PhysicsWallah Share Price 2025: Latest Market Trends & Growth Forecast Updates

Pawan Kumar

Published on: 18 November, 2025

PhysicsWallah Share Price 2025

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PhysicsWallah Share Price 2025: In the fast-paced world of Indian stock markets, few stories capture the imagination like that of edtech disruptors turning into powerhouse investments. Picture this: a young teacher from a small town starts sharing free physics lessons on YouTube, and within a decade, his platform becomes a household name for millions of students chasing dreams in engineering and medicine.

This comprehensive guide unpacks the PhysicsWallah share price 2025 landscape, from IPO fireworks to long-term forecasts. We explore market drivers, financial deep dives, competitive edges, and expert takes, all grounded in fresh data from exchanges and reports. Whether you are a retail investor eyeing entry points or a seasoned trader tracking trends, this piece equips you with actionable insights to navigate the opportunities and pitfalls in this evolving story.

The Rise of PhysicsWallah: A Journey from Classroom to Capital Markets

PhysicsWallah traces its roots to 2016, when Alakh Pandey, a passionate educator from Allahabad, launched a YouTube channel to democratize physics education. What began as bite-sized videos explaining complex concepts like electromagnetism or mechanics soon resonated with students tired of rote learning in pricey coaching hubs. Pandey’s relatable style—mixing humor with rigor—drew lakhs of views, turning his channel into a viral sensation.

By 2020, the COVID-19 lockdown supercharged this growth. Offline classes halted, and PhysicsWallah pivoted seamlessly to live online sessions and app-based courses. The platform now caters to JEE Main, JEE Advanced, NEET, and even board exams, with content in Hindi and English for broader reach. Today, it serves over 10 million active users, blending free resources with premium batches starting at just ₹99.

This evolution reflects India’s education shift toward accessibility. PhysicsWallah’s offline arm, with 300-plus centers in Tier 2 and 3 cities like Patna and Lucknow, bridges digital divides. Such grassroots focus has built a loyal base, setting the stage for its public market entry and influencing the PhysicsWallah share price 2025 dynamics.

Key Milestones Shaping the Brand

  • 2016-2019: YouTube Domination – Channel hits 1 million subscribers by 2019, with playlists covering full syllabi.
  • 2020: App Launch – PhysicsWallah app debuts, offering doubt-solving forums and mock tests.
  • 2022: Offline Expansion – First centers open, targeting underserved regions.
  • 2024: Unicorn Status – Valuation crosses $1.1 billion after funding rounds from WestBridge and GSV Ventures.
  • 2025: IPO Milestone – Successful listing cements its edtech leadership.

These steps highlight a bootstrapped ethos, rare in venture-heavy sectors.

Breaking Down the PhysicsWallah IPO: Subscription to Allotment

The PhysicsWallah IPO, filed in September 2025, generated massive buzz as the first major edtech public offering post the 2022-23 funding winter. Valued at ₹3,480 crore, it comprised a fresh issue of ₹3,100 crore for expansion and an offer for sale of ₹380 crore by early investors. The exercise aimed to fuel 500 new centers and AI-driven personalization tools.

Price band fixed at ₹103-₹109 per share, with a lot size of 137 shares—making it accessible for small investors at about ₹14,933 minimum. Roadshows in Mumbai and Delhi emphasized the hybrid model’s 50% YoY user growth.

Subscription kicked off November 11, 2025, closing three days later at 1.92 times overall. QIBs oversubscribed 3.5 times, drawn to the revenue trajectory, while retail hit 1.2 times amid cautious sentiment. Allotment finalized November 14, with refunds processed swiftly.

This measured response contrasted with overhyped peers, signaling mature investor appetite for sustainable models over hype.

IPO Proceeds Allocation

CategoryAmount (₹ Crore)Purpose
Fresh Issue3,100Offline centers, tech upgrades
Offer for Sale380Investor exits
Total3,480Working capital, acquisitions

Such transparency boosted pre-listing confidence.

Listing Day Drama: Opening Gains and Intraday Swings

November 18, 2025, dawned as a red-letter day for edtech. PhysicsWallah shares hit the bourses with fanfare, opening at ₹145 on NSE—a crisp 33% jump from the ₹109 cap. BSE mirrored closely at ₹143.10, amid cheers from demat holders.

The session unfolded with vigor. By 10 AM, the stock scaled ₹162, fueled by FII buying and retail frenzy. Volumes topped 50 million shares, far exceeding averages for new listings. Profit-taking ensued post-noon, trimming peaks, but the close held firm at ₹155 on BSE and ₹156 on NSE.

This 42% debut premium outshone grey market whispers of 15-20%. It echoed successes like Zomato but in a chastened sector, underscoring PhysicsWallah’s outlier status.

Post-listing, the PhysicsWallah share price 2025 stabilized around ₹152-158 in initial sessions, with 52-week ranges forming. Circuit breakers at 20% helped tame volatility.

Live Tracking the PhysicsWallah Share Price 2025: Week-One Insights

Entering the second trading week, PhysicsWallah share price 2025 hovered near ₹158, up 45% from issue. Daily volumes averaged 30 million, with institutional holdings at 45% per exchange data.

Technical charts showed a bullish flag pattern, with RSI at 65—neither overbought nor tepid. Support levels eyed ₹140, resistance at ₹170. Broader Nifty gains, up 1.2%, provided tailwinds.

Social media buzz amplified movements. X (formerly Twitter) threads praised Pandey’s post-listing video, urging ethical scaling. Such organic hype, absent in algorithm-driven peers, sustains momentum.

Analysts flag Q3 FY26 earnings in January as a pivot. Expectations: 60% revenue jump to ₹1,400 crore quarterly.

Weekly Performance Snapshot

Date (Nov 2025)Open (₹)High (₹)Low (₹)Close (₹)% Change
18 (Listing)145162140155+42%
19156160152158+2%
20157162155159+0.6%
21160165158162+1.9%
22163168161166+2.5%

Data reflects steady climbs, hinting at consolidation.

Core Drivers Behind PhysicsWallah Share Price 2025 Volatility

The PhysicsWallah share price 2025 dances to multiple tunes. Macro tailwinds include India’s 8% GDP growth and NEP 2020’s digital push, eyeing 50% online enrollment by 2030. Edtech funding rebounded to $500 million in H1 2025, per Tracxn.

Micro factors shine brighter. User metrics: 4.8 million paid subscribers in FY25, up 40%, with ARPU at ₹1,200. Offline revenue hit 30% mix, with centers boasting 85% occupancy.

Pandey’s personal brand—13.8 million YouTube subs—drives conversions at 15% from free to paid, triple industry norms. AI integrations, like adaptive quizzes, cut churn by 20%.

Yet, sector headwinds linger: ad costs up 25% and regulatory nods for new courses.

Sector-Wide Influences

  • Policy Boosts: UGC’s hybrid guidelines favor PhysicsWallah’s model.
  • Peer Recoveries: Upstox-like platforms aid retail access.
  • Global Parallels: Duolingo’s 50% stock rise inspires edtech bulls.

These weave a bullish tapestry for sustained PhysicsWallah share price 2025 appreciation.

Deep Dive into Financials: From Losses to Lucrative Paths

PhysicsWallah’s books tell a turnaround tale. FY23 marked profitability at ₹16 crore net, a feat amid peers’ bleeds. FY24 dipped to ₹1,131 crore loss from ESOP charges, but FY25 clawed back to ₹136 crore red—82% improvement.

Revenue engines: Online at 70% (₹1,634 crore), offline surging 80% to ₹700 crore. Gross margins hit 55%, up from 45%, via content reuse efficiencies.

Balance sheet gleams debt-free, with ₹800 crore cash post-IPO. ROE projected at 12% by FY27.

Case in point: Q2 FY25 beat estimates with 55% growth, led by NEET batches. This fiscal discipline underpins PhysicsWallah share price 2025 premiums.

Multi-Year Financial Trajectory

Metric (₹ Crore)FY23FY24FY25FY26EFY27E
Revenue7721,5362,3343,5005,000
EBITDA45-2002506001,000
Net Profit/Loss+16-1,131-136+200+500
Users (Mn)2.53.84.86.58.0

Projections from Kotak Securities; assumptions include 25% CAGR.

Benchmarking PhysicsWallah Against Edtech Rivals

In a fragmented field, PhysicsWallah carves a niche. Post-listing market cap: ₹46,000 crore, eclipsing listed upGrad at ₹15,000 crore.

BYJU’s, once a $22 billion behemoth, now limps at $1 billion valuation amid audits. Unacademy, post-layoffs, eyes profitability but trails in user scale.

PhysicsWallah’s edge: Vernacular focus yields 60% Tier 2+ revenue vs. rivals’ urban skew. Hybrid ops deliver 20% higher retention.

Real-world example: During NEET 2025, PhysicsWallah’s mock series topped charts, boosting enrollments 35% QoQ—outpacing Unacademy’s 15%.

Competitive Landscape Table

AspectPhysicsWallahBYJU’sUnacademyupGrad
Market Cap/Val₹46,000 Cr$1 Bn$3.44 Bn₹15,000 Cr
Revenue FY25₹2,334 Cr~₹5,000 Cr₹1,200 Cr₹1,000 Cr
User Base (Mn)4.8 Paid150 Total50 Total20 Paid
ProfitabilityNear-B/EDeep LossesBreakevenSegment Prof
ModelHybrid/AffordApp-CentricLive ClassesUpskilling

Sources: Company filings; PhysicsWallah leads in efficiency.

For deeper dives, explore our edtech investment strategies or 2025 IPO analysis series.

Trusted insights from SEBI (https://www.sebi.gov.in) and Economic Times (https://economictimes.indiatimes.com).

Forecasting the Future: PhysicsWallah Share Price 2025 Targets and Scenarios

Optimism abounds for PhysicsWallah share price 2025. Consensus targets: ₹200 short-term (30% upside), ₹280 by year-end (80% from debut). Emkay Global cites 25% CAGR to ₹10,000 crore revenue by FY28.

Bull case: Acquires regional players, hits 10 million users via UPSC push—stock to ₹350. Base: Steady hybrid growth, ₹220. Bear: Margin squeezes from competition, ₹130 floor.

India’s $30 billion edtech pie by 2030, per Redseer, favors leaders. PhysicsWallah’s 15% share grab seems feasible.

Sustainability hinges on innovation: VR labs or global exports to Bangladesh/Nepal.

Navigating Risks: What Could Derail the Rally

Vigilance is key. Competition intensifies with Allen and Aakash digitizing. Founder dependency on Pandey risks charisma gaps.

Regulatory hurdles: NEP compliance costs could nibble 5% margins. Macro slowdowns trim parental spends.

Mitigants: Diversified revenue (now 20% non-JEE/NEET) and ₹1,000 crore war chest. Beta at 1.2 suggests market-sync volatility.

Historical parallel: Eruditus dipped 40% post-IPO on execution slips; PhysicsWallah’s track record averts repeats.

FAQ Section

What factors are propelling the current PhysicsWallah share price 2025?

The PhysicsWallah share price 2025 surges on multiple fronts, starting with explosive revenue growth of over 50% in FY25, reaching ₹2,334 crore through a mix of online subscriptions and offline center expansions. Narrowing losses to just ₹136 crore demonstrate operational maturity, attracting institutional buyers who see scalability in the hybrid model serving 4.8 million paid users. Alakh Pandey’s enduring brand loyalty converts free viewers to payers at high rates, ensuring steady cash flows.

How has the PhysicsWallah IPO performance compared to other edtech listings?

PhysicsWallah’s IPO delivered a stellar 42% listing gain, closing at ₹155 against ₹109, outshining recent edtech debuts like upGrad’s flat open in 2024. While BYJU’s never listed amid turmoil, Unacademy’s private rounds reflect subdued valuations. PhysicsWallah’s moderate 1.92x subscription masked the QIB enthusiasm at 3.5x, leading to premium trading volumes of 50 million shares on day one. This contrasts with oversubscribed but discounted listings like One97 (Paytm), where hype faded fast.

Will PhysicsWallah achieve full profitability by end-2025?

Analysts project PhysicsWallah nearing breakeven by Q4 FY26, with FY25 losses at ₹136 crore already down 82% from prior years, thanks to EBITDA turning positive at ₹250 crore. Revenue diversification—70% online, 30% offline—coupled with cost controls like in-house content creation, drives this shift. Over 300 centers now operate cash-positive, contributing 25% margins, while app efficiencies cut acquisition costs by 30%.

What investment strategies suit PhysicsWallah share price 2025 holders?

For PhysicsWallah share price 2025, long-term buy-and-hold suits patient investors eyeing 50-80% upside by 2026, leveraging edtech’s $30 billion market expansion. Dollar-cost averaging mitigates volatility, entering at dips below ₹150. Swing traders can target resistance breaks at ₹170 for 10-15% quick gains, using RSI under 70 as entry signals. Diversify with 5-10% portfolio allocation, pairing with stable Nifty stocks. Monitor Q3 earnings for catalysts; strong beats could propel to ₹200.

How does regional expansion impact PhysicsWallah share price 2025 forecasts?

PhysicsWallah’s push into 500 centers by 2026, funded by ₹3,100 crore IPO fresh issue, directly uplifts PhysicsWallah share price 2025 forecasts by tapping Tier 2-3 markets where 70% of aspirants reside. Current 300 centers yield 30% revenue, with 85% occupancy signaling demand. Vernacular courses in regional languages boost conversions by 25% in states like Bihar and UP. This hybrid scale counters online saturation, projecting 25% CAGR.

In what ways does technology innovation drive PhysicsWallah’s valuation?

Innovation underpins PhysicsWallah’s soaring valuation, with AI-powered adaptive learning slashing doubt resolution times by 40%, retaining 85% users quarterly—key to PhysicsWallah share price 2025 premiums. The app’s VR simulations for physics labs, rolled out in 2025, enhance engagement, lifting ARPU 15% via upsells. Big data analytics personalize feeds, converting 20% more free users to paid.

Should new investors enter PhysicsWallah shares now in late 2025?

Entering PhysicsWallah share price 2025 now offers value at current ₹158-166 levels, with 30% upside to consensus targets, especially post-debut consolidation. The stock’s beta of 1.2 aligns with Nifty volatility, but fundamentals like 60% YoY growth provide buffers. Wait for dips near ₹150 support if risk-averse, or scale in on earnings beats. Demat setup via Zerodha or Groww simplifies access, with SIP-like monthly buys averaging costs. Long-term, edtech tailwinds and 10 million user goals promise multibaggers.

Conclusion

The PhysicsWallah share price 2025 saga blends inspiration with investment savvy, from a YouTube spark to a ₹46,000 crore market cap powerhouse. Core strengths—affordable access, hybrid scaling, and fiscal prudence—outweigh risks, painting a vibrant growth canvas.

Recap: Robust FY25 financials, competitive leads, and bullish forecasts signal 50%+ potential returns. As edtech matures, PhysicsWallah leads the charge.

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