canthus refrigeration private limited
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 10 bids — SASG UV SOLUTIONS PRIVATE LIMITED appeared in 4 of them.
CANTHUS REFRIGERATION PRIVATE LIMITED
CANTHUS REFRIGERATION PRIVATE LIMITED
Financial Details
Registered Office
166, R.N.T. Marg, Dev Rishi Complex, U. G. 2,NA-INDORE-Madhya Pradesh-452001-India
Industry Classification
Trading
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
24
Contract Value
₹3.18 Cr
L1 Bids
10
Recent Win Rate
37.5%
Performance Analytics
CANTHUS REFRIGERATION PRIVATE LIMITED: Business Analysis and Strategic Outlook
Canthus Refrigeration Private Limited has demonstrated a notable presence in the government tender landscape. This report provides a comprehensive business analysis of their performance, focusing on financial performance, competitive positioning, and strategic recommendations for future growth.
Executive Summary
Canthus Refrigeration Private Limited exhibits a 41.7% win rate in government tenders, indicating a competitive edge in securing contracts. However, recent financial data reveals a 62.7% decline in contract value, necessitating a strategic review. The company's competitive positioning is challenged by several key competitors. This analysis aims to provide actionable insights for enhancing Canthus Refrigeration's market position and driving sustainable business growth in the refrigeration industry.
Financial Performance Analysis
Canthus Refrigeration's financial performance in government tenders is a mixed bag. While the win rate is commendable, certain financial metrics require attention. Here's a detailed breakdown:
- Total Contract Value: The company has secured contracts with a total value of ₹3,18,48,220.0. This demonstrates a substantial impact on the refrigeration industry through its participation in public sector projects.
- Win Rate: A consistent win rate of 41.7% across 24 tenders indicates effective bidding strategies.
- Recent Performance: The latest financial period shows a 37.5% win rate, securing contracts worth ₹79.48 Lakhs. However, this represents a 62.7% decline compared to the previous period, suggesting potential challenges in maintaining consistent business growth.