PhysicsWallah's shares up 5% today: Here we decode why
What's the story
PhysicsWallah's shares surged by over 5% during today's trading session. The spike came after the edtech firm reported a 70% year-on-year (YoY) increase in profit after tax (PAT) for the quarter ending September 30, 2025. The company's PAT stood at ₹69.7 crore with a profit margin of 7%, compared to ₹41.1 crore in Q2 FY25.
Performance
Revenue from operations sees significant growth
Along with the PAT, PhysicsWallah's revenue from operations also saw a significant jump of 26% YoY. The company's revenue for Q2 FY26 stood at ₹1,051.2 crore. Adjusted EBITDA reached ₹269.7 crore with a margin of 26%, higher than last year's 23%.
Financial stability
Cash flow and treasury position
PhysicsWallah generated free cash flow of ₹644.1 crore for H1 FY26, up from ₹543.4 crore in the same period last year. As of September 30, 2025, the company's treasury stood at ₹2,551.9 crore, excluding IPO proceeds. This financial stability has been a key factor in boosting investor confidence in the edtech company.
Growth strategy
User base and expansion
PhysicsWallah reported a total of 3.62 million paid users, up 21% from H1 FY25. The company also expanded its offline presence with 128 new centers in the last year. As of H1 FY26, PhysicsWallah had a total of 314 centers across India, compared to 186 in the same period last year.