PhysicsWallah’s Investment in FinZ Finance

PhysicsWallah has initiated an investment of Rs 120 crore into its fully-owned subsidiary FinZ Finance, marking a robust effort to expand into the financial services sector. The company’s audit committee has given the green light for the investment, which involves subscribing to up to 2.66 crore equity shares of FinZ Finance on a rights issue basis. This investment will be financed in cash at an issue price of Rs 45 per share.

The firm has indicated that this capital injection is intended to bolster the working capital requirements of FinZ Finance while facilitating the expansion of its operations.

Background of FinZ Finance

FinZ Finance was established in July 2024 and secured its non-banking financial company (NBFC) licence from the Reserve Bank of India in September 2025. The subsidiary began its operations in March of this year, providing financing, leasing, and hire purchase services tailored for consumers, individuals, and corporate clients.

PhysicsWallah’s Broader Business Strategy

This initiative illustrates PhysicsWallah’s strategy to diversify beyond its primary test-preparation offerings into adjacent markets that cater to consumers, particularly after its debut in the stock market. Earlier in the year, the company made a foray into the yoga and wellness sector by increasing its investment in Kay Lifestyle and Wellness, known for Kamya Yoga & Wellness. Additionally, backing FinZ Finance aligns with their goal to scale up their financial services division.

Recent Acquisitions and Investments

The Noida-based edtech firm is also in the process of acquiring a partial stake in Rojgar With Ankit. Moreover, in December of the previous year, the company enhanced its shareholding in both Xylem Learning and Utkarsh Classes.

Financial Performance

As PhysicsWallah prepares to announce its Q4 FY26 results, it’s noteworthy that during Q3 FY26, the company achieved a remarkable 34% year-on-year growth in operating revenue, reaching Rs 1,082 crore. Additionally, its profit surpassed the Rs 100 crore milestone during this quarter.

As of 1:37 PM today, shares of PhysicsWallah were trading at Rs 111.95, giving the firm a total market capitalisation of Rs 32,318 crore (approximately $3.4 billion).