pioneer abrasives private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 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 5 bids — UTKAL FERRO PRODUCTS appeared in 3 of them.
PIONEER ABRASIVES PRIVATE LIMITED
PIONEER ABRASIVES PRIVATE LIMITED
Financial Details
Registered Office
2A,GANESH CHANDRA AVENUE 9THFLOOR,ROOM NO-10NA-KOLKATA-West Bengal-700013-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
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
41
Contract Value
₹11.05 Cr
L1 Bids
12
Recent Win Rate
60.0%
Performance Analytics
PIONEER ABRASIVES PRIVATE LIMITED: Comprehensive Government Tender Analysis
Pioneer Abrasives Private Limited, a prominent abrasives supplier, has established a significant presence in the Indian government procurement landscape. This report provides a comprehensive TenderAI analysis of their tender performance, financial health, and competitive positioning, focusing on data from April 2018 to March 2025. Pioneer Abrasives, with 41 bids submitted, demonstrates active participation in the public sector. Key performance indicators include a 29.3% win rate, securing 12 L1 positions. Their total secured government contract value stands at ₹11,04,58,645, reflecting a 100.0% conversion rate of bid value to won contracts. A financial health assessment by TenderAI assigns a score of 44.5/100, categorized as 'Concerning', with strengths in win rate and bid efficiency offset by weaknesses in contract value and consistency. Pioneer Abrasives specializes in tenders related to Steel Shots, particularly in West Bengal, showing a geographical focus. Their primary engagement is with the Ministry of Defence, specifically the Department of Defence Production, showcasing their expertise in this sector. This analysis is tailored for government procurement officers, industry stakeholders, and investors seeking insights into Pioneer Abrasives' capabilities and market potential.
Financial Performance Analysis
Yearly Trends
Pioneer Abrasives' financial performance in government tenders shows notable trends over the fiscal years. From FY 2018-19 to FY 2021-22, the company had no bidding activity. FY 2022-23 saw a significant entry with 8 bids, achieving a 50.0% win rate, and securing contracts worth ₹78,68,395. FY 2023-24 marked an increase in bidding activity with 28 bids, but the win rate decreased to 17.9%, securing contracts worth ₹9,48,17,479. The latest year, FY 2024-25, shows a rebound in win rate to 60.0% with 5 bids, securing contracts worth ₹77,72,771. The year-on-year growth analysis reveals substantial contract value growth in FY 2023-24 (1105.0%), followed by a sharp decline in FY 2024-25 (-91.8%).
Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value (₹) |
---|---|---|---|---|
FY 2018-19 | 0 | 0 | 0.0% | 0.0 |
FY 2019-20 | 0 | 0 | 0.0% | 0.0 |
FY 2020-21 | 0 | 0 | 0.0% | 0.0 |