race power construction and engineering private 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 4 bids — SUDHIR KUMAR SINGH appeared in 2 of them.
RACE POWER CONSTRUCTION AND ENGINEERING PRIVATE LIMITED
RACE POWER CONSTRUCTION AND ENGINEERING PRIVATE LIMITED
Financial Details
Registered Office
HOUSE NO.-1, WARD NO.-31 JHOUSAGARHINA-DEOGHAR-Jharkhand-814112-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
4
Contract Value
₹11.05 Cr
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
Race Power Construction and Engineering: Government Tender Performance Analysis
Race Power Construction and Engineering Private Limited is establishing its presence in India's government tender ecosystem. With participation in 4 tenders in FY2024-25, this analysis examines their early tender participation, high technical qualification rate, and procurement strategy. Between April 2024 and March 2025, the company bid on contracts valued at ₹11,05,25,038.0, demonstrating significant interest in public sector projects. While their win rate is currently 0.0%, their 100.0% qualification rate indicates a strong ability to meet technical requirements.
Financial Performance Overview (FY2024-25)
Race Power Construction has focused its tender participation on the Department of Food and Public Distribution. Although no wins have been secured as of yet, the company has bid on tenders with a total contract value of ₹11,05,25,038.0. Their financial health assessment by TenderAI reveals a 'Critical' score of 22.5/100, indicating potential areas for improvement in bid efficiency and contract value acquisition. The company's strengths lie in its high qualification rate, showing it can meet government tender requirements. However, a low win rate indicates challenges in competitive pricing or bid strategy.
Market Positioning and Strategic Focus
Race Power Construction is currently in an early exploration phase, with a focus on tenders from the Ministry of Consumer Affairs, Food and Public Distribution, specifically the Department of Food and Public Distribution. Their strong technical qualification rate suggests a clear understanding of procurement specifications. The company's performance is benchmarked against competitors such as NIGAM KRISHNA SINGH and M/S SHIV SHAKTI ENTERPRISES, highlighting the need for strategic adjustments to improve win rates and market share. The early-stage data serves as a baseline for measuring future procurement success.
Financial Performance Analysis
Race Power Construction's financial performance in government tenders is segmented by fiscal year, starting from FY2018-19 to FY2024-25. As of FY2024-25, the company participated in 4 bids with a total contract value of ₹11,05,25,038.0. However, prior to FY2024-25, there was no tender participation or contract value. This demonstrates a recent entry into the government tender market. The yearly trends indicate a stable but challenging financial performance. A year-on-year comparison is shown below: