ALPS MINING SERVICES PRIVATE LIMITED: Comprehensive Tender Performance Analysis

ALPS MINING SERVICES PRIVATE LIMITED demonstrates a strong and developing presence in the Indian government procurement landscape. This analysis provides a detailed overview of their tender performance, competitive positioning, and strategic opportunities, particularly focusing on their activities in key sectors like mining and steel. With a 26.3% win rate across 19 bids submitted between FY2022-23 and FY2024-25, the company showcases growing proficiency in securing government contracts. Notably, they have achieved a 100% qualification rate, indicating a strong understanding of tender requirements and compliance standards. The company's financial health is rated as Excellent, with a score of 81.1/100, reflecting robust performance in key areas. ALPS Mining Services's total secured contract value stands at ₹1,321.08 crore, highlighting their ability to win and execute substantial government projects. Their engagement with primary ministries and departments, including the Ministry of Steel and Department of Atomic Energy, underscores their specialization in specific procurement areas.

Financial Performance Analysis

Yearly Trends

ALPS MINING SERVICES PRIVATE LIMITED's financial performance in government tenders reveals significant trends over the past three fiscal years. In FY2022-23, the company participated in 5 tenders, securing 2 wins with a win rate of 40.0%, translating to a total contract value of ₹461.31 crore. FY2023-24 saw increased bidding activity with 9 tenders, resulting in 2 wins and a win rate of 22.2%, with a total contract value of ₹345.74 crore. In FY2024-25, they participated in 5 tenders, securing 1 win with a win rate of 20.0%, achieving a total contract value of ₹514.04 crore. This indicates a 48.7% growth in contract value compared to the previous period. A comparative table summarizing the year-on-year performance is as follows: