Government Tender Analysis: Borosil Limited

Borosil Limited, a key player in the Indian glassware sector, demonstrates a growing presence in government procurement. With 17 bids submitted, Borosil is actively engaging with various government departments and ministries. This analysis provides a comprehensive overview of Borosil's tender performance, financial metrics, competitive positioning, and strategic recommendations, focusing on the period from FY2022-23 to FY2024-25.

Executive Summary

Borosil Limited has shown promising performance in government tenders, achieving a 29.4% win rate across 17 bids submitted between FY2022-23 and FY2024-25. The company's strong technical qualification rate of 70.6% highlights their ability to meet stringent government requirements. They've secured contracts worth ₹13.57 crore, demonstrating a significant presence in the government procurement landscape. TenderAI's financial health assessment indicates a 'Concerning' status with a score of 49.8/100, highlighting areas for improvement. Borosil's market positioning is competitive, particularly in tenders related to laboratory glassware and scientific equipment. The primary ministries and departments where Borosil excels include the Ministry of Defence and the Department of Defence Research & Development.

Financial Performance Analysis

Yearly Trends