Physicswallah Limited
NSE: PWL · E-Learning · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 6 companies in E-Learning (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3,356 cr vs borrowings ₹10 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 1.8x in the last 12 months.
- Net loss in 2 of the last 4 quarters.
- Other income was 1,399% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹124.84 on 2026-10-26: -22.9% from the 52-week high, +60.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|
| Revenue | 1,051 | 1,082 | 919 | 1,054 |
| EBITDA | 181 | 213 | -0 | -57 |
| OPM % | 17.2% | 19.7% | -0.0% | -5.4% |
| Other income | 47 | 65 | 65 | 109 |
| Net profit | 72 | 101 | -75 | -78 |
| EPS (₹) | 0.28 | 0.37 | -0.26 | -0.27 |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 3,900 | 4,106 |
| EBITDA | 317 | 337 |
| Net profit | -22 | 20 |
| EPS (₹) | -0.08 | 0.12 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 4,520 |
| Borrowings | 10 |
| Cash & equivalents | 3,356 |
| Total assets | 7,677 |
| Fixed assets | 445 |
| Capital work in progress | 5 |
| Investments | 191 |
| Receivables | 82 |
| Inventory | 102 |
| Payables | 249 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | 833 |
| Cash from investing | -3,282 |
| Cash from financing | 2,755 |
| Capex | 343 |
| Free cash flow | 490 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | -0.5% |
| ROCE % | 2.5% |
| Debtor days | 8 |
| Inventory days | 226 |
| Payable days | 550 |
| Cash conversion cycle (days) | -316 |
| Working capital days | 333 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 71.17% |
| FIIs | 10.68% |
| DIIs | 14.89% |
| of which Mutual funds | 7.00% |
| of which Insurance | 0.91% |
| Government | 0.00% |
| Public (non-institutions) | 3.25% |
| Quarter | Nov 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|
| Promoters % | 72.30% | 72.30% | 72.30% | 71.27% | 71.17% |
| Promoter group | % |
|---|---|
| Prateek Boob | 35.59% |
| Alakh Pandey | 35.59% |
| Satish Pandey | 0.00% |
| Rajat Pandey | 0.00% |
| Shivani Dubey | 0.00% |
| Aditi Pandey | 0.00% |
| Pragyan Dubey | 0.00% |
| Jina Dubey | 0.00% |
| Suyash Dubey | 0.00% |
| Himani Dubey | 0.00% |
| Pallavi Dubey | 0.00% |
| Avantika Dubey | 0.00% |
| Harish Kumar Boob | 0.00% |
| Damayanti Boob | 0.00% |
| Ekta Shankarbhai Kabra | 0.00% |
| Public holders above 1% | % |
|---|---|
| Westbridge AIF I | 5.36% |
| Hornbill Capital Partner Limited | 3.96% |
| GSV Ventures Fund III, L.P. | 2.15% |
| ICICI Prudential Aggressive Hybrid Fund | 1.46% |
| Nippon Life India Trustee Ltd-a/c Nippon India Small CAP Fund | 1.32% |
| Setu AIF Trust | 1.13% |
1,77,165 shareholders. Pledged: – of promoter shares.
Peers in E-Learning
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Online | ₹549 cr | 52.1% | ₹70 cr | 12.7% |
| Offline | ₹490 cr | 46.5% | ₹-105 cr | -21.4% |
| Others | ₹15 cr | 1.4% | ₹-6 cr | -39.6% |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | E-Learning |
| Sub-industry | E-Learning |
| Symbol | PWL |
| BSE code | 544609 |
| ISIN | INE0LP301011 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.