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britex engineering works Tender Performance & Track Record

britex engineering works

Tender Performance & Track Record

Company Overview

Summary
BRITEX ENGINEERING WORKS: Business Analysis and Strategic Recommendations Britex Engineering Works demonstrates a strong presence in the government tender landscape. This comprehensive analysis explores their financial performance, competitive positioning, and provides actionable strategic recommendations to drive future growth. With a focus on the Indian forging industry and government procurement, this report highlights key performance indicators (KPIs) and opportunities for improvement.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids130
Value₹5.63Cr

Qualified Bids / Q Rate

Bids116
Q Rate89.2%

Total Wins / Win Value

Win67
Value₹2.45Cr

Wins Rate / Q-W Rate

Rate51.5%
Q-W Rate57.8%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

52.8% win rate
127
₹5.29 Cr
114
67
₹2.45 Cr

Ministry of Defence

Bids
127
₹5.29 Cr
Qualified
114
Wins
67
₹2.45 Cr
52.8% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
2
₹24.46 Lakh
2
0
₹0

Ministry of Petroleum and Natural Gas

Bids
2
₹24.46 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
1
₹9.28 Lakh
0
0
₹0

Ministry of Chemicals and Fertilizers

Bids
1
₹9.28 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 130 bids — UNIQUE FORGE (GUJARAT) PVT LTD appeared in 63 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

BRITEX ENGINEERING WORKS

Your Company
51.5% win rate
130
₹5.63 Cr
116
89.2%
67
₹2.45 Cr

BRITEX ENGINEERING WORKS

Your Company
Total Bids
130
₹5.63 Cr
Qualified
116
89.2%
Wins
67
₹2.45 Cr
51.5% win rate
UNIQUE FORGE (GUJARAT) PVT LTD
25.4% win rate
63
₹2.49 Cr
63
100.0%
16
₹1.00 Cr
UNIQUE FORGE (GUJARAT) PVT LTD
Total Bids
63
₹2.49 Cr
Qualified
63
100.0%
Wins
16
₹1.00 Cr
25.4% win rate
VISHNU FORGE INDUSTRIES LIMITED
31.7% win rate
41
₹1.31 Cr
41
100.0%
13
₹46.61 Lakh
VISHNU FORGE INDUSTRIES LIMITED
Total Bids
41
₹1.31 Cr
Qualified
41
100.0%
Wins
13
₹46.61 Lakh
31.7% win rate
VINIR ENGINEERING PRIVATE LIMITED
11.1% win rate
90
₹3.96 Cr
89
98.9%
10
₹37.50 Lakh
VINIR ENGINEERING PRIVATE LIMITED
Total Bids
90
₹3.96 Cr
Qualified
89
98.9%
Wins
10
₹37.50 Lakh
11.1% win rate
M/S FARMER INDUSTRIES
25.0% win rate
20
₹1.05 Cr
20
100.0%
5
₹15.06 Lakh
M/S FARMER INDUSTRIES
Total Bids
20
₹1.05 Cr
Qualified
20
100.0%
Wins
5
₹15.06 Lakh
25.0% win rate
MONGA BROTHERS LIMITED
5.3% win rate
19
₹66.95 Lakh
19
100.0%
1
₹6.26 Lakh
MONGA BROTHERS LIMITED
Total Bids
19
₹66.95 Lakh
Qualified
19
100.0%
Wins
1
₹6.26 Lakh
5.3% win rate
CHENNAI FORGE PRODUCTS PRIVATE LIMITED
7.9% win rate
63
₹1.85 Cr
63
100.0%
5
₹5.87 Lakh
CHENNAI FORGE PRODUCTS PRIVATE LIMITED
Total Bids
63
₹1.85 Cr
Qualified
63
100.0%
Wins
5
₹5.87 Lakh
7.9% win rate
LAKSHMI INDUSTRIAL WORKS
7.7% win rate
13
₹68.87 Lakh
13
100.0%
1
₹75K
LAKSHMI INDUSTRIAL WORKS
Total Bids
13
₹68.87 Lakh
Qualified
13
100.0%
Wins
1
₹75K
7.7% win rate
STEEL AND INDUSTRIAL FORGINGS LIMITED
0.0% win rate
18
₹1.13 Cr
18
100.0%
0
₹0
STEEL AND INDUSTRIAL FORGINGS LIMITED
Total Bids
18
₹1.13 Cr
Qualified
18
100.0%
Wins
0
₹0
0.0% win rate
OMMI FORGE PRIVATE LIMITED
0.0% win rate
13
₹38.44 Lakh
13
100.0%
0
₹0
OMMI FORGE PRIVATE LIMITED
Total Bids
13
₹38.44 Lakh
Qualified
13
100.0%
Wins
0
₹0
0.0% win rate
RING FORGINGS PRIVATE LIMITED
0.0% win rate
12
₹33.32 Lakh
12
100.0%
0
₹0
RING FORGINGS PRIVATE LIMITED
Total Bids
12
₹33.32 Lakh
Qualified
12
100.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

324

Qualified: 293
Q Rate: 90.4%

Contract Value

₹20.80 Cr

Avg. Bid: ₹5.20 Lakh
Avg. EMD: ₹0

L1 Bids

209

Win Rate: 64.5%
Q to W Ratio: 71.3%

Recent Win Rate

53.1%

Change: -11.3%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

BRITEX ENGINEERING WORKS: Business Analysis and Strategic Recommendations

Britex Engineering Works demonstrates a strong presence in the government tender landscape. This comprehensive analysis explores their financial performance, competitive positioning, and provides actionable strategic recommendations to drive future growth. With a focus on the Indian forging industry and government procurement, this report highlights key performance indicators (KPIs) and opportunities for improvement.

Executive Summary

Britex Engineering Works exhibits a robust 64.5% win rate in government tenders, reflecting effective bidding strategies and strong technical qualifications. The company has secured significant contracts, demonstrating a solid conversion rate of bid value to won contracts. While financial performance shows a recent decline in contract value, strategic focus on high-value departments and optimization of bidding strategies can unlock substantial growth opportunities. This analysis provides insights into Britex Engineering Works' performance, competitive landscape, and strategic pathways for sustainable growth within the forging industry.

Financial Performance of BRITEX ENGINEERING WORKS

This section details the financial metrics and trends of Britex Engineering Works, providing a comprehensive overview of their performance in government tenders.

Key Financial Metrics

  • Total Contract Value: Britex Engineering Works has secured contracts worth ₹207,971,631.0.