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nitin castings limited Tender Performance & Track Record

CIN: L65990MH1982PLC028822
Active
Public
Company limited by shares

nitin castings limited

Tender Performance & Track Record

CIN: L65990MH1982PLC028822
Active
Public
Company limited by shares

Company Overview

Summary
Nitin Castings Limited: Government Tender Analysis Executive Summary:
Primary Ministry: Ministry of Petroleum and Natural GasPrimary Department: Steel Authority of India Limited
Founded: 1982State: MAHARASHTRA
Primary Ministry:
Ministry of Petroleum and Natural Gas
Primary Department:
Steel Authority of India Limited
Founded:1982
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids19
Value₹31.83Cr

Qualified Bids / Q Rate

Bids16
Q Rate84.2%

Total Wins / Win Value

Win6
Value₹4.20Cr

Wins Rate / Q-W Rate

Rate31.6%
Q-W Rate37.5%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Petroleum and Natural Gas

16.7% win rate
6
₹27.97 Cr
4
1
₹1.30 Cr

Ministry of Petroleum and Natural Gas

Bids
6
₹27.97 Cr
Qualified
4
Wins
1
₹1.30 Cr
16.7% win rate

Ministry of Steel

50.0% win rate
6
₹76.18 Lakh
6
3
₹29.66 Lakh

Ministry of Steel

Bids
6
₹76.18 Lakh
Qualified
6
Wins
3
₹29.66 Lakh
50.0% win rate

Ministry of Defence

0.0% win rate
3
₹16.86 Lakh
3
0
₹0

Ministry of Defence

Bids
3
₹16.86 Lakh
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

66.7% win rate
3
₹2.93 Cr
3
2
₹2.61 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
3
₹2.93 Cr
Qualified
3
Wins
2
₹2.61 Cr
66.7% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
1
₹37K
0
0
₹0

Ministry of Chemicals and Fertilizers

Bids
1
₹37K
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 19 bids — UNI-ABEX ALLOY PRODUCTS LIMITED appeared in 4 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

NITIN CASTINGS LIMITED

Your Company
31.6% win rate
19
₹31.83 Cr
16
84.2%
6
₹4.20 Cr

NITIN CASTINGS LIMITED

Your Company
Total Bids
19
₹31.83 Cr
Qualified
16
84.2%
Wins
6
₹4.20 Cr
31.6% win rate
UNI-ABEX ALLOY PRODUCTS LIMITED
50.0% win rate
4
₹19.71 Cr
4
100.0%
2
₹17.67 Cr
UNI-ABEX ALLOY PRODUCTS LIMITED
Total Bids
4
₹19.71 Cr
Qualified
4
100.0%
Wins
2
₹17.67 Cr
50.0% win rate
NI-CHROME ALLOY CASTINGS PRIVATE LIMITED
50.0% win rate
4
₹9.09 Cr
4
100.0%
2
₹7.54 Cr
NI-CHROME ALLOY CASTINGS PRIVATE LIMITED
Total Bids
4
₹9.09 Cr
Qualified
4
100.0%
Wins
2
₹7.54 Cr
50.0% win rate
HASTALLOY INDIA LIMITED
50.0% win rate
2
₹2.21 Cr
2
100.0%
1
₹1.46 Cr
HASTALLOY INDIA LIMITED
Total Bids
2
₹2.21 Cr
Qualified
2
100.0%
Wins
1
₹1.46 Cr
50.0% win rate
SAJJAN PRECISION CASTINGS
50.0% win rate
2
₹26.40 Lakh
2
100.0%
1
₹14.70 Lakh
SAJJAN PRECISION CASTINGS
Total Bids
2
₹26.40 Lakh
Qualified
2
100.0%
Wins
1
₹14.70 Lakh
50.0% win rate
THIRUMALA PRECICASTS PRIVATE LIMITED
100.0% win rate
2
₹8.45 Lakh
2
100.0%
2
₹8.45 Lakh
THIRUMALA PRECICASTS PRIVATE LIMITED
Total Bids
2
₹8.45 Lakh
Qualified
2
100.0%
Wins
2
₹8.45 Lakh
100.0% win rate
PROFESSIONAL ENGINEERS
0.0% win rate
2
₹2.61 Cr
0
0.0%
0
₹0
PROFESSIONAL ENGINEERS
Total Bids
2
₹2.61 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
JUGAL UDYOG
0.0% win rate
2
₹74.81 Lakh
0
0.0%
0
₹0
JUGAL UDYOG
Total Bids
2
₹74.81 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
JS FORGE PRIVATE LIMITED
0.0% win rate
2
₹22.17 Lakh
2
100.0%
0
₹0
JS FORGE PRIVATE LIMITED
Total Bids
2
₹22.17 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
SUPER CASTINGS (BOMBAY) PRIVATE LIMITED
0.0% win rate
2
₹1.18 Cr
2
100.0%
0
₹0
SUPER CASTINGS (BOMBAY) PRIVATE LIMITED
Total Bids
2
₹1.18 Cr
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
BALAJI ACCU-PRECI PARTS PRIVATE LIMITED
0.0% win rate
2
₹8.45 Lakh
2
100.0%
0
₹0
BALAJI ACCU-PRECI PARTS PRIVATE LIMITED
Total Bids
2
₹8.45 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL65990MH1982PLC028822
Class
Public
Status
Active
Founded1982

Financial Details

Authorized Capital₹5.0Cr
Paid-up Capital₹2.6Cr

Registered Office

202,2ND FLOOR,A- WING, BLDG. NO.3, SIR M.V. ROAD, RAHUL MITTAL INDUSTRIAL ESTATE, ANDHERIEASTNA-MUMBAI-Maharashtra-400059-India


Industry Classification

Finance

NIC Code65990

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Listed
ROCROC Mumbai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

53

Qualified: 40
Q Rate: 75.5%

Contract Value

₹54.62 Cr

Avg. Bid: ₹56.32 Lakh
Avg. EMD: ₹0

L1 Bids

14

Win Rate: 26.4%
Q to W Ratio: 35.0%

Recent Win Rate

35.7%

Change: +8.8%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

Nitin Castings Limited: Government Tender Analysis

Executive Summary:

Nitin Castings Limited demonstrates a solid presence in the Indian government tender landscape. From April 2018 to March 2025, the company participated in 53 tenders, securing a 26.4% win rate. Notably, during FY2024-25, Nitin Castings achieved a win rate of 35.7%, securing contracts worth ₹15.06 crore. Their financial health is assessed as 'Satisfactory' with a score of 57.1/100, based on factors like win rate, contract value, bid efficiency, growth, and consistency.

The company's market positioning is competitive, particularly within the Ministry of Steel and Ministry of Defence sectors. Their primary department engagement is with Steel Authority of India Limited, showcasing expertise in related procurement.


Financial Performance Analysis

Nitin Castings Limited's financial performance in government tenders reveals a fluctuating but overall positive trend. Analyzing yearly trends indicates consistent engagement with procurement opportunities, with notable growth in contract values over time.

Yearly Trends: