Crizac Limited has released its Integrated Annual Report for FY 2025-26, alongside the Notice of its 15th Annual General Meeting scheduled for Friday, September 11, 2026, at 1:00 p.m. through Video Conferencing or Other Audio Visual Means. The company reported its strongest financial performance since inception, with consolidated revenue from operations rising 22.68% year-on-year to ₹1,042.16 crore and profit after tax growing 41.42% to ₹219.18 crore.

Financial Performance

The company delivered profitable growth across both standalone and consolidated operations during FY 2025-26. The following table summarises the consolidated financial results:

On a standalone basis, the company recorded a gross turnover of ₹266.58 crore in FY 2025-26, representing growth of 42.61% compared to ₹186.93 crore in FY 2024-25. Standalone profit before tax increased 56.38% to ₹224.10 crore, while profit after tax rose 52.82% to ₹166.85 crore.

Key Financial Ratios

The following key financial ratios were reported on a consolidated basis for FY 2025-26:

IPO and Listing Milestone

FY 2025-26 marked a transformational year with the company's successful listing on the main boards of NSE and BSE. The Initial Public Offering had an issue size of ₹860 crore and a price band of ₹233 to ₹245 per share. The issue was subscribed 62.89 times overall, including subscriptions of 141.27 times by Qualified Institutional Buyers, 80.07 times by Non-Institutional Investors and 10.74 times by Retail Individual Investors. The equity shares were listed on July 9, 2025.

The IPO comprised solely an offer for sale of 3,51,02,040 equity shares by existing shareholders aggregating to ₹86,000.00 lakhs. As the company did not issue fresh shares, no proceeds from the IPO were received by the company.

Dividend and Capital Allocation

The Board of Directors declared an interim dividend of ₹8 per equity share of face value ₹2 each at its meeting held on January 28, 2026. The total dividend payout amounted to ₹1,39,98,60,000. The dividend was paid on February 13, 2026 to shareholders on record as of February 4, 2026, representing a payout of approximately 64% of profit after tax.

As at March 31, 2026, total borrowings stood at only ₹175.49 lakhs. The company maintained a net cash position of approximately ₹46,740 lakhs, inclusive of cash, bank balances and fixed deposits held across maturities. Net cash generated from operating activities amounted to ₹14,413.68 lakhs.

Strategic Acquisitions and Business Expansion

During FY 2025-26, the company completed several strategic acquisitions and capability-building initiatives:

• Acquired a 51.04% stake in Global Tree Careers Private Limited, a B2C-focused player in overseas education and immigration consultancy with a strong brand presence in Telangana and Andhra Pradesh, for a total consideration comprising ₹1,109.93 lakhs paid to existing shareholders and ₹1,000.22 lakhs subscribed towards fresh equity shares.
• Crizac Ltd (UK), the wholly owned subsidiary, acquired a 51% equity stake in StudiesPlanet.com Limited, England, opening the Latin American corridor.
• Incorporated Ucol Fze, a wholly owned UAE subsidiary, on March 18, 2025.
• Committed USD 2.5 million towards the five-year EduMentor programme to develop an AI-powered student counselling, mentorship and university-matching platform.
• Onboarded the Medway Educational Consultant team, strengthening New Zealand operations.

Student applications increased 43% over the previous year, with enrolments rising 13.8% year-on-year to 24,697. The active counselling partners base expanded 36% during FY 2025-26, with 15,980+ registered counselling partners including 5,389 active partners. The company processed approximately 3.94 lakh student applications across 400+ university partnerships, with recruitment originating from 85+ source countries.

Foreign Exchange Earnings and Outgo

Subsidiary Financial Highlights

Brief financial details of subsidiaries as reported in AOC-1 (in Rs. in Million):

Corporate Social Responsibility

During FY 2025-26, the company spent ₹2,59,82,467 on CSR activities. The total CSR obligation for the financial year was ₹2,59,82,467, with the average net profit under Section 135(5) standing at ₹1,57,58,64,333. CSR spending was directed to the Gyan Bharti Educational Trust for promoting education.

AGM Details and E-Voting Schedule

The 15th Annual General Meeting will be held on Friday, September 11, 2026, at 1:00 p.m. through Video Conferencing or Other Audio Visual Means. Key dates are as follows:

The AGM agenda includes adoption of standalone and consolidated financial statements for FY 2025-26, re-appointment of Mr. Manish Agarwal as director retiring by rotation, appointment of Mr. Christopher Flood Nagle as Non-Executive Non-Independent Director, and re-appointment of Mr. Anuj Saraswat and Ms. Payal Bafna as Independent Directors for second terms of three consecutive years each. The Annual Report and AGM Notice are available on the company's website and have been sent electronically to members whose email addresses are registered with the company or depositories.

Crizac Limited has delayed the completion of its proposed acquisition of Edument Consultancy Private Limited, pushing the expected closing date to October 12, 2026. The education technology firm stated that while the underlying transaction terms remain unchanged, requisite formalities are still being fulfilled, requiring an additional two months beyond the previous timeline. This update was disclosed to the National Stock Exchange of India Ltd and BSE Limited on August 11, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The proposed transaction involves the acquisition of Compulsory Convertible Preference shares and Compulsory Convertible Debentures of Edument Consultancy Private Limited. Crizac Limited had previously disclosed the proposal on June 15, 2026. The current filing clarifies that the delay is procedural in nature, aimed at completing documentation and other closing formalities. No changes have been made to the consideration amount or other material terms of the deal.

Transaction Timeline Update

The revised timeline reflects the time required to finalize legal and regulatory documentation. Investors should note that the completion date is now set for October 12, 2026.

Regulatory Compliance

The disclosure was signed by Kashish Arora, Company Secretary and Compliance Officer at Crizac Limited. The company affirmed that it will continue to make further disclosures to the Stock Exchanges regarding any material developments in relation to the proposed acquisition, as required under the applicable provisions of the SEBI LODR Regulations. The filing ensures transparency for shareholders regarding the status of this strategic move into the consultancy sector.