goyal mg gases private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 14 bids — SREE SHIYALAMMAN GASES appeared in 3 of them.
GOYAL MG GASES PRIVATE LIMITED
GOYAL MG GASES PRIVATE LIMITED
Financial Details
Registered Office
53 FRIENDS COLONY EASTNEW DELHINA-NEW DELHI-Delhi-110065-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
11
Contract Value
₹5.94 Cr
L1 Bids
3
Recent Win Rate
20.0%
Performance Analytics
Executive Summary: Goyal MG Gases Private Limited - Tender Performance Analysis
Goyal MG Gases Private Limited is actively participating in Indian government tenders, demonstrating a developing presence in the public sector procurement landscape. This analysis, powered by TenderAI, provides a comprehensive overview of their tender performance, financial metrics, and competitive positioning. From April 2018 to March 2025, Goyal MG Gases submitted 11 bids, achieving a 27.3% win rate. During the period of FY2023-24 and FY2024-25, The company secured government contracts with a total value of ₹5,93,77,329, reflecting a strong initial conversion rate.
The company demonstrates a solid technical qualification rate of 72.7%, suggesting a good understanding of government tender requirements. According to TenderAI's analysis, their financial health score is 55.1, rated as 'Satisfactory'. This score is based on components such as win rate (68.2), contract value (100), and bid efficiency (73.3).
Goyal MG Gases has demonstrated a specialized focus on tenders related to gas mixtures, engaging primarily with the Ministry of Defence, specifically the Department of Defence Production, and the Department of Defence Research & Development. Their tender history also includes engagement with Bharat Earth Movers Limited (BEML).
This report provides detailed insights into Goyal MG Gases's tender performance, offering strategic recommendations for enhancing their competitiveness and securing future government contracts. The report encompasses a financial analysis, product/service category performance, geographical & departmental distribution, competitive landscape, SWOT analysis, and future growth outlook.
Financial Performance Analysis
Over the period from FY2018-19 to FY2024-25, Goyal MG Gases has shown increasing activity in government tenders. A comparative table below illustrates the year-on-year performance:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |