Slide 1: Exchange filing cover letter
Date: May 25, 2026 To To National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, C-1, Block G, 1st Floor, Phiroze Jeejeebhoy Towers Dalal Bandra Kurla Complex, Bandra (E), Street Mumbai – 400001 Mumbai 400051 Scrip Code: 544439 Symbol: CRIZAC Sub: Copy of Investor Presentation un
Slide 2: Investor Presentation Q4 FY26 & FY26
crizac limited Investor Presentation Q4 FY26 & FY26
Slide 3: Safe Harbour Statement
SAFE HARBOUR STATEMENT This presentation may contain certain “forward-looking statements” within the meaning of applicable securities laws and regulations, which may include those describing the Company’s strategies, strategic direction, objectives, future projects and/or prospects, estimates etc. I
Slide 4: Company snapshot
Company snapshot One of India’s leading B2B Education Services Platform Financial Highlights Financial FY26 • Founded in 2011, Crizac Limited is a B2B global education platform Highlights FY26 • Connects students, recruitment agents, and universities across international markets ₹10,422 Mn • Headqua
Slide 5: Management commentary
Management commentary “FY26 was a year of strong progress for Crizac Limited, underpinned by effective execution across organic and inorganic growth initiatives. Revenue from Operations for the year stood at ₹10,422 Mn, reflecting YoY growth of 22.7%. For the fourth quarter, Revenue from Operations
Slide 6: Our journey
Our journey “What began as a vision in 2011 has evolved into a global journey, powered by Apr’26 our team’s passion and purpose.” Strengthened the NZ vertical through onboarding of the Medway Educational Consultant team Mar’26 Strategic Investment in AI Platform Edumentor July ‘25 Launched accommoda
Slide 7: Key Highlights
Key Highlights Profit and Loss Summary ₹ in millions Operating Income EBITDA1 PBT PAT2 Q4 FY26 3,917 939 929 750 Growth (YoY) 15.0% 42.8% 49.7% 50.3% Margin 24.0% 23.3% 18.8% FY26 10,422 2,824 2,872 2,191 Growth (YoY) 22.7% 31.0% 40.0% 41.4% Margin 27.1% 26.8% 20.5% 1.EBITDA is calculated as profit
Slide 8: Our Business model
Our Business model End-to-end support for students from application to admission Student Agent Crizac University Shares study Guides selection and Reviews applications and drives a Reviews abroad goals and prepares applications seamless admission journey by applications and academic profile through
Slide 9: Our Platform
OUR PLATFORM Agents Crizac’s Proprietary Platform Global Institutions Key Features Student Application Onboarding & Assessment AI Led Automated Profile Creation Dashboard & Reporting application Workflow Offer Letter Real-time dashboards with actionable insights and Application screening Engine perf
Slide 10: Source Countries
Source COUNTRIES Our global footprint spans 85+ source countries Key Source Countries • India • China • Vietnam • Nepal • Bangladesh • Nigeria • Sri Lanka • Ghana • Kenya • Peru • Columbia • Brazil
Slide 11: Destination countries & presence
Destination countries & presence Our global footprint spans across 11 Destination countries and Operational Presence across 10 countries Destination Countries • UK • Canada • USA • Australia • New Zealand • Ireland • Singapore • UAE • Germany • France • Malta Operational Presence • India • Columbia
Slide 12: FY26 Key operational highlights
FY26 Key operational highlights Performance Indicators Network Health & Engagement Top 10 Universities Top 10 Agents Number of Source Destination Operational Revenue Share Revenue Share Universities* Countries Countries Presence ₹ 6,827 Mn ₹ 50 Mn 198 85+ 11 10 65.5% of Revenue 0.5% of Revenue Count
Slide 13: FY26 Revenue bifurcation
fy26 Revenue bifurcation Detailed breakdown of revenue concentration Geography Student Origin Destination Country Source Country 2.0% 0.4% 0.6% 0.2% 16.4% 48.7% 34.7% 97.0% UK 97.0% India 48.7% Republic Of Ireland 2.0% Asia (excluding India) 34.7% Dubai 0.4% Africa 16.4% Others 0.6% Others 0.2% Tota
