Thyrocare Technologies Limited Share Price and Company Fundamentals



Price
₹623.1
Change
9.750 (1.590%)
52 week
608.0 - 1374.9

Last traded: Today at 3:51 AM

Thyrocare Technologies Limited provides diagnostic testing services to patients, laboratories, and hospitals in India. It operates through Diagnostic Testing Services, Imaging Services, and Others segments. The company conducts medical diagnostic tests and profiles of tests that focuses on early detection and management of disorders and diseases, including thyroid, growth, metabolism, auto-immunity, diabetes, anaemia, cardiovascular, infertility, COVID, and various infectious diseases. Its profiles of tests include 34 profiles of tests administered under its Aarogyam brand, which offers patients a suite of wellness and preventive health care tests. The company also sells glucometer and glucostrips under the brand name Sugarscan; consumables; and radio pharmaceutical. Thyrocare Technologies Limited was founded in 1996 and is based in Navi Mumbai, India. As of September 1, 2021, Thyrocare Technologies Limited operates as a subsidiary of Docon Technologies Private Limited.

Key Metrics

PE ratio

18.55

PB ratio

6.20

Dividend yield

2.45%

Beta

0.67

Market cap

-

Enterprise value

-

Company profile

Industry / SectorDiagnostics & Research / Healthcare
Websitehttps://www.thyrocare.com
Mailing addressD/37-3, TTC Industrial Area MIDC Turbhe Navi Mumbai 400703 India
Phone / Fax91 22 4125 2525 / 91 22 2768 2409

Dividends

Dividend yield

2.45%

Dividend amount

₹15.00

Payout ratio

45.13%

5Y Avg. yield

2.19%

Thyrocare Technologies Limited paid ₹15.00 dividend and the ex-dividend date was 11 May 2022.The dividend payout ratio is 45.13%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.THYROCARE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

THYROCARE's forward dividend amount is ₹30 and the forward dividend yield is 4.89%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Thyrocare Technologies Limited.

NameTitleAgeTotal Pay
Mr. Rahul Franklin GuhaMD, CEO & Director
Mr. Sachin SalviChief Financial Officer40
Dr. Caesar SenguptaVP of Operations47
Mr. Ramjee DoraiHead of Secretarial & Legal, Compliance Officer & Company Sec.742.79M

Profitability and management effectiveness

Profit margin

29.91%

Operating margin

34.14%

Return on assets

21.78%

Return on equity

36.93%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Thyrocare Technologies Limited is and its enterprise value is .

The THYROCARE's stocks Beta value is 0.67 making it 33% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Thyrocare Technologies Limited (NSE:THYROCARE) Frequently Asked Questions

1. What is Thyrocare Technologies Limited's Stock Symbol?

Thyrocare Technologies Limited trades on NSE under the ticker symbol "THYROCARE".

2. What is Thyrocare Technologies Limited's stock price today?

One share of THYROCARE stock can currently be purchased for approximately ₹623.1.

3. How can I contact Thyrocare Technologies Limited?

Thyrocare Technologies Limited's mailing address is D/37-3, TTC Industrial Area MIDC Turbhe Navi Mumbai 400703 India. The company can be reached via phone at 91 22 4125 2525.

4. What is Thyrocare Technologies Limited's official website?

The official website of Thyrocare Technologies Limited is https://www.thyrocare.com.