Thyrocare Tech.

Why is Thyrocare Technologies Ltd falling/rising?

As of 09-Aug, Thyrocare Technologies Ltd's stock price is rising to 603.55, reflecting a 0.94% increase. This growth is driven by strong financial performance, including a 35.33% year-to-date increase and consistent profitability, despite some risks related to high valuation and pledged shares.

As of 09-Aug, Thyrocare Technologies Ltd's stock price is rising, currently at 603.55, reflecting a change of 5.65 (0.94%) upward. This increase can be attributed to several positive factors. The stock has shown strong performance over various periods, with a year-to-date increase of 35.33%, significantly outperforming the Sensex, which has declined by 7.89% during the same timeframe. Additionally, the stock has gained 4.21% over the past week and 13.49% over the past month, indicating a consistent upward trend.<BR><BR>Today's performance is particularly noteworthy as the stock has outperformed its sector by 0.36% and is only 2.07% away from its 52-week high of Rs 617.3. The stock is also trading above its moving averages across multiple timeframes, which is a positive technical indicator. Furthermore, Thyrocare Technologies Ltd has demonstrated high management efficiency with a return on equity (ROE) of 20.88% and has been net-debt free, contributing to investor confidence.<BR><BR>The company reported a significant net profit growth of 33.07% in its latest quarterly results, maintaining positive results for the last ten consecutive quarters. This consistent performance has led to a strong return of 34.49% over the past year, outperforming the broader market indices.<BR><BR>However, it is important to note that there are risks associated with the stock, including a high valuation compared to peers and the fact that 100% of promoter shares are pledged, which could exert downward pressure in adverse market conditions. Despite these risks, the current upward movement in the stock price is supported by its strong financial performance and positive market sentiment.

Which are the latest news on Thyrocare Tech.?

Are Thyrocare Technologies Ltd latest results good or bad?

Thyrocare Technologies Ltd's latest results are positive, with a 34.06% increase in net profit and a 24.34% rise in revenue for Q1 FY27, indicating strong demand and effective cost management. The company boasts impressive operating margins and a high return on equity, although its current valuation is considered "very expensive."

Thyrocare Technologies Ltd's latest results can be considered quite good. In Q1 FY27, the company reported a net profit of ₹52.19 crores, reflecting a significant year-on-year increase of 34.06%. Additionally, revenue grew by 24.34% compared to the same quarter last year, reaching ₹240.02 crores. This growth indicates strong demand for their diagnostic services and successful expansion of their testing portfolio.<BR><BR>The operating margin stood at 32.19%, which is impressive and demonstrates effective cost management. Furthermore, the return on equity (ROE) is notably high at 28.68%, showcasing the company's ability to generate substantial returns from its equity.<BR><BR>Overall, Thyrocare has shown robust financial performance, with strong revenue and profit growth, industry-leading margins, and a solid balance sheet with no long-term debt. These factors contribute to a positive outlook for the company, despite its current valuation being considered "very expensive."

Should I buy, sell or hold Thyrocare Technologies Ltd?

What does Thyrocare Tech. do?

Thyrocare Technologies Ltd is a healthcare services company specializing in affordable diagnostic services. As of March 2026, it reported net sales of 224 Cr and a net profit of 47 Cr, with a market cap of INR 8,716 Cr.

Overview:<BR>Thyrocare Technologies Ltd operates in the healthcare services industry, providing quality diagnostic services at affordable costs.<BR><BR>History:<BR>Incorporated in January 2000, Thyrocare Technologies Ltd has been active in the healthcare sector and reported net sales and net profit for the quarter ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 224 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 47 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 8,716 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 50.00 <BR>Industry P/E: 60 <BR>Dividend Yield: 1.70% <BR>Debt-Equity: -0.29 <BR>Return on Equity: 28.68% <BR>Price to Book: 14.90<BR><BR>Contact Details:<BR>Address: D-37/1 TTC Industrial Area, MIDC Turbhe Navi Mumbai Maharashtra : 400703 <BR>Tel: 91-22-27622762 <BR>Email: investor_relations@thyrocare.com <BR>Website: http://www.thyrocare.com

How big is Thyrocare Tech.?

As of 10th June, Thyrocare Technologies Ltd has a market capitalization of 8,716.00 Cr, with recent net sales of 829.04 Cr and net profit of 163.05 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Thyrocare Technologies Ltd has a market capitalization of 8,716.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 829.04 Cr, while the sum of Net Profit for the same period is 163.05 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 585.50 Cr and Total Assets valued at 731.56 Cr.

Who are in the management team of Thyrocare Tech.?

The management team of Thyrocare Technologies includes Rahul Guha (Managing Director & CEO), Ramjee Dorai (Company Secretary), and several independent and non-executive directors, bringing diverse expertise to the company's governance.

