Crizac Ltd Share Price – NSE  / BSE

Education, Small Cap

Crizac announced a strategic investment in Edument Consultancy, the operator of ForeignAdmits, an Al-first student mobility platform that has served over 100,000 students and facilitated more than 1,500 crore in education loans. The investment, structured through Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS), marks a significant milestone in Crizac's ongoing evolution as a technology-led, full-stack student mobility platform, extending its reach into Al-powered financing and visa solutions that serve students at every stage of their journey.

With this investment, Crizac strengthens its ability to support students and counselling partners at the most consequential stages of the study-abroad journey: choosing a destination, securing financing, and clearing the visa, each powered by Al-enabled technology that delivers speed, accuracy, and scale. ForeignAdmits will continue to operate as an independent entity under its existing brand and management, preserving the organisational agility and student-first culture that underpins its growth.

Crizac has entered into definitive agreements to invest an aggregate amount of approximately Rs. 1,24,76,944/- in Edument Consultancy by way of acquisition of Compulsory Convertible Preference Shares (CCPS) and Compulsorily Convertible Debentures (CCD) from the existing investors, in one or more tranches, subject to terms and conditions contained in the definitive agreements.

Edument Consultancy is engaged in building and operating an AI-powered B2B platform that enables study abroad counselors, coaching institutes, and university partners to manage student admissions, education loan sourcing, visa readiness, for students seeking higher education overseas. It provides technology products, workflow automation tools, and allied services through a SaaS-based e-platform, serving 700+ counseling partners and 200+ university partners across 5+ countries, and has facilitated access to global education opportunities for over 100,000 students across India.

Net profit of Crizac rose 50.26% to Rs 75.04 crore in the quarter ended March 2026 as against Rs 49.94 crore during the previous quarter ended March 2025. Sales rose 15.02% to Rs 391.73 crore in the quarter ended March 2026 as against Rs 340.59 crore during the previous quarter ended March 2025.

For the full year,net profit rose 41.39% to Rs 219.14 crore in the year ended March 2026 as against Rs 154.99 crore during the previous year ended March 2025. Sales rose 22.68% to Rs 1042.16 crore in the year ended March 2026 as against Rs 849.49 crore during the previous year ended March 2025.

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Crizac will hold a meeting of the Board of Directors of the Company on 25 May 2026.