Thyrocare Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 28.4%)
- Efficient capital deployment (ROCE 35.4%)
- Virtually debt-free
- Regular dividends — yield 1.6%
Concerns
- High premium to book value (P/B 15.5x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SUNPHARMA Sun Pharmaceutical Industries Limited | ₹1,899 | ₹4.6L Cr | 36.1 | 5.46 | 16 | 20.5 | 0.07 |
| DIVISLAB Divi's Laboratories Limited | ₹9,100 | ₹2.4L Cr | 81.1 | 14.42 | 16.5 | 22 | 0.01 |
| TORNTPHARM Torrent Pharmaceuticals Limited | ₹4,857 | ₹1.8L Cr | 82.8 | 19.58 | 27.4 | 15.2 | 0.33 |
| APOLLOHOSP Apollo Hospitals Enterprise Limited | ₹8,650 | ₹1.2L Cr | 59.1 | 13.13 | 21.2 | 17.4 | 0.88 |
| CIPLA Cipla Limited | ₹1,385 | ₹1.1L Cr | 31.3 | 3.25 | 11.6 | 15.5 | 0.01 |
| ZYDUSLIFE Zydus Lifesciences Limited | ₹1,120 | ₹1.1L Cr | 23 | 4.16 | 21.2 | 21.1 | 0.38 |
| LAURUSLABS Laurus Labs Limited | ₹1,840 | ₹99K Cr | 90.9 | 18.74 | 18.3 | 17.8 | 0.46 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
THYROCARE · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 71.11% | 71.11% | 71.11% | 71.11% | 71.06% | 71.06% |
| FII | 3.35% | 2.90% | 2.49% | 1.93% | 2.77% | 2.41% |
| DII | 13.89% | 14.88% | 14.89% | 14.79% | 14.68% | 14.97% |
| Public | 11.64% | 11.11% | 11.49% | 12.15% | 11.49% | 11.57% |
Corporate Events
Thyrocare Technologies Limited has informed the Exchange about Board Meeting to be held on July 23, 2026 to inter-alia consider and approve the Unaudited Standalone and Consolidated Financial results of the Company for the quarter ended June 30, 2026
Dividend - Rs 7 Per Share
Bonus 2:1
Interim Dividend - Rs 7 Per Share
Dividend - Rs 21 Per Share
Dividend - Rs 18 Per Share
Latest News
All newsThyrocare promoter sells 1.58 crore shares
*Thyrocare promoter offloads 1.58 crore shares.* Docon Technologies Private Limited sold **1,57,69,696** equity shares of the company. The stake sale by the promoter entity may signal reduced confidence or fund realignment. Traders should monitor for potential price volatility. 📊 *STOCKS:* $THYROCARE | 🏢 *SECTOR:* Healthcare | #MEDIUMIMPACT #PromoterSelling
Thyrocare publishes newspaper notice for fund raising
