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 ₹ 5,179 Cr.
- Current Price ₹ 296
- High / Low ₹ 388 / 270
- Stock P/E 28.6
- Book Value ₹ 34.3
- Dividend Yield 0.00 %
- ROCE 47.9 %
- ROE 36.2 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.4%
Cons
- Stock is trading at 8.75 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 82.2 to 110 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.
Peer comparison
Consumer Discretionary Consumer Services Retailing Internet & Catalogue Retail
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 111 | 264 | 473 | 530 | 849 | |
| 84 | 175 | 366 | 384 | 637 | |
| Operating Profit | 27 | 89 | 107 | 147 | 213 |
| OPM % | 25% | 34% | 23% | 28% | 25% |
| 1 | 3 | 45 | 54 | 35 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 2 | 13 | 46 |
| Profit before tax | 28 | 91 | 150 | 187 | 202 |
| Tax % | 26% | 25% | 25% | 37% | 24% |
| 21 | 68 | 112 | 118 | 153 | |
| EPS in Rs | 10,366.34 | 67.77 | 112.15 | 6.74 | 8.74 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 60% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 36% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 10 | 10 | 35 | 35 | 35 |
| Reserves | 37 | 98 | 213 | 304 | 468 | 565 |
| 1 | 0 | 0 | 0 | 0 | 0 | |
| 52 | 65 | 83 | 252 | 374 | 184 | |
| Total Liabilities | 90 | 172 | 307 | 591 | 878 | 784 |
| 27 | 27 | 26 | 128 | 93 | 81 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18 | 67 | 106 | 143 | 38 | 38 |
| 45 | 79 | 175 | 319 | 747 | 665 | |
| Total Assets | 90 | 172 | 307 | 591 | 878 | 784 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 101 | 187 | ||||
| -67 | -149 | ||||
| -0 | -0 | ||||
| Net Cash Flow | 35 | 39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 128 | 43 | 21 | 116 | 110 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 128 | 43 | 21 | 116 | 110 |
| Working Capital Days | -33 | -25 | -10 | -33 | -34 |
| ROCE % | 123% | 90% | 93% | 48% |
Documents
Announcements
-
Intimation Regarding The Appointment And Resignation Of A Director On The Board Of A Foreign Unlisted Material Subsidiary Company.
30 Oct - Crizac Ltd (UK): Christopher Flood Nagle appointed director; Gaurav Agarwal resigned, effective 30 October 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Oct - Oct 24, 2025: Crizac (UK) to acquire controlling stake in StudiesPlanet.com (UK), expanding into Latin America.
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Announcement under Regulation 30 (LODR)-Acquisition
24 Oct - Crizac Ltd’s subsidiary acquired 51% of Studies Planet.Com Ltd; cash consideration; completion by March 31, 2026.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 Oct - Crizac Limited has informed about the transcript of the Conference call held on October 16, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Oct - Newspaper Publication for Unaudited Financial Results (Standalone & Consolidated) for the Quarter & Half Year ended 30.09.2025
Concalls
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Oct 2025Transcript PPT
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Oct 2025TranscriptNotesPPT 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.