nitin castings limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 19 bids — UNI-ABEX ALLOY PRODUCTS LIMITED appeared in 4 of them.
NITIN CASTINGS LIMITED
NITIN CASTINGS LIMITED
Financial Details
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
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
₹54.62 Cr
L1 Bids
14
Recent Win Rate
35.7%
Performance Analytics
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: