Switching Tech.

What does Switching Tech. do?

Switching Technologies Gunther Ltd manufactures and sells electronic components like Reed Switches and Proximity Sensors. As of March 2025, it reported net sales of 2 Cr and a net loss of 1 Cr, with a market cap of Rs 20 Cr.

Overview: <BR>Switching Technologies Gunther Ltd is engaged in the manufacturing and sale of electronic components, specifically Reed Switches, Proximity Sensors, and Ball Switches, operating within the Other Electrical Equipment industry and categorized as a Micro Cap company.<BR><BR>History: <BR>The company was incorporated on April 27, 1988, and has been promoted by M N Kannan. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 2 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 20 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 71 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 52.22% <BR>Price to Book: -1.53 <BR><BR>Contact Details: <BR>Address: Plots B9 B10 & C1, MEPZ Kadapperi Tambaram Chennai Tamil Nadu : 600045 <BR>Tel: 91-044-43219096/22622460 <BR>Email: stgindia@airtelmail.in <BR>Website: http://www.stg-india.com

When is the next results date for Switching Tech.?

No Upcoming Board Meetings

Has Switching Tech. declared dividend?

No Dividend History Available

Who are the peers of the Switching Tech.?

Peers of Switching Tech. include Waaree Energies, Premier Energies, Apar Inds., Genus Power, Shilchar Tech, Websol Energy, Diamond Power, Cont. Controls, and SGN Telecoms. Websol Energy leads in 1-year returns at 136.44%, while SGN Telecoms has the lowest at -18.82%, with Switching Tech. at 9.01%.

Peers: The peers of Switching Tech. are Waaree Energies, Premier Energies, Apar Inds., Genus Power, Shilchar Tech, Websol Energy, Diamond Power, Cont. Controls, and SGN Telecoms.<BR><BR>Quality Snapshot: Excellent management risk is observed at Premier Energies, while Good management risk is found at Waaree Energies and Apar Inds. Average management risk is present at Genus Power, Shilchar Tech, and Websol Energy, while Below Average management risk is noted at Diamond Power and Cont. Controls. The peers with Capital Structure ratings of Excellent are Waaree Energies and Premier Energies, while Good is seen at Apar Inds. and Genus Power, Average at Websol Energy, and Below Average at Diamond Power and Cont. Controls.<BR><BR>Return Snapshot: Websol Energy has the highest 1-year return at 136.44%, while SGN Telecoms has the lowest at -18.82%. Switching Tech.'s 1-year return of 9.01% is significantly lower than Websol Energy's. Additionally, Diamond Power, Cont. Controls, and SGN Telecoms all have negative six-month returns.

Is Switching Tech. overvalued or undervalued?

As of April 25, 2023, Switching Tech. is considered risky and overvalued, with concerning financial metrics, including a PE ratio of -3.03, despite a strong one-year return of 10.47% compared to the Sensex's 7.61%.

As of 25 April 2023, the valuation grade for Switching Tech. has moved from does not qualify to risky, indicating a significant shift in its perceived financial health. The company appears to be overvalued, with a PE ratio of -3.03, an EV to EBITDA of -3.03, and an EV to Sales ratio of 2.61, which are concerning indicators of its financial performance. <BR><BR>In comparison to its peers, Switching Tech. stands out negatively against companies like Kaynes Tech, which has a PE ratio of 125.17, and Honeywell Auto, with a PE ratio of 65.93, both categorized as very expensive. The stark contrast in these ratios highlights the challenges faced by Switching Tech. Despite a strong one-year return of 10.47% compared to the Sensex's 7.61%, the underlying financial metrics suggest that investors should approach this stock with caution.

What is the technical trend for Switching Tech.?

As of June 2, 2025, Switching Tech shows a mildly bearish trend, supported by daily moving averages and weekly RSI, despite mixed signals from the MACD across different time frames.

As of 2 June 2025, the technical trend for Switching Tech has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend. The weekly MACD remains bullish, but the monthly MACD is mildly bearish, suggesting mixed signals across time frames. The weekly RSI is bearish, while the monthly RSI shows no signal, further contributing to the overall bearish sentiment. Additionally, the Dow Theory indicates a mildly bearish trend on the weekly chart, reinforcing the current outlook. Overall, the strength of the bearish trend is moderate, with key indicators pointing towards caution in the near term.

Who are in the management team of Switching Tech.?

As of March 2023, the management team of Switching Tech includes S Ramesh (Company Secretary & Compliance Officer), Kanthimathinathan Chocalingam and Gayathri M N (Independent Directors), K. Manoharan (Executive Director), and C. Chandrachudan (Managing Director). Each member contributes to the company's governance and operations.

As of March 2023, the management team of Switching Tech includes the following individuals:<BR><BR>1. S Ramesh - Company Secretary & Compliance Officer<BR>2. Kanthimathinathan Chocalingam - Independent Director<BR>3. Gayathri M N - Independent Director<BR>4. K. Manoharan - Executive Director<BR>5. C. Chandrachudan - Managing Director<BR><BR>Each member plays a crucial role in the governance and operational oversight of the company.

Who are the top shareholders of the Switching Tech.?

The top shareholder of Switching Tech. is Gunther America Inc, owning 61.22% of the shares. Individual investors hold 32.49%, while the highest public shareholder, Bjd Securities Pvt Ltd, has 2.18%.

The top shareholders of Switching Tech. are primarily the promoters, with Gunther America Inc holding the largest share at 61.22%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors currently do not hold any shares in the company. The highest public shareholder is Bjd Securities Pvt Ltd, which holds 2.18%. Additionally, individual investors collectively hold 32.49% of the shares.

