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 ₹ 2,736 Cr.
- Current Price ₹ 156
- High / Low ₹ 333 / 150
- Stock P/E 12.4
- Book Value ₹ 33.4
- Dividend Yield 5.12 %
- ROCE 52.3 %
- ROE 40.3 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 5.12%.
- Company has delivered good profit growth of 60.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 43.1%
Cons
* 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
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 111 | 264 | 473 | 530 | 849 | 1,042 | 1,034 | |
| 84 | 175 | 366 | 385 | 635 | 756 | 748 | |
| Operating Profit | 27 | 89 | 107 | 145 | 215 | 286 | 286 |
| OPM % | 25% | 34% | 23% | 27% | 25% | 27% | 28% |
| 1 | 3 | 45 | 53 | 36 | 29 | 29 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 2 | 13 | 46 | 27 | 24 |
| Profit before tax | 28 | 91 | 150 | 184 | 205 | 287 | 290 |
| Tax % | 26% | 25% | 25% | 37% | 24% | 24% | |
| 21 | 68 | 112 | 116 | 155 | 219 | 220 | |
| EPS in Rs | 1.20 | 3.87 | 6.41 | 6.62 | 8.86 | 12.52 | 12.59 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 64% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 30% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 60% |
| 3 Years: | 25% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -51% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 48% |
| 3 Years: | 43% |
| Last Year: | 40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 10 | 10 | 35 | 35 | 35 |
| Reserves | 37 | 98 | 213 | 302 | 468 | 550 |
| 1 | 0 | 0 | 0 | 0 | 2 | |
| 52 | 65 | 83 | 251 | 374 | 289 | |
| Total Liabilities | 90 | 172 | 307 | 588 | 878 | 876 |
| 27 | 27 | 26 | 128 | 93 | 120 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18 | 67 | 106 | 143 | 38 | 31 |
| 45 | 79 | 175 | 317 | 747 | 724 | |
| Total Assets | 90 | 172 | 307 | 588 | 878 | 876 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 114 | 184 | 144 | ||||
| -79 | -145 | 54 | ||||
| -0 | -0 | -151 | ||||
| Net Cash Flow | 35 | 39 | 47 | |||
| Free Cash Flow | -7 | 179 | 127 | |||
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 111% | 120% | 76% |
Ratios
Consolidated / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 128 | 43 | 21 | 116 | 110 | 84 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 128 | 43 | 21 | 116 | 110 | 84 |
| Working Capital Days | -33 | -25 | -10 | -35 | 23 | 48 |
| ROCE % | 123% | 90% | 93% | 49% | 52% |
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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| UK Study Visa Market Share % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Crizac launches Partner Growth Program offering marketing support, counsellor certification, and branding for 17,400+ partners.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Crizac received Regulation 74(5) certificate for quarter ended September 30, 2026; no demat/remat requests received.
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Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 and half-year results.
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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
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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.
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.