PHYSICSWALLAH LIMITED

Physicswallah Limited held its Q1 FY27 earnings conference call on August 14, 2026, where management reported a year-over-year revenue increase of over 24%, reaching INR 1,054 crores. The online early learning and K-12 business grew by 88%, while offline and other businesses saw a 16% increase. Management noted a negative pre-Ind AS EBITDA of INR 44 crores, an improvement from the previous year. They highlighted a shift in NEET examination schedules impacting enrollments and collections, but reported a 50% growth in collections post-results announcement. New initiatives included the launch of the PW Books app and AI-driven tools. Management emphasized a focus on profitability and improving student outcomes, particularly in offline segments. The company maintained its annual revenue growth guidance of 30% and EBITDA improvement of 100%. Overall, management expressed confidence in their strategic direction and growth potential across various educational segments.

Management highlighted strong revenue growth and strategic initiatives while maintaining a focus on profitability.