Crizac has announced a dividend declaration of Rs 8 per share for its shareholders. This dividend announcement represents a significant distribution to the company's equity holders.

Dividend Declaration Details

The company has declared a dividend payment that will provide direct cash returns to shareholders. The dividend distribution reflects the company's financial position and its commitment to sharing profits with investors.

Shareholder Impact

This dividend declaration will benefit all eligible shareholders of Crizac. The Rs 8 per share payment represents a direct return on investment for equity holders. Shareholders who are on the company's records as of the record date will be entitled to receive this dividend payment.

The dividend announcement demonstrates the company's focus on delivering value to its investor base through regular cash distributions. This payment will provide immediate returns to shareholders while reflecting the company's current financial capabilities.

Crizac Limited delivered exceptional financial performance in Q3 FY26, demonstrating the strength of its global student recruitment platform and strategic expansion initiatives. The company held its earnings call on January 28, 2026, following the release of unaudited financial results for the quarter ended December 31, 2025.

Financial Performance Overview

The company reported robust growth across key financial metrics during the third quarter. Revenue reached ₹278.63 crores, representing a significant 28% year-on-year increase, while net profit stood at ₹50.52 crores with an 18% margin.

Operational Highlights

Crizac processed 1.02 lakh applications during Q3 FY26, with approximately 90% directed toward UK universities and the remainder to other destinations. The company maintains an acceptance rate of around 10% and continues to serve over 14,000 registered agents across its platform.

The business demonstrated strong operational leverage, with CEO Christopher Nagle highlighting that the company is "scaling up application volumes without proportional increases in fixed costs or headcounts." This asset-light, technology-driven model supports sustainable margin expansion.

Strategic Expansion and Diversification

Crizac has made significant progress in geographic diversification, with India now representing 50% of application volumes compared to higher concentrations previously. The company is experiencing accelerating growth from Asia (excluding India) and robust expansion in Africa and Latin America.

New Service Offerings and Acquisitions

The company has launched accommodation services across UK, Ireland, and USA, with plans to expand to Australia. This service generates ₹10,000 to ₹30,000 per student placement. Additionally, Crizac has introduced financial assistance services through partnerships with education loan providers, earning 0.8% to 2% commission on loan amounts.

Recent acquisitions include Studies Planet Limited for Latin American expansion and Global Tree (acquired January 6, 2026), which brings Australian university contracts to the portfolio.

Dividend Declaration and Financial Position

Crizac announced its first special interim dividend, supported by strong cash generation and a debt-free balance sheet. The company maintains approximately ₹450 crores in cash reserves as of December 31, 2025, providing substantial flexibility for future acquisitions and growth investments.

Management projects continued growth of 20-25% annually, with normalized EBITDA margins expected to remain between 23-25%. The company's strategic focus includes deepening institutional partnerships in developed markets, penetrating emerging source markets, and enhancing service offerings across the international student value chain.