Skip to content
Crizac logo

Crizac

CRIZAC NSE
₹157.02 No trade today
P/E
12.47
View as Markdown
MCP
Close 4 Nov 2026 ₹157.02 −145.83 −48.2% 1Y
Start ₹302.85

Key Fundamentals

MicrocapRetailConsumer Services

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
52.30%
Debt to Equity
0.00
EPS (TTM)
₹12.59
Book Value
₹38.19
Market Cap
—
P/E (TTM)
12.47
P/B
4.11
ROE
40.30%
Dividend Yield
2.78%
EBITDA
₹315 Cr
52W High
₹314.50
52W Low
₹129.90
Volume
0

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

54 Average

Data confidence 100/100

Category scores

Quality
85
Strong
Returns, margins, earnings quality 22% weight
Valuation
69
Strong
Cheap vs sector & own history 24% weight
Growth
54
Average
Sales & profit trajectory 9% weight
Financial Health
88
Strong
Solvency, leverage, coverage 9% weight
Momentum
14
Poor
Trend strength, vol-adjusted 12% weight
Ownership
18
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

4
  • Company is almost debt free.
  • Stock is providing a good dividend yield of 5.61%.
  • Company has delivered good profit growth of 60.2% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 43.1%

No weaknesses listed

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish847
OscillatorsBullish243
Moving AveragesStrong Bearish604

Key readings

RSI (14)
53.12
Neutral
MACD (12,26,9)
−6.35
Bullish
SMA (50)
163.94
Bearish
SMA (200)
199.62
Bearish

As of

Analyst Rating

Based on 2 analysts
BUY100%

2 of 2 analysts rate Buy, 0 Hold, 0 Sell.

As of

BUY
2
100%
HOLD
0
0%
SELL
0
0%

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
5Y+56.50%
3Y+30.12%
1Y+22.73%
TTM+15.02%

Net profit

Net profit growth by window
5Y+59.83%
3Y+25.05%
1Y+41.29%
TTM+37.74%

Operating cash flow

Operating cash flow growth by window
5Y—
3Y—
1Y−21.74%
TTM—

5Y: The statements do not go back far enough for this window.

3Y: The statements do not go back far enough for this window.

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
5Y+3.13 pp
3Y+4.83 pp
1Y+2.13 pp
TTM+2.98 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2021₹111 Cr
Mar 2022₹264 Cr
Mar 2023₹473 Cr
Mar 2024₹530 Cr
Mar 2025₹849 Cr
Mar 2026₹1,042 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2021₹21.00 Cr
Mar 2022₹68.00 Cr
Mar 2023₹112 Cr
Mar 2024₹116 Cr
Mar 2025₹155 Cr
Mar 2026₹219 Cr

Analyst Forecasts

Forecast For
Dec 26 consensus · EBITDA
₹68.80 Cr +56.4% vs Sep 26
Reported High Mean Low

AI Analysis — Bull vs Bear

Generated 6 Jul 2026
AI opinion · based on fundamentals
Risk high

Crizac Ltd is a B2B international student recruitment platform with a market cap of ~₹3,522 Cr, trading at a PE of 15.9x. The company has delivered 60% profit CAGR over 5 years and maintains a 3-year ROE of 43%, but derives approximately 95% of its revenue from the UK market, creating significant geographic concentration risk.

Bull Case 8
  • Exceptional 5-year compounded profit growth of 60% CAGR demonstrates strong earnings scalability
  • High return on equity of 43% over 3 years and 48% over 5 years indicates efficient capital deployment
  • Company is almost debt-free, providing financial flexibility and resilience in downturns
  • Attractive dividend yield of 4.02%, unusual for a high-growth company at this stage
  • Revenue grew 60.27% YoY in FY25 to ₹849 Cr, with TTM revenue reaching ~₹991 Cr (43% YoY growth)
  • PE of 15.9x is relatively modest for a company delivering 25-60% profit CAGR, suggesting earnings are not excessively priced
  • ~13% market share in India-to-UK student recruitment as of 2023, indicating a leadership position in its niche
  • Asset-light B2B platform model with operating margins expanding from 22.25% in FY25 to 26.67% in FY26
Bear Case 8
  • Approximately 95% of revenue is concentrated in the UK market, creating severe geographic dependency risk
  • ~60% of total student applications come from India alone, making the business vulnerable to Indian outbound policy changes
  • Promoter holding at 79.94% leaves limited public float, which can amplify price volatility and reduce liquidity
  • Revenue dropped from ₹530 Cr in FY24 to ₹343 Cr (standalone basis shows volatility), indicating quarter-to-quarter lumpiness
  • Exposure to UK immigration and visa policy changes — tightening of student visa norms could directly impact volumes
  • Small market cap of ₹3,522 Cr with a recently listed stock may carry higher volatility and limited institutional coverage
  • 52-week high and low data unavailable (reported as 0), suggesting limited price history and difficulty assessing valuation range
  • High dependence on agent network — any disruption in agent relationships or regulatory changes affecting agents could impact recruitment volumes

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

121d ago

TL;DR: Crizac is making a modest but strategic move into AI-powered education technology through its ₹1.25 Cr investment in Edument Consultancy, gaining a significant 37.41% stake. Promoter holding remains stable with no encumbrance, signaling confidence. No visible headwinds in recent news, though the investment is small in absolute terms. The trend is mildly positive as the company diversifies into the growing study-abroad edtech space.

