{"id":178227,"date":"2026-01-28T13:06:55","date_gmt":"2026-01-28T18:06:55","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178227"},"modified":"2026-01-28T13:06:55","modified_gmt":"2026-01-28T18:06:55","slug":"crizac-posts-double-digit-q3-profit-growth-announces-%e2%82%b98-interim-dividend","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/crizac-posts-double-digit-q3-profit-growth-announces-%e2%82%b98-interim-dividend\/","title":{"rendered":"Crizac Posts Double-Digit Q3 Profit Growth, Announces \u20b98 Interim Dividend"},"content":{"rendered":"\n

Crizac Ltd (NSE: CRIZAC), a B2B education platform specializing in international student recruitment, on Wednesday reported a 17.2% increase in consolidated net profit for the third quarter ended December 31, 2025, supported by steady growth in operating revenue.<\/p>\n\n\n\n

The company\u2019s board also approved an interim dividend of \u20b98.00 per equity share for the financial year 2025-26.<\/p>\n\n\n\n

Financial Performance Overview<\/strong><\/h2>\n\n\n\n

For the quarter under review, the Bengaluru-based firm posted a consolidated net profit of \u20b9505.28 million ($6.1 million), up from \u20b9432.95 million in the same period last year. Revenue from operations grew 28% year-on-year to \u20b92,786.36 million, compared to \u20b92,176.70 million in the year-ago quarter.<\/p>\n\n\n\n

The company\u2019s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) stood at \u20b9646.09 million, reflecting an EBITDA margin of 23.19%. While revenue saw substantial gains, operating margins faced relative pressure compared to the previous year’s 28.5% margin, primarily due to a 37% rise in total expenditure.<\/p>\n\n\n\n

Key Financial Metrics (Consolidated)<\/p>\n\n\n\n

Metric (\u20b9 in Millions)<\/td>Q3 FY2026<\/td>Q3 FY2025<\/td>Change (%)<\/td><\/tr><\/thead>
Total Revenue<\/td>2,786.36<\/td>2,176.70<\/td>+28.0%<\/td><\/tr>
Total Expenses<\/td>2,130.27<\/td>1,555.10<\/td>+37.0%<\/td><\/tr>
Profit Before Tax<\/td>673.54<\/td>599.75<\/td>+12.3%<\/td><\/tr>
Net Profit (PAT)<\/td>505.28<\/td>432.95<\/td>+17.2%<\/td><\/tr>
Earnings Per Share (\u20b9)<\/td>2.85<\/td>2.47<\/td>+15.4%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Dividend and Shareholder Returns<\/strong><\/h2>\n\n\n\n

The board declared an interim dividend of \u20b98.00 per share (400% of the face value of \u20b92.00 each). This follows the company’s July 2025 initial public offering and marks a significant payout for the current fiscal year.<\/p>\n\n\n\n

    \n
  • Record Date: February 4, 2026<\/li>\n\n\n\n
  • Payment Date: Scheduled on or before February 26, 2026<\/li>\n<\/ul>\n\n\n\n

    The stock responded positively to the announcement, with shares of Crizac Ltd closing 4.94% higher at \u20b9251.40 on the National Stock Exchange (NSE). Despite Wednesday’s rally, the stock remains approximately 35% below its 52-week high of \u20b9388.00, reflecting broader volatility in the education services sector over the last six months.<\/p>\n\n\n\n

    Balance Sheet and Operational Highlights<\/strong><\/h2>\n\n\n\n

    Crizac, which connects recruitment agents with universities in the UK, Canada, Australia, and New Zealand, continues to operate with a debt-free balance sheet.<\/p>\n\n\n\n

    A notable operational highlight was the improvement in the company\u2019s working capital cycle. Debtor days decreased to 15.7 days as of December 31, 2025, a sharp reduction from the 70-80 day range reported in previous fiscal years. Management attributed this improvement to more efficient collection processes and a shift in the timing of university commission payouts.<\/p>\n\n\n\n

    “The consistent profit improvement demonstrates the company’s resilience and operational capabilities in the current market environment,” the company noted in its performance overview.<\/p>\n\n\n\n

    Strategic Outlook<\/strong><\/h2>\n\n\n\n

    During the quarter, Crizac continued its diversification strategy, including the integration of its UK-based subsidiary and the expansion of services into the Middle East and Oceania. In January 2026, the company also moved toward vertical integration by approving an investment for a majority stake in Global Tree, an Indian immigration and test-preparation consultancy.<\/p>\n\n\n\n

    The financial results were reviewed by statutory auditors M\/s. Singhi & Co, who issued an unmodified limited review report.<\/p>\n\n\n\n

