Switching Technologies Gunther (BSE 517201)₹131.00+0.31%Other Electrical Equipment
In the Mar 2026 quarter (standalone), Switching Technologies Gunther reported sales of ₹1.99 Cr, up 0.0% from Mar 2025, and net profit of ₹11.99 Cr. For the year to Mar 2026, sales were ₹8.23 Cr and net profit ₹6.54 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 | 1.99 |
| Expenses | 5.01 | 3.99 | 5.01 | 4.01 | 4.01 | 3.99 | 4.01 | 3.01 | 4.01 | 3.99 | 4.01 | 6.01 |
| Operating Profit | −1.99 | −1.99 | −2.99 | −1.99 | −1.99 | −1.99 | −1.99 | −0.99 | −1.99 | −1.99 | −1.99 | −3.99 |
| OPM % | −87.0% | −78.0% | −170.1% | −104.0% | −88.1% | −97.0% | −85.1% | −73.0% | −83.1% | −78.0% | −108.1% | −192.1% |
| Other Income | 0.00 | 0.00 | 0.00 | 5.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.98 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −2.01 | −2.01 | −3.01 | 4.01 | −2.01 | −2.01 | −2.01 | −1.01 | −2.01 | −2.01 | −2.01 | 12.02 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 5.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.95 |
| Net Profit | −1.99 | −1.99 | −2.99 | 3.99 | −1.99 | −1.99 | −1.99 | −0.99 | −1.99 | −1.99 | −1.99 | 11.99 |
| EPS (Rs) | −8.28 | −7.54 | −13.50 | 16.36 | −6.66 | −7.81 | −7.26 | −5.58 | −6.85 | −7.13 | −8.60 | 49.36 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14.72 | 15.58 | 14.75 | 18.29 | 13.01 | 10.86 | 10.58 | 11.49 | 8.65 | 7.69 | 8.23 | 7.96 |
| Expenses | 15.66 | 16.24 | 15.56 | 18.02 | 14.68 | 14.94 | 17.64 | 21.65 | 17.91 | 14.35 | 17.76 | 18.02 |
| Operating Profit | −0.90 | −0.61 | −0.75 | 0.33 | −1.63 | −4.02 | −7.00 | −10.11 | −9.21 | −6.60 | −9.48 | −9.96 |
| OPM % | −6.2% | −4.0% | −5.2% | 1.8% | −12.6% | −37.0% | −66.2% | −87.9% | −106.2% | −85.8% | −115.2% | −125.1% |
| Other Income | 0.11 | 0.29 | 0.82 | 0.31 | 0.20 | 0.08 | 0.44 | 21.51 | 6.12 | 0.00 | 16.10 | 15.98 |
| Interest | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.17 | 0.16 | 0.15 | 0.15 | 0.14 | 0.11 | 0.10 | 0.07 | 0.09 | 0.08 | 0.08 | 0.00 |
| Profit before tax | −0.97 | −0.50 | −0.09 | 0.52 | −1.58 | −4.05 | −6.67 | 11.36 | −3.20 | −6.70 | 6.56 | 5.99 |
| Tax % | 0.0% | 0.0% | 0.0% | 5.9% | 0.0% | 0.0% | −0.8% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.47 | 5.60 | 0.00 | 16.05 | 15.95 |
| Net Profit | −0.95 | −0.49 | −0.07 | 0.47 | −1.56 | −4.02 | −6.60 | 11.33 | −3.18 | −6.68 | 6.54 | 6.02 |
| EPS (Rs) | −3.91 | −2.05 | −0.32 | 1.97 | −6.40 | −16.44 | −26.95 | 46.28 | −13.01 | −27.28 | 26.74 | 26.78 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 2.44 | 2.44 | 2.44 | 2.44 | 2.46 | 2.44 | 2.44 | 2.44 | 2.44 | 2.44 | 2.44 | 2.44 |
| Reserves | −0.47 | −1.45 | −1.92 | −2.00 | −1.55 | −3.10 | −7.13 | −13.74 | −4.79 | −8.13 | −15.27 | −8.34 |
| Borrowings | 0.98 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 4.50 | 6.17 | 6.38 | 8.40 | 7.21 | 8.36 | 15.76 | 22.60 | 12.75 | 14.46 | 21.63 | 12.69 |
