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Thyrocare Technologies Ltd

THYROCARE Share Price

422.001.45% (-6.20)
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With a market cap of ₹6,815 cr, stock is ranked 672

Stock is 3.60x 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

Low

Lagging behind the market in financials growth

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 ₹6,815 cr, stock is ranked 672

Stock is 3.60x as volatile as Nifty

THYROCARE Performance & Key Metrics

THYROCARE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
53.3612.461.63%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.945.830.58%

THYROCARE Analyst Ratings & Forecast

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

from 2 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 

Oct 14, 2025

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
98.00
98.00
1Y Return
1.85%
1.85%
Buy Reco %
77.27
77.27
PE Ratio
71.61
71.61
1Y Return
0.43%
0.43%
Buy Reco %
86.21
86.21
PE Ratio
86.64
86.64
1Y Return
24.99%
24.99%
Buy Reco %
75.00
75.00
PE Ratio
49.80
49.80
1Y Return
47.18%
47.18%
Buy Reco %
77.78
77.78
PE Ratio
6.28
6.28
1Y Return
34.87%
34.87%
Buy Reco %
100.00
100.00
Compare with Peers

THYROCARE Sentiment Analysis

THYROCARE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

THYROCARE Stock Summary · October 2025

Thyrocare Technologies is celebrating its 25th anniversary with a strong commitment to shareholder value, evidenced by a bonus share issuance and an interim dividend, reflecting confidence in its robust financial performance. The company has achieved a remarkable 22% year-on-year revenue growth, driven by strategic expansions in its franchise network and partnerships, particularly in Tier 3 cities. Despite facing a 26% decline in fever-related volumes, the core business remains stable, supported by a focus on operational efficiency and quality, including 100% NABL accreditation. Looking ahead, Thyrocare is poised to capitalize on emerging opportunities in the diagnostics market, particularly with GLP-1 drugs, while maintaining a cautious outlook amid potential headwinds. Investments in logistics and technology are enhancing service capabilities, ensuring the company remains competitive in a dynamic landscape.

THYROCARE Stock Growth Drivers
THYROCARE Stock Growth Drivers
8
  • Bonus Share Issuance and Interim Dividend

    The company has approved a bonus share issuance in a 2:1 ratio, aimed at rewarding

  • Consistent Growth in Non-COVID Business

    Thyrocare has achieved a 19% CAGR in non-COVID growth over the past four years, demonstrating

THYROCARE Stock Challenges
THYROCARE Stock Challenges
3
  • Seasonal Margin Challenges

    The company faces seasonal fluctuations in its business performance, particularly with Q2 being strong but

  • Impact of Decreased Fever Cases

    There is a cautious outlook for the second half of the fiscal year due to

THYROCARE Forecast

THYROCARE Forecasts

Price

Revenue

Earnings

THYROCARE

THYROCARE

Income

Balance Sheet

Cash Flow

THYROCARE Income Statement

THYROCARE Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.73%, vs industry avg of 13.4%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 1.06% to 0.88%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 0.69%, vs industry avg of 42.46%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue316.63379.32413.52441.44507.05618.11536.27581.64702.18779.47
Raw Materialssubtract81.7894.61110.79117.17163.86170.57163.03166.98190.27534.88
Power & Fuel Costsubtract6.356.687.778.697.648.4010.7010.1511.52
Employee Costsubtract32.0035.3443.3548.9258.0761.13106.15107.86126.77
Selling & Administrative Expensessubtract46.1449.5759.2744.4842.1645.4752.6973.2382.65
Operating & Other expensessubtract50.1727.5927.5048.0151.7067.7471.5774.9086.53
Depreciation/Amortizationsubtract18.0520.1026.1731.9130.2833.8738.7147.0155.2653.75
Interest & Other Itemssubtract0.460.440.611.850.873.214.835.533.742.67
Taxes & Other Itemssubtract38.8351.7152.9252.0139.3251.5824.1025.2253.9360.44
EPS1.335.795.335.587.1411.104.064.465.768.03
DPS3.333.336.671.678.335.006.006.007.007.00
Payout ratio2.510.581.250.301.170.451.481.351.220.87

THYROCARE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Oct 14PDF
Jul 23PDF
Jul 23PDF
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
Nov 11PDF
Aug 1PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

Apr 30PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

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 Ltd74.4812.461.63%
Max Healthcare Institute Ltd98.0011.240.14%
Apollo Hospitals Enterprise Ltd71.619.330.18%
Fortis Healthcare Ltd86.647.320.11%

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

Increased 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 increased by 1.62%

Tickertape Separator

THYROCARE Shareholding Pattern

THYROCARE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.06%11.89%1.58%4.85%10.63%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

THYROCARE Shareholding History

THYROCARE Shareholding History

JunSepDec '24MarJunSep2.49%1.93%2.77%2.41%3.23%4.85%

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)
3.5317%0.35%-0.03%87/252 (-20)
3.1752%2.59%-0.04%11/41 (+2)
2.1179%0.92%0.92%48/71 (+21)

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

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 1.63%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹16.33 every year

Dividends

Corp. Actions

Announcements

Legal Orders

THYROCARE Dividend Trend

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 1.63%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹16.33 every year

