Switching Technologies Gunther Ltd

Switching Technologies Gunther Ltd (517201)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-23.53 %
3 Month Return-39.64 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 34
Rank 34
Rank 43
Dividend Yield
Rank 21
Rank 48
Price To Book Ratio
Rank 26
Debt To Asset
Rank 43

Company Information

Switching Technologies Gunther STGL was incorporated in Apr.88 and has been promoted by M N Kannan. It manufactures and exports hitech reed switches which find wide applications in the aircraft industry industrial control equipment automobiles and power industry at its unit in the Madras Export Processing Zone MEPZ. The company is a 100 per cent EoU and has a buyback arrangement with its promoter company W Gunther Nurenberg Germany. Its collaborator W Gunther Germany has a 61.22 stake in the company.STG is one of the leading manufacturers and exporters of reed switches and relays in India. Its products are exported to the European markets and have received good responses from them. The company has a unit in the Madras Export Processing Zone MEPZ manufacturing reed switches used in the automobile telecommunication industrial control and aircraft industries.During 199697 it has commenced commercial production of new switch types like Miniature reed switches/Tilt switches/relays which can also be used as surface mounted devices and can find application through out the automation and telecommunication industries.STGL has obtained UL/CSA recognition for its switches for the North American market. It is also awaiting ISO 9002 certification.During 199899 the companys net profit was reduced to 11.28 lacs because of the exchange fluctuation loss of Rs 50.64 lacs. Necessary steps are being taken to ensure that such exchange fluctuation does not affect the companys results in future. The company also has comprehensive restructuring plans in order to improve the efficiency of the plant.
OrganisationSwitching Technologies Gunther Ltd
IndustryCapital Goods - Electrical Equipment