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Physicswallah Limited PWL NIFTY_SMALLNSE

Consumer Defensive · Education & Training Services · India
https://www.pw.live
Company Profile ↓
₹142.17
-8.42% 1Y
Mkt Cap₹40,656.25 Cr
P/B9.09
52W High₹155.24
52W Low₹79.56
Book Value₹15.81
EPS (TTM)₹-0.08

Company Overview

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.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 24.1% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 73.9% CAGR over the past five years.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.23.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹3,899.54 Cr (+35.1% YoY); net profit ₹-22.49 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +35.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR 73.9%, profit CAGR 24.1%.

Growth & Price Performance

Compounded Sales Growth

5 Years:73.94%
1 Year:35.09%

Compounded Profit Growth

5 Years:24.13%
1 Year:-

Stock Price Performance

1 Year:-8.42%
6 Months:+10.00%
3 Months:+34.82%
1 Month:+31.01%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot
52-Week Range 83% of range
₹79.56 ₹155.24
Trend Signals
  • Price vs 50-DMAAbove
  • RSI (14)64.03 · Neutral
Price Performance
1M+31.01%
3M+34.82%
6M+10.00%
1Y-8.42%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 73.9% over 5 years.
  • Profit CAGR of 24.1% over 5 years.
  • Generates positive free cash flow.

CONS

No notable concerns flagged.

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

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Valuation

Stock P/E
-
Industry PE
23.79
Forward P/E
69.06
PEG Ratio
-
Book Value
₹15.81
Price to Book
9.09
P/S
10.46
EV/EBITDA
97.26
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
73.94%
Profit 5Y
24.13%
Revenue (YoY)
35.09%
Earnings (YoY)
-

Profitability & Returns

ROCE
1.92%
ROE
-0.50%
ROA
-0.29%
Profit Margin
-0.58%
Op Margin
-1.45%
Gross Margin
31.52%
EPS (Latest Qtr)
₹-0.26
EPS (TTM)
₹-0.08

Balance Sheet & Liquidity

Debt/Equity
0.23
Quick Ratio
2.85
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
72.52%
Chg in Prom Hold
-0.11%
FII / Inst Holding
21.00%
Chg in FII Hold
0.09%

Financial Snapshot

Enterprise Value
₹40,656.25 Cr
Total Revenue (TTM)
₹3,899.54 Cr
EBITDA
₹549.20 Cr
Free Cash Flow
₹490.17 Cr
Operating Cash Flow
₹833.24 Cr
Shares Outstanding
₹285.97 Cr
Gross Margin
31.52%
Payout Ratio
0.00%

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 142.17 - ₹40,656.25 Cr 0.00% 1.92% -0.50% 73.94% 24.13%
2 HINDUNILVR Hindustan Unilever Limited NIFTY50NSE 2,115.10 33.05 ₹4.97 L Cr 2.05% 22.15% 30.86% 2.31% 14.12%
3 ITC ITC Limited NIFTY50NSE 276.25 16.73 ₹3.46 L Cr 5.68% 36.47% 28.53% 3.65% 2.54%
4 NESTLEIND Nestlé India Limited NIFTY50NSE 1,431.80 86.10 ₹2.76 L Cr 0.82% 62.44% 79.99% 17.01% 23.05%
5 DMART Avenue Supermarts Limited NSE 3,911.80 85.73 ₹2.55 L Cr 0.00% 16.41% 12.14% 17.21% 7.69%
6 VBL Varun Beverages Limited NSE 469.60 52.29 ₹1.59 L Cr 0.42% 19.44% 15.51% 17.26% 26.57%
7 BRITANNIA Britannia Industries Limited NSE 5,325.50 50.63 ₹1.28 L Cr 1.69% 61.27% 49.61% 5.66% 2.95%
8 MARICO Marico Limited NIFTY_MIDNSE 847.70 62.38 ₹1.10 L Cr 0.47% 38.75% 41.85% 11.82% 10.61%
9 GODREJCP Godrej Consumer Products Limited NSE 1,060.60 58.31 ₹1.09 L Cr 1.84% 21.44% 14.71% 4.59% 3.02%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 832.00 Cr809.68 Cr609.60 Cr842.09 Cr1,051.00 Cr1,082.42 Cr918.80 Cr
Cost of Revenue -473.83 Cr541.84 Cr610.39 Cr-658.59 Cr691.34 Cr
Gross Profit -335.85 Cr67.76 Cr231.70 Cr-423.83 Cr227.46 Cr
Operating Expenses 698.00 Cr241.30 Cr285.92 Cr402.49 Cr870.00 Cr293.43 Cr323.75 Cr
Operating Income 45.00 Cr94.55 Cr-218.16 Cr-170.79 Cr76.00 Cr130.40 Cr-96.29 Cr
EBITDA 134.00 Cr223.40 Cr-204.12 Cr-32.99 Cr181.00 Cr277.50 Cr64.61 Cr
Interest Expense 13.00 Cr19.47 Cr27.69 Cr21.41 Cr25.00 Cr20.66 Cr23.29 Cr
Pretax Income 62.00 Cr110.95 Cr-329.68 Cr-152.03 Cr99.00 Cr143.66 Cr-80.56 Cr
Tax Provision 21.08 Cr34.23 Cr-40.41 Cr-25.02 Cr28.71 Cr41.38 Cr-11.42 Cr
Net Income 41.00 Cr91.65 Cr-293.10 Cr-120.44 Cr70.00 Cr100.52 Cr-74.89 Cr
Diluted EPS 7.420.32-1.02-0.420.330.36-0.26

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 233.00 Cr740.96 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 99.00 Cr285.48 Cr948.66 Cr1,027.61 Cr1,285.68 Cr
Operating Income 130.00 Cr-22.18 Cr-455.52 Cr-178.26 Cr-56.61 Cr
EBITDA 134.00 Cr6.31 Cr-830.26 Cr193.19 Cr549.20 Cr
Interest Expense 020.64 Cr64.14 Cr85.32 Cr101.89 Cr
Pretax Income 132.00 Cr-89.45 Cr-1,192.69 Cr-258.55 Cr9.92 Cr
Tax Provision 33.00 Cr-5.37 Cr-61.56 Cr-15.29 Cr34.09 Cr
Net Income 98.00 Cr-81.45 Cr-1,040.43 Cr-215.90 Cr-22.49 Cr
Diluted EPS 16.37-0.28-3.64-0.75-0.08

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 173.00 Cr2,082.18 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 0569.99 Cr846.66 Cr996.66 Cr1,052.11 Cr
Total Equity 106.00 Cr-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 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 59.00 Cr270.00 Cr212.03 Cr507.04 Cr833.24 Cr
Investing Cash Flow -58.00 Cr-1,075.52 Cr-42.92 Cr-1,513.24 Cr-3,282.50 Cr
Financing Cash Flow 0847.60 Cr-164.65 Cr1,006.75 Cr2,755.05 Cr
Capital Expenditure -22.00 Cr-145.93 Cr-236.48 Cr-172.21 Cr-343.07 Cr
Free Cash Flow 37.00 Cr124.07 Cr-24.45 Cr334.83 Cr490.17 Cr
Net Change in Cash 1.00 Cr42.09 Cr4.45 Cr55.00 L305.79 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -35.5%25.5%29.4%31.5%
Operating Margin % 55.8%-3.0%-23.6%-6.2%-1.5%
Net Margin % 42.1%-11.0%-53.8%-7.5%-0.6%
ROE % 92.5%44.6%83.5%-14.2%-0.5%
ROCE % --1.4%-32.6%-6.5%-1.0%

Shareholding Pattern

Insiders
72.52%
Institutions
21.00%
Public Float
76.42%

Analyst View

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Latest News

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PWL — Frequently Asked Questions

What is the current share price of Physicswallah Limited (PWL)?

As of 2026-07-15 09:52 IST, Physicswallah Limited (PWL) trades at ₹142.17 on NSE. Its 52-week range is ₹79.56 to ₹155.24.

What is the market capitalisation of PWL?

Physicswallah Limited (PWL) has a market capitalisation of ₹40,656.25 Cr on NSE.

What is the return on equity (ROE) of PWL?

PWL has a return on equity (ROE) of -0.50%. Its return on capital employed (ROCE) is 1.92%.

Is PWL a good stock to buy?

This page provides a data-driven analysis of Physicswallah Limited (PWL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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