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Crizac Reports Strong Full-Year Growth and Profit
Crizac Limited has released its financial results for the fourth quarter and the full fiscal year ending March 31, 2026. The company posted a significant year-on-year increase in both revenue and net profit.
FY26 Performance Highlights
For the full fiscal year FY26, Crizac's revenue from operations reached ₹1,042.2 crore, marking a 22.7% increase compared to the previous year. Net profit, also known as profit after tax (PAT), surged by 41.4% to ₹219.1 crore. In the fourth quarter of FY26, revenue was reported at ₹391.7 crore, with a net profit of ₹75 crore.
Driving Factors and Shareholder Returns
This robust financial performance is attributed to Crizac's successful growth strategies, including strategic acquisitions and improved operational efficiency. The substantial increase in net profit, alongside expanding profit margins, underscores the profitability and scalability of its B2B education services platform. The proposed dividend of ₹8 per equity share demonstrates the company's strong cash flow generation and its commitment to rewarding shareholders.
Strategic Expansion and Financial Strength
During FY26, Crizac expanded its global B2B education services platform through key acquisitions like Studies Planet and a 51% stake in Global Tree Careers. The company processed 3.94 lakh applications and increased its active agents by 36.5% to 5,389. Crizac maintains a strong financial position with an asset-light model, low working capital requirements, and zero net debt as of March 2026.
Governance and Future Outlook
Grant Thornton Bharat LLP has been appointed as the internal auditor, indicating a focus on strengthening governance and compliance. The company's ability to scale operations while maintaining profitability suggests a positive outlook.
Potential Risks
Management has identified potential macro challenges that could affect future operations. These include shifts in global visa policies and currency fluctuations, which could impact international student mobility and associated costs.
Key Financial Metrics for FY26
- Revenue from Operations: ₹1,042.2 crore (up 22.7% YoY from ₹849.5 crore in FY25)
- EBITDA: ₹282.4 crore (up 31.0% YoY)
- Net Profit (PAT): ₹219.1 crore (up 41.4% YoY from ₹155 crore in FY25)
- Diluted EPS: ₹12.52
- EBITDA Margin: Improved to 27.1% (from 25.4% in FY25)
- Net Profit Margin: Rose to 20.5% (from 17.5% in FY25)
What to Watch Next
Investors will be closely watching Crizac's progress on its growth initiatives and the impact of global visa regulations and currency trends on student flows. Continued improvement in margins and effective operational management will be key indicators in the coming quarters.