Regulatory/Compliance Filing
Physicswallah Allots Shares Under ESOP
Physicswallah Limited allotted 14,70,708 equity shares following the exercise of vested employee stock options under its ESOP Plan 2022.
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Other Consumer Services
E-Learning
38,293 Cr
Low Risk
357.0
43.5
2.1
8.2
162.05
77.75
Sales CAGR
Profit CAGR
ROE
ROCE

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Bearish
2
Neutral
6
Bullish
6
Bearish
4
Neutral
6
Bullish
36
Bearish
2
Neutral
0
Bullish
30
Bearish
2
Neutral
0
Bullish
30
Bearish
2
Neutral
0
Bullish
30
Bearish
2
Neutral
0
Bullish
30
Regulatory/Compliance Filing
Physicswallah Limited allotted 14,70,708 equity shares following the exercise of vested employee stock options under its ESOP Plan 2022.
Other
Physicswallah Limited will host its first Investor Day on November 18, 2026, in Mumbai for institutional investors and analysts.
Earnings Call/Transcript
Physicswallah Limited filed the transcript of its Q2 FY27 earnings call held on November 4, 2026, covering unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
Physicswallah Ltd (PWL) is currently trading at 131.65 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Physics Wallah provides online, offline and hybrid coaching, study materials and test-preparation programs for JEE, NEET, government examinations, K-12, professional finance, civil services, GATE, MBA and other competitive exams. Its platform combines digital content, live classes, physical Vidyapeeth centers, books, skilling programs and emerging AI-enabled learning products. Physics Wallah delivered its highest-ever quarterly revenue of INR1,242 crore in Q2 FY2027, up 18% year-on-year, while Pre-Ind AS EBITDA rose 45% to INR233 crore. PAT doubled to INR142 crore, and first-half PAT turned positive at INR55 crore from a INR59 crore loss, indicating meaningful operating leverage despite NEET-related disruption. Physics Wallah is broadening beyond JEE and NEET: categories outside these exams contributed 73.8% of first-half enrollments versus 64.8% previously. Boards and CUET enrollments rose 130%, foundation enrollments increased 15%, vernacular enrollments grew 77%, and skills and earners programs expanded sharply, reducing dependence on its traditional flagship categories. Physics Wallah’s most consequential strategic initiatives are AI Tuto, multilingual live translation and PW Digital University. The company has formally established a greenfield digital university and plans affordable digital degrees integrated with test preparation and employability-focused skilling, creating a potential forward-integration pathway from school learners to higher education. Physics Wallah retained its full-year growth guidance despite delayed NEET results, weaker government-examination notifications and offline softness. Management expects online growth, crash courses, newer categories, cost efficiencies and selective acquisitions to offset the offline shortfall, while targeting full-year PAT positivity and substantial improvement in offline profitability.
Over the past 52 weeks, Physicswallah Ltd has traded between a low of ₹77.75 and a high of ₹162.05. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Physicswallah Ltd has a market capitalization of approximately 38,292.68. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Physicswallah Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 357.04 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 38,292.68 Cr, Physicswallah Ltd is classified as a Mid Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Physicswallah Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Physicswallah Ltd is 357.04. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
PW said the NEET result was released on 16 July, about a month late, which pushed demand from the first quarter into Q2. The resulting Q2 rebound did not fully repair the cycle, with full-cycle online enrolments still 13% below last year.
PW said AI Tuto could be priced at about twice the ACPU of its online batches. Management did not disclose the underlying ACPU or a final rupee subscription price, and said price discovery is still underway.
PW said the admission cycle for PW Digital University is planned for July 2027. Management also said preparation work would begin in the current year, but it did not provide an application-opening date or a class-start date.
PhysicsWallah reported revenue from operations of ₹1,242 crore in Q2 FY27. This was an 18% increase from ₹1,051 crore in the corresponding quarter of the previous year and was described as its highest quarterly revenue.