Crizac Q1 results FY27: profit up, margin 30.4%

Key takeaway from the quarter

Crizac Limited reported a modest year-on-year increase in consolidated profit for the quarter ended June 30, 2026, even as consolidated revenue was lower than the year-ago period in one set of reported numbers. The company operates a B2B education platform focused on international student recruitment solutions, connecting global higher-education institutions with students through a network of agents and its own technology platform. Its revenue is primarily commission-based, earned from universities for successful student placements. In Q1, reported profitability was supported by improved cost control, reflected in a higher EBITDA margin.

At the same time, multiple figures for the quarter appear across the provided information, including consolidated net profit stated in lakh terms as well as in rupee million and in crore terms. Where numbers overlap across formats, the rupee million and crore figures align. Investors typically track the consolidated financials for the listed entity, while standalone numbers help explain performance at the holding-company level.

What Crizac reported for Q1 ended June 30, 2026

One disclosure states Crizac posted a consolidated net profit of ₹4.62 crore (₹461.66 lakh) in Q1FY26, up 1% YoY, and a standalone net profit of ₹5.29 crore (₹528.63 lakh), up 29% YoY. The same note said the quarter’s performance was driven by stable revenue performance in its international student recruitment business and improved operational efficiency at the holding-company level.

Another set of reported numbers for Q1 states consolidated net profit rose to ₹47.10 crore (471M rupees) from ₹45.80 crore (458M rupees) a year earlier, with revenue at ₹200.0 crore (2B rupees) versus ₹210.0 crore (2.1B rupees). EBITDA was reported at ₹61.2 crore (612M rupees) versus ₹60.5 crore (605M rupees), and EBITDA margin expanded to 30.40% from 28.9%.

Board approval and audit review

Crizac’s results for the quarter ended June 30, 2026 were approved by its Board of Directors on August 3, 2026, according to the information provided. The financials were reviewed by statutory auditors Singhi & Co. Separately, for FY26 audited financial results (quarter and year ended March 31, 2026), the audit report from Singhi & Co carried an unmodified opinion, and Grant Thornton Bharat LLP was appointed as internal auditor for FY2026-27.

Trading window closure around Q1 results

Ahead of the Q1 announcement cycle, Crizac announced a trading-window closure in line with SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal code of conduct. The trading window was to be shut from July 1, 2026, until 48 hours after declaration of the un-audited financial results for the quarter ended June 30, 2026. The purpose, as stated, was to prevent insider trading and ensure fair disclosure for designated persons and their immediate relatives.

Consolidated snapshot: profit up, revenue down, margin up

The clearest year-on-year operating signal in the Q1 metrics table is the margin improvement. EBITDA margin expanded to 30.40% from 28.9%, even as revenue was lower at ₹200.0 crore versus ₹210.0 crore. EBITDA increased slightly to ₹61.2 crore from ₹60.5 crore. Net profit moved up to ₹47.10 crore from ₹45.80 crore, reflecting a small but steady increase in the bottom line.

This pattern typically points to improved cost control and operating efficiency offsetting softer topline performance. However, the material differences between the profit figures reported in lakh terms (₹4.62 crore consolidated) and those reported in rupee million/crore terms (₹47.10 crore consolidated) mean investors would usually verify the exact reference statement (consolidated vs standalone and the reporting basis) in the official filing.

Table: Q1 consolidated metrics reported on a YoY basis

Context from FY26 performance

Crizac’s FY26 numbers, as provided, showed strong growth on an annual basis. Total income for FY26 rose 21% YoY to ₹1,071.1 crore (₹10,711 Mn), while PAT surged 41.4% YoY to ₹219.1 crore (₹2,191 Mn). For Q4 FY26, total income was ₹398.6 crore (₹3,986 Mn), up 14.7% YoY.

Additional quarterly metrics provided for FY26 show revenue and profit moving across quarters, alongside high operating profit margins (OPM) as presented in the dataset. For example, one snapshot lists Q4 FY2026 revenue at ₹74.62 crore and net profit at ₹37.64 crore, and another highlights Mar ’26 net profit at ₹74.5 crore.

Stock identifiers and market snapshot

Crizac trades under NSE: CRIZAC and BSE: 544439, and is classified under the Educational Institutions sector in the provided data. A market snapshot in the material shows a share price of ₹198.95 with a -0.56% move (as of 03 Jul, 4:00 PM on NSE). The same dataset lists market capitalisation at ₹3,481.2768375 crore.

What this means for investors tracking the education platform space

For investors, Q1’s key datapoint in the consolidated metrics table is the margin expansion to 30.40%, particularly in a quarter where revenue was reported lower year-on-year. Margin resilience matters for commission-based models because volumes and conversion rates can fluctuate by intake cycles, geographies, and partner institutions.

Separately, the company’s trading-window closure and board approval process highlight the usual compliance cadence around results. The FY26 audited results and internal auditor appointment provide additional context for governance and reporting continuity into FY2026-27.

Conclusion

Crizac’s Q1 ended June 30, 2026 was marked by modest consolidated profit growth and a notable expansion in EBITDA margin to 30.40%, alongside a reported decline in revenue in one set of Q1 metrics. The board approved the results on August 3, 2026, with statutory auditor review by Singhi & Co. Investors typically reconcile the quarter’s figures across consolidated and standalone statements using the official exchange filing, especially where different profit numbers appear across sources.