| Management target | Revenue 12.0% Q3 FY27 |
|---|
| Revenue growth | Revenue declined 36.7% YoY to ₹1,027 million due to deferrals. |
|---|---|
| Margins | EBITDA margin compressed to 32% from 36.3% YoY. |
| Demand visibility | Strong student pipeline for Q3 and Q4 intake seasons. |
| Management confidence | Confident in recovery despite current geopolitical and regulatory headwinds. |
Growth
Operating income fell to ₹1,027 million; however, market share in UK student visas rose to 6%.
Outlook
Management guides Q3 FY27 revenue growth of 10-12% YoY, banking on processed student enrollments.
Risks
Geopolitical instability and tightening UK/EU immigration policies remain major external headwinds.
Last quarter's promises, checked
Partly delivered
- FY27 EBITDA margin 25-27% → Q1 29.8%, Q2 32%; full-year not yet reported (= PARTIAL)
Missed
- FY27 revenue flat YoY → Q1 -4% YoY (₹2,012m), Q2 -36.7% YoY (₹1,027m) (= MISS)
- Q2 'a bit down' → Q2 -36.7% YoY (= MISS)
Earnings Call Transcript filed with NSE, NSE: CRIZAC. Summary written with AI assistance from the document.
Crizac Ltd: key numbers
- Share price
- ₹143.79
- Market cap
- ₹2,516 Cr
- Revenue (annual)
- ₹1,042 Cr
- Net profit (annual)
- ₹219.1 Cr
- P/E (TTM)
- 12.0×Sector 34.6×
- Promoter holding
- 79.94%+0.00% QoQ
- FII holding
- 1.17%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Crizac Ltd
All →Crizac Investor Presentation: Key Takeaways
Q2 FY27 Operating Income ₹1,027 Mn (-36.7% YoY), Op EBITDA ₹330 Mn (32.2% margin), PAT ₹369 Mn (-23.7%). Management blames one-off travel and visa disruption and expects H2 recovery.
Crizac Results Update
Crizac reported Q2 FY27 Total Income down 34.5% YoY to ₹1,112 Mn and PAT of ₹369 Mn. An interim dividend of ₹4 per share was declared.
Crizac Dividend
Crizac set November 6, 2026 as record date for its FY2026-27 interim dividend of ₹4 per share. Payment completes by November 27, 2026.
Crizac Q2 FY27 Results: Net Profit ₹36.2 Cr, Down 25.1% YoY
Crizac Ltd reported revenue from operations of ₹102.7 Cr (-36.7% YoY) and net profit of ₹36.2 Cr (-25.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹36.2 Cr · -25.1% YoY
Crizac Board Meeting Date
Crizac Ltd intimated a board meeting on October 30, 2026 to approve Q2/H1 results and consider an interim dividend for FY2026-27. Record date is November 6, 2026, subject to board approval.
Crizac Product Launch
Crizac Ltd launched its Partner Growth Program providing marketing, certification and branding to partners. It targets the existing 17,400+ partner network, with no monetary value disclosed.