Physicswallah Stocks Surge 18% Following Strategic Partnership with Non-Banking Financial Corporations

PhysicsWallah Share Price Surges 18% Following Strategic Shift in Student Lending Business

On Thursday, 4 June, PhysicsWallah's share price saw a significant surge of 18%, following the edtech company's announcement of a strategic shift in its student lending business. The company has decided to partner with multiple regulated non-banking financial companies (NBFCs) to cater to student financing needs, marking a departure from its earlier lending model.

In a stock exchange filing, PhysicsWallah stated that it has chosen to move away from its earlier lending approach and will instead collaborate with leading third-party regulated NBFCs. This move is aimed at significantly reducing balance sheet exposure and credit-related risks while continuing to support students through financing solutions. The decision comes shortly after the company disclosed an approximately ₹120 crore equity infusion into its wholly owned subsidiary, FinZ Finance.

With the updated strategy, PhysicsWallah will operate as a tech-enabled platform that connects students to a selected network of compliant lending partners aligned with their academic progress, learning journeys, and educational outcomes. The company stated that this partnership-driven model will enhance affordability and access for students, while also making the financing system more scalable, resilient, and able to reach a broader segment of its student population.

Read also: Go Zero Ice Cream Reports 350% Growth in May, Founder Expects Continued Seasonal Success

PhysicsWallah also mentioned that the future direction of FinZ Finance will be decided in due time, pending approvals from its board of directors and relevant regulatory bodies.

Q4 Results: Losses Decrease, Revenue Surges

PhysicsWallah reported a decrease in losses to ₹74.89 crore for the January-March quarter of FY26, as compared to a loss of ₹293 crore in the same period last year. The company's revenue from operations surged by 50.7%, reaching ₹918.8 crore in Q4 FY26, up from ₹609.6 crore in Q4 FY25.

Read also: Motilal Oswal Sees ICICI Bank Soaring to Rs 1750

On a sequential basis, PhysicsWallah's revenue dropped by 15%. The company's total expenses rose from ₹963.69 crore in Q4 FY25 to ₹1,035.19 crore in Q4 FY26.

Share Price Movement

PhysicsWallah's share price today opened at ₹91.05 apiece on the BSE, touching an intraday high of ₹108.45 per share and an intraday low of ₹89.85 per share. The company made a stellar debut on the stock exchanges on 18 November, listing at a sharp premium to its IPO price and reflecting strong investor demand for the edtech company's public issue.