The beneficial effects of vermicast on soil fertility in general, and agriculture in particular, are widely recognized, but there are no reports on the effect of storage on vermicast quality. The present study is an attempt to cover this knowledge gap as it may assist in the formulation of guidelines for packaging and storing of vermicast in a manner that preserves the cast’s fertilizer value. Vermicast generated from paper waste was packed in airtight and partially sealed bags with and without pre-drying for 24 h. Changes in several physical, chemical, and biological properties of the castings were monitored for 3 months with weekly assessments. The results reveal that the beneficial properties of vermicast were the highest when it was fresh. There was deterioration on storage, which can be minimized if the castings are contained in airtight bags after pre-drying the casts.