About Physicswallah Limited
Data last updated: 08 July 2026
Physicswallah Limited is a public limited company based in Dadri, Uttar Pradesh, India, recognised as a startup by DPIIT. It specialises in test prep and competitive exam coaching, a part of the broader education sector. Incorporated on 06 June 2020, the company has been in operation for over 6 years.
Registered with ROC Uttar Pradesh under CIN U80900UP2020PLC129223.
Capital: an authorised share capital of ₹1,012 Cr and a paid-up capital of ₹289.64 Cr. It is led by directors including Alakh Pandey and Prateek Boob.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Dadri, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,039.09 Cr, a growth of 51% compared to the previous year.
The company has a workforce of approximately 13,477 employees as per the latest available data. Its group structure includes 6 subsidiaries.
The company is associated with 2 brands - Pw Skills, Physics Wallah. As per MCA filings, the company has open charges of ₹120.84 Cr and satisfied charges of ₹100.32 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pw.live.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Apps
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Registered AddressPlot No. B – 8 Tower A, 101 – 119 Noida One, Dadri, Uttar Pradesh, India – 201309
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IndustryEducation, Test Prep & Competitive Exam Coaching
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Physicswallah Limited
Physicswallah Limited has one previous CIN (Corporate Identification Number): U80900UP2020PTC129223. The current CIN is U80900UP2020PLC129223, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80900UP2020PLC129223 | Current |
| U80900UP2020PTC129223 | Previous |
Associated Brands with Physicswallah Limited
Physicswallah Limited operates two associated brands: PW Skills and Physics Wallah. These brands represent Physicswallah Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Functions as an online learning platform for skill enhancement and education. | pwskills.com | |
| Online educational resources and test preparation for exams are provided. | pw.live |
Competitors & Alternatives of Physicswallah Limited
Brands and companies operating in the same space as Physicswallah Limited include upGrad, Coursera, MasterClass and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
upGrad
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Professional certification training courses are provided via an online platform. | Mumbai, India, India | 2015 |
Coursera
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An online platform for multi-course education is operated. | Mountain View, United States, United States | 2012 |
MasterClass
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Online courses in creative fields are delivered by celebrity experts. | San Francisco, United States, United States | 2012 |
Vedantu
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Live interactive K-12 tutoring platform is provided online. | Bengaluru, India, India | 2011 |
Great Learning
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Provides online learning programs for IT | Gurugram, India, India | 2013 |
Oda Class
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Online tutoring platform for k-12 students | Bengaluru, India, India | 2017 |
Filo
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On-demand one-to-one tutoring is connected between students and tutors. | Lewes, United States, United States | 2020 |
GoStudent
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Provider of online tutoring platform for K-12 students | Vienna, Austria, Austria | 2016 |
Varsity Tutors
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Live online tutoring and test prep platform is operated. | St. Louis, United States, United States | 2007 |
Degreed
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Cloud-based LMS platform tracks skills across industries. | Pleasanton, United States, United States | 2012 |
Auditor Details of Physicswallah Limited
Physicswallah Limited is audited by S.R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S.R. Batliboi & Associates LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Physicswallah Limited
Physicswallah Limited is currently managed by 8 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Alakh Pandey
Also directs:
Physicswallah Limited
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Whole-Time Director | 06 Jun 2020 | 6 Years 1 Months | Current |
| Prateek Boob | Whole-Time Director | 01 Jul 2020 | 6 Years 0 Months | Current |
|
Sandeep Singhal
Also directs:
Westbridge Advisors Llp, Safecrop Investments India Llp, Koyna Consultancy Services Llp and 5 more
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Nominee Director | 01 Mar 2025 | 1 Years 4 Months | Current |
|
Deepak Amitabh
Also directs:
Physicswallah Limited, Tourism Finance Corporation Of India Limited, Zuari Industries Limited and 1 more
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Director | 12 Feb 2025 | 1 Years 4 Months | Current |
|
Rachna Dikshit
Also directs:
Physicswallah Limited, Capital Small Finance Bank Limited, India Shelter Finance Corporation Limited and 4 more
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Director | 12 Feb 2025 | 1 Years 4 Months | Current |
| Nitin Savara | Director | 12 Feb 2025 | 1 Years 4 Months | Current |
Financials of Physicswallah Limited FY 2026 filings available
Physicswallah Limited reported revenue of ₹3,899.54 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹3,899.54 Cr |
| Other Income | ₹231.5 Cr |
| Total Income | ₹4,131.04 Cr |
| Cost of Materials Consumed | ₹101.86 Cr |
| Purchases of Stock-in-Trade | ₹78.5 Cr |
| Changes in Inventories | -₹15.48 Cr |
| Employee Benefit Expense | ₹1,905.98 Cr |
| Finance Costs | ₹101.89 Cr |
| Depreciation & Amortisation | ₹437.39 Cr |
| Other Expenses | ₹1,458.67 Cr |
| Total Expenses | ₹4,068.81 Cr |
| Profit Before Exceptional Items & Tax | ₹62.23 Cr |
| Exceptional Items | -₹52.57 Cr |
| Profit Before Tax | ₹9.66 Cr |
| Total Tax Expense | ₹34.09 Cr |
| Net Profit | -₹24.17 Cr |
| attributable to Owners | -₹22.49 Cr |
| attributable to NCI | -₹1.68 Cr |
| Other Comprehensive Income | ₹3.26 Cr |
| Total Comprehensive Income | -₹20.91 Cr |
| EBITDA (computed) | ₹601.51 Cr |
| Basic EPS | ₹-0.08 |
| Diluted EPS | ₹-0.08 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹7,676.8 Cr |
| Non-current Assets | ₹2,257.22 Cr |
| Current Assets | ₹5,419.58 Cr |
| Property, Plant & Equipment | ₹445.01 Cr |
| Inventories | ₹101.89 Cr |
| Trade Receivables | ₹81.8 Cr |
| Cash & Equivalents | ₹359.5 Cr |
| Equity (Net Worth) | ₹4,570.76 Cr |
| Equity Share Capital | ₹285.99 Cr |
| Borrowings (Non-current) | ₹20 Lakh |
| Borrowings (Current) | ₹10.3 Cr |
| Total Debt (computed) | ₹10.5 Cr |
| Current Liabilities | ₹1,866.28 Cr |
| Total Liabilities | ₹3,106.04 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹833.24 Cr |
| Investing Cash Flow | -₹3,282.5 Cr |
| Financing Cash Flow | ₹2,755.05 Cr |
| Capital Expenditure | ₹321.71 Cr |
| Free Cash Flow (computed) | ₹511.53 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹305.79 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹918.8 Cr | ₹1,082.42 Cr | ₹1,051.24 Cr |
| Other Income | ₹64.78 Cr | ₹64.51 Cr | ₹47.17 Cr |
| Total Income | ₹983.58 Cr | ₹1,146.93 Cr | ₹1,098.41 Cr |
| Cost of Materials Consumed | ₹24.2 Cr | ₹21.84 Cr | ₹27.12 Cr |
| Purchases of Stock-in-Trade | ₹45.78 Cr | ₹4.96 Cr | ₹6.48 Cr |
| Changes in Inventories | -₹9 Cr | -₹5.23 Cr | -₹5.35 Cr |
| Employee Benefit Expense | ₹486.71 Cr | ₹489.74 Cr | ₹473.06 Cr |
| Finance Costs | ₹23.29 Cr | ₹20.66 Cr | ₹24.76 Cr |
| Depreciation & Amortisation | ₹121.88 Cr | ₹113.19 Cr | ₹104.69 Cr |
| Other Expenses | ₹342.33 Cr | ₹334.72 Cr | ₹368.8 Cr |
| Total Expenses | ₹1,035.19 Cr | ₹979.87 Cr | ₹999.55 Cr |
| Profit Before Exceptional Items & Tax | -₹51.61 Cr | ₹167.06 Cr | ₹98.85 Cr |
| Exceptional Items | -₹29.01 Cr | -₹23.56 Cr | ₹0 |
| Profit Before Tax | -₹80.62 Cr | ₹143.5 Cr | ₹98.85 Cr |
| Total Tax Expense | -₹11.42 Cr | ₹41.38 Cr | ₹29.15 Cr |
| Net Profit | -₹69.14 Cr | ₹102.27 Cr | ₹69.71 Cr |
| attributable to Owners | -₹74.89 Cr | ₹100.52 Cr | ₹72.33 Cr |
| attributable to NCI | ₹5.75 Cr | ₹1.76 Cr | -₹2.62 Cr |
| Other Comprehensive Income | ₹1.51 Cr | -₹2.36 Cr | ₹2.64 Cr |
| Total Comprehensive Income | -₹67.63 Cr | ₹99.91 Cr | ₹72.35 Cr |
| EBITDA (computed) | ₹93.56 Cr | ₹300.91 Cr | ₹228.31 Cr |
| Basic EPS | ₹-0.26 | ₹0.37 | ₹0.28 |
| Diluted EPS | ₹-0.26 | ₹0.36 | ₹0.27 |
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹3,244.56 Cr |
| Other Income | ₹251.33 Cr |
| Total Income | ₹3,495.89 Cr |
| Cost of Materials Consumed | ₹90.86 Cr |
| Purchases of Stock-in-Trade | ₹65.64 Cr |
| Changes in Inventories | -₹18.64 Cr |
| Employee Benefit Expense | ₹1,709.31 Cr |
| Finance Costs | ₹93.12 Cr |
| Depreciation & Amortisation | ₹337.19 Cr |
| Other Expenses | ₹1,146.44 Cr |
| Total Expenses | ₹3,423.92 Cr |
| Profit Before Exceptional Items & Tax | ₹71.97 Cr |
| Exceptional Items | -₹87.74 Cr |
| Profit Before Tax | -₹15.77 Cr |
| Total Tax Expense | ₹24.15 Cr |
| Net Profit | -₹39.92 Cr |
| Other Comprehensive Income | ₹2.19 Cr |
| Total Comprehensive Income | -₹37.73 Cr |
| EBITDA (computed) | ₹502.28 Cr |
| Basic EPS | ₹-0.15 |
| Diluted EPS | ₹-0.15 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹7,783.97 Cr |
| Non-current Assets | ₹2,880.67 Cr |
| Current Assets | ₹4,903.3 Cr |
| Property, Plant & Equipment | ₹258.9 Cr |
| Inventories | ₹99 Cr |
| Trade Receivables | ₹55.39 Cr |
| Cash & Equivalents | ₹309.06 Cr |
| Equity (Net Worth) | ₹5,111.65 Cr |
| Equity Share Capital | ₹285.97 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹0 |
| Total Debt (computed) | ₹0 |
| Current Liabilities | ₹1,652.41 Cr |
| Total Liabilities | ₹2,672.32 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹820.86 Cr |
| Investing Cash Flow | -₹3,309.59 Cr |
| Financing Cash Flow | ₹2,775.72 Cr |
| Capital Expenditure | ₹174.14 Cr |
| Free Cash Flow (computed) | ₹646.72 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹286.99 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations | ₹735.94 Cr | ₹918.69 Cr | ₹895.85 Cr |
| Other Income | ₹67.56 Cr | ₹69.6 Cr | ₹50.77 Cr |
| Total Income | ₹803.5 Cr | ₹988.29 Cr | ₹946.62 Cr |
| Cost of Materials Consumed | ₹22.46 Cr | ₹19.5 Cr | ₹24.49 Cr |
| Purchases of Stock-in-Trade | ₹41.44 Cr | ₹8.86 Cr | ₹5.23 Cr |
| Changes in Inventories | -₹10.2 Cr | -₹9.75 Cr | -₹6.32 Cr |
| Employee Benefit Expense | ₹431.21 Cr | ₹444.83 Cr | ₹423.08 Cr |
| Finance Costs | ₹21.17 Cr | ₹18.32 Cr | ₹22.71 Cr |
| Depreciation & Amortisation | ₹91.86 Cr | ₹87.25 Cr | ₹81.34 Cr |
| Other Expenses | ₹285.45 Cr | ₹259.91 Cr | ₹277.72 Cr |
| Total Expenses | ₹883.39 Cr | ₹828.91 Cr | ₹828.25 Cr |
| Profit Before Exceptional Items & Tax | -₹79.89 Cr | ₹159.38 Cr | ₹118.36 Cr |
| Exceptional Items | -₹66.45 Cr | -₹21.29 Cr | ₹0 |
| Profit Before Tax | -₹146.34 Cr | ₹138.09 Cr | ₹118.36 Cr |
| Total Tax Expense | -₹14.58 Cr | ₹37.72 Cr | ₹29.25 Cr |
| Net Profit | -₹131.76 Cr | ₹100.37 Cr | ₹89.11 Cr |
| Other Comprehensive Income | -₹5 Lakh | ₹13.4 Lakh | ₹93.1 Lakh |
| Total Comprehensive Income | -₹131.81 Cr | ₹100.5 Cr | ₹90.04 Cr |
| EBITDA (computed) | ₹33.14 Cr | ₹264.95 Cr | ₹222.41 Cr |
| Basic EPS | ₹-0.46 | ₹0.37 | ₹0.34 |
| Diluted EPS | ₹-0.46 | ₹0.36 | ₹0.34 |
Shareholding Pattern of Physicswallah Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 72.30%, foreign institutional investors hold 11.56%, domestic institutional investors hold 13.46%, retail and other public shareholders hold 2.68% of Physicswallah Limited. The company had 194,993 shareholders on record.
| Mar 2026 | Dec 2025 | Nov 2025 | |
|---|---|---|---|
| Promoters | 72.30% | 72.30% | 72.30% |
| Public | 27.70% | 27.70% | 27.70% |
Board & Governance of Physicswallah Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Physicswallah Limited has 6 directors - 3 independent and 2 executive. The board is chaired by Deepak Amitabh.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Deepak Amitabh | Non-Executive - Independent Director · Chairperson | 2025-02-12 | 3 |
| Nitin Savara | Non-Executive - Independent Director | 2025-02-12 | 3 |
| Rachna Dikshit | Non-Executive - Independent Director | 2025-02-12 | 3 |
| Alakh Pandey | Executive Director · CEO | 2020-06-06 | 1 |
| Prateek Boob | Executive Director | 2020-07-01 | 1 |
| Sandeep Singhal | Non-Executive - Nominee Director | 2025-03-01 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Nitin Savara (Chairperson), Deepak Amitabh, Prateek Boob |
| Nomination and remuneration committee | Rachna Dikshit (Chairperson), Nitin Savara, Deepak Amitabh |
| Stakeholders Relationship Committee | Deepak Amitabh (Chairperson), Nitin Savara, Prateek Boob |
| Risk Management Committee | Rachna Dikshit (Chairperson), Nitin Savara, Prateek Boob |
| Corporate Social Responsibility Committee | Rachna Dikshit (Chairperson), Alakh Pandey, Prateek Boob |
Group Structure of Physicswallah Limited
Physicswallah Limited has 6 subsidiary companies. This group structure data is as of FY 2024. The corporate group structure reflects Physicswallah Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Utkarsh Classes & Edutech Private Limited | U72900RJ2018PTC063026 | - |
| Pw Foundation | U80300UP2022NPL160071 | - |
| Preponline Futurist Private Limited | U80902DL2020PTC366692 | - |
| Ineuron Intelligence Private Limited | U80902KA2019PTC126951 | - |
| Xylem Learning Private Limited | U80902KL2020PTC066136 | - |
| Penpencil Edu Services Private Limited | U80903DL2019PTC353446 | - |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Physicswallah Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2025 | Others | ₹16.99 Lakh | Open |
| 23 Jul 2025 | Citi Bank N.A. | ₹60 Cr | Open |
| 07 Feb 2025 | Others | ₹41.55 Lakh | Open |
| 18 Dec 2024 | State Bank of India | ₹16 Cr | Open |
| 23 Nov 2023 | Others | ₹15 Cr | Open |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Physicswallah Limited
Physicswallah Limited has a workforce of 13,477 employees as of Feb 11, 2026.
Employee Count & EPFO Data of Physicswallah Limited
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GST Compliance of Physicswallah Limited
GSTIN & GST Filing Data of Physicswallah Limited
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Credit Ratings, Litigation & Regulatory Alerts for Physicswallah Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Physicswallah Limited
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MSME Payment Delays by Physicswallah Limited
MSME Payment Delays by Physicswallah Limited
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Subsidiaries & Group Companies of Physicswallah Limited
Subsidiaries & Group Companies of Physicswallah Limited
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MCA Filings & Documents of Physicswallah Limited
MCA Filings & Documents of Physicswallah Limited
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Recent Activity on Physicswallah Limited
Frequently Asked Questions about Physicswallah Limited
Physicswallah Limited is an active public limited company in the education sector based in Dadri, Uttar Pradesh, India. It was incorporated on 06 June 2020 (6+ years old) and is registered under CIN U80900UP2020PLC129223. The company has 13,477 employees.
Physicswallah Limited reported revenue of ₹3,039.09 Cr for FY 2025 (up 51.00% YoY).
The current directors of Physicswallah Limited are:
- Alakh Pandey
- Prateek Boob
- Sandeep Singhal
- Deepak Amitabh
- Rachna Dikshit
- Nitin Savara
- Amit Sachdeva
- Ajinkya Rajendra Bannore
The primary industry of Physicswallah Limited is education. The company specifically operates in test prep and competitive exam coaching. The company is currently active in this sector.
Yes, Physicswallah Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Physicswallah Limited can be reached at the registered office: Plot No. B – 8 Tower A, 101 – 119 Noida One, Dadri, Uttar Pradesh, India – 201309, or through the website pw.live.