    Reasons to Pass on CRIZAC<\/strong><\/h2>\n\n\n\n
      \n
    • Margin compression: EBITDA margin declined to 23.19% from 28.5% a year earlier, reflecting cost pressures despite strong revenue growth.<\/li>\n\n\n\n
    • Rising expense base: Total expenditure increased 37% year on year, outpacing revenue growth and raising questions around operating leverage.<\/li>\n\n\n\n
    • Sector volatility: Shares remain about 35% below the 52-week high, underscoring persistent volatility in the education services sector.<\/li>\n\n\n\n
    • Regulatory and policy exposure: The business is sensitive to visa and immigration policies in key destination markets such as the UK, Canada, Australia and New Zealand.<\/li>\n\n\n\n
    • Concentration risk: Revenue remains closely tied to international student recruitment flows, leaving earnings vulnerable to shifts in global mobility trends.<\/li>\n\n\n\n
    • Execution risk from expansion: Ongoing geographic expansion and integration of the UK subsidiary add operational complexity.<\/li>\n\n\n\n
    • Acquisition integration risk: The proposed majority investment in Global Tree introduces integration and execution risk with uncertain near-term returns.<\/li>\n\n\n\n
    • Capital allocation considerations: A sizable interim dividend soon after the IPO may limit retained capital available for growth initiatives.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

      Crizac Ltd (NSE: CRIZAC), a B2B education platform specializing in international student recruitment, on Wednesday reported a 17.2% increase in consolidated net profit for the third quarter ended December 31, 2025, supported by steady growth in operating revenue. The company\u2019s board also approved an interim dividend of \u20b98.00 per equity share for the financial year […]<\/p>\n","protected":false},"author":2387,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392,5],"tags":[10502,10450,14976,9124],"class_list":["post-178227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-latest","tag-edtech","tag-education","tag-international-student-recruitment","tag-software-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178220,"url":"https:\/\/alphastreet.com\/india\/crizac-reports-15-47-rise-in-q3-net-profit-declares-%e2%82%b98-00-interim-dividend\/","url_meta":{"origin":178227,"position":0},"title":"Crizac Reports Rise in Q3 Net Profit; Declares \u20b98.00 Interim Dividend","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Crizac Ltd. (NSE:\u00a0CRIZAC), a leading B2B education platform for international student recruitment, reported a year-on-year increase in consolidated net profit for the third quarter ended December 31, 2025. Following the board\u2019s approval of the results on Wednesday, the company also declared an interim dividend, reflecting a period of sustained operational\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":171862,"url":"https:\/\/alphastreet.com\/india\/crizac-q2-fy26-earnings-results\/","url_meta":{"origin":178227,"position":1},"title":"CRIZAC Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 27, 2025","format":false,"excerpt":"Crizac Ltd, incorporated in 2011, is an education platform offering international student recruitment solutions to higher education institutions in various countries. The company's network spans the United Kingdom, United States, Canada, Ireland, Australia, New Zealand, and the UAE. Q2 FY26 Financial Summary Revenues rose 11.28% year on year to \u20b9162\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/cr.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/cr.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/cr.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/cr.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/cr.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/cr.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178147,"url":"https:\/\/alphastreet.com\/india\/vaibhav-global-limited-shares-rise-after-q3-fy26-revenue-and-profit-data\/","url_meta":{"origin":178227,"position":2},"title":"Vaibhav Global Limited Shares Rise After Q3 FY26 Revenue and Profit Data","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Vaibhav Global Limited (NSE: VAIBHAVGBL, BSE: 532156), an Indian omnichannel retailer of fashion jewellery and lifestyle products, saw its shares rise in Mumbai trade after the company reported its third quarter FY26 financial results. The stock ended today\u2019s session around \u20b9234.34 on the National Stock Exchange, up from the previous\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179862,"url":"https:\/\/alphastreet.com\/india\/sonata-software-q3-revenue-jumps-45-interim-dividend-declared\/","url_meta":{"origin":178227,"position":3},"title":"Sonata Software Q3 Revenue Jumps 45%; Interim Dividend Declared","author":"Staff Correspondent","date":"February 6, 2026","format":false,"excerpt":"Sonata Software Limited (NSE: SONATSOFTW) reported consolidated revenue of \u20b93,080.6 crores for the third quarter ended December 31, 2025. This figure represents a 45.4% increase from the previous quarter and an 8.4% increase compared to the same period last year. Consolidated profit after tax (PAT) before exceptional items reached \u20b9127.5\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180383,"url":"https:\/\/alphastreet.com\/india\/hikal-limited-reports-q3-fy26-loss-after-exceptional-charges-interim-dividend-declared\/","url_meta":{"origin":178227,"position":4},"title":"Hikal Limited reports Q3 FY26 loss after exceptional charges; interim dividend declared","author":"Staff Correspondent","date":"February 11, 2026","format":false,"excerpt":"Hikal Limited (NSE: HIKAL, BSE: 524735) reported a loss for the quarter ended Dec. 31, 2025, after booking exceptional charges linked to labour code-related provisions, while revenue rose sequentially. The board also declared an interim dividend, according to the company\u2019s regulatory filing and unaudited results for Q3 and 9M FY26.\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179052,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-limited-reports-q3-fy26-financial-results\/","url_meta":{"origin":178227,"position":5},"title":"Coromandel International Limited Reports Q3 FY26 Financial Results","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"Coromandel International Ltd (COROMANDEL:NSE), India\u2019s top agri-solutions player with a \u20b965,000-crore market cap, has held steady around \u20b92,200 despite Q3 margin pressures, buoyed by 30% nine-month revenue growth to \u20b925,000 crore and a robust \u20b99\/share dividend. Quarterly Results Coromandel International Limited reported consolidated revenue from operations of \u20b98,779 Cr for\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2387"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178227"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178227\/revisions"}],"predecessor-version":[{"id":178228,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178227\/revisions\/178228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}