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Thyrocare Technologies Limited share price

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 subsidiar…Read more
HealthcareDiagnostics & ResearchNifty Microcap 250NSE: THYROCAREISIN INE594H01019
16 Oct 2026, 3:30 PM IST₹485.25▼ 2.30 (0.47%)
  • Market Cap₹ 7,723 Cr.
  • Current Price₹ 485.25
  • High / Low₹ 662 / 343
  • Stock P/E44.0
  • Book Value₹ 37
  • Dividend Yield1.91 %
  • ROCE33.8 %
  • ROE28.80 %
  • Face Value₹ 10.0
More figures (10)
  • EPS (TTM)₹ 11.02
  • Price / Book13.19
  • OPM24.9 %
  • Debt / Equity0.09
  • Sales growth (5Y)10.9 %
  • Profit growth (5Y)7.6 %
  • Promoter holding51.2 %
  • EV / EBITDA29.0
  • Beta0.45
  • All-time high₹ 1,090

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
THYROCARE-10.35%-7.97%+23.05%+8.87%+14.11%+36.64%+4.60%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Thyrocare Technologies Limited is in the Diagnostics & Research industry (Healthcare), with a market value of ₹7,723 crore.
  • It trades at 44.0 times its last 12 months' earnings and 13.2 times book value.
  • Revenue grew 10.9% a year over the last 5 years, profit 7.6% a year.
  • Return on equity was 28.8% and return on capital employed 33.8% in the latest year.
  • Debt was 0.09 times shareholders' equity.
  • The share price is 26.7% below its 52-week high and up 14.1% over one year.
  • Promoters and insiders hold about 51.2%; institutions about 22.0%.

Pros

  • Strong return on equity: 19.7% on average over the last 3 years.
  • Company is almost debt-free (debt is 0.09 times equity).
  • Latest quarter (Jun 2026): sales up 24% and profit up 34% from a year ago.
  • Trades at 44.0 times earnings, below its 3-year median of 53.0.
  • Pays a healthy dividend: about 91% of profit last year.

Cons

  • Promoter holding has fallen by 20.09 points over 3 years, to 51.02%.
  • Trades at 13.2 times its book value.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Thyrocare Technologies Limited

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.

Employees
1,906
Head office
Navi Mumbai
NSE industry
Healthcare

Peer comparison

HealthcareHealthcareDiagnostics & Research

Part ofNifty Microcap 250

S.No.CompanyCMP ₹P/EMar Cap ₹ CrDiv Yld %NP Qtr ₹ CrQtr Profit Var %Sales Qtr ₹ CrQtr Sales Var %ROCE %
1.Thyrocare Technologies485.2544.07,7231.915134.0624024.3433.8
2.Sun Pharmaceutical Industries1,758.8034.94,21,9950.912,89534.6515,18418.4817.9
3.Divi's Laboratories9,144.5083.02,42,7580.3390236.253,08019.1519.0
4.Torrent Pharmaceuticals4,558.9072.81,73,4060.835663.284,83554.579.1
5.Apollo Hospitals Enterprise7,890.0054.31,13,4460.2558149.057,04425.9519.2
6.Zydus Lifesciences1,123.0025.01,12,0200.09940-19.747,80224.0319.0
7.Cipla1,325.1031.81,07,0510.98789-35.427,0777.2614.9
8.Dr. Reddy's Laboratories1,233.0031.01,02,7070.66444-68.728,071-5.5614.2
9.Max Healthcare Institute846.0056.782,3420.233234.872,36616.7012.6
10.Abbott India26,170.0034.455,6092.0142917.131,8144.3341.9
Median: 12 Co.1,541.9549.21,04,8790.7557311.005,93918.8118.5

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
135148135154157177166187193217196224240
100110103120114129124129135145138149163
Operating Profit35383234434842585871587577
OPM %26%25%23%22%27%27%25%31%30%33%30%34%32%
1233434553544
Interest1111111111-021
Depreciation10111313111317141112221412
Profit before tax25282023343728485062356468
31%28%26%25%28%-28%32%54%24%24%21%25%25%
17201517244719223848284951
EPS in Rs1.091.280.931.181.511.661.191.392.453.021.822.993.23
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
403433495589527572687829876
249261323354407434497567594
Operating Profit154173171235120137190262282
OPM %38%40%35%40%23%24%28%32%32%
108122989151716
Interest121224333
Depreciation263230343947555960
Profit before tax1371401532288796147211229
39%37%26%23%28%28%37%24%24%
8588113176646991163176
EPS in Rs5.325.587.1411.104.054.475.7110.2711.06
Dividend Payout %123%135%104%91%

Compounded Sales Growth

5 Years:
11%
3 Years:
16%
TTM:
21%

Compounded Profit Growth

5 Years:
8%
3 Years:
36%
TTM:
40%

Stock Price CAGR

5 Years:
5%
3 Years:
37%
1 Year:
14%

Return on Equity

4 Years:
18%
Last Year:
29%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital535353159
Reserves481474494426
23422551
7575121111
Total Liabilities633644693747
194204198209
CWIP23143
437438480535
Total Assets633644693747

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
129168180213
-39-91-41-23
-86-85-130-170
Net Cash Flow4-8821
Free Cash Flow86106146192

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—12.1%13.3%17.0%28.8%
ROCE—16.4%18.1%26.0%33.8%
Operating margin—16.4%16.3%19.9%24.9%
Net margin—12.5%12.5%13.4%19.8%
Debt / equity—0.040.080.050.09
Current ratio—3.543.082.773.39
Debtor days—60283933
Inventory days—621048981
Days payable—5488146109
Cash conversion cycle—6844-185
Working capital days—138121116117

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 51.02%
  • FIIs 9.37%
  • DIIs 25.92%
  • Public 13.70%
%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters71.11%71.11%71.11%71.11%71.06%71.06%71.06%71.06%60.93%60.92%60.92%51.02%
3.35%2.90%2.49%1.93%2.77%2.41%3.23%4.85%4.95%5.37%5.44%9.37%
13.89%14.88%14.90%14.80%14.67%14.97%14.54%13.47%20.51%20.99%20.92%25.92%
11.65%11.10%11.50%12.16%11.49%11.56%11.17%10.63%13.61%12.71%12.72%13.70%
No. of Shareholders68,84464,82361,63659,37756,66657,40354,56654,14277,61973,37773,06475,186

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding Thyrocare Technologies

Holder (above 1%)Stake
HSBC Aggressive Hybrid FundMutual fund6.79%
Nippon India Pharma FundMutual fund5.66%
ICICI Prudential Active Momentum FundMutual fund3.72%
Aditya Birla Sun Life Business Cycle FundMutual fund3.51%
Kotak Mahindra Life Insurance Company Ltd.Insurance1.57%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 22.91% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date
23 Jun 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

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Latest news

In the news

No recent coverage found.

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about Thyrocare Technologies Limited

What is the share price of Thyrocare Technologies Limited today?
Thyrocare Technologies Limited (THYROCARE) last traded at ₹485.25 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.
What is the market cap of Thyrocare Technologies Limited?
About ₹7,723 crore at the latest price.
What is the P/E ratio of Thyrocare Technologies Limited?
About 44.0 times its earnings over the last 12 months.
Is Thyrocare Technologies Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Thyrocare Technologies Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
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