PhysicsWallah Shares Jump 5% After Alakh Pandey-Led Edtech Firm's Q2 Net Profit Rises 70% YoY, Revenue Up 26%

Shares of PhysicsWallah (PW) surged by more than 5% during Monday's trading session following the edtech firm's announcement of its first quarterly results post-IPO. The company reported a 70% year-on-year (YoY) increase in profit after tax (PAT) for the quarter ending September 30, 2025, boosting investor confidence in its growth story.

PhysicsWallah Share Price Today After Q2 Results Announcement

As of December 9, 2025, at 2:06 PM, PhysicsWallah Ltd (NSE: PWL) shares were trading at Rs 139.68, up Rs 1.24, or 0.90%, during today's session. The stock opened at Rs 142.75, reached an intraday high of Rs 145.60, and touched a low of Rs 137.80. Over the past 52 weeks, PhysicsWallah's shares have recorded a high of Rs 161.99 and a low of Rs 121.22.

PhysicsWallah Q2 Resuls FY2026: Net Profit Soars 70%, Revenue Up

PW's PAT for Q2 FY26 stood at Rs 69.7 crore, reflecting a profit margin of 7%, compared to Rs 41.1 crore in Q2 FY25. PhysicsWallah also reported a 26% YoY increase in revenue from operations, which rose to Rs 1,051.2 crore in Q2 FY26 from Rs 832.2 crore in the same quarter a year ago.

However, revenue declined slightly from Rs 1,847.1 crore recorded in the previous quarter, highlighting seasonal variations in the edtech business. Total expenses for the quarter increased by 25% to Rs 999.6 crore, up from Rs 800 crore in Q2 FY25 and Rs 1,054.2 crore in Q1 FY26.

Strong Cash Flow and Treasury Position

The company's free cash flow for H1 FY26 rose to Rs 6,441 million, compared to Rs 5,434 million in H1 FY25, reflecting improved operational efficiency. As of September 30, 2025, PhysicsWallah maintained a robust treasury of Rs 25,519 million, excluding proceeds from its IPO, reinforcing the company's financial stability.

PhysicsWallah Online and Offline Business Expansion

Both PW's online and offline segments contributed significantly to the revenue growth. The online business demonstrated strong traction with over 3.22 million enrollments in H1 FY26, a 20% increase from H1 FY25.

On the offline front, PhysicsWallah expanded its nationwide footprint by adding 128 new centres over the past year, bringing the total centre count to 314 in H1 FY26 from 186 a year ago. This expansion included 117 PW Vidyapeeth centres, 75 PW Pathshala centres, 53 other PW centres, and 69 subsidiary centres.

PhysicsWallah Faculty Strength and Operational Leverage

PhysicsWallah also reported a faculty base of 6,643 employees and consultants, strengthening its teaching and operational capacity. The company stated that the combination of online enrollments and offline centre expansion contributed to improved operating leverage and overall business stability.