Crizac Ltd
Incorporated in 2011, Crizac Ltd is an education platform that offers international student recruitment solutions to higher education
institutions in various countries[1]
- Market Cap ₹ 3,199 Cr.
- Current Price ₹ 183
- High / Low ₹ 333 / 160
- Stock P/E 17.9
- Book Value ₹ 31.7
- Dividend Yield 4.38 %
- ROCE 41.3 %
- ROE 30.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 4.38%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.0%
Cons
- Debtor days have increased from 87.4 to 109 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 29 | 120 | 274 | 344 | 187 | 267 | 282 | |
| 3 | 34 | 169 | 203 | 34 | 44 | 47 | |
| Operating Profit | 26 | 87 | 105 | 141 | 153 | 222 | 235 |
| OPM % | 91% | 72% | 38% | 41% | 82% | 83% | 83% |
| 1 | 3 | 45 | 128 | 36 | 28 | 27 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 2 | 13 | 45 | 26 | 23 |
| Profit before tax | 27 | 89 | 147 | 255 | 143 | 224 | 239 |
| Tax % | 26% | 25% | 25% | 26% | 24% | 26% | |
| 20 | 66 | 110 | 188 | 109 | 167 | 179 | |
| EPS in Rs | 9,920.79 | 66.17 | 110.12 | 10.72 | 6.24 | 9.54 | 10.20 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 84% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | -1% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | 15% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 35% |
| Last Year: | 31% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 10 | 10 | 35 | 35 | 35 |
| Reserves | 36 | 96 | 210 | 374 | 494 | 520 |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| 4 | 6 | 12 | 96 | 12 | 17 | |
| Total Liabilities | 41 | 112 | 232 | 505 | 541 | 572 |
| 22 | 22 | 22 | 128 | 83 | 73 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18 | 67 | 106 | 150 | 45 | 62 |
| 1 | 23 | 104 | 228 | 414 | 437 | |
| Total Assets | 41 | 112 | 232 | 505 | 541 | 572 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 20 | 57 | 77 | 69 | 140 | 116 | |
| -21 | -47 | -71 | -85 | -136 | 28 | |
| 0 | -0 | -0 | -0 | -0 | -140 | |
| Net Cash Flow | -0 | 10 | 5 | -16 | 4 | 3 |
| Free Cash Flow | -1 | 56 | 75 | -87 | 140 | 99 |
| CFO/OP | 103% | 93% | 107% | 82% | 129% | 80% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 0 | 138 | 16 | 109 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 0 | 0 | 0 | 138 | 16 | 109 |
| Working Capital Days | -5 | 30 | 41 | 70 | 329 | 326 |
| ROCE % | 125% | 90% | 81% | 30% | 41% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Student Applications Processed Number |
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| Active Agents Number |
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| India Share of Student Applications % |
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| Partner Universities (Global Institutions of Higher Education) Number |
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| UK Share of Revenue from Operations % |
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| Student Enrollments Number |
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Extracted by Screener AI
Documents
Announcements
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 and half-year results.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Intimation of Schedule of analyst/investor meet under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015
-
Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update To Earlier Disclosure Dated June 15, 2026
- On 17 Sep 2026, Crizac revised Edument investment to ₹1.237 crore after 107 CCPS withdrawal.
-
Announcement under Regulation 30 (LODR)-Change in Management
- AGM approved Christopher Flood Nagle’s appointment and reappointed Anuj Saraswat and Payal Bafna as directors.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT
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May 2026PPT
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Jan 2026Transcript PPT
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Oct 2025Transcript PPT
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Oct 2025PPT REC
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Aug 2025Transcript PPT REC
Business Overview:[1][2]
CL is a B2B education platform that connects recruitment agents with global higher education institutions. It specializes in international student recruitment for institutions in the UK, Canada, Ireland, Australia, and New Zealand. CL also offers marketing, brand management, and admission office services to support partner institutions.