Are Switching Tech. latest results good or bad?

Switching Technologies' latest results are mixed; while net sales grew by 7.49%, net profit declined by 22.63%, leading to a 'Strong Sell' rating from MarketsMOJO. Despite improved debt collection efficiency, the overall performance suggests challenges ahead.

Switching Technologies Gunther's latest results present a mixed picture. On one hand, the company has shown a positive trend in net sales, with a growth of 7.49% compared to the previous quarter. This indicates that the company is managing to increase its revenue, which is a positive sign.<BR><BR>However, the standalone net profit has seen a significant decline of 22.63%, which is concerning. This drop in profitability, coupled with a decrease in the overall performance score from 2 to -1, suggests that the company is facing challenges.<BR><BR>On a brighter note, the Debtors Turnover Ratio has improved to 2.51 times, the highest in the last five half-yearly periods. This improvement indicates that the company is becoming more efficient in collecting its debts, which could enhance cash flow management.<BR><BR>Despite these positives, the stock has received a 'Strong Sell' rating from MarketsMOJO, reflecting a negative sentiment in the market regarding the company's performance. Overall, while there are some encouraging signs, the decline in profit and the market's reaction suggest that the results are not entirely good. Stakeholders will need to keep a close watch on the company's future developments.

How big is Switching Tech.?

As of 24th July, Switching Technologies Gunther Ltd has a market capitalization of 19.00 Cr and reported Net Sales of 7.87 Cr, with a Net Profit loss of 6.74 Cr over the latest four quarters. Shareholder's Funds were at a loss of 5.67 Cr, and Total Assets were valued at 7.16 Cr.

As of 24th July, Switching Technologies Gunther Ltd has a market capitalization of 19.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 7.87 Cr. However, it faced a loss of 6.74 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's Funds stood at a loss of 5.67 Cr, while Total Assets were valued at 7.16 Cr.

How has been the historical performance of Switching Tech.?

Switching Tech. has shown a consistent decline in net sales and profitability, with revenues dropping from 18.35 Cr in Mar'19 to 7.72 Cr in Mar'25, and significant losses leading to negative reserves of -15.26 Cr and an EPS of -27.31 in Mar'25.

Answer:<BR>The historical performance of Switching Tech. shows a declining trend in net sales and profitability over the years, culminating in significant losses in recent periods.<BR><BR>Breakdown:<BR>Switching Tech. has experienced a consistent decline in net sales, dropping from 18.35 Cr in Mar'19 to just 7.72 Cr in Mar'25. This decline is mirrored in total operating income, which fell from 18.35 Cr in Mar'19 to 7.72 Cr in Mar'25. The company's total expenditure has also increased, reaching 14.35 Cr in Mar'25, which has contributed to operating losses. The operating profit (PBDIT) has worsened from a profit of 0.65 Cr in Mar'19 to a loss of 6.62 Cr in Mar'25. Profit before tax and profit after tax have similarly deteriorated, with losses of 6.69 Cr and 6.69 Cr respectively in Mar'25. The company's reserves have turned negative, reaching -15.26 Cr in Mar'25, indicating a significant financial strain. The earnings per share have also declined sharply, resulting in a negative EPS of -27.31 in Mar'25. Overall, Switching Tech. has faced increasing challenges, reflected in its declining revenues and mounting losses over the years.

Should I buy, sell or hold Switching Technologies Gunther Ltd?

Why is Switching Technologies Gunther Ltd falling/rising?

As of 16-Mar, the stock price of Switching Technologies Gunther Ltd is stable at 75.64, but has declined 4.24% over the past week. Despite strong year-to-date growth of 21.90%, concerns about the company's fundamentals, including negative book value and declining promoter confidence, contribute to perceived risks.

As of 16-Mar, the stock price of Switching Technologies Gunther Ltd is currently stable at 75.64, showing no change (0.00%). Despite this stability in the current price, the stock has experienced a decline of 4.24% over the past week, while the broader market, represented by the Sensex, has fallen by 2.66%. Over the past month, the stock has also decreased by 1.72%, contrasting with a more significant decline of 9.34% in the Sensex.<BR><BR>However, the stock has shown strong performance year-to-date, with a notable increase of 21.90%, significantly outperforming the Sensex, which has declined by 11.40% during the same period. Over the past year, the stock has risen by 28.84%, while the Sensex has only increased by 2.27%. This long-term performance is further highlighted by a remarkable 150.05% increase over the past three years and a 151.71% increase over the past five years, indicating a strong historical growth trajectory.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 2.19%, despite the electronics components sector experiencing a decline of 2.19%. Additionally, there has been a rise in investor participation, with delivery volume increasing by 73.77% compared to the five-day average, suggesting growing interest among investors.<BR><BR>However, there are significant concerns regarding the company's fundamentals. The company has a negative book value and has shown poor long-term growth, with net sales declining at an annual rate of 4.56% and operating profit stagnating at 0% over the last five years. The company also has a high debt-to-equity ratio, indicating financial risk. Furthermore, recent negative results, including the lowest recorded ROCE and debtors turnover ratio, along with a negative EBITDA, contribute to the perception of risk associated with the stock.<BR><BR>Additionally, a reduction in promoter confidence, with a 23.59% decrease in their stake over the previous quarter, raises concerns about the future prospects of the company. This combination of strong historical performance and current stability, juxtaposed with significant fundamental weaknesses and declining promoter confidence, creates a complex picture for Switching Technologies Gunther Ltd, contributing to the current perception of risk and potential for price volatility.

Which are the latest news on Switching Tech.?