Rainbow Advanced Composites Private Limited: Comprehensive Tender Performance Analysis

Executive Summary

Rainbow Advanced Composites Private Limited is emerging as a notable player in the Indian government tender landscape, particularly within the Ministry of Defence. With participation in 7 tenders between April 2018 and March 2025, the company has demonstrated a 14.3% win rate, securing 1 L1 position. Notably, their technical qualification rate stands at 85.7%, indicating strong compliance with tender requirements. During FY2021-22, the company secured contracts worth ₹65,94,000, showcasing initial success in converting bids into won contracts. However, the financial health score of 37.6 suggests areas for improvement, particularly in win rate and contract value consistency. The company's primary focus lies within the Department of Defence Research & Development, indicating a specialized procurement strategy.

The company's performance, as assessed by TenderAI analysis, reveals a mixed picture. While demonstrating a robust qualification rate, the low win rate and fluctuating contract values point to competitive challenges and the need for strategic adjustments. Understanding these key performance metrics is crucial for Rainbow Advanced Composites to enhance its market positioning and secure more government contracts in the future. By focusing on targeted improvements in bid strategy, pricing, and diversification of departmental engagement, Rainbow Advanced Composites can improve its success rate in the Indian government procurement landscape. The company's strengths in technical qualification provide a solid foundation for building a more competitive and sustainable tender strategy.

Financial Performance Analysis

Yearly Trends