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refex industries limited Tender Performance & Track Record

CIN: L45200TN2002PLC049601
Active
Public
Company limited by shares

refex industries limited

Tender Performance & Track Record

CIN: L45200TN2002PLC049601
Active
Public
Company limited by shares

Company Overview

Summary
Refex Industries Limited Business Analysis: Maximizing Tender Success Refex Industries Limited, a prominent player in the construction sector, demonstrates strategic engagement in India's public procurement landscape, participating in 85 government tenders. This comprehensive business analysis provides insights into their bidding performance, competitive positioning, and strategic recommendations to enhance their success in securing government contracts. Despite a financial health score that is concerning (47.8), there are opportunities for growth.
Primary Ministry: Ministry of PowerPrimary Department: NTPC SAIL Power Company Ltd
Founded: 2002State: TAMIL NADU
Primary Ministry:
Ministry of Power
Primary Department:
NTPC SAIL Power Company Ltd
Founded:2002
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids72
Value₹4546.30Cr

Qualified Bids / Q Rate

Bids71
Q Rate98.6%

Total Wins / Win Value

Win7
Value₹761.19Cr

Wins Rate / Q-W Rate

Rate9.7%
Q-W Rate9.9%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Power

9.9% win rate
71
₹4537.10 Cr
70
7
₹761.19 Cr

Ministry of Power

Bids
71
₹4537.10 Cr
Qualified
70
Wins
7
₹761.19 Cr
9.9% win rate

Ministry of Mines

0.0% win rate
1
₹9.20 Cr
1
0
₹0

Ministry of Mines

Bids
1
₹9.20 Cr
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 72 bids — SHRI SOURAB SAGAR TRADING CO. PRIVATE LIMITED appeared in 56 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

REFEX INDUSTRIES LIMITED

Your Company
9.7% win rate
72
₹4546.30 Cr
71
98.6%
7
₹761.19 Cr

REFEX INDUSTRIES LIMITED

Your Company
Total Bids
72
₹4546.30 Cr
Qualified
71
98.6%
Wins
7
₹761.19 Cr
9.7% win rate
SHRI SOURAB SAGAR TRADING CO. PRIVATE LIMITED
14.3% win rate
56
₹3731.68 Cr
51
91.1%
8
₹883.89 Cr
SHRI SOURAB SAGAR TRADING CO. PRIVATE LIMITED
Total Bids
56
₹3731.68 Cr
Qualified
51
91.1%
Wins
8
₹883.89 Cr
14.3% win rate
AHAR INFRA LOGISTICS PRIVATE LIMITED
15.6% win rate
32
₹2795.52 Cr
32
100.0%
5
₹728.47 Cr
AHAR INFRA LOGISTICS PRIVATE LIMITED
Total Bids
32
₹2795.52 Cr
Qualified
32
100.0%
Wins
5
₹728.47 Cr
15.6% win rate
GLOBAL IMPEX
6.1% win rate
33
₹2217.28 Cr
27
81.8%
2
₹258.25 Cr
GLOBAL IMPEX
Total Bids
33
₹2217.28 Cr
Qualified
27
81.8%
Wins
2
₹258.25 Cr
6.1% win rate
NKAS SERVICES PRIVATE LIMITED
5.3% win rate
57
₹4206.08 Cr
57
100.0%
3
₹108.14 Cr
NKAS SERVICES PRIVATE LIMITED
Total Bids
57
₹4206.08 Cr
Qualified
57
100.0%
Wins
3
₹108.14 Cr
5.3% win rate
RM INFRASTRUCTURES
10.8% win rate
37
₹2754.59 Cr
37
100.0%
4
₹106.46 Cr
RM INFRASTRUCTURES
Total Bids
37
₹2754.59 Cr
Qualified
37
100.0%
Wins
4
₹106.46 Cr
10.8% win rate
JPW INFRATECH PRIVATE LIMITED
2.7% win rate
37
₹3567.88 Cr
35
94.6%
1
₹88.24 Cr
JPW INFRATECH PRIVATE LIMITED
Total Bids
37
₹3567.88 Cr
Qualified
35
94.6%
Wins
1
₹88.24 Cr
2.7% win rate
NAVKAR GLOBAL INFRA
3.5% win rate
58
₹3895.74 Cr
54
93.1%
2
₹51.74 Cr
NAVKAR GLOBAL INFRA
Total Bids
58
₹3895.74 Cr
Qualified
54
93.1%
Wins
2
₹51.74 Cr
3.5% win rate
SHREE PASHUPATI NATH TRANSPORT
3.0% win rate
33
₹2427.18 Cr
33
100.0%
1
₹47.25 Cr
SHREE PASHUPATI NATH TRANSPORT
Total Bids
33
₹2427.18 Cr
Qualified
33
100.0%
Wins
1
₹47.25 Cr
3.0% win rate
OM SHARDA LOGISTICS PRIVATE LIMITED
2.7% win rate
37
₹2437.73 Cr
35
94.6%
1
₹40.47 Cr
OM SHARDA LOGISTICS PRIVATE LIMITED
Total Bids
37
₹2437.73 Cr
Qualified
35
94.6%
Wins
1
₹40.47 Cr
2.7% win rate
M/S UNITED COAL CARRIERS
0.0% win rate
30
₹2398.11 Cr
30
100.0%
0
₹0
M/S UNITED COAL CARRIERS
Total Bids
30
₹2398.11 Cr
Qualified
30
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL45200TN2002PLC049601
Class
Public
Status
Active
Founded2002

Financial Details

Authorized Capital₹40.0Cr
Paid-up Capital₹22.1Cr

Registered Office

Ground Floor, Bascon Futura IT Park, New No 10/2 Old No 56L, Venkat Narayana Road, T NagarNA-Chennai-Tamil Nadu-600017-India

Industry Classification

Construction

NIC Code45200

Company Type

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

Market Information

Listing Status
Listed
ROCROC Chennai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

86

Qualified: 85
Q Rate: 98.8%

Contract Value

₹6403.20 Cr

Avg. Bid: ₹106.22 Cr
Avg. EMD: ₹38.00 Lakh

L1 Bids

9

Win Rate: 10.5%
Q to W Ratio: 10.6%

Recent Win Rate

10.7%

Change: +3.3%
Period: FY 2024-25

Performance Analytics

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

Refex Industries Limited Business Analysis: Maximizing Tender Success

Refex Industries Limited, a prominent player in the construction sector, demonstrates strategic engagement in India's public procurement landscape, participating in 85 government tenders. This comprehensive business analysis provides insights into their bidding performance, competitive positioning, and strategic recommendations to enhance their success in securing government contracts. Despite a financial health score that is concerning (47.8), there are opportunities for growth.

Executive Summary

Refex Industries Limited exhibits a 10.6% win rate across 85 tender participations, securing significant government contracts. The company's total contract value stands at ₹63.39 Billion, demonstrating their capability to handle high-value projects. However, a detailed competitive analysis reveals opportunities for improved bidding strategies and enhanced market positioning within the construction industry. This report provides actionable recommendations to optimize Refex Industries Limited's financial performance and competitive edge.

Financial Performance of Refex Industries Limited

Key Financial Metrics

  • Total Contract Value: Refex Industries Limited has secured ₹63,39,16,92,166.0 in government contract value, showcasing their ability to win significant projects.
  • Win Rate: With a 10.6% win rate, there is room for improvement in converting bids into successful contracts. Efforts to increase their win rate by focusing on strategic tenders are recommended.
  • Average Earnest Money Deposit (EMD): An average EMD of ₹3,500,000.0 indicates the company's financial capacity to participate in substantial government tenders.