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Thyrocare Technologies Ltd

Thyrocare Technologies Ltd

THYROCARE Share Price

NSE
579.002.10% (-12.45)
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With a market cap of ₹9,215 cr, stock is ranked 616

Stock is 2.95x as volatile as Nifty

THYROCARE Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹9,215 cr, stock is ranked 616

Stock is 2.95x as volatile as Nifty

THYROCARE Performance & Key Metrics

THYROCARE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
52.2715.732.42%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
45.856.020.50%

THYROCARE Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 5 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

THYROCARE Company Profile

Thyrocare Technologies Limited is a diagnostic chain company which offers a range of medical diagnostic tests and profiles of tests that center on early detection and management of disorders and diseases.

Investor Presentation

View older View older 

Jul 23, 2026

PDF
View Older Presentations

THYROCARE Similar Stocks (Peers)

Compare with peers Compare with peers 

THYROCARE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
66.33
66.33
1Y Return
19.46%
19.46%
Buy Reco %
86.67
86.67
PE Ratio
74.12
74.12
1Y Return
11.84%
11.84%
Buy Reco %
83.33
83.33
PE Ratio
184.64
184.64
1Y Return
35.92%
35.92%
Buy Reco %
100.00
100.00
PE Ratio
68.48
68.48
1Y Return
10.21%
10.21%
Buy Reco %
85.00
85.00
PE Ratio
51.16
51.16
1Y Return
5.95%
5.95%
Buy Reco %
85.71
85.71
Compare with Peers

THYROCARE Sentiment Analysis

THYROCARE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

THYROCARE Stock Summary · May 2026

Management framed the quarter as strong growth coupled with healthy profitability while pursuing disciplined, margin‑first expansion: Q4 consolidated revenue was INR 224 crore (up 20% YoY) with an EBITDA margin of 34%. Management emphasized rapid franchise-led scale, reporting roughly 11,000 franchisees and a run‑rate of about 500 new franchisees per quarter, an asset‑light expansion approach supported by a net cash and investments position of ~INR 230 crore and zero debt that enables selective reinvestment and a recommended final dividend of INR 7 per share. They outlined a measured specialty diagnostics and genomics roll‑out—modest capex, a ~40‑person field team and disruptive pricing that will lower percentage gross margins but raise absolute gross per test—while acknowledging higher operating expense for doctor and franchisee outreach. Management also noted tension between volume‑led promotional pricing that boosted test volumes and supply‑side currency risks that could pressure input costs. For the near term they expect mid‑ to high‑teens revenue growth in FY'27, with volumes contributing about 75% of revenue and steady‑state gross margins around 73–74%.

THYROCARE Stock Growth Drivers
THYROCARE Stock Growth Drivers
11
  • Large-scale operational footprint and rising test volumes

    The company demonstrated substantial scale with 210 million tests processed in FY'26 (up 23% year‑on‑year)

  • Rapid franchise and partnership network expansion

    The asset‑light franchise channel expanded to a record ~10,800–11,000 active franchisees with a sustained ~25%

THYROCARE Stock Challenges
THYROCARE Stock Challenges
6
  • Partnership / Channel Growth Volatility

    Partnership revenue growth slowed to 23% in Q4 FY'26, a near-term shortfall versus the prior

  • Margin Risk from Input Costs and Currency Pressure

    Management projects gross margins stabilizing around 73%–74%, but explicitly flags downside risk from abnormal reagent

THYROCARE Forecast

THYROCARE Forecasts

Price

Revenue

Earnings

THYROCARE

THYROCARE

Income

Balance Sheet

Cash Flow

THYROCARE Income Statement

THYROCARE Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue157.74160.52179.97169.93191.75197.93219.86200.79228.84244.88
Operating & Other expensessubtract120.66114.62129.36124.35130.09135.26145.18143.86148.86162.75
Depreciation/Amortizationsubtract13.0611.3613.0717.0613.7711.4111.5121.6314.0312.49
Interest & Other Itemssubtract1.120.990.760.600.700.780.59-0.091.521.35
Taxes & Other Itemssubtract5.129.3810.118.8125.4911.5514.596.3817.3116.10
EPS1.181.511.661.191.392.453.021.822.993.23

