honavar electrodes 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 17 bids — MAILAM INDIA PRIVATE LIMITED appeared in 15 of them.
HONAVAR ELECTRODES PRIVATE LIMITED
HONAVAR ELECTRODES PRIVATE LIMITED
Financial Details
Registered Office
305-309, DAMJI SHAMJI INDUSTIRIAL COMPLEX, 9, L.B.S.MARG, KURLA (W),NA-MUMBAI-Maharashtra-400070-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
49
Contract Value
₹32.19 Cr
L1 Bids
2
Recent Win Rate
0.0%
Performance Analytics
Honavar Electrodes Private Limited: Government Tender Analysis
Honavar Electrodes Private Limited is an active participant in the Indian government procurement landscape, having submitted bids for 49 government tenders. This analysis provides a comprehensive overview of their tender performance, financial health, market positioning, and strategic recommendations.
Executive Summary
Honavar Electrodes Private Limited has participated in 49 government tenders between April 2018 and March 2025, achieving a 4.1% win rate. During this period, the company secured 2 L1 positions, demonstrating its competitiveness in select tenders. The company’s technical qualification rate stands at 73.5%, indicating a strong ability to meet government tender requirements.
The total contract value of bids submitted by Honavar Electrodes is ₹32,18,94,557, with the company successfully securing contracts worth ₹32,18,94,557. Their financial health is assessed as 'Satisfactory' with a score of 52.5/100, based on TenderAI’s scoring components including win rate, contract value, bid efficiency, growth, and consistency.
Honavar Electrodes primarily focuses on tenders from the Ministry of Heavy Industries and Public Enterprises, Ministry of Defence, and Ministry of Ports, Shipping and Waterways, particularly engaging with the Department of Heavy Industry, Department of Military Affairs, and Department of Defence Production. They have experience bidding with Bharat Heavy Electricals Limited (BHEL).
In the competitive landscape, Honavar Electrodes faces strong competition from companies like GEE LIMITED, D & H SECHERON ELECTRODES PVT LTD, and MAILAM INDIA PRIVATE LIMITED. Despite a relatively lower win rate compared to some competitors, Honavar Electrodes maintains a stable financial performance and exhibits growth potential.