āagmanLoginNot investment advice. Data and computed figures, for information only.
Physicswallah Ltd
₹133.64
−₹2.69 (−1.97%)
NSE · 16 Oct 2026, close
Market Cap
₹41,795 Cr
CMP
₹133.64
52-wk High / Low
₹162 / 78
P/E
684.0
P/B
11.2
Book Value
₹12.9
Div Yield
0.00%
ROCE
4.0%
ROE
−0.6%
Face Value
₹1
D/E
0.51
Price−13.9% over Max
āagman read
Computed by āagmanPiotroski F-Score
4
/ 9
4 of 9 F-score tests passed
ROIC
2.9%
vs 7.6% sector median
Cash flow to profit
−34.71
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+356
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
−0.6%
ROE × earnings retention ratio
ROE stability
53.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −1.03FII +0.45DII −0.34
Latest quarter vs the previous one
Cash-accrual divergence
−14.4%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
Watch-outs
−Latest ROCE of 4% trails the sector median of 13%
−Annualised volatility of 52.2% is in the high band (≥45%)
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 832 | 810 | 610 | 847 | 1,051 | 1,082 | 919 | 1,054 |
| Expenses | 698 | 626 | 838 | 923 | 870 | 846 | 890 | 1,111 |
| Operating Profit | 134 | 184 | −229 | −76 | 181 | 236 | 29 | −57 |
| OPM % | 16.1% | 22.7% | −37.5% | −9.0% | 17.2% | 21.8% | 3.2% | −5.4% |
| Other Income | 31 | 40 | 25 | 55 | 47 | 41 | 36 | 109 |
| Interest | 13 | 19 | 28 | 33 | 25 | 21 | 23 | 26 |
| Depreciation | 89 | 93 | 98 | 98 | 105 | 113 | 122 | 111 |
| Profit before tax | 62 | 111 | −330 | −152 | 99 | 144 | −81 | −84 |
| Net Profit | 41 | 77 | −289 | −127 | 70 | 102 | −69 | −88 |
| EPS (₹) | 7.42 | 15.11 | −1.34 | −0.55 | 0.33 | 0.35 | −0.26 | −0.27 |
Profit & Loss
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales | 233 | 744 | 1,940 | 2,887 | 3,900 | 4,106 |
| Expenses | 99 | 766 | 2,916 | 2,813 | 3,529 | 3,717 |
| Operating Profit | 134 | −22 | −975 | 73 | 370 | 389 |
| OPM % | 57.5% | −3.0% | −50.3% | 2.5% | 9.5% | 9.5% |
| Other Income | 2 | 28 | 146 | 120 | 179 | 233 |
| Interest | 0 | 21 | 65 | 85 | 102 | 94 |
| Depreciation | 4 | 75 | 298 | 366 | 437 | 450 |
| Profit before tax | 132 | −89 | −1,193 | −259 | 10 | 78 |
| Net Profit | 98 | −84 | −1,131 | −243 | −24 | 15 |
| EPS (₹) | 16.37 | −13.57 | −173.43 | −0.99 | −0.08 | 0.15 |
Balance Sheet
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 218 | 286 | — |
| Reserves | 100 | −189 | −1,253 | 472 | 3,411 | — |
| Borrowings | 0 | 956 | 1,687 | 1,831 | 1,876 | — |
| Other Liabilities | 67 | 1,307 | 2,040 | 1,647 | 2,125 | — |
| Total Liabilities | 173 | 2,080 | 2,481 | 4,168 | 7,697 | — |
| Fixed Assets | 27 | 1,121 | 1,464 | 1,586 | 1,830 | — |
| CWIP | 6 | 5 | 0 | 9 | 8 | — |
| Investments | 24 | 205 | 173 | 1,401 | 2,426 | — |
| Other Assets | 116 | 748 | 844 | 1,172 | 3,433 | — |
| Total Assets | 173 | 2,080 | 2,481 | 4,168 | 7,697 | — |
Cash Flows
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity | 59 | 270 | 212 | 507 | 833 |
| Cash from Investing Activity | −58 | −1,076 | −43 | −1,513 | −3,282 |
| Cash from Financing Activity | 0 | 848 | −165 | 1,007 | 2,755 |
| Net Cash Flow | 1 | 42 | 4 | 1 | 306 |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| ROCE % | — | −15.0 | −172.0 | −9.0 | 4.0 |
| ROE % | — | — | — | — | −0.6 |
| EPS (₹) | 16.37 | −13.57 | −173.43 | −0.99 | −0.08 |
| Book Value (₹) | — | — | — | — | 12.9 |
| Face Value (₹) | — | — | — | — | 1 |
| P/E | — | — | — | — | 684.0 |
| Div Yield % | — | — | — | — | 0.00 |
| NPM % | 41.7 | −10.9 | −54.2 | −8.1 | −0.6 |
| OPM % | 57.0 | −2.9 | −50.0 | 2.5 | 9.0 |
| D/E | 0.00 | — | — | 2.65 | 0.51 |
| P/B | — | — | — | — | 11.2 |
Growth
Compounded sales growth
3 years+74.0%
TTM+33.0%
Compounded profit growth
3 years+23.0%
TTM+125.0%
Return on equity
Last year−1.0%
Documents
Announcements
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSAnnouncement Under Regulation 30 (LODR)- Partial/Piecemeal Closure Of Loan Portfolio Of The Wholly Owned SubsidiaryAnnouncement Under Regulation 30 (LODR)- Grant Of Stock OptionsShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMAnnual reports
Annual Report 2026Corporate actions
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman