Mcgean India Chemicals: Tender Performance Analysis

Executive Summary

Mcgean India Chemicals Private Limited has actively participated in the Indian government procurement landscape, submitting 241 bids between FY2020-21 and FY2024-25. The company has achieved a qualification rate of 59.8% and a win rate of 2.9% across these bids. Notably, Mcgean India Chemicals has secured 7 L1 positions, demonstrating their ability to submit competitive bids. The total value of contracts secured by Mcgean India Chemicals is ₹4,83,44,799.

A TenderAI financial health assessment indicates a "Critical" status with a score of 31.7/100, based on factors such as win rate, contract value, and bid efficiency. While the company shows a well-diversified client portfolio, there are areas for improvement in bid strategy and pricing. Mcgean India Chemicals's market positioning shows engagement with various ministries and departments, particularly the Ministry of Railways and the Department of Defence Production.

The company exhibits a regional presence in states like Tamil Nadu, Karnataka, and Uttar Pradesh. Their engagement with organizations like Southern Railway, Bharat Heavy Electricals Limited (Bhel), and East Coast Railway indicates familiarity with diverse procurement requirements. Overall, Mcgean India Chemicals presents a balanced value proposition, requiring strategic enhancements to improve competitiveness and overall tender success in the Indian government procurement sector. This report serves as a comprehensive guide to understanding Mcgean India Chemicals' tender performance, identifying key strengths and weaknesses, and formulating strategic recommendations for future growth.

Financial Performance Analysis

Yearly Trends

Mcgean India Chemicals's yearly performance in government tenders shows fluctuating trends in bid participation, qualification rates, and win rates. The following table summarizes the company's performance across different fiscal years: