PWL · NSE
Physicswallah Limited
₹136.6
+6.89% (+₹8.8)
Prev. close
₹127.8
Volume
2,00,05,965
Delivery %
25.1%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Bullish on PhysicsWallah with a 'Buy' rating and a target price of Rs 200, implying a 60% upside. The brokerage describe…” | Motilal Oswal AnalysisMotilal Oswal Financial Services | PhysicsWallah | PENDING |
Fundamentals
About Physicswallah Limited
Physicswallah Limited offers test preparation courses and study materials. The company's test preparation courses, including joint entrance exam, national eligibility cum entrance test, and foundation; other-test preparation courses for other competitive entrance examinations for undergraduate and post-graduate studies, public administration jobs, and professional qualifications; and upskilling courses for students and professionals. It offers its courses through online channels, which includes its social media channels, website, and apps; hybrid centers, its two-teacher model where a student attends a live online classes at a physical center and can benefit from another faculty that is present at the center to resolve questions and participate in revision classes; offline centers where its faculty conducts live classes in a physical center. It also offers hospitality services. The company was incorporated in 2020 and is based in Noida, India.
Details
Sector
Consumer Defensive
Industry
Education & Training Services
CEO
Mr. Alakh Pandey
Headquarters
Noida
Employees
16,289
Website
pw.liveExchange
View on NSE ↗Key stats
Market cap
₹38,138.13 Cr
P/E ratio (TTM)
1643.4
EPS (TTM)
₹0.08
Beta (1Y · daily vs NIFTY 50)
0.69
Shares float
66.30 Cr
EPS · quarter ended Jun 2026
₹-0.27
Financial Performance
01 · Financials
FY23 growth needs FY22 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Debt/equity omitted where reported equity was zero or negative. Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹740.96 Cr | ₹1,932.93 Cr | ₹2,873.78 Cr | ₹3,899.54 Cr | |
| EBITDA | ₹6.31 Cr | ₹-830.26 Cr | ₹182.96 Cr | ₹533.11 Cr |
| ₹-81.45 Cr | ₹-1,040.43 Cr | ₹-215.90 Cr | ₹-22.49 Cr | |
| Diluted EPS | ₹-0.28 | ₹-3.64 | ₹-0.75 | ₹-0.08 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹2,082.18 Cr | ₹2,480.74 Cr | ₹4,156.37 Cr | ₹7,676.80 Cr | |
| ₹569.99 Cr | ₹846.66 Cr | ₹996.66 Cr | ₹1,052.11 Cr | |
| Stockholders' equity | ₹-182.64 Cr | ₹-1,246.48 Cr | ₹1,524.56 Cr | ₹4,520.39 Cr |
CWIP, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ₹270.00 Cr | ₹212.03 Cr | ₹507.04 Cr | ₹833.24 Cr | |
| Investing cash flow | ₹-1,075.52 Cr | ₹-42.93 Cr | ₹-1,513.24 Cr | ₹-3,282.50 Cr |
| ₹847.60 Cr | ₹-164.65 Cr | ₹1,006.75 Cr | ₹2,755.05 Cr | |
| Capital expenditure | ₹-145.93 Cr | ₹-236.48 Cr | ₹-172.21 Cr | ₹-343.07 Cr |
| End cash position | ₹48.82 Cr | ₹53.27 Cr | ₹53.71 Cr | ₹359.50 Cr |
Debt issued, Debt repaid, Dividends paid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Nov 25–Mar 26(3Q) | Jun 26 |
|---|---|---|
| Promoter | 72.30% | 71.27% |
| Public | 27.70% | 28.73% |
| Employee trusts | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Consumer Defensive
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Hindustan Unilever Limited | ₹4.56 L Cr | ₹1,932 | 43.7 | 9.36 | 30.9% | 0.03 | +5.3% | -25.3% |
| ITC Limited | ₹3.34 L Cr | ₹262.3 | 16.8 | 4.60 | 28.5% | 0.03 | +4.8% | -36.3% |
| Nestle India Limited | ₹2.67 L Cr | ₹1,383.3 | 69.9 | 66.52 | 80.0% | 0.29 | +19.6% | +14.1% |
| Avenue Supermarts Limited | ₹2.42 L Cr | ₹3,749.9 | 79.4 | 9.89 | 12.1% | 0.10 | +16.0% | -21.2% |
| Varun Beverages Limited | ₹1.41 L Cr | ₹421.95 | 41.5 | 7.18 | 15.5% | 0.13 | +7.1% | -10.9% |
| Britannia Industries Limited | ₹1.20 L Cr | ₹4,982 | 45.7 | 23.58 | 49.6% | 0.27 | +7.5% | -18.3% |
| Marico Limited | ₹1.06 L Cr | ₹803.9 | 56.0 | 25.19 | 41.9% | 0.13 | +26.2% | +11.7% |
| TATA CONSUMER PRODUCTS LIMITED | ₹98,978.89 Cr | ₹1,013.7 | 60.4 | 4.54 | 7.1% | 0.13 | +15.2% | -10.8% |
| United Spirits Limited | ₹98,697.70 Cr | ₹1,371 | 58.5 | 11.02 | 20.5% | 0.05 | +7.8% | +3.3% |
| Godrej Consumer Products Limited | ₹89,334.52 Cr | ₹880 | 46.6 | 7.06 | 14.7% | 0.35 | +8.5% | -28.9% |
| Dabur India Limited | ₹67,765.15 Cr | ₹384.55 | 34.7 | 5.93 | 16.6% | 0.11 | +5.2% | -28.1% |
| Physicswallah Limited | ₹38,138.13 Cr | ₹136.6 | 1643.4 | 8.44 | -0.5% | 0.23 | +34.9% | — |
Ranked by market cap within Consumer Defensive, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
27 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Physicswallah Q2 FY27 Preview: Losses & Swings
Physicswallah's Q2 FY27 results date is unconfirmed, but Indian regulations require publication by November 14, 2026. The ed-tech company's stock traded at Rs 128.72 on September 17, 2026, up 0.93%. Investors will watch for stabilization in operating profit and continued revenue growth, as the company has reported losses in three of the last five quarters.
PhysicsWallah Stock Rallies 5% After Block Deal, Motilal Oswal Sets ₹200 Target
PhysicsWallah shares rose 5.10% after a 4.14-million-share block deal. Motilal Oswal initiated coverage with a 'Buy' rating and a ₹200 target price, citing strong growth potential in the company's online business and its expanding offline network. The brokerage sees significant room for online education to grow in India.