Slide 14: Profit & Loss Summary
Profit & Loss SUMMARY ₹ in millions Particulars Q4 FY26 Q4 FY25 YoY(%) Q3 FY26 QoQ(%) FY26 FY25 YoY(%) Operating Income 3,917 3,406 15.0% 2,786 40.6% 10,422 8,495 22.7% EBITDA1 939 658 42.8% 646 45.4% 2,824 2,156 31.0% EBITDA Margin (%) 24.0% 19.3% 467 bps 23.2% 79 bps 27.1% 25.4% 172 bps Other
Slide 15: Balance Sheet Summary
Key Highlights Balance (Cont.) sheet summary Balance Sheet Summary ₹ in millions Net Debt2/ Equity Net Debt2/ EBITDA Particulars Mar’25 Dec’25 Mar’26 Net Debt/ Equity Net Debt/EBITDA Total Equity 5,034 6,478 5,924 Mar'25 Dec' 25 Mar' 26 Mar'25 Dec' 25 Mar' 26 Borrowings 0 0 18 (1.66) Lease Liabiliti
Slide 16: Key Investment Highlights
KEY INVESTMENT hIGHLIGHTS 01 Structural Growth Drivers in Global Education 02 Strong Relationship With Global Institutions 03 Platform-Led Network Effects Driving Scalable Growth 04 Strong Management 05 Consistent Financial Delivery with Strong Cash Generation 06 Growth Drivers
Slide 17: Structural growth drivers in global education (1/3)
1.Structural growth drivers in global education (1/3) Global Education Market Global Education Sector Market Size $ TN1 Global Higher Education Enrolments1 $7.4 Tn 3.5% 5.8 6 7.4 332 By CY 30E CAGR CY24 – CY30E 5.6 254 218 181 Global Higher Education Market 2.4 100 1.8 1.9 1.9 50 67 $2.4 Tn 3.9% 33
Slide 18: Structural growth drivers in global education (2/3)
1.Structural growth drivers in global education (2/3) Industry Overview - United Kingdom Industry Overview - India Study Visa Granted 1 Course Pursued (CY25) 2 Students Pursuing Higher Education 4 Annual Average Study Abroad cost (₹ mn) 5 6.45% 2,500 CY 2023 CY 2028P 6,23,698 6,04,253 3.0 28.70% 1,6
Slide 19: Structural growth drivers in global education (3/3)
1.Structural growth drivers in global education (3/3) Compliance Favors Structure PLATFORM ADVANTAGE INDIA EMERGING AS A STRONG Policy Tightening • Stronger screening & documentation SOURCE MARKET1 Stricter regulations are reshaping international recruitment capabilities • G High-quality , complaint
Slide 20: Strong relationship with global institutions
2. Strong relationship with global institutions 400+ Relationship with Marquee Universities Institutional Partnerships Across Global Markets 5+ years of long-standing relationships across our Top 30 Universities Revenue Concentration Top 3 49% Top 5 55% Top 10 66%
Slide 21: Platform-Led Network Effect Driving Scalable Growth
3. Platform-Led Network Effect Driving Scalable Growth Every additional student, agent, and university strengthens the intelligence and efficiency of the platform Cross-sell opportunities across the ecosystem 01 More University Partners • Wider course & destination coverage • Better student matching
Slide 22: Backed by strong management (1/3)
4. BACKED BY STRONG management (1/3) Board of Directors Dr. Vikash Agarwal Manish Agarwal Chairman & Managing Director Whole Time Director & CFO ● 21+ years of experience with a Ph.D ● 15+ years of experience ● Key Promoter with a deep domain expertise in international ● An FCA and ICAI member, he h
Slide 23: Backed by strong management (2/3)
4. BACKED BY STRONG management (2/3) Strong Management Priya Fulfagar CS Kashish Arora Chief Operating Officer CS & Compliance Officer ● Associated since 2015 ● An ICSI Associate focused on governance, overseeing secretarial ● Deep expertise in managing and coordinating internal operations functions
Slide 24: Backed by strong management (3/3)
4. BACKED BY STRONG management (3/3) Strong Management Saurav Bhaduri Dishant Kharbanda Chief Strategy Officer Chief Innovation Officer ● 22+ years across technology, engineering & business growth ● Nearly 20 years in edtech and international education; founder of in the U.S. and India award-winning
Slide 25: Consistent Financial Delivery with Strong Cash Generation (1/2)
5. Consistent Financial Delivery with Strong Cash Generation (1/2) Revenue From Operations EBITDA1 & Margin PAT2 & Margin In Rs. Millions In Rs. Millions & Margin In Rs. Millions & % 30.1% 38.1% 25.0% 4,500 27.1% 4,500 25.4% 4,000 4,000 22.7% 3,500 3,500 21.7% 3,000 3,000 20.5% 2,500 2,500 2,000 2,0
Slide 26: Consistent Financial Delivery with Strong Cash Generation (2/2)
5. Consistent Financial Delivery with Strong Cash Generation (2/2) Profitability with Rising Shareholder Returns (FY26) Robust Operating Cash Flow Conversion 2,500 PAT Dividend NCOA NCOA/EBITDA 85% 2,000 79% 1,500 65% 56% 1,000 500 2,191 1,400 703 573 1,836 1,583 - FY23 FY24 FY25 FY26 FY26 Dividend
Slide 27: Growth Drivers (1/3) - Geographical diversification
6. GROWTH DRIVERS (1/3)- Expanding our geographical diversification Our Diversification Pillars “ Building a globally diversified portfolio for sustainable long-term growth “ Multi-Origin Destination Global Expansion Processing Diversification Presence Strategy Applications University On-ground oper
Slide 28: Growth Drivers (2/3) - Ancillary Revenue Layer
6. GROWTH DRIVERS (2/3)- Building an Ancillary Revenue Layer Services Live on our Platform Commencing Soon on our Platform EXPANDING BEYOND CORE Ancillary services are being developed in addition to student recruitment Accommodation Visa Student Insurance Forex Services Services Loans Services Servi
Slide 29: Growth Drivers (3/3) - Inorganic & Partnership Led Growth
6. GROWTH DRIVERS (3/3)- Inorganic & Partnership Led Growth Opportunities Building on its acquisition-led expansion strategy, Crizac continues to evaluate opportunities that enhance scale, technology capabilities, and market presence. Strategic Expansion Initiatives Inorganic Growth through Acquisit
Slide 30: ESG – Building Responsible Growth
ESG – BUILDING RESPONSIBLE GROWTH ENVIRONMENTAL SOCIAL GOVERNANCE Responsible Operations People & community Ethics, audit & compliance Ethical business conduct - continued strong emphasis on regulatory Waste segregation - wet and dry Employee well- being - periodic compliance and transparent reporti
Slide 31: Shareholding pattern as on 31st March 2026
Shareholding pattern as on 31st March 2026 79.9% Promoter & Promoter & Promoter Group 79.9% Promoter Groups Institutional 5.8% Investors 10.8% Others Retail & Non- 3.5% Institutions 14.3% Body Corporates 3.5% DIIs (MFs, AIFs, NBFCs) 2.3% FIIs MARQUEE INVESTORS HOLDING% o CARNELIAN FUNDS 1.9% o ALLIA
Slide 32: Active Participation in Industry Events & Trade Shows
Active Participation in Industry Events & Trade Shows Strengthening visibility via International fairs and public exhibitions Lima - British Education Fair Sao Paulo - British Education Fair Bogotá - British Education Fair Buenos Aires- British Education Fair
Slide 33: Active Participation in Industry Events & Trade Shows
Active Participation in Industry Events & Trade Shows Strengthening visibility via Domestic fairs and public exhibitions
Slide 34: Annexures
_ ANNEXURES
Slide 35: Corporate structure
Corporate structure Crizac Limited (India) Holding Company Subsidiary 51% Wholly Owned Subsidiary 100% Wholly Owned Subsidiary 100% Global Tree Careers Crizac Ltd UCOL Private Limited (United Kingdom) FZE Step down Subsidiary 51% Studies Planet.com Ltd
Slide 36: Key Performance Indicators
Key Performance Indicators Particulars FY24 FY25 FY26 Financial KPIs Revenue From Operations 6,349 8,495 10,422 Growth In Revenue From Operations During The Period 34.2% 33.8% 22.7% Cost Of Services 4,446 5,992 7,032 Cost Of Services As % Of Revenue From Operations 70.0% 70.5% 67.5% EBITDA1 726 2,15
Slide 37: Thank You!
Thank You! Company Secretary and Compliance Officer Investor Relations Advisor Kashish Arora Udit Sancheti Email: compliance@crizac.com Email: ir@uirtus.in