Positives 1
  • Strategic AI edtech investment Jun 15

    Crizac invested ₹1.25 Cr in Edument Consultancy via CCPS and CCD to acquire a 37.41% stake in an AI-powered B2B platform serving 700+ counseling partners, 200+ university partners across 5+ countries, and over 100,000 students.

Neutral 1
  • Promoter holding disclosure FY26 Jun 23

    Promoter Vikash Agarwal disclosed holding 13.99 crore shares in Crizac Ltd as of March 31, 2026, with no shares encumbered during FY26.

Quarterly Results

₹ Cr
CRIZAC quarterly results, ₹ crore
Particulars Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
161
130
218
341
210
162
279
392
201
103
Expenses
110
98
155
276
148
99
213
297
140
67
Operating Profit
51
32
63
65
61
63
66
95
61
35
OPM %
32%
25%
29%
19%
29%
39%
24%
24%
30%
35%
Other Income
15
7
8
9
8
8
7
7
7
9
Interest
0
0
0
0
0
0
0
0
0
0
Depreciation
11
11
12
11
7
6
6
9
4
4
PBT
55
28
60
62
62
65
67
93
65
40
Tax %
25%
27%
28%
20%
26%
25%
25%
20%
29%
10%
Net Profit
42
20
43
50
46
48
51
74
46
36
EPS (₹)
2.37
1.16
2.47
2.85
2.62
2.76
2.85
4.29
2.69
—

Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
CRIZAC profit and loss, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
111
264
473
530
849
1,042
1,034
Expenses
84
175
366
385
635
756
748
Operating Profit
27
89
107
145
215
286
286
OPM %
25%
34%
23%
27%
25%
27%
28%
Other Income
1
3
45
53
36
29
29
Interest
0
0
0
0
0
0
0
Depreciation
0
1
2
13
46
27
24
PBT
28
91
150
184
205
287
290
Tax %
26%
25%
25%
37%
24%
24%
—
Net Profit
21
68
112
116
155
219
220
EPS (₹)
1.2
3.87
6.41
6.62
8.86
12.52
12.59
Div. Payout %
0%
0%
0%
0%
0%
64%
—

Balance Sheet

₹ Cr
CRIZAC balance sheet, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.02
10
10
35
35
35
Reserves
37
98
213
302
468
550
Borrowings
1
0
0
0
0
2
Other Liabilities
52
65
83
251
374
289
Total Liabilities
90
172
307
588
878
876
Fixed Assets
27
27
26
128
93
120
CWIP
0
0
0
0
0
0
Investments
18
67
106
143
38
31
Other Assets
45
79
175
317
747
724
Total Assets
90
172
307
588
878
876

Cash Flow

₹ Cr
CRIZAC cash flow, annual, ₹ crore
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
—
—
—
114
184
144
Investing
—
—
—
−79
−145
54
Financing
—
—
—
0
0
−151
Net Cash Flow
—
—
—
35
39
47
Free Cash Flow
—
—
—
−7
179
127
CFO/EBITDA
—
—
—
111
120
76

Ratios

CRIZAC financial ratios, annual
Particulars Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
128
43
21
116
110
84
Cash Conversion Cycle
128
43
21
116
110
84
Working Capital Days
−33
−25
−10
−35
23
48
ROCE %
—
123%
90%
93%
49%
52%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Crizac insights

54 extracted metrics across FY21–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 79.94%
  • Public 11.21%
  • Others 4.77%
  • DIIs 2.91%
  • FIIs 1.17%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Crizac

What does Crizac Ltd do?
Incorporated in 2011, Crizac Ltd is an education platform that offers international student recruitment solutions to higher education institutions in various countries
Where is Crizac Ltd (CRIZAC) listed?
Crizac Ltd trades as CRIZAC on the NSE and under code 544439 on the BSE.
Which sector does Crizac Ltd belong to?
Crizac Ltd is classified under the Retail sector, in the E-Services industry.
What is the PE ratio of Crizac Ltd?
Crizac Ltd trades at a PE ratio of 12.47 as of 4 Nov 2026, on earnings per share of ₹12.59, against a book value of ₹38.19 per share.
What is the 52-week high and low of Crizac Ltd?
Over the last 52 weeks Crizac Ltd has traded between ₹129.9 and ₹314.5 as of 4 Nov 2026.
Does Crizac Ltd pay dividends?
Crizac Ltd has a dividend yield of 2.78%.
What is the Return on Equity (ROE) of Crizac Ltd?
Crizac Ltd reported a return on equity of 40.30%. Its debt-to-equity ratio is 0.00.

Company Information

Incorporated in 2011, Crizac Ltd is an education platform that offers international student recruitment solutions to higher education institutions in various countries

Website crizac.com
CEO Dr. Vikash Agarwal
Employees 368
Listed 9 Jul 2025
Face Value ₹2

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/CRIZAC.md for Crizac Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Retail stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month