What is the share price of Physicswallah Ltd (PWL) today?
The share price of PWL as on 11th September 2026 is ₹136.10. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Physicswallah Ltd (PWL) share?
The past returns of Physicswallah Ltd (PWL) share are- Past 1 week: 8.71%
- Past 1 month: 6.44%
- Past 3 months: 28.46%
- Past 6 months: 63.64%
- Past 1 year: -12.33%
- Past 3 years: N/A%
- Past 5 years: -12.33%
What are the peers or stocks similar to Physicswallah Ltd (PWL)?
The peers or stocks similar to Physicswallah Ltd (PWL) include:What is the market cap of Physicswallah Ltd (PWL) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Physicswallah Ltd (PWL) is ₹39481.07 Cr as of 11th September 2026.What is the 52 week high and low of Physicswallah Ltd (PWL) share?
The 52-week high of Physicswallah Ltd (PWL) is ₹161.99 and the 52-week low is ₹77.72.What is the PE and PB ratio of Physicswallah Ltd (PWL) stock?
The P/E (price-to-earnings) ratio of Physicswallah Ltd (PWL) is -1755.49. The P/B (price-to-book) ratio is 25.41.Which sector does Physicswallah Ltd (PWL) belong to?
Physicswallah Ltd (PWL) belongs to the Consumer Discretionary sector & Education Services sub-sector.How to buy Physicswallah Ltd (PWL) shares?
You can directly buy Physicswallah Ltd (PWL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Physicswallah Ltd
PWL Share Price
NSEPWL Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
PWL Performance & Key Metrics
PWL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 1,719.89 | 22.56 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 27.65 | 5.66 | 0.57% |
from 7 analysts
Price Upside
Earnings Growth
Rev. Growth
PWL Company Profile
Physicswallah Limited is an India-based education company offering test preparation and upskilling courses across 13 categories including JEE, NEET, foundation, competitive exams, and professional qualifications through online, offline, and hybrid delivery models.
PWL Sentiment Analysis
PWL Sentiment Analysis
PWL Stock Summary · June 2026
The call framed a clear financial turnaround, with revenue from operations reaching INR 3,900 crore (≈+35% YoY) and Pre‑Ind AS EBITDA expanding to INR 300 crore (about 3x FY25). Management struck an assertive tone, prioritizing faster online scale—online revenue grew 39% and now comprises 50.1% of sales with a ~55% target within three years—rapid AI productization and internal adoption, and an asset‑light K‑12 shift, while retaining capital optionality from a INR 5,027 crore treasury (including ~INR 2,300 crore of IPO proceeds). They highlighted concrete AI traction (AskAI >3M queries, AI Guru >100M questions, open‑sourced 4B model and a planned 20B Aryabhatta 2.0) and efficiency gains (≈91% of engineering code AI‑assisted; AI voice agents cutting call costs ~75%). Offline performance is recovering—offline revenue ≈INR 1,775 crore, enrollments +42%, margin improved from -19% to just under -10% with near‑profitability aimed for FY27 and a steady‑state offline margin target of 13%–15%. Management guided FY27 revenue growth above ~30%, EBITDA improvement of over 100% and a return to full‑year PAT profitability, noting quarter‑to‑quarter seasonality caveats.
PWL Stock Growth Drivers
PWL Stock Growth Drivers
6Financial turnaround and profitability momentum
The company delivered a marked financial recovery in FY26, reporting revenue of INR 3,900 crore
Rapid scale in students, online mix and monetization
Scale and monetization gains are driving top-line strength and improved unit economics: paid enrollments rose
PWL Stock Challenges
PWL Stock Challenges
3Deterioration in Revenue Quality from Mix Shift to Lower‑ARPU Courses
The company’s blended ARPU is weakening because high‑ARPU offline offerings are losing their enrollment share
Monetization Ceiling Due to Persistent Affordability Constraints
Although premium offerings drove reported ACPU improvement of >11% and ARPU growth of ~12%, a
PWL Forecast
PWL Forecasts
Price
Revenue
Earnings
PWL Share Price Forecast
PWL Share Price Forecast
All values in ₹
All values in ₹
PWL Company Revenue Forecast
PWL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
PWL Stock EPS (Earnings Per Share) Forecast
PWL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
PWL
PWL
Income
Balance Sheet
Cash Flow
PWL Income Statement
PWL Income Statement
| Quarter | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | jun 2026 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 660.25 | 862.79 | 849.26 | 666.80 | 902.17 | 1,098.41 | 1,147.09 | 983.64 | 1,162.81 | |||||||||
| Operating & Other expenses | 651.01 | 698.10 | 625.87 | 870.92 | 923.39 | 870.10 | 869.59 | 919.03 | 1,110.96 | |||||||||
| EBITDA | 9.24 | 164.69 | 223.39 | -204.12 | -21.22 | 228.31 | 277.50 | 64.61 | 51.85 | |||||||||
| Depreciation/Amortization | 86.57 | 89.01 | 92.97 | 97.87 | 97.63 | 104.69 | 113.19 | 121.88 | 110.67 | |||||||||
| PBIT | -77.33 | 75.68 | 130.42 | -301.99 | -118.85 | 123.62 | 164.31 | -57.27 | -58.82 | |||||||||
| Interest & Other Items | 24.84 | 13.32 | 19.47 | 27.69 | 33.18 | 24.76 | 20.66 | 23.29 | 25.50 | |||||||||
| PBT | -102.17 | 62.36 | 110.95 | -329.68 | -152.03 | 98.86 | 143.65 | -80.56 | -84.32 | |||||||||
| Taxes & Other Items | -43.19 | 17.82 | 19.31 | -36.58 | -31.58 | 26.53 | 43.14 | -5.67 | -6.75 | |||||||||
| Net Income | -58.98 | 44.54 | 91.64 | -293.10 | -120.45 | 72.33 | 100.51 | -74.89 | -77.57 | |||||||||
| EPS | 0.00 | 0.18 | 0.37 | -1.17 | -0.46 | 0.28 | 0.37 | -0.26 | -0.27 |
PWL Company Updates
PWL Stock Peers
PWL Past Performance & Peer Comparison
PWL Past Performance & Peer Comparison
Consumer DiscretionaryEducation Services
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Physicswallah Ltd | -1,558.53 | 22.56 | — |
| International Gemological Institute Ltd | 20.70 | 9.89 | 0.72% |
| Shanti Educational Initiatives Ltd | 562.65 | 42.73 | — |
| Niit Learning Systems Ltd | 12.75 | 2.05 | 1.42% |
PWL Stock Price Comparison
Compare PWL with any stock or ETFPWL Holdings
PWL Shareholdings
PWL Promoter Holdings Trend
PWL Promoter Holdings Trend
PWL Institutional Holdings Trend
PWL Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
PWL Shareholding Pattern
PWL Shareholding Pattern
PWL Shareholding History
PWL Shareholding History
Mutual Funds Invested in PWL
Mutual Funds Invested in PWL
No mutual funds holding trends are available
Top 5 Mutual Funds holding Physicswallah Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 1.0978% | Percentage of the fund’s portfolio invested in the stock 0.47% | Change in the portfolio weight of the stock over the last 3 months -0.10% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 203/271 (+6) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.6412% | Percentage of the fund’s portfolio invested in the stock 0.52% | Change in the portfolio weight of the stock over the last 3 months -0.05% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 33/33 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.5966% | Percentage of the fund’s portfolio invested in the stock 0.40% | Change in the portfolio weight of the stock over the last 3 months 0.12% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 153/290 (+4) |
Compare 3-month MF holding change on Screener
smallcases containing PWL stock
smallcases containing PWL stock
Looks like this stock is not in any smallcase yet.
PWL Events
PWL Events
PWL Dividend Trend
PWL has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
PWL Dividend Trend
PWL has not given any dividends in last 5 years
PWL Dividends
PWL Dividends
PWL Stock News & Opinions
PWL Stock News & Opinions
Physicswallah Limited, formerly Physicswallah Private Limited, announced the allotment of 41,22,180 fully paid-up equity shares of face value INR 1 each, following the exercise of vested stock options by eligible employees under the Physicswallah Limited Employees' Stock Option Plan, 2022. The allotment, approved by the board on September 10, 2026, increased the company’s paid-up share capital from INR 2,90,08,86,652 to INR 2,90,50,08,832, and involved 11,45,050 options exercised, realizing INR 11,45,050 for the company.
