Crizac (CRIZAC) Q2 25/26 earnings summary

Executive summary

• Completed IPO in July 2025, listing on NSE and BSE, raising Rs. 86,000 Lakhs via offer for sale of 3,51,02,040 shares at Rs. 245 each.

• Business is primarily international student recruitment, with seasonality impacting quarterly results.

Financial highlights

• Standalone revenue for H1 FY26: Rs. 13,614.61 Lakhs (up from Rs. 8,383.46 Lakhs YoY); Net profit after tax: Rs. 2,984.35 Lakhs (up from Rs. 4,593.13 Lakhs YoY).

• Consolidated revenue for H1 FY26: Rs. 37,178.68 Lakhs; Net profit after tax: Rs. 9,414.79 Lakhs.

• Standalone EPS for H1 FY26: Rs. 4.97 (basic and diluted).

• Consolidated EPS for H1 FY26: Rs. 5.38 (basic and diluted).

Outlook and guidance

• Results are not indicative of full-year performance due to seasonality in international student recruitment.