Physicswallah

Physicswallah Net Debt/Equity

The Net Debt to Equity Ratio of Physicswallah (PWL.NS) as of Nov 2, 2026 is -0.51. In the previous year, Net Debt to Equity Ratio was -0.61 — a change of -16.52% (higher).

Net Debt/Equity

-0.51

YoY

-16.52%

Last updated:

Net Debt to Equity Ratio of Physicswallah is 2026 -0.51 . Net Debt to Equity Ratio of Physicswallah was 2025 -0.61 . It decreases by -16.52% higher compared to the previous year.

The Physicswallah Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2023
0.94 INR
Jan 1, 2024
-0.25 INR
Jan 1, 2025
-0.61 INR
Jan 1, 2026
-0.51 INR
The Physicswallah Net Debt/Equity history
YEARNet Debt/EquityYoY
-0.51-16.52%
-0.61+141.12%
-0.25-126.87%
0.94—

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Physicswallah Stock analysis

What does Physicswallah do? Physicswallah Ltd offers test preparation courses for competitive examinations including JEE, NEET, and Foundation, along with upskilling courses for students and professionals. The company delivers courses through online platforms, social media channels, websites, apps, tech-enabled offline centers, and hybrid centers. Its primary customers are students preparing for competitive exams and professionals seeking upskilling opportunities. The firm generates revenue through course sales across its 13 education categories, targeting both individual learners and institutional partnerships. The company's flagship products include JEE and NEET test preparation courses, which are part of its 13 education categories. These courses are delivered via online, offline, and hybrid models, allowing students to access live classes through apps, websites, or physical centers. Revenue is derived from direct sales to students and possibly institutional agreements for group enrollments. The target segments are students in India preparing for undergraduate and postgraduate competitive exams, as well as professionals looking to enhance their skills. Physicswallah's business model relies on a combination of online and offline delivery methods to reach its customers. The tech-enabled offline centers and hybrid centers provide a blended learning experience, combining live online classes with in-person support. The company's revenue streams are primarily from course enrollments across its education categories, with no mention of additional services like subscriptions or advertising. The firm focuses on competitive exam preparation and upskilling, targeting a broad audience of Indian students and professionals seeking career advancement. Physicswallah is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Physicswallah stock

Net Debt to Equity Ratio of Physicswallah is -0.51 in 2026.

Net Debt to Equity Ratio of Physicswallah changed from -0.61 to -0.51, representing a -16.52% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio Physicswallah since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's Physicswallah with sector peers and the industry average to assess whether it is attractive.

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Leverage — Physicswallah

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