About Thyrocare Technologies Limited
Data last updated: 25 September 2026
Thyrocare Technologies Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Docon Technologies Private Limited. It specialises in diagnostic centers and pathology labs, a part of the broader healthcare sector. Incorporated on 28 January 2000, the company has been in operation for over 26 years.
Registered with ROC Mumbai under CIN L85110MH2000PLC123882. Listed on BSE: 539871 and NSE: THYROCARE.
Capital: an authorised share capital of ₹300 Cr and a paid-up capital of ₹159.17 Cr. It is led by directors including Rahul Franklin Guha and Indumati Gopinathan.
Last AGM: 31 July 2025. Financial statements filed for year ended 31 March 2025. Office: D37/1 Ttc Industrial Area Midc Turbhe, Navi Mumbai, Maharashtra, India – 400703.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹829.04 Cr, a growth of 20.61% compared to the previous year. The net worth stands at ₹585.5 Cr (up 7.09% YoY). Total assets are valued at ₹648.82 Cr (up 12.12% YoY).
The company has a workforce of approximately 1,758 employees as per the latest available data. It operates as a subsidiary of Docon Technologies Private Limited. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Healthcareontime, Thyrocare. As per MCA filings, the company has satisfied charges of ₹45.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thyrocare.com.
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EmailLocked
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Registered AddressD37/1 Ttc Industrial Area Midc Turbhe, Navi Mumbai, Maharashtra, India – 400703
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IndustryHealthcare, Diagnostic Centers & Pathology Labs
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Thyrocare Technologies Limited
Thyrocare Technologies Limited has one previous CIN (Corporate Identification Number): U85110MH2000PLC123882. The current CIN is L85110MH2000PLC123882, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L85110MH2000PLC123882 | Current |
| U85110MH2000PLC123882 | Previous |
Associated Brands with Thyrocare Technologies Limited
Thyrocare Technologies Limited operates two associated brands: HealthcareOnTime and Thyrocare. These brands represent Thyrocare Technologies Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Diagnostic testing centers for pathology and health screenings are operated. | thyrocare.com | |
| HealthcareOnTime provides online diagnostic and at-home health testing services in India. | healthcareontime.com |
Competitors & Alternatives of Thyrocare Technologies Limited
Brands and companies operating in the same space as Thyrocare Technologies Limited include Krsnaa Diagnostics, Suraksha Diagnostics, Vijaya Diagnostic Centre and 6 more.
| Competitor | Description | Location | Founded |
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Chain of radiology & pathology laboratory centers | Pune, India, India | 2011 |
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Pathology, molecular diagnostics, and imaging services are provided. | Kolkata, India, India | 2005 |
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Diagnostic services are offered via a chain of centers. | Hyderabad, India, India | 1981 |
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Provider molecular diagnostic solutions and services | Mumbai, India, India | 2013 |
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Provider of medical diagnostic services including blood tests, urine tests, and specialized health check-ups | Pune, India, India | 2001 |
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A chain of clinical laboratories is operated for diagnostic services. | Mumbai, India, India | 2007 |
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Chain of diagnostic centers | Chennai, India, India | 2000 |
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A chain of pathology and imaging labs is operated. | Chennai, India, India | 2010 |
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Medical diagnostic services are provided through a chain of centres. | Chennai, India, India | 2008 |
Business Activity of Thyrocare Technologies Limited
Thyrocare Technologies Limited is engaged in the principal business activity of hospital and medical care, with detailed activities including medical and dental practice, nursing, pathology, blood bank services, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. | Locked |
Business activity turnover details for Thyrocare Technologies Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Thyrocare Technologies Limited
Thyrocare Technologies Limited is audited by MSKA & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| MSKA & Associates | Locked | Locked | Locked |
Complete auditor history for Thyrocare Technologies Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Thyrocare Technologies Limited
Thyrocare Technologies Limited is currently managed by 9 directors, with 25 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Franklin Guha | Managing Director | 03 Aug 2022 | 4 Years 1 Months | Current |
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Indumati Gopinathan
Also directs:
Thyrocare Technologies Limited, Rashi Peripherals Limited
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Director | 12 Aug 2017 | 9 Years 1 Months | Current |
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Nishant Amilal Shah
Also directs:
Thyrocare Technologies Limited, Nueclear Healthcare Limited, Jackstien International Llp and 2 more
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Director | 15 Jun 2024 | 2 Years 3 Months | Current |
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Anandh Sundar
Also directs:
Thyrocare Technologies Limited, Nueclear Healthcare Limited, Cera Sanitaryware Limited and 3 more
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Director | 15 Jun 2024 | 2 Years 3 Months | Current |
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Alok Kumar Jagnani
Also directs:
Pulse Hitech Health Services (Ghatkopar) Llp, Thyrocare Technologies Limited, Venkatesh Medico Private Limited and 4 more
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Director | 24 Jul 2025 | 1 Years 2 Months | Current |
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Harshil Jiten Vora
Also directs:
Thyrocare Technologies Limited
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Director | 14 Jul 2023 | 3 Years 2 Months | Current |
Financials of Thyrocare Technologies Limited FY 2025-26 filings available
Thyrocare Technologies Limited reported revenue of ₹829.04 Cr (up 20.61% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 829 | 687 | 572 | 527 | 589 | 495 | 434 |
| Revenue growth | +14.9% | +14.9% | +7.2% | +14.4% | +9.2% | +21.0% | +7.5% |
| EBITDA | 257 | 190 | 139 | 123 | 236 | 171 | 167 |
| EBITDA margin | +31.0% | +27.6% | +24.3% | +23.3% | +40.0% | +34.6% | +38.5% |
| Profit before tax | 213 | 145 | 95.98 | 88.59 | 228 | 152 | 140 |
| Net profit | 161 | 86.69 | 71.39 | 64.21 | 158 | 108 | 89.53 |
| Net profit margin | +19.4% | +12.6% | +12.5% | +12.2% | +26.8% | +21.8% | +20.6% |
| EPS (₹) | 10.24 | 17.27 | 13.36 | 12.18 | 33.30 | 21.40 | 16.73 |
| Balance sheet | |||||||
| Total assets | 649 | 579 | 573 | 562 | 548 | 449 | 387 |
| Net worth | 586 | 547 | 527 | 534 | 527 | 427 | 367 |
| Total debt | 50.69 | 24.68 | 42.34 | 23.31 | 20.70 | 8.49 | 12.44 |
| Cash & bank | 68.16 | 54.48 | 39.89 | 28.47 | 13.91 | 15.73 | 11.07 |
| Net working capital | 122 | 86.28 | 70.91 | 80.73 | 85.29 | 43.89 | 5.52 |
| Cash flow | |||||||
| Cash from operations | 213 | 191 | 168 | 129 | 113 | 115 | 168 |
| Cash from investing | (23.00) | (52.52) | (91.29) | (38.99) | (23.57) | (48.66) | 0.95 |
| Cash from financing | (170) | (130) | (84.81) | (86.18) | (89.41) | (61.58) | (165) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 240 | 224 | 196 | 217 | 193 | 187 | 166 | 177 |
| Revenue growth (YoY) | +24.3% | +19.7% | +17.9% | +22.1% | +23.0% | +21.3% | +23.1% | +19.8% |
| Other income | 4.86 | 4.89 | 5.26 | 3.33 | 4.90 | 4.59 | 4.01 | 2.61 |
| EBITDA | 77.27 | 75.09 | 51.67 | 71.35 | 57.77 | 57.07 | 41.57 | 48.00 |
| EBITDA margin | +32.2% | +33.5% | +26.4% | +33.0% | +29.9% | +30.5% | +25.1% | +27.1% |
| Depreciation | 12.49 | 14.03 | 21.63 | 11.51 | 11.41 | 13.77 | 17.06 | 13.07 |
| Interest | 1.35 | 1.52 | (0.09) | 0.59 | 0.78 | 0.70 | 0.60 | 0.76 |
| Profit before tax | 68.29 | 64.43 | 35.39 | 62.58 | 50.48 | 47.19 | 27.92 | 36.78 |
| Tax | 16.96 | 15.73 | 7.34 | 14.77 | 12.19 | 25.62 | 8.97 | 10.36 |
| Net profit | 51.33 | 48.70 | 28.05 | 47.81 | 38.29 | 21.57 | 18.95 | 26.42 |
| EPS (₹) | 3.22 | 2.98 | 1.81 | 9.03 | 7.33 | 4.17 | 3.56 | 4.99 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 774 | 633 | 524 | 486 | 562 | 474 | 401 |
| Revenue growth | +17.4% | +14.6% | +4.5% | +12.8% | +8.7% | +9.3% | +25.0% |
| EBITDA | 251 | 188 | 135 | 114 | 232 | 171 | 123 |
| EBITDA margin | +32.5% | +29.6% | +25.8% | +23.5% | +41.2% | +36.0% | +30.8% |
| Profit before tax | 210 | 151 | 98.22 | 81.07 | 207 | 161 | 112 |
| Net profit | 147 | 91.42 | 68.84 | 55.24 | 149 | 114 | 104 |
| Net profit margin | +19.0% | +14.4% | +13.1% | +11.4% | +26.5% | +24.1% | +25.9% |
| EPS (₹) | 9.35 | 18.08 | 13.44 | 10.76 | 28.74 | 22.65 | 15.01 |
| Balance sheet | |||||||
| Total assets | 626 | 572 | 560 | 547 | 542 | 469 | 395 |
| Net worth | 561 | 537 | 514 | 521 | 521 | 445 | 378 |
| Total debt | 48.18 | 23.21 | 38.82 | 21.17 | 21.43 | 9.63 | 9.20 |
| Cash & bank | 62.63 | 51.98 | 34.10 | 16.39 | 12.00 | 7.67 | 7.30 |
| Net working capital | 123 | 90.14 | 70.62 | 68.84 | 87.10 | 19.77 | (2.46) |
| Cash flow | |||||||
| Cash from operations | 206 | 179 | 155 | 120 | 106 | 111 | 136 |
| Cash from investing | (20.92) | (42.58) | (80.29) | (31.65) | (12.32) | (53.09) | 26.84 |
| Cash from financing | (167) | (124) | (83.71) | (87.50) | (86.91) | (57.81) | (163) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 226 | 211 | 182 | 202 | 179 | 174 | 153 | 163 |
| Revenue growth (YoY) | +26.1% | +21.2% | +19.6% | +24.0% | +24.6% | +23.1% | +24.1% | +19.6% |
| Other income | 3.51 | 3.72 | 3.43 | 2.28 | 3.96 | 4.54 | 3.51 | 2.12 |
| Total expenses | 150 | 138 | 130 | 133 | 122 | 118 | 112 | 114 |
| EBITDA | 75.61 | 72.63 | 52.30 | 68.91 | 56.52 | 55.64 | 40.25 | 48.79 |
| EBITDA margin | +33.5% | +34.5% | +28.7% | +34.1% | +31.6% | +32.0% | +26.4% | +29.9% |
| Depreciation | 11.23 | 12.94 | 19.58 | 9.70 | 8.95 | 11.78 | 15.34 | 9.94 |
| Interest | 1.26 | 1.43 | (0.47) | 0.60 | 0.62 | 0.60 | 0.48 | 0.63 |
| Profit before tax | 66.63 | 61.98 | 36.62 | 60.89 | 50.91 | 47.80 | 27.94 | 40.34 |
| Tax | 16.46 | 18.40 | 10.47 | 17.86 | 14.86 | 25.85 | 8.84 | 10.75 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 240 | 224 | 196 | 217 | 193 | 187 | 166 | 177 |
| Revenue growth (YoY) | +24.3% | +19.7% | +17.9% | +22.1% | +23.0% | +21.3% | +23.1% | +19.8% |
| Other income | 4.86 | 4.89 | 5.26 | 3.33 | 4.90 | 4.59 | 4.01 | 2.61 |
| EBITDA | 77.27 | 75.09 | 51.67 | 71.35 | 57.77 | 57.07 | 41.57 | 48.00 |
| EBITDA margin | +32.2% | +33.5% | +26.4% | +33.0% | +29.9% | +30.5% | +25.1% | +27.1% |
| Depreciation | 12.49 | 14.03 | 21.63 | 11.51 | 11.41 | 13.77 | 17.06 | 13.07 |
| Interest | 1.35 | 1.52 | (0.09) | 0.59 | 0.78 | 0.70 | 0.60 | 0.76 |
| Profit before tax | 68.29 | 64.43 | 35.39 | 62.58 | 50.48 | 47.19 | 27.92 | 36.78 |
| Tax | 16.96 | 15.73 | 7.34 | 14.77 | 12.19 | 25.62 | 8.97 | 10.36 |
| Net profit | 51.33 | 48.70 | 28.05 | 47.81 | 38.29 | 21.57 | 18.95 | 26.42 |
| EPS (₹) | 3.22 | 2.98 | 1.81 | 9.03 | 7.33 | 4.17 | 3.56 | 4.99 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 829 | 687 | 572 | 527 | 589 | 495 | 434 |
| Revenue growth | +14.9% | +14.9% | +7.2% | +14.4% | +9.2% | +21.0% | +7.5% |
| Other income | 18.38 | 14.83 | 9.76 | 9.60 | 29.25 | 12.43 | 7.18 |
| Total expenses | 572 | 498 | 433 | 404 | 353 | 323 | 267 |
| Employee cost | 138 | 127 | 108 | 106 | 61.13 | 58.07 | 48.92 |
| EBITDA | 257 | 190 | 139 | 123 | 236 | 171 | 167 |
| EBITDA margin | +31.0% | +27.6% | +24.3% | +23.3% | +40.0% | +34.6% | +38.5% |
| Depreciation | 58.58 | 55.26 | 47.01 | 38.71 | 33.87 | 30.28 | 31.91 |
| Interest | 3.96 | 3.74 | 5.53 | 4.83 | 3.21 | 0.87 | 1.85 |
| Profit before tax | 213 | 145 | 95.98 | 88.59 | 228 | 152 | 140 |
| Tax | 50.03 | 54.69 | 26.49 | 24.23 | 51.58 | 39.32 | 52.01 |
| Net profit | 161 | 86.69 | 71.39 | 64.21 | 158 | 108 | 89.53 |
| Net profit margin | +19.4% | +12.6% | +12.5% | +12.2% | +26.8% | +21.8% | +20.6% |
| EPS (₹) | 10.24 | 17.27 | 13.36 | 12.18 | 33.30 | 21.40 | 16.73 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 159 | 52.99 | 52.95 | 52.93 | 52.90 | 52.87 | 52.84 |
| Reserves & surplus | 354 | 439 | 440 | 462 | 474 | 374 | 314 |
| Shareholders' funds (net worth) | 586 | 547 | 527 | 534 | 527 | 427 | 367 |
| Minority interest | 0.52 | 0.30 | 0.86 | 0.92 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 28.63 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 50.69 | 24.68 | 13.71 | 23.31 | 20.70 | 8.49 | 12.44 |
| Total debt | 50.69 | 24.68 | 42.34 | 23.31 | 20.70 | 8.49 | 12.44 |
| Total liabilities | 649 | 579 | 573 | 562 | 548 | 449 | 387 |
| Assets | |||||||
| Gross block | 601 | 543 | 501 | 461 | 423 | 366 | 359 |
| Net block | 317 | 297 | 306 | 294 | 285 | 253 | 269 |
| Capital work in progress | 3.07 | 14.15 | 2.55 | 1.61 | 2.95 | 8.28 | 4.93 |
| Investments | 177 | 162 | 162 | 144 | 146 | 126 | 90.20 |
| Inventories | 48.46 | 46.54 | 47.52 | 27.67 | 24.53 | 23.36 | 20.62 |
| Sundry debtors | 73.88 | 73.00 | 43.47 | 85.12 | 93.20 | 44.68 | 16.30 |
| Cash & bank balances | 68.16 | 54.48 | 39.89 | 28.47 | 13.91 | 15.73 | 11.07 |
| Loans & advances | 30.29 | 26.34 | 10.88 | 9.38 | 13.17 | 52.18 | 34.97 |
| Total current assets | 221 | 200 | 142 | 151 | 145 | 136 | 82.96 |
| Total current liabilities | 98.40 | 114 | 70.85 | 69.91 | 59.52 | 92.06 | 77.44 |
| Net working capital | 122 | 86.28 | 70.91 | 80.73 | 85.29 | 43.89 | 5.52 |
| Total assets | 649 | 579 | 573 | 562 | 548 | 449 | 387 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 17.68 | 9.30 | 17.77 | 13.63 | 13.20 | 8.71 | 4.91 |
| Net cash from operating activities | 213 | 191 | 168 | 129 | 113 | 115 | 168 |
| Net cash from investing activities | (23.00) | (52.52) | (91.29) | (38.99) | (23.57) | (48.66) | 0.95 |
| Net cash from financing activities | (170) | (130) | (84.81) | (86.18) | (89.41) | (61.58) | (165) |
| Net change in cash | 20.64 | 8.38 | (8.47) | 4.14 | 0.43 | 4.49 | 4.05 |
| Closing cash | 68.16 | 54.48 | 39.89 | 28.47 | 13.91 | 15.73 | 11.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +20.6% | +20.2% | +8.6% | -10.6% | +19.1% | +13.9% | +7.8% |
| EBITDA growth | +35.6% | +36.7% | +13.3% | -48.0% | +37.6% | +2.5% | +8.3% |
| PBT growth | +46.4% | +51.5% | +8.3% | -61.1% | +49.4% | +8.6% | +1.7% |
| Net income growth | +85.5% | +21.4% | +11.2% | -59.3% | +46.5% | +20.1% | +9.3% |
| Revenue CAGR (3Y) | +16.3% | +5.3% | +5.0% | +6.6% | +13.5% | +11.6% | +12.6% |
| EBITDA CAGR (3Y) | +28.0% | -7.0% | -6.8% | -9.8% | +15.2% | +6.3% | +23.8% |
| Profitability & leverage | |||||||
| Net income margin | +19.6% | +13.2% | +12.2% | +12.2% | +29.9% | +22.9% | +20.4% |
| Return on capital employed | +35.4% | +25.9% | +17.9% | +16.9% | +41.4% | +36.7% | +33.8% |
| Return on net worth | +28.8% | +16.9% | +13.1% | +12.1% | +33.1% | +28.5% | +22.1% |
| Debt / equity | 0.07 | 0.06 | 0.06 | 0.04 | 0.03 | 0.03 | 0.02 |
| Long-term debt / equity | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 |
| Interest cover | 2.00 | 2.78 | 6.03 | 5.76 | 1.59 | 0.62 | 1.37 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.45 | 1.32 | 1.19 | 1.19 | 1.49 | 1.36 | 1.22 |
| Inventory turnover | 17.45 | 14.62 | 15.21 | 20.18 | 24.59 | 22.49 | 22.44 |
| Debtors turnover | 11.29 | 11.80 | 8.89 | 5.91 | 8.54 | 16.22 | 30.52 |
| EPS (₹) | 10.24 | 17.27 | 13.36 | 12.18 | 33.30 | 21.40 | 16.73 |
| Dividend per share (₹) | 14.00 | 21.00 | 18.00 | 18.00 | 15.00 | 25.00 | 5.00 |
| Book value per share (₹) | 32.21 | 92.81 | 93.03 | 97.37 | 99.54 | 80.82 | 69.39 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 226 | 211 | 182 | 202 | 179 | 174 | 153 | 163 |
| Revenue growth (YoY) | +26.1% | +21.2% | +19.6% | +24.0% | +24.6% | +23.1% | +24.1% | +19.6% |
| Other income | 3.51 | 3.72 | 3.43 | 2.28 | 3.96 | 4.54 | 3.51 | 2.12 |
| Total expenses | 150 | 138 | 130 | 133 | 122 | 118 | 112 | 114 |
| EBITDA | 75.61 | 72.63 | 52.30 | 68.91 | 56.52 | 55.64 | 40.25 | 48.79 |
| EBITDA margin | +33.5% | +34.5% | +28.7% | +34.1% | +31.6% | +32.0% | +26.4% | +29.9% |
| Depreciation | 11.23 | 12.94 | 19.58 | 9.70 | 8.95 | 11.78 | 15.34 | 9.94 |
| Interest | 1.26 | 1.43 | (0.47) | 0.60 | 0.62 | 0.60 | 0.48 | 0.63 |
| Profit before tax | 66.63 | 61.98 | 36.62 | 60.89 | 50.91 | 47.80 | 27.94 | 40.34 |
| Tax | 16.46 | 18.40 | 10.47 | 17.86 | 14.86 | 25.85 | 8.84 | 10.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 774 | 633 | 524 | 486 | 562 | 474 | 401 |
| Revenue growth | +17.4% | +14.6% | +4.5% | +12.8% | +8.7% | +9.3% | +25.0% |
| Other income | 13.39 | 13.34 | 7.18 | 5.39 | 7.40 | 12.28 | 9.42 |
| Total expenses | 523 | 446 | 389 | 372 | 330 | 304 | 278 |
| Employee cost | 128 | 119 | 103 | 103 | 58.82 | 56.79 | 45.75 |
| EBITDA | 251 | 188 | 135 | 114 | 232 | 171 | 123 |
| EBITDA margin | +32.5% | +29.6% | +25.8% | +23.5% | +41.2% | +36.0% | +30.8% |
| Depreciation | 51.17 | 46.52 | 39.11 | 34.08 | 28.47 | 21.08 | 19.54 |
| Interest | 3.16 | 3.14 | 4.88 | 4.54 | 3.08 | 0.66 | 1.32 |
| Profit before tax | 210 | 151 | 98.22 | 81.07 | 207 | 161 | 112 |
| Tax | 61.59 | 55.43 | 27.08 | 24.10 | 55.33 | 41.51 | 32.68 |
| Net profit | 147 | 91.42 | 68.84 | 55.24 | 149 | 114 | 104 |
| Net profit margin | +19.0% | +14.4% | +13.1% | +11.4% | +26.5% | +24.1% | +25.9% |
| EPS (₹) | 9.35 | 18.08 | 13.44 | 10.76 | 28.74 | 22.65 | 15.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 159 | 52.99 | 52.95 | 52.93 | 52.90 | 52.87 | 52.84 |
| Reserves & surplus | 331 | 430 | 427 | 449 | 468 | 393 | 325 |
| Shareholders' funds (net worth) | 561 | 537 | 514 | 521 | 521 | 445 | 378 |
| Secured loans | 0.00 | 0.00 | 28.63 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 48.18 | 23.21 | 10.19 | 21.17 | 21.43 | 9.63 | 9.20 |
| Total debt | 48.18 | 23.21 | 38.82 | 21.17 | 21.43 | 9.63 | 9.20 |
| Total liabilities | 626 | 572 | 560 | 547 | 542 | 469 | 395 |
| Assets | |||||||
| Gross block | 409 | 342 | 302 | 279 | 246 | 193 | 167 |
| Net block | 180 | 158 | 159 | 157 | 149 | 119 | 112 |
| Capital work in progress | 3.07 | 14.17 | 0.76 | 0.82 | 2.15 | 8.28 | 3.87 |
| Investments | 294 | 284 | 291 | 274 | 259 | 274 | 239 |
| Inventories | 46.56 | 45.70 | 45.69 | 27.05 | 24.22 | 22.16 | 18.49 |
| Sundry debtors | 69.53 | 68.94 | 40.20 | 83.31 | 92.78 | 44.29 | 15.19 |
| Cash & bank balances | 62.63 | 51.98 | 34.10 | 16.39 | 12.00 | 7.67 | 7.30 |
| Loans & advances | 30.26 | 27.97 | 10.40 | 7.43 | 12.97 | 4.91 | 3.64 |
| Total current assets | 209 | 195 | 130 | 134 | 142 | 79.03 | 44.62 |
| Total current liabilities | 85.56 | 104 | 59.77 | 65.34 | 54.87 | 59.26 | 47.08 |
| Net working capital | 123 | 90.14 | 70.62 | 68.84 | 87.10 | 19.77 | (2.46) |
| Total assets | 626 | 572 | 560 | 547 | 542 | 469 | 395 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 15.18 | 3.56 | 12.37 | 11.50 | 5.05 | 4.88 | 4.36 |
| Net cash from operating activities | 206 | 179 | 155 | 120 | 106 | 111 | 136 |
| Net cash from investing activities | (20.92) | (42.58) | (80.29) | (31.65) | (12.32) | (53.09) | 26.84 |
| Net cash from financing activities | (167) | (124) | (83.71) | (87.50) | (86.91) | (57.81) | (163) |
| Net change in cash | 17.70 | 11.62 | (8.81) | 0.87 | 6.45 | 0.17 | 0.52 |
| Closing cash | 62.63 | 51.98 | 34.10 | 16.39 | 12.00 | 7.67 | 7.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +22.3% | +20.8% | +7.7% | -13.4% | +18.4% | +18.3% | +8.3% |
| EBITDA growth | +34.0% | +38.9% | +18.1% | -50.6% | +35.6% | +38.3% | -16.7% |
| PBT growth | +39.1% | +54.0% | +21.2% | -60.9% | +28.6% | +44.0% | -23.7% |
| Net income growth | +60.8% | +32.8% | +24.6% | -62.8% | +30.3% | +10.0% | +12.9% |
| Revenue CAGR (3Y) | +16.8% | +4.1% | +3.4% | +6.7% | +14.9% | +12.7% | +10.5% |
| EBITDA CAGR (3Y) | +30.0% | -6.8% | -7.5% | -2.5% | +16.1% | +7.7% | +12.2% |
| Profitability & leverage | |||||||
| Net income margin | +19.2% | +15.1% | +13.6% | +11.7% | +27.1% | +25.3% | +19.8% |
| Return on capital employed | +35.7% | +27.3% | +18.6% | +15.7% | +41.6% | +37.5% | +35.6% |
| Return on net worth | +27.1% | +18.2% | +13.8% | +10.9% | +31.5% | +29.1% | +24.9% |
| Debt / equity | 0.07 | 0.06 | 0.06 | 0.04 | 0.03 | 0.02 | 0.01 |
| Long-term debt / equity | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 |
| Interest cover | 1.58 | 2.23 | 5.09 | 5.66 | 1.52 | 0.44 | 1.27 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.06 | 1.97 | 1.81 | 1.85 | 2.56 | 2.63 | 2.57 |
| Inventory turnover | 16.78 | 13.85 | 14.41 | 18.98 | 24.21 | 23.33 | 23.56 |
| Debtors turnover | 11.18 | 11.60 | 8.49 | 5.53 | 8.19 | 15.95 | 30.56 |
| EPS (₹) | 9.35 | 18.08 | 13.44 | 10.76 | 28.74 | 22.65 | 15.01 |
| Dividend per share (₹) | 14.00 | 21.00 | 18.00 | 18.00 | 15.00 | 25.00 | 5.00 |
| Book value per share (₹) | 30.79 | 91.19 | 90.58 | 94.86 | 98.43 | 84.26 | 71.58 |
Shareholding Pattern of Thyrocare Technologies Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 60.90%, foreign institutional investors hold 5.40%, domestic institutional investors hold 21.00%, retail and other public shareholders hold 12.70% of Thyrocare Technologies Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 60.90% | 60.90% | 60.90% | 71.10% |
| Public | 39.10% | 39.10% | 39.10% | 28.90% |
Group Structure of Thyrocare Technologies Limited
Thyrocare Technologies Limited has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Thyrocare Technologies Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nueclear Healthcare Limited | U74120MH2011PLC212839 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Thyrocare Technologies Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2023 | Hdfc Bank Limited | ₹45 Cr | Satisfied |
| 29 Apr 2002 | Uti Bank Ltd; | ₹4.62 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Thyrocare Technologies Limited
Thyrocare Technologies Limited has a workforce of 1,758 employees as of Apr 07, 2024.
Employee and EPFO history for Thyrocare Technologies Limited
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GST Compliance of Thyrocare Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Thyrocare Technologies Limited
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MSME Payment Delays by Thyrocare Technologies Limited
MSME payment history for Thyrocare Technologies Limited
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Subsidiaries & Group Companies of Thyrocare Technologies Limited
Corporate group structure for Thyrocare Technologies Limited
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MCA Filings & Documents of Thyrocare Technologies Limited
MCA filings and documents for Thyrocare Technologies Limited
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Recent Activity on Thyrocare Technologies Limited
Recent News on Thyrocare Technologies Limited
Frequently Asked Questions about Thyrocare Technologies Limited
Thyrocare Technologies Limited is an active public limited company in the healthcare sector based in Navi Mumbai, Maharashtra, India. It was incorporated on 28 January 2000 (26+ years old) and is registered under CIN L85110MH2000PLC123882. Listed on BSE: 539871 and NSE: THYROCARE. The company has 1,758 employees.
Thyrocare Technologies Limited reported revenue of ₹829.04 Cr for FY 2025-26 (up 20.61% YoY) based on consolidated financials.
The current directors of Thyrocare Technologies Limited are:
- Rahul Franklin Guha - Managing Director
- Indumati Gopinathan - Director
- Nishant Amilal Shah - Director
- Anandh Sundar - Director
- Alok Kumar Jagnani - Director
- Harshil Jiten Vora - Director
- Prapti Ishwar Gilada - Director
- Uday Patel Kadam - Additional Director
- Gaurav Verma - Additional Director
The primary industry of Thyrocare Technologies Limited is healthcare. The company specifically operates in diagnostic centers and pathology labs. The company is currently active in this sector.
Yes. Thyrocare Technologies Limited is listed on both BSE (code: 539871) and NSE (symbol: THYROCARE).
Thyrocare Technologies Limited can be reached at the registered office: D371 Ttc Industrial Area Midc Turbhe, Navi Mumbai, Maharashtra, India – 400703, or through the website thyrocare.com.