SWITCHTE
Switching Technologies Gunther financials
- Market cap
- ₹22 Cr
Quarterly results
Q1 FY27: revenue down 53.7%, net profit down 0.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 2 | 2 | 2 +12% | 2 −4% | 2 +12% | 1 −54% |
| EBITDA | -2 | -2 | -1 | -2 | -2 +10% | -2 −23% | -4 −193% | -2 −3% |
| Net profit | -2 | -2 | -1 | -2 | -2 +8% | -2 −19% | 12 +982% | -2 −1% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +81.5% 1Y
1Y: ₹66.96 on 9 Sept 2025 → ₹121.5. High ₹148.7 (9 Jul 2026), low ₹43.03 (20 Oct 2025).
Financials, as filed
Revenue fell 2.5% a year over 2 years, FY24 to FY26. Operating margin narrowed to -115.2%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹9 Cr | ₹8 Cr | ₹8 Cr |
| Operating profit | ₹-9 Cr | ₹-7 Cr | ₹-9 Cr |
| Operating margin | -106.5% | -86.0% | -115.2% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-3 Cr | ₹-7 Cr | ₹7 Cr |
| Net margin | -36.7% | -86.7% | 79.4% |
| Cash from operations | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Free cash flow | ₹-0 Cr | ₹0 Cr | ₹0 Cr |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Reserves | ₹-7 Cr | ₹-14 Cr | ₹-5 Cr | ₹-8 Cr | ₹-19 Cr | ₹-8 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹16 Cr | ₹23 Cr | ₹13 Cr | ₹14 Cr | ₹27 Cr | ₹13 Cr |
| Total liabilities | ₹11 Cr | ₹11 Cr | ₹10 Cr | ₹9 Cr | ₹10 Cr | ₹7 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹11 Cr | ₹11 Cr | ₹10 Cr | ₹8 Cr | ₹10 Cr | ₹6 Cr |
| Total assets | ₹11 Cr | ₹11 Cr | ₹10 Cr | ₹9 Cr | ₹10 Cr | ₹7 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +2.95 pp while promoters trimmed −2.94 pp. The shareholder count grew 4% to 3,558.
- Promoters
- 58.3%
- DIIs
- 0.0%
- Public
- 41.7%
Since Jun 2025
- Public +2.95 pp
- Promoters −2.94 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 61.2% to 58.3% — −2.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 61.2%, DIIs 0.0%, Public 38.8%.Dec '23: Promoters 61.2%, DIIs 0.0%, Public 38.8%.Mar '24: Promoters 61.2%, DIIs 0.0%, Public 38.8%.Jun '24: Promoters 61.2%, DIIs 0.0%, Public 38.8%.Sep '24: Promoters 61.2%, DIIs 0.0%, Public 38.8%.Dec '24: Promoters 61.2%, DIIs 0.0%, Public 38.7%.Mar '25: Promoters 61.2%, DIIs 0.0%, Public 38.8%.Jun '25: Promoters 61.2%, DIIs 0.0%, Public 38.7%.Sep '25: Promoters 61.2%, DIIs 0.0%, Public 38.7%.Dec '25: Promoters 37.6%, DIIs 0.0%, Public 62.4%.Mar '26: Promoters 37.6%, DIIs 0.0%, Public 62.3%.Jun '26: Promoters 58.3%, DIIs 0.0%, Public 41.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Touristas Horizons Private Limited newly disclosed 27.67% held
- Bbu Enterprises Private Limited newly disclosed 27.67% held
- Nikhil Pujari newly disclosed 2.94% held
The same filing shows 2 holders trimming and 8 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Switching Technologies Gunther Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Touristas Horizons Private Limited | 27.67% | newly disclosed |
| Bbu Enterprises Private Limited | 27.67% | newly disclosed |
| Nikhil Pujari | 2.94% | newly disclosed |
| Omkar Mundhra | 1.84% | −0.23 pp |
| Aditya Mittal | 1.42% | −0.57 pp |
| Radhey Shyam Mittal | 1.07% | unchanged |
| Madhu Bala Mittal | 1.03% | unchanged |
| Radhey Shyam Mittal (Huf) . | 1.01% | unchanged |
| Guenther America Inc | — | off the list |
| Kriansh Nirmaan Private Limited | — | off the list |
| Asscue Management Service Private Limited | — | off the list |
| Unlit Logistics Private Limited | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Switching Technologies Gunther Ltd.
Guides on how to read this kind of business and the numbers that matter.