1. Thyrocare Technologies
stock logo

100% Buy

Thyrocare Technologies Share Price

THYROCARE

₹1,015.90+₹5.70 (0.56%) TodayLast updated on 06 Dec, 2024 | 15:40 IST

Thyrocare Technologies Share Price Chart

Please wait...
  • About Thyrocare Technologies
  • Fundamentals
  • Events
  • More
  • News

About Thyrocare Technologies

Thyrocare Technologies Financials

arrow
Market cap
Market Cap Switch₹5,381 Crs
Open
₹1,019.10
Close
₹1,010.20
Circuit range
₹1,219.05 - ₹812.75
Day range
₹1,001.90 - ₹1,027.75
Year range
₹554.10 - ₹1,050.15
Volume
31,790
Avg. traded
₹1,015.95
Revenue (12m)
₹623 Crs
Thyrocare Technologies

Thyrocare Technologies Limited is one of the largest diagnostic and preventive care laboratories chain operators in India. Its diagnostic chain conducts a range of medical tests.

The company started its operations with just Thyroid testing but later diversified into the healthcare segment. Currently, it offers over 720 diagnostic tests. Thyrocare serves some of the leading hospitals and laboratories across India.

The company was incorporated in 2000 and began commercial operations under the brand 'Thyrocare' in 2001. It also received ISO 9001 certification. In 2005, the firm received NABL accreditation.

In 2011, Thyrocare moved to Siemens' total laboratory automation system to handle the increased volumes of samples efficiently. It installed a new automation system at its main facility in Navi Mumbai for seamless sample movements. The next year, Thyrocare launched RPLs in Delhi, Kolkata, Coimbatore and Hyderabad to broaden its coverage and volume of tests. The same year, the company acquired the equipment for testing water samples and began its operation under the brand name WHATERS. These tests included physical and chemical testing, element testing, microbiology testing, volatile organic testing and compound testing.

Thyrocare Technologies launched its initial public offering (IPO) in 2016.

Thyrocare Technologies Ltd market capitalisation stood at over ₹ 3,200 crore as of February 8, 2024. Thyrocare Technologies share price has dropped 35% in the last three years.

Thyrocare business operations

Thyrocare's headquarters, also known as central processing laboratory (CPL), is located in Navi Mumbai. The company’s regional processing laboratories (RPLs) are situated in major cities across India. The company also provides diagnostic and healthcare services in a few countries in Asia. It has an extensive pan-India presence with over 7400 centres serving 570 districts nationwide.

Thyrocare also claims to be India's first IT-enabled, 24x7, fully automated diagnostic laboratory, processing over 60,000 specimens and over 3,00,000 diagnostic and screening investigations each night.

In FY 2023, the company processed over 22.56 million samples serving over 1.5 crore patients.

Adopting new technologies to enhance its report quality and turnaround time, the company replaced 30% of its immunoassay equipment with advanced high-throughput machines.

Thyrocare added 50% more instrument capacity to its TB lab to manage the workload efficiently. It added the latest instrument in electrophoresis technology and additional equipment in the Delhi zonal lab.

In FY 2023, the company also added an automated sample sorting system to its high-workload labs in Delhi, Bengaluru, Hyderabad, Lucknow, Kolkata and Patna.

Financial highlights

⦁ The company's consolidated total income in FY23 stood at ₹535.09 crore, recording a 13.4% year-on-year fall compared to ₹ 618.11 crore in FY22. ⦁ Its profit after tax (PAT) ₹ 64.36 crore in FY23 as against ₹ 176.14 crore in FY22, registering a 63% year-on year.

⦁ The EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at ₹120 crore in FY23 compared to ₹234.89 crore in FY22. ⦁ Its EBITDA margin stood at 22.8% in FY23 as against 39.9% in FY22.

⦁ The company’s earnings per share (EPS) decreased to ₹12.16 in FY23 from ₹33.3 in FY22.

Thyrocare Technologies Key indicators

arrow
52 week high
₹1,050.15
52 week low
₹554.10
P/E ratio
64.56
P/B ratio
11.05
ROE
13.87%
ROCE
19.55%
Dividend yield
1.77%
Debt/Equity ratio
0.04
EPS
13.44

Learn more

Investment checklist: (3/6)
arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Thyrocare Technologies Fundamentals

Thyrocare Technologies Financial Ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

27.14%

Net profit margin

13.58%

ROE

13.87%

ROA

10.16%

ROCE

19.55%

Learn more

Thyrocare Technologies Shareholder returns

arrow
1 day
+0.56%
1 week
+1.55%
1 month
+4.99%
3 months
+18.45%
1 year
+64.44%
3 years
-7.99%
5 years
+77.71%

Revenue statement

All values are in ₹ Crores (Cr)
arrow
  • Revenue

  • Operating profit

  • Net profit

Learn more

Cash flow

All values are in ₹ Crores (Cr)
arrow
  • Operating

  • Investing

  • Financing

Learn more

Balance sheet

All values are in ₹ Crores (Cr)
arrow

Total assets

Total liabilities

Learn more

Thyrocare Technologies Share Price history

arrow
DayOpenCloseChange %
Fri, Dec 6 2024
₹1,019.10
₹1,015.90
+0.56%
Thu, Dec 5 2024
₹1,035.00
₹1,010.20
-1.03%
Wed, Dec 4 2024
₹1,024.70
₹1,020.75
+0.73%
Tue, Dec 3 2024
₹1,044.00
₹1,013.40
-2.33%
Mon, Dec 2 2024
₹983.00
₹1,037.60
+3.72%
Fri, Nov 29 2024
₹995.65
₹1,000.35
+2.34%
Thu, Nov 28 2024
₹1,002.70
₹977.50
-2.23%
Wed, Nov 27 2024
₹1,020.95
₹999.75
-1.99%

Thyrocare Technologies Shareholding Pattern

arrow

Promoters (71.11%)

Mutual Funds (12.84%)

Retail and other (11.49%)

Foreign institutions-FII (2.49%)

Other domestic institutions (2.06%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹18/share

    Ex date 20 Apr 2023

    expand tab
  • Dividend • ₹15/share

    Ex date 11 May 2022

    expand tab
  • Dividend • ₹18/share

    Ex date

    expand tab

Learn more

FAQs on Thyrocare Technologies

What is the Thyrocare Technologies share price today?

chevron-up
Thyrocare Technologies share price is ₹ 1,015.90 today.

What is today’s high & low share price of Thyrocare Technologies?

chevron-up
Thyrocare Technologies share price high: ₹ 1,027.75 and low: ₹ 1,001.90

What is the Thyrocare Technologies share price high and low in the last 52 weeks on the NSE?

chevron-up
52 Week share High Price is ₹ 1,050.15 and Low Price is ₹ 554.10

What is the Thyrocare Technologies Stock Symbol?

chevron-up
The Thyrocare Technologies Stock symbol is THYROCARE.

Can I buy Thyrocare Technologies shares on Holidays?

chevron-up
No, shares of Thyrocare Technologies or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Thyrocare Technologies shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.