Physicswallah Ltd
Physicswallah is an edtech company offering test preparation courses for various competitive examinations like JEE, NEET, UPSC, etc., and upskilling courses like Data science and analytics, banking and finance, software development, etc[1]
- Market Cap ₹ 38,766 Cr.
- Current Price ₹ 136
- High / Low ₹ 162 / 121
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -2.12 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Other Consumer Services E-Learning
Part of BSE IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 233 | 744 | 1,941 | 2,887 | |
| 99 | 766 | 2,098 | 2,688 | |
| Operating Profit | 134 | -22 | -157 | 199 |
| OPM % | 57% | -3% | -8% | 7% |
| 2 | 28 | -672 | -6 | |
| Interest | 0 | 21 | 65 | 85 |
| Depreciation | 4 | 75 | 298 | 366 |
| Profit before tax | 132 | -89 | -1,193 | -259 |
| Tax % | 25% | -6% | -5% | -6% |
| 98 | -84 | -1,131 | -243 | |
| EPS in Rs | 16.37 | -13.57 | -173.40 | -0.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 131% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 218 |
| Reserves | 100 | -189 | -1,252 | 472 |
| 0 | 956 | 2,461 | 1,831 | |
| 67 | 1,307 | 1,270 | 1,647 | |
| Total Liabilities | 173 | 2,080 | 2,485 | 4,168 |
| 27 | 1,121 | 1,464 | 1,586 | |
| CWIP | 6 | 5 | 0 | 9 |
| Investments | 24 | 205 | 173 | 1,401 |
| 116 | 748 | 848 | 1,172 | |
| Total Assets | 173 | 2,080 | 2,485 | 4,168 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 59 | 270 | 212 | 507 | |
| -58 | -1,076 | -43 | -1,513 | |
| 0 | 848 | -165 | 1,007 | |
| Net Cash Flow | 1 | 42 | 4 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 0 | 6 | 5 | 5 |
| Inventory Days | 174 | |||
| Days Payable | 398 | |||
| Cash Conversion Cycle | 0 | -217 | 5 | 5 |
| Working Capital Days | -82 | -214 | -111 | -88 |
| ROCE % | -15% | -37% | -2% |
Documents
Announcements
-
Intimation Under Regulation 8(2) Of The SEBI (Prohibition Of Insider Trading) Regulations 2015
19 Nov - Board-approved Code for fair disclosure of UPSI published; uploaded to investor-relations website on November 19, 2025.
-
Intimation Under Regulation 7(1) Of The SEBI (LODR) Regulations 2015 (SEBI Listing Regulations)
19 Nov - Appointed MUFG Intime India Pvt Ltd as Registrar & Share Transfer Agent, dated Nov 19, 2025.
-
Intimation Under Regulation 6(1) Of The SEBI (LODR) Regulations 2015 ( SEBI Listing Regulations)
19 Nov - Physicswallah appointed Ajinkya Jain as Company Secretary & Compliance Officer effective February 12, 2025.
-
Disclosure Under Regulation 30(5) Of The SEBI (LODR) Regulations 2015
18 Nov - Company names three authorised KMPs for materiality determinations and stock exchange disclosures, effective Nov 18, 2025.
-
Closure of Trading Window
18 Nov - Trading window closed Nov 18, 2025 until 48 hours after unaudited results for quarter/H1 ended Sep 30, 2025.
Business Profile[1][2]
PhysicsWallah is one of India’s leading edtech cos offering affordable education through online, offline, and hybrid formats. The company has diversified offerings across 13 education categories, including JEE, NEET, UPSC, and new-age upskilling domains such as data science, banking and finance, and software development.