About Thyrocare Technologies Limited
Data last updated: 05 January 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 ₹159.16 Cr. It is led by directors including Nishant Amilal Shah and Harshil Jiten Vora.
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 financials filed for FY 2025, the company reported a revenue of ₹702.18 Cr, a growth of 21% compared to the previous year.
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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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Apps
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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. | ********* |
Auditor Details of Thyrocare Technologies Limited
Thyrocare Technologies Limited is audited by MSKA & ASSOCIATES LLP (Formerly Known as MSKA & Associates) (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| MSKA & ASSOCIATES LLP (Formerly Known as MSKA & Associates) (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Thyrocare Technologies Limited
Thyrocare Technologies Limited is currently managed by 11 directors, with 31 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Thyrocare Technologies Limited FY 2026 filings available
Thyrocare Technologies Limited reported revenue of ₹829.04 Cr (up 20.61% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹829.04 Cr | ₹687.35 Cr | ₹571.88 Cr | ₹526.67 Cr | ₹588.86 Cr | ₹494.62 Cr | ₹433.2 Cr |
| Other Income | ₹16.99 Cr | ₹14.83 Cr | ₹9.37 Cr | ₹8.42 Cr | ₹29.25 Cr | ₹12.43 Cr | ₹7.73 Cr |
| Total Income | ₹846.03 Cr | ₹702.18 Cr | ₹581.25 Cr | ₹535.09 Cr | ₹618.11 Cr | ₹507.05 Cr | ₹440.93 Cr |
| Cost of Materials Consumed | ₹218.71 Cr | ₹188.27 Cr | ₹164.51 Cr | ₹156.92 Cr | ₹166.25 Cr | ₹162.53 Cr | ₹114.92 Cr |
| Purchases of Stock-in-Trade | ₹1.09 Cr | ₹2 Cr | ₹2.47 Cr | ₹6.11 Cr | ₹4.32 Cr | ₹1.09 Cr | ₹2.25 Cr |
| Changes in Inventories | -₹23 Lakh | ₹81 Lakh | -₹28 Lakh | ₹20 Lakh | -₹88 Lakh | ₹28 Lakh | -₹8 Lakh |
| Employee Benefit Expense | ₹138.06 Cr | ₹126.77 Cr | ₹107.86 Cr | ₹106.15 Cr | ₹61.13 Cr | ₹58.07 Cr | ₹48.92 Cr |
| Finance Costs | ₹2.8 Cr | ₹3.05 Cr | ₹4.2 Cr | ₹2.35 Cr | ₹2.37 Cr | ₹87 Lakh | ₹1.85 Cr |
| Depreciation & Amortisation | ₹58.58 Cr | ₹55.26 Cr | ₹47.01 Cr | ₹38.71 Cr | ₹33.87 Cr | ₹30.28 Cr | ₹31.91 Cr |
| Other Expenses | ₹209.37 Cr | ₹179.14 Cr | ₹159.89 Cr | ₹137.24 Cr | ₹123.15 Cr | ₹101.4 Cr | ₹94.67 Cr |
| Total Expenses | ₹628.38 Cr | ₹555.3 Cr | ₹485.66 Cr | ₹447.68 Cr | ₹390.21 Cr | ₹354.52 Cr | ₹294.44 Cr |
| Profit Before Exceptional Items & Tax | ₹217.65 Cr | ₹146.88 Cr | ₹95.59 Cr | ₹87.41 Cr | ₹227.9 Cr | ₹152.53 Cr | ₹146.49 Cr |
| Exceptional Items | -₹6.16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹6.58 Cr |
| Profit Before Tax | ₹211.49 Cr | ₹146.88 Cr | ₹95.59 Cr | ₹87.41 Cr | ₹227.9 Cr | ₹152.53 Cr | ₹139.91 Cr |
| Total Tax Expense | ₹50.03 Cr | ₹54.69 Cr | ₹26.49 Cr | ₹24.23 Cr | ₹51.58 Cr | ₹39.32 Cr | ₹52.01 Cr |
| Net Profit | ₹162.85 Cr | ₹90.75 Cr | ₹69.49 Cr | ₹64.36 Cr | ₹176.14 Cr | ₹113.14 Cr | ₹88.41 Cr |
| attributable to Owners | ₹163.05 Cr | ₹91.51 Cr | ₹70.76 Cr | ₹64.49 Cr | - | ₹0 | - |
| attributable to NCI | -₹19 Lakh | -₹76 Lakh | -₹1.27 Cr | -₹13 Lakh | - | ₹0 | - |
| Other Comprehensive Income | ₹38 Lakh | -₹77 Lakh | ₹29 Lakh | ₹1.53 Cr | -₹8 Lakh | -₹1.39 Cr | ₹12 Lakh |
| Total Comprehensive Income | ₹163.23 Cr | ₹89.98 Cr | ₹69.78 Cr | ₹65.89 Cr | ₹176.06 Cr | ₹111.75 Cr | ₹88.53 Cr |
| EBITDA (computed) | ₹279.03 Cr | ₹205.19 Cr | ₹146.8 Cr | ₹128.47 Cr | ₹264.14 Cr | ₹183.68 Cr | ₹180.25 Cr |
| Basic EPS | ₹10.27 | ₹17.13 | ₹13.42 | ₹12.16 | ₹33.30 | ₹21.41 | ₹16.74 |
| Diluted EPS | ₹10.24 | ₹17.08 | ₹13.40 | ₹12.14 | ₹33.24 | ₹21.37 | ₹16.71 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹747.22 Cr | ₹692.75 Cr | ₹643.88 Cr | ₹632.72 Cr |
| Non-current Assets | ₹374.93 Cr | ₹355.03 Cr | ₹365.38 Cr | ₹359.78 Cr |
| Current Assets | ₹372.29 Cr | ₹337.72 Cr | ₹278.5 Cr | ₹272.94 Cr |
| Property, Plant & Equipment | ₹205.62 Cr | ₹148.71 Cr | ₹168.44 Cr | ₹157.44 Cr |
| Inventories | ₹48.46 Cr | ₹46.54 Cr | ₹47.52 Cr | ₹27.67 Cr |
| Trade Receivables | ₹73.88 Cr | ₹73 Cr | ₹43.47 Cr | ₹85.12 Cr |
| Cash & Equivalents | ₹38.32 Cr | ₹17.68 Cr | ₹9.3 Cr | ₹17.77 Cr |
| Equity (Net Worth) | ₹586.02 Cr | ₹547.05 Cr | ₹527.63 Cr | ₹535.22 Cr |
| Equity Share Capital | ₹159.17 Cr | ₹52.99 Cr | ₹52.95 Cr | ₹52.93 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹10.91 Cr | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹10.69 Cr | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹21.6 Cr | ₹0 |
| Current Liabilities | ₹109.91 Cr | ₹121.84 Cr | ₹90.48 Cr | ₹77.1 Cr |
| Total Liabilities | ₹161.2 Cr | ₹145.7 Cr | ₹116.25 Cr | ₹97.5 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹213.24 Cr | ₹191.32 Cr | ₹167.64 Cr | ₹129.31 Cr | ₹266.99 Cr |
| Investing Cash Flow | -₹23.01 Cr | -₹52.52 Cr | -₹91.29 Cr | -₹38.99 Cr | -₹119.71 Cr |
| Financing Cash Flow | -₹169.59 Cr | -₹130.42 Cr | -₹84.8 Cr | -₹86.18 Cr | -₹146.85 Cr |
| Capital Expenditure | ₹20.88 Cr | ₹44.89 Cr | ₹61.59 Cr | ₹43.65 Cr | ₹37.83 Cr |
| Free Cash Flow (computed) | ₹192.36 Cr | ₹146.43 Cr | ₹106.05 Cr | ₹85.66 Cr | ₹229.16 Cr |
| Dividends Paid | ₹148.43 Cr | ₹95.31 Cr | ₹95.27 Cr | ₹79.35 Cr | ₹79.31 Cr |
| Net Change in Cash | ₹20.64 Cr | ₹8.38 Cr | -₹8.45 Cr | ₹4.14 Cr | ₹43 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹223.95 Cr | ₹195.53 Cr | ₹216.53 Cr | ₹193.03 Cr | ₹187.16 Cr | ₹165.92 Cr | ₹177.36 Cr | ₹156.91 Cr | ₹154.25 Cr | ₹134.74 Cr | ₹148 Cr | ₹134.89 Cr |
| Other Income | ₹4.31 Cr | ₹4.98 Cr | ₹3.05 Cr | ₹4.65 Cr | ₹4.59 Cr | ₹4.01 Cr | ₹2.61 Cr | ₹3.62 Cr | ₹3.49 Cr | ₹2.73 Cr | ₹2.17 Cr | ₹98 Lakh |
| Total Income | ₹228.26 Cr | ₹200.51 Cr | ₹219.58 Cr | ₹197.68 Cr | ₹191.75 Cr | ₹169.93 Cr | ₹179.96 Cr | ₹160.53 Cr | ₹157.74 Cr | ₹137.47 Cr | ₹150.17 Cr | ₹135.87 Cr |
| Cost of Materials Consumed | ₹56.42 Cr | ₹47.07 Cr | ₹59.81 Cr | ₹55.41 Cr | ₹48.71 Cr | ₹44.79 Cr | ₹50.12 Cr | ₹44.65 Cr | ₹46.12 Cr | ₹38.01 Cr | ₹43.08 Cr | ₹37.3 Cr |
| Purchases of Stock-in-Trade | ₹77 Lakh | ₹4 Lakh | ₹21 Lakh | ₹7 Lakh | ₹46 Lakh | ₹20 Lakh | ₹1.28 Cr | ₹6 Lakh | ₹1.06 Cr | ₹68 Lakh | ₹38 Lakh | ₹35 Lakh |
| Changes in Inventories | -₹51 Lakh | ₹9 Lakh | ₹4 Lakh | ₹15 Lakh | ₹30 Lakh | ₹17 Lakh | -₹41.3 Lakh | ₹75 Lakh | -₹61 Lakh | -₹27 Lakh | ₹18 Lakh | ₹42 Lakh |
| Employee Benefit Expense | ₹36.07 Cr | ₹35.76 Cr | ₹33.23 Cr | ₹33 Cr | ₹33.47 Cr | ₹35.09 Cr | ₹29.49 Cr | ₹28.72 Cr | ₹26.57 Cr | ₹26.36 Cr | ₹27.06 Cr | ₹27.87 Cr |
| Finance Costs | ₹1.52 Cr | -₹9 Lakh | ₹59 Lakh | ₹78 Lakh | ₹70 Lakh | ₹60 Lakh | ₹76.1 Lakh | ₹99 Lakh | ₹1.12 Cr | ₹1.07 Cr | ₹1.13 Cr | ₹88 Lakh |
| Depreciation & Amortisation | ₹14.03 Cr | ₹21.63 Cr | ₹11.51 Cr | ₹11.41 Cr | ₹13.77 Cr | ₹17.06 Cr | ₹13.07 Cr | ₹11.36 Cr | ₹13.06 Cr | ₹13.47 Cr | ₹10.65 Cr | ₹9.83 Cr |
| Other Expenses | ₹56.11 Cr | ₹54.74 Cr | ₹51.89 Cr | ₹46.63 Cr | ₹46.52 Cr | ₹43.94 Cr | ₹48.59 Cr | ₹40.09 Cr | ₹47.3 Cr | ₹38.37 Cr | ₹39.78 Cr | ₹34.44 Cr |
| Total Expenses | ₹164.41 Cr | ₹159.24 Cr | ₹157.28 Cr | ₹147.45 Cr | ₹143.93 Cr | ₹141.85 Cr | ₹142.9 Cr | ₹126.62 Cr | ₹134.62 Cr | ₹117.69 Cr | ₹122.26 Cr | ₹111.09 Cr |
| Profit Before Exceptional Items & Tax | ₹63.85 Cr | ₹41.27 Cr | ₹62.3 Cr | ₹50.23 Cr | ₹47.82 Cr | ₹28.08 Cr | ₹37.07 Cr | ₹33.91 Cr | ₹23.12 Cr | ₹19.78 Cr | ₹27.91 Cr | ₹24.78 Cr |
| Exceptional Items | ₹0 | -₹6.16 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹22 Lakh | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹63.85 Cr | ₹35.11 Cr | ₹62.3 Cr | ₹50.23 Cr | ₹47.82 Cr | ₹28.08 Cr | ₹37.07 Cr | ₹33.91 Cr | ₹22.9 Cr | ₹19.78 Cr | ₹27.91 Cr | ₹24.78 Cr |
