Bandaram Pharma Packtech (BSE: BANDARAM) is loss-making over the last 12 months, losing ₹0.54 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹18.53, 63% below its 52-week high. Sales grew 50% a year over 3 years. Debt is 0.86× equity. It is a small-cap company with a market cap of ₹33 Cr, ranked 59th of 83 Packaging & Containers companies by market cap; the shares fell 23% over the past year.
- ₹18.00
- ₹19.05
- ₹18.00
- ₹18.91
- 20
Health check
- ReturnsBehind
−22.6% over a year, better than 0 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthUnder pressure
Sales +49.8%, profit +3.0% a year over 3 years, but loss-making now.
- ProfitabilityWeak
ROCE 3.7% vs peer median 16.7%.
- Balance sheetStretched
Debt 0.86× equity, interest covered 1.4×, Piotroski 2 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹33 Cr
- Small cap
- P/E
- 61.8
- Industry 18.1
- Price to book
- 1.28
- Peers 2.06
- Dividend yield
- 0.00%
- ROE
- 4.3%
- Peers 14.4%
- ROCE
- 3.7%
- Peers 16.7%
- Debt to equity
- 0.86
- Debt ₹28 Cr
- EPS (TTM)
- ₹0.30
- OPM (TTM)
- 4.8%
- Net margin −0.6%
- Sales growth
- +195.6%
- Latest quarter vs a year ago
- Profit growth
- +2670.9%
- Latest quarter vs a year ago
- Price to sales
- 0.38
- EV/EBITDA 14.8
Strengths and risks
Strengths
- Quarterly profit up 2670.9% on a year ago.
- Quarterly sales up 195.6% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at 4.3%.
- 63% below its 52-week high.
- Interest coverage of only 2.3×.
About Bandaram Pharma Packtech
Bandaram Pharma Packtech Limited operates in the paper industry in India. The company engages in the processing and supply of recycled wastepaper; and trading of paper board. It also supplies various categories of recycled paper to small and medium-size paper mills. The company was formerly known as Shiva Medicare Limited and changed its name to Bandaram Pharma Packtech Limited in March 2022. Bandaram Pharma Packtech Limited was incorporated in 1993 and…
- Headquarters
- Bengaluru
- Employees
- 4
- Sector
- Consumer Cyclical
- ISIN
- INE875N01036
- Website
- bandaram.com
Price range
- Avg volume (3M)
- 4.5K
- 1-year return
- minus 22.6%
- From 52-week high
- minus 62.7%
Peers · Packaging & Containers
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMETECHNOTime Technoplast | 170.65 | minus 1.98% | 8,424 | 15.9 | 2.06 | 15.3% | 13.4% | 10.3% | 12.5% | 28.9% | 0.86% | minus 17.5% |
| EPLEPL | 221.31 | minus 3.61% | 7,101 | 18.1 | 2.26 | 16.7% | 14.9% | 19.8% | 8.5% | 19.7% | 2.26% | plus 13.4% |
| AGIAGI Greenpac | 645.55 | minus 3.31% | 4,177 | 11.8 | 1.65 | 18.2% | 14.9% | 22.0% | 5.5% | 10.4% | 1.08% | minus 18.3% |
| UFLEXUFLEX | 575.30 | minus 2.13% | 4,154 | 6.1 | 0.51 | 7.5% | 4.1% | 14.0% | 1.4% | −12.9% | 0.52% | plus 9.1% |
| TCPLPACKTCPL Packaging | 4,431.10 | minus 2.80% | 4,024 | 34.9 | 5.61 | 18.3% | 14.4% | 12.8% | 7.3% | −4.2% | 0.55% | plus 37.9% |
| JINDALPOLYJindal Poly Films | 697.50 | minus 0.11% | 3,054 | – | 1.00 | −18.2% | −29.9% | −36.5% | −15.6% | – | 0.00% | plus 25.0% |
| KNACKKnack Packaging | 199.71 | plus 1.42% | 2,444 | 21.6 | 3.34 | 38.3% | 35.5% | 17.8% | 16.6% | 67.1% | 0.00% | plus 9.1% |
| BANDARAMBandaram Pharma Packtech | 18.53 | minus 2.01% | 33 | 61.8 | 1.28 | 3.7% | 4.3% | 4.8% | 49.8% | 3.0% | 0.00% | minus 22.6% |
| Median of 7 peers | – | −2.13% | 4,154 | 17.0 | 2.06 | 16.7% | 14.4% | 14.0% | 7.3% | 15.0% | 0.55% | 9.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 8.1 | 13.7 | 14.8 | 26.3 | 24 | |
| 7.5 | 13.3 | 13.8 | 25.4 | 22.4 | |
| 0.6 | 0.5 | 1 | 0.8 | 1.5 | |
| 7.8% | 3.3% | 6.7% | 3.1% | 6.4% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.5 | 0.3 | 0.3 | 0.5 | 0.4 | |
| 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | |
| 0 | 0.1 | 0.5 | 0.1 | 0.9 | |
| 30.4% | 22.4% | 34.1% | 21.7% | 26.0% | |
| 0 | 0 | 0.2 | 0.1 | 0.7 | |
| 0.02 | 0.03 | 0.11 | 0.05 | 0.11 |
Profit & loss
- Sales CAGR 3Y
- +49.8%
- Profit CAGR 3Y
- +3.0%
- EPS CAGR 3Y
- −30.2%
- ROE
- 4.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18.7 | 34.1 | 37 | 62.9 | |
| – | +81.9% | +8.5% | +70.2% | |
| 17.4 | 31.3 | 34.1 | 60.4 | |
| 1.3 | 2.8 | 2.8 | 2.5 | |
| 6.9% | 8.3% | 7.6% | 4.0% | |
| −0 | −0.3 | −0.1 | 0.3 | |
| 0.3 | 0.6 | 0.8 | 1.1 | |
| 0.6 | 0.7 | 0.6 | 1 | |
| – | – | −0 | −0.3 | |
| 0.3 | 1.2 | 1.3 | 0.4 | |
| 20.9% | 20.1% | 24.5% | 36.3% | |
| 0.3 | 0.5 | 1 | 0.3 | |
| – | +102.4% | +90.7% | minus 71.7% | |
| 0.47 | 0.79 | 0.83 | 0.16 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3 | 12 | 12 | 18 | |
| 0.1 | 0.3 | 0.7 | 8.8 | |
| 14.2 | 12.2 | 17.2 | 23.9 | |
| 2.9 | 7.6 | 9.1 | 25.1 | |
| 20.2 | 32.1 | 38.9 | 75.9 | |
| 5 | 4.5 | 4 | 9.4 | |
| – | 1.4 | 1.4 | – | |
| 0.2 | 0 | 0.1 | 0.7 | |
| 15 | 26.1 | 33.5 | 65.7 | |
| 20.2 | 32.1 | 38.9 | 75.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.1 | −4.1 | −4.9 | −4.9 | |
| −5.3 | −1.6 | −0.1 | – | |
| 4.5 | 5.6 | 5.1 | 5.5 | |
| −1.9 | −0.1 | 0.1 | 0.6 | |
| −2.8 | −0.2 | −0.1 | – | |
| −3.9 | −4.3 | −5 | −4.9 | |
| – | – | −0.2 | – |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.