RIBO Industries Private Limited: Government Tender Performance Analysis

RIBO Industries Private Limited is making strides in the Indian government tender landscape. This report provides an in-depth analysis of their tender performance based on data from April 2018 to March 2025. Key metrics include a 66.7% qualification rate and participation in 6 tenders with a total contract value of ₹4,15,12,823. While the win rate is currently 0.0%, the company demonstrates a strong ability to meet technical requirements. RIBO Industries focuses primarily on tenders related to the Ministry of Steel, particularly with the Steel Authority of India Limited. A TenderAI financial health assessment indicates a "Critical" status with a score of 30.0/100, highlighting areas for improvement in win rate and contract value conversion. The report identifies key competitors, assesses strengths and weaknesses, and provides strategic recommendations to enhance RIBO Industries' competitive positioning in the Indian government procurement market. The key primary ministry is Ministry of Steel

Financial Performance Analysis

RIBO Industries' financial performance in government tenders shows increasing activity in recent fiscal years. From FY2018-19 to FY2022-23, there was no tender participation. However, in FY2023-24, the company participated in 3 tenders, achieving a 100.0% qualification rate with a total contract value of ₹98,02,707. In FY2024-25, participation remained at 3 tenders, but the qualification rate decreased to 33.33%, with a total contract value of ₹3,17,10,116. There were no tender wins in either fiscal year. The company shows growth in bid participation and contract value from the last two financial years.

The bid distribution from April 2023 to March 2024 shows a focus on tenders in the ₹10,00,000 to ₹1,70,00,000 price ranges. One tender falls within the ₹10,00,000 range, another in the ₹50,00,000 range and a third one in the ₹1,70,00,000 range.

Here's a table comparing yearly performance: