Integrated Filing — IndAS



General information about company
Scrip Code 544439
NSE Symbol CRIZAC
MSEI Symbol NOTLISTED
ISIN INE0S4R01014
Name of company CRIZAC LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 04-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment EDUCATION CONSULTANCY SERVICES
Start date and time of board meeting 04-Aug-2025   14:00:00
End date and time of board meeting 04-Aug-2025   14:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 666683000
Other income 79818000
Total income 746501000
2 Expenses
(a) Cost of materials consumed 11892000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 50194000
(e) Finance costs 29000
(f) Depreciation, depletion and amortisation expense 64588000
(f) Other Expenses
1 Limited Review Fees 500000 500000
2 Corporate Social Responsibilty 6177000 6177000
3 Technical Fee & IT Related expenses 735000 735000
4 Loss from Forward Contracts 43954000 43954000
5 Rental Expenses 3933000 3933000
6 Travelling and Conveyance Expenses 3856000 3856000
7 Other Expenses 7975000 7975000
Total other expenses 67130000
Total expenses 193833000
3 Total profit before exceptional items and tax 552668000
4 Exceptional items 0
5 Total profit before tax 552668000
6 Tax expense
7 Current tax 143694000
8 Deferred tax -1453000
9 Total tax expenses 142241000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 410427000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 410427000
17 Other comprehensive income net of taxes -8023000
18 Total Comprehensive Income for the period 402404000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 349965000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.35
Diluted earnings (loss) per share from continuing operations 2.35
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.35
Diluted earnings (loss) per share from continuing and discontinued operations 2.35
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. These unaudited standalone financial results of the Company have been prepared in accordance with the Indian Accounting Standards (IND AS) as notified by Ministry of Corporate Affairs pursuant to Section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standard) Rules, 2015, as amended and in terms of regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other accounting principles generally accepted in India. n n2. The unaudited standalone financial results for the quarter ended June 30, 2025 were reviewed by the Audit committee and approved by the Board of Directors at their respective meeting held on August 4, 2025. n n3. The Statutory auditors have carried out Limited review of the results for the quarter ended June 30, 2025. n n4. The business activity of the Company falls within one broad business segment viz. “Educational Consultancy”. There are no separate reportable segments under Ind AS 108 Operating Segments notified under the Companies (Indian Accounting Standard) Rules, 2015, as amended.  n n5. Other Expenses includes loss from forward contracts of Rs. 439.54 Lakhs, Nil, and Rs. 24.72 Lakhs for the quarter ended June 30, 2025, quarter ended March 31, 2025 and quarter ended June 30, 2024, respectively. The amount for the year ended March 31, 2025 is Rs. 179.81 Lakhs. n n6. The Company has formulated the 'Employee Stock Option Scheme “CRIZAC Employee Stock Option Plan 2024”  (herein referred as ESOP Scheme) pursuant to resolution passed by the  Board of Directors in their meeting held on March 21, 2024 and by shareholders in their meeting dated March 21, 2024 respectively. Under ESOP Scheme, Nomination and Remuneration Committee is authorised to grant 25,90,000 options to eligible employees of the Company in one or more tranches. Options granted under ESOP Scheme shall not vest earlier than a minimum vesting year of three years and not later than a maximum vesting year of five years from date of grant. The exercise year in respect of vested options shall be subject to maximum year of five years commencing from the date of vesting. The options granted under ESOP Scheme carry no rights to dividends and no voting rights till the date of exercise. The Company has recognised an expense of Rs. 35.34 Lakhs for the quarter ended June 30, 2025 in accordance with Ind AS 102 “Share Based Payments” on grant of 25,90,000 ESOPs granted during the quarter ended June 30, 2025. The carrying amount of employee stock options outstanding reserve as at June 30, 2025 is Rs. 35.34 Lakhs (June 30, 2024: Nil). n n7.Subsequent to the quarter ended June 30, 2025, the Company has completed its IPO of 3,51,02,040 equity shares of face value Rs. 2.00 each at an issue price of Rs. 245.00  per share (including a share premium of Rs. 243.00 per share) and as a result the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on July 9, 2025. The issue comprised of offer for sale of 3,51,02,040 equity shares by selling shareholders aggregating to Rs. 860 Lakhs. n n8.The figures of last quarter are the balancing figures between audited figures in respect of full financial year and the unaudited year to date figures up to third quarter of the financial year. Also, the figures for quarter ended June 30, 2024 and March 31, 2025, as reported in these unaudited standalone financial results have not been subjected to review by statutory auditor, and have been prepared by the management of the company, since the requirement of submission of quarterly reviewed financial results is applicable on listing of equity shares of the Company, which is from quarter ended June 30, 2025. 



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio Debt is negligible


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of Defined Benefit Plan -105000 -105000
2 Equity instruments measured at FVOCI -9270000 -9270000
Total Amount of items that will not be reclassified to profit and loss -9375000
2 Income tax relating to items that will not be reclassified to profit or loss -1352000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -8023000





Details of Impact of Audit Qualification
Whether results are audited or unaudited
Declaration of unmodified opinion or statement on impact of audit qualification
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto