Thyrocare Technologies Limited — Quarter and year ended 31 March 2026
| Particulars | Quarter ended 31 March 2026 (Audited) | Quarter ended 31 December 2025 (Reviewed) | Quarter ended 31 March 2025 (Audited) | Year ended 31 March 2026 (Audited) | Year ended 31 March 2025 (Audited) |
|---|---|---|---|---|---|
| 1 Revenue from operations | 210.67 | 182.48 | 173.87 | 774.27 | 633.10 |
| Other Income | 3.72 | 3.43 | 4.54 | 13.39 | 13.34 |
| Total income | 214.39 | 185.91 | 178.41 | 787.66 | 646.44 |
| (a) Cost of materials consumed | 54.27 | 44.61 | 46.19 | 208.37 | 177.28 |
| (b) Purchase of stock-in-trade | 0.77 | 0.04 | 0.46 | 1.09 | 2.00 |
| (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (0.51) | 0.09 | 0.30 | (0.23) | 0.81 |
| (d) Employee benefits expense | 33.44 | 32.78 | 31.33 | 128.29 | 118.56 |
| (e) Finance cost | 1.43 | (0.47) | 0.60 | 2.18 | 2.63 |
| (f) Depreciation and amortisation expense | 12.94 | 19.58 | 11.78 | 51.17 | 46.52 |
| (g) Other expenses | 50.07 | 46.69 | 39.95 | 180.42 | 147.43 |
| 2 Total Expenses | 152.41 | 143.32 | 130.61 | 571.29 | 495.23 |
| 3 Profit before exceptional items and tax (1 – 2) | 61.98 | 42.59 | 47.80 | 216.37 | 151.21 |
| Exceptional Items | – | 5.97 | – | 5.97 | – |
| 4 Profit after exceptional items and before tax | 61.98 | 36.62 | 47.80 | 210.40 | 151.21 |
| (a) Current tax expense (including adjustment of earlier years) | (16.05) | (9.95) | (14.43) | (57.29) | (47.77) |
| (b) Deferred tax credit/(charge) (refer to note 4 below) | (2.35) | (0.52) | (11.42) | (4.30) | (7.66) |
| 6 Profit for the period/year (4 – 5) | 43.58 | 26.15 | 21.95 | 148.81 | 95.78 |
| (a) Items that will not be reclassified to profit or loss | 0.64 | (0.16) | (0.31) | 0.29 | (0.97) |
| (b) Income tax relating to items that will not be reclassified to profit or loss | (0.16) | 0.04 | 0.08 | (0.07) | 0.24 |
| 8 Total comprehensive income for the period/year comprising of profit and other comprehensive income for the period/year (6 + 7) | 44.06 | 26.03 | 21.72 | 149.03 | 95.05 |
| Paid-up equity share capital (Face Value of Rs. 10/- each) | 159.17 | 159.16 | 52.99 | 159.17 | 52.99 |
| Other equity | – | – | – | 401.51 | 484.11 |
| (a) Basic (in Rs.) | 2.75 | 1.64 | 1.36 | 9.36 | 5.98 |
| (b) Diluted (in Rs.) | 2.75 | 1.63 | 1.35 | 9.34 | 5.96 |
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| A. ASSETS | ||
| i Non-current assets | ||
| (a) Property, plant and equipment | 113.56 | 113.66 |
| (b) Capital-work-in progress | 3.07 | 14.17 |
| (c) Investment property | 0.92 | 0.96 |
| (d) Goodwill | 4.18 | 4.18 |
| (e) Other intangible assets | 3.35 | 4.54 |
| (f) Right-of-use assets | 58.40 | 34.21 |
| (g) Investment in associate and jointly controlled entity | 20.00 | 23.12 |
| Investments | 167.04 | 156.71 |
| Other financial assets | 5.60 | 6.63 |
| (i) Deferred tax assets (net) | 12.71 | 17.08 |
| (j) Other tax assets | 4.15 | 1.10 |
| (k) Other non-current assets | 2.42 | 1.43 |
| Total Non-current Assets | 395.40 | 377.79 |
| ii Current assets | ||
| (a) Inventories | 46.56 | 45.70 |
| Investments | 106.83 | 103.97 |
| Trade receivables | 69.53 | 68.94 |
| Cash and cash equivalents | 32.88 | 15.18 |
| Bank balances other than cash and cash equivalents | 29.75 | 36.80 |
| Other financial assets | 1.21 | 1.04 |
| (c) Other current assets | 29.05 | 26.93 |
| Total Current Assets | 315.81 | 298.56 |
| TOTAL ASSETS | 711.21 | 676.35 |
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| B. EQUITY | ||
| i Equity share capital | 159.17 | 52.99 |
| ii Other equity | 401.51 | 484.11 |
| Total Equity | 560.68 | 537.10 |
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| C. LIABILITIES | ||
| i Non-current liabilities | ||
| (a) Financial liabilities | ||
| Lease liabilities | 38.32 | 16.70 |
| (b) Provisions | 11.79 | 5.00 |
| (c) Other financial liabilities | 5.00 | 6.59 |
| Total Non-current liabilities | 55.11 | 28.29 |
| Current liabilities | ||
| (a) Financial liabilities | ||
| Short-term borrowings | – | – |
| Lease liabilities | 9.86 | 6.51 |
| Trade payables | ||
| Total outstanding dues to micro and small enterprises | 5.76 | 2.56 |
| Total outstanding dues to creditors other than micro and small enterprises | 49.37 | 67.04 |
| Other financial liabilities | 12.77 | 14.32 |
| (b) Contract Liabilities | 10.60 | 13.56 |
| (c) Current tax liabilities (net) | 2.38 | 2.38 |
| (d) Provisions | 1.25 | 0.98 |
| (e) Other current liabilities | 3.43 | 3.61 |
| Total Current Liabilities | 95.42 | 110.96 |
| TOTAL EQUITY AND LIABILITIES | 711.21 | 676.35 |
| Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|
| A. Cash flows from operating activities | ||
| Net profit before exceptional items and income tax | 210.40 | 151.21 |
| Depreciation and amortisation | 51.17 | 46.52 |
| Net (gain) on investments | (0.30) | (0.72) |
| (Profit)/Loss on sale of property, plant and equipment | (3.10) | (0.01) |
| Impairment loss allowance on financial assets | (2.15) | 1.07 |
| Employee stock compensation expense | 22.56 | 23.48 |
| Finance costs | 2.15 | 2.65 |
| Interest income | (3.06) | (1.38) |
| Profit on sale of short term investment | (5.14) | – |
| Total of Profit & Loss adjustment | 62.13 | 71.61 |
| Operating profit before working capital changes | 272.53 | 222.82 |
| (Increase) in Inventories | (0.86) | (0.00)* |
| Decrease / (Increase) in Trade receivables | 1.57 | (29.81) |
| Decrease/(Increase) in Other assets | 4.77 | (5.44) |
| (Decrease)/Increase in Trade payables | (14.75) | 33.65 |
| (Decrease)/Increase in Other liabilities | (2.67) | 5.44 |
| Increase in Provisions | 5.77 | 0.98 |
| Net Working Capital Movement | (6.17) | 4.82 |
| Cash generated from operations | 266.36 | 227.64 |
| Tax paid (net of refunds) | (60.29) | (49.00) |
| Net cash flows generated from operating activities (A) | 206.07 | 178.64 |
| B. | ||
| Purchase of property, plant and equipment, additions to capital work-in-progress and capital advances | (18.93) | (34.83) |
| Proceeds from sale of property, plant and equipment | 4.06 | 0.01 |
| Sale/(Purchase) of current investments (net) | 2.87 | 12.01 |
| Consideration paid on acquisition of Polo & Vimta Business | – | (11.26) |
| Investment in associate and jointly controlled entity | (7.22) | (3.63) |
| (Investment in)/proceeds from maturity of term deposits | (4.76) | (6.27) |
| Interest received | 3.06 | 1.39 |
| Net cash (used in) investing activities (B) | (20.92) | (42.58) |
| Cash flows from financing activities | ||
| Proceeds from issue of equity shares | – | 0.04 |
| Repayment of borrowings | – | (19.76) |
| Payment towards principal portion of lease liabilities | (16.87) | (6.76) |
| Payment towards interest portion of lease liabilities | (2.15) | (2.22) |
| Interest Paid | – | (0.43) |
| Dividend paid to the shareholders | (148.43) | (95.31) |
| Net cash (used in) financing activities (C) | (167.45) | (124.44) |
| Net Increase in Cash and cash equivalents (A+B+C) | 17.70 | 11.62 |
| Cash and cash equivalents at the beginning of the year | 15.18 | 3.56 |
| Cash and cash equivalents at the end of the year | 32.88 | 15.18 |
| Particulars | Quarter ended 31 March 2026 (Audited) | 31 December 2025 (Reviewed) | 31 March 2025 (Audited) | Year ended 31 March 2026 (Audited) | Year ended 31 March 2025 (Audited) |
|---|---|---|---|---|---|
| 1 Revenue from operations | 223.95 | 195.53 | 187.16 | 829.04 | 687.35 |
| Other Income | 4.31 | 4.98 | 4.59 | 16.99 | 14.83 |
| Total income | 228.26 | 200.51 | 191.75 | 846.03 | 702.18 |
| (a) Cost of materials consumed | 56.42 | 47.07 | 48.71 | 218.71 | 188.27 |
| (b) Purchase of stock-in-trade | 0.77 | 0.04 | 0.46 | 1.09 | 2.00 |
| (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade | (0.51) | 0.09 | 0.30 | (0.23) | 0.81 |
| (d) Employee benefits expense | 36.07 | 35.76 | 33.47 | 138.06 | 126.77 |
| (e) Finance cost | 1.52 | (0.09) | 0.70 | 2.80 | 3.05 |
| (f) Depreciation and amortisation expense | 14.03 | 21.63 | 13.77 | 58.58 | 55.26 |
| (g) Other expenses | 56.11 | 54.74 | 46.52 | 209.37 | 179.14 |
| 2 Total Expenses | 164.41 | 159.24 | 143.93 | 628.38 | 555.30 |
| 3 Profit before exceptional items, share of profit/(loss) of associate and jointly controlled entity and income tax | 63.85 | 41.27 | 47.82 | 217.65 | 146.88 |
| Exceptional Items | – | 6.16 | – | 6.16 | – |
| 4 Profit before share of profit/(loss) of associate and jointly controlled entity and income tax | 63.85 | 35.11 | 47.82 | 211.49 | 146.88 |
| Share of profit/(loss) of associate and jointly controlled entity | 0.58 | 0.28 | (0.63) | 1.39 | (1.44) |
| 5 Profit before tax | 64.43 | 35.39 | 47.19 | 212.88 | 145.44 |
| (a) Current tax expense (including adjustment of earlier years) | (16.05) | (9.95) | (14.34) | (57.29) | (47.82) |
| (b) Deferred tax credit/(charge) | 0.32 | 2.61 | (11.28) | 7.26 | (6.87) |
| 7 Profit for the period/year (5 – 6) | 48.70 | 28.05 | 21.57 | 162.85 | 90.75 |
| (a) Items that will not be reclassified to profit or loss | 0.88 | (0.19) | (0.31) | 0.50 | (1.03) |
| (b) Income tax relating to items that will not be reclassified to profit or loss | (0.22) | 0.05 | 0.08 | (0.12) | 0.26 |
| 9 Total Comprehensive income for the period/year comprising Profit and other comprehensive income for the period / year (7 + 8) | 49.36 | 27.91 | 21.34 | 163.23 | 89.98 |
| (a) Owners of the company | 47.12 | 29.01 | 21.70 | 163.05 | 91.51 |
| (b) Non-controlling interest | 1.59 | (0.96) | (0.13) | (0.19) | (0.76) |
| 12 Earnings Per Share (of Rs. 10/- each):# | |||||
| (a) Basic (in Rs.) | 2.99 | 1.82 | 1.39 | 10.27 | 5.70 |
| (b) Diluted (in Rs.) | 2.98 | 1.81 | 1.38 | 10.24 | 5. |