sb steel refractories 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 11 bids — INDUSTRIAL ASSOCIATES appeared in 7 of them.
SB STEEL REFRACTORIES PRIVATE LIMITED
SB STEEL REFRACTORIES PRIVATE LIMITED
Financial Details
Registered Office
APCAR GARDENBURDWANNA-ASANSOL-West Bengal-713304-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
32
Contract Value
₹21.73 Cr
L1 Bids
15
Recent Win Rate
50.0%
Performance Analytics
SB STEEL REFRACTORIES PRIVATE LIMITED: Comprehensive Tender Performance Analysis
SB STEEL REFRACTORIES PRIVATE LIMITED has established a strong presence in the Indian government procurement landscape, particularly within the steel industry. This report provides an in-depth analysis of their tender performance, financial health, competitive positioning, and strategic opportunities, focusing on the period from FY2018-19 to FY2024-25.
Executive Summary
SB STEEL REFRACTORIES PRIVATE LIMITED demonstrates commendable performance in government tenders, achieving a 45.2% win rate based on 31 bids submitted. Notably, the company secured 14 L1 positions, signifying its ability to offer competitive pricing. Their technical qualification rate stands at 93.5%, indicating strong compliance with government tender requirements. From FY2021-22 to FY2024-25, the company has shown a fluctuating but overall positive trajectory in contract value. The Financial Health Score assessed by TenderAI is 85.2, rated as 'Excellent,' reflecting strong win rate, contract value, bid efficiency, growth, and consistency.
Their market positioning is dominant in the steel refractory sector, particularly within West Bengal and with organizations like Steel Authority of India Limited (SAIL). They are primarily engaged with the Ministry of Steel and its associated departments. The company must optimize pricing strategies for specific bid ranges and enhance competitive intelligence to maintain and improve its market position.SB Steel Refractories should focus on improve their tender success rate with low win rate competitors.
Financial Performance Analysis
SB STEEL REFRACTORIES PRIVATE LIMITED's financial performance in government tenders reveals several key trends:
- Yearly Trends: From FY2018-19 to FY2020-21, the company had no participation in government tenders. Starting FY2021-22, they bid on 11 tenders, winning 7 with a total contract value of ₹7,71,78,184.0. Performance peaked in FY2021-22 with a win rate of 63.64%, before adjusting to 42.86% in FY2024-25, where they won 3 out of 7 bids, securing contracts worth ₹5,59,72,679.0. The financial year FY2022-23 saw a contract value of ₹3,42,70,996.0.