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:

11513.90

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:

39052.06

49.90 (0.44%)
453.07 (1.17%)

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Nifty
Sensex

:
:

11513.90
39052.06

49.90 (0.44%)
453.07 (1.17%)

Thyrocare Technologies Ltd.

Hospital & Healthcare Services

Rating :

69/99

BSE: 539871 | NSE: THYROCARE

Watchlist

NSE BSE

501.55

17-Oct-2019

Open
High
Low
Previous Close

499.95
508.00
498.00
498.80

Volume
Traded Value (lacs)
52 Week High
52 Week Low

16164
81.08
604.70
407.15

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

2,635.18
29.54
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

2,628.08
4.01%
5.75

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

20.30
17.10
9.80

EBITDA CAGR (%)

10 Years
5 Years
3 Years

18.22
16.23
5.97

PAT CAGR (%)

10 Years
5 Years
3 Years

15.21
13.34
25.42

P:E (Median)

8 Years
5 Years
3 Years

-
-
36.96

P:BV (Average)

8 Years
5 Years
3 Years

-
-
7.77

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
22.93

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 100.50 89.19 12.68% 97.29 90.03 8.06% 88.12 77.84 13.21% 95.68 81.79 16.98%
Expenses 56.48 49.97 13.03% 63.19 54.62 15.69% 54.12 44.06 22.83% 54.86 47.83 14.70%
EBITDA 44.02 39.22 12.24% 34.10 35.41 -3.70% 34.00 33.78 0.65% 40.82 33.96 20.20%
EBIDTM 43.80% 43.97% 35.05% 39.33% 38.58% 43.40% 42.66% 41.52%
Other Income 3.35 2.98 12.42% 3.05 11.55 -73.59% 4.38 4.11 6.57% 3.25 3.15 3.17%
Interest 0.32 0.11 190.91% 0.12 0.12 0.00% 0.12 0.10 20.00% 0.12 0.09 33.33%
Depreciation 4.09 3.16 29.43% 3.95 3.32 18.98% 3.84 3.10 23.87% 3.52 2.93 20.14%
PBT 42.96 38.93 10.35% 33.08 43.53 -24.01% 34.42 34.69 -0.78% 40.43 33.95 19.09%
Tax 12.86 13.55 -5.09% 12.19 15.86 -23.14% 11.98 12.94 -7.42% 13.91 10.51 32.35%
PAT 30.10 25.38 18.60% 20.89 27.66 -24.48% 22.44 21.75 3.17% 26.52 23.44 13.14%
PATM 29.95% 28.46% 21.47% 30.73% 25.47% 27.94% 27.72% 28.66%
EPS 5.70 4.72 20.76% 3.96 5.15 -23.11% 4.25 4.05 4.94% 4.95 4.36 13.53%

