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rhi magnesita india refractories limited Tender Performance & Track Record

CIN: U26100TN2018PLC125133
Active
Public
Company limited by shares

rhi magnesita india refractories limited

Tender Performance & Track Record

CIN: U26100TN2018PLC125133
Active
Public
Company limited by shares

Company Overview

Summary
RHI Magnesita India Refractories Limited: Business Analysis and Strategic Outlook RHI Magnesita India Refractories Limited demonstrates a significant presence in the Indian refractories market, particularly within the government procurement sector. This report provides an in-depth business analysis, evaluating financial performance, competitive landscape, and strategic opportunities for growth. Despite securing contracts worth ₹1.6 Billion and achieving a qualification rate of 89.5%, the company faces challenges with a win rate of 18.75%. This analysis aims to identify key areas for improvement and strategic realignment to enhance market positioning and financial outcomes.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Founded: 2018State: TAMIL NADU
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited
Founded:2018
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids18
Value₹207.86Cr

Qualified Bids / Q Rate

Bids16
Q Rate88.9%

Total Wins / Win Value

Win3
Value₹65.07Cr

Wins Rate / Q-W Rate

Rate16.7%
Q-W Rate18.8%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

23.1% win rate
13
₹204.27 Cr
13
3
₹65.07 Cr

Ministry of Steel

Bids
13
₹204.27 Cr
Qualified
13
Wins
3
₹65.07 Cr
23.1% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
3
₹3.35 Cr
3
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
3
₹3.35 Cr
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Defence

0.0% win rate
2
₹23.06 Lakh
0
0
₹0

Ministry of Defence

Bids
2
₹23.06 Lakh
Qualified
0
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 18 bids — TRL KROSAKI REFRACTORIES LIMITED appeared in 10 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

RHI MAGNESITA INDIA REFRACTORIES LIMITED

Your Company
16.7% win rate
18
₹207.86 Cr
16
88.9%
3
₹65.07 Cr

RHI MAGNESITA INDIA REFRACTORIES LIMITED

Your Company
Total Bids
18
₹207.86 Cr
Qualified
16
88.9%
Wins
3
₹65.07 Cr
16.7% win rate
TRL KROSAKI REFRACTORIES LIMITED
10.0% win rate
10
₹158.46 Cr
10
100.0%
1
₹15.59 Cr
TRL KROSAKI REFRACTORIES LIMITED
Total Bids
10
₹158.46 Cr
Qualified
10
100.0%
Wins
1
₹15.59 Cr
10.0% win rate
VICS INDUSTRIES PRIVATE LIMITED
33.3% win rate
3
₹11.28 Cr
2
66.7%
1
₹6.87 Cr
VICS INDUSTRIES PRIVATE LIMITED
Total Bids
3
₹11.28 Cr
Qualified
2
66.7%
Wins
1
₹6.87 Cr
33.3% win rate
CALDERYS INDIA REFRACTORIES LIMITED
33.3% win rate
3
₹2.61 Cr
3
100.0%
1
₹1.39 Cr
CALDERYS INDIA REFRACTORIES LIMITED
Total Bids
3
₹2.61 Cr
Qualified
3
100.0%
Wins
1
₹1.39 Cr
33.3% win rate
KHEMKA REFRACTORIES PRIVATE LIMITED
33.3% win rate
3
₹2.46 Cr
2
66.7%
1
₹33.78 Lakh
KHEMKA REFRACTORIES PRIVATE LIMITED
Total Bids
3
₹2.46 Cr
Qualified
2
66.7%
Wins
1
₹33.78 Lakh
33.3% win rate
SKG REFRACTORIES LIMITED
25.0% win rate
4
₹4.51 Cr
3
75.0%
1
₹10.38 Lakh
SKG REFRACTORIES LIMITED
Total Bids
4
₹4.51 Cr
Qualified
3
75.0%
Wins
1
₹10.38 Lakh
25.0% win rate
CHAMPION CERAMICS PVT LTD.,
0.0% win rate
7
₹79.27 Cr
7
100.0%
0
₹0
CHAMPION CERAMICS PVT LTD.,
Total Bids
7
₹79.27 Cr
Qualified
7
100.0%
Wins
0
₹0
0.0% win rate
PKV REFRACTORY PRIVATE LIMITED
0.0% win rate
3
₹2.03 Cr
1
33.3%
0
₹0
PKV REFRACTORY PRIVATE LIMITED
Total Bids
3
₹2.03 Cr
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
REFCOM (INDIA) PVT LTD
0.0% win rate
3
₹63.77 Lakh
3
100.0%
0
₹0
REFCOM (INDIA) PVT LTD
Total Bids
3
₹63.77 Lakh
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
INDUSTRIAL ASSOCIATES
0.0% win rate
2
₹1.73 Cr
1
50.0%
0
₹0
INDUSTRIAL ASSOCIATES
Total Bids
2
₹1.73 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
VESUVIUS INDIA LTD
0.0% win rate
2
₹1.90 Cr
1
50.0%
0
₹0
VESUVIUS INDIA LTD
Total Bids
2
₹1.90 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU26100TN2018PLC125133
Class
Public
Status
Active
Founded2018

Financial Details

Authorized Capital₹1.3B
Paid-up Capital₹1.0B

Registered Office

Dalmiapuram, Lalgudi District TiruchirapalliNA-CHENNAI-Tamil Nadu-621651-India


Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code26100

Company Type

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

Market Information

Listing Status
Unlisted
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

57

Qualified: 51
Q Rate: 89.5%

Contract Value

₹687.18 Cr

Avg. Bid: ₹21.69 Cr
Avg. EMD: ₹9.42 Lakh

L1 Bids

3

Win Rate: 5.3%
Q to W Ratio: 5.9%

Recent Win Rate

18.8%

Change: +18.8%
Period: FY 2024-25

Performance Analytics

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

RHI Magnesita India Refractories Limited: Business Analysis and Strategic Outlook

RHI Magnesita India Refractories Limited demonstrates a significant presence in the Indian refractories market, particularly within the government procurement sector. This report provides an in-depth business analysis, evaluating financial performance, competitive landscape, and strategic opportunities for growth. Despite securing contracts worth ₹1.6 Billion and achieving a qualification rate of 89.5%, the company faces challenges with a win rate of 18.75%. This analysis aims to identify key areas for improvement and strategic realignment to enhance market positioning and financial outcomes.

Executive Summary

RHI Magnesita India Refractories Limited showcases a mixed performance in government tenders. The company has participated in 57 government tenders, achieving a technical qualification rate of 89.5%. Despite this strong technical capability, the win rate stands at 5.3%, indicating a need for strategic adjustments. Financial performance highlights a total contract value of ₹6,87,17,78,296.0 secured from government contracts. However, recent trends indicate a decline in contract value growth, necessitating proactive strategies to maintain market share. This report delves into the financial performance, competitive analysis, SWOT assessment, and provides actionable strategic recommendations for RHI Magnesita India Refractories Limited to optimize its business operations and enhance its competitive edge in the refractories industry.

Financial Performance

Yearly Performance Analysis

The financial performance of RHI Magnesita India Refractories Limited varies across different financial years. Notably, FY 2024-25 shows a win rate of 18.75%, securing contracts worth ₹1,605,346,745.0. A detailed breakdown of yearly performance is presented below:

| Financial Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |