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parin furniture limited Tender Performance & Track Record

CIN: L36101GJ2006PLC049074
Active
Public
Company limited by shares

parin furniture limited

Tender Performance & Track Record

CIN: L36101GJ2006PLC049074
Active
Public
Company limited by shares

Company Overview

Summary
Parin Furniture Limited: Government Tender Performance Analysis Executive Summary: Parin Furniture Limited has demonstrated a notable presence in the Indian government procurement landscape, participating in 960 tenders overall. This analysis examines their tender performance, win patterns, and competitive positioning. Key performance highlights include a 22.4% win rate across all tenders from April 2018 to March 2025, with a significant recent spike to 40.0% in FY2024-25. Their technical qualification rate stands at an impressive 99.8%, indicating strong compliance with tender requirements. Financial health is assessed as 'Satisfactory' by TenderAI, with a score of 56.3/100, reflecting a balanced performance across win rate, contract value, and bid efficiency.
Primary Ministry: Ministry of Civil AviationPrimary Department: Airports Authority of India (AAI)
Founded: 2006State: GUJARAT
Primary Ministry:
Ministry of Civil Aviation
Primary Department:
Airports Authority of India (AAI)
Founded:2006
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids15
Value₹8.32Cr

Qualified Bids / Q Rate

Bids15
Q Rate100.0%

Total Wins / Win Value

Win6
Value₹5.58Cr

Wins Rate / Q-W Rate

Rate40.0%
Q-W Rate40.0%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Civil Aviation

42.9% win rate
14
₹8.25 Cr
14
6
₹5.58 Cr

Ministry of Civil Aviation

Bids
14
₹8.25 Cr
Qualified
14
Wins
6
₹5.58 Cr
42.9% win rate

Ministry of Labour and Employment

0.0% win rate
1
₹6.56 Lakh
1
0
₹0

Ministry of Labour and Employment

Bids
1
₹6.56 Lakh
Qualified
1
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 15 bids — GILCO INDIA PRIVATE LIMITED appeared in 13 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PARIN FURNITURE LIMITED

Your Company
40.0% win rate
15
₹8.32 Cr
15
100.0%
6
₹5.58 Cr

PARIN FURNITURE LIMITED

Your Company
Total Bids
15
₹8.32 Cr
Qualified
15
100.0%
Wins
6
₹5.58 Cr
40.0% win rate
GILCO INDIA PRIVATE LIMITED
53.9% win rate
13
₹7.60 Cr
10
76.9%
7
₹2.58 Cr
GILCO INDIA PRIVATE LIMITED
Total Bids
13
₹7.60 Cr
Qualified
10
76.9%
Wins
7
₹2.58 Cr
53.9% win rate
SOHAM IMPEX
7.7% win rate
13
₹6.45 Cr
5
38.5%
1
₹8.97 Lakh
SOHAM IMPEX
Total Bids
13
₹6.45 Cr
Qualified
5
38.5%
Wins
1
₹8.97 Lakh
7.7% win rate
PARIN ENTERPRISES LIMITED
0.0% win rate
15
₹8.32 Cr
15
100.0%
0
₹0
PARIN ENTERPRISES LIMITED
Total Bids
15
₹8.32 Cr
Qualified
15
100.0%
Wins
0
₹0
0.0% win rate
TRIDENT TECH ENTERPRISES
0.0% win rate
9
₹7.29 Cr
0
0.0%
0
₹0
TRIDENT TECH ENTERPRISES
Total Bids
9
₹7.29 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
RADHEY RADHEY ENTERPRISES
0.0% win rate
5
₹1.54 Cr
0
0.0%
0
₹0
RADHEY RADHEY ENTERPRISES
Total Bids
5
₹1.54 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
HANS FABRICATORS
0.0% win rate
3
₹2.94 Cr
0
0.0%
0
₹0
HANS FABRICATORS
Total Bids
3
₹2.94 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
DURIAN INDUSTRIES LIMITED
0.0% win rate
3
₹4.07 Cr
1
33.3%
0
₹0
DURIAN INDUSTRIES LIMITED
Total Bids
3
₹4.07 Cr
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
VAIBHAVI FURNITURE & FABRICATION
0.0% win rate
3
₹1.26 Cr
0
0.0%
0
₹0
VAIBHAVI FURNITURE & FABRICATION
Total Bids
3
₹1.26 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
0.0% win rate
3
₹2.93 Cr
1
33.3%
0
₹0
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Total Bids
3
₹2.93 Cr
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
ROOTS INDUSTRIES INDIA PRIVATE LIMITED
0.0% win rate
3
₹1.01 Cr
0
0.0%
0
₹0
ROOTS INDUSTRIES INDIA PRIVATE LIMITED
Total Bids
3
₹1.01 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL36101GJ2006PLC049074
Class
Public
Status
Active
Founded2006

Financial Details

Authorized Capital₹12.5Cr
Paid-up Capital₹11.1Cr

Registered Office

PLOT NO. 6,REVENUE SURVEY NO.149, NATIONAL HIGHWAY AT. VAVDI, GONDAL ROADNA-RAJKOT-Gujarat-360004-India

Industry Classification

Manufacturing (Others)

NIC Code36101

Company Type

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

Market Information

Listing Status
Listed
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

960

Qualified: 958
Q Rate: 99.8%

Contract Value

₹376.51 Cr

Avg. Bid: ₹64.30 Lakh
Avg. EMD: ₹0

L1 Bids

215

Win Rate: 22.4%
Q to W Ratio: 22.4%

Recent Win Rate

40.0%

Change: +6.7%
Period: FY 2024-25

Performance Analytics

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

Parin Furniture Limited: Government Tender Performance Analysis

Executive Summary:
Parin Furniture Limited has demonstrated a notable presence in the Indian government procurement landscape, participating in 960 tenders overall. This analysis examines their tender performance, win patterns, and competitive positioning. Key performance highlights include a 22.4% win rate across all tenders from April 2018 to March 2025, with a significant recent spike to 40.0% in FY2024-25. Their technical qualification rate stands at an impressive 99.8%, indicating strong compliance with tender requirements. Financial health is assessed as 'Satisfactory' by TenderAI, with a score of 56.3/100, reflecting a balanced performance across win rate, contract value, and bid efficiency. Parin Furniture shows a specialized focus in tenders related to NA, Department Of Health And Family Welfare, and Department Of Higher Education. The company's overall performance indicates a competitive, yet challenging position within the Indian government furniture procurement sector.

Financial Performance Analysis

Parin Furniture's financial performance in government tenders reveals a fluctuating yet generally positive trend. Analyzing the yearly performance from FY2018-19 to FY2024-25 shows consistent participation and a recent surge in win rate. The total contract value secured is ₹3,76,50,81,894 over the analyzed period.

Year-on-Year Performance:

Fiscal YearBid CountWin CountWin RateTotal Contract Value
FY 2018-193077022.8%₹12,85,40,254
FY 2019-203608122.5%₹16,92,38,275