Crizac Limited , a leading B2B education platform offering international student recruitment solutions, has announced strong financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

The company reported a substantial increase in profitability for Q2 FY26:

Crizac's revenue from operations grew by 24.92% year-over-year to ₹1,622.52 crore in Q2 FY26, up from ₹1,298.80 crore in the same quarter last year. The company's EBITDA nearly doubled to ₹632.70 crore, with the EBITDA margin expanding significantly to 39.00% from 24.89% in Q2 FY25.

Net profit saw a remarkable increase of 138.73%, reaching ₹483.35 crore compared to ₹202.47 crore in the corresponding quarter of the previous fiscal year. The PAT margin also improved substantially, rising to 28.45% from 14.81% year-over-year.

Operational Performance

Crizac processed approximately 100,000 student applications during Q2 FY26, compared to about 68,000 applications in Q2 FY25, indicating strong growth in its core business. The company has expanded its agent network, onboarding around 2,000 new agents on its platform during the quarter.

Dr. Vikash Agarwal, Chairman and Managing Director of Crizac, commented on the results, stating, "Our Q2 performance reflects the strength of our business model and the growing demand for international education services. The significant improvement in our margins is a result of our focus on operational efficiency and a favorable mix of higher-margin university partnerships."

Business Developments

During the quarter, Crizac launched an Accommodations Facility as a distributor, expanding its service offerings to international students. The company is also actively exploring new service verticals, including loan services and forex services, to provide a more comprehensive suite of solutions to its customers.

Crizac's proprietary technology platform continues to be a key differentiator, enabling efficient processing of applications and facilitating seamless communication between agents and global institutions of higher education.

Outlook

With a strong first half of FY26, Crizac is well-positioned to capitalize on the growing international education market. The company's debt-free status and strong operating cash flows provide a solid foundation for future growth and expansion into complementary services.

As Crizac continues to strengthen its relationships with global institutions of higher education and expand its agent network, it aims to further consolidate its position as a leading player in the international student recruitment solutions space.

The company's focus on technology-driven solutions and its ability to adapt to the evolving needs of students and educational institutions are expected to drive sustainable growth in the coming quarters.

Crizac , a leading B2B education platform, is poised for significant growth as it plans to expand its education consulting, forex, and student loan services globally. The company's ambitious strategy includes leveraging automation to double its processing efficiency, setting the stage for strong double-digit growth in the coming years.

Expansion of Core Services

Crizac intends to broaden its reach in the international education market by expanding its suite of services. The company plans to enhance its education consulting offerings, which have been a cornerstone of its business model. Additionally, Crizac aims to strengthen its presence in the forex services sector, capitalizing on the increasing demand for currency exchange services among international students.

A notable addition to Crizac's portfolio is the introduction of student loan services. This move is likely to address a critical need in the international education market, potentially opening up new revenue streams for the company.

Global Footprint

The company's growth strategy has a strong focus on global expansion. By extending its services across multiple countries, Crizac is positioning itself to capture a larger share of the international student recruitment market. This global approach may help the company diversify its revenue sources and reduce dependence on any single geographic market.

Automation Drive

A key component of Crizac's growth strategy is its plan to leverage automation technologies. The company projects that this initiative will double its processing efficiency. This significant boost in operational capacity could allow Crizac to handle a larger volume of student applications and service requests without a proportional increase in costs.

Financial Implications

While specific financial projections were not disclosed, the combination of service expansion, global growth, and improved operational efficiency through automation suggests that Crizac is aiming for substantial revenue growth. The company's focus on double-digit growth indicates a confident outlook on its market position and future prospects.

Market Context

Crizac's growth plans come at a time when the international education sector is experiencing significant changes. The global pandemic has reshaped student mobility patterns and accelerated the adoption of digital solutions in education services. Crizac's strategy appears to be aligned with these trends, potentially positioning the company to capitalize on emerging opportunities in the post-pandemic education landscape.

As Crizac embarks on this ambitious growth journey, stakeholders will be watching closely to see how effectively the company executes its expansion plans and navigates the complex global education market. The success of these initiatives could significantly impact Crizac's market position in the competitive international student recruitment industry.