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Crizac Ltd (CRIZAC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544439 NSE: CRIZAC Educational Institutions | Small Cap | Crizac Share Price

₹162.50 -3.35 (-2.02%)

As on 03-Sep'26 16:01

Crizac Ltd (CRIZAC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544439 NSE: CRIZAC Educational Institutions | Small Cap | Crizac Share Price

₹162.50 -3.35 (-2.02%)

As on 03-Sep'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹2,902 Cr.
Current Price
₹162.5
52-Week Low / High
₹162 / 388
TTM EPS
₹10.2
TTM Sales
₹282 Cr.
Book Value per Share
₹34.4
P/E Ratio
16.24
Lower than its 5-year historical median
Industry PE
88.2
Price to Book (P/B)
4.82
Lower than its 5-year historical median
Price to Sales (P/S)
10.29
Lower than its 5-year historical median
EV/EBITDA
10.94
Lower than its 5-year historical median
Dividend Yield
4.92%
Profitability Efficiency
Return on Equity (ROE)
30.93%
Outperforms industry median
Return on Capital Employed (ROCE)
41.34%
Outperforms industry median
Return on Assets (ROA)
25.05%
Operating Profit Margin
82%
Net Profit Margin
62.59%
Gross Profit Margin
93.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
42.61%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
44.02%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
52.82%
Asset Quality
Promoter Holding
79.94%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹568 Cr.
Equity
₹35 Cr.
Face Value
₹2
All Time Low / High
₹162.00 / 387.50

Crizac stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Crizac Ltd a good quality company?
Crizac Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Crizac Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Crizac Ltd vs industry peers?
Crizac Ltd revenue CAGR is 56.08%, compared to the industry median CAGR of 3.21%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Crizac Ltd?
Promoters hold 79.94% of the Crizac Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Crizac Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -56.55% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Crizac Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 74.9%125.1%90.5%81%30.6%41.3%-
Value Creation
Index
4.47.95.54.81.22.0-

Growth Parameters

Sales 28.8120274344187267282
Sales YoY Gr.-317.2%128.3%25.4%-45.6%42.6%-
Adj EPS 1.13.86.28.26.29.410.2
YoY Gr.-233.3%64%31.8%-24.6%51.5%-
BVPS (₹) 2.16.112.623.430.231.434.4
Adj Net
Profit
19.966.5109144108164179
Cash Flow from Ops. 20.457.251.669140116-
Debt/CF from Ops. 000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA56.1%-0.9%42.6%
Adj EPS NA52.4%14.6%51.5%
BVPSNA72.1%35.7%3.9%
Share Price - - - -56.4%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
55.293.866.945.723.130.331
Op. Profit
Mgn %
91.174.138.240.981.78280.3
Net Profit
Mgn %
69.255.439.841.85861.663.4
Debt to
Equity
000000-
Working Cap
Days
01732129620646236
Cash Conv.
Cycle
0-1-04-3926229

Valuation of Crizac - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales29120274344187267
Operating Expenses + 3341692043649
Manufacturing Costs016114166917
Material Costs000000
Employee Cost 22471722
Other Costs 01551321010
Operating Profit 2687105140151217
Operating Profit Margin (%) 91.1%72.1%38.2%40.6%80.8%81.6%
Other Income + 13451283833
Exceptional Items 000000
Interest 000000
Depreciation 012134526
Profit Before Tax 2789147255143224
Tax 72337673457
Profit After Tax 2066110188109167
PAT Margin (%) 69.7%55.1%40.2%54.6%58.4%62.6%
Adjusted EPS (₹)1.23.86.310.76.29.5
Dividend Payout Ratio (%)0%0%0%0%0%83.90%
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 36106220409529550
Share Capital 01010353535
Reserves 3696210374494515
Debt +000000
Long Term Debt000000
Short Term Debt000000
Minority Interest000000
Trade Payables00066310
Others Liabilities 461281115126
Total Liabilities 41112232556647685

Fixed Assets

Net Fixed Assets +2222201187466
Gross Block232423134134151
Accumulated Depreciation113166085
CWIP 000000
Investments 18671061504562
Inventories000000
Trade Receivables000129880
Cash Equivalents 11267738937
Others Assets 0113985430441
Total Assets 41112232556647685
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 20575269140116
PBT 2789147255143224
Adjustment -11-42-102121
Changes in Working Capital 1-9-18-3742-46
Tax Paid -7-23-35-47-58-63
Cash Flow From Investing Activity + -21-47-46-85-13628
Capex -21-2-2-1190-17
Net Investments 002524-15035
Others 0-45-7010149
Cash Flow From Financing Activity + -0-0-0-0-0-140
Net Proceeds from Shares 000000
Net Proceeds from Borrowing 000000
Interest Paid -0-0-0-00-0
Dividend Paid 00000-140
Others 0-0-0-0-0-0
Net Cash Flow -0105-1643
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)55.5893.2267.5859.6323.2730.93
ROCE (%)74.92125.0690.5380.9730.5541.34
Asset Turnover Ratio0.711.581.590.870.310.4
PAT to CFO Conversion(x)10.860.470.371.280.69
Working Capital Days
Receivable Days000137.50134.3060.10
Inventory Days000000
Payable Days000000

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Announcements

Crizac Ltd FAQs

The current trading price of Crizac on 03-Sep-2026 16:01 is ₹162.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Sep-2026 the market cap of Crizac stood at ₹2,902.1 Cr

The latest P/E ratio of Crizac as of 02-Sep-2026 is 16.24.