THYROCARE Upcoming Dividends

THYROCARE Upcoming Dividends

No upcoming dividends are available

THYROCARE Past Dividends

THYROCARE Past Dividends

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

Cash Dividend

Ex DateEx DateMay 11, 2022

Interim
Interim | Div/Share: ₹15.00

Dividend/Share

15.00

Ex DateEx Date

May 11, 2022

THYROCARE Stock News & Opinions

THYROCARE Stock News & Opinions

Corporate
Thyrocare Technologies allots 10.61 cr equity shares under bonus issue

Thyrocare Technologies has allotted 10,61,07,794 equity shares of Rs 10 each under bonus issue in ratio of 2:1. Post allotment, the paid up equity share capital has increased to 15,91,61,691 equity shares of Rs 10 each. Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Thyrocare Technologies announces resignation of Chief Commercial Officer

Thyrocare Technologies announced that Nitin Chugh, Chief Commercial Officer and part of the Senior Management Personnel of the company has resigned with effect from 30 November 2025. Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
Thyrocare Technologies promoter offloads shares

Docon Technologies Private Limited ('Docon'), Promoter of Thyrocare Technologies has sold 53,32,860 equity shares of the Company through market trades on 24th October 2025 for an aggregate gross consideration of Rs. 667.69 crore (rounded off), at an average price of approximately Rs. 1,252.03 per share (rounded off). The number of shares sold constitutes approximately 10% of the total paid-up capital of the Company. Following this transaction, Docon continues to be a promoter of the Company. Post this transaction, the promoter shareholding in the Company stands reduced to 60.93% from the pre-transaction shareholding of 70.98%.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Thyrocare Technologies fixes record date for interim dividend

Thyrocare Technologies has fixed 24 October 2025 as record date for interim dividend. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Thyrocare Technologies declares bonus issue of 2:1

The Board of Thyrocare Technologies has approved issuance of bonus shares in the proportion of 2:1, i.e. 2 bonus equity shares of Rs 10 each for every 1 fully paid-up equity share held as on the record date. Also, the board has declared an interim dividend of INR 7 per equity share of the face value of Rs 10 each, pre-bonus issuancePowered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Thyrocare Technologies consolidated net profit rises 79.94% in the September 2025 quarter

Net profit of Thyrocare Technologies rose 79.94% to Rs 47.99 crore in the quarter ended September 2025 as against Rs 26.67 crore during the previous quarter ended September 2024. Sales rose 22.09% to Rs 216.53 crore in the quarter ended September 2025 as against Rs 177.36 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales216.53177.36 22 OPM %32.9527.06 - PBDT74.0949.85 49 PBT62.5836.78 70 NP47.9926.67 80 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Thyrocare Technologies recommends interim dividend

Thyrocare Technologies announced that the Board of Directors of the Company at its meeting held on 14 October 2025, inter alia, have recommended the interim dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Thyrocare Technologies posts 82% YoY jump in Q2 PAT; board OKs 2:1 bonus share issue proposal

In the Pathology business, franchise revenue grew by 20% year-on-year, while partnership revenue recorded a robust 35% year-on-year growth. Thyrocare processed 53.3 million tests in Q2FY26, marking a strong 21% year-on-year growth. Reported EBITDA improved by 48% to Rs 71.45 crore in Q2 FY26 from Rs 48.22 crore in Q2 FY25. Reported EBITDA for Q2 FY26 was 33% as against 27% in Q2 FY25. Profit before tax in Q2 FY26 stood at Rs 62.58 crore, up by 70% from Rs 36.78 crore in Q2 FY25. The company is debt-free on a consolidated basis and holds a net cash and cash equivalents including short-term investments of over Rs 190 crore. The company's board of directors has approved issuance of bonus shares in the proportion of 2:1, i.e. 2 bonus equity shares of Rs 10 each for every 1 fully paid-up equity share held as on the record date. The company will notify the record date for determining the eligibility of shareholders entitled to receive bonus shares in due course. The board of directors has declared an interim dividend of Rs 7 per equity share of the face value of Rs 10 each, pre-bonus issuance. The record date for the interim dividend payout will be 24 October 2025. Thyrocare Technologies is India's first and foremost advanced fully automated laboratory chain with strong presence PAN India. The company focuses on providing quality and affordable diagnostic services to laboratories and hospitals. Thyrocare has a quarterly active franchise count of more than 10,000 and has processed over 53.3 million diagnostic and screening investigations in Q2 FY26. The scrip had gained 0.12% to end at Rs 1264.60 on the BSE today. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Thyrocare Technologies to announce Quarterly Result

Thyrocare Technologies will hold a meeting of the Board of Directors of the Company on 14 October 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Thyrocare Technologies announces appointment of Rahul Guha as MD and CEO

Thyrocare Technologies announced that as part of the ongoing leadership development across the group, the company has received an intimation dated 06 August 2025 from API Holdings (API), the ultimate holding company of Thyrocare, stating that  the Board of Directors of API has approved the appointment of Rahul Guha, Managing Director and Chief Executive Officer of Thyrocare, with the additional responsibility of Managing Director and Chief Executive Officer of API, with effect from 27 August  2025. Prior to this, Guha was serving as President - Operations at API and KMP, focusing on driving synergies across API and its group companies. Powered by Capital Market - Live

3 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 5th December 2025 is ₹422. 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: -13.18%
    • Past 1 month: -5.96%
    • Past 3 months: -4.19%
    • Past 6 months: 28.45%
    • Past 1 year: 25.85%
    • Past 3 years: 100.65%
    • Past 5 years: 22.39%

  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 1.63.

  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 ₹6815.30 Cr as of 5th December 2025.

  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 ₹536.66 and the 52-week low is ₹219.33.

  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 74.48. The P/B (price-to-book) ratio is 12.46.

  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.