PhysicsWallah Q2 Results: Profit More Than Doubles and PhysicsWallah Shares Jump, but Brokerages Are Divided on Buy, Sell or Hold
- November 5, 2026
- Posted by: Kunal Singla
- Category: Results
PhysicsWallah Rs 132.50 (+3.99%), high Rs 140.25. Q2 FY27 profit Rs 143.63 crore, revenue Rs 1,242.26 crore (press reports). NSE, about 11:22 AM IST, 5 Nov 2026.
Quick Answer
The PhysicsWallah Q2 results for FY27 showed net profit more than doubling to Rs 143.63 crore, and PhysicsWallah shares jumped up to 10% on 5 November 2026 before easing. Brokerage views remain divided.
The PhysicsWallah Q2 results for FY27 showed net profit more than doubling to Rs 143.63 crore, and PhysicsWallah shares jumped up to 10% on 5 November 2026 before easing. Revenue grew 18% to Rs 1,242.26 crore, per press reports. This guide covers the numbers, how brokerages see the stock and the risks. It is not investment advice.
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PhysicsWallah Q2 Results at a Glance
| Metric (Q2 FY27) | Reported figure |
|---|---|
| Net profit | More than doubled to Rs 143.63 crore |
| Revenue | Up 18% to Rs 1,242.26 crore |
| Offline centre expansion | Being moderated, per the company |
| Motilal Oswal view | Buy maintained, target Rs 200 |
Figures are from press reports on the company’s results announced after the board meeting on 4 November 2026. Standalone and consolidated profit numbers differ in some reports, so we use the headline figures. Check the exchange filing for the exact base and the year-ago comparison.
How PhysicsWallah Shares Moved
PhysicsWallah opened at Rs 140.00 on the NSE against a previous close of Rs 127.41, touched Rs 140.25, then traded at Rs 132.50, up 3.99%, as of about 11:22 AM IST on 5 November 2026. The intraday high was about 10% above the previous close, which matches the headline jump, but the stock gave back part of that gain. Volume was heavy at about 2.78 crore shares.
| Price point | Rs |
|---|---|
| Previous close | 127.41 |
| Day open and high | 140.00 and 140.25 |
| Latest traded | 132.50 (+3.99%) |
| 52-week range | 77.72 to 161.99 |
A sharp early jump that fades is common after results. It shows buyers and sellers disagreeing about how much of the good news is already in the price.
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What Brokerages Say: Buy, Sell or Hold
Views are split. Motilal Oswal maintained Buy with a target of Rs 200, as reported after the results. Earlier ratings, published before the quarter and compiled by Investing.com, were mixed: JPMorgan upgraded to Buy with a target of Rs 148 in August, DAM Capital began coverage at Buy with Rs 140, Kotak started at Sell with Rs 125 in October and BofA Securities at Sell with Rs 110 in September.
| Brokerage | Rating | Target (Rs) | Timing |
|---|---|---|---|
| Motilal Oswal | Buy | 200 | After Q2 results |
| JPMorgan | Buy | 148 | August 2026 |
| DAM Capital | Buy | 140 | June 2026 |
| Kotak | Sell | 125 | October 2026 |
| BofA Securities | Sell | 110 | September 2026 |
Investing.com showed an average target of Rs 147, with 7 analysts at Buy and 2 at Sell before the results. We could not confirm post-results changes from the other brokerages, so treat the older ratings as dated.
Why the Numbers Matter
A profit that more than doubles shows operating leverage in a business that has been loss-making on some measures. Slower centre expansion can protect margins, while 18% revenue growth shows demand is still rising. The open question is whether offline centres, which need steady investment, can keep improving returns.
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Risks to Weigh
| Risk | Why it matters |
|---|---|
| Valuation | Targets range from Rs 110 to Rs 200, a wide gap |
| Competition | Edtech and coaching rivals compete on price and content |
| Offline execution | Centres add cost before they add profit |
| Volatility | The stock has swung widely within one session |
Conclusion
The PhysicsWallah Q2 results were strong on profit and growth, and PhysicsWallah shares reacted sharply, yet brokerages still disagree on value. Read the filing, compare targets and decide against your own risk profile.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on the PhysicsWallah Q2 Results
What were the PhysicsWallah Q2 results?
Ans. Press reports say net profit more than doubled to Rs 143.63 crore in Q2 FY27, while revenue rose 18% to Rs 1,242.26 crore. The company said it is moderating centre expansion.
How much did PhysicsWallah shares rise after the results?
Ans. The stock hit an intraday high of Rs 140.25, about 10% above the previous close of Rs 127.41, and then traded near Rs 132.50, up 3.99%, as of about 11:22 AM IST on 5 November 2026.
What is Motilal Oswal's target price for PhysicsWallah?
Ans. Motilal Oswal maintained a Buy rating with a target price of Rs 200 after the Q2 results, as reported in the press.
Do all brokerages rate PhysicsWallah as a buy?
Ans. No. Before the results, Kotak and BofA Securities had Sell ratings with targets of Rs 125 and Rs 110, while JPMorgan, DAM Capital and Motilal Oswal were at Buy.
What is the 52-week range of PhysicsWallah shares?
Ans. The 52-week low is Rs 77.72 and the 52-week high is Rs 161.99, according to Investing.com data.
Why is the company slowing centre expansion?
Ans. The company said it is moderating offline centre expansion. Investors usually read this as a focus on margins and returns rather than rapid growth in fixed costs.
What are the main risks of investing in PhysicsWallah?
Ans. Key risks include valuation, competition in edtech, execution of offline centres and sharp price swings after results. Analyst targets are far apart, which shows the uncertainty.
Should I buy, sell or hold PhysicsWallah shares?
Ans. Univest cannot give personal advice. Views are divided and the stock has been volatile. Review the exchange filing, compare targets with the price and consult a SEBI-registered adviser before acting.
