Thyrocare Technologies (NSE:THYROCARE) Pretax Margin %: 28.77% (As of Mar. 2026) — Near Median


NSE:THYROCARE Thyrocare Technologies Ltd NSE:THYROCARE
87 GF Score
Price ₹515.70
GF Value ₹395.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Thyrocare Technologies Pretax Margin %?

Thyrocare Technologies NSE:THYROCARE -3.71% 87 Pretax Margin % is 28.77% as of Mar. 2026, which is 2% below its 10-year median of 29.42. GuruFocus rates NSE:THYROCARE with a GF Score™ of 87/100 and a GF Value™ of ₹395.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 203 Medical Diagnostics & Research companies, Thyrocare Technologies ranks better than 94.58% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thyrocare Technologies's Pre-Tax Income for the three months ended in Mar. 2026 was ₹644 Mil. Thyrocare Technologies's Revenue for the three months ended in Mar. 2026 was ₹2,240 Mil. Therefore, Thyrocare Technologies's pretax margin for the quarter that ended in Mar. 2026 was 28.77%.

The historical rank and industry rank for Thyrocare Technologies's Pretax Margin % or its related term are showing as below:

NSE:THYROCARE' s Pretax Margin % Range Over the Past 10 Years
Min: 16.9   Med: 29.42   Max: 41.37
Current: 25.68


NSE:THYROCARE's Pretax Margin % is ranked better than
94.58% of 203 companies
in the Medical Diagnostics & Research industry
Industry Median: -3.56 vs NSE:THYROCARE: 25.68

Thyrocare Technologies  (NSE:THYROCARE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Thyrocare Technologies Pretax Margin % Related Terms


Thyrocare Technologies Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Thyrocare Technologies's Pretax Margin % 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.

Thyrocare Technologies Pretax Margin % Chart

Thyrocare Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.16 17.13 16.90 21.37 25.90

Thyrocare Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.21 26.15 28.90 18.10 28.77

NSE:THYROCARE vs TMO, DHR, IDXX: Pretax Margin % Comparison

For the Diagnostics & Research subindustry, Thyrocare Technologies's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thyrocare Technologies's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Thyrocare Technologies's Pretax Margin % falls into.


NSE:THYROCARE
87GF Score
Thyrocare Technologies Ltd NSE:THYROCARE
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thyrocare Technologies Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Thyrocare Technologies's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=2128.8/8218.9
=25.90 %

Thyrocare Technologies's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=644.3/2239.5
=28.77 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 28.77% mean?
Thyrocare Technologies (NSE:THYROCARE) has a Pretax Margin % of 28.77% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Thyrocare Technologies and its competitors. This is near median its historical median of 29.42. Over the past decade, Thyrocare Technologies' Pretax Margin % has ranged from 16.90 to 41.37. According to the industry distribution chart, Thyrocare Technologies ranks #11 out of 203 companies in the Medical Diagnostics & Research industry, placing it in the top 5.4%.
Is Thyrocare Technologies' Pretax Margin % too high?
Thyrocare Technologies' current Pretax Margin % of 28.77% is near median its 10-year median of 29.42. Over the past 10 years, this metric has ranged from a low of 16.90 to a high of 41.37. Based on the distribution chart, Thyrocare Technologies ranks #11 out of 203 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, Thyrocare Technologies has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thyrocare Technologies' Pretax Margin % compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Thyrocare Technologies ranks #11 out of 203 companies for Pretax Margin %. This places Thyrocare Technologies in the top 5% of its industry — outperforming the majority of peers. Historically, Thyrocare Technologies' own Pretax Margin % has ranged from 16.90 to 41.37 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Medical Diagnostics & Research company?
A good Pretax Margin % depends on the Medical Diagnostics & Research industry context. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Thyrocare Technologies and its competitors. Thyrocare Technologies's current Pretax Margin % is 28.77%, which is near median its own 10-year median of 29.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thyrocare Technologies stock overvalued right now?
Based on GuruFocus' analysis, Thyrocare Technologies (NSE:THYROCARE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹395.01, compared to a current price of ₹515.70 — trading 30.6% above its estimated fair value. The current Pretax Margin % is 28.77%, which is near median its 10-year median of 29.42. Thyrocare Technologies' overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Thyrocare Technologies (NSE:THYROCARE), the current Pretax Margin % is 28.77% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thyrocare Technologies (NSE:THYROCARE) Overvalued in 2026?

Based on GuruFocus' analysis, Thyrocare Technologies stock appears to be overvalued. The current stock price of ₹515.70 is trading 30.6% above its estimated GF Value™ of ₹395.01. GuruFocus considers Thyrocare Technologies to be Significantly Overvalued.

Key valuation signals for NSE:THYROCARE:

  • Pretax Margin %: 28.77% (near median its 10-year median of 29.42)
  • GF Value™: ₹395.01 vs. price of ₹515.70 (30.6% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the NSE:THYROCARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thyrocare Technologies Business Description

Other Exchanges 539871:India
Address D-37/3, TTC Industrial Area, MIDC, Turbhe, Opposite Sandoz, Navi Mumbai, MH, IND, 400703
Thyrocare Technologies Ltd is a diagnostics & research company. The company has three business segments: Diagnostic Testing Services, Imaging Services, and Others: Sale of testing equipment and consumables. The Diagnostic Testing Services segment provides Diagnostic and testing services, selling of consumables used for the collection and promotion of the pathology segment. The company majorly earns the majority of its revenue from the Diagnostic Testing Services segment. The Imaging Services segment operates Diagnostic and imaging services, selling of radio-pharmaceuticals, and selling of consumables for reporting. The Other business segment is engaged in the selling of glucometers and glucostrips under the brand name Sugarscan. The company earns the vast majority of its revenue in India.
87GF Score

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Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹515.70
Price
₹395.01
GF Value