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 ₹ 33.7 Cr.
- Current Price ₹ 138
- High / Low ₹ 172 / 47.2
- Stock P/E
- Book Value ₹ -24.0
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.42% over past five years.
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18.58 | 14.76 | 15.63 | 14.79 | 18.35 | 13.05 | 10.90 | 10.61 | 11.52 | 8.68 | 7.72 | 8.25 | 7.17 | |
| 17.93 | 15.67 | 16.25 | 15.55 | 18.01 | 14.69 | 14.93 | 17.63 | 21.64 | 17.90 | 14.34 | 17.75 | 16.72 | |
| Operating Profit | 0.65 | -0.91 | -0.62 | -0.76 | 0.34 | -1.64 | -4.03 | -7.02 | -10.12 | -9.22 | -6.62 | -9.50 | -9.55 |
| OPM % | 3.50% | -6.17% | -3.97% | -5.14% | 1.85% | -12.57% | -36.97% | -66.16% | -87.85% | -106.22% | -85.75% | -115.15% | -133.19% |
| 0.40 | 0.12 | 0.30 | 0.83 | 0.32 | 0.21 | 0.09 | 0.45 | 21.53 | 6.13 | 0.01 | 16.12 | 16.15 | |
| Interest | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.29 | 0.16 | 0.15 | 0.14 | 0.14 | 0.13 | 0.10 | 0.09 | 0.06 | 0.08 | 0.07 | 0.07 | 0.08 |
| Profit before tax | 0.75 | -0.96 | -0.49 | -0.08 | 0.51 | -1.57 | -4.04 | -6.66 | 11.34 | -3.19 | -6.69 | 6.55 | 6.52 |
| Tax % | 33.33% | 0.00% | 0.00% | 0.00% | 5.88% | 0.00% | 0.00% | -0.75% | 0.00% | 0.00% | 0.00% | 0.00% | |
| 0.50 | -0.96 | -0.50 | -0.08 | 0.48 | -1.57 | -4.03 | -6.61 | 11.34 | -3.19 | -6.69 | 6.55 | 6.54 | |
| EPS in Rs | 2.04 | -3.92 | -2.04 | -0.33 | 1.96 | -6.41 | -16.45 | -26.98 | 46.29 | -13.02 | -27.31 | 26.73 | 26.70 |
| 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: | -6% |
| 5 Years: | -5% |
| 3 Years: | -11% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| TTM: | -42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 28% |
| 3 Years: | 23% |
| 1 Year: | 161% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Reserves | -0.47 | -1.44 | -1.93 | -2.01 | -1.54 | -3.11 | -7.14 | -13.75 | -4.78 | -8.12 | -15.26 | -8.33 |
| 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 4.52 | 6.18 | 6.41 | 8.44 | 7.25 | 8.40 | 15.79 | 22.64 | 12.77 | 14.47 | 21.63 | 12.69 | |
| Total Liabilities | 7.48 | 8.17 | 7.91 | 9.86 | 9.14 | 8.72 | 11.10 | 11.34 | 10.44 | 8.80 | 8.82 | 6.81 |
| 0.89 | 0.90 | 0.82 | 0.73 | 0.61 | 0.51 | 0.42 | 0.36 | 0.33 | 0.38 | 0.35 | 0.32 | |
| 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 |
| 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 |
| 6.59 | 7.27 | 7.09 | 9.13 | 8.53 | 8.21 | 10.68 | 10.98 | 10.11 | 8.42 | 8.47 | 6.49 | |
| Total Assets | 7.48 | 8.17 | 7.91 | 9.86 | 9.14 | 8.72 | 11.10 | 11.34 | 10.44 | 8.80 | 8.82 | 6.81 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.43 | 0.97 | -0.12 | -0.21 | -0.29 | -0.51 | -0.01 | 0.10 | 0.01 | 0.09 | 0.18 | 0.32 | |
| -0.18 | -0.15 | -0.04 | -0.02 | 0.01 | -0.01 | 0.00 | -0.03 | -0.04 | -0.14 | -0.07 | -0.08 | |
| 0.00 | 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 | -0.61 | 0.82 | -0.15 | -0.23 | -0.28 | -0.53 | 0.00 | 0.07 | -0.02 | -0.05 | 0.11 | 0.25 |
| Free Cash Flow | -0.62 | 0.80 | -0.19 | -0.26 | -0.31 | -0.54 | -0.02 | 0.08 | -0.02 | -0.05 | 0.14 | 0.28 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -29% | -107% | 19% | 28% | -85% | 31% | 0% | -1% | -0% | -1% | -3% | -3% |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6.68 | 21.76 | 12.84 | 44.42 | 18.30 | 29.37 | 98.78 | 137.26 | 159.05 | 190.91 | 145.15 | 0.00 |
| Inventory Days | 198.46 | 212.47 | 222.87 | 311.14 | 261.18 | 386.40 | 349.45 | 208.22 | 131.09 | 149.03 | 321.63 | 358.70 |
| Days Payable | 84.54 | 152.98 | 166.68 | 309.05 | 185.97 | 347.76 | 608.50 | 643.10 | 193.55 | 275.76 | 577.86 | 262.88 |
| Cash Conversion Cycle | 120.61 | 81.25 | 69.03 | 46.51 | 93.51 | 68.01 | -160.26 | -297.61 | 96.60 | 64.19 | -111.09 | 95.82 |
| Working Capital Days | 33.20 | -2.47 | -8.64 | -2.96 | 15.91 | -4.20 | -89.74 | -304.11 | 65.27 | -34.06 | -350.34 | -98.66 |
| ROCE % | 28.04% | -38.38% | -26.93% | -4.79% | 31.42% | -141.18% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ball Switch Production Quantity Nos |
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| Foreign Exchange Earnings on Exports (FOB basis) INR lakhs |
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| Proximity Sensors Production Quantity Nos |
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| Reed Switches Production Quantity Nos |
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| Number of Permanent Employees count |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Reg 74(5) of the SEBI (Depositories & Participants) Reg 2018, for the quarter ended 30th September 2026
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- 38th AGM approved financials, director appointments, Rajasthan office shift, and ₹50 crore-related party transaction limits.
-
Appointment of Company Secretary and Compliance Officer
- Board appointed new CFO and Company Secretary, accepted resignation, and named Nikhil Pujari Whole-time Director.
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On 24Th September 2026
- Board appointed new CFO and Company Secretary, noted CS resignation, and changed director to Whole-time Director from 24 Sept 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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.