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 109.73 97.15 12.95% 105.59 96.66 9.24% 96.29 83.87 14.81% 103.88 88.04 17.99%
Expenses 64.12 55.95 14.60% 71.11 59.44 19.63% 60.77 48.49 25.32% 60.85 52.34 16.26%
EBITDA 45.61 41.20 10.70% 34.48 37.21 -7.34% 35.52 35.38 0.40% 43.03 35.70 20.53%
EBIDTM 41.57% 42.41% 32.65% 38.50% 36.89% 42.18% 41.42% 40.55%
Other Income 2.36 2.26 4.42% 1.95 10.88 -82.08% 3.34 3.67 -8.99% 2.40 3.68 -34.78%
Interest 0.47 0.11 327.27% 0.20 0.15 33.33% 0.15 0.10 50.00% 0.15 0.09 66.67%
Depreciation 7.35 5.68 29.40% 6.99 5.60 24.82% 6.89 5.14 34.05% 6.61 4.94 33.81%
PBT 40.15 37.67 6.58% 29.24 42.34 -30.94% 31.82 33.81 -5.89% 38.67 34.21 13.04%
Tax 12.86 14.23 -9.63% 12.99 17.21 -24.52% 11.84 12.34 -4.05% 13.86 9.55 45.13%
PAT 27.29 23.44 16.42% 16.25 25.13 -35.34% 19.98 21.47 -6.94% 24.81 24.66 0.61%
PATM 24.87% 24.13% 15.39% 26.00% 20.75% 25.60% 23.88% 28.01%
EPS 5.20 4.36 19.27% 3.09 4.68 -33.97% 3.82 4.00 -4.50% 4.71 4.59 2.61%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Net Sales 381.59 370.28 331.79 297.53 235.13 180.08 149.98 134.26 109.08 77.86 58.34 Net Sales Growth 12.61% 11.60% 11.51% 26.54% 30.57% 20.07% 11.71% 23.08% 40.10% 33.46% Cost Of Goods Sold 110.36 105.32 90.85 77.95 66.98 55.23 42.51 35.59 29.07 23.44 18.88 Gross Profit 271.23 264.96 240.95 219.58 168.15 124.85 107.47 98.67 80.01 54.43 39.46 GP Margin 71.08% 71.56% 72.62% 73.80% 71.51% 69.33% 71.66% 73.49% 73.35% 69.91% 67.64% Total Expenditure 228.65 222.20 192.63 182.65 139.99 106.32 81.14 70.70 60.01 42.20 30.56 Power & Fuel Cost - 5.70 4.83 4.65 3.73 3.59 2.61 1.92 2.06 0.81 0.47 % Of Sales - 1.54% 1.46% 1.56% 1.59% 1.99% 1.74% 1.43% 1.89% 1.04% 0.81% Employee Cost - 40.51 32.49 30.22 24.29 16.96 12.09 9.03 7.12 5.31 3.43 % Of Sales - 10.94% 9.79% 10.16% 10.33% 9.42% 8.06% 6.73% 6.53% 6.82% 5.88% Manufacturing Exp. - 18.09 4.76 16.63 14.07 4.08 3.65 4.22 3.25 2.68 1.93 % Of Sales - 4.89% 1.43% 5.59% 5.98% 2.27% 2.43% 3.14% 2.98% 3.44% 3.31% General & Admin Exp. - 48.36 55.82 49.52 30.25 24.88 19.98 19.78 18.44 9.78 5.47 % Of Sales - 13.06% 16.82% 16.64% 12.87% 13.82% 13.32% 14.73% 16.91% 12.56% 9.38% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% Miscellaneous Exp. - 4.22 3.90 3.68 0.66 1.58 0.29 0.16 0.06 0.20 0.00 % Of Sales - 1.14% 1.18% 1.24% 0.28% 0.88% 0.19% 0.12% 0.06% 0.26% 0.63% EBITDA 152.94 148.08 139.16 114.88 95.14 73.76 68.84 63.56 49.07 35.66 27.78 EBITDA Margin 40.08% 39.99% 41.94% 38.61% 40.46% 40.96% 45.90% 47.34% 44.99% 45.80% 47.62% Other Income 14.03 13.82 23.89 11.46 5.20 7.70 6.58 17.73 5.11 3.34 6.81 Interest 0.68 0.47 0.65 0.43 0.54 0.29 0.16 0.10 0.07 0.07 0.04 Depreciation 15.40 14.47 12.08 11.69 11.35 10.71 6.36 3.31 2.09 1.31 1.42 PBT 150.89 146.96 150.33 114.21 88.46 70.46 68.89 77.87 52.01 37.63 33.14 Tax 50.94 51.63 51.93 40.08 30.00 23.58 22.74 21.05 17.07 12.80 10.00 Tax Rate 33.76% 35.13% 35.05% 46.19% 33.80% 32.64% 33.01% 27.03% 32.82% 34.02% 30.18% PAT 99.95 95.33 96.21 46.70 58.75 48.66 46.16 56.82 34.94 24.82 23.14 PAT before Minority Interest 99.95 95.33 96.21 46.70 58.75 48.66 46.16 56.82 34.94 24.82 23.14 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 26.19% 25.75% 29.00% 15.70% 24.99% 27.02% 30.78% 42.32% 32.03% 31.88% 39.66% PAT Growth 1.75% -0.91% 106.02% -20.51% 20.74% 5.42% -18.76% 62.62% 40.77% 7.26% Unadjusted EPS 18.86 17.84 17.91 8.69 11.42 9.95 10.57 13.04 8.08 5.74 21.40

Description TTM Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 415.49 402.91 356.31 304.39 240.97 182.96 Net Sales Growth 13.61% 13.08% 17.06% 26.32% 31.71% Cost Of Goods Sold 115.79 110.53 94.98 81.42 70.35 55.83 Gross Profit 299.70 292.38 261.34 222.96 170.61 127.13 GP Margin 72.13% 72.57% 73.35% 73.25% 70.80% 69.49% Total Expenditure 256.85 248.75 211.33 189.03 146.92 110.29 Power & Fuel Cost - 7.77 6.68 6.35 5.32 3.95 % Of Sales - 1.93% 1.87% 2.09% 2.21% 2.16% Employee Cost - 43.35 35.34 32.00 25.70 17.48 % Of Sales - 10.76% 9.92% 10.51% 10.67% 9.55% Manufacturing Exp. - 8.29 5.49 6.84 5.81 4.21 % Of Sales - 2.06% 1.54% 2.25% 2.41% 2.30% General & Admin Exp. - 74.33 64.63 58.42 37.60 27.22 % Of Sales - 18.45% 18.14% 19.19% 15.60% 14.88% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% Miscellaneous Exp. - 4.48 4.21 3.98 2.13 1.60 % Of Sales - 1.11% 1.18% 1.31% 0.88% 0.87% EBITDA 158.64 154.16 144.98 115.36 94.05 72.67 EBITDA Margin 38.18% 38.26% 40.69% 37.90% 39.03% 39.72% Other Income 10.05 10.13 23.25 12.29 6.54 8.11 Interest 0.97 0.61 0.78 0.46 0.55 0.30 Depreciation 27.84 26.17 20.10 18.05 18.24 12.87 PBT 139.88 137.51 147.35 109.14 81.80 67.62 Tax 51.55 52.92 51.72 38.83 30.00 23.58 Tax Rate 36.85% 38.48% 35.63% 47.52% 36.67% 34.87% PAT 88.33 84.59 93.44 42.88 51.80 45.22 PAT before Minority Interest 88.33 84.59 93.44 42.88 51.80 44.04 Minority Interest 0.00 0.00 0.00 0.00 0.00 1.18 PAT Margin 21.26% 20.99% 26.22% 14.09% 21.50% 24.72% PAT Growth -6.73% -9.47% 117.91% -17.22% 14.55% Unadjusted EPS 16.82 15.95 17.39 7.99 10.06 9.14

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Shareholder's Funds 455.78 453.88 417.98 375.38 279.19 206.26 160.11 102.48 67.53 42.12 Share Capital 52.80 53.72 53.72 53.72 50.54 10.92 10.92 10.81 10.81 10.81 Total Reserves 399.10 397.34 359.22 319.07 227.84 195.34 149.19 91.67 56.72 31.31 Non-Current Liabilities 12.63 12.74 10.36 7.33 6.71 33.06 32.46 30.90 28.77 0.00 Secured Loans 0.00 0.00 0.00 0.00 0.00 25.00 25.00 25.00 25.00 0.00 Unsecured Loans 0.00 8.01 6.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 6.49 5.14 4.34 4.33 1.98 1.54 0.98 0.89 0.65 0.00 Current Liabilities 17.82 18.34 15.78 29.19 6.50 6.41 3.97 3.44 4.52 30.05 Trade Payables 5.37 0.97 0.87 1.46 0.82 1.51 0.21 0.56 3.54 3.29 Other Current Liabilities 10.06 10.61 12.32 8.82 4.09 4.46 2.70 1.89 0.72 2.96 Short Term Borrowings 0.00 0.63 0.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 2.39 6.12 2.14 18.92 1.59 0.43 1.06 0.99 0.26 23.81 Total Liabilities 486.23 484.96 444.12 411.90 292.40 245.73 196.54 136.82 100.82 72.17 Net Block 107.04 101.69 87.88 92.58 83.05 87.33 75.01 19.63 16.40 15.02 Gross Block 144.03 124.49 99.51 131.07 109.81 87.33 75.01 19.63 16.40 21.34 Accumulated Depreciation 36.99 22.80 11.63 38.49 26.76 0.00 0.00 0.00 0.00 6.32 Non Current Assets 374.22 346.90 290.47 295.64 192.29 116.98 108.48 47.03 44.86 15.14 Capital Work in Progress 1.28 0.00 2.13 1.36 5.50 6.43 10.46 0.00 0.00 0.12 Non Current Investment 215.89 215.94 196.00 196.29 98.77 17.61 17.61 24.00 24.00 0.00 Long Term Loans & Adv. 49.76 29.03 4.29 5.42 4.99 5.61 5.39 3.39 4.46 0.00 Other Non Current Assets 0.25 0.24 0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 112.01 138.05 153.65 116.27 100.11 128.75 88.05 89.78 55.97 57.02 Current Investments 74.64 100.10 104.16 69.49 63.70 101.39 59.60 0.00 0.00 0.00 Inventories 15.56 16.47 13.76 9.89 7.05 6.29 5.25 5.10 4.00 2.49 Sundry Debtors 11.06 9.21 5.98 7.30 4.65 4.91 3.33 3.43 2.96 1.79 Cash & Bank 9.05 9.28 10.62 7.65 4.29 11.90 17.53 59.03 40.04 8.47 Other Current Assets 1.70 1.65 4.96 15.32 20.43 4.25 2.34 22.22 8.97 44.28 Short Term Loans & Adv. 0.65 1.35 14.17 6.62 6.32 3.97 1.61 21.84 7.86 44.28 Net Current Assets 94.19 119.72 137.87 87.07 93.61 122.34 84.08 86.35 51.44 26.97 Total Assets 486.23 484.95 444.12 411.91 292.40 245.73 196.53 136.81 100.83 72.17

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 435.12 443.29 407.81 365.61 276.37 Share Capital 52.79 53.72 53.69 53.72 50.54 Total Reserves 378.44 386.75 349.08 309.29 225.02 Non-Current Liabilities 13.87 10.18 8.61 10.10 8.67 Secured Loans 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 2.50 10.08 7.25 0.00 0.00 Long Term Provisions 6.72 5.33 5.15 6.82 3.16 Current Liabilities 20.59 20.29 17.62 31.41 7.30 Trade Payables 7.51 1.16 1.30 2.02 0.84 Other Current Liabilities 10.60 12.38 14.13 10.40 4.82 Short Term Borrowings 0.00 0.55 0.00 0.00 0.00 Short Term Provisions 2.48 6.20 2.19 18.98 1.65 Total Liabilities 469.58 473.76 434.04 407.12 328.35 Net Block 294.30 298.74 258.67 259.10 196.01 Gross Block 355.40 336.04 276.72 318.18 237.06 Accumulated Depreciation 61.10 37.30 18.05 59.07 41.05 Non Current Assets 333.56 331.36 284.51 272.71 217.68 Capital Work in Progress 1.47 0.00 17.45 1.39 5.55 Non Current Investment 20.66 20.00 0.00 1.61 1.61 Long Term Loans & Adv. 16.89 12.38 8.23 10.60 14.50 Other Non Current Assets 0.24 0.23 0.16 0.00 0.00 Current Assets 136.02 142.39 149.53 134.40 110.67 Current Investments 74.64 100.10 104.16 91.63 84.30 Inventories 18.08 17.05 14.50 10.72 7.37 Sundry Debtors 12.16 9.84 6.28 7.50 4.91 Cash & Bank 9.60 11.86 11.79 10.29 5.08 Other Current Assets 21.54 1.68 5.24 7.41 9.01 Short Term Loans & Adv. 1.66 1.88 7.56 6.85 6.61 Net Current Assets 115.43 122.11 131.91 103.00 103.37 Total Assets 469.58 473.75 434.04 407.11 328.35

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Cash From Operating Activity 96.50 111.52 89.28 66.88 36.23 46.24 45.92 36.56 30.78 32.26 PBT 146.86 147.96 86.74 88.76 72.23 68.89 77.87 52.01 37.63 33.14 Adjustment 8.92 0.37 37.76 10.14 2.96 1.89 -13.68 -2.30 -1.26 -4.66 Changes in Working Capital 2.19 11.17 4.84 -0.87 -16.14 -1.42 4.59 3.67 8.08 14.73 Cash after chg. in Working capital 157.97 159.50 129.34 98.03 59.05 69.37 68.79 53.38 44.45 43.21 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -61.47 -47.99 -40.06 -31.15 -22.82 -23.13 -22.86 -16.82 -13.68 -10.95 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -3.24 -48.26 -39.66 -18.61 -20.52 -51.91 -88.27 -17.97 -23.92 10.83 Net Fixed Assets -20.82 -22.85 30.79 -17.12 -21.55 -8.29 -65.84 -3.23 5.06 3.67 Net Investments 25.51 -15.88 -34.38 -103.31 -43.47 -41.79 -53.21 0.00 -24.00 1.68 Others -7.93 -9.53 -36.07 101.82 44.50 -1.83 30.78 -14.74 -4.98 5.48 Cash from Financing Activity -96.14 -64.73 -48.50 -44.96 -22.84 0.00 0.81 0.00 25.00 -38.28 Net Cash Inflow / Outflow -2.88 -1.47 1.11 3.31 -7.13 -5.67 -41.54 18.59 31.86 4.81 Opening Cash & Equivalents 7.24 8.71 7.60 4.29 11.42 17.09 58.63 40.04 8.18 3.65 Closing Cash & Equivalent 4.36 7.24 8.71 7.60 4.29 11.42 17.09 58.63 40.04 8.47

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Cash From Operating Activity 100.31 107.03 89.57 67.80 34.46 PBT 138.06 144.99 81.67 81.80 67.62 Adjustment 23.44 8.68 42.79 17.06 6.50 Changes in Working Capital -0.58 2.28 5.57 0.87 -16.86 Cash after chg. in Working capital 160.92 155.95 130.03 99.72 57.25 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -60.61 -48.92 -40.46 -31.92 -22.79 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -11.59 -43.22 -41.52 -17.68 -17.96 Net Fixed Assets -20.82 -22.85 30.79 -17.12 Net Investments 25.51 -15.88 -34.38 -103.31 Others -16.28 -4.49 -37.93 102.75 Cash from Financing Activity -93.63 -63.88 -48.52 -44.96 -22.84 Net Cash Inflow / Outflow -4.91 -0.06 -0.46 5.17 -6.34 Opening Cash & Equivalents 9.82 9.88 10.35 5.08 11.42 Closing Cash & Equivalent 4.91 9.82 9.88 10.24 5.08

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Book Value (Rs.) 85.59 83.96 76.86 69.39 55.08 47.23 36.66 23.70 15.62 9.74 ROA 19.63% 20.71% 10.91% 16.68% 18.08% 20.87% 34.09% 29.41% 28.70% 30.76% ROE 21.11% 22.27% 11.89% 18.05% 20.08% 25.20% 43.28% 41.11% 45.28% 46.64% ROCE 32.41% 33.55% 21.81% 27.28% 28.42% 33.17% 49.89% 47.35% 55.99% 66.88% Fixed Asset Turnover 2.76 2.96 2.58 1.95 1.83 1.85 2.84 6.05 4.13 2.51 Receivable days 9.99 8.36 8.14 9.27 9.68 10.03 9.20 10.69 11.13 10.11 Inventory Days 15.79 16.63 14.51 13.15 13.52 14.04 14.06 15.22 15.21 18.46 Payable days 10.94 2.32 2.99 3.46 4.69 4.66 2.56 17.28 36.54 49.47 Cash Conversion Cycle 14.83 22.67 19.66 18.96 18.51 19.41 20.69 8.64 -10.20 -20.91 Total Debt/Equity 0.00 0.02 0.02 0.00 0.00 0.12 0.16 0.24 0.37 0.00 Interest Cover 313.68 230.66 201.87 166.59 249.23 431.59 803.82 723.40 571.11 768.74

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 81.69 81.99 75.02 67.57 54.53 ROA 17.93% 20.59% 10.20% 14.09% 13.41% ROE 19.41% 22.16% 11.20% 16.22% 15.98% ROCE 31.36% 33.59% 21.05% 25.66% 24.57% Fixed Asset Turnover 1.17 1.16 1.02 0.87 0.77 Receivable days 9.97 8.25 8.26 9.40 9.80 Inventory Days 15.91 16.16 15.12 13.70 14.70 Payable days 13.10 2.76 4.17 4.18 3.23 Cash Conversion Cycle 12.78 21.65 19.21 18.92 21.27 Total Debt/Equity 0.01 0.02 0.02 0.00 0.00 Interest Cover 226.43 186.15 177.48 149.46 226.39

Top Investors:

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Annual Reports:

News Update:

Thyrocare Technologies to consider report of valuation of wholly owned subsidiary
20th Sep 2019, 11:20 AM

The meeting of the Board of Directors of the company will be held on September 21, 2019, to consider the same
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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