# Crizac share price today (Crizac Ltd, NSE: CRIZAC)

> Crizac share price today: ₹157.02 at the NSE close on 4 November 2026, down 48.8% in a year. Crizac (NSE: CRIZAC) is worth ₹2,739 crore, trades at a P/E of 13.1 and has closed between ₹138.32 and ₹306.90 over the past 52 weeks. > Crizac Ltd's P/E is near the low end of its own history, higher than only 3% of past readings, and its quarterly results are still getting worse. CRIZAC · Platform - Education · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/crizac-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: ₹157.02 (−48.8% in a year)
- P/E: 13.1× (lower than 97% of the last 1 year)
- Revenue (Sep 2026): ₹103 Cr (−36.4% on a year ago)
- Profit (Sep 2026): ₹36.0 Cr (−25.0% on a year ago)
- Operating margin: 35.0% (−4.0 points on a year ago)
- ROCE: 52%, FY26
- ROIC: 39.8%, against a 12.0% cost of capital: +27.8 points
- Profit that came in as cash: 90%, last 3 years

The main question: yearly earnings per share moved +41.3% while the share price moved −48.8%. ## What is the Crizac share price today? Crizac Ltd's share price was ₹157.02 at the close on 4 November 2026. It has been falling for 51 weeks. That is 22.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹138 and ₹307, and at that close it sat 11% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running. Over the last 1 year the share price moved −53% while the NIFTY 500 moved −7%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Crizac this quarter? Two changes stood out: foreign funds (FIIs) cut their stake for 4 quarters in a row and operating margin down 4 points on a year earlier. 1. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 3.7% to 1.2% of the company by the September 2026 quarter. 2. Operating margin down 4 points on a year earlier 35% in the September 2026 quarter, from 39%. ## What dividend does Crizac pay? Crizac paid ₹8 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 5.09% at the ₹157.02 close on 4 November 2026. The last was an interim dividend of ₹8 a share, ex-date 4 February 2026. Next: ₹4 a share, ex-date 6 November 2026. ### Crizac dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 6 Nov 2026 (upcoming) | ₹4 | Interim |
| 4 Feb 2026 | ₹8 | Interim |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Crizac Ltd paid out 64% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 6 reported years. (From the NSE corporate-actions record, read 5 November 2026.)

## What are Crizac's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Crizac reported revenue of ₹103 crore, down 36.4% from ₹162 crore a year earlier, and a profit of ₹36.0 crore, down 25.0% from ₹48.0 crore. ### Crizac results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹103 crore | ₹162 crore | −36.4% |
| Profit | ₹36.0 crore | ₹48.0 crore | −25.0% |
| Earnings per share | ₹2.11 | ₹2.76 | −23.6% |
| Operating margin | 35.0% | 39.0% | −4.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 28 September 2026, about April to June 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Crizac share price history? Crizac closed at ₹157.02 on 4 November 2026, down 48.8% from ₹306.90 a year earlier (7 November 2025). Its highest weekly close since July 2025 was ₹366.95 on 5 September 2025. ### Crizac share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹138.56 | +13.3% |
| 1 month ago · 1 Oct 2026 | ₹166.89 | −5.9% |
| 6 months ago · 8 May 2026 | ₹217.88 | −27.9% |
| 1 year ago · 7 Nov 2025 | ₹306.90 | −48.8% |
| Earliest weekly close in our records · 11 Jul 2025 | ₹333.98 | −53.0% |
| Highest weekly close since July 2025 · 5 Sep 2025 | ₹366.95 | −57.2% |
| Lowest weekly close since July 2025, also the 52-week low · 23 Oct 2026 | ₹138.32 | +13.5% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹306.90 | −48.8% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (73 weekly closes from 11 July 2025 to 4 November 2026.)

## What is the latest news on Crizac? 6 Nov 2026: Coming up: ex-date for an interim dividend of ₹4 a share. 4 Nov 2026: Crizac closed at ₹157.02, up 13.3% on the week and down 5.9% on the month. ### Earlier

- Results for July to September 2026: Revenue down 36.4% and profit down 25.0% on a year earlier. - 28 Sep 2026: Crizac held its results call for April to June 2026. Management guided: FY27 operating revenue broadly flat versus FY26, reflecting a consolidation and capability-building year. - 4 Feb 2026: ex-date for an interim dividend of ₹8 a share. ## What did Crizac management say on the latest results call? On the call for April to June 2026, held on 28 September 2026, Crizac's management guided: FY27 operating revenue broadly flat versus FY26, reflecting a consolidation and capability-building year. > “We are ready to handle twice the number of applications that we process today, and we can very quickly increase our capacity to process all the students.”
> Prabhat Agrawal, on the call for April to June 2026

### What management guided

- Following FY27's consolidation year, normal revenue growth of 20-25%; operating profit and profit described as derived from revenue delivery. - Operating margin and profit margin to remain approximately at historically maintained levels. - Each acquisition or diversification requires 1-1.5 years to streamline and generate actual revenue. - Non-UK markets expected to grow exponentially once global turmoil eases; US contracts and relationships already in place. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/57984-28-Sep-2026.pdf). (From the call for April to June 2026, 28 September 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.)