Physicswallah Limited informed the National Stock Exchange of India Limited and BSE Limited that Sandeep Singhal has resigned as a Non-Executive Nominee Director, effective August 19, 2026, due to other professional and personal commitments.
Physicswallah Ltd share price declined by 0.80% to Rs 117.2. The Company's net profit saw a strong growth of 27.68% to Rs 88.28 crore, while revenue from operations gained 14.71% to Rs 1053.95 crore in Q2FY26 over Q1FY26. The market capitalization of E-Learning industry group stocks on BSE stood at Rs 35994.62 crore, expanding by 15.14%. It has softened by 7.50% over last one week and moved up slightly by 4.70% in last one month while the market capitalization of Physicswallah Ltd has eased by 8.15% and 4.89% in the same period respectively. Profit before tax (PBT) of Physicswallah Ltd stood at Rs 84.32 crore in Q2 FY26, crashing by 44.54% year-on-year, and rising 4.67% quarter-on-quarter. EBITDA came in at Rs 166 crore, surging by 26.21% YoY and jumping 360.44% sequentially. Total expenses jumped by 20.72% to Rs 1221.52 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 35.47 crore, soaring by 46.57% YoY, while employee benefits expense was at Rs 528.33 crore, registering a growth of 8.55% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 48.74% to Rs 2886.64 crore, while net profit plunged by 78.49% to Rs 243.26 crore, compared to previous TTM. EBITDA saw a sharp decline of 98272% to Rs 78.92 crore, and PBT tanked by 78.32% to Rs 258.55 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 507.04 crore in FY26, as against Rs 212.03 crore in FY25. Physicswallah Ltd crashed 24.48% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.21% during the same period.
Physicswallah Limited announced it will acquire the remaining 10% stake in Bharat Innovations Global Private Limited from NSDC International Limited for no consideration, making Bharat Innovations Global Private Limited a wholly owned subsidiary. The acquisition will increase Physicswallah Limited’s shareholding in Bharat Innovations Global Private Limited from 90% to 100%, and is expected to be completed within six months. Bharat Innovations Global Private Limited, incorporated on November 26, 2024, is engaged in providing online and offline coaching and has a turnover of Rs 0.16 crore for the financial year 2025-26.
Physicswallah Limited, formerly known as Physicswallah Private Limited, announced that its Board of Directors approved the adoption of a new set of Articles of Association, replacing the existing ones, subject to shareholder approval and required regulatory approvals.
Physicswallah Limited announced the appointment of Mr. Anoop Kumar Mittal as an Additional Director in the category of Non-Executive Independent Director, for a term of five years with effect from August 14, 2026, subject to shareholder approval. Mr. Mittal, who holds a Ph.D. (Honoris Causa) from Singhania University, previously served as Chairman and Managing Director of NBCC (India) Limited from 2013 to 2019 and is not debarred from holding the office of Director by any regulatory authority.
Physicswallah Limited, formerly Physicswallah Private Limited, announced the appointment of M/s. Naresh Verma & Associates as its Secretarial Auditor for a term of five consecutive years, commencing from the conclusion of the 6th Annual General Meeting until the conclusion of the 11th AGM, subject to shareholder approval at the upcoming Annual General Meeting.
Physicswallah Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, according to a regulatory filing. Trading in the company's securities for designated persons and their immediate relatives will be closed until Sunday, August 16, 2026, following the declaration of the financial results.
Physicswallah has allotted 44,94,276 equity shares under ESOP on 20 June 2026. Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from Rs. 2,89,63,92,376 to Rs. 2,90,08,86,652.
Physicswallah has allotted 77,91,768 equity shares under ESOP on 10 June 2026. Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from Rs. 2,88,86,00,608 to Rs. 2,89,63,92,376.
In last 6 months, promoter holding in the company has decreased by 1.03%
Pledged promoter holdings is insignificant