mitsu chem plast limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 12 July 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 2 bids — ANJALI POLYPLAST PRIVATE LIMITED appeared in 1 of them.
MITSU CHEM PLAST LIMITED
MITSU CHEM PLAST LIMITED
Financial Details
Registered Office
329, GALA COMPLEX, 3RD FLOOR, DIN DAYAL UPADHYAY MARG, MULUND (W)NA-MUMBAI-Maharashtra-400080-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
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
6
Contract Value
₹12.28 Cr
L1 Bids
3
Recent Win Rate
100.0%
Performance Analytics
Mitsu Chem Plast Limited: Government Tender Performance Analysis
Mitsu Chem Plast Limited is establishing a strong presence in India's government tender ecosystem, demonstrating impressive performance metrics in recent bidding activities. This analysis examines their tender participation, technical qualification rate, financial performance, and emerging procurement strategy, focusing on their activities in the Indian plastics industry.
Executive Summary
Mitsu Chem Plast Limited has participated in 6 government tenders, showcasing a remarkable 50.0% win rate between April 2023 and March 2025. Their technical qualification rate stands at an impressive 100.0%, indicating a strong understanding of government tender requirements. The total contract value secured during this period amounts to ₹12,27,89,141, reflecting their ability to convert bids into valuable public sector projects. A TenderAI financial health assessment rates the company as 'Good' with a score of 67.4/100, based on win rate, contract value, bid efficiency, growth, and consistency.
Mitsu Chem Plast Limited's market positioning is particularly strong within tenders related to the Ministry of Chemicals and Fertilizers and the Ministry of Petroleum and Natural Gas. Their ability to secure L1 positions highlights their competitive pricing and strategic bidding approach. This report provides a comprehensive analysis of Mitsu Chem Plast Limited's tender performance, offering valuable insights for government procurement officers, industry stakeholders, and potential partners.
Financial Performance Analysis
The financial performance of Mitsu Chem Plast Limited in government tenders reveals several key trends and patterns. Analysis of yearly trends and quarterly patterns for FY2023-24 and FY2024-25 provides insights into their bidding activity and success rates.