Physicswallah share price
NSE: PWLBSE: 544609Other Consumer ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹124.62.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹34,846 Cr263rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 1,709.4
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹53 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 477.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 27 May 2026
- 7.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Nov 2025
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 14 Aug 2026
- 0.5%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹53 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 1.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- −1.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 27 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 72,44,99137.5% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 14 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,054 Crup 14.71%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹88 CrQuarter to Mar 2026: −₹69 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- −8.4%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
| ₹ crore | Jun 2025Filed 8 Dec | Sep 2025Filed 8 Dec | Dec 2025Filed 12 Feb | Mar 2026Filed 27 May | Jun 2026Filed 14 Aug |
|---|---|---|---|---|---|
| Revenue | 847 | 1,051 | 1,082 | 919 | 1,054 |
| Net profit | −127 | 70 | 102 | −69 | −88 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | −15.0% | 6.6% | 9.4% | −7.5% | −8.4% |
Business segments
In the year to Mar 2026 the company reports one business segment, Ed-Tech, which carries all its revenue. From the quarter to Jun 2026 it reports 3 businesses, by share of revenue: Online, 52.1%, Offline, 46.5% and Others, 1.4%.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
At or below today's level on 11% of 216 trading days since Dec 2025.
Mutual funds holding it
98 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 51 of the 59 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 8
- AddedAdded. Funds that held more shares than at the end of the month before.
- 51
- CutCut. Funds that held fewer shares than at the end of the month before.
- 8
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 30
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 1
| Fund | |||
|---|---|---|---|
 Nippon India Small Cap FundNippon India Mutual Fund | 3,30,86,819 | 0.50% | ₹408.6 Cr |
 Motilal Oswal Midcap FundMotilal Oswal Mutual Fund | 1,93,25,687 | 0.59% | ₹238.6 Cr |
 ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 1,79,82,078 | 0.44% | ₹222.0 Cr |
 360 One Focused Fund360 One Mutual Fund | 1,31,74,562 | 2.50% | ₹162.7 Cr |
| ICICI Prudential Technology FundICICI Prudential Mutual Fund | 92,31,021 | 0.91% | ₹114.0 Cr |
| ICICI Prudential Innovation FundICICI Prudential Mutual Fund | 88,52,917 | 1.45% | ₹109.3 Cr |
 Franklin India Focused Equity FundFranklin Templeton Mutual Fund | 80,00,000 | 0.95% | ₹98.8 Cr |
| Franklin India Opportunities FundFranklin Templeton Mutual Fund | 75,18,501 | 0.97% | ₹92.8 Cr |
 Helios Flexi Cap FundHelios Mutual Fund | 69,07,289 | 0.97% | ₹85.3 Cr |
 SBI Innovative Opportunities FundSBI Mutual Fund | 68,04,751 | 1.64% | ₹84.0 Cr |
Peers and competitors
Other Consumer Services, 48 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Physicswallah in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 SISSIS | 5,012 | 34.2 | 2.0 | 7.0 | +25.2% | +261.6% | 5.9% | 13.4% | 1.94% |
 Shanti Educational InitiativesSEIL | 2,577 | 443.4 | 33.6 | 401.2 | −11.8% | −15.5% | 7.9% | 5.7% | 0.00% |
 NIIT Learning SystemsNIITMTS | 2,543 | 9.9 | 1.6 | 6.5 | +21.7% | +18.0% | 18.6% | 16.0% | 1.77% |
 NIITNIITLTD | 1,005 | – | 0.9 | – | +11.8% | – | – | −3.7% | 1.36% |
 Vinsys IT Services IndiaVINSYS | 869 | 29.2 | 5.4 | – | +26.8% | −1.0% | 20.3% | – | 0.00% |
 Jaro Institute of Technology Management and ResearchJARO | 819 | 14.5 | 2.3 | 10.2 | – | – | 15.7% | 17.7% | 1.36% |
 Global EducationGLOBAL | 712 | 27.3 | 5.4 | 19.9 | +28.2% | +3.2% | 21.6% | 23.7% | 0.71% |
 Exhicon Events Media SolutionsEXHICON | 708 | 17.4 | 3.6 | – | +41.2% | +56.5% | 26.1% | – | 0.00% |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
4 Oct · Closure of operations
1 Oct · Options to purchase securities
Sep 2026
23 Sep · Analysts
Physicswallah share price by year
Each calendar year to 2025.Physicswallah share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 132.81 | – | 155.24 | 124.89 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 124.12 | 124.14 | 117.42 | 119.95 | 120.24 | 72,44,991 | 37.5% |
| 22 Oct 2026 | 125.54 | 125.54 | 121.55 | 124.62 | 123.62 | 57,82,583 | 37.6% |
| 21 Oct 2026 | 129.43 | 129.75 | 124.16 | 125.54 | 126.29 | 43,30,220 | 32.6% |
| 19 Oct 2026 | 133.78 | 136.20 | 129.10 | 130.02 | 131.18 | 30,63,106 | 45.3% |
| 16 Oct 2026 | 136.10 | 137.66 | 132.31 | 133.64 | 135.03 | 40,26,854 | 36.1% |
| 15 Oct 2026 | 139.20 | 140.80 | 135.20 | 136.33 | 137.62 | 24,57,673 | 26.7% |
| 14 Oct 2026 | 137.70 | 141.65 | 137.70 | 140.91 | 140.06 | 32,71,738 | 25.0% |
| 13 Oct 2026 | 139.00 | 140.43 | 137.63 | 138.91 | 138.95 | 29,99,196 | 22.0% |
| 12 Oct 2026 | 142.00 | 144.70 | 138.56 | 140.26 | 140.79 | 1,13,97,741 | 19.7% |
| 9 Oct 2026 | 140.31 | 144.90 | 135.05 | 143.69 | 140.92 | 1,40,48,838 | 16.6% |
About Physicswallah
Physicswallah Limited is an education company that offers online, offline and hybrid learning. Its courses cover school education (K-12), competitive examination preparation, higher education entrance examinations, upskilling programmes and professional certifications. Online courses are offered in 11 languages. The company had 18,977 employees at the end of March 2026.
The business runs through two channels. The online channel is built around the Physicswallah app and web platform. Alongside the app, it runs more than 320 YouTube channels. The offline and hybrid channel is a network of Vidyapeeth and Pathshala centres, which numbered 353 across 178 cities at the end of March 2026. The company also sells hardware devices and offers student financing services. Through its subsidiary Knowledge Planet Holdings Limited, it serves learners in the Gulf region. Its other subsidiaries include Guiding Light Education Technologies, Xylem Learning and Utkarsh Classes & Edutech, which provide access to specialised and regional education markets.
Alakh Pandey started the Physicswallah YouTube channel in 2014, from an initiative in Prayagraj. The company was incorporated in 2020. It became a public company in January 2025 and listed on NSE and BSE on 18 November 2025. It has acquired Utkarsh Classes, Xylem and Sarrthi IAS.
Prateek Boob, a whole-time director, is a promoter of the company. A promoter is the person or group that set up a company or controls it. The registered office is in Noida.
- Legal name
- Physicswallah Limited
- NSE symbol
- PWL
- BSE code
- 544609
- ISIN
- INE0LP301011
- Industry
- Other Consumer Services
- Listed
- Nov 2025
- Face value
- ₹1
- CIN
- L80900UP2020PLC129223
- Corporate identity number, the registrar of companies' code for it