Royal Steel Pipes Private Limited: Government Tender Analysis

Executive Summary:
Royal Steel Pipes Private Limited has actively participated in the Indian government tender landscape, demonstrating a mixed yet promising performance. Analysis of their tender activities from April 2018 to March 2025 reveals a overall win rate of 13.6% across 59 bids, securing a total contract value of ₹6,77,75,681.6. Notably, the company achieved a 66.1% qualification rate highlighting its technical competence in meeting tender requirements. The financial health assessment by TenderAI indicates a "Concerning" status with a score of 37.4/100, reflecting areas for improvement in bid efficiency and growth. While their average bid amount is ₹1,15,32,257.00, strategic focus on high-value tenders and key ministries could drive significant revenue growth for Royal Steel Pipes. Their top departments include Steel Authority of India Limited, Department of Heavy Industry, and Department of Social Justice and Empowerment, where focused efforts can yield better results. By leveraging its strengths and addressing its weaknesses, Royal Steel Pipes Private Limited can significantly improve its competitive positioning in the Indian government procurement sector.

Financial Performance Analysis

Royal Steel Pipes' financial performance in government tenders has varied across fiscal years. Here's a breakdown: