PWL

Physicswallah Balance Sheet

₹139.97+6.15%
Market cap
₹40,027 crore
P/E
1,963.1
P/B
8.85
ROE
-0.7%
Dividend yield
1.20%

As of Mar 2022, Physicswallah had total assets of ₹13,700 crore and borrowings of ₹1,200 crore, against shareholders' equity of ₹9,000 crore — a debt-to-equity ratio of 0.13. Borrowings rose 110.53% from Mar 2023.

Physicswallah balance sheet

As at each financial year end, newest first. H1 = half-year.

Physicswallah balance sheet (₹ crore)
ItemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital50066218286
Reserves8,50017.36-1,020-1,238-1,260
Borrowings1,2005708479971,052
Other liabilities3,5001,5622,8061,6062,054
Total liabilities13,7002,0822,4814,1567,677
Fixed assets6,5006581,0181,2241,382
Capital work in progress400100100100100
Investments2,5004164968311,535
Other assets4,3006257441,2472,303
Total assets13,7002,0822,4814,1567,677

Balance sheet ratios

Debt to equity
0.13

Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.

Physicswallah balance sheet — frequently asked questions

What is the total debt of Physicswallah?

Physicswallah reported borrowings of ₹1,200 crore as of Mar 2022, compared with ₹570 crore as of Mar 2023.

What is Physicswallah's debt-to-equity ratio?

Based on the Mar 2022 balance sheet, Physicswallah's debt-to-equity ratio is 0.13 — borrowings of ₹1,200 crore against equity capital and reserves of ₹9,000 crore.

What are Physicswallah's total assets?

Physicswallah's total assets were ₹13,700 crore as of Mar 2022, including fixed assets of ₹6,500 crore and investments of ₹2,500 crore.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.