PhysicsWallah Annual Reports, Balance Sheet and Financials
Last Traded Price 160.00 + 0.00 %
Last Traded Price 160.00 + 0.00 %
| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| PhysicsWallah Limited |
|
Particulars |
31-03-2024 |
31-03-2023 |
31-03-2022 |
|
Non-Current Assets |
|
|
|
|
Property, plant and equipment |
27,752.00 |
17,465.46 |
1,220.48 |
|
Capital work-in-progress |
- |
475.71 |
- |
|
Goodwill |
25,380.01 |
28,398.06 |
1,364.00 |
|
Other intangible assets |
93,233.66 |
66,245.15 |
4,009.87 |
|
Intangible assets under development |
31.83 |
47.51 |
560.72 |
|
Non-current investments |
2,490.48 |
- |
- |
|
Loans, non-current |
1,328.82 |
11.68 |
- |
|
Other non-current financial assets |
14,814.28 |
8,588.49 |
5,767.29 |
|
Deferred Tax assets (net) |
7,948.81 |
2,028.27 |
6.45 |
|
Other Non-Current Assets |
3,574.17 |
3,716.89 |
149.98 |
|
Current Assets |
|
|
|
|
Inventories |
5,333.33 |
2,270.25 |
520.81 |
|
Current Investments |
14,782.52 |
20,546.25 |
2,389.05 |
|
Trade Receivbles |
3,600.78 |
1,311.65 |
42.80 |
|
Cash and Cash Equivalents |
5,314.37 |
4,903.17 |
673.85 |
|
Bank Balance other than above |
2,582.01 |
48,077.39 |
3,471.01 |
|
Loans |
218.50 |
82.61 |
85.06 |
|
Other Current Financial assets |
36,654.96 |
2,086.66 |
305.11 |
|
Other Current Assets |
3,021.93 |
1,961.71 |
482.80 |
|
Total Assets |
2,48,062.46 |
2,08,216.91 |
21,049.28 |
|
Equity |
|
|
|
|
Equity Share Capital |
600.00 |
600.00 |
600.00 |
|
Other Equity |
-1,25,260.55 |
-18,862.94 |
9,979.88 |
|
Non Controlling interest |
7,425.40 |
13,247.20 |
- |
|
Non-Current Liabilities |
|
|
|
|
Borrowings |
1,64,882.85 |
92,500.07 |
- |
|
Other Non-current financial liabilities |
90,919.09 |
68,750.20 |
3,195.61 |
|
Provisions |
1,101.36 |
326.31 |
57.16 |
|
Deferred Tax liabilities |
- |
208.00 |
- |
|
Other Non-Current liabilities |
- |
183.45 |
- |
|
Current Liabilities |
|
|
|
|
Borrowings |
3,856.75 |
3,114.95 |
- |
|
Trade Payables |
12,350.89 |
5,186.28 |
191.16 |
|
Other Current financial liabilities |
26,033.64 |
10,908.97 |
635.81 |
|
Other Current liabilities |
65,076.57 |
31,616.86 |
6,389.66 |
|
Provisions |
1,076.46 |
437.56 |
- |
|
Total Equity and Liabilities |
2,48,062.46 |
2,08,216.91 |
21,049.28 |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Income |
|
|
|
Revenue from Operations |
1,94,044.40 |
74,431.90 |
|
Other Income |
7463.83 |
2822.09 |
|
Total Income |
2,01,508.23 |
77,253.99 |
|
Expenses |
|
|
|
Cost of Material Consumed |
5,370.10 |
2,853.43 |
|
Purchase of stock-in-trade |
5790.24 |
3,190.67 |
|
Changes in inventories of finished goods, WIP & Stock in trade |
-1475.04 |
-1,285.42 |
|
Employee Benefit Expenses |
115896.93 |
41,257.00 |
|
Finance Costs |
6505.48 |
2,071.70 |
|
Depreciation, depletion & amortisation expense |
29828.8 |
7,512.34 |
|
Other Expenses |
1,65,996.28 |
30,601.79 |
|
Total Expenses |
3,27,912.79 |
86,201.51 |
|
Profit Before exceptional items & tax |
-1,26,404.56 |
-8,947.52 |
|
Exceptional items |
7,122.00 |
- |
|
Profit Before Tax |
-1,19,282.56 |
-8,947.52 |
|
Current Tax |
- |
1452 |
|
Deferred Tax |
-6155.73 |
-1992.72 |
|
Total Profit/(Loss) for Period |
-1,13,126.83 |
-8,406.80 |