THYROCARE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Jul 23PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 7PDF
Jan 28PDF
Oct 14PDF
+2 more
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Jan 23PDF
Oct 23PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

Feb 3PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
 

THYROCARE Stock Peers

THYROCARE Past Performance & Peer Comparison

THYROCARE Past Performance & Peer Comparison

Comparing 3 stocks from 
Health CareHospitals & Diagnostic Centres

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Thyrocare Technologies Ltd56.5215.732.42%
Apollo Hospitals Enterprise Ltd66.3311.600.22%
Max Healthcare Institute Ltd74.129.950.18%
Aster DM Quality Care Ltd184.6419.630.21%

THYROCARE Stock Price Comparison

Compare THYROCARE with any stock or ETF
Compare THYROCARE with any stock or ETF
THYROCARE
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THYROCARE Holdings

THYROCARE Shareholdings

THYROCARE Promoter Holdings Trend

THYROCARE Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

High Pledged Promoter Holding
Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

THYROCARE Institutional Holdings Trend

THYROCARE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

THYROCARE Shareholding Pattern

THYROCARE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding60.92%19.86%1.06%5.44%12.72%

Sep 2025

Dec 2025

Mar 2026

Jun 2026

THYROCARE Shareholding History

THYROCARE Shareholding History

MarJunSepDec '25MarJun2.41%3.23%4.85%4.95%5.37%5.44%

Mutual Funds Invested in THYROCARE

Mutual Funds Invested in THYROCARE

No mutual funds holding trends are available

Top 5 Mutual Funds holding Thyrocare Technologies Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
2.8646%0.36%0.07%77/267 (+89)
2.5517%1.56%0.22%66/99 (-1)
2.5481%2.65%0.71%13/39 (+6)

Compare 3-month MF holding change on Screener

THYROCARE Insider Trades & Bulk Stock Deals

THYROCARE Insider Trades & Bulk Stock Deals

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smallcases containing THYROCARE stock

smallcases containing THYROCARE stock

Looks like this stock is not in any smallcase yet.

THYROCARE Events

THYROCARE Events

THYROCARE Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

THYROCARE has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.42%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹24.18 every year

Dividends

Corp. Actions

Announcements

Legal Orders

THYROCARE Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

THYROCARE has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 2.42%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹24.18 every year

THYROCARE Upcoming Dividends

THYROCARE Upcoming Dividends

No upcoming dividends are available

THYROCARE Past Dividends

THYROCARE Past Dividends

Cash Dividend

Ex DateEx DateJun 23, 2026

Final
Final | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Jun 23, 2026

Cash Dividend

Ex DateEx DateOct 24, 2025

Interim
Interim | Div/Share: ₹7.00

Dividend/Share

7.00

Ex DateEx Date

Oct 24, 2025

Cash Dividend

Ex DateEx DateJul 25, 2025

Final
Final | Div/Share: ₹21.00

Dividend/Share

21.00

Ex DateEx Date

Jul 25, 2025

Cash Dividend

Ex DateEx DateAug 16, 2024

Final
Final | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Aug 16, 2024

Cash Dividend

Ex DateEx DateApr 20, 2023

Interim
Interim | Div/Share: ₹18.00

Dividend/Share

18.00

Ex DateEx Date

Apr 20, 2023

THYROCARE Stock News & Opinions

THYROCARE Stock News & Opinions

Spotlight
Spotlight
Thyrocare Tech jumps after Q1 PAT climbs 34% YoY to Rs 52 cr

Revenue from operations rose 24.34% year-on-year (YoY) to Rs 240.02 crore, driven by sustained momentum in the pathology segment. Profit before tax (PBT) increased 35.28% YoY to Rs 68.29 crore in the quarter ended 30th June 2026. EBITDA grew 34% YoY to Rs 77.27 crore, while the EBITDA margin improved to 32.2% in Q1 FY27 from 29.9% in Q1 FY26, reflecting improved operating efficiency. The pathology segment registered a 26% YoY growth in revenue to Rs 225.6 crore. Within the segment, franchise revenue increased 27% to Rs 142.8 crore, while partnership revenue rose 26% compared with the year-ago period. Operationally, the company processed 55.2 million diagnostic tests during the quarter, up 28% YoY. Revenue per test stood at Rs 39.8, down 2% from a year earlier, while revenue per patient increased 7% YoY to Rs 404. The company said it expanded into specialty diagnostics, marking the next phase of its growth journey and the next frontier of its diagnostics business. It began this journey with allergy and genomics testing and has since progressively expanded its specialty test portfolio, with a focus on building clinical trust through scientific rigor, uncompromising quality, and industry-leading turnaround times. Rahul Guha, MD & CEO, Thyrocare Technologies, said, 'Thyrocare reported a strong performance this quarter, driven by continued focus on operational efficiency, network expansion, and value-driven diagnostics. During the period, we also strengthened our specialty portfolio with the addition of allergy testing and entry into genomics through the launch of NIPT, with a phased expansion of the test menu underway. Thyrocare continues to expand its reach in underserved regions and scale its franchise and partner network, while remaining committed to delivering high-quality, affordable healthcare services across India.' Thyrocare Technologies is the advanced fully automated laboratory chain with a strong presence PAN India. The company focuses on providing quality and affordable diagnostic services to laboratories and hospitals. It has a quarterly active franchise count of approximately 11,700 and processed 55.2 million diagnostic and screening investigations in Q1FY27.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Earnings
Thyrocare Technologies consolidated net profit rises 34.06% in the June 2026 quarter

Net profit of Thyrocare Technologies rose 34.06% to Rs 52.19 crore in the quarter ended June 2026 as against Rs 38.93 crore during the previous quarter ended June 2025. Sales rose 24.34% to Rs 240.02 crore in the quarter ended June 2026 as against Rs 193.03 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales240.02193.03 24 OPM %32.1929.93 - PBDT80.7861.89 31 PBT68.2950.48 35 NP52.1938.93 34 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Corporate
Thyrocare Technologies to table results

Thyrocare Technologies will hold a meeting of the Board of Directors of the Company on 23 July 2026.

2 weeks agoCapital Market - Live
Corporate
Corporate
Thyrocare Technologies schedules AGM

Thyrocare Technologies announced that the Annual General Meeting(AGM) of the company will be held on 30 June 2026.

1 month agoCapital Market - Live
Spotlight
Spotlight
Thyrocare Tech surges after Q4 profit soars more than doubles to Rs 47 cr

Profit before tax (PBT) climbed 36.53% to Rs 64.43 crore in the quarter ended 31st March 2026. During the quarter, EBITDA increased 31% YoY to Rs 75.09 crore in Q4 FY26 with EBITDA margin improved 34% in Q4 FY26 over Q4 FY25. During the quarter, the company processed 59 million test, up 29% YoY. Revenue from pathology business jumped 21% YoY. The company reduced the complaints to 3.1 per million (down 34% YoY) with average turnaround time (ATAT) at 3.43 hours from sample receipt. The company said that it has epanded test portfolio with advanced allergy testing (over 250 SKUs on the Phadia platform) and entered genomics with a state-of-the-art lab and launch of Non-invasive Pre-Natal Testing (NIPT), alongside a phased expansion of its test menu to deepen clinical offerings in precision diagnostics. On a full year basis, the company's consolidated net profit climbed 78.18% to Rs 163.05 crore on 20.61% rise in revenue from operations to Rs 829.04 crore in FY26 over FY25. Rahul Guha, MD & CEO, Thyrocare Technologies, said, ''Thyrocare reported a strong performance this quarter, driven by continued focus on operational efficiency, network expansion, and value-driven diagnostics. During the period, we also strengthened our specialty portfolio with the addition of allergy testing and entry into genomics through the launch of NIPT, with a phased expansion of the test menu underway. Thyrocare continues to expand its reach in underserved regions and scale its franchise and partner network, while remaining committed to delivering high-quality, affordable healthcare services across India.' Meanwhile, the company's board recommended a final dividend of Rs 7.00 per equity share for the financial year 2025' 26. In addition, the company's board approved the re-appointment of Rahul Franklin Guha as chairman, managing director & chief executive officer for a further period of five years commencing from May 4, 2027 to May 3, 2032 (both days inclusive). Further, the company's board has approved an investment of up to Rs 5.5 crore in one or more tranches through subscription to the equity shares of Think Health Diagnostics. Thyrocare Technologies is the advanced fully automated laboratory chain with a strong presence PAN India. The company focuses on providing quality and affordable diagnostic services to laboratories and hospitals. It has a quarterly active franchise count of around 10,800 and processed 59.0 million diagnostic and screening investigations in Q4FY26. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Corporate
Board of Thyrocare Technologies recommends final dividend

Thyrocare Technologies announced that the Board of Directors of the Company at its meeting held on 7 May 2026, inter alia, have recommended the final dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.

