Physics Wallah, often called PW, is now well known across India. It changed how many students study by keeping the lessons low cost and easy to reach. It started small. A single YouTube channel was created by a college dropout. Afterward, the firm moved into education tech.
Over time, investors started to price it at several billion dollars. The firm is now on well known stock exchanges. This piece looks at Physics Wallah net worth. It covers the company’s market value. It also talks about what the founders may be worth. Then it lists the main financial numbers that explain why the story grew so fast.
Physics Wallah’s Company Valuation: A Market Cap Overview
The most direct measure of physics wallah net worth is its market capitalization. As a publicly traded company on the Bombay Stock Exchange, its value fluctuates with market sentiment. The company’s market capitalization was approximately ₹36,769 crore in early September 2026 . However, other estimates placed it around ₹34,149 crore later the same month, indicating a volatile but consistently valuable position in the market . This strong valuation follows the company’s public listing in November 2025, which saw its stock debut at a 33% premium over the IPO price .
Market Cap and Stock Performance Overview
| Metric | Value |
|---|---|
| Current Market Cap (Sep 2026) | ~₹36,769 crore (~$4.4 billion) |
| Recent Stock Price (Sep 2026) | ~₹127 per share |
| Brokerage Target Price | ₹200 per share (Motilal Oswal ‘Buy’ rating) |
| IPO Listing Premium | 33% (Listed at ₹143.10) |
| IPO Price | ₹109 per share |
The Founders’ Personal Net Worth
A lot of Physics Wallah’s worth shows up in what its co-founders own. In the Hurun Global Rich List 2026, Alakh Pandey and his partner Prateek Maheshwari are listed with about $1.7 billion each at the start. That comes to around ₹14,500 crore per person. With that amount, they land among the top richest newcomers in India. It also puts their estimated wealth over the figure that was given for Shah Rukh Khan, who was listed at ₹12,490 crore.
Forbes corroborates this, listing Alakh Pandey on its World’s Billionaires List with a net worth of $1.3 billion as of August 2026, ranking him #2921 globally . This makes him one of the youngest and most unconventional entrants to the billionaire club, having built his empire from the ground up through a YouTube channel and a commitment to affordable education .
Physics Wallah’s Financial Performance (FY26)
Behind the eye-watering net worth figures lies a rapidly growing business with improving financials. In the fiscal year 2025-26 (FY26), Physics Wallah reported operating revenues of ₹3,899 crore, marking a 35% year-on-year growth . The company also significantly narrowed its net losses to just ₹22 crore for the full year, compared to ₹216 crore in the previous year .
This growth was driven by strong performance in both its online and offline segments. The company reported over 5.3 million paid users, a 20% increase year-on-year , and expanded its offline network to 353 centres, up from just 28 in FY23 .
FY26 Key Financial Highlights
| Metric | FY26 Value | YoY Change |
|---|---|---|
| Operating Revenue | ₹3,899 crore | +35% |
| Net Loss | ₹22 crore | Narrowed from ₹216 crore |
| EBITDA | ₹549 crore | +184% |
| Paid Users | 5.34 million | +20% |
| Offline Centres | 353 | Up from 198 in FY25 |
Conclusion
Physics Wallah net worth tells the story of what the edtech boom has done in India. It began with a YouTube channel. Over time, it grew into a listed business. Sources say the business may be valued at more than ₹36,000 crore.
Two people close to the situation say the founders, Alakh Pandey and Prateek Maheshwari, each have a net worth above $1.7 billion. This is how much they are believed to have created through the brand.
The company has also shown fast revenue growth. Losses have been shrinking over time. It serves a huge market that can still expand. So, its money story is one of the most talked about in India.