Thyrocare Technologies Ltd
Thyrocare Technologies is engaged in the business of healthcare industry and is involved in providing quality diagnostic services at affordable costs to patients, laboratories and hospitals in India.
- Market Cap ₹ 3,442 Cr.
- Current Price ₹ 650
- High / Low ₹ 723 / 448
- Stock P/E 48.4
- Book Value ₹ 97.0
- Dividend Yield 2.83 %
- ROCE 18.6 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 118%
- Debtor days have improved from 50.3 to 28.0 days.
Cons
- The company has delivered a poor sales growth of 7.19% over past five years.
- Promoters have pledged 100% of their holding.
- Working capital days have increased from 64.3 days to 106 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Healthcare Industry: Healthcare
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
134 | 150 | 180 | 235 | 298 | 332 | 370 | 401 | 474 | 562 | 486 | 524 | |
71 | 81 | 109 | 140 | 182 | 193 | 222 | 233 | 304 | 330 | 371 | 390 | |
Operating Profit | 64 | 69 | 71 | 95 | 115 | 139 | 148 | 168 | 171 | 232 | 115 | 134 |
OPM % | 47% | 46% | 40% | 40% | 39% | 42% | 40% | 42% | 36% | 41% | 24% | 26% |
18 | 7 | 13 | 6 | -16 | 21 | 14 | -35 | 12 | 7 | 5 | 7 | |
Interest | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 3 | 5 | 4 |
Depreciation | 3 | 6 | 11 | 11 | 12 | 12 | 14 | 20 | 21 | 28 | 34 | 39 |
Profit before tax | 78 | 69 | 73 | 89 | 87 | 148 | 147 | 112 | 161 | 207 | 81 | 98 |
Tax % | 27% | 33% | 33% | 34% | 46% | 35% | 35% | 29% | 26% | 27% | 30% | 28% |
57 | 46 | 49 | 59 | 47 | 96 | 95 | 79 | 120 | 152 | 57 | 71 | |
EPS in Rs | 52.04 | 42.28 | 9.75 | 10.94 | 8.69 | 17.87 | 18.04 | 15.01 | 22.65 | 28.74 | 10.76 | 13.43 |
Dividend Payout % | 0% | 0% | 157% | 91% | 115% | 56% | 111% | 33% | 110% | 52% | 167% | 134% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 7% |
3 Years: | 3% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -5% |
3 Years: | -15% |
TTM: | 29% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | -14% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 21% |
3 Years: | 18% |
Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 51 | 54 | 54 | 54 | 53 | 53 | 53 | 53 | 53 | 53 |
Reserves | 149 | 195 | 229 | 322 | 364 | 400 | 403 | 325 | 393 | 468 | 468 | 461 |
25 | 25 | 0 | 0 | 0 | 0 | 0 | 9 | 10 | 21 | 21 | 39 | |
11 | 14 | 14 | 39 | 26 | 31 | 32 | 55 | 73 | 55 | 70 | 68 | |
Total Liabilities | 197 | 246 | 293 | 414 | 444 | 485 | 488 | 442 | 528 | 597 | 612 | 620 |
75 | 87 | 83 | 93 | 89 | 103 | 108 | 112 | 119 | 149 | 157 | 159 | |
CWIP | 10 | 6 | 6 | 1 | 2 | 0 | 1 | 4 | 8 | 2 | 1 | 1 |
Investments | 77 | 119 | 162 | 266 | 299 | 315 | 289 | 239 | 274 | 259 | 274 | 291 |
34 | 33 | 42 | 55 | 54 | 68 | 89 | 88 | 127 | 186 | 180 | 169 | |
Total Assets | 197 | 246 | 293 | 414 | 444 | 485 | 488 | 442 | 528 | 597 | 612 | 620 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
46 | 46 | 36 | 67 | 89 | 112 | 97 | 136 | 111 | 106 | 120 | 155 | |
-88 | -52 | -21 | -19 | -40 | -48 | -3 | 27 | -53 | -12 | -32 | -80 | |
1 | 0 | -23 | -45 | -48 | -65 | -96 | -163 | -58 | -87 | -88 | -84 | |
Net Cash Flow | -42 | -6 | -7 | 3 | 1 | -1 | -3 | 1 | 0 | 6 | 1 | -9 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 9 | 12 | 9 | 11 | 7 | 10 | 11 | 14 | 34 | 60 | 63 | 28 |
Inventory Days | 54 | 54 | 47 | 54 | 64 | 66 | 54 | 60 | 50 | 54 | 63 | 106 |
Days Payable | 2 | 13 | 5 | 8 | 4 | 23 | 19 | 62 | 48 | 30 | 52 | 83 |
Cash Conversion Cycle | 61 | 53 | 51 | 57 | 68 | 53 | 46 | 12 | 37 | 84 | 74 | 51 |
Working Capital Days | 19 | 22 | 52 | 15 | 28 | 11 | 4 | -9 | 9 | 49 | 38 | 106 |
ROCE % | 50% | 33% | 27% | 27% | 29% | 33% | 31% | 36% | 37% | 41% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3m - Newspaper Advertisement - Disclosure under Regulation 30 and Regulation 47 of SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Audio recording of post results earning conference call
- Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 1d
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Announcement under Regulation 30 (LODR)-Change in Directorate
1d - Company at their meeting held on May 14, 2024, approved the appointment of Mr. Anandh Sundar and Mr. Nishant Shah as additional director designated as …
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Copy of the Investor presentation to be made to the investors at the earning conference call for Analysts and Investors to be held on May …
Annual reports
Concalls
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World’s leading Diagnostic center Incorporated in the year 1996, as a single economical thyroid testing center in Mumbai and now has become the world's leading Diagnostic chain which offers a wide range of medical diagnostic tests and management of diseases and disorders. [1]