How has been the historical performance of the Shri Ram Switch.?

Shri Ram Switch has experienced a significant decline in financial performance, with net sales dropping from Rs 28.20 crore in March 2019 to Rs 2.72 crore in March 2023, and operating profit turning negative with a loss of Rs 1.34 crore. Total liabilities increased while total assets decreased, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Shri Ram Switch has shown a significant decline over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Shri Ram Switch's net sales have decreased sharply from Rs 28.20 crore in March 2019 to just Rs 2.72 crore in March 2023. This downward trend is mirrored in total operating income, which fell from Rs 54.99 crore in March 2018 to Rs 2.72 crore in March 2023. The company's total expenditure, excluding depreciation, also saw a decline, dropping from Rs 43.73 crore in March 2018 to Rs 4.29 crore in March 2023. Operating profit has turned negative, with a loss of Rs 1.34 crore reported in March 2023, compared to a profit of Rs 11.81 crore in March 2018. The profit before tax has similarly worsened, moving from a profit of Rs 3.29 crore in March 2017 to a loss of Rs 3.80 crore in March 2023. The net profit has followed suit, declining from Rs 2.12 crore in March 2017 to a loss of Rs 3.87 crore in March 2023. The company's total liabilities have increased from Rs 33.16 crore in March 2018 to Rs 62.72 crore in March 2023, while total assets have decreased from Rs 84.55 crore to Rs 53.55 crore over the same period. Cash flow from operating activities has remained negative, with a cash outflow of Rs 6.00 crore in March 2023, indicating ongoing financial challenges for the company.

What does Shri Ram Switch. do?

Shri Ram Switchgears Ltd, a Micro Cap company established in 1985, operates in the Other Electrical Equipment industry. It has a market cap of Rs 6 Cr, with no recent revenue or profit data available.

Overview: <BR>Shri Ram Switchgears Ltd operates in the Other Electrical Equipment industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Shri Ram Switchgears Limited was incorporated in 1985 as "Shri Ram Switchgears Private Limited" and later converted to a Public Limited Company, changing its name on January 3, 2017. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: Rs 6 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 24 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -2.94 <BR>Return on Equity: 18.80% <BR>Price-to-Book: -0.30<BR><BR>Contact Details: <BR>Address: Shri Ram Bhawan Goushala Road, Ratlam Madhya Pradesh: 457001 <BR>Phone: 91-7412-235554 <BR>Email: info@shriramswitchgears.com <BR>Website: http://www.shriramswitchgears.com

When is the next results date for Shri Ram Switch.?

No Upcoming Board Meetings

Has Shri Ram Switch. declared dividend?

No Dividend History Available

Who are the peers of the Shri Ram Switch.?

No Peers Information Available

Is Shri Ram Switch. overvalued or undervalued?

As of March 15, 2024, Shri Ram Switch is considered a risky investment due to its negative financial ratios, including a PE ratio of -1.58 and a significant decline in stock performance, indicating it is overvalued compared to stronger peers like ABB and BHEL.

As of 15 March 2024, the valuation grade for Shri Ram Switch has moved from does not qualify to risky, indicating a significant shift in its perceived investment quality. The company appears to be overvalued given its negative PE ratio of -1.58, a price to book value of -0.30, and an EV to EBITDA ratio of -43.74. These ratios suggest that the company is struggling financially, as evidenced by a return on capital employed (ROCE) of -4.47% and a return on equity (ROE) that is negative due to a negative book value.<BR><BR>In comparison to its peers, Shri Ram Switch stands out unfavorably; for instance, ABB has a PE ratio of 67.88 and an EV to EBITDA of 52.83, while BHEL shows a PE of 166.73 and an EV to EBITDA of 72.83, both indicating a much stronger financial position. The stark contrast in these ratios highlights that Shri Ram Switch is not only underperforming but also carries a higher risk profile in the market. Overall, the company's current valuation suggests it is overvalued, especially considering its poor stock performance over the past three years, where it has declined by 24.1% compared to a 52.41% increase in the Sensex.

What is the technical trend for Shri Ram Switch.?

As of 12 March 2024, the technical trend for Shri Ram Switch is neutral due to stagnant prices at 6.30 and insufficient data for a clear bullish or bearish stance.

As of 12 March 2024, the technical trend for Shri Ram Switch has changed from mildly bearish to does not qualify. Given the lack of available technical summary data and the current price being stagnant at 6.30, there is insufficient information to determine a clear bullish or bearish stance. The absence of recent price movement and returns further complicates the analysis.

Who are in the management team of Shri Ram Switch.?

As of March 2022, the management team of Shri Ram Switch includes Nilesh Kumar Jhalani (Managing Director), Rohit Kumar Jhalani and Devraj Jhalani (Whole-time Directors), Sapna Jhalani (Director), Atul Krishna Khandelwal (Independent Director), and Garima Mahalaha (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Shri Ram Switch includes the following individuals:<BR><BR>1. Nilesh Kumar Jhalani - Managing Director<BR>2. Rohit Kumar Jhalani - Whole-time Director<BR>3. Devraj Jhalani - Whole-time Director<BR>4. Sapna Jhalani - Director<BR>5. Atul Krishna Khandelwal - Independent Director<BR>6. Garima Mahalaha - Company Secretary & Compliance Officer<BR><BR>Each member plays a significant role in the governance and operational management of the company.

Who are the top shareholders of the Shri Ram Switch.?

The top shareholders of Shri Ram Switch include promoter Devraj Jhalani with 15.15%, public shareholder Premlata Devi Jhalani at 4.1%, and individual investors holding 33.97%. There are no pledged promoter holdings, and the company currently has no mutual funds or foreign institutional investors.

The top shareholders of Shri Ram Switch include the promoters, with Devraj Jhalani holding the largest share at 15.15%. The highest public shareholder is Premlata Devi Jhalani, who owns 4.1%. Additionally, individual investors collectively hold 33.97% of the shares. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors currently holding shares.

How big is Shri Ram Switch.?

As of 23rd July, Shri Ram Switchgears Ltd has a market capitalization of 6.00 Cr, classifying it as a Micro Cap, with no valid financial data available for net sales or net profit for the latest four quarters. The balance sheet as of March 2023 shows Shareholder's Funds at a loss of 21.22 Cr and Total Assets at 53.55 Cr.

As of 23rd July, <BR><BR>Market Cap: Shri Ram Switchgears Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for net sales or net profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2023, with Shareholder's Funds at a loss of 21.22 Cr and Total Assets valued at 53.55 Cr.

Which are the latest news on Shri Ram Switch.?

Why is Shri Ram Switch. falling/rising?

As of 04-Dec, the stock price of Shri Ram Switchgears Ltd is at 6.30, showing no change and underperforming against the Sensex. The stock has remained stagnant over various time frames, indicating declining investor confidence and a bearish trend.

As of 04-Dec, the stock price of Shri Ram Switchgears Ltd is currently at 6.30, with no change from the previous day (0.00%). The stock has shown a performance of 0.00% over the past week, indicating stability in its price, but it has underperformed compared to the benchmark Sensex, which has decreased by 0.69% during the same period. <BR><BR>Over the past month, the stock has also remained unchanged, while the Sensex has increased by 1.70%. Year-to-date, the stock has not moved, contrasting with the Sensex's gain of 10.10%. In the longer term, the stock has seen a decline of 7.35% over three years and a significant drop of 51.54% over five years, while the Sensex has risen by 39.25% and 96.35%, respectively.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 4.85%. Additionally, the stock has shown erratic trading patterns, having not traded on five out of the last twenty days. It is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. However, there has been a rise in investor participation, with a delivery volume increase of 38.89% against the 5-day average, indicating some interest from investors.<BR><BR>Overall, the combination of stagnant price performance, underperformance against the benchmark, and trading below moving averages suggests that Shri Ram Switchgears Ltd is currently experiencing a decline in investor confidence, contributing to its falling stock price.