L Madanlal Aluminium Ltd: Comprehensive Tender Performance Analysis

Executive Summary:

L Madanlal Aluminium Ltd has actively participated in Indian government tenders, demonstrating a 12.5% win rate across 48 bids submitted between April 2018 and March 2025. Their technical qualification rate stands at an impressive 95.8%, indicating strong compliance with tender requirements. The company has focused primarily on tenders from the Ministry of Steel, Ministry of Defence, and the Ministry of Heavy Industries and Public Enterprises. A recent financial health assessment by TenderAI categorized their performance as 'Concerning', with a score of 36.0/100, driven by weaknesses in win rate, contract value, and bid efficiency. Despite these challenges, L Madanlal Aluminium Ltd secured ₹2,53,09,73,704 in government contracts, showing their ability to convert bids into tangible value. Their market positioning within the aluminium sector is challenging, requiring strategic improvements to enhance bid competitiveness and overall financial health. Key focus areas include optimizing bid pricing, enhancing business development in high-value departments like SAIL and Rashtriya Ispat Nigam Limited, and implementing a rigorous pre-bid qualification process to improve the bid-to-win ratio.

Financial Performance Analysis

L Madanlal Aluminium Ltd's financial performance in government tenders has shown variability over the years. The following table presents a year-on-year comparison: