Lathia Rubber Manufacfacturing Co: Government Tender Performance Analysis

Executive Summary

Lathia Rubber Manufacfacturing Co Private Limited is in the initial phase of establishing its presence in the Indian government tender ecosystem. An analysis of their tender performance from April 2024 to March 2025 reveals a 100.0% qualification rate, indicating a strong capability in meeting government tender requirements. Of the 3 tenders that the company participated in, the win rate stands at 0.0%. While the company is yet to secure a win, its technical qualification rate showcases potential for future success. The total contract value of bids submitted during this period is ₹54.21 Lakhs. The company's financial health is currently rated as 'Critical', with a score of 22.5/100 based on TenderAI scoring components, reflecting areas for improvement in win rate and contract value conversion. Lathia Rubber's market positioning is primarily focused on the Ministry of Steel, specifically targeting the Steel Authority of India Limited. Their ability to consistently qualify for tenders positions them as a technically competent rubber industry supplier with a focus on government procurement data within their specialized sector.

Financial Performance Analysis

Lathia Rubber's financial performance analysis reveals a focused approach towards specific government departments. The yearly trends indicate initial participation in the FY 2024-25. Historical data from FY2018-19 to FY2023-24 shows no prior tender activity. Quarter-wise performance visualizations (not available in provided data but would typically showcase bid submissions and qualification rates for each quarter such as Q1 FY2024-25, Q2 FY2024-25, etc.). The bid distribution analysis from April 2024 to March 2025 shows bids concentrated in the ₹10 Lakh to ₹30 Lakh range.

Table: Year-on-Year Performance