Thyrocare Technologies Limited
THYROCARE
Rank in Stocks
#9593
Thyrocare Technologies Limited, an Indian enterprise, delivers a comprehensive... Thyrocare Technologies Limited, an Indian enterprise, delivers a comprehensive array of diagnostic testing solutions to individual patients, medical laboratories, and healthcare providers throughout the nation. Its operations are structured across three main segments: Diagnostic Testing Services, Imaging Services, and other miscellaneous endeavors. The company's primary focus involves conducting numerous medical diagnostic analyses and specialized test panels aimed at the timely detection and effective management of various health conditions. These include, among others, disorders related to the thyroid, growth, metabolism, autoimmune responses, diabetes, anemia, cardiovascular health, infertility, COVID-19, and a broad spectrum of infectious diseases. Under its "Aarogyam" brand, Thyrocare offers 34 distinct profiles of tests, providing patients with extensive wellness and preventative health check-ups. Furthermore, the company sells "Sugarscan" branded glucometers and glucostrips, along with various consumable products and radiopharmaceuticals. Founded in 1996, Thyrocare Technologies Limited is headquartered in Navi Mumbai, India, and functions as a subsidiary of Docon Technologies Private Limited.
Share Price
$5.17
Last synced: 2026-11-09
Market Cap
$822.19M
Change (1 day)
-1.05%
Change (1 year)
-1.06%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Thyrocare Technologies Limited (THYROCARE)
Category
Healthcare
Operating Margin for Thyrocare Technologies Limited (THYROCARE)
Operating Margin as of November 2026 TTM: 25.56%
According to Thyrocare Technologies Limited's latest financial reports, its current operating margin (TTM) is 25.56%. At the end of 2025 the company had an operating margin of 19.66%.
Operating Margin history for Thyrocare Technologies Limited from 2011 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 25.56% | 30.01% |
| 2025 | 19.66% | 17.30% |
| 2024 | 16.76% | 2.01% |
| 2023 | 16.43% | -51.87% |
| 2022 | 34.14% | 19.66% |
| 2021 | 28.53% | -12.75% |
| 2020 | 32.70% | 2.06% |
| 2019 | 32.04% | -9.67% |
| 2018 | 35.47% | 7.94% |
| 2017 | 32.86% | 1.64% |
| 2016 | 32.33% | -2.12% |
| 2015 | 33.03% | -20.70% |
| 2014 | 41.65% | -7.03% |
| 2013 | 44.80% | 7.25% |
| 2012 | 41.77% | -2.84% |
| 2011 | 42.99% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 17.98% | -99.30% |
US
|
|
| 20.38% | -99.20% |
US
|
|
| 43.02% | -98.32% |
CN
|
|
| 32.03% | -98.75% |
US
|
|
| 22.23% | -99.13% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Thyrocare Technologies Limited's operating margin
What is Thyrocare Technologies Limited's operating margin?
Thyrocare Technologies Limited's operating margin is 25.56%, as of Nov 2026.
What was Thyrocare Technologies Limited's operating margin in 2025?
In 2025, Thyrocare Technologies Limited's operating margin was 19.66%, compared with 16.76% in 2024.
How has Thyrocare Technologies Limited's operating margin changed since 2020?
From 2020 to 2025, Thyrocare Technologies Limited's operating margin was highest in 2022 (34.14%) and lowest in 2023 (16.43%).
How does Thyrocare Technologies Limited's operating margin compare with similar companies?
Thyrocare Technologies Limited's operating margin (25.56%) is higher than that of 3 of the 5 similar companies listed above. The highest among them is WuXi AppTec Co., Ltd., with 43.02%.