Thyrocare Technologies Limited THYROCARE NSEPHARMA
Company Overview
Thyrocare Technologies Limited provides diagnostic testing services to patients, laboratories, and hospitals in India. It operates through three segments: Diagnostic Testing Services, Imaging Services, and Others. The Diagnostic Testing Services segment engages in the selling of consumables used for collection, and promotion of pathology. The Imaging Services segment sells radio-pharmaceutical and consumables for reporting. The Others segment engages in the sale of glucometer and glucostrips under the brand name sugarscan. The company offers diagnostic and pathological services. The company was founded in 1996 and is based in Navi Mumbai, India. Thyrocare Technologies Limited is a subsidiary of Docon Technologies Private Limited.
Why Investors Should Care
Generates a return on equity of 27.9%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 33.8%.
Net profit has compounded at 36.2% per year over the last five years.
Revenue has grown at a 16.7% CAGR over the past five years.
Maintains a net profit margin of 19.8%.
Carries low leverage with a debt-to-equity ratio of 0.09.
Recent Developments
- Mar 2026 Revenue of ₹821.89 Cr (+20.7% YoY); net profit ₹163.04 Cr.
- Trailing 12 Months Year-on-year growth — revenue +20.7%, earnings +78.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 16.7%, profit CAGR 36.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 16.69% |
| 1 Year: | 20.74% |
Compounded Profit Growth
| 5 Years: | 36.23% |
| 1 Year: | 78.17% |
Stock Price Performance
| 1 Year: | +56.72% |
| 6 Months: | +22.22% |
| 3 Months: | +42.18% |
| 1 Month: | +3.67% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)56.50 · Neutral
P/E of 53.46 is above the sector median of 39.97 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 27.9%.
- Healthy ROCE of 33.8%.
- Compounding revenue at 16.7% over 5 years.
- Profit CAGR of 36.2% over 5 years.
- Attractive dividend yield of 3.17%.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 53.5.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | THYROCARE Thyrocare Technologies Limited NSEPHARMA | 546.05 | 53.46 | ₹8,691.22 Cr | 3.17% | 33.84% | 27.85% | 16.69% | 36.23% |
| 2 | SUNPHARMA Sun Pharmaceutical Industries Limited NIFTY50NSEAIPHARMA | 1,948.80 | 40.77 | ₹4.68 L Cr | 0.83% | 17.94% | 13.74% | 10.39% | 10.65% |
| 3 | DIVISLAB Divi's Laboratories Limited NSEPHARMA | 7,315.50 | 75.61 | ₹1.94 L Cr | 0.44% | 18.96% | 15.32% | 11.27% | 12.08% |
| 4 | TORNTPHARM Torrent Pharmaceuticals Limited NSEPHARMA | 4,952.20 | 87.70 | ₹1.68 L Cr | 0.78% | 9.05% | 25.79% | 13.27% | 20.22% |
| 5 | APOLLOHOSP Apollo Hospitals Enterprise Limited NIFTY50NSEAIPHARMA | 8,981.00 | 66.51 | ₹1.29 L Cr | 0.23% | 19.79% | 20.48% | 15.33% | 33.34% |
| 6 | CIPLA Cipla Limited NIFTY50NSEAIPHARMA | 1,440.10 | 22.07 | ₹1.16 L Cr | 0.90% | 14.86% | 11.27% | 7.23% | 11.45% |
| 7 | ZYDUSLIFE Zydus Lifesciences Limited NSEPHARMA | 1,137.40 | 22.71 | ₹1.14 L Cr | 0.09% | 19.04% | 18.59% | 16.55% | 36.99% |
| 8 | LUPIN Lupin Limited NIFTY_MIDNSEPHARMA | 2,494.30 | 21.42 | ₹1.14 L Cr | 0.72% | 28.42% | 23.76% | 19.10% | 131.46% |
| 9 | MAXHEALTH Max Healthcare Institute Limited NSEAIPHARMA | 1,099.00 | 99.82 | ₹1.07 L Cr | 0.18% | 12.57% | 13.42% | 22.37% | 9.34% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 136.00 Cr | 135.00 Cr | 148.00 Cr | 135.00 Cr | 154.00 Cr | 157.00 Cr | - | 165.92 Cr | 187.16 Cr | 193.03 Cr | - | 195.53 Cr | 223.95 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 45.16 Cr | 49.47 Cr | 55.63 Cr | - | 47.20 Cr | 56.68 Cr |
| Gross Profit | - | - | - | - | - | - | - | 120.76 Cr | 137.69 Cr | 137.40 Cr | - | 148.33 Cr | 167.27 Cr |
| Operating Expenses | 111.00 Cr | 100.00 Cr | 110.00 Cr | 103.00 Cr | 121.00 Cr | 115.00 Cr | - | 96.09 Cr | 93.76 Cr | 91.04 Cr | - | 112.13 Cr | 106.21 Cr |
| Operating Income | 14.00 Cr | 25.00 Cr | 27.00 Cr | 19.00 Cr | 21.00 Cr | 31.00 Cr | - | 24.67 Cr | 43.93 Cr | 46.36 Cr | - | 36.20 Cr | 61.06 Cr |
| EBITDA | 25.00 Cr | 35.00 Cr | 38.00 Cr | 32.00 Cr | 34.00 Cr | 42.00 Cr | - | 45.58 Cr | 61.66 Cr | 62.67 Cr | - | 57.83 Cr | 79.98 Cr |
| Interest Expense | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 76.00 L | 60.00 L | 70.00 L | 78.00 L | - | - | 1.52 Cr |
| Pretax Income | 17.00 Cr | 25.00 Cr | 28.00 Cr | 20.00 Cr | 23.00 Cr | 34.00 Cr | - | 27.92 Cr | 47.19 Cr | 50.48 Cr | - | 35.39 Cr | 64.43 Cr |
| Tax Provision | 4.76 Cr | 7.75 Cr | 7.84 Cr | 5.20 Cr | 5.75 Cr | 9.86 Cr | - | 8.97 Cr | 25.62 Cr | 12.19 Cr | - | 7.34 Cr | 15.73 Cr |
| Net Income | 12.00 Cr | 17.00 Cr | 20.00 Cr | 15.00 Cr | 17.00 Cr | 24.00 Cr | - | 19.11 Cr | 21.70 Cr | 38.98 Cr | - | 29.01 Cr | 47.12 Cr |
| Diluted EPS | 0.79 | 1.09 | 1.28 | 0.97 | 1.12 | 1.52 | - | - | 1.38 | 2.44 | 3.01 | 1.81 | 2.98 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 183.00 Cr | 241.00 Cr | 304.00 Cr | 356.00 Cr | 403.00 Cr | 434.00 Cr | 495.00 Cr | 589.00 Cr | 517.20 Cr | 567.88 Cr | 680.71 Cr | 821.89 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 163.23 Cr | 166.70 Cr | 191.16 Cr | 219.57 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 353.97 Cr | 401.18 Cr | 489.55 Cr | 602.32 Cr |
| Operating Expenses | 110.00 Cr | 147.00 Cr | 189.00 Cr | 212.00 Cr | 249.00 Cr | 261.00 Cr | 323.00 Cr | 353.00 Cr | 269.35 Cr | 308.47 Cr | 353.76 Cr | 397.67 Cr |
| Operating Income | 60.00 Cr | 76.00 Cr | 97.00 Cr | 125.00 Cr | 128.00 Cr | 142.00 Cr | 141.00 Cr | 202.00 Cr | 84.62 Cr | 92.71 Cr | 135.79 Cr | 204.65 Cr |
| EBITDA | 73.00 Cr | 94.00 Cr | 115.00 Cr | 145.00 Cr | 154.00 Cr | 174.00 Cr | 171.00 Cr | 236.00 Cr | 129.65 Cr | 147.19 Cr | 203.75 Cr | 274.26 Cr |
| Interest Expense | 0 | 1.00 Cr | 0 | 0 | 1.00 Cr | 2.00 Cr | 1.00 Cr | 3.00 Cr | 2.35 Cr | 4.20 Cr | 3.05 Cr | 2.80 Cr |
| Pretax Income | 68.00 Cr | 82.00 Cr | 82.00 Cr | 145.00 Cr | 138.00 Cr | 140.00 Cr | 152.00 Cr | 228.00 Cr | 88.59 Cr | 95.98 Cr | 145.44 Cr | 212.88 Cr |
| Tax Provision | 23.80 Cr | 30.34 Cr | 39.36 Cr | 52.20 Cr | 52.44 Cr | 51.80 Cr | 39.52 Cr | 52.44 Cr | 24.23 Cr | 26.49 Cr | 54.69 Cr | 50.03 Cr |
| Net Income | 44.00 Cr | 52.00 Cr | 43.00 Cr | 93.00 Cr | 85.00 Cr | 88.00 Cr | 113.00 Cr | 176.00 Cr | 64.49 Cr | 70.76 Cr | 91.51 Cr | 163.04 Cr |
| Diluted EPS | 2.98 | 3.21 | 2.66 | 5.79 | 5.38 | 5.58 | 7.13 | 11.10 | 4.05 | 4.45 | 5.74 | 10.21 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 329.00 Cr | 410.00 Cr | 438.00 Cr | 479.00 Cr | 475.00 Cr | 469.00 Cr | 541.00 Cr | - | 632.72 Cr | 643.88 Cr | 692.75 Cr | 747.22 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 272.94 Cr | 278.51 Cr | 337.72 Cr | 372.29 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 17.77 Cr | 9.30 Cr | 17.68 Cr | 38.32 Cr |
| Inventory | - | - | - | - | - | - | - | - | 27.67 Cr | 47.52 Cr | 46.54 Cr | 48.46 Cr |
| Receivables | - | - | - | - | - | - | - | - | 85.12 Cr | 43.47 Cr | 73.00 Cr | 73.88 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 97.50 Cr | 116.25 Cr | 145.69 Cr | 161.20 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 77.10 Cr | 90.48 Cr | 121.84 Cr | 109.91 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 0 | 10.91 Cr | 0 | - |
| Total Debt | 0 | 0 | 0 | 0 | 2.00 Cr | 12.00 Cr | 8.00 Cr | - | 23.31 Cr | 42.34 Cr | 24.68 Cr | 50.69 Cr |
| Total Equity | 277.00 Cr | 366.00 Cr | 408.00 Cr | 444.00 Cr | 435.00 Cr | 367.00 Cr | 427.00 Cr | - | 534.30 Cr | 526.77 Cr | 546.76 Cr | 585.50 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 15.88 Cr | 15.89 Cr | 15.90 Cr | 15.92 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 34.00 Cr | 68.00 Cr | 90.00 Cr | 107.00 Cr | 100.00 Cr | 168.00 Cr | 115.00 Cr | - | 129.31 Cr | 167.63 Cr | 179.91 Cr | 213.24 Cr |
| Investing Cash Flow | -18.00 Cr | -18.00 Cr | -42.00 Cr | -43.00 Cr | -12.00 Cr | 1.00 Cr | -49.00 Cr | - | -38.99 Cr | -91.29 Cr | -41.11 Cr | -23.01 Cr |
| Financing Cash Flow | -23.00 Cr | -45.00 Cr | -49.00 Cr | -64.00 Cr | -94.00 Cr | -165.00 Cr | -62.00 Cr | - | -86.18 Cr | -84.81 Cr | -130.42 Cr | -169.59 Cr |
| Capital Expenditure | -9.00 Cr | -15.00 Cr | -37.00 Cr | -44.00 Cr | -39.00 Cr | -10.00 Cr | -22.00 Cr | - | -43.65 Cr | -61.58 Cr | -33.48 Cr | -20.88 Cr |
| Free Cash Flow | 25.00 Cr | 53.00 Cr | 53.00 Cr | 63.00 Cr | 61.00 Cr | 158.00 Cr | 93.00 Cr | - | 85.66 Cr | 106.05 Cr | 146.43 Cr | 192.36 Cr |
| Net Change in Cash | -6.00 Cr | 5.00 Cr | -0 | -0 | -5.00 Cr | 4.00 Cr | 4.00 Cr | - | 4.14 Cr | -8.47 Cr | 8.38 Cr | 20.64 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 68.4% | 70.6% | 71.9% | 73.3% |
| Operating Margin % | 32.8% | 31.5% | 31.9% | 35.1% | 31.8% | 32.7% | 28.5% | 34.3% | 16.4% | 16.3% | 19.9% | 24.9% |
| Net Margin % | 24.0% | 21.6% | 14.1% | 26.1% | 21.1% | 20.3% | 22.8% | 29.9% | 12.5% | 12.5% | 13.4% | 19.8% |
| ROE % | 15.9% | 14.2% | 10.5% | 20.9% | 19.5% | 24.0% | 26.5% | - | 12.1% | 13.4% | 16.7% | 27.8% |
| ROCE % | - | - | - | - | - | - | - | - | 15.2% | 16.8% | 23.8% | 32.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for THYROCARE
Do These 3 Checks Before Buying Thyrocare Technologies Limited (NSE:THYROCARE) For Its Upcoming Dividend - simplywall.st
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Stock Picks Today: Tata Motors PV, Shyam Metalics, Titan, Max Health, United Spirits, Thyrocare And More On Brokerages' Radar - NDTV Profit
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API Holdings makes partial repayment; Thyrocare stake remains pledged - LinkedIn
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Healthcare stocks shine in weak market; Metropolis, Thyrocare jump upto 14% - Business Standard
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Thyrocare Technologies' shares down 67%? Here's why investors shouldn't worry - The Economic Times
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THYROCARE — Frequently Asked Questions
What is the current share price of Thyrocare Technologies Limited (THYROCARE)?
As of 2026-07-15 09:52 IST, Thyrocare Technologies Limited (THYROCARE) trades at ₹546.05 on NSE. Its 52-week range is ₹345.06 to ₹558.40.
What is the market capitalisation of THYROCARE?
Thyrocare Technologies Limited (THYROCARE) has a market capitalisation of ₹8,691.22 Cr on NSE.
What is the P/E ratio of THYROCARE?
THYROCARE trades at a trailing price-to-earnings (P/E) ratio of 53.46. The industry average P/E is 39.97. Its price-to-book (P/B) ratio is 15.18.
Does THYROCARE pay a dividend?
Thyrocare Technologies Limited (THYROCARE) currently offers a dividend yield of 3.17%.
What is the return on equity (ROE) of THYROCARE?
THYROCARE has a return on equity (ROE) of 27.85%. Its return on capital employed (ROCE) is 33.84%.
Is THYROCARE a good stock to buy?
This page provides a data-driven analysis of Thyrocare Technologies Limited (THYROCARE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.