nirmal equipments private 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 13 bids — DURGA ENGG & WELDING WORKS appeared in 7 of them.
NIRMAL EQUIPMENTS PRIVATE LIMITED
NIRMAL EQUIPMENTS PRIVATE LIMITED
Financial Details
Registered Office
C/O PREMISES OF HITECH ENGINEERING WORKS, 4-5/b ANCILLIARY INDUSTRIAL AREA,P.O.-HATIANA-RANCHI-Jharkhand-834003-India
Industry Classification
Unclassified
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
21
Contract Value
₹3.54 Cr
L1 Bids
6
Recent Win Rate
30.0%
Performance Analytics
NIRMAL EQUIPMENTS PRIVATE LIMITED: Comprehensive Tender Performance Analysis
Nirmal Equipments Private Limited, a key player in the Indian government procurement landscape, demonstrates a strong commitment to public sector contracts, particularly within the Ministry of Steel. This report provides a detailed analysis of Nirmal Equipments's tender performance, financial metrics, competitive positioning, and strategic recommendations based on data from April 2018 to March 2025, derived from TenderAI's comprehensive tender database. The analysis focuses on their tender performance metrics to provide insights for government procurement officers, industry stakeholders and potential partners. Nirmal Equipments has secured a solid foundation in government contracts indicating their potential in the Indian market.
Executive Summary
Nirmal Equipments Private Limited has actively participated in 21 government tenders between April 2018 and March 2025, showcasing a 28.6% win rate. The company's focus lies primarily within the Ministry of Steel, particularly tenders from Steel Authority of India Limited. Their financial performance reveals that they have successfully secured contracts valued at ₹3,54,39,049 during this period. The financial health assessment using TenderAI scoring components indicates a "Satisfactory" status with a score of 55.5/100. Key components of this score include a 71.4 rating for win rate, 9.7 for contract value, 75.0 for bid efficiency, 64.5 for growth, and 50.0 for consistency. Nirmal Equipments shows a competitive market position, particularly in its niche segment.
The company demonstrates an 81.0% qualification rate between April 2018 and March 2025, indicating strong compliance with technical specifications. However, there are opportunities to enhance their contract value and bid efficiency. Their current market positioning highlights strengths in securing L1 bids, suggesting a competitive pricing strategy. Nirmal Equipments specializes in tenders related to the Ministry of Steel, primarily focusing on Steel Authority of India Limited projects.
Financial Performance Analysis
Yearly Trends
A review of Nirmal Equipments's financial performance by fiscal year reveals a developing trend. The company has shown increasing activity in recent years. The performance data for FY2022-23 compared to FY2023-24 and FY2024-25 shows significant progress in bid count and win count: