controls and submit their observations to the Audit Committee.

The Audit Committee regularly reviews the internal audit findings, recommendations and corrective actions taken by the management.

7. HUMAN RESOURCES AND INDUSTRIAL RELATIONS

The Company considers its employees as valuable assets and continues to focus on creating a positive and professional work environment.

The Company emphasizes: employee engagement; skill development; performance management; professional growth; ethical work culture; and

compliance with workplace policies.

Industrial relations during the year remained cordial and harmonious.

The Company had 156 permanent employees on its rolls as on March 31, 2026.

8. SEGMENT-WISE PERFORMANCE

The Company is primarily engaged in the business of agricultural and allied products and operates in a single segment. Accordingly, segment-wise reporting is not applicable.

9. DETAILS OF SIGNIFICANT CHANGES IN KEY FINANCIAL RATIOS

The significant changes in key financial ratios, wherever applicable, are explained in the notes forming part of the Financial Statements.

10. MATERIAL DEVELOPMENTS IN HUMAN RESOURCES / INDUSTRIAL RELATIONS FRONT

The Company continues to strengthen its organizational structure and management systems in line with business growth and regulatory requirements.

The Company remains committed towards maintaining healthy employee relations and providing a safe, transparent and growth-oriented working environment.

11. RESEARCH & DEVELOPMENT

Key breeding objectives of Unisem Agritech Ltd:

Drought, pest and disease tolerance

High yields with seasonal and geographical adaptability

Enhanced nutritional value

Alignment with market and end user preferences

Solutions that address farmers needs

12. CORPORATE SOCIAL RESPONSIBILITY (CSR)

Pursuant to Section 135 of the Companies Act, 2013, the Company has adopted a CSR Policy and constituted a CSR Committee. CSR initiatives undertaken during the year focused on approved projects for community and social development.

12. CAUTIONARY STATEMENT

Statements in this Management Discussion and Analysis Report describing the Companys objectives, projections, estimates, expectations or predictions may be forward-looking statements within the meaning of applicable laws and regulations.

Actual results may differ materially from those expressed or implied depending upon economic conditions, government policies, market conditions and other incidental factors.

The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements based on subsequent developments, information or events.

For and on behalf of the Board of Directors of
Unisem Agritech Limited
Sd/-	Sd/-
Mr. H. N. Devakumar	Mr. Dharanendra H Gouda
Managing Director	Whole-Time Director
DIN: 07586484	Din: 07602434
Date: 25th May, 2026
Place: Ranebennur