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Thyrocare Technologies Ltd (THYROCARE)

₹644.950.88%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Thyrocare Technologies Ltd share Performance

  • ₹632
    ₹653.95
    ₹644.95
    downward going graph

    2.01%

    Low

    Day's Volatility:3.40%

    High

    1.40%

    downward going graph
  • ₹442.05
    ₹722.65
    ₹644.95
    downward going graph

    31.46%

    Low

    52 Weeks Volatility:43.51%

    High

    12.05%

    downward going graph
1 Month Return7.19 %
3 Month Return5.53 %
1 Year Return45.49 %
Previous Close₹650.65
Open₹650.00
Volume51.36K
Upper Circuit-
Lower Circuit-
Market Cap₹3,445.37Cr

Analyst Rating

based on 2 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 2 analysts offering long term price targets for Thyrocare Technologies Ltd. An average target of ₹727.5

Source: S&P Global Market Intelligence

Company Information

Thyrocare Technologies Limited was incorporated in 2000 and is one of the leading pan-India diagnostic chains, offering 636 distinct tests and 90 profiles of tests for early detection and management of various disorders and diseases. Additionally, they have set up Regional Processing Laboratories (RPLs) in 25 cities and Thryrocare International Holding Company (TIHC) in Mauritius has established a centre in Bahrain. In 2016, Thyrocare Technologies had a public offering that closed with an oversubscription of 75 times, and in 2018 acquired an Associate Company, Equinox Labs Private Limited, as well as bought back 958900 equity shares. In 2020, their services were negatively affected due to the Coronavirus, however, in 2021 they had a new promoter, Docon Technologies Private Limited, acquire 37656092 equity shares of the Company.As of March 31 2022, Thyrocare Technologies had a network of 1500 active channel partners and more than 9000 collection points spread across 500 districts in India and provided an extensive menu of over 700 tests, with more than 300 added within the year. Additionally, they installed automation for urine testing in 12 lab locations and Beckman Analysers in Zonal Processing Laboratories.

Share Price: ₹644.95 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹3,445.37Cr as of today
Revenue: ₹134.74Cr as on December 2023 (Q4 23)
Net Profit: ₹14.74Cr as on December 2023 (Q4 23)
Listing date: 09 May, 2016
Chairperson Name: Rahul Guha
OrganisationThyrocare Technologies Ltd
HeadquartersNavi Mumbai
IndustryHealthcare
E-voting on sharesClick here to vote

Key events for Thyrocare Technologies Ltd

  • Thyrocare Founder to Invest up to Rs 50 Crore in Indian Startups - 28 Apr, 2024

    Dr. Arokiaswamy Velumani, founder of Thyrocare Technologies Ltd., has partnered with Young Entrepreneurs Association and Magnifiq Capital Trust to invest up to Rs 50 crore in seed-stage startups with considerable growth potential and at least Rs 5 crore in turnover. Velumani aims to provide financial backing and mentorship to promising startups.

  • Thyrocare Founder Shares Journey and Lessons for Entrepreneurs - 20 Apr, 2024

    A recent podcast features A. Velumani, the founder of Thyrocare Technologies Ltd, sharing his journey from humble beginnings to building a billion-dollar company. He credits his success to dedication, frugality, and the support of his wife. Despite achieving significant financial success, he continued to prioritize responsible financial management. The decision to take the company public through an IPO was pivotal in its growth trajectory, resulting in overwhelming success. Velumani shares invaluable lessons for aspiring entrepreneurs.

  • ICICI Securities Gives Buy Call on Thyrocare Technologies - 16 Apr, 2024

    ICICI Securities has given a buy call on Thyrocare Technologies with a target price of Rs 725. The company reported a consolidated total income of Rs 137.47 crore for the quarter ended December 31, 2023, and net profit after tax of Rs 14.61 crore. Promoters held 71.11% stake in the company as of Dec 31, 2023.

  • Diagnostic Companies to Register 10-11% Growth in Revenue by FY2025 - 10 Apr, 2024

    A study by CRISIL predicts that diagnostic companies, including Thyrocare Technologies, are set to register a growth of 10-11% in revenue by financial year 2025 due to an increase in patients and improving revenue per patient.

Fundamentals of Thyrocare Technologies Ltd

Insights on Thyrocare Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.47% to 12.94% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Max Healthcare Institute Ltd has given 269.3% return, outperforming this stock by 305.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.11% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Global Health Ltd has given 183.9% return, outperforming this stock by 138.4%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 150.53 Cr → 137.6 Cr (in ₹), with an average decrease of 8.6% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 20.34 Cr → 15.35 Cr (in ₹), with an average decrease of 24.5% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 3.35% to 2.90% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, THYROCARE stock has moved down by -36.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.65% to 11.10% in Mar 2024 quarter

Thyrocare Technologies Ltd Valuation

Thyrocare Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.71x)

June 23, 2022

Today (53.16x)

April 29, 2024

Industry (92.76x)

April 29, 2024

Highest (91.79x)

October 27, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.23%
Nippon India Pharma Fund - Direct Plan - Growth PlanNippon India Pharma Fund - Direct Plan - Growth Plan1.46%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth0.38%
ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct GrowthICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth1.2%
ICICI Prudential Innovation Fund Direct GrowthICICI Prudential Innovation Fund Direct Growth0.63%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
71.11%
0.00
Foreign Institutions
2.9%
0.00
Mutual Funds
12.94%
0.00
Retail Investors
11.1%
0.00
Others
1.94%
0.00

Technicals of Thyrocare Technologies Ltd share

News & Events of Thyrocare Technologies Ltd

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Thyrocare Technologies Ltd (THYROCARE) share price today is ₹644.95

Thyrocare Technologies Ltd is listed on NSE

Thyrocare Technologies Ltd is listed on BSE

  • Today’s highest price of Thyrocare Technologies Ltd is ₹653.95.
  • Today’s lowest price of Thyrocare Technologies Ltd is ₹632.

PE Ratio of Thyrocare Technologies Ltd is 53.16

PE ratio = Thyrocare Technologies Ltd Market price per share / Thyrocare Technologies Ltd Earnings per share

Today’s traded volume of Thyrocare Technologies Ltd(THYROCARE) is 51.36K.

Today’s market capitalisation of Thyrocare Technologies Ltd(THYROCARE) is ₹3445.37Cr.

Thyrocare Technologies Ltd(THYROCAREPrice
52 Week High
₹722.65
52 Week Low
₹442.05

Thyrocare Technologies Ltd(THYROCARE) share price is ₹644.95. It is down -10.75% from its 52 Week High price of ₹722.65

Thyrocare Technologies Ltd(THYROCARE) share price is ₹644.95. It is up 45.90% from its 52 Week Low price of ₹442.05

Thyrocare Technologies Ltd(THYROCAREReturns
1 Day Returns
-5.7%
1 Month Returns
7.19%
3 Month Returns
5.53%
1 Year Returns
45.49%