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Sunday, December 29, 2019

Thyrocare Technologies :


  • Health Diagnostic Company
  • Offers 617 Tests & 130 Profiles to detect disorders like Thyroid, Growth, Metabolism, Autoimmunity, Diabetes, Anemia, Cardio Vascular, Infertility etc.
  • 51 Profiles - offered as package - Aarogyam Brand
  • Pre-natal and Neo-natal tests - launched in May 2019.
  • Plans to launch Molecular biology testing in Neo Natal stage
  • Pan India Network - Diverse business model
    • 6342 Authorised Service Providers - Source samples from local hospital, labs, diagnostic centers, nursing homes, clinics and doctors.
    • 578 Aggregators
    • 529 Thyrocare Service Providers
    • 5235 Online Clients 
    • Spread across 555 cities in 32 states and 2 union territories
  • Testing facilities:
    • Central Processing Lab @ Navi Mumbai - over 2 Lakh sq ft
    • Regional Processing Labs - 8  - New Delhi, Coimbatore, Hyderabad, Kolkota, Bangalore, Bhopal, Mumbai and Patna.
  • B2B Business with local clinical labs, diagnostic centers - back end partner.
  • By June 2019, Sales grew 13%, but operating margin declined 0.80%. PAT increased 17%
  • Corporate tax rate cut - BIG positive for Thyrocare.

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