| Total Liabilities | 7.45 | 8.15 | 7.89 | 9.83 | 9.11 | 8.69 | 11.07 | 11.30 | 10.40 | 8.77 | 8.80 | 6.79 |
| Fixed Assets | 0.88 | 0.89 | 0.81 | 0.72 | 0.60 | 0.50 | 0.41 | 0.35 | 0.32 | 0.37 | 0.34 | 0.31 |
| 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 |
| Other Assets | 6.57 | 7.26 | 7.08 | 9.11 | 8.51 | 8.19 | 10.66 | 10.95 | 10.08 | 8.40 | 8.46 | 6.48 |
| Inventories | 5.46 | 4.74 | 4.71 | 5.96 | 6.38 | 6.49 | 7.18 | 5.98 | 4.46 | 3.33 | 4.81 | 5.68 |
| Trade receivables | 0.33 | 0.87 | 0.54 | 1.79 | 0.91 | 1.04 | 2.94 | 3.98 | 5.01 | 4.53 | 3.06 | 0.00 |
| Cash & equivalents | 0.40 | 1.20 | 1.05 | 0.81 | 0.53 | 0.02 | 0.02 | 0.09 | 0.05 | 0.02 | 0.17 | 0.45 |
| Total Assets | 7.45 | 8.15 | 7.89 | 9.83 | 9.11 | 8.69 | 11.07 | 11.30 | 10.40 | 8.77 | 8.80 | 6.79 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −0.44 | 0.98 | −0.13 | −0.22 | −0.30 | −0.52 | −0.02 | 0.11 | 0.02 | 0.10 | 0.22 | 0.33 |
| Cash from investing activity | −0.19 | −0.16 | −0.05 | −0.03 | 0.02 | −0.02 | 0.00 | −0.04 | −0.05 | −0.15 | −0.10 | −0.09 |
| Cash from financing activity | 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 | −0.60 | 0.81 | −0.14 | −0.22 | −0.27 | −0.52 | 0.00 | 0.06 | −0.01 | −0.04 | 0.10 | 0.24 |
| Capex | 0.18 | 0.16 | 0.06 | 0.04 | 0.01 | 0.02 | 0.00 | 0.01 | 0.02 | 0.13 | 0.03 | 0.03 |
| Free cash flow | −0.61 | 0.79 | −0.18 | −0.25 | −0.30 | −0.53 | −0.01 | 0.07 | −0.01 | −0.04 | 0.16 | 0.27 |
| CFO / OP % | −28.9% | −107.0% | 19.1% | 28.1% | −85.0% | 31.1% | 0.0% | −1.0% | 0.0% | −1.0% | −3.0% | −3.0% |
| 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 | 7 | 22 | 13 | 44 | 18 | 29 | 99 | 137 | 159 | 191 | 145 | 0 |
| Inventory days | 199 | 213 | 224 | 312 | 262 | 387 | 350 | 209 | 132 | 150 | 323 | 354 |
| Days payable | 85 | 153 | 167 | 309 | 186 | 348 | 608 | 643 | 194 | 276 | 578 | 258 |
| Cash conversion cycle | 122 | 82 | 70 | 48 | 95 | 69 | −159 | −297 | 98 | 65 | −110 | 95 |
| Working capital days | 34 | −1 | −8 | −2 | 17 | −3 | −89 | −303 | 66 | −33 | −349 | −98 |
| ROCE % | 28.1% | −38.3% | −26.8% | −4.7% | 31.5% | −141.1% | — | — | — | — | — | — |
For the Mar 2026 quarter, Switching Technologies Gunther reported sales of ₹1.99 Cr, up 0.0% year on year and net profit of ₹11.99 Cr. The operating margin was −192.1%.
Switching Technologies Gunther's sales for the year to Mar 2026 were ₹8.23 Cr; over the last twelve months they were ₹7.96 Cr.
Net profit for the year to Mar 2026 was ₹6.54 Cr, and ₹6.02 Cr over the last twelve months. Earnings per share over the same trailing period were ₹26.78.
Switching Technologies Gunther reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.45 Cr.
Cash from operations was ₹0.33 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.27 Cr.