Thyrocare Technologies (NSE:THYROCARE) Dividend Payout Ratio : 0.00 (As of Dec. 2024)

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What is Thyrocare Technologies Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Thyrocare Technologies's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Thyrocare Technologies Ltd is 1.13, which seems too high.

The historical rank and industry rank for Thyrocare Technologies's Dividend Payout Ratio or its related term are showing as below:

NSE:THYROCARE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.6 Max: 1.59
Current: 1.13

During the past 10 years, the highest Dividend Payout Ratio of Thyrocare Technologies was 1.59. The lowest was 0.33. And the median was 0.60.

NSE:THYROCARE's Dividend Payout Ratio is ranked worse than
89.47% of 57 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.37 vs NSE:THYROCARE: 1.13

As of today (2025-03-30), the Dividend Yield % of Thyrocare Technologies is 2.65%.

During the past 10 years, the highest Trailing Annual Dividend Yield of Thyrocare Technologies was 5.05%. The lowest was 0.34%. And the median was 1.88%.

Thyrocare Technologies's Dividends per Share for the months ended in Dec. 2024 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.30% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Thyrocare Technologies was 49.40% per year. The lowest was -15.70% per year. And the median was 32.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Thyrocare Technologies Dividend Payout Ratio Historical Data

The historical data trend for Thyrocare Technologies's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thyrocare Technologies Dividend Payout Ratio Chart

Thyrocare Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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1.59

0.50

0.51

1.32

1.41

Thyrocare Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	3.61	-

Competitive Comparison of Thyrocare Technologies's Dividend Payout Ratio

For the Diagnostics & Research subindustry, Thyrocare Technologies's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thyrocare Technologies's Dividend Payout Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thyrocare Technologies's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Thyrocare Technologies's Dividend Payout Ratio falls into.

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Thyrocare Technologies Dividend Payout Ratio Calculation

Thyrocare Technologies's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	18	/	12.738
	=	1.41

Thyrocare Technologies's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0	/	3.56
	=	0.00

Thyrocare Technologies (NSE:THYROCARE) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Thyrocare Technologies Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Thyrocare Technologies's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Thyrocare Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Thyrocare Technologies Ltd (NSE:THYROCARE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

539871:India

Address

D-37/3, TTC Industrial Area, MIDC, Turbhe, Opposite Sandoz, Navi Mumbai, MH, IND, 400703

Website

https://www.thyrocare.com

Thyrocare Technologies Ltd is a diagnostics & research company. The company has three business segments: Diagnostic Testing Services, Imaging Services, and Others. The Diagnostic Testing Services segment provides a medical diagnostic investigation into thyroid disorders, metabolism disorders, diabetes, anemia, infertility, auto-immunity, and other infectious diseases. The company majorly earns the majority of its revenue from the Diagnostic Testing Services segment. The Imaging Services segment operates a network of imaging centers focused on early and effective cancer monitoring. The Other business segment provides miscellaneous services. The company earns the vast majority of its revenue in India.

Thyrocare Technologies Headlines

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