2 months agoCapital Market - Live
Earnings
Earnings
Thyrocare Technologies consolidated net profit rises 117.14% in the March 2026 quarter

Net profit of Thyrocare Technologies rose 117.14% to Rs 47.12 crore in the quarter ended March 2026 as against Rs 21.70 crore during the previous quarter ended March 2025. Sales rose 19.66% to Rs 223.95 crore in the quarter ended March 2026 as against Rs 187.16 crore during the previous quarter ended March 2025. For the full year,net profit rose 78.18% to Rs 163.05 crore in the year ended March 2026 as against Rs 91.51 crore during the previous year ended March 2025. Sales rose 20.61% to Rs 829.04 crore in the year ended March 2026 as against Rs 687.35 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales223.95187.16 20 829.04687.35 21 OPM %33.5330.49 -31.6127.49 - PBDT78.4660.96 29 277.62200.70 38 PBT64.4347.19 37 219.04145.44 51 NP47.1221.70 117 163.0591.51 78 Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Corporate
Thyrocare Technologies to conduct board meeting

Thyrocare Technologies will hold a meeting of the Board of Directors of the Company on 7 May 2026.

3 months agoCapital Market - Live
Corporate
Corporate
Thyrocare Technologies allots 3,624 equity shares under ESOS

Thyrocare Technologies has allotted 3,624 equity shares under ESOS on 02 March 2026. With this allotment, the paid up equity share capital has increased 15,91,65,315 equity shares of Rs 10 each. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Corporate
Thyrocare Technologies to declare Quarterly Results

Thyrocare Technologies will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Thyrocare Technologies Ltd (THYROCARE) today?

    The share price of THYROCARE as on 31st July 2026 is ₹579. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Thyrocare Technologies Ltd (THYROCARE) share?

    The past returns of Thyrocare Technologies Ltd (THYROCARE) share are
    • Past 1 week: 1.91%
    • Past 1 month: 3.04%
    • Past 3 months: 44.64%
    • Past 6 months: 44.73%
    • Past 1 year: 31.01%
    • Past 3 years: 192.48%
    • Past 5 years: 31.07%

  3. What are the peers or stocks similar to Thyrocare Technologies Ltd (THYROCARE)?
  4. What is the dividend yield % of Thyrocare Technologies Ltd (THYROCARE) share?

    The current dividend yield of Thyrocare Technologies Ltd (THYROCARE) is 2.42.

  5. What is the market cap of Thyrocare Technologies Ltd (THYROCARE) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Thyrocare Technologies Ltd (THYROCARE) is ₹9215.67 Cr as of 31st July 2026.

  6. What is the 52 week high and low of Thyrocare Technologies Ltd (THYROCARE) share?

    The 52-week high of Thyrocare Technologies Ltd (THYROCARE) is ₹617.45 and the 52-week low is ₹342.55.

  7. What is the PE and PB ratio of Thyrocare Technologies Ltd (THYROCARE) stock?

    The P/E (price-to-earnings) ratio of Thyrocare Technologies Ltd (THYROCARE) is 56.52. The P/B (price-to-book) ratio is 15.73.

  8. Which sector does Thyrocare Technologies Ltd (THYROCARE) belong to?

    Thyrocare Technologies Ltd (THYROCARE) belongs to the Health Care sector & Hospitals & Diagnostic Centres sub-sector.

  9. How to buy Thyrocare Technologies Ltd (THYROCARE) shares?

    You can directly buy Thyrocare Technologies Ltd (THYROCARE) shares on Tickertape. Simply sign up, connect your demat account and place your order.