Education company Crizac announced Q1FY27 results Consolidated Financial Highlights: Total Income: The consolidated total income for Q1FY27 stood at Rs 20,843.11 lakh, representing a decrease of 47.70% from Rs 39,856.70 lakh in Q4FY26 and a decline of 4.04% compared to Rs 21,720.55 lakh in Q1FY26. Revenue from Operations: Revenue for Q1FY27 was Rs 20,121.32 lakh, down 48.63% from Rs 39,173.42 lakh in Q4FY26 and down 3.97% from Rs 20,953.53 lakh in Q1FY26. Net Profit after Tax: The company reported a net profit of Rs 4,616.56 lakh in Q1FY27, which is a decrease of 38.03% compared to Rs 7,450.11 lakh in Q4FY26, but a slight increase of 0.77% compared to Rs 4,581.25 lakh in Q1FY26. Total Comprehensive Income: For Q1FY27, the total comprehensive income was Rs 5,113.62 lakh, marking a 31.86% decrease from Rs 7,504.91 lakh in Q4FY26 and a 12.42% increase from Rs 4,548.64 lakh in Q1FY26. Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 was Rs 2.69, compared to Rs 4.29 in Q4FY26 and Rs 2.62 in Q1FY26. Standalone Financial Highlights: Total Income: Standalone total income for Q1FY27 was Rs 8,836.85 lakh, showing an increase of 18.43% from Rs 7,461.74 lakh in Q4FY26 and up 19.30% from Rs 7,407.10 lakh in Q1FY26. Revenue from Operations: Standalone revenue stood at Rs 8,201.07 lakh in Q1FY27, reflecting a growth of 20.08% from Rs 6,829.51 lakh in Q4FY26 and 23.01% from Rs 6,666.83 lakh in Q1FY26. Net Profit after Tax: Net profit for the quarter was Rs 5,286.25 lakh, a growth of 40.45% from Rs 3,763.74 lakh in Q4FY26 and 28.80% from Rs 4,104.27 lakh in Q1FY26. Total Comprehensive Income: The total comprehensive income for Q1FY27 was Rs 5,766.45 lakh, up 59.95% from Rs 3,605.17 lakh in Q4FY26 and up 43.30% from Rs 4,024.04 lakh in Q1FY26. Earnings Per Share (EPS): Standalone Basic and Diluted EPS for Q1FY27 stood at Rs 3.02 compared to Rs 2.15 in Q4FY26 and Rs 2.35 in Q1FY26. Business Highlights: Segment Performance: The Group is primarily engaged in the business of "International Student Recruitment". There is no separate reportable segment as per Ind AS 108 - Operating Segments. Seasonality of Business: The business of International Student Recruitment is seasonal in nature. Consequently, the results vary from quarter to quarter and results for the current quarter are not representative of the annual results. Overseas Acquisition: Subsequent to Q1FY27, the company's wholly owned subsidiary, Crizac Ltd UK, entered into an agreement to acquire 100% equity share capital of Inova Consultancy Limited for a cash consideration of £742,378. The acquisition is intended to strengthen the Group's international education recruitment business and expand presence in new destination markets. Change in Accounting Estimate: Effective April 1, 2026, the company changed its method of depreciation and amortization from the Written Down Value (WDV) method to the Straight Line Method (SLM). This change resulted in the depreciation and amortization expense for Q1FY27 being lower by Rs 125.20 lakh. Leadership and Board Changes: Dr. Vikash Agarwal ceased to hold the position of Chairperson with effect from the closure of business hours on August 3, 2026, and continues as Managing Director. Mr. Christopher Flood Nagle was appointed as an Additional Director and Chairman of the Company effective August 4, 2026. Mr. Rituparno Sarkar was appointed as the Chief Technology Officer (SMP) effective August 3, 2026, following the cessation of Mr. Sibendu Roy from the same position. Mr. Nikhil Jain was appointed as the Chief Product and Marketing Officer (SMP) effective August 3, 2026, following the cessation of Ms. Salaria Zaheer. Mr. Dishant Kharbanda was appointed as the Chief Innovation Officer (SMP) effective August 3, 2026. Ms. Anindita Das (Chief Business Officer) ceased to be recognized as Senior Management Personnel (SMP) effective August 2, 2026, due to a revision in the company's management structure. Result PDF