*Thyrocare publishes newspaper notice for fund raising.* The company has issued a newspaper publication related to a fund raising activity, as per a corporate filing on NSE. This is a procedural step and does not disclose size or timing. Such notices are typically routine and informational. 📊 *STOCKS:* $THYROCARE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Funding
Thyrocare announces 1.75 crore equity shares update
*Thyrocare announces 1.75 crore equity shares update.* The company filed updated equity share data with the NSE, disclosing **1,75,00,000** shares. This reflects routine regulatory disclosure with no immediate financial impact. Investors should monitor for further corporate developments. 📊 *STOCKS:* THYROCARE | 🏢 *SECTOR:* Healthcare | #LOWIMPACT #CorporateFiling
Thyrocare ₹1,000 crore block deal planned
*Thyrocare ₹1,000 crore block deal planned*. A block deal involving **1.5 crore shares** at a floor price of **₹630–631** may result in a **₹1,000 crore** stake sale. The transaction signals significant promoter or investor exit. Such bulk deals can impact short-term price volatility and market sentiment. 📊 *STOCKS:* $THYROCARE | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #BlockDeal
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹224 Cr 14.3% | ₹196 Cr 9.7% | ₹217 Cr 12.4% | ₹193 Cr 3.2% | ₹187 Cr 12.7% | ₹166 Cr 6.2% | ₹177 Cr 12.7% | ₹157 Cr |
| Op. Profit | ₹75 Cr 29.3% | ₹58 Cr 18.3% | ₹71 Cr 22.4% | ₹58 Cr 1.8% | ₹57 Cr 35.7% | ₹42 Cr 12.5% | ₹48 Cr 14.3% | ₹42 Cr |
| OPM | 34.0% 13.3% | 30.0% 9.1% | 33.0% 10.0% | 30.0% 0.0% | 30.0% 20.0% | 25.0% 7.4% | 27.0% 0.0% | 27.0% |
| Net Profit | ₹49 Cr 75.0% | ₹28 Cr 41.7% | ₹48 Cr 26.3% | ₹38 Cr 72.7% | ₹22 Cr 15.8% | ₹19 Cr 26.9% | ₹26 Cr 8.3% | ₹24 Cr |
| EPS (₹) | 2.96 62.6% | 1.82 39.7% | 3.02 23.3% | 2.45 80.1% | 1.36 13.3% | 1.2 28.6% | 1.68 10.5% | 1.52 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹829 Cr 20.7% | ₹687 Cr 20.1% | ₹572 Cr 8.5% | ₹527 Cr 10.5% | ₹589 Cr 19.0% | ₹495 Cr 14.1% | ₹434 Cr 7.7% | ₹403 Cr 13.2% | ₹356 Cr 17.1% | ₹304 Cr |
| Expenses | ₹566 Cr 13.7% | ₹498 Cr 15.3% | ₹432 Cr 7.2% | ₹403 Cr 14.2% | ₹353 Cr 9.3% | ₹323 Cr 23.8% | ₹261 Cr 4.8% | ₹249 Cr 17.5% | ₹212 Cr 12.2% | ₹189 Cr |
| Op. Profit | ₹263 Cr 38.4% | ₹190 Cr 35.7% | ₹140 Cr 13.8% | ₹123 Cr 47.9% | ₹236 Cr 38.0% | ₹171 Cr 1.7% | ₹174 Cr 13.0% | ₹154 Cr 6.2% | ₹145 Cr 26.1% | ₹115 Cr |
| OPM | 32.0% 14.3% | 28.0% 16.7% | 24.0% 4.3% | 23.0% 42.5% | 40.0% 14.3% | 35.0% 12.5% | 40.0% 5.3% | 38.0% 7.3% | 41.0% 7.9% | 38.0% |
