Thyrocare Technologies Limited

Healthcare · Healthcare Services

NSE: THYROCARE BSE: 539871

₹534.15

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Healthcare Services

The largest companies in the same industry by market cap. This company ranks #18 of 62. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Apollo Hospitals Enterprise Limited	117,407	74.7	20.1%	9.7%	—	73	0	27
Max Healthcare Institute Limited	90,492	126.0	13.4%	-16.5%	0.22%	77	0	26
Fortis Healthcare Limited	58,132	257.5	10.5%	-22.2%	0.13%	49	26	6
Global Health Limited	36,701	76.2	13.9%	4.6%	0.04%	74	0	30
Narayana Hrudayalaya Ltd.	36,609	64.4	17.8%	3.5%	0.25%	66	0	29
Aster DM Quality Care Limited	36,121	207.5	8.8%	10.5%	0.43%	53	0	26
Dr. Lal Path Labs Ltd.	33,310	38.7	20.1%	-37.3%	0.98%	82	0	88
Krishna Institute of Medical Sciences Limited	31,349	111.2	9.5%	8.5%	—	47	0	29
Thyrocare Technologies Limited (this stock)	8,502	34.1	27.8%	-53.5%	2.62%	87	2	29

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹8,469 Cr

EV / EBITDA

29.9x

EV / Sales

10.31x

Market cap / Sales

10.35x

Earnings yield

2.93%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 229 Cr, up 25.3% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 50 Cr, up 39.2% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	226	67	50	₹3.1500
March 31, 2026	211	62	44	₹2.7500
Dec. 31, 2025	182	37	26	₹1.6400
Sept. 30, 2025	202	61	43	₹8.1200
June 30, 2025	179	51	36	₹6.8000
March 31, 2025	174	48	22	₹4.0800
Dec. 31, 2024	153	28	19	₹3.5300
Sept. 30, 2024	163	40	30	₹5.5860
June 30, 2024	144	35	25	₹4.7500
March 31, 2024	141	25	19	₹3.6300
Dec. 31, 2023	123	21	15	₹2.8100
Sept. 30, 2023	136	28	20	₹3.8300
June 30, 2023	124	24	17	₹3.1600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	229	214	186	205	183	178	156	165	147	144	125	138	124
Operating revenue	226	211	182	202	179	174	153	163	144	141	123	136	124
Other income	4	4	3	2	4	5	4	2	3	3	2	2	0
Operating expenses	150	138	123	133	122	118	112	114	101	108	92	100	90
Operating profit	76	73	59	69	57	56	40	49	42	34	31	37	33
Operating profit margin	33.5%	34.5%	32.4%	34.1%	31.6%	32.0%	26.4%	29.9%	29.5%	23.8%	24.8%	26.9%	26.8%
Depreciation	11	13	20	10	9	12	15	10	9	10	11	9	9
Interest	1	1	0	1	1	1	0	1	1	1	1	1	1
Exceptional items, gain / (loss)	—	—	-6	—	—	—	—	—	—	—	—	—	—
Profit before tax	67	62	37	61	51	48	28	40	35	25	21	28	24
Tax	16	18	10	18	15	26	9	11	10	6	6	8	8
Net profit	50	44	26	43	36	22	19	30	25	19	15	20	17
EPS	3.15	2.75	1.64	8.12	6.80	4.08	3.53	5.59	4.75	3.63	2.81	3.83	3.16
Net profit (TTM)	163	149	127	120	107	96	93	89	80	71	62	60	54
EPS (TTM)	15.66	19.31	20.64	22.53	20.00	17.95	17.50	16.78	15.02	13.43	11.68	11.25	10.12

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	774	210	149
March 31, 2025	633	151	96
March 31, 2024	524	98	71
March 31, 2023	486	81	57

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	17.0%	—	788^†	646^†	531^†	492^†	569^†	410^†	384^†	355^†	309^†
Operating revenue	16.8%	—	774	633	524	486	562^†	400^†	370^†	332^†	300^†
Other income	—	—	13^†	13^†	7^†	5^†	7^†	10^†	14^†	24^†	9^†
Operating expenses	—	—	517^†	446^†	390^†	374^†	331^†	233^†	222^†	193^†	—
Operating profit	31.9%	—	257^†	187^†	134^†	112^†	231^†	167^†	148^†	139^†	—
Operating profit margin	—	—	33.2%^†	29.5%^†	25.5%^†	23.0%^†	41.1%^†	41.7%^†	40.0%^†	41.9%^†	—
Depreciation	—	—	51^†	47^†	39^†	34^†	28^†	20^†	14^†	12^†	12^†
Interest	—	—	3^†	3^†	4^†	2^†	2^†	1^†	0^†	0^†	—
Exceptional items, gain / (loss)	—	—	-6^†	0^†	0^†	0^†	0^†	-44^†	0^†	-2^†	0^†
Profit before tax	37.4%	—	210	151	98	81	207^†	112^†	147^†	148^†	113^†
Tax	—	—	62^†	55^†	27^†	24^†	55^†	33^†	52^†	52^†	38^†
Net profit	37.7%	—	149	96	71	57	152^†	79^†	95^†	96^†	75^†
EPS	21.5%	—	19.31^†	17.95^†	13.43^†	10.77^†	28.74^†	15.15^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	33.2%^†	29.5%^†	25.5%^†	23.0%^†	41.1%^†	41.7%^†	40.0%^†	41.9%^†	—
EBIT margin	27.6%^†	24.3%^†	19.5%^†	17.1%^†	37.3%^†	28.3%^†	39.8%^†	44.7%^†	—
PBT margin	27.2%	23.9%	18.7%	16.7%	36.9%^†	28.0%^†	39.7%^†	44.6%^†	37.8%^†
Net margin	19.2%	15.1%	13.6%	11.7%	27.0%^†	19.8%^†	25.7%^†	28.9%^†	24.9%^†
Interest coverage	68.44x^†	58.19x^†	27.40x^†	37.03x^†	86.65x^†	85.86x^†	313.47x^†	369.07x^†	—
Dividend payout	145.0%^†	100.3%^†	134.0%^†	139.3%^†	52.2%^†	165.0%^†	—	—	—
Earnings retention	-45.0%^†	-0.3%^†	-34.0%^†	-39.3%^†	47.8%^†	-65.0%^†	—	—	—
Current ratio	3.31x	2.69x	—	—	—	—	—	—	—
Quick ratio	2.82x	2.28x	—	—	—	—	—	—	—
Debt to equity	0.00x	0.00x	—	—	—	—	—	—	—
Return on equity	26.5%	17.8%	—	—	—	—	—	—	—
Return on assets	20.9%	14.2%	—	—	—	—	—	—	—
Return on capital employed	34.7%^†	27.2%^†	—	—	—	—	—	—	—
Asset turnover	1.09x	0.94x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	206	-21	-167	19	187
March 31, 2025	191	-55	-124	47	144
March 31, 2024	155	-80	-84	43	112
March 31, 2023	120	-31	-88	21	99
March 31, 2022	106	-12	-87	40	65

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	711	561	402	0	0	316	95	33	172	47
March 31, 2025	676	537	484	0	0	299	111	15	114	46
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.