castwel industries 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 12 bids — KHEMKA REFRACTORIES PRIVATE LIMITED appeared in 3 of them.
CASTWEL INDUSTRIES PRIVATE LIMITED
CASTWEL INDUSTRIES PRIVATE LIMITED
Financial Details
Registered Office
C-18/6,MIDC,HINGNA INDUSTRIAL AREANA-NAGPUR-Maharashtra-440028-India
Industry Classification
Business Services
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
17
Contract Value
₹9.42 Cr
L1 Bids
3
Recent Win Rate
25.0%
Performance Analytics
Castwel Industries: Government Tender Analysis
Castwel Industries Private Limited is an active participant in the Indian government procurement landscape, with a focus on supplying materials and related services. This report provides a comprehensive analysis of their tender performance, financial health, competitive positioning, and strategic opportunities based on data from April 2018 to March 2025.
During this period, Castwel Industries submitted bids for 17 government tenders, achieving a 17.6% win rate. Their contract value secured totals ₹9.42 crore. A key strength is their strong technical qualification rate of 82.4%, indicating a solid understanding of government tender requirements.
Their financial health, assessed by TenderAI, is currently rated as 'Critical' with a score of 30.8/100. This score reflects challenges in contract value consistency and overall growth. However, the company demonstrates a concentrated procurement focus, excelling in tenders from the Ministry of Mines and the Department of Materials.
Competition is intense, particularly from companies like Khemka Refractories Private Limited and Sharadaa Ceramics Private Limited. Strategic recommendations include optimizing pricing, enhancing competitive intelligence, and leveraging areas of competitive advantage. The future growth outlook for Castwel Industries depends on their ability to improve bid efficiency, expand their departmental reach, and capitalize on high-value project opportunities.
Financial Performance Analysis
Castwel Industries' financial performance in government tenders shows varied trends across fiscal years. The following table presents a year-on-year comparison:
| Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value (₹ crore) |