PhysicsWallah Reports Impressive Growth in Q1 FY27

PhysicsWallah has announced a remarkable 24.4% year-on-year rise in revenue from operations for the first quarter of FY27, while also managing to narrow its losses by 30.7% during this period. The company’s operational revenue rose to Rs 1,054 crore in Q1 FY27, a notable increase from Rs 847 crore recorded in Q1 FY26, as stated in its consolidated financial results obtained from the NSE.

Revenue Breakdown for Q1 FY27

The online segment played a significant role by contributing Rs 549 crore, reflecting a 33.3% growth compared to Rs 412 crore in Q1 FY26. Offline revenue also experienced a positive trend, rising 14.5% to reach Rs 490 crore, while income from other sources more than doubled to Rs 15 crore. Additionally, PhysicsWallah generated Rs 108 crore from other income, culminating in a total income of Rs 1,162 crore in Q1 FY27, an increase from Rs 902 crore in Q1 FY26.

Expenditure Overview

On the expenditure front, employee benefits constituted the largest cost at Rs 528 crore, marking a 15.8% rise year-on-year from Rs 456 crore. Depreciation costs surged by 12.7% to Rs 110 crore, while finance expenses saw a decline of 23.1%, reducing to Rs 25.5 crore. Overall, total expenditure escalated by 18.3% to Rs 1,247 crore in Q1 FY27, up from Rs 1,054 crore in the corresponding quarter of FY26.

Net Loss and Market Performance

The net loss for PhysicsWallah reduced by 30.7% to Rs 88 crore in Q1 FY27, down from Rs 127 crore in Q1 FY26. Comparatively, revenue from operations showed a sequential growth of 14.7%, reaching Rs 1,054 crore in Q1 FY27, up from Rs 918.80 crore in Q4 FY26. However, the net loss expanded by 27.7% from Rs 69.14 crore.

Market Capitalization and Recent Investment

At the conclusion of today’s trading session, the share price of the Noida-based company settled at Rs 117.12, reflecting a total market capitalization of Rs 34,274 crore (approximately $3.6 billion). In a strategic move, PhysicsWallah recently endorsed a Rs 71.8 crore investment in the UPSC coaching platform Sarrthi IAS, elevating its stake from 40% to 51%, thus converting it into a subsidiary. This acquisition is anticipated to enhance its foothold in the UPSC and civil services examination preparation sector as it broadens its scope beyond the core K12 and test preparation arena.