Crizac Limited Latest Updates

Market Performance and Share Price The stock has recently faced significant downward pressure, reaching an all-time low of ₹204.40 on March 13, 2026. As of March 20, the price was trading near ₹202, representing a substantial drop of roughly 46% from its 52-week high of ₹387.95. Despite the price decline, the company maintains a small-cap market capitalization of approximately ₹3,540 crore. Financial Results and Dividend Crizac reported a solid performance for Q3 FY26, with consolidated revenue rising 28% year-on-year to ₹278.6 crore. Net profit for the same period increased by 16.7% to ₹50.5 crore. To reward shareholders, the board declared an interim dividend of ₹8 per share (400% of face value), which was paid out in late February 2026. Recent Corporate Actions In early 2026, the company received approval to acquire a 51.04% stake in GTCPL, signaling an expansion of its service capabilities. More recently, in February 2026, Crizac issued a notice for a Postal Ballot, indicating upcoming shareholder voting on key corporate resolutions. The company continues to operate with a debt-free balance sheet and a high Return on Equity (ROE). Operational Highlights The company’s B2B international student recruitment platform has shown strong growth, processing over 7.11 lakh applications in the previous fiscal year. While it remains heavily concentrated in the UK market (over 90% of revenue), it has been actively maintaining relationships with over 170 global higher education institutions across Canada, Australia, and Ireland to diversify its geographic risk.