heatflex cables 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 22 bids — THERMO CABLES LTD. appeared in 8 of them.
HEATFLEX CABLES PRIVATE LIMITED
HEATFLEX CABLES PRIVATE LIMITED
Financial Details
Registered Office
95-A Pocket-D Phase-3, Ashok viharNA-Delhi-Delhi-110052-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
25
Contract Value
₹4.52 Cr
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
Heatflex Cables Private Limited: Tender Performance Analysis
Executive Summary
Heatflex Cables Private Limited is an active participant in Indian government tenders, primarily focusing on the cable manufacturing sector. An analysis of their tender performance reveals key insights into their competitive positioning, financial health, and strategic opportunities. From FY2018-19 to FY2024-25, Heatflex Cables submitted bids for 25 tenders, demonstrating increasing participation in recent years. Although their win rate remains at 0.0% as of March 2025, the company has achieved a qualification rate of 24.0%. This indicates a need for improvement in converting qualified bids into won contracts. Over the period FY2023-24 to FY2024-25, contract value has seen substantial growth of 5046%, reaching ₹4.43 crore in FY24-25 alone, showing a potential in the sector. TenderAI's financial health assessment currently rates Heatflex Cables as 'Critical' with a score of 30.0/100, highlighting areas for improvement in win rate, contract value, and bid efficiency.
Heatflex Cables is primarily focused on tenders from the Ministry of Steel, Ministry of Defence, Ministry of Heavy Industries and Public Enterprises, Ministry of Coal, and Ministry of Mines, with a strong presence in the Department of Heavy Industry. This departmental specialization offers an opportunity to leverage their expertise and improve their win rate in targeted procurement programs. Key competitors include SUYOG ELECTRICALS LIMITED, BMI CABLES PRIVATE LIMITED, and NANGALWALA INDUSTRIES PRIVATE LIMITED, against whom Heatflex Cables needs to develop stronger competitive strategies.
Overall, while Heatflex Cables has shown increasing participation and contract value growth in government tenders, their low win rate and 'Critical' financial health score necessitate strategic adjustments. Focusing on bid quality, competitive pricing, and targeted department engagement will be crucial for enhancing their tender performance and achieving sustainable growth in the Indian government procurement landscape. This report provides a detailed analysis of their performance metrics, competitive positioning, and strategic recommendations for future success. The focus and primary keywords are centered around Heatflex Cables tenders, government contracts, and the Indian cable industry.
Financial Performance Analysis
Yearly Trends
The following table shows the yearly financial performance of Heatflex Cables in government tenders: