Thyrocare Tech Key Ratios
NSE: THYROCARE | BSE: 539871
₹584.35
As on 28-Aug-2026IST
Market cap
₹9,311 Cr
Revenue (TTM)
₹876 Cr
P/E Ratio
52.8
P/B Ratio
14.8
Div. Yield
2.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 7.18 | 24.34 | 21.09 | 17.96 | 7.76 |
| EBIT | 6.09 | 39.73 | 47.74 | 41.26 | 1.72 |
| Net Profit | 10.78 | 34.06 | 70.46 | 44.56 | 1.45 |
| EPS | 10.78 | 33.89 | 65.50 | 43.09 | 0.81 |
| Book Value | -- | -- | 6.57 | 2.91 | 6.33 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 21.63 | 21.70 | 25.33 | 22.60 | 19.68 |
| Net Margin
| 15.56 | 16.85 | 19.50 | 18.86 | 12.92 |
| Return on equity
| 19.88 | 21.74 | 32.40 | 29.05 | 17.04 |
| Return on Capital
| 29.10 | 30.07 | -- | 38.30 | 27.24 |
| Return on Assets
| 15.07 | 15.63 | 24.17 | 21.42 | 13.33 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
38.30
|
27.24
|
18.75
|
17.61
|
|
Peer Median
|
--
|
19.91
|
20.26
|
19.83
|
--
|
ROE
32.40
Higher than Peers by 17.32
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
32.40
|
29.05
|
17.04
|
13.21
|
12.23
|
|
Peer Median
|
15.08
|
15.24
|
13.93
|
15.80
|
--
|
ROA
24.17
Higher than Peers by 13.67
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
24.17
|
21.42
|
13.33
|
10.00
|
8.00
|
|
Peer Median
|
10.50
|
9.56
|
10.00
|
8.30
|
--
|
EBIT Margin
25.33
Higher than Peers by 6.59
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
25.33
|
22.60
|
19.68
|
16.04
|
15.92
|
|
Peer Median
|
18.74
|
20.56
|
19.66
|
18.70
|
--
|
Net Margin
19.50
Higher than Peers by 5.68
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
19.50
|
18.86
|
12.92
|
11.96
|
12.03
|
|
Peer Median
|
13.82
|
11.77
|
11.96
|
12.26
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
26.71
|
21.24
|
20.37
|
19.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
21.09
Higher than Peers by 5.68
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
21.09
|
20.61
|
20.19
|
8.58
|
-10.56
|
|
Peer Median
|
15.41
|
21.53
|
15.74
|
13.67
|
--
|
EBIT Growth
47.74
Higher than Peers by 30.60
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
47.74
|
38.47
|
47.47
|
9.46
|
-58.48
|
|
Peer Median
|
17.14
|
23.64
|
22.60
|
11.16
|
--
|
Net Profit Growth
70.46
Higher than Peers by 50.47
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
70.46
|
79.45
|
30.59
|
7.97
|
-63.46
|
|
Peer Median
|
19.99
|
22.94
|
23.29
|
9.39
|
--
|
EPS Growth
65.50
Higher than Peers by 53.16
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
65.50
|
79.87
|
27.62
|
7.58
|
-62.52
|
|
Peer Median
|
12.34
|
1.87
|
29.43
|
-7.32
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
6.70
|
3.82
|
-1.38
|
1.27
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
--
|
--
|
0.04
|
--
|
|
Peer Median
|
--
|
0.02
|
0.05
|
0.08
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
--
|
--
|
0.00
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
3.39
Higher than Peers by 1.24
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
3.39
|
3.39
|
2.77
|
3.08
|
3.54
|
|
Peer Median
|
2.15
|
2.54
|
2.42
|
2.28
|
--
|
Quick Ratio
2.95
Higher than Peers by 0.92
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
2.95
|
2.95
|
2.39
|
2.55
|
3.18
|
|
Peer Median
|
2.02
|
2.57
|
2.37
|
2.33
|
--
|
Interest Coverage
68.91
Higher than Peers by 58.64
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
68.91
|
54.76
|
39.89
|
18.36
|
19.34
|
|
Peer Median
|
10.26
|
7.95
|
7.61
|
10.16
|
--
|
Operating Efficiency
Debtors to sales
8.43
Lower than Peers by 0.90
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
8.43
|
8.91
|
10.62
|
7.60
|
16.16
|
|
Peer Median
|
9.33
|
9.37
|
10.62
|
7.60
|
--
|
Asset Turnover
1.22
Higher than Peers by 0.45
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
1.22
|
1.09
|
1.01
|
0.82
|
0.65
|
|
Peer Median
|
0.77
|
0.87
|
0.81
|
0.77
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
32.33
|
30.92
|
41.03
|
61.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
20.91
|
24.97
|
23.99
|
18.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
117.68
|
111.10
|
70.18
|
45.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
--
|
-64.44
|
-55.20
|
-5.15
|
34.57
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
52.81
Lower than Peers by 7.69
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
52.81
|
34.07
|
13.24
|
44.13
|
11.48
|
|
Peer Median
|
60.50
|
65.79
|
59.48
|
60.28
|
--
|
Price / Book Value
14.79
Higher than Peers by 5.18
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
14.79
|
9.62
|
6.65
|
6.00
|
4.29
|
|
Peer Median
|
9.62
|
8.89
|
9.63
|
8.84
|
--
|
Dividend Yield
2.39
Higher than Peers by 2.04
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
2.39
|
4.00
|
3.09
|
3.04
|
4.19
|
|
Peer Median
|
0.35
|
0.14
|
0.04
|
0.42
|
--
|
EV/EBITDA
31.01
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
31.01
|
19.62
|
17.24
|
21.05
|
17.15
|
|
Peer Median
|
--
|
48.88
|
48.17
|
47.88
|
--
|
Market Cap
9,311
Lower than Peers by 5,642
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Thyrocare Tech
|
9,311
|
5,567
|
3,604
|
3,136
|
2,274
|
|
Peer Median
|
14,953
|
12,422
|
8,622
|
9,694
|
--
|