north eastern drilling and workover services co pvt ltd
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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 3 bids — NATIONAL OIL FIELDSERVICES appeared in 1 of them.
NORTH EASTERN DRILLING AND WORKOVER SERVICES CO PVT LTD
NORTH EASTERN DRILLING AND WORKOVER SERVICES CO PVT LTD
Financial Details
Registered Office
PALTAN BAZARNA-DIBRUGARH-Assam-786001-India
Industry Classification
Construction
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
23
Contract Value
₹247.34 Cr
L1 Bids
8
Recent Win Rate
0.0%
Performance Analytics
NORTH EASTERN DRILLING AND WORKOVER SERVICES CO PVT LTD: Business Analysis & Government Tender Performance
This report provides a comprehensive business analysis and SEO-optimized overview of NORTH EASTERN DRILLING AND WORKOVER SERVICES CO PVT LTD, focusing on their performance in government tenders. The analysis covers financial metrics, competitive positioning, a SWOT analysis, and strategic recommendations for improved performance in the oil and gas industry.
Executive Summary
NORTH EASTERN DRILLING AND WORKOVER SERVICES CO PVT LTD demonstrates a solid presence in the government tender landscape with a 34.8% win rate across 23 bids. They have secured significant contracts with a total value of ₹2,47,34,47,769.0, primarily within the Ministry of Petroleum and Natural Gas, specifically with Oil India Limited. Their technical qualification rate stands at 82.6%, indicating strong compliance capabilities. While their financial health is rated as 'Good' (77.3/100), recent trends indicate a decline in win rate, highlighting the need for strategic adjustments. Understanding the oil and gas industry dynamics is crucial for maintaining a competitive edge.
Financial Performance of NORTH EASTERN DRILLING
This section analyzes the financial performance of NORTH EASTERN DRILLING AND WORKOVER SERVICES CO PVT LTD in government tenders. Key metrics include contract values, bid distribution, and financial trends.
Key Financial Metrics
- Total Contract Value: ₹2,47,34,47,769.0 secured from government contracts.