Nirman Consultants: Government Tender Performance Analysis

Executive Summary:

Nirman Consultants Private Limited is establishing a presence in the Indian government tender landscape, focusing primarily on the Ministry of Petroleum and Natural Gas, particularly with Indian Oil Corporation Limited. As of March 31, 2025, the company has participated in 6 tenders, achieving a qualification rate of 100.0%. Their win rate stands at 16.7% overall, with improvements noted in the most recent fiscal year. The total value of contracts bid on is ₹2,18,70,892.0, securing contracts worth ₹2,18,70,892.0. TenderAI's financial health assessment indicates a 'Satisfactory' score of 61.0/100, based on factors including win rate (41.7), contract value (59.0), and growth (100). Nirman Consultants faces competition from firms like PRISM Infratech and S.Kumar & Associates, requiring strategic adjustments to enhance their competitive edge. This Nirman Consultants tender performance analysis delves into their current standing in the government procurement sector.

Financial Performance Analysis

Nirman Consultants' financial performance shows growth in recent years. While there was no activity from FY2018-19 to FY2022-23, FY2023-24 saw participation in one tender with a contract value of ₹19,49,512. The company experienced a significant surge in FY2024-25, participating in 5 tenders and securing contracts valued at ₹1,99,21,380, representing a 921.9% year-on-year growth. The company's bid distribution from April 2023 to March 2024 indicates participation across various price ranges, with a focus on tenders valued between ₹20,00,000 and ₹50,00,000.