Crizac Limited Announces Board Approval of Financial Results and Appoints Internal Auditor
Crizac Limited, formerly known as Crizac Private Limited and GA Solutions Private Limited, announced on May 25, 2026, that its Board of Directors had met and approved the financial results for the quarter and financial year ended March 31, 2026. The board meeting also saw the formal appointment of an Internal Auditor for the upcoming financial year.The Company confirmed that the Statutory Auditor issued an unmodified opinion on both the consolidated and standalone financial results.
Corporate Governance and Key Appointments
During the board meeting held on May 25, 2026, the board considered and approved the audited Consolidated and Standalone financial results, supported by the audit report issued by M/s Singhi & Co.Additionally, the board approved the appointment of M/s Grant Thornton Bharat LLP as the Internal Auditor of the Company for the Financial Year 2026-27.
Financial Results and Acquisitions
The audited financial results for the quarter and year ended March 31, 2026, cover both consolidated and standalone reporting.Financial Highlights (Consolidated)
The Group's total assets stood at 87,557.80 Lakhs as of March 31, 2026, compared to 87,773.81 Lakhs in the previous year. Total equity for the period reached 59,244.33 Lakhs.
The Company also reported significant strategic transactions during the year:
- Acquisitions: Crizac Limited acquired a 51.04 percent stake in Global Tree Careers Private Limited on January 7, 2026. The total consideration for this stake comprised Rs. 1,109.93 Lakhs paid to existing shareholders and Rs. 1,000.22 lakhs subscribed toward fresh equity shares. Separately, the Company acquired a 51.00 percent stake in Studies Planet.com Limited on October 23, 2025, for a total consideration of Rs. 444.47 lakh.
- Dividend: The board had previously declared an interim dividend on January 28, 2026, amounting to ¥ 8.00 per equity share of face value ¥ 2 each.
Balance Sheet Summary (In Lakhs)
The financial positions of the Company, as of March 31, 2026, show the following key metrics:Consolidated Balance Sheet
| Particulars | As at 31 March, 2026 (Audited) | As at 31 March, 2025 (Audited) |
|---|---|---|
| Property, Plant and Equipment | 3,222.05 | 1,090.30 |
| Goodwill | 2,435.85 | 592.55 |
| Other Intangible Asset | 4,512.34 | 5,543.51 |
| Trade Receivables | 23,851.21 | 25,640.35 |
| Total Assets | 87,557.80 | 87,773.81 |
| Total equity | 59,244.33 | 50,336.43 |
Standalone Balance Sheet
| Particulars | As at 31 March, 2026 (Audited) | As at 31 March, 2025 (Audited) |
|---|---|---|
| Property, Plant and Equipment | 2,666.87 | 1,090.30 |
| Other Intangible Asset | 2,812.84 | 5,120.95 |
| Trade Receivables | 7,968.94 | 805.21 |
| Total Assets | 57,220.40 | 54,113.35 |
| Total equity | 59,244.33 | 49,419.85 |
Cash Flow Statement Summary (In Lakhs)
The audited cash flow statements detail the movement of cash across operating, investing, and financing activities.Consolidated Cash Flow Statement
| Particulars | 31 March, 2026 (Audited) | 31 March, 2025 (Audited) |
|---|---|---|
| Net Cash Flow from Operating Activities | 14,413.68 | 18,358.25 |
| Cash Generated from/ (used in) Investing Activities | 2,429.45 | (14,529.67) |
| Net Cash Flow from Financing Activities | (15,110.71) | (0.75) |
| Net increase/(decrease) in Cash and Cash equivalent | 1,732.42 | 3,827.83 |
| Cash & Cash equivalent at the end of the year | 13,554.34 | 888265 |
Standalone Cash Flow Statement
| Particulars | 31 March, 2026 (Audited) | 31 March, 2025 (Audited) |
|---|---|---|
| Net Cash Flow from Operating Activities | 11,573.95 | 14,007.41 |
| Cash generated from/ (used in) Investing Activities | 2,76094 | (13,601.69) |
| Net Cash Flow from Financing Activities | (13,999.62) | (0.75) |
| Net increase/(decrease) in Cash and Cash equivalent | 336.37 | 404.97 |
| Cash & Cash equivalent at the end of the year | 13,554.34 | 888265 |
Earnings Overview
The Company's financial performance for the year ended March 31, 2026, saw the Total Income reach 107,111.84 Lakhs (Consolidated), while the Total Expenses stood at 78,390.12 Lakhs. The net profit after tax for the year was 21,918.01 Lakhs, corresponding to a total comprehensive income of 21,679.52 Lakhs.The annual financial statements confirmed the following primary financial metrics (In Lakhs):
| Particulars | Year Ended 31 March, 2026 | Year Ended 31 March, 2025 |
|---|---|---|
| Total Income | 107,111.84 | 88,546.58 |
| Total Expenses | 78,390.12 | 68,027.58 |
| Net Profit after Tax | 21,918.01 | 15,438.52 |
| Total Comprehensive Income | 21,679.52 | 16,627.86 |
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Note: The Company's primary business remains in International Student Recruitment. The reports indicate that the business of International Student Recruitment is seasonal in nature, meaning quarterly results may not be representative of the annual performance.
CRIZAC Stock Price Movement
As of 2:16 PM, Crizac Limited shares are surging, gaining 10.00% to reach ₹223.99 in live trading. This upward momentum is supported by brisk activity, with 696,125 shares traded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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