Switching Technologies Gunther Ltd
Incorporated in 1988, Switching Technologies Gunther Ltd is in the business of manufacturing and trading of Switching Products in SEZ.[1]
- Market Cap ₹ 18.6 Cr.
- Current Price ₹ 76.1
- High / Low ₹ 93.0 / 40.0
- Stock P/E
- Book Value ₹ -74.9
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -23.6%
- The company has delivered a poor sales growth of -9.97% over past five years.
- Promoter holding is low: 37.6%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16.13 | 18.58 | 14.76 | 15.63 | 14.79 | 18.35 | 13.05 | 10.90 | 10.61 | 11.52 | 8.68 | 7.72 | 8.03 | |
| 15.33 | 17.93 | 15.67 | 16.25 | 15.55 | 18.01 | 14.69 | 14.93 | 17.63 | 21.64 | 17.90 | 14.34 | 14.88 | |
| Operating Profit | 0.80 | 0.65 | -0.91 | -0.62 | -0.76 | 0.34 | -1.64 | -4.03 | -7.02 | -10.12 | -9.22 | -6.62 | -6.85 |
| OPM % | 4.96% | 3.50% | -6.17% | -3.97% | -5.14% | 1.85% | -12.57% | -36.97% | -66.16% | -87.85% | -106.22% | -85.75% | -85.31% |
| 0.38 | 0.40 | 0.12 | 0.30 | 0.83 | 0.32 | 0.21 | 0.09 | 0.45 | 21.53 | 6.13 | 0.01 | 0.01 | |
| Interest | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 |
| Depreciation | 0.13 | 0.29 | 0.16 | 0.15 | 0.14 | 0.14 | 0.13 | 0.10 | 0.09 | 0.06 | 0.08 | 0.07 | 0.07 |
| Profit before tax | 1.04 | 0.75 | -0.96 | -0.49 | -0.08 | 0.51 | -1.57 | -4.04 | -6.66 | 11.34 | -3.19 | -6.69 | -6.91 |
| Tax % | 25.00% | 33.33% | 0.00% | 0.00% | 0.00% | 5.88% | 0.00% | 0.00% | -0.75% | 0.00% | 0.00% | 0.00% | |
| 0.78 | 0.50 | -0.96 | -0.50 | -0.08 | 0.48 | -1.57 | -4.03 | -6.61 | 11.34 | -3.19 | -6.69 | -6.91 | |
| EPS in Rs | 3.18 | 2.04 | -3.92 | -2.04 | -0.33 | 1.96 | -6.41 | -16.45 | -26.98 | 46.29 | -13.02 | -27.31 | -28.20 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -10% |
| 3 Years: | -10% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 0% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 20% |
| 3 Years: | 38% |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 | 2.45 |
| Reserves | -0.97 | -0.47 | -1.44 | -1.93 | -2.01 | -1.54 | -3.11 | -7.14 | -13.75 | -4.78 | -8.12 | -15.26 | -18.69 |
| 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 5.27 | 4.52 | 6.18 | 6.41 | 8.44 | 7.25 | 8.40 | 15.79 | 22.64 | 12.77 | 14.47 | 21.63 | 26.50 | |
| Total Liabilities | 7.73 | 7.48 | 8.17 | 7.91 | 9.86 | 9.14 | 8.72 | 11.10 | 11.34 | 10.44 | 8.80 | 8.82 | 10.26 |
| 1.00 | 0.89 | 0.90 | 0.82 | 0.73 | 0.61 | 0.51 | 0.42 | 0.36 | 0.33 | 0.38 | 0.35 | 0.35 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.73 | 6.59 | 7.27 | 7.09 | 9.13 | 8.53 | 8.21 | 10.68 | 10.98 | 10.11 | 8.42 | 8.47 | 9.91 | |
| Total Assets | 7.73 | 7.48 | 8.17 | 7.91 | 9.86 | 9.14 | 8.72 | 11.10 | 11.34 | 10.44 | 8.80 | 8.82 | 10.26 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.70 | -0.43 | 0.97 | -0.12 | -0.21 | -0.29 | -0.51 | -0.01 | 0.10 | 0.01 | 0.09 | 0.21 | |
| -0.13 | -0.18 | -0.15 | -0.04 | -0.02 | 0.01 | -0.01 | 0.00 | -0.03 | -0.04 | -0.14 | -0.09 | |
| -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | 0.56 | -0.61 | 0.82 | -0.15 | -0.23 | -0.28 | -0.53 | 0.00 | 0.07 | -0.02 | -0.05 | 0.11 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8.15 | 6.68 | 21.76 | 12.84 | 44.42 | 18.30 | 29.37 | 98.78 | 137.26 | 159.05 | 190.91 | 145.15 |
| Inventory Days | 210.23 | 198.46 | 212.47 | 222.87 | 311.14 | 261.18 | 386.40 | 349.45 | 208.22 | 131.09 | 149.03 | 321.63 |
| Days Payable | 110.08 | 84.54 | 152.98 | 166.68 | 309.05 | 185.97 | 347.76 | 608.50 | 643.10 | 193.55 | 275.76 | 577.86 |
| Cash Conversion Cycle | 108.29 | 120.61 | 81.25 | 69.03 | 46.51 | 93.51 | 68.01 | -160.26 | -297.61 | 96.60 | 64.19 | -111.09 |
| Working Capital Days | 10.64 | 33.20 | -2.47 | -8.64 | -2.96 | 15.91 | -4.20 | -89.74 | -304.11 | 65.27 | -34.06 | -350.34 |
| ROCE % | 50.60% | 28.04% | -38.38% | -26.93% | -4.79% | 31.42% | -141.18% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ball Switch Sales Volume Nos. |
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| Proximity Sensors Sales Volume Nos. |
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| Reed Switches Sales Volume Nos. |
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| Number of Permanent Employees Nos. |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Mar - Newspaper Publication of EGM Notice and e-Voting details
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Intimation Of EGM And E-Voting Details
6 Mar - EGM on 31 Mar 2026 to amend MoA main object to add food processing; e‑voting 27–30 Mar.
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Results-Delay in Financial Results
23 Feb - Audited FY25 standalone loss Rs 668.97L; accumulated losses Rs 1,526.19L; going concern uncertainty.
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Publication In Newspapers Of The Unaudited Standalone Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025
16 Feb - Unaudited Q3 loss Rs211.05L; accumulated losses Rs2,079.63L; SPA signed Jan24 to buy 37.6327% for ₹2.766Cr; object clause changed.
- Results-Unaudited Standalone Financial Results For The Quarter And Nine Months Ended 31St December,2025 13 Feb
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
STGL is into the manufacturing and sale
of Electronic components Reed Switches, Proximity Sensors, Ball Switches, etc. In this regard the specialist machineries like automatic sealing machines called as Badalex and semi-automatic Sealing machines, Bihler Press, automatic and manual Plating line besides ancillary equipments are used in various process departments.