|
Profit/(loss) attributable to: |
|
|
|
Owners of parent |
-1,04,056.86 |
-8,143.96 |
|
Non-Controlling interest |
-9,069.98 |
-262.84 |
|
Comprehensive Income |
|
|
|
Re measurement of defined benefit plans |
311.79 |
-98.72 |
|
Net of tax, gains(losses) from investments in equity instruments |
33.99 |
- |
|
Total Other Comprehensive Income, net of tax |
345.78 |
-98.72 |
|
Total Other Comprehensive Income attributable to net of tax: |
|
|
|
Owners of parent |
334.77 |
-98.72 |
|
Non-Controlling interest |
11.01 |
- |
|
Total Comprehensive Income |
-1,12,781.05 |
-8,505.52 |
|
Total Comprehensive Income attributable to: |
|
|
|
Owners of parent |
-1,03,722.09 |
-8,242.65 |
|
Non-Controlling interest |
-9,058.97 |
-262.42 |
|
Earnings per Share |
|
|
|
Basic |
- |
- |
|
Diluted |
- |
- |
|
Particulars |
31-03-2024 |
31-03-2023 |
|
Cash Flow from Operating Activities |
|
|
|
Profit before Tax |
-1,19,282.56 |
-8,947.52 |
|
Adjustment for reconcile profit/(loss): |
|
|
|
Adjustments for finance costs |
6,505.68 |
2,071.70 |
|
Adjustments for decrease/(increase) in inventories |
-2,688.28 |
-1,691.95 |
|
Adjustments for decrease/(increase) in Trade receivables, current |
-2,767.63 |
189.95 |
|
Adjustments for decrease/(increase) in other current assets |
2,298.71 |
-1,020.79 |
|
Adjustments for other financial assets, non-current |
-5,051.82 |
-5,083.43 |
|
Adjustments for increase/(decrease) in trade payables, current |
5,543.33 |
3,832.41 |
|
Adjustments for increase/(decrease) in other current liabilities |
23,611.49 |
22,353.35 |
|
Adjustments for depreciation and amortisation expenses |
29,829.00 |
7,511.91 |
|
Adjustments for impairment loss recognised in profit & loss |
- |
746.86 |
|
Adjustments for Provisions, non-current |
1,810.84 |
470.78 |
|
Adjustments for other liabilities, current |
146.24 |
1,068.83 |
|
Adjustments for dividend income |
- |
13.77 |
|
Adjustments for interest income |
4,555.56 |
2,060.39 |
|
Other adjustments for non cash items |
86,383.05 |
10,162.50 |
|
Total Adjustments for reconcile profit (loss) |
1,41,065.05 |
38,537.96 |
|
Cash generated from Operations |
21,782.49 |
29,590.44 |
|
Income tax paid |
597.30 |
2,585.35 |
|
Net Cash From Operating Activates |
21,185.19 |
27,005.09 |
|
Cash Flow from Investing Activities |
|
|
|
Other cash payments to acquire equity or debt instruments of other
entities |
1,761.51 |
35,836.52 |
|
Proceeds from sales of property, plant & equipment |
2,544.74 |
4.79 |
|
Purchase of property, plant & equipment |
21,347.83 |
13,924.30 |
|
Purchase of intangible assets |
2,300.15 |
668.83 |
|
Dividend received |
- |
13.77 |
|
Interest received |
4,159.26 |
1,765.11 |
|
Other inflows(outflows) of cash |
14,413.01 |
-58,906.26 |
|
Net Cash From Investing Activities |
-4,292.48 |
-1,07,552.24 |
|
Cash Flow from Financing Activities |
|
|
|
Proceeds from issuing shares |
- |
79,108.25 |
|
Proceeds from borrowings |
- |
10,000.16 |
|
Repayment of borrowings |
2,625.83 |
244.49 |
|
Interest paid |
827.82 |
226.93 |
|
Other inflows(outflows) of cash |
-13,027.86 |
-3,860.52 |
|
Net Cash From Financing Activities |
-16,481.51 |
84,776.47 |
|
Net Increase/(Decrese) in Cash & Cash Equivalents |
411.20 |
4,229.32 |
|
Net Increase/(Decrese) in Cash & Cash Equivalents (Opening year) |
411.20 |
4,229.32 |
|
Cash & Cash equivalents at
the end of the Year |
5,314.37 |
4,903.17 |
Here is a summary of the Cash Flow
Statement for the years 2024 and 2023:
Cash Flow from
Operating Activities
This section starts with Profit before Tax, which shows a significant loss of ₹1,19,282.56
lakhs in FY 2024, compared to a loss of ₹8,947.52 lakhs in FY
2023. Despite this large accounting loss, substantial non-cash and working capital
adjustments reverse the impact, resulting in positive cash from operations.
Key adjustments in FY 2024 include:
Depreciation and amortisation of
₹29,829 lakhs (increased from ₹7,511.91 lakhs in FY 2023), indicating
significant capital assets being written off.
A large adjustment of ₹86,383.05 lakhs for other non-cash items,
likely including impairments or revaluation losses.
Interest income and finance costs totaling
over ₹11,000 lakhs combined.
Notable changes in working capital, such as an increase in
trade payables and other current liabilities.
These adjustments lead to a net cash inflow of ₹21,185.19 lakhs
from operating activities in FY 2024, though this is down from ₹27,005.09 lakhs
in FY 2023 due to lower profit and higher taxes paid in the previous year.
Cash Flow from
Investing Activities
Investing activities primarily reflect asset purchases
and disposals. In FY 2024:
The company purchased
property, plant & equipment worth ₹21,347.83 lakhs and intangible assets
worth ₹2,300.15 lakhs.
It received ₹2,544.74
lakhs from asset sales and ₹4,159.26 lakhs from interest income.
A notable item is the positive inflow of ₹14,413.01 lakhs under other
investing cash flows, possibly due to liquidation of
investments or return of capital.
However, in FY 2023, there was a huge outflow of ₹58,906.26 lakhs
under other cash outflows, leading to a significant net cash
outflow that year.
The net
cash used in investing activities in FY 2024 is ₹4,292.48
lakhs, a marked improvement compared to the massive outflow of ₹1,07,552.24 lakhs in
FY 2023.
Cash Flow from
Financing Activities
This section reflects changes in the company’s capital
structure:
In FY 2024, the company shows no new financing (no
proceeds from shares or borrowings), yet it repaid borrowings worth ₹2,625.83 lakhs
and paid interest of
₹827.82 lakhs.
A large outflow
of ₹13,027.86 lakhs is recorded under "Other
outflows", possibly relating to dividend payments, lease repayments, or
share buybacks.
Comparatively, FY 2023 shows large financing inflows:
₹79,108.25 lakhs from share issues and ₹10,000.16 lakhs in borrowings, offset
slightly by interest and loan repayments.
As a result, the company had a net outflow of ₹16,481.51 lakhs
in FY 2024, in contrast to a net
inflow of ₹84,776.47 lakhs in FY 2023.
Net Change in
Cash and Cash Equivalents
Despite the operating cash inflow, large investing and
financing outflows limited the net gain in cash:
FY 2024 ended with a small net increase of ₹411.20 lakhs,
bringing total cash and
cash equivalents to ₹5,314.37 lakhs.
FY 2023 had a higher increase of ₹4,229.32 lakhs due to
the strong financing inflows.
