narang medical 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 5 bids — KAPALIN BIOSCIENCES INC. appeared in 2 of them.
NARANG MEDICAL LIMITED
NARANG MEDICAL LIMITED
Financial Details
Registered Office
NARANG TOWER 46COMMUNITY CENTRE, NARAINA PHASE INA-NEW DELHI-Delhi-110028-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
53
Contract Value
₹38.66 Cr
L1 Bids
2
Recent Win Rate
0.0%
Performance Analytics
Narang Medical Limited: Tender Performance Analysis
Executive Summary:
Narang Medical Limited demonstrates a developing presence in the Indian government procurement sector. As of March 2025, they have participated in 53 tenders, securing 2 L1 positions. Their overall win rate stands at 3.8%, with a technical qualification rate of 50.9%. From April 2018 to March 2025, the company has secured government contracts worth ₹3.87 crore. Their financial health score, as assessed by TenderAI, is 37.1/100, categorized as 'Concerning'. Narang Medical's primary engagement is with the Ministry of Defence and Department of Health and Family Welfare, reflecting a focus on medical equipment and supplies.
The company's performance shows a mixed trend. While they have achieved a 100.0% conversion rate from bid value to won contracts, their 3.8% win rate suggests significant room for improvement in bid strategy and competitiveness. Analysis of their bid distribution reveals participation across various price ranges, with a concentration in lower-value tenders. Competitively, they face strong challenges from established players like WARSI MEDICO SYSTEMS AND SERVICES and MEDITECH HEALTHCARE, requiring strategic adjustments to enhance their win probability.
The following report provides a detailed analysis of Narang Medical Limited's tender performance, financial health, market positioning, and strategic recommendations for future growth in the Indian government procurement landscape. The key focus areas include improving win rates, optimizing bid strategy, and strengthening competitive positioning within their target ministries and departments. This analysis leverages TenderAI's comprehensive data and analytical tools to provide actionable insights for Narang Medical Limited.
Financial Performance Analysis
Narang Medical Limited's financial performance in government tenders reveals a fluctuating trend over the past few fiscal years. Here’s a detailed breakdown:
Yearly Trends: