Shares of Bandaram Pharma Packtech Limited are expected to remain in focus after its material subsidiary, VSR Paper and Packaging Limited, secured two work orders from the Government of Telangana worth a combined ₹27.7 crore.
The contracts relate to printing and distribution of textbooks for the 2026-27 academic year. They also include paper and lamination requirements.
Execution is scheduled between June and August 2026.
Order details
The subsidiary received two separate orders.
Break-up of the contracts:
- ₹26.79 crore order for printing and distribution of about 32.75 lakh textbooks
- ₹91.84 lakh order covering around 99,554 textbooks
Together, the orders are valued at approximately ₹27.7 crore.
The books are to be supplied ahead of the new academic session.
Order size nearly half of market value
Bandaram Pharma Packtech has a market capitalization of around ₹50.32 crore.
Based on the company’s valuation, the order value amounts to nearly 50 percent of its market capitalization.
That makes the contract sizeable relative to the company’s scale and could improve revenue visibility.
Earlier disclosure corrected
The company recently issued a clarification regarding the order value.
It said the aggregate contract amount had earlier been inadvertently disclosed as ₹37.44 crore.
The figure has now been revised to ₹27.7 crore. No other details have changed.
Role of subsidiary
The contracts will be executed by VSR Paper and Packaging Limited, which operates in the paper and packaging business.
The order highlights the subsidiary’s growing contribution to the group.
Successful execution could help strengthen its presence in government printing assignments.
About Bandaram Pharma Packtech
Although originally associated with the pharmaceutical sector, Bandaram Pharma Packtech Limited has diversified its operations over the years.
In its current form, the company was incorporated in 2022.
Its business includes procurement and supply of recycled paper and related packaging products. Expansion has also come through subsidiary-led operations in paper, packaging and printing.
Stock performance
The company has a market capitalization of about ₹50.32 crore.
Shares were trading at ₹28, up 1.82 percent during the session.
The stock has fallen around 9.18 percent over the past month.
52-week range:
- High: ₹50
- Low: ₹22
Key points
- VSR Paper and Packaging won two Telangana government orders.
- Total contract value stands at ₹27.7 crore.
- Printing and distribution work will run from June to August 2026.
- The larger order covers about 32.75 lakh textbooks.
- Earlier disclosure of ₹37.44 crore was revised to ₹27.7 crore.
TL;DR:
Bandaram Pharma Packtech’s subsidiary, VSR Paper and Packaging, has secured two Telangana government contracts worth ₹27.7 crore for printing and distributing textbooks for the 2026-27 academic year. The work is scheduled to be completed between June and August 2026.
AI summary
- VSR Paper and Packaging received Telangana government orders worth ₹27.7 crore.
- The contracts involve textbook printing and distribution for 2026-27.
- Work will be carried out between June and August 2026.
- The company corrected an earlier order value disclosure of ₹37.44 crore.
- Shares of Bandaram Pharma Packtech rose 1.82 percent during the session.






