Crizac Q1 FY27 earnings call: Revenue down 4%, FY27 outlook flat
CRIZAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Crizac Q1 FY27 revenue declined 4% YoY to INR 2,012 million due to unfavorable university mix. EBITDA was INR 600 million (margin 29.8%), PAT up 2.9% to INR 471 million. Company is debt-free with net cash of INR 5,695 million. FY27 outlook revised to flat compared to FY26. Two small acquisitions completed (ForeignAdmits, Innova). Q2 expected weak due to travel disruptions; recovery anticipated in Q3-Q4. EBITDA margin guided at 25-27% for full year. Minimum 40% dividend payout committed for 3 years.
Disappointing Q1 with FY27 guidance cut to flat. Slow growth and weak university mix may pressure stock despite strong balance sheet and dividend support.