Crizac Limited Q4 FY2026 Audited Financial Results.
Crizac Limited, a premier global education platform connecting recruitment agents with higher education institutions, announced its Q4 FY2026 and FY2026 results.
The Board of Directors of Crizac Ltd at its meeting held on Monday, 25 May 2026, took on record the audited Financial Results for the Financial Year 2025-26.
Total Income for the year stood at ₹10,711 Million, reflecting Y-o-Y growth of 21%. For the fourth quarter, Total Income stood at ₹3,986 Million, growing 14.7% Y-o-Y and 39.6% Q-o-Q.
This record-breaking performance was largely driven by 43.0% Y-o-Y growth in applications processed, 36.5% Y-o-Y growth in active agents, and 13.8% Y-o-Y growth in student enrolments, reflecting sustained operating momentum across our global education platform.
EBITDA for FY2026 stood at ₹2,824 Million, reflecting Y-o-Y growth of 31%.
EBITDA margin expanded by 172 bps to 27.1%, demonstrating the operating leverage in the business model.
EBITDA for Q4 FY2026 stood at ₹939 Million, reflecting Y-o-Y growth of 42.8% with margin expanding by 467 bps to 24%.
PAT (Profit After Tax) for FY2026 stood at ₹2,191 Million, a Y-o-Y growth of 41.4%, with a PAT margin of 20.5%. For Q4 FY2026, PAT stood at ₹750 Million, reflecting Y-o-Y growth of 50.3%, with a PAT margin of 18.8%, supported by the scalable, asset-light business model.
The Board of the company declared a dividend of ₹8 per equity share during Q4 FY2026, representing a payout ratio of approximately 64%.
Leadership View
Commenting on the results, Vikash Agarwal, Chairman and Managing Director, Crizac Limited, said –
FY2026 was a year of strong progress for Crizac Limited, underpinned by effective execution across organic and inorganic growth initiatives.
We deepened our footprint across established destination markets while driving meaningful growth in application volumes and agent engagement across Asia, Africa, and other high-potential source regions.
Our expanding agent network and institutional partnerships continue to reinforce the scalability and network effects inherent to our platform model.
Inorganically, this was a year of concentrated strategic activity.
In October 2025, we acquired Studies Planet, opening the LATAM market as a new source region.
In January 2026, we acquired a 51% stake in Global Tree Careers, strengthening domestic origination and broadening our B2C service portfolio.
In March 2026, we committed USS2.5 million to Edumentor project, advancing our Al-driven student matching capabilities.
Continuing this expansion momentum, we scaled our New Zealand vertical through onboarding of the Medway Educational Consultants team, deepening our destination market presence.
With four strategic transactions completed during the year, our pace of inorganic activity is visibly accelerating. These moves reflect our deliberate strategy of using acquisitions to compress timelines for geographic entry and capability build-out.
We remain actively engaged in evaluating opportunities across both new and existing geographies, targeting assets that enhance scale, technology, or market access.
Global student mobility is navigating a dynamic environment, with evolving visa policies, geopolitical disruptions in certain regions, and the strengthening of the US Dollar and Pound Sterling adding to the cost burden for students from emerging source markets.
Notwithstanding these near-term headwinds, long-term structural demand for quality international education remains strong, underpinned by growing aspirations across our core source markets.
We are well-positioned to capture this opportunity through our diversified geographic presence, platform scalability, and continued focus on resilient organic as well as inorganic growth.
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