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About Bandaram Pharma Packtech

Shiva Medicare (SML) was incorporated on 2 Dec.'91 to manufacture latex gloves. The company took over the Rubber division of Vijayshree Spinning Mills located at Tambaram,Chennai. SML manufactures disposable latex examination gloves and currently 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 successfully shipped, on 31 Aug.'92, its first consignment to its overseas buyers Steriltx (USA), US, and since then is regularly exporting its product to Steriltx (USA). The company had commissioned three lines in the year 1994-95. 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. Company applying term loan through Union Bank of India for putting the Chlorination plant to produce powder free gloves. Company also obtained 510-K from Food & Drug Administration, U.S.A for marketing powder free gloves in U.S.A. and C.E. mark from Norewegian Ministry of Health and Social Affairs for marketing of examination gloves in the European countries. The company has been referred to BIFR as the networth has been fully eroded.

Parent Organisation
Jain Pasupati
Managing Director
None
Founded
1993
NSE Symbol

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Community Discussion

A
Aaru
20th March 2024
In December 2023, Bandaram Pharma reported net sales of Rs 5.70 crore, marking a substantial increase of 411.55% from Rs 1.12 crore in December 2022. The quarterly net profit for December 2023 was Rs 0.05 crore, showing a notable 41.57% decrease from Rs 0.09 crore in December 2022. EBITDA (earnings before interest, tax, depreciation, and amortization) reached Rs 0.07 crore in December 2023, indicating a 22.22% decrease from Rs 0.09 crore in December 2022. Bandaram Pharma’s earnings per share (EPS) declined to Rs 0.04 in December 2023 from Rs 0.29 in December 2022. On February 26, 2024, Bandaram Pharma shares closed at Rs 31.88 on the BSE, providing a return of 14.51% over the last 6 months and a -56.30% return over the last 12 months.
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Bandaram Pharma Packtech Ltd FAQs

Bandaram Pharma Packtech Ltd (Bandaram Pharma Packtech Ltd) share price as of July 18, 2024, on NSE is Rs undefined (NSE) and Rs undefined (BSE) on BSE.
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