Bandaram Pharma Packtech Ltd

(524602)

Bandaram Pharma Packtech Limited Formerly known Shiva Medicare Limited was incorporated on 2 Dec.91 to manufacture latex gloves. Thereafter the Company decided to venture into paper industry and was running the business since 2022. But due to increased activity in this line of work the computer sales and AMC business slowly discontinued and the Company today has only one line of activity viz processing and supply of recycled paper.The Company supplies various categories of recycled paper to small and medium size paper mills located mainly in the East West Godavari Districts of Andhra Pradesh. This recycled paper consists of consumer waste paper such as old newspapers notebooks and other textbooks exercise books forms and all types of discarded paper. Collection is done by hawkers and dealers who consolidate collections from the small individual shops and supply to paper manufacturers for pulping. Before pulping the recycled paper is required to sorted and baled. Their processes ensure that only the best quality feedstock enters production processes which leads to better quality product for manufacturers. The Company began its journey by acquiring the Rubber division of Vijayshree Spinning Mills located at TambaramChennai. It manufactures disposable latex examination gloves and has two lines capable of producing 36 mln pcs pa each. After taking possession of the unit on 11 Apr.92 within a short span of four months the Company shipped on 31 Aug.92 its first consignment to its overseas buyers Steriltx USA US and since then was regularly exporting its product to Steriltx USA. It had commissioned three lines in 199495.The Company also modified its 2 Nos. old diplines for manufacturing of Nitrele and Surgical Gloves proposed to manufacture value added products such as Nitrele Surgical and Chlorinated Gloves. It further acquired VSR Paper and Packaging Limited in April 2022..

Share Price: ₹56.35 per share as on 22 Oct, 2024 04:01 PM
Market Capitalisation: ₹68.99Cr as of today
Revenue: ₹11.37Cr as on June 2024 (Q2 24)
Net Profit: ₹0.18Cr as on June 2024 (Q2 24)