| Other Income | ₹12 Cr 20.0% | ₹15 Cr 66.7% | ₹9 Cr 0.0% | ₹9 Cr 69.0% | ₹29 Cr 141.7% | ₹12 Cr 1100.0% | ₹1 Cr 90.9% | ₹11 Cr 47.6% | ₹21 Cr 240.0% | ₹-15 Cr |
| Interest | ₹4 Cr 0.0% | ₹4 Cr 33.3% | ₹6 Cr 20.0% | ₹5 Cr 66.7% | ₹3 Cr 200.0% | ₹1 Cr 50.0% | ₹2 Cr 100.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹59 Cr 7.3% | ₹55 Cr 17.0% | ₹47 Cr 20.5% | ₹39 Cr 14.7% | ₹34 Cr 13.3% | ₹30 Cr 6.3% | ₹32 Cr 23.1% | ₹26 Cr 30.0% | ₹20 Cr 11.1% | ₹18 Cr |
| PBT | ₹213 Cr 46.9% | ₹145 Cr 51.0% | ₹96 Cr 7.9% | ₹89 Cr 61.0% | ₹228 Cr 50.0% | ₹152 Cr 8.6% | ₹140 Cr 1.4% | ₹138 Cr 4.8% | ₹145 Cr 76.8% | ₹82 Cr |
| Tax % | 24.0% 36.8% | 38.0% 35.7% | 28.0% 3.7% | 27.0% 17.4% | 23.0% 11.5% | 26.0% 29.7% | 37.0% 2.6% | 38.0% 5.6% | 36.0% 25.0% | 48.0% |
| Net Profit | ₹163 Cr 79.1% | ₹91 Cr 31.9% | ₹69 Cr 7.8% | ₹64 Cr 63.6% | ₹176 Cr 55.8% | ₹113 Cr 28.4% | ₹88 Cr 3.5% | ₹85 Cr 8.6% | ₹93 Cr 116.3% | ₹43 Cr |
| EPS (₹) | 10.24 77.8% | 5.76 29.4% | 4.45 9.6% | 4.06 63.4% | 11.1 55.7% | 7.13 27.8% | 5.58 3.7% | 5.38 7.1% | 5.79 117.7% | 2.66 |
| Div Payout | 137.0% 12.3% | 122.0% 9.6% | 135.0% 8.8% | 148.0% 228.9% | 45.0% 61.5% | 117.0% 290.0% | 30.0% 75.8% | 124.0% 113.8% | 58.0% 53.6% | 125.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹159 Cr 200.0% | ₹53 Cr 0.0% | ₹53 Cr 0.0% | ₹53 Cr 0.0% | ₹53 Cr 0.0% | ₹53 Cr 0.0% | ₹53 Cr 0.0% | ₹53 Cr 1.9% | ₹54 Cr 0.0% | ₹54 Cr |
| Reserves | ₹426 Cr 13.8% | ₹494 Cr 4.2% | ₹474 Cr 1.5% | ₹481 Cr 1.5% | ₹474 Cr 26.7% | ₹374 Cr 19.1% | ₹314 Cr 17.8% | ₹382 Cr 2.1% | ₹390 Cr 10.2% | ₹354 Cr |
| Borrowings | ₹51 Cr 104.0% | ₹25 Cr 40.5% | ₹42 Cr 82.6% | ₹23 Cr 9.5% | ₹21 Cr 162.5% | ₹8 Cr 33.3% | ₹12 Cr 500.0% | ₹2 Cr | ₹0 Cr | ₹0 Cr |
| Other Liabilities | ₹111 Cr 8.3% | ₹121 Cr 61.3% | ₹75 Cr 1.4% | ₹74 Cr 23.3% | ₹60 Cr 43.4% | ₹106 Cr 17.8% | ₹90 Cr 143.2% | ₹37 Cr 2.8% | ₹36 Cr 20.0% | ₹30 Cr |
| Total Liabilities | ₹747 Cr 7.8% | ₹693 Cr 7.6% | ₹644 Cr 1.9% | ₹632 Cr 4.1% | ₹607 Cr 12.2% | ₹541 Cr 15.4% | ₹469 Cr 1.3% | ₹475 Cr 0.8% | ₹479 Cr 9.4% | ₹438 Cr |
Assets | ||||||||||
| Fixed Assets | ₹317 Cr 6.7% | ₹297 Cr 2.9% | ₹306 Cr 4.1% | ₹294 Cr 3.2% | ₹285 Cr 12.6% | ₹253 Cr 5.9% | ₹269 Cr 8.5% | ₹294 Cr 1.7% | ₹299 Cr 15.4% | ₹259 Cr |
| CWIP | ₹3 Cr 78.6% | ₹14 Cr 366.7% | ₹3 Cr 50.0% | ₹2 Cr 33.3% | ₹3 Cr 62.5% | ₹8 Cr 60.0% | ₹5 Cr 400.0% | ₹1 Cr | ₹0 Cr 100.0% | ₹17 Cr |
| Investments | ₹177 Cr 9.3% | ₹162 Cr 0.0% | ₹162 Cr 12.5% | ₹144 Cr 1.4% | ₹146 Cr 15.9% | ₹126 Cr 40.0% | ₹90 Cr 5.3% | ₹95 Cr 20.8% | ₹120 Cr 15.4% | ₹104 Cr |
| Other Assets | ₹250 Cr 13.6% | ₹220 Cr 27.2% | ₹173 Cr 9.9% | ₹192 Cr 11.0% | ₹173 Cr 12.3% | ₹154 Cr 46.7% | ₹105 Cr 25.0% | ₹84 Cr 40.0% | ₹60 Cr 3.4% | ₹58 Cr |
| Total Assets | ₹747 Cr 7.8% | ₹693 Cr 7.6% | ₹644 Cr 1.9% | ₹632 Cr 4.1% | ₹607 Cr 12.2% | ₹541 Cr 15.4% | ₹469 Cr 1.3% | ₹475 Cr 0.8% | ₹479 Cr 9.4% | ₹438 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹213 Cr 11.5% | ₹191 Cr 13.7% | ₹168 Cr 30.2% | ₹129 Cr 14.2% | ₹113 Cr 1.7% | ₹115 Cr 31.5% | ₹168 Cr 68.0% | ₹100 Cr 6.5% | ₹107 Cr 18.9% | ₹90 Cr |
| Investing CF | ₹-23 Cr 56.6% | ₹-53 Cr 41.8% | ₹-91 Cr 133.3% | ₹-39 Cr 62.5% | ₹-24 Cr 51.0% | ₹-49 Cr 5000.0% | ₹1 Cr 108.3% | ₹-12 Cr 72.1% | ₹-43 Cr 2.4% | ₹-42 Cr |
| Financing CF | ₹-170 Cr 30.8% | ₹-130 Cr 52.9% | ₹-85 Cr 1.2% | ₹-86 Cr 3.4% | ₹-89 Cr 43.5% | ₹-62 Cr 62.4% | ₹-165 Cr 75.5% | ₹-94 Cr 46.9% | ₹-64 Cr 30.6% | ₹-49 Cr |
| Net Cash Flow | ₹21 Cr 162.5% | ₹8 Cr 200.0% | ₹-8 Cr 300.0% | ₹4 Cr | ₹0 Cr 100.0% | ₹4 Cr 0.0% | ₹4 Cr 180.0% | ₹-5 Cr | ₹0 Cr | ₹0 Cr |
| Free Cash Flow | ₹198 Cr 35.6% | ₹146 Cr 36.4% | ₹107 Cr 21.6% | ₹88 Cr 11.1% | ₹99 Cr 6.5% | ₹93 Cr 41.1% | ₹158 Cr 159.0% | ₹61 Cr 3.2% | ₹63 Cr 18.9% | ₹53 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 33d 15.4% | 39d 39.3% | 28d 52.5% | 59d 1.7% | 58d 75.8% | 33d 135.7% | 14d 27.3% | 11d 10.0% | 10d 25.0% | 8d |
| Inventory Days | 81d 9.0% | 89d 14.4% | 104d 67.7% | 62d 17.0% | 53d 1.9% | 52d 18.8% | 64d 6.7% | 60d 9.1% | 66d 1.5% | 65d |
| Days Payable | 109d 25.3% | 146d 65.9% | 88d 63.0% | 54d 50.0% | 36d 35.7% | 56d 17.6% | 68d 172.0% | 25d 0.0% | 25d 316.7% | 6d |
| Cash Conv. Cycle | 4d 122.2% | -18d 140.9% | 44d 34.3% | 67d 10.7% | 75d 158.6% | 29d 190.0% | 10d 78.3% | 46d 8.0% | 50d 25.4% | 67d |
| Working Capital Days | 19d 46.2% | 13d 85.7% | 7d 77.4% | 31d 24.4% | 41d 115.8% | 19d 337.5% | -8d 128.6% | 28d 180.0% | 10d 47.4% | 19d |
| ROCE | 35.0% 40.0% | 25.0% 38.9% | 18.0% 5.9% | 17.0% 59.5% | 42.0% 16.7% | 36.0% 2.9% | 35.0% 16.7% | 30.0% 9.1% | 33.0% 17.9% | 28.0% |
Source: Screener.in · Lower days = better efficiency