The management team of Thyrocare Technologies includes the following individuals:<BR><BR>1. **Rahul Guha** - Managing Director & CEO<BR>2. **Ramjee Dorai** - Company Secretary & Compliance Officer<BR>3. **Gopal Shivram Hegde** - Independent Director<BR>4. **Neetin Shivajirao Desai** - Independent Director<BR>5. **Vishwas Madhav Kulkarni** - Independent Director<BR>6. **Indumati Gopinathan** - Independent Director<BR>7. **Dhaval Shah** - Non-Executive & Non-Independent Director<BR>8. **Dharmil Sheth** - Non-Executive & Non-Independent Director<BR>9. **Hardik Dedhia** - Non-Executive & Non-Independent Director<BR>10. **Prapti Ishwar Gilada** - Independent Director<BR>11. **Harshil Jiten Vora** - Independent Director<BR><BR>This diverse team brings a range of expertise to the company, contributing to its strategic direction and governance.

Who are the peers of the Thyrocare Tech.?

Thyrocare Tech.'s peers include Syngene Intl., Poly Medicure, Vijaya Diagnost., Indegene, Metropolis Health, Suven Life Sciences, Vimta Labs, Krsnaa Diagnost., and Suraksha Diagno. Most peers show Below Average growth and management risk, with Thyrocare Tech. achieving a 1-year return of 62.27%, significantly higher than its peers.

Peers: The peers of Thyrocare Tech. are Syngene Intl., Poly Medicure, Vijaya Diagnost., Indegene, Metropolis Healt, Suven Life Scie., Vimta Labs, Krsnaa Diagnost., and Suraksha Diagno.<BR><BR>Quality Snapshot: Excellent management risk is observed at Syngene Intl., Poly Medicure, Vijaya Diagnost., Metropolis Healt., and Suraksha Diagno., while Average management risk is found at Indegene, Vimta Labs, and Krsnaa Diagnost., and the rest have Below Average management risk. All peers exhibit Below Average growth except for Suraksha Diagno., which has Good growth, while the rest, including Thyrocare Tech., show Below Average growth. Excellent capital structure is noted for Syngene Intl., Poly Medicure, Vijaya Diagnost., Indegene, Metropolis Healt., Vimta Labs, and Krsnaa Diagnost., while Suven Life Scie. has Below Average capital structure.<BR><BR>Return Snapshot: Vijaya Diagnost. has the highest 1-year return at 36.39%, while Poly Medicure has the lowest at -36.89%. Thyrocare Tech.'s 1-year return of 62.27% is significantly higher than both. Additionally, peers such as Suven Life Scie., Krsnaa Diagnost., and Suraksha Diagno. have negative six-month returns.

When is the next results date for Thyrocare Technologies Ltd?

The next results date for Thyrocare Technologies Ltd is 07 May 2026.

The next results date for Thyrocare Technologies Ltd is scheduled for 07 May 2026.

Is Thyrocare Tech. technically bullish or bearish?

As of December 2, 2025, Thyrocare Tech. shows a mildly bullish trend supported by bullish MACD and moving averages, but tempered by a mildly bearish KST and Dow Theory signals, indicating caution in the current market.

As of 2 December 2025, the technical trend for Thyrocare Tech. has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and daily moving averages indicating bullish momentum. However, the KST shows a mildly bearish signal on the weekly chart, which tempers the overall bullish outlook. Bollinger Bands are also indicating mildly bullish conditions on both weekly and monthly charts. The RSI shows no significant signals, and Dow Theory reflects a mildly bearish stance on the weekly chart with no trend on the monthly. Overall, while there are bullish indicators present, the mildly bearish signals suggest caution in the current market environment.

What is the bonus history of Thyrocare Tech.?

Thyrocare Technologies Ltd recently announced a 2:1 bonus issue, with an ex-date of November 28, 2025. Shareholders will receive two additional shares for every one share held as of that date.

Thyrocare Technologies Ltd has a recent bonus issue where they announced a 2:1 bonus. The ex-date for this bonus is set for November 28, 2025. This means that shareholders will receive two additional shares for every one share they hold as of the record date, which is also November 28, 2025. If you have any further questions about Thyrocare or its corporate actions, feel free to ask!

How has been the historical performance of Thyrocare Tech.?

Thyrocare Tech. has shown steady growth in net sales and profits, with net sales increasing from 402.91 Cr in Mar'19 to 687.35 Cr in Mar'25, and profit after tax rising to 92.19 Cr in Mar'25. The company has demonstrated resilience with improved earnings per share and strong cash flow from operating activities.

