| Revenue growth | 35% overall, 39% online. |
|---|---|
| Margins | EBITDA margin improving; offline margins moved from -19% to -10%. |
| Demand visibility | Strong, over 10 lakh new paid enrolments. |
| Management confidence | High, focused on online dominance and AI. |
Growth
FY26 revenue ₹3,900cr (+35% YoY); EBITDA ₹300cr (3x jump). Online revenue grew 39%.
Outlook
Guidance of >30% revenue growth for FY27; targeting full-year PAT profitability and breakeven in offline segment.
Risks
Impact of NEET exam cancellations on cyclic enrolment; high competition in offline markets.
Earnings Call filed with BSE, NSE: PWL. Summary written with AI assistance from the document.
Physicswallah Ltd: key numbers
- Share price
- ₹134.36
- Market cap
- ₹39,032 Cr
- Revenue (annual)
- ₹3,900 Cr
- Net profit (annual)
- ₹-22.49 Cr
- P/E (TTM)
- 1914.8×Sector 37.2×
- Promoter holding
- 71.27%-1.03% QoQ
- FII holding
- 12.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Physicswallah Ltd
All →Physicswallah Annual General Meeting
Physicswallah Limited concluded its 6th Annual General Meeting on September 25, 2026. Shareholders considered various ordinary and special business items during the proceedings.
Physicswallah Employee Stock Options
Physicswallah Limited allotted 41,22,180 equity shares to employees following the exercise of stock options under the ESOP Plan 2022.
Physicswallah Earnings Call Transcript: Key Takeaways
Physicswallah reported 24% revenue growth in Q1 FY27, driven by strong online performance despite a NEET-related offline enrollment delay. Management remains optimistic about achieving 30% annual revenue growth and break-even status for the offline business.
- Call
- Guides 30% growth
Physicswallah Q1 FY27 Results: Net Loss of ₹88 Cr, Loss Narrows
Physicswallah Ltd reported revenue from operations of ₹1,054 Cr (+24.4% YoY) and a net loss of ₹88 Cr for Q1 FY27.
- Key figure
- Net loss ₹88 Cr
Physicswallah Q1 FY27 Results: Net Loss of ₹88.3 Cr, Loss Narrows
Physicswallah Ltd reported revenue from operations of ₹1,054 Cr (+24.4% YoY) and a net loss of ₹88.3 Cr for Q1 FY27.
- Key figure
- Net loss ₹88.3 Cr
Physicswallah Earnings Call: Key Takeaways
Physicswallah delivered robust FY26 growth, balancing a 35% revenue jump with narrowing losses. Management is pivoting to an AI-first, asset-light model to drive FY27 profitability.