Switching Technologies Gunther Limited

Financial Performance (Quarter Ended 30th June 2026)

Income Statement (₹ in Lakhs):

  • Revenue from Operations: ₹93.16
  • Other Income: ₹2.92
  • Total Revenue: ₹96.08

Expenses (₹ in Lakhs):

  • Cost of Material Consumed: ₹137.83
  • Changes in Inventories of Finished goods, WIP & Stock in trade: (₹19.75)
  • Employees benefits expenses: ₹79.88
  • Depreciation and amortisation expenses: ₹1.68
  • Other Expenses: ₹65.67
  • Total Expenses: ₹265.31

Profit/(Loss) (₹ in Lakhs):

  • Profit before Exceptional items and tax: (₹169.23)
  • Exceptional Items: None during current quarter (Previous quarter: ₹1,610.25)
  • Profit before tax: (₹169.23)
  • Net Profit/(Loss) for the period: (₹169.23)
  • Other Comprehensive Income: ₹0.00
  • Total Comprehensive Income for the Period: (₹169.23)

Comparative Figures (₹ in Lakhs):

  • Q1 FY26 (30.06.2025): Net Loss of ₹167.69
  • Q4 FY26 (31.03.2026): Net Profit of ₹1,208.66 (including exceptional item)
  • FY26 (31.03.2026): Net Profit of ₹655.22

Per Share Data:

  • Basic EPS: (₹6.91)
  • Diluted EPS: (₹6.91)
  • Equity Share Capital: ₹245.00 lakhs (Face Value ₹10 each)

Material Uncertainty Related to Going Concern

The company has incurred a net loss of ₹169.23 lakhs during the quarter ended June 30, 2026. As of that date, the company's accumulated losses aggregate to ₹1,001.85 lakhs, resulting in complete erosion of its net worth. Additionally, the company's current liabilities exceeded its current assets by ₹297.50 lakhs as of the balance sheet date.

Material Change in Shareholding

MAS Touristas Horizons (P) Ltd (CIN: U79110WB2023PTC264828) along with MAS BBU Enterprises (P) Ltd (CIN: U51909WB2022PTC254100) were mentioned in relation to shareholding changes during the quarter, though specific details were not fully disclosed in the text provided.

Business Transfer Agreement

During the quarter ending 31 March 2026 (previous quarter), the company received ₹300 lakhs from Canolli Manufacturing Private Limited pursuant to a Business Transfer Agreement dated 11 December 2025. The total consideration payable to the company for transfer of business to Canolli is ₹426 lakhs.

Proposed Acquisitions

The shareholders of the company in the Extra Ordinary General Meeting dated 01 August 2026 approved the 100% acquisition of two companies:

  • Tekfoods International Private Limited
  • Samridh Overseas Trading Private Limited

The acquisitions are to be executed through share swap transactions. Since the shareholders from whom the shares are to be purchased are related parties of the company, shareholder approval for these related party transactions was also obtained in the same EGM.

Additional Information

  • The company operates primarily in one segment: Manufacture of Reed Switches, Proximity Switches & Pole Switches
  • The company has not issued any Commercial Papers (CPs), NCDs & NCRPs
  • The financial results have been published in Business Standard (English) and Makkal Kural (Tamil)
  • The results are available on the company's website