Prabhat Chemical Industries Government Tender Performance: A Business Analysis

With 297 government tender participations, Prabhat Chemical Industries demonstrates a significant presence in India's public procurement sector. This business analysis provides insights into their bidding performance, success patterns, and competitive positioning within the chemical industry tenders and lubricant supplier tenders landscape.

Proven L1 Bid Success: 102 Contract Wins

Prabhat Chemical Industries has secured 102 L1 positions, exhibiting a robust pricing and competitive bidding strategy. Their 34.3% win rate across 297 tenders reflects a strong track record in government procurement. Notably, they’ve engaged in 8 major procurement projects, underscoring their capacity for significant public sector work.

Financial Performance in Government Tenders

Participating in tenders valued at ₹1,17,02,84,457.0, Prabhat Chemical Industries has effectively converted bids into secured contracts. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating a keen understanding of the government contract wins process. Their average Earnest Money Deposit (EMD) of ₹94,151.71 supports their financial capacity to handle substantial tenders.

Strategic Regional and Sector Focus

The company maintains a regional presence in Madhya Pradesh, Rajasthan, and Andhra Pradesh, demonstrating a focused geographic procurement strategy. Their tender history shows engagement with Na, Indian Railways, and Materials Management, highlighting their experience in specific procurement sectors. Additionally, they’ve bid with Eastern Railway, Indian Air Force, and Southern Railway, indicating familiarity with diverse organizational requirements.