SHREE SAI OIL FIELD SERVICES PRIVATE LIMITED
Company Overview
Total Bids
3
Contract Value
₹11.23 Cr
L1 Bids
0
Historical Bids (Since 2018)
9
Participated Tenders
Custom Bid for Services - Hiring services for SRP units handling and allied activities at ONGC Camb
Custom Bid for Services - Hiring the services for Maintenance Commissioning Dismantling and Install
Custom Bid for Services - Hiring Services of Sucker Rod Pumping Unit SRP Hydraulic Sucker Rod Pumpi
Shree