bharat forge ltd
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 55 bids — DANIELI INDIA LIMITED appeared in 7 of them.
BHARAT FORGE LTD
BHARAT FORGE LTD
Financial Details
Registered Office
MUNDHWA PUNE CANTONMENTNA-PUNE-Maharashtra-411036-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
138
Contract Value
₹579.66 Cr
L1 Bids
51
Recent Win Rate
50.0%
Performance Analytics
BHARAT FORGE LTD: Business Analysis & Government Tender Performance
Bharat Forge Ltd stands as a prominent player in India's manufacturing sector, particularly known for its expertise in forging. This business analysis provides an in-depth look at Bharat Forge's financial performance, competitive positioning, and strategic advantages in securing government tenders. With a notable 37% win rate and a substantial portfolio of 138 government tender participations, Bharat Forge has demonstrated strategic engagement in India's public procurement landscape. Their success is further highlighted by securing 51 L1 positions, demonstrating their competitive pricing and effective bid strategy.
Executive Summary
Bharat Forge Ltd exhibits a strong presence in the government tender landscape, characterized by a robust 37% win rate and a significant number of L1 bids (51). Their financial performance is marked by a 100% conversion rate of bid value to won contracts, reflecting their proficiency in targeting and securing valuable public sector projects. The company's competitive positioning is solid, particularly within the defense production and heavy industry sectors. However, there's room for improvement in diversifying their bidding activities and optimizing pricing strategies to enhance competitiveness in specific bid ranges. The overall financial health is rated as 'Good' with a score of 78.3/100.
1. Financial Performance of Bharat Forge Ltd
The financial performance of Bharat Forge Ltd in government tenders is characterized by consistent growth and a high success rate in recent years. The following points highlight key financial metrics:
- Total Contract Value: Bharat Forge has secured contracts with a total value of ₹5,79,65,70,840.0, demonstrating their ability to win significant public sector projects.
- Win Rate: The company boasts a win rate of 37.0% across 138 tender participations, showcasing their effectiveness in bidding.
- L1 Bids: Securing 51 L1 positions highlights Bharat Forge's competitive pricing and strategic bid submissions.