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Physicswallah Limited PWL NIFTY_SMALLNSE

Consumer Defensive · Education & Training Services · India
https://www.pw.live

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.

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₹106.72
-31.25% 1Y

Market & Price

Market Cap
₹30,518.64 Cr
Current Price
₹106.72
High / Low (52W)
₹155.24 / ₹79.56
Beta
-

Valuation

Stock P/E
-
Industry PE
23.47
Forward P/E
51.91
PEG Ratio
-
Book Value
₹2.18
Price to Book
48.95
P/S
7.83
EV/EBITDA
70.10
Dividend Yield
-

Profitability & Returns

ROCE
1.92%
ROE
-0.79%
ROA
-0.60%
Profit Margin
-0.58%
Op Margin
-10.48%
EPS (Latest Qtr)
₹-0.26
EPS (TTM)
₹-0.07

Balance Sheet & Liquidity

Debt/Equity
0.23
Quick Ratio
1.84
Current Ratio
2.90
Debt
₹1,052.11 Cr
Total Assets
₹7,676.80 Cr
Current Assets
₹5,419.58 Cr
Working Capital
₹3,553.30 Cr

Ownership

Promoter Holding
72.83%
Chg in Prom Hold
-
FII / Inst Holding
21.43%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹26,692.53 Cr
Total Revenue (TTM)
₹3,899.54 Cr
EBITDA
₹380.78 Cr
Free Cash Flow
₹-1,330.85 Cr
Operating Cash Flow
₹833.24 Cr
Shares Outstanding
₹285.97 Cr
Gross Margin
31.52%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
73.94%
Profit 5Y
24.13%
Revenue (YoY)
50.70%
Earnings (YoY)
-

PROS

  • Compounding revenue at 73.9% over 5 years.
  • Profit CAGR of 24.1% over 5 years.

CONS

  • Trading 31.2% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PWL Physicswallah Limited NIFTY_SMALLNSE 106.72 - ₹30,518.64 Cr - 1.92% -0.79% 73.94% 24.13%
2 HINDUNILVR Hindustan Unilever Limited NIFTY50NSE 2,153.50 47.62 ₹5.06 L Cr 2.04% 22.15% 21.60% 2.31% 14.12%
3 ITC ITC Limited NIFTY50NSE 286.90 17.39 ₹3.59 L Cr 5.58% 36.47% 29.34% 3.65% 2.54%
4 NESTLEIND Nestlé India Limited NIFTY50NSE 1,421.50 78.10 ₹2.74 L Cr 0.84% 59.30% 76.34% 17.01% 23.05%
5 DMART Avenue Supermarts Limited NSE 4,054.50 88.49 ₹2.64 L Cr - 16.41% 12.94% 17.21% 7.69%
6 VBL Varun Beverages Limited NSE 528.00 56.17 ₹1.79 L Cr 0.38% 19.44% - 17.26% 26.57%
7 TATACONSUM Tata Consumer Products Limited NIFTY50NSE 1,178.40 75.78 ₹1.17 L Cr 0.85% 8.29% 6.94% 13.87% 8.61%
8 MARICO Marico Limited NIFTY_MIDNSE 821.70 60.60 ₹1.06 L Cr 0.49% 39.00% 41.39% 12.00% 10.61%
9 GODREJCP Godrej Consumer Products Limited NSE 1,029.30 56.49 ₹1.05 L Cr 1.94% 21.44% 15.10% 4.59% 3.02%
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Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 809.68 Cr609.60 Cr842.09 Cr1,082.42 Cr918.80 Cr
Cost of Revenue 473.83 Cr541.84 Cr610.39 Cr658.59 Cr691.34 Cr
Gross Profit 335.85 Cr67.76 Cr231.70 Cr423.83 Cr227.46 Cr
Operating Expenses 241.30 Cr285.92 Cr402.49 Cr293.43 Cr323.75 Cr
Operating Income 94.55 Cr-218.16 Cr-170.79 Cr130.40 Cr-96.29 Cr
EBITDA 223.40 Cr-204.12 Cr-32.99 Cr277.50 Cr64.61 Cr
Interest Expense 19.47 Cr27.69 Cr21.41 Cr20.66 Cr23.29 Cr
Pretax Income 110.95 Cr-329.68 Cr-152.03 Cr143.66 Cr-80.56 Cr
Tax Provision 34.23 Cr-40.41 Cr-25.02 Cr41.38 Cr-11.42 Cr
Net Income 91.65 Cr-293.10 Cr-120.44 Cr100.52 Cr-74.89 Cr
Diluted EPS 0.32-1.02-0.420.36-0.26

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 740.96 Cr1,932.93 Cr2,886.64 Cr3,899.54 Cr
Cost of Revenue 477.66 Cr1,439.79 Cr2,037.29 Cr2,670.47 Cr
Gross Profit 263.30 Cr493.14 Cr849.35 Cr1,229.07 Cr
Operating Expenses 285.48 Cr948.66 Cr1,027.61 Cr1,285.68 Cr
Operating Income -22.18 Cr-455.52 Cr-178.26 Cr-56.61 Cr
EBITDA 6.31 Cr-830.26 Cr193.19 Cr549.20 Cr
Interest Expense 20.64 Cr64.14 Cr85.32 Cr101.89 Cr
Pretax Income -89.45 Cr-1,192.69 Cr-258.55 Cr9.92 Cr
Tax Provision -5.37 Cr-61.56 Cr-15.29 Cr34.09 Cr
Net Income -81.45 Cr-1,040.43 Cr-215.90 Cr-22.49 Cr
Diluted EPS -0.28-3.64-0.75-0.08

Compounded Sales Growth

5 Years:73.94%
1 Year:50.70%

Compounded Profit Growth

5 Years:24.13%
1 Year:-

Stock Price Performance

1 Year:-31.25%
6 Months:-21.29%
3 Months:+17.21%
1 Month:-1.71%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 2,082.18 Cr2,480.74 Cr4,156.38 Cr7,676.80 Cr
Current Assets 812.42 Cr715.23 Cr2,236.72 Cr5,419.58 Cr
Cash & Equivalents 48.98 Cr53.27 Cr53.71 Cr359.50 Cr
Inventory 22.70 Cr53.33 Cr77.03 Cr101.89 Cr
Receivables 12.67 Cr27.47 Cr41.54 Cr81.80 Cr
Total Liabilities 2,132.34 Cr3,652.96 Cr2,602.87 Cr3,106.04 Cr
Current Liabilities 509.88 Cr1,081.78 Cr1,431.60 Cr1,866.28 Cr
Long Term Debt 66.78 Cr34.14 Cr24.00 L20.00 L
Total Debt 569.99 Cr846.66 Cr996.66 Cr1,052.11 Cr
Total Equity -182.64 Cr-1,246.48 Cr1,524.55 Cr4,520.39 Cr
Shares Outstanding 285.97 Cr285.97 Cr285.97 Cr285.97 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 270.00 Cr212.03 Cr507.04 Cr833.24 Cr
Investing Cash Flow -1,075.52 Cr-42.92 Cr-1,513.24 Cr-3,282.50 Cr
Financing Cash Flow 847.60 Cr-164.65 Cr1,006.75 Cr2,755.05 Cr
Capital Expenditure -145.93 Cr-236.48 Cr-172.21 Cr-343.07 Cr
Free Cash Flow 124.07 Cr-24.45 Cr334.83 Cr490.17 Cr
Net Change in Cash 42.09 Cr4.45 Cr55.00 L305.79 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % 35.5%25.5%29.4%31.5%
Operating Margin % -3.0%-23.6%-6.2%-1.5%
Net Margin % -11.0%-53.8%-7.5%-0.6%
ROE % 44.6%83.5%-14.2%-0.5%
ROCE % -1.4%-32.6%-6.5%-1.0%

Shareholding Pattern

Insiders
72.83%
Institutions
21.43%
Public Float
78.87%

Analyst View

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