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 ₹ 18.4 Cr.
- Current Price ₹ 75.0
- 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: | 0% |
| 5 Years: | 16% |
| 3 Years: | 39% |
| 1 Year: | 0% |
| 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 |
| Free Cash Flow | 0.56 | -0.62 | 0.80 | -0.19 | -0.26 | -0.31 | -0.54 | -0.02 | 0.08 | -0.02 | -0.05 | 0.17 |
| CFO/OP | 120% | -29% | -107% | 19% | 28% | -85% | 31% | 0% | -1% | -0% | -1% | -3% |
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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Extracted by Screener AI
Documents
Announcements
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Submission Of Initial Disclosure
3h - Initial disclosure confirms Switching Technologies Gunther is not a large corporate; outstanding borrowing is zero.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026 as received from the Company''s RTA is attached.
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Compliance With The SEBI Commericlal Papers (CP) Read With Regulation 52(4)(D) Of SEBI (LODR) Regulations, 2015
1d - Company says it has not issued CPs, NCDs or NCRPs; repayment and interest disclosures do not arise.
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Pre-Offer Advertisement
1d - D & A Financial Services (P) Ltd ("Manager to the Offer) has submitted to BSE a copy of Newspaper Cutting of Pre-Offer Advertisement under Regulation …
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Non Applicability Of Submission Of Escrow Payment Mechanism
1d - Company states escrow payment mechanism is not applicable, so related quarterly filings will not arise.
Annual reports
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Financial Year 2025
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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
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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.