Education company Crizac announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income: Stood at Rs 39,856.70 lakh for Q4FY26, and Rs 107,111.84 lakh for FY26. Net Profit: Stood at Rs 7,504.91 lakh for Q4FY26, and Rs 21,679.52 lakh for FY26. Earnings Per Share (EPS): Basic and diluted EPS stood at Rs Rs 4.29 for Q4FY26, and Rs 12.52 for FY26. Standalone Financial Highlights: Total Income: Stood at Rs 7,451.74 lakh for Q4FY26, and Rs 29,435.06 lakh for FY26. Net Profit: Stood at Rs 3,605.17 lakh for Q4FY26, and Rs 16,046.87 lakh for FY26. Earnings Per Share (EPS): Basic and diluted EPS stood at Rs 2.15 for Q4FY26, and Rs 9.54 for FY26. Business Highlights: Business Segment: The Group is primarily engaged in the business of "International Student Recruitment". There are no separate reportable segments. Acquisitions: Global Tree Careers Private Limited (GTCPL): During Q4FY26, the company acquired a 51.04% stake in GTCPL. Studies Planet.com Limited (SPL): Pursuant to an agreement dated October 23, 2025, the company acquired a 51.00% stake in SPL through its wholly-owned subsidiary, Crizac Ltd UK. Dividends: During the year ended March 31, 2026, the Board of Directors declared an interim dividend of Rs 8.00 per equity share (face value Rs 2 each). The total cash outflow for this dividend was Rs 13,998.60 lakhs. Auditor Appointment: The Board appointed M/s Grant Thornton Bharat LLP as the Internal Auditor of the Company for the FY27. Vikash Agarwal, Chairman & Managing Director, Crizac, said: “FY26 was a year of strong progress for Crizac Limited, underpinned by effective execution across organic and inorganic growth initiatives. Total Income for the year stood at Rs 10,711 million, reflecting YoY growth of 21.0%. For the fourth quarter, Total Income stood at Rs 3,986 million, growing 14.7% YoY and 39.6% QoQ. This performance was driven by 43.0% YoY growth in applications processed, 36.5% YoY growth in active agents, and 13.8% growth in student enrolments, reflecting sustained operating momentum across our global education platform. We deepened our footprint across established destination markets while driving meaningful growth in application volumes and agent engagement across Asia, Africa, and other high-potential source regions. Our expanding agent network and institutional partnerships continue to reinforce the scalability and network effects inherent to our platform model. Inorganically, this was a year of concentrated strategic activity. In October 2025, we acquired Studies Planet, opening the LATAM market as a new source region. In January 2026, we acquired a 51% stake in Global Tree Careers, strengthening domestic origination and broadening our B2C service portfolio. In March 2026, we committed USD 2.5 million to Edumentor project, advancing our Al-driven student matching capabilities. Continuing this expansion momentum, we scaled our New Zealand vertical through onboarding of the Medway Educational Consultants team, deepening our destination market presence. With four strategic transactions completed during the year, our pace of inorganic activity is visibly accelerating. These moves reflect our delib erate strategy of using acquisitions to compress timelines for geographic entry and capability build-out. We remain actively engaged in evaluating opportunities across both new and existing geographies, targeting assets that enhance scale, technology, or market access. EBITDA for FY26 stood at Rs 2,824 million, reflecting YoY growth of 31.0%. EBITDA margin expanded by 172 bps to 27.1%, demonstrating the operating leverage inherent in our business model. EBITDA for Q4FY26 stood at Rs 939 million, reflecting YoY growth of 42.8% with margin expanding by 467 bps to 24.0%. PAT for FY26 stood at Rs 2,191 million, a YoY growth of 41.4%, with a PAT margin of 20.5%. For Q4FY26, PAT stood at Rs 750 million, a YoY growth of 50.3%, with a PAT margin of 18.8%, supported by the scalable and asset-light nature of our operating model. The Board declared a dividend of Rs 8 per equity share during Q4FY26, representing a payout ratio of approximately 64%, reflecting confidence in the Company's financial strength and continued ability to generate sustainable cash flows. Global student mobility is navigating a dynamic environment, with evolving visa policies, geopolitical disruptions in certain regions, and the strengthening of the US Dollar and Pound Sterling adding to the cost burden for students from emerging source markets. Notwithstanding these near-term headwinds, long-term structural demand for quality international education remains strong, underpinned by growing aspirations across our core source markets. We are well-positioned to capture this opportunity through our diversified geographic presence, platform scalability, and continued focus on resilient organic as well as inorganic growth." Result PDF
Education company Crizac announced Q3FY26 results Revenue: Rs 27,863.6 lakh against Rs 21,766.99 lakh during Q3FY25, change 28%. PBT: Rs 6,735.36 lakh against Rs 5,997.46 lakh during Q3FY25, change 12%. PAT: Rs 5,052.77 lakh against Rs 4,329.47 lakh during Q3FY25, change 17%. EPS: 2.85 for Q3FY26. Result PDF