Answer:<BR>The historical performance of Thyrocare Tech. shows a steady growth in net sales and profits over the years, with a notable increase in recent years.<BR><BR>Breakdown:<BR>Thyrocare Tech. has demonstrated a consistent upward trend in net sales, rising from 402.91 Cr in Mar'19 to 687.35 Cr in Mar'25. Total operating income followed a similar trajectory, reaching 687.35 Cr in Mar'25, up from 571.88 Cr in Mar'24. The company's total expenditure also increased, amounting to 496.99 Cr in Mar'25 compared to 434.45 Cr in Mar'24. Operating profit, however, saw fluctuations, peaking at 264.14 Cr in Mar'22 before declining to 205.19 Cr in Mar'25. Profit before tax increased to 146.88 Cr in Mar'25 from 95.59 Cr in Mar'24, while profit after tax rose to 92.19 Cr in Mar'25, up from 69.10 Cr in Mar'24. The earnings per share (EPS) improved to 17.27 in Mar'25 from 13.36 in Mar'24. On the balance sheet, total assets grew to 684.22 Cr in Mar'25 from 629.06 Cr in Mar'24, while total liabilities also increased to 684.22 Cr in Mar'25. Cash flow from operating activities showed a positive trend, reaching 191 Cr in Mar'25, indicating strong operational performance. Overall, Thyrocare Tech. has shown resilience and growth in its financial metrics over the years.

Has Thyrocare Tech. declared dividend?

Yes, Thyrocare Technologies Ltd has declared a 70% dividend, amounting to ₹21 per share, with an ex-date of July 25, 2025. The company has demonstrated strong total returns across various periods, reflecting its commitment to shareholder value.

Thyrocare Technologies Ltd has declared a 70% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 70%<BR>- Amount per share: 21<BR>- Ex-date: Jul-25-2025<BR><BR>Dividend Yield: 1.69%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, the price return was 6.28%, the dividend return was 2.37%, resulting in a total return of 8.65%.<BR><BR>Over the past 6 months, the price return reached 79.35%, with a dividend return of 3.81%, culminating in a total return of 83.16%.<BR><BR>For the 1-year period, the price return was 43.61%, the dividend return was 3.11%, leading to a total return of 46.72%.<BR><BR>In the 2-year span, the price return stood at 123.52%, with a dividend return of 8.53%, resulting in a total return of 132.05%.<BR><BR>Over the last 3 years, the price return was 89.03%, the dividend return was 9.93%, giving a total return of 98.96%.<BR><BR>In the 4-year period, the price return was 11.77%, with a dividend return of 6.78%, resulting in a total return of 18.55%.<BR><BR>Finally, in the 5-year period, the price return was 25.73%, the dividend return was 9.86%, leading to a total return of 35.59%.<BR><BR>Overall, Thyrocare Technologies Ltd has shown a strong performance with significant total returns across various periods, supported by a declared dividend, indicating a commitment to returning value to shareholders.

Who are the top shareholders of the Thyrocare Tech.?

The top shareholder of Thyrocare Technologies is Docon Technologies Private Limited, holding 71.06%. Other significant shareholders include Nippon Life India Trustee Ltd at 7.05%, mutual funds with 12.97%, foreign institutional investors at 2.41%, and individual investors with 9.21%.

The top shareholders of Thyrocare Technologies include a mix of promoters, mutual funds, and individual investors. The majority shareholder is Docon Technologies Private Limited, which holds a significant 71.06% of the company. Promoters collectively have pledged their holdings entirely. Among public shareholders, Nippon Life India Trustee Ltd, representing the Nippon India Small Cap Fund, is the largest with a holding of 7.05%. Additionally, mutual funds account for 12.97% of the shares, held by seven different schemes, while foreign institutional investors (FIIs) hold 2.41%. Individual investors collectively own 9.21% of the company.

Is Thyrocare Tech. overvalued or undervalued?

As of July 3, 2025, Thyrocare Technologies is considered very expensive and overvalued due to its high PE ratio of 59.09, Price to Book Value of 9.91, and EV to EBITDA of 27.57, despite a strong ROCE of 35.59% and a one-year stock return of 59.53%.

As of 3 July 2025, the valuation grade for Thyrocare Technologies has moved from expensive to very expensive, indicating a significant concern regarding its current pricing. The company is deemed overvalued based on its high PE ratio of 59.09, a Price to Book Value of 9.91, and an EV to EBITDA of 27.57. These ratios suggest that investors are paying a premium for the stock relative to its earnings and book value.<BR><BR>In comparison to its peers, Thyrocare's valuation appears excessive, especially when looking at Max Healthcare, which has a PE of 112.13, and Apollo Hospitals with a PE of 75.12. While Thyrocare's ROCE stands at a robust 35.59%, the high PEG ratio of 2.01 further emphasizes the overvaluation concern. Additionally, despite a strong one-year stock return of 59.53% compared to the Sensex's 4.07%, the elevated valuation metrics suggest that the stock may not sustain this growth, reinforcing the conclusion that Thyrocare Technologies is overvalued.