## What to watch in Crizac's next results? When Crizac reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q2 operating performance versus the broadly flat FY27 framework - check whether deferred intakes recover through later cycles. - What to check (from the call)
- Q2 operating performance versus the broadly flat FY27 framework - check whether deferred intakes recover through later cycles. - Non-UK applications and enrolments - check whether US conditions ease and Dubai, Australia and New Zealand add measurable traction. - Quarterly margin near the historical level - check whether university mix continues to pressure revenue per student. - Larger acquisition activity - check for announced goals, university access and integration progress beyond stated intent. ## Which stock lists is Crizac on? Crizac is on 2 of our India lists: 52 week high & low and Dividend stocks. - [52 week high & low 52-week position: Near 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india)
- [Dividend stocks Regular dividend yield (%): 5.09](https://www.sectoralpha.in/dividend-stocks-india)

## Is Crizac profitable? Crizac Ltd earned ₹36.0 Cr of net profit in the Sep 2026 quarter, −25.0% on the same quarter a year earlier. Full-year FY26 profit was ₹219 Cr. Over 5 years profit has grown 59.8% a year on average. That is 35.0% of the quarter's revenue. The same quarter a year earlier earned ₹48.0 Cr. For the full year, FY26 profit was ₹219 Cr (+41.3% on the year before). Why profit moved: revenue changed −36.4% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +10.4% and revenue +0.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Crizac make, and is it growing? Crizac Ltd reported ₹103 Cr of revenue in the Sep 2026 quarter, −36.4% on the same quarter a year earlier. Over 5 years it has grown 56.5% a year on average. The last full year, FY26, came in at ₹1,042 Cr. The last four reported quarters add to ₹975 Cr. FY26 revenue was ₹1,042 Cr, +22.7% on the year before. Recent pace: the last four quarters grew +0.6% on average, against 56.5% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much of every ₹100 of sales does Crizac keep? Crizac Ltd's operating margin was 35.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 6 years it has been between 23.0% and 34.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −4.5 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Crizac's profit turning into cash? Over the last 3 years, 90% of Crizac Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹144 Cr of operating cash against ₹219 Cr of profit. After ₹54.0 Cr of spending on assets, ₹90.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 90% of profit came in as cash: the cash cycle got 44 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.1× depreciation over three years. The next section checks what that spending is building. ## Where does Crizac's cash go? Crizac Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 84 days in FY26, down from 128 days in FY21. It spent ₹180 Cr on assets over the last 3 years. At FY26 sales of ₹1,042 Cr, each day of that cycle ties up about ₹2.9 Cr, so roughly ₹240 Cr is tied up in the business at any time. Spending on assets: ₹180 Cr over the last 3 years, against ₹86.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Crizac's P/E ratio, and how does it compare with its own history? Crizac Ltd's P/E is 13.1×, near the low end of its own history: it has been lower only 3% of the time. Its usual P/E (the middle reading) is 20.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +41.3% while the price moved −48.8%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Crizac business getting better or worse? Crizac Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 7 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Crizac earn on its capital? Crizac Ltd earned a ROCE of 52% in FY26. That is up from a low of 49% in FY25. Its return on capital used (ROIC) is 27.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 21.0% net margin and 1.19× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 21.0% net margin × 1.19× asset turnover × 1.50× leverage (assets divided by equity) ≈ 37.5% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 39.8% − 12.0% = +27.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 39.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 85.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Crizac have too much debt? Crizac Ltd has total debt of ₹1.0 Cr against shareholder equity of ₹675 Cr as of Sep 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.00 in FY24 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Crizac shareholding pattern? Domestic institutions cut their stake in Crizac Ltd by 4.1 percentage points over 5 quarters, the biggest change among its owners. Domestic institutions now own 2.9% of the company. Foreign institutions moved −1.8 points over the same period, to 1.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −4.1 points over 5 quarters, to 2.9%; Foreign institutions: −1.8 points over 5 quarters, to 1.2%; Promoters: +0.0 points over 5 quarters, to 79.9%. Why the owners changed: domestic institutions drove it (−4.1 points), together with foreign institutions (−1.8 points). They reduced their stake. ## How far is Crizac from balance-sheet trouble? For Crizac Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Crizac rank in its industry? 57.4 out of 100, rank 1 of 3 in Platform - Education, with 75% of the evidence available. Crizac Ltd scores 57.4 out of 100 against the 3 companies it is compared with in Platform - Education, ranking 1. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 12.9 + 22 + 15 + 7.5 = 57.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Crizac compared with? Crizac ranks 1 of 3 Platform - Education companies on the 4-Factor Sector Score, with 57.4 out of 100. 1. Crizac Ltd this page CRIZAC · quiet · Evidence leans up · 75% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 4.7% · Profit 10.7% · Operating margin change -4 points · 100% evidence Capital efficiency 22.0/25 · ROCE 52.3% · Operating margin 35% · 100% evidence Valuation 15.0/20 · P/E 11.6× · PEG 0.34 · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.3% · 1 year -54.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.9 + 22 + 15 + 7.5 = 57.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 2. [Jaro Institute of Technol. Mgt. and Research Ltd](https://www.sectoralpha.in/stocks/jaro-institute-of-technol-mgt-and-research-ltd) JARO · quiet · Evidence leans up · 61% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 12.7% · Profit 33.3% · Operating margin change -2 points · 88% evidence Capital efficiency 22.2/25 · ROCE 22.1% · Operating margin 21% · 100% evidence Valuation 10.0/20 · P/E 12.8× · PEG n/a · 0% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -29% · 1 year -48.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.1 + 22.2 + 10 + 7.5 = 55.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Physicswallah Ltd](https://www.sectoralpha.in/stocks/physicswallah-ltd) PWL · turning · Too little evidence to rank firmly · 41% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.3/43.75 · Revenue 32.5% · Profit 100% · Operating margin change 4 points · 62% evidence Capital efficiency 3.8/31.25 · ROCE 4% · Operating margin -5% · 76% evidence Valuation 12.5/25 · P/E 614× · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.3 + 3.8 + 12.5 = 48.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Platform - Education](https://www.sectoralpha.in/sectors/platform-education), all 3 compared on one page. ## Which companies are close to Crizac in size? Crizac is the 2nd largest of 3 Platform - Education companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Physicswallah. Just below it: Jaro Institute of Technol. Mgt. and Research. ### Platform - Education companies close in size

1. [Physicswallah Ltd](https://www.sectoralpha.in/stocks/physicswallah-ltd) ₹37,519 crore
2. Crizac Ltd ₹2,425 crore
3. [Jaro Institute of Technol. Mgt. and Research Ltd](https://www.sectoralpha.in/stocks/jaro-institute-of-technol-mgt-and-research-ltd) ₹726 crore

[All 3 Platform - Education companies, largest first](https://www.sectoralpha.in/sectors/platform-education#all-companies)

### Companies close in size in other industries

1. [Kabra Extrusion Technik Ltd](https://www.sectoralpha.in/stocks/kabra-extrusion-technik-ltd) ₹2,431 crore · Capital Goods - Engineering Heavy
2. [Flair Writing Industries Ltd](https://www.sectoralpha.in/stocks/flair-writing-industries-ltd) ₹2,430 crore · Printing & Stationery
3. Crizac Ltd ₹2,425 crore
4. [Rishabh Instruments Ltd](https://www.sectoralpha.in/stocks/rishabh-instruments-ltd) ₹2,424 crore · Capital Goods - Electric General
5. [KMC Speciality Hospitals (India) Ltd](https://www.sectoralpha.in/stocks/kmc-speciality-hospitals-indialtd) ₹2,420 crore · Hospitals

## What else do people ask about Crizac? ### What is Crizac's share price today? Crizac Ltd's share price is ₹157.02, −48.8% over the past year. The whole company is worth ₹2,739 Cr on the market. In the last 52 weeks it traded between ₹138 to ₹307; today it is 11% of the way up from the low, 22.7% below its 200-day average (as of 4 November 2026). ### What were Crizac's latest quarterly results? Crizac Ltd reported revenue of ₹103 Cr and net profit of ₹36.0 Cr for the Sep 2026 quarter. Revenue fell 36.4% and profit fell 25.0% compared with a year earlier. Earnings per share were ₹2.11. The operating margin was 35.0%, 4.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is Crizac's market cap? Crizac Ltd's market capitalisation is ₹2,739 Cr at a share price of ₹157.02. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Crizac performing? Crizac Ltd's share price has been falling for 51 weeks. In its latest quarter, revenue fell 36.4% and profit fell 25.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 22 weeks running (as of 4 November 2026). ### Will Crizac's share price go up? This page does not forecast Crizac Ltd's share price. What it shows instead: the share price is ₹157.02, and it has been falling for 51 weeks. Its P/E of 13.1× is higher than 3% of its own last 1 years (as of 4 November 2026). ### Who owns Crizac? Promoters own 79.9% of Crizac Ltd, foreign institutions 1.2%, domestic institutions 2.9% and the public 16.0% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 4.1 percentage points over 5 quarters (as of 4 November 2026). ### Does Crizac have too much debt? No, Crizac Ltd has little debt: its debt is 0.00× its equity. FY26 borrowings were ₹2.0 Cr against equity of ₹585 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Crizac in its business cycle? Crizac Ltd's FY26 operating margin was 27.0%, against a 6-year range of 23.0% to 34.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 35.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Crizac story? The main question: yearly earnings per share moved +41.3% while the share price moved −48.8%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Crizac a stock worth studying right now? What the numbers show: Crizac Ltd's P/E is near the low end of its own history, higher than only 3% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Crizac share price forecast for 2026? What management itself guided: FY27 operating revenue broadly flat versus FY26, reflecting a consolidation and capability-building year. ## Lists

- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india
- Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india

This is research, not advice. We’re not SEBI-registered.