Crizac Limited reported a 41% year-on-year increase in consolidated net profit to ₹2,191 Mn for the financial year ended March 31, 2026. Revenue from operations for the year grew to ₹10,711 Mn from ₹8,855 Mn in the previous year, driven by a 43% surge in applications processed. The company's EBITDA margin expanded by 172 basis points to 27.1% for FY26, reflecting improved operational efficiency. The board approved the audited results at a meeting held on May 25, 2026.

Consolidated Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹750 Mn, compared to ₹499 Mn in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹3,986 Mn, up from ₹3,475 Mn in Q4 FY25. Total income for the quarter rose to ₹3,986 Mn. The statutory auditors, M/s. Singhi & Co. Chartered Accountants, issued an unmodified opinion on the financial results.

The table below summarises the key consolidated financial metrics for the quarter and full year:

Operational Highlights

Crizac processed 3.94 lakh applications during FY26, representing a year-on-year growth of 43.0%. The number of active agents grew by 36.5% to 5,389, while enrollments reached 24,697, a 13.8% increase over the previous year. The company added 50+ partner universities and 3 destination countries during the fiscal year. Its global footprint spans 85+ source countries and 11 destination countries, with an operational presence in 10 countries.

Corporate Developments

During the year, the company acquired a 51.04% stake in Global Tree Careers Private Limited and a 51% stake in Studies Planet.com Limited. The board also declared an interim dividend of ₹8.00 per equity share for the financial year ended March 31, 2026. The company filed an investor presentation regarding these results with the exchanges on May 25, 2026. The audited financial results were published in the Financial Express and Arthik Lipi on May 26, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Crizac Limited reported a 22.7% year-on-year increase in revenue from operations to ₹10,422 million for the fiscal year ended March 31, 2026. The company processed 3.94 lakh applications during FY26, a 43% increase, supported by an active agent base that expanded 36% to 5,389 agents. Net profit for the year stood at ₹2,191 million, reflecting a growth of 41% with a margin of 20.5%. The company remains debt-free with a net cash position of ₹4,674 million as of March 31, 2026.

Financial Performance

For the fourth quarter, revenue from operations grew 15% year-on-year and 40.6% quarter-on-quarter to ₹3,917 million. EBITDA for Q4 FY26 rose 42.8% to ₹939 million, with margins expanding by 467 basis points to 24%. PAT for the quarter increased 50% to ₹750 million at a margin of 18.8%. The company maintains a net debt-to-equity ratio of (0.91) and an ROCE of 48.6% for the year.

Strategic Developments

FY26 was marked by significant inorganic activity. In October 2025, the company acquired StudiesPlanet to enter the Latin American market. In January 2026, it acquired a 51% stake in Global Tree Careers Private Limited to extend its reach into B2C counseling and immigration services. Additionally, the company committed USD 2.5 million to the EduMentor project, an AI-driven platform for student matching, and operationalized its New Zealand business in April 2026. The company added 50 partner universities and 10 source countries during the year.

Outlook and Guidance

The Board declared a dividend of ₹8 per equity share for Q4 FY26, representing a payout of approximately 64%. Management noted that while geopolitical factors and visa policy changes in markets like Canada and the US present headwinds, aggregate demand for international education remains robust. The company is targeting a reduction in the UK's contribution to total revenue from current levels to below 60% over the next two years as it expands into Australia, New Zealand, and other markets. Specific revenue guidance for FY27 will be provided in the next quarter.