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NSE: THYROCARE · Pharma & Health

Thyrocare Technologies Ltd.

581.45 3.92%
Open
605.20
High
605.20
Low
577.75
Prev close
605.20
Volume
3,96,389

Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →

What Thyrocare Technologies does

Pan-India diagnostic testing company focused on high-volume, low-cost preventive and wellness biochemistry testing, operating a hub-and-spoke model with a central processing laboratory in Navi Mumbai and regional labs. Known for its Aarogyam wellness test panels; also operates nuclear imaging (PET-CT) through its NHL subsidiary. Majority-owned by API Holdings (PharmEasy) after the 2021 acquisition from founder A. Velumani; revenue is driven by B2B franchise/aggregator volumes and wellness packages.

One of India's largest diagnostic chains by test volumes, with a distinctly B2B- and wellness-weighted model versus pathology peers.

Listing and classification

NSE symbol
THYROCARE
ISIN
INE594H01019
Sector
Pharma & Health
Sub-sector
Healthcare Services
Market-cap tier
Micro Cap
Market-cap rank
#2224

Thyrocare Technologies Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →

Financial ratios, as filed

Consolidated annual figures taken from Thyrocare Technologies Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).

Per-share figures are not restated. Shares outstanding changed from 5.30 crore to 15.92 crore in FY26, consistent with a bonus issue or stock split. Each year's EPS and book value below are as that year was filed, on that year's share count — so the per-share line falls across FY26 even where profit did not. Compare the absolute figures (EBITDA, free cash flow, total debt) and the margins across that boundary, not the per-share ones.

Thyrocare Technologies Ltd. — key consolidated ratios by financial year
MetricFY26FY25FY24
EPS (basic, ₹)10.2717.1313.42
Book value / share (₹)36.82103.2499.65
Return on equity27.8%16.7%13.4%
Return on capital employed31.9%23.7%16.3%
Operating margin24.5%19.7%15.8%
Net margin19.6%13.2%12.2%
EBITDA₹262 Cr₹190 Cr₹137 Cr
Free cash flow₹192 Cr₹146 Cr₹106 Cr
Total debt₹0 Cr₹0 Cr₹22 Cr
Debt to equity0.000.000.04
Interest coverage72.744.321.5
Current ratio3.392.773.08
Shares outstanding15,91,70,0005,29,90,0005,29,50,000

Open the full income statement, balance sheet and cash flow for THYROCARE

Shareholding pattern

As disclosed for the quarter ended 30 Jun 2026.

Promoter & group
60.92%
FII / FPI
5.44%
DII
20.92%
Public
39.08%

Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →

Peers in Healthcare Services

Companies Alphave classifies in the same sub-sector, closest by market capitalisation.

What this page will not tell you

Whether to buy it
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A forecast of next quarter
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Intraday precision
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