The latest P/B ratio of Crizac as of 02-Sep-2026 is 4.82.

The 52-week high of Crizac is ₹387.5 and the 52-week low is ₹161.8.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Crizac is ₹282 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Crizac Ltd is a good quality company.

The key valuation ratios of Crizac Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Crizac Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Crizac Ltd

Crizac Limited was originally incorporated as ‘GA Educational Services Private Limited’, at Kolkata as a private limited company under the provisions of Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on January 03, 2011. Thereafter, pursuant to a special resolution passed by the shareholders of the company passed in their meeting on March 24, 2012, the name of the Company was changed to ‘GA Solutions Private Limited’, and a fresh certificate of incorporation dated May 16, 2012 was issued to the company by the RoC. Subsequently, pursuant to a special resolution passed by the shareholders of the company passed in their meeting on November 10, 2023, the name of the company was changed to ‘Crizac Private Limited’, and a fresh certificate of incorporation dated December 15, 2023, was issued to the company by the RoC. Thereafter, the company was converted into a public limited company pursuant to a special resolution passed by the shareholders of the company passed in their meeting on December 27, 2023 and the name of the company was changed to its present name ‘Crizac Limited’ pursuant to a fresh certificate of incorporation issued by the RoC on February 13, 2024.

Crizac is a B2B education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). Student recruitment solutions from India into the United Kingdom is its strength as a result of its strong relationships built over time with global institutions of higher education in the United Kingdom. For the Fiscals March 31, 2025, March 31, 2024 and March 31, 2023, the company sourced applications for enrolment into global institutions of higher education from over 75 countries through its agents globally who are registered on its proprietary technology platform.

The company also works in close collaboration with global institutions of higher education, which has helped it in developing expertise and understanding of their recruitment preferences and develop bespoke strategies that reflect and highlight their unique goals and strengths. It is based in India with co-primary operations in London, United Kingdom. In addition to extensive operations and employees in India, it has consultants in multiple countries including Cameroon, China, Ghana, and KenyaThe company has Registered Agents globally who are registered on its proprietary technology platform. It has developed an internal system to meticulously identify prospective agents, establishing connections and nurturing the relationship with agents.

Business area of the company

The company is engaged in the business of educational consultancy services.

Awards and accreditations

  • 2023: Awarded Top Performing Agent for the 22-23 Academic Year by London Metropolitan University.
  • 2023: Awarded Best Performing Partner for the Past 5 Years by University of Bradford.
  • 2023: Awarded as the ‘Exceptional Engagement 2022-23’ by University of East Anglia.
  • 2023: Awarded Recruitment Achievement Award in recognition for outstanding contribution to UEL’s International Student recruitment in 2022-23 by University of East London.
  • 2023: Awarded the NTU INDIA Awards 2023 Special Appreciation by Nottingham Trent University.
  • 2023: Received recognition as an Authorised International Student Recruitment Agent for Fanshawe College in India, Bangladesh and Sri Lanka.
  • 2024: Awarded the Platinum Partner by St. Lawrence College.
  • 2024: Awarded Certificate of Participation in recognition of international recruitment contributions to the University of Chester .by University of Chester at the Recruiter Partner Conference 2024 Goa, India.

History and milestones

  • 2014: Started working with institutes from Ireland as destination country to enroll students and was appointed as regional representatives pursuant to a regional representation agreement with Institute of Technology Tralee, Ireland dated March 27, 2014.
  • 2016: Started working with institutes from Canada as destination country to enroll students and entered into an agreement with Conestoga College Institute of Technology and Advanced Learning for Recruitment of International Students dated September 22, 2015 with respect to the recruitment of international students into Conestoga’s programs.
  • 2017: Started working with institutes from New Zealand as destination country to enrol students and partnered with University of Canterbury, New Zealand pursuant to a partner agreement dated May 21, 2016.
  • 2018: Started working with institutes from Australia as destination country to enrol students and entered into an agency agreement with EduCo Sydney Branch, Pty. Ltd, ‘EduCo’, a collaboration partner for the delivery of academic programs and recruitment of students into EduCo Southern Cross University Campuses.
  • 2021: Entered into student recruitment services agreement dated January 7, 2021 with University of Greenwich for promotion and recruitment of students in the programme of University of Greenwich.
  • 2022: Crossed Rs 100 crore in revenue in Fiscal 2022.
  • 2023 Crossed Rs 250 crore in revenue in Fiscal 2023.
  • 2024: Acquired 100% shares of Crizac UK pursuant to Share Purchase Agreement dated November 20, 2023 by and between Dr. Vikash Agarwal and the Company.
  • 2024: Entered into Purchase of Business Agreement with Raj Consultants FZCO 2024 Entered into Business Process Outsourcing Agreement with its Material Subsidiary i.e., Crizac UK
  • 2024: Entered in Consulting Agreement with its Material Subsidiary i.e., Crizac UK.
  • 2025: Incorporated its wholly owned Subsidiary i.e., UCOL FZE in UAE.

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