| Total Tax Expense | ₹15.73 Cr | ₹7.34 Cr | ₹14.77 Cr | ₹12.19 Cr | ₹25.62 Cr | ₹8.97 Cr | -₹10.35 Cr | ₹9.61 Cr | ₹5.72 Cr | ₹5.17 Cr | ₹7.94 Cr | ₹7.65 Cr |
| Net Profit | ₹48.7 Cr | ₹28.05 Cr | ₹47.81 Cr | ₹38.29 Cr | ₹21.57 Cr | ₹18.95 Cr | ₹47.13 Cr | ₹23.94 Cr | ₹17.18 Cr | ₹14.74 Cr | ₹20.33 Cr | ₹17.25 Cr |
| attributable to Owners | ₹47.12 Cr | ₹29.01 Cr | ₹47.99 Cr | ₹38.93 Cr | ₹21.7 Cr | ₹19.11 Cr | ₹26.67 Cr | ₹24.17 Cr | ₹17.79 Cr | ₹15.35 Cr | ₹20.34 Cr | - |
| attributable to NCI | ₹1.59 Cr | -₹96 Lakh | -₹18.4 Lakh | -₹64 Lakh | -₹13 Lakh | -₹16 Lakh | -₹24.6 Lakh | -₹23 Lakh | -₹60 Lakh | -₹61 Lakh | -₹1 Lakh | - |
| Other Comprehensive Income | ₹66 Lakh | -₹14 Lakh | ₹9 Lakh | -₹23 Lakh | -₹23 Lakh | -₹1 Lakh | -₹5 Lakh | -₹47 Lakh | ₹6 Lakh | ₹0 | ₹8 Lakh | ₹15 Lakh |
| Total Comprehensive Income | ₹49.36 Cr | ₹27.91 Cr | ₹47.9 Cr | ₹38.06 Cr | ₹21.34 Cr | ₹18.94 Cr | ₹47.08 Cr | ₹23.47 Cr | ₹17.24 Cr | ₹14.74 Cr | ₹20.41 Cr | ₹17.4 Cr |
| EBITDA (computed) | ₹79.4 Cr | ₹62.81 Cr | ₹74.4 Cr | ₹62.42 Cr | ₹62.29 Cr | ₹45.74 Cr | ₹50.89 Cr | ₹46.26 Cr | ₹37.3 Cr | ₹34.32 Cr | ₹39.69 Cr | ₹35.49 Cr |
| Basic EPS | ₹2.99 | ₹1.82 | ₹9.05 | ₹7.35 | ₹4.17 | ₹3.58 | ₹4.99 | ₹4.52 | ₹3.54 | ₹2.78 | ₹3.84 | ₹3.26 |
| Diluted EPS | ₹2.98 | ₹1.81 | ₹9.03 | ₹7.33 | ₹4.16 | ₹3.56 | ₹4.98 | ₹4.51 | ₹3.54 | ₹2.77 | ₹3.84 | ₹3.25 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Diagnostic Testing Services | ₹210.22 Cr | ₹58.86 Cr | ₹514.08 Cr | ₹147.35 Cr |
| Imaging Services | ₹12.48 Cr | -₹30 Lakh | ₹192.34 Cr | ₹11.47 Cr |
| Others | ₹1.25 Cr | ₹98 Lakh | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Diagnostic Testing Services | ₹772.53 Cr | ₹197.48 Cr | - | - |
| Imaging Services | ₹53.14 Cr | ₹67 Lakh | - | - |
| Others | ₹3.37 Cr | ₹2.51 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹774.27 Cr | ₹633.1 Cr | ₹524.02 Cr | ₹486.46 Cr | ₹561.53 Cr | ₹474.27 Cr | ₹400 Cr |
| Other Income | ₹13.39 Cr | ₹13.34 Cr | ₹7.18 Cr | ₹5.39 Cr | ₹7.4 Cr | ₹12.28 Cr | ₹10.48 Cr |
| Total Income | ₹787.66 Cr | ₹646.44 Cr | ₹531.2 Cr | ₹491.85 Cr | ₹568.93 Cr | ₹486.55 Cr | ₹410.48 Cr |
| Cost of Materials Consumed | ₹208.37 Cr | ₹177.28 Cr | ₹155.39 Cr | ₹150.06 Cr | ₹161.79 Cr | ₹159.18 Cr | ₹110.17 Cr |
| Purchases of Stock-in-Trade | ₹1.09 Cr | ₹2 Cr | ₹2.47 Cr | ₹6.11 Cr | ₹4.32 Cr | ₹1.09 Cr | ₹2.25 Cr |
| Changes in Inventories | -₹23 Lakh | ₹81 Lakh | -₹28 Lakh | ₹20 Lakh | -₹88 Lakh | ₹28 Lakh | -₹8 Lakh |
| Employee Benefit Expense | ₹128.29 Cr | ₹118.56 Cr | ₹102.92 Cr | ₹102.61 Cr | ₹58.82 Cr | ₹56.79 Cr | ₹45.75 Cr |
| Finance Costs | ₹2.18 Cr | ₹2.63 Cr | ₹3.73 Cr | ₹2.25 Cr | ₹2.38 Cr | ₹66 Lakh | ₹1.32 Cr |
| Depreciation & Amortisation | ₹51.17 Cr | ₹46.52 Cr | ₹39.11 Cr | ₹34.08 Cr | ₹28.47 Cr | ₹21.08 Cr | ₹19.54 Cr |
| Other Expenses | ₹180.42 Cr | ₹147.43 Cr | ₹129.64 Cr | ₹115.47 Cr | ₹106.65 Cr | ₹86.19 Cr | ₹75.2 Cr |
| Total Expenses | ₹571.29 Cr | ₹495.23 Cr | ₹432.98 Cr | ₹410.78 Cr | ₹361.55 Cr | ₹325.27 Cr | ₹254.15 Cr |
| Profit Before Exceptional Items & Tax | ₹216.37 Cr | ₹151.21 Cr | ₹98.22 Cr | ₹81.07 Cr | ₹207.38 Cr | ₹161.28 Cr | ₹156.33 Cr |
| Exceptional Items | -₹5.97 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | -₹44.33 Cr |
| Profit Before Tax | ₹210.4 Cr | ₹151.21 Cr | ₹98.22 Cr | ₹81.07 Cr | ₹207.38 Cr | ₹161.28 Cr | ₹112 Cr |
| Total Tax Expense | ₹61.59 Cr | ₹55.43 Cr | ₹27.08 Cr | ₹24.1 Cr | ₹55.33 Cr | ₹41.51 Cr | ₹32.68 Cr |
| Net Profit | ₹148.81 Cr | ₹95.78 Cr | ₹71.14 Cr | ₹56.97 Cr | ₹152.05 Cr | ₹119.77 Cr | ₹79.32 Cr |
| Other Comprehensive Income | ₹22 Lakh | -₹73 Lakh | ₹22 Lakh | ₹1.54 Cr | -₹4 Lakh | -₹1.41 Cr | ₹12 Lakh |
| Total Comprehensive Income | ₹149.03 Cr | ₹95.05 Cr | ₹71.36 Cr | ₹58.51 Cr | ₹152.01 Cr | ₹118.36 Cr | ₹79.44 Cr |
| EBITDA (computed) | ₹269.72 Cr | ₹200.36 Cr | ₹141.06 Cr | ₹117.4 Cr | ₹238.23 Cr | ₹183.02 Cr | ₹177.19 Cr |
| Basic EPS | ₹9.36 | ₹17.95 | ₹13.44 | ₹10.77 | ₹28.75 | ₹22.66 | ₹15.02 |
| Diluted EPS | ₹9.34 | ₹17.90 | ₹13.41 | ₹10.75 | ₹28.70 | ₹22.62 | ₹14.99 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹711.21 Cr | ₹676.35 Cr | ₹620.28 Cr | ₹611.87 Cr |
| Non-current Assets | ₹395.4 Cr | ₹377.79 Cr | ₹374.63 Cr | ₹376.5 Cr |
| Current Assets | ₹315.81 Cr | ₹298.56 Cr | ₹245.65 Cr | ₹235.37 Cr |
| Property, Plant & Equipment | ₹171.96 Cr | ₹113.66 Cr | ₹127.84 Cr | ₹123.52 Cr |
| Inventories | ₹46.56 Cr | ₹45.7 Cr | ₹45.69 Cr | ₹27.05 Cr |
| Trade Receivables | ₹69.53 Cr | ₹68.94 Cr | ₹40.2 Cr | ₹83.31 Cr |
| Cash & Equivalents | ₹32.88 Cr | ₹15.18 Cr | ₹3.56 Cr | ₹12.53 Cr |
| Equity (Net Worth) | ₹560.68 Cr | ₹537.1 Cr | ₹513.81 Cr | ₹521.04 Cr |
| Equity Share Capital | ₹159.17 Cr | ₹52.99 Cr | ₹52.95 Cr | ₹52.93 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹10.91 Cr | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹8.86 Cr | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹19.77 Cr | ₹0 |
| Current Liabilities | ₹95.43 Cr | ₹110.96 Cr | ₹75.96 Cr | ₹73.2 Cr |
| Total Liabilities | ₹150.53 Cr | ₹139.25 Cr | ₹106.47 Cr | ₹90.83 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹206.07 Cr | ₹190.76 Cr | ₹155.2 Cr | ₹120.01 Cr | ₹105.68 Cr |
| Investing Cash Flow | -₹20.92 Cr | -₹54.7 Cr | -₹80.28 Cr | -₹31.48 Cr | -₹12.32 Cr |
| Financing Cash Flow | -₹167.45 Cr | -₹124.44 Cr | -₹83.71 Cr | -₹87.5 Cr | -₹86.91 Cr |
| Capital Expenditure | ₹18.93 Cr | ₹46.95 Cr | ₹43.27 Cr | ₹21.12 Cr | ₹40.41 Cr |
| Free Cash Flow (computed) | ₹187.14 Cr | ₹143.81 Cr | ₹111.93 Cr | ₹98.89 Cr | ₹65.27 Cr |
| Dividends Paid | ₹148.43 Cr | ₹95.31 Cr | ₹95.27 Cr | ₹79.35 Cr | ₹79.31 Cr |
| Net Change in Cash | ₹17.7 Cr | ₹11.62 Cr | -₹8.79 Cr | ₹1.03 Cr | ₹6.45 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹210.67 Cr | ₹182.48 Cr | ₹202.23 Cr | ₹178.89 Cr | ₹173.87 Cr | ₹152.55 Cr | ₹163.05 Cr | ₹143.63 Cr | ₹141.23 Cr | ₹122.89 Cr | ₹136.29 Cr | ₹123.61 Cr |
| Other Income | ₹3.72 Cr | ₹3.43 Cr | ₹2.28 Cr | ₹3.96 Cr | ₹4.54 Cr | ₹3.51 Cr | ₹2.12 Cr | ₹3.17 Cr | ₹2.81 Cr | ₹2.09 Cr | ₹1.82 Cr | ₹46 Lakh |
| Total Income | ₹214.39 Cr | ₹185.91 Cr | ₹204.51 Cr | ₹182.85 Cr | ₹178.41 Cr | ₹156.06 Cr | ₹165.17 Cr | ₹146.8 Cr | ₹144.04 Cr | ₹124.98 Cr | ₹138.11 Cr | ₹124.07 Cr |
| Cost of Materials Consumed | ₹54.27 Cr | ₹44.61 Cr | ₹57.12 Cr | ₹52.37 Cr | ₹46.19 Cr | ₹42.05 Cr | ₹46.94 Cr | ₹42.11 Cr | ₹43.6 Cr | ₹35.99 Cr | ₹40.7 Cr | ₹35.1 Cr |
| Purchases of Stock-in-Trade | ₹77 Lakh | ₹4 Lakh | ₹21 Lakh | ₹7 Lakh | ₹46 Lakh | ₹20 Lakh | ₹1.29 Cr | ₹6 Lakh | ₹1.06 Cr | ₹68 Lakh | ₹38 Lakh | ₹35 Lakh |
| Changes in Inventories | -₹51 Lakh | ₹9 Lakh | ₹4 Lakh | ₹15 Lakh | ₹30 Lakh | ₹17 Lakh | -₹41.3 Lakh | ₹75 Lakh | -₹61 Lakh | -₹27 Lakh | ₹18 Lakh | ₹42 Lakh |
| Employee Benefit Expense | ₹33.44 Cr | ₹32.78 Cr | ₹31.37 Cr | ₹30.7 Cr | ₹31.33 Cr | ₹32.96 Cr | ₹27.69 Cr | ₹26.57 Cr | ₹25.12 Cr | ₹25.06 Cr | ₹25.87 Cr | ₹26.88 Cr |
| Finance Costs | ₹1.43 Cr | -₹47 Lakh | ₹60 Lakh | ₹62 Lakh | ₹60 Lakh | ₹48 Lakh | ₹63.4 Lakh | ₹93 Lakh | ₹94 Lakh | ₹96 Lakh | ₹1.02 Cr | ₹80 Lakh |
| Depreciation & Amortisation | ₹12.94 Cr | ₹19.58 Cr | ₹9.7 Cr | ₹8.95 Cr | ₹11.78 Cr | ₹15.34 Cr | ₹9.94 Cr | ₹9.45 Cr | ₹10.41 Cr | ₹10.9 Cr | ₹9.3 Cr | ₹8.51 Cr |
| Other Expenses | ₹50.07 Cr | ₹46.69 Cr | ₹44.58 Cr | ₹39.08 Cr | ₹39.95 Cr | ₹36.92 Cr | ₹38.77 Cr | ₹31.79 Cr | ₹38.47 Cr | ₹30.9 Cr | ₹32.53 Cr | ₹27.74 Cr |
| Total Expenses | ₹152.41 Cr | ₹143.32 Cr | ₹143.62 Cr | ₹131.94 Cr | ₹130.61 Cr | ₹128.12 Cr | ₹124.84 Cr | ₹111.66 Cr | ₹118.99 Cr | ₹104.22 Cr | ₹109.98 Cr | ₹99.8 Cr |
| Profit Before Exceptional Items & Tax | ₹61.98 Cr | ₹42.59 Cr | ₹60.89 Cr | ₹50.91 Cr | ₹47.8 Cr | ₹27.94 Cr | ₹40.34 Cr | ₹35.14 Cr | ₹25.05 Cr | ₹20.76 Cr | ₹28.13 Cr | ₹24.27 Cr |
| Exceptional Items | ₹0 | -₹5.97 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹61.98 Cr | ₹36.62 Cr | ₹60.89 Cr | ₹50.91 Cr | ₹47.8 Cr | ₹27.94 Cr | ₹40.34 Cr | ₹35.14 Cr | ₹25.05 Cr | ₹20.76 Cr | ₹28.13 Cr | ₹24.27 Cr |
| Total Tax Expense | ₹18.4 Cr | ₹10.47 Cr | ₹17.86 Cr | ₹14.86 Cr | ₹25.85 Cr | ₹8.84 Cr | ₹10.75 Cr | ₹9.99 Cr | ₹5.82 Cr | ₹5.87 Cr | ₹7.84 Cr | ₹7.54 Cr |
| Net Profit | ₹43.58 Cr | ₹26.15 Cr | ₹43.03 Cr | ₹36.05 Cr | ₹21.95 Cr | ₹19.1 Cr | ₹29.59 Cr | ₹25.15 Cr | ₹19.23 Cr | ₹14.89 Cr | ₹20.29 Cr | ₹16.73 Cr |
| Other Comprehensive Income | ₹48 Lakh | -₹12 Lakh | ₹7 Lakh | -₹21 Lakh | -₹23 Lakh | -₹1 Lakh | -₹5 Lakh | -₹43 Lakh | ₹0 | ₹1 Lakh | ₹5 Lakh | ₹16 Lakh |
| Total Comprehensive Income | ₹44.06 Cr | ₹26.03 Cr | ₹43.1 Cr | ₹35.84 Cr | ₹21.72 Cr | ₹19.09 Cr | ₹29.54 Cr | ₹24.72 Cr | ₹19.23 Cr | ₹14.9 Cr | ₹20.34 Cr | ₹16.89 Cr |
| EBITDA (computed) | ₹76.35 Cr | ₹61.7 Cr | ₹71.19 Cr | ₹60.48 Cr | ₹60.18 Cr | ₹43.76 Cr | ₹50.91 Cr | ₹45.52 Cr | ₹36.4 Cr | ₹32.62 Cr | ₹38.45 Cr | ₹33.58 Cr |
| Basic EPS | ₹2.75 | ₹1.64 | ₹8.12 | ₹6.80 | ₹4.08 | ₹3.53 | ₹5.59 | ₹4.75 | ₹3.63 | ₹2.81 | ₹3.83 | ₹3.16 |
| Diluted EPS | ₹2.75 | ₹1.63 | ₹8.11 | ₹6.78 | ₹4.07 | ₹3.51 | ₹5.58 | ₹4.74 | ₹3.63 | ₹2.80 | ₹3.83 | ₹3.16 |
Shareholding Pattern of Thyrocare Technologies Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 60.92%, foreign institutional investors hold 5.37%, domestic institutional investors hold 20.99%, retail and other public shareholders hold 12.71% of Thyrocare Technologies Limited. The company had 73,377 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 60.92% | 60.93% | 71.06% | 71.06% | 71.06% | 71.06% |
| Public | 39.08% | 39.07% | 28.94% | 28.94% | 28.94% | 28.94% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 60.92% | 71.06% | 71.11% | 71.14% | 71.18% | 66.14% | 66.01% | 65.71% | 63.96% | 63.96% |
| Public | 39.08% | 28.94% | 28.89% | 28.86% | 28.82% | 33.86% | 33.99% | 34.29% | 36.04% | 35.79% |
| Employee Trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.25% |
| Promoter change (YoY, %pts) | -10.14 | -0.05 | -0.03 | -0.04 | +5.04 | +0.13 | +0.30 | +1.75 | +0.00 | - |
Board & Governance of Thyrocare Technologies Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Thyrocare Technologies Limited has 9 directors - 5 independent and 1 executive. The board is chaired by Rahul Guha.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Rahul Guha | Executive Director · CEO-MD · Chairperson | 2022-05-04 | 1 |
| Dharmil Nirupam Sheth | Non-Executive - Non Independent Director | 2021-09-02 | 1 |
| Dhaval Rajesh Shah | Non-Executive - Non Independent Director | 2021-10-06 | 1 |
| Alok Kumar Jagnani | Non-Executive - Non Independent Director | 2025-07-24 | 1 |
| Indumati Gopinathan | Non-Executive - Independent Director | 2017-08-12 | 2 |
| Prapti Ishwar Gilada | Non-Executive - Independent Director | 2023-07-14 | 1 |
| Harshil Jiten Vora | Non-Executive - Independent Director | 2023-07-14 | 1 |
| Anandh Sundar | Non-Executive - Independent Director | 2024-06-15 | 2 |
| Nishant A Shah | Non-Executive - Independent Director | 2024-06-15 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Nishant A Shah (Chairperson), Anandh Sundar, Prapti Ishwar Gilada, Rahul Guha |
| Nomination and remuneration committee | Prapti Ishwar Gilada (Chairperson), Indumati Gopinathan, Dharmil Nirupam Sheth |
| Stakeholders Relationship Committee | Prapti Ishwar Gilada (Chairperson), Dharmil Nirupam Sheth, Alok Kumar Jagnani |
| Risk Management Committee | Prapti Ishwar Gilada (Chairperson), Dharmil Nirupam Sheth, Rahul Guha, Alok Kumar Jagnani |
| Corporate Social Responsibility Committee | Indumati Gopinathan (Chairperson), Dhaval Rajesh Shah, Alok Kumar Jagnani |
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 Count & EPFO Data of Thyrocare Technologies Limited
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GST Compliance of Thyrocare Technologies Limited
GSTIN & GST Filing Data of Thyrocare Technologies Limited
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Credit Ratings, Litigation & Regulatory Alerts for Thyrocare Technologies Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Thyrocare Technologies Limited
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MSME Payment Delays by Thyrocare Technologies Limited
MSME Payment Delays by Thyrocare Technologies Limited
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Subsidiaries & Group Companies of Thyrocare Technologies Limited
Subsidiaries & Group Companies of Thyrocare Technologies Limited
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MCA Filings & Documents of Thyrocare Technologies Limited
MCA Filings & Documents of 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 ₹702.18 Cr for FY 2025 (up 21.00% YoY).
The current directors of Thyrocare Technologies Limited are:
- Alok Kumar Jagnani
- Nishant Amilal Shah
- Harshil Jiten Vora
- Anandh Sundar
- Indumati Gopinathan
- Dhaval Rajesh Shah
- Rahul Franklin Guha
- Dharmil Nirupam Sheth
- Brijesh Kumar
- Prapti Ishwar Gilada
- Vikram Gupta
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.