ring forgings private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 70 bids — ALKA FORGINGS appeared in 12 of them.
RING FORGINGS PRIVATE LIMITED
RING FORGINGS PRIVATE LIMITED
Financial Details
Registered Office
A-283/284, 6TH MAIN, 2ND STAGE, PEENYA INDUSTRIAL ESTATE,NA-BANGALORE-Karnataka-560058-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
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
205
Contract Value
₹29.44 Cr
L1 Bids
54
Recent Win Rate
19.6%
Performance Analytics
Ring Forgings Private Limited: Comprehensive Business Analysis
This detailed business analysis report examines the performance of Ring Forgings Private Limited within the context of the Indian manufacturing sector, focusing on their participation in government tenders. The analysis covers financial performance, competitive positioning, and strategic recommendations to drive sustainable business growth. Ring Forgings demonstrates a strong presence in the government tender landscape, with significant engagement in the public procurement sector. This comprehensive report provides insights into their performance, patterns, and competitive strategies within the forgings industry.
Executive Summary
Ring Forgings Private Limited has demonstrated a commendable track record in securing government contracts. The company has a 26.5% win rate across 204 tender participations, indicating a strategic approach to public procurement. They have secured 54 L1 positions, showcasing competitive bid strategies. Although the latest financial period shows a 68.5% decline compared to the previous period, the overall financial health is rated as 'Satisfactory' with a score of 51.4/100. This report identifies key areas for improvement and provides strategic recommendations to enhance Ring Forgings' competitive edge.
Financial Performance Analysis
This section delves into the financial performance of Ring Forgings Private Limited, analyzing key metrics and trends observed in their government tender participations.
Key Financial Metrics
- Total Contract Value: Ring Forgings has secured contracts worth ₹293,617,408.0 from 204 bids.