Thyrocare Technologies Ltd recommends final dividend of Rs 7.00 per share for FY26

2 min read     Updated on 12 Jun 2026, 05:34 AM
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Thyrocare Technologies Ltd has recommended a final dividend of Rs. 7.00 per equity share for FY26, payable to shareholders on the record date of June 23, 2026. The company detailed the Tax Deduction at Source (TDS) provisions, stating a 10% rate for resident shareholders with valid PAN and 20% for non-residents, with exemptions available for specific entities and forms. Shareholders must submit necessary documentation by June 26, 2026, to ensure appropriate tax deduction.

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Thyrocare Technologies Limited has recommended a final dividend of Rs. 7.00 per equity share for the financial year ended March 31, 2026. The dividend is payable to shareholders whose names appear in the Register of Members on the record date of Tuesday, June 23, 2026, subject to shareholder approval at the Annual General Meeting on June 30, 2026. This final dividend is in addition to the interim dividend of Rs. 7.00 per share declared on October 14, 2025.

Under the Income Tax Act, 2025, the company is required to deduct tax at source at applicable rates. For resident shareholders with a valid PAN, the TDS rate is 10%. However, TDS will not apply if the aggregate dividend distributed to a resident individual during the Tax Year 2026-27 does not exceed Rs. 10,000. A higher rate of 20% applies if the PAN is invalid, inoperative, or not linked with Aadhaar.

Shareholders can avail of lower or nil TDS by submitting specific forms. Residents may submit Form 121 or a certificate under Section 395(1) of the Act. Exempt entities such as insurance companies, mutual funds, and Alternative Investment Funds (AIFs) must provide self-declarations and registration certificates issued by respective regulators like IRDAI and SEBI.

For non-resident shareholders, the standard TDS rate is 20% plus applicable surcharge and cess. Those seeking benefits under Double Tax Avoidance Agreements (DTAA) must provide a Tax Residency Certificate, PAN details, and a self-declaration meeting treaty eligibility requirements. The company emphasized it is not obligated to apply beneficial DTAA rates without satisfactory documentation.

Shareholders must submit the necessary documents to determine the appropriate tax rate by 6:00 P.M. on Friday, June 26, 2026. Documents can be emailed to compliance@thyrocare.com or uploaded via the RTA MUFG Intime India Private Limited service request portal. No claims for tax adjustments will be entertained after this deadline.

TDS Rates for Resident Shareholders

Category Applicable Rate Key Requirement
With PAN 10% PAN updated with depositories or RTA
Without PAN / Invalid PAN 20% Correct PAN must be submitted to RTA
Submitting Form 121 NIL Duly verified Form 121 and PAN copy
Exempt Institutions (e.g., Mutual Funds) NIL Self-declaration and SEBI/IRDAI certificate

TDS Rates for Non-Resident Shareholders

Category Applicable Rate Key Requirement
FII / FPI 20% + surcharge + cess Self-attested SEBI registration certificate
Other Non-residents 20% + surcharge + cess PAN and residential status update
DTAA Benefit Tax Treaty Rate TRC, PAN, Form 41, and self-declaration

Historical Stock Returns for Thyrocare Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%-2.69%+7.33%+20.00%+64.59%+24.19%

How will the total dividend payout of Rs. 14 per share impact Thyrocare’s cash flow and capital allocation plans for FY2027?

What are the expectations for Thyrocare’s dividend policy in future fiscal years given the consistent payouts in 2026?

How might the new TDS regulations under the Income Tax Act, 2025, affect shareholder participation and retention rates?

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Thyrocare files BRSR for FY26 reporting zero penalties

2 min read     Updated on 05 Jun 2026, 04:28 PM
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Thyrocare Technologies Limited filed its Business Responsibility and Sustainability Report for FY26, disclosing a turnover of ₹ 774.27 Crore and a net worth of ₹ 560.68 Crore. The diagnostic sector leader reported zero fines or legal proceedings, employed 2,092 individuals, and maintained robust grievance redressal mechanisms while managing 290.80 metric tonnes of waste.

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Thyrocare Technologies Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the National Stock Exchange of India Limited and BSE Limited. The disclosure, made on June 04, 2026, details the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBCs) and its Environmental, Social, and Governance (ESG) initiatives. The report serves as a comprehensive account of the company's sustainable practices and governance framework during the fiscal year.

The report highlights that the company generated a turnover of ₹ 774.27 Crore and recorded a net worth of ₹ 560.68 Crore. Thyrocare's operations are primarily concentrated in the diagnostic and healthcare sector, which accounted for 98.66% of its total turnover. The company operates 40 plants and 1 office nationally, alongside one international subsidiary, Thyrocare Laboratories (Tanzania) Limited.

Environmental Performance

Thyrocare reported a total energy consumption of 2272.07 Giga Joules for FY26, with an energy intensity of 42.56 GJ per crore rupees of turnover. The company has implemented initiatives to reduce its carbon footprint, including the installation of solar panels at its corporate office and two laboratory facilities. Water consumption stood at 18295 kilolitres, while water discharge was recorded at 730 kilolitres.

In terms of waste management, the company generated a total of 290.80 metric tonnes of waste, comprising 46.603 metric tonnes of plastic waste and 244.198 metric tonnes of bio-medical waste. The company ensures compliance with the Bio-Medical Waste Management Rules, 2016, through authorised vendors for disposal.

Social and Governance Metrics

The company employed a total of 2,092 employees as of March 31, 2026. Women constituted 26.67% of the total workforce. Thyrocare reported zero instances of fines, penalties, or legal proceedings against the entity or its directors and Key Managerial Personnel (KMPs) during the financial year.

Metric FY 2025-26 FY 2024-25
Total Employees 2,092 1,948
Women Employees 558 501
Permanent Employees 1,906 1,822
Permanent Women Employees 464 425

The Board of Directors comprises nine members, with two women directors representing 22.22% of the Board. The company has established various policies, including the Anti-Bribery and Anti-Corruption Policy and the Whistle Blower Policy, to ensure ethical conduct and transparency.

Stakeholder Grievances

During FY26, the company received 7,389 complaints from customers, of which 17 were pending resolution at the end of the year. Employee grievances numbered 1,180, with all resolved. Shareholder grievances stood at two, with zero pending. The company maintains dedicated grievance redressal mechanisms for investors, shareholders, employees, and customers through its website and internal portals.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE594H01019/c0767bad4e8346c8.pdf

Historical Stock Returns for Thyrocare Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%-2.69%+7.33%+20.00%+64.59%+24.19%

What specific targets has Thyrocare set to further reduce its energy intensity and carbon footprint in the coming years?

How does Thyrocare plan to scale its solar panel initiatives to include more of its 40 national plants?

What strategies will the company implement to increase the percentage of women in its workforce beyond the current 26.67%?

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