THYROCARE · Thyrocare Technologies Ltd · Healthcare Facilities
THYROCARE · Thyrocare Technologies Ltd · Healthcare Facilities
As of 06 Nov close
52-week range
25.4% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹240 Cr
Revenue YoY
PAT YoY
+34.1%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
18.2
P/S (TTM)
10
Sector P/E
29.7
Dividend yield
+1.7%
No peer comparison data on file for THYROCARE.
Promoter
stable
FII
rising 2q
MF
19.86% (+0.41pp)
rising 3q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 02 Nov 2026 | Priyanka Jagnani Jain | BUY | 2,006 | ₹9.01 lakh |
| 02 Nov 2026 | Brijesh Kumar | BUY | 330 | ₹1.49 lakh |
| 17 Aug 2026 | Docon Technologies Private Limited | SELL | 7,94,69,696 | ₹4,916 Cr |
| 03 Aug 2026 | Mohammad Shadab Alam | SELL | 100 | ₹59,850 |
| 29 Jun 2026 | Piyush Singh | BUY | 250 | ₹1.31 lakh |
| 15 Jun 2026 | AADITYA BHANDARI | SELL | 1,000 | ₹5.5 lakh |
| 10 Jun 2026 | Nikhil Bodhankar | SELL | 90 | ₹49,680 |
| 10 Jun 2026 | Nikhil Bodhankar | SELL | 90 | ₹49,680 |
| 10 Jun 2026 | Sarovar Chandra | BUY | 450 | ₹2.46 lakh |
| 09 Jun 2026 | Nikhil Bodhankar | SELL | 200 | ₹1.1 lakh |
| 09 Jun 2026 | Nikhil Bodhankar | SELL | 200 | ₹1.1 lakh |
| 14 May 2026 | SANDEEP PANDURANG JADHAV | SELL | 66 | ₹31,027 |
| 14 May 2026 | Vikram Bahadur Rajwar | SELL | 200 | ₹94,324 |
| 19 Mar 2026 | Rahul Guha | BUY | 10,000 | ₹36.59 lakh |
Bulk/block deals
| date | canonicalSymbol | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| 2026-08-13 | THYROCARE | 7522094 | 4 | STRONG | BULK |
News timeline
- mediumcorporate actionthehindubusinessline.com· 14 Aug 2026, 03:16 pmThyrocare promoter Docon offloads 9.9% stake for ₹986 crore
- mediumpromoter legalbusiness-standard.com· 13 Aug 2026, 10:08 pmPromoters pare stakes in UltraTech, Thyrocare through block deals
- highpromoter legaleconomictimes.indiatimes.com· 13 Aug 2026, 01:33 pmThyrocare shares crack 8% as promoter Docon Technologies sells 10% stake
Concalls & investor presentations
AI-generatedKey takeaway: Thyrocare Technologies Limited reported strong financial performance in Q2 FY27, with consolidated revenue growing 25% year-on-year to INR271 crores. The franchisee business grew 27%, adding 1,180 new franchises, the highest in three years, bringing the active base to 12,911. The company expanded its lab network to 48 labs in India and one in Tanzania, with 5 new labs added in the quarter. The test menu expanded to over 1,420 tests, and the company emphasized its NABL accreditation and quality standards. Specialty diagnostics, including allergy and genomics, were launched, contributing around 4% of pathology revenue. The company initiated the disinvestment of Nueclear Healthcare Limited (NHL) for INR141 crores, citing lower profitability and strategic focus on pathology. The pregnancy test kit was launched, with a coupon for a discounted lab test included. The company highlighted operational improvements, including faster turnaround times and reduced complaints. Vikram Gupta noted a 33% EBITDA margin and 26% growth in profit after tax. The company also discussed future plans, including expanding franchisee additions and exploring strategic acquisitions in genomics and other specialties. Management emphasized maintaining a 31.5% to 32% EBITDA margin while investing in growth initiatives.
The document highlights strong revenue growth, operational improvements, and strategic expansions, indicating a positive outlook.
Sourced from an exchange-filed transcript, dated 02 Nov 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Thyrocare Technologies Limited held its Q1 FY27 earnings conference call on July 23, 2026, where management discussed the company's growth and strategic initiatives. CEO Rahul Guha highlighted the significant expansion of the pathology business, which grew by 26% in Q1 FY27, and noted the increase in the active franchise network to over 11,700. The company received several awards for its diagnostic services, reflecting its commitment to quality and customer trust. Management reported a consolidated revenue growth of 24.3% year-on-year, driven by strong performance in both the franchisee and partnership segments. The introduction of specialty diagnostics was emphasized as a key growth area, with plans to enhance accessibility and affordability. CFO Vikram Gupta shared financial highlights, including a 34% increase in EBITDA and a profit after tax of INR 51.3 crores. The call concluded with management reiterating its focus on maintaining quality and expanding its market presence.
Management emphasized strong growth and strategic advancements in the business.
Sourced from an exchange-filed transcript, dated 27 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Thyrocare Technologies Limited's investor presentation detailed its unaudited financial results for the quarter ended June 30, 2026. The company reported a consolidated revenue growth of 24% year-over-year (YoY) to INR 240.02 crore, with a 34% increase in profit after tax (PAT) to INR 51.33 crore. The EBITDA margin improved to 32.2%, reflecting a 33.8% YoY growth in EBITDA. The presentation highlighted the expansion of its lab network to 44 labs, including one international lab in Tanzania, and a significant increase in active franchisees to 11,730, marking the highest quarterly addition in three years. Thyrocare also received multiple awards for its diagnostic services, emphasizing its commitment to quality and affordability in diagnostics. The company outlined its growth strategy focusing on franchise network strengthening, expanding specialty offerings, and enhancing institutional partnerships.
The presentation highlighted strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 23 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Thyrocare Technologies Limited held its Q4 FY '26 earnings conference call on May 12, 2026, where management discussed the company's performance and strategic initiatives. Management reported a 21% year-on-year growth in consolidated revenue for FY '26, driven by the core pathology business. Key highlights included the onboarding of Madhuri Dixit as a brand ambassador, the introduction of allergy testing, and the launch of genomic testing. The company processed 210 million tests in FY '26, serving 19.2 million patients. Management emphasized the importance of quality, with 97% of samples processed in NABL-accredited labs and a Six Sigma level of performance in complaint management. The franchisee network grew to 10,800, and the partnership business saw a 32% year-on-year growth. Financially, the company reported a profit after tax of INR 163 crores for FY '26, reflecting an 81% year-on-year increase. The management expressed confidence in maintaining growth and expanding into specialty testing.
Management highlighted strong growth and strategic advancements in the business.
Sourced from an exchange-filed transcript, dated 14 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Thyrocare Technologies Limited reported its audited financial results for the quarter and financial year ended March 31, 2026, highlighting a consolidated revenue growth of 20% year-over-year (YoY) for Q4FY26 and 21% YoY for FY26. The presentation noted a significant increase in profit after tax (PAT), which rose by 128% YoY in Q4FY26 and 81% YoY for the full year. Management reported a 31% YoY growth in EBITDA for Q4FY26, with a reported EBITDA margin of 34%. The company emphasized its expansion efforts, including the onboarding of a brand ambassador and the opening of new labs, contributing to a record high of approximately 10,800 active franchisees. Thyrocare's strategy focuses on enhancing its franchise network and expanding partnerships, particularly in insurance and home diagnostics. The document also mentioned the consolidation of operations in Tanzania as a subsidiary.
Management highlighted strong financial performance and strategic growth initiatives.
Sourced from an exchange-filed presentation, dated 07 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThyrocare Technologies Limited (FY2025-26) reported robust operational growth, expanding from high-volume, low-complexity diagnostics to offering advanced services like cancer diagnostics and PET-CT imaging. The company maintained strong financial controls, with unmodified audit opinions on standalone and consolidated financial statements. No significant regulatory penalties or defaults were noted, and the Board confirmed no director disqualifications. Key risks include contingent liabilities from pending GST and income tax disputes, though no material adverse impact is expected.
- Expanded diagnostic capabilities to include cancer testing and PET-CT imaging while maintaining cost efficiency.
- Unmodified audit opinions on standalone and consolidated financial statements with no qualifications or reservations.
- No material regulatory penalties, defaults, or going-concern issues reported.
- Contingent liabilities from pending GST and income tax disputes, though not expected to cause material adverse effects.
Key takeaway: Thyrocare demonstrates strong operational and financial performance with no major red flags, though pending tax disputes remain contingent risks.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item); Promoter Share Pledge (62.13% of promoter holding pledged)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceOlder (3+ years ago)
The company has not deposited provident fund dues for the period 2015-16, which are pending before the Regional Provident Fund Commissioner-II.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
62.13% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities from pending litigations and proceedings, with uncertain cash outflows, but has made provisions and does not expect a materially adverse effect.
Older (3+ years ago)
The Company has contingent liabilities related to claims not acknowledged as debts, including other income tax assessments and employees provident fund matters, pending resolution by forums or authorities.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has entered into arrangements with Docon for medical/pathological diagnostic testing services, sale/purchase of consumables, and shared services, which are likely to exceed the materiality threshold of ₹82.90 crores and require shareholder approval as a material related party transaction.
Older (3+ years ago)
The company seeks approval for a material related party transaction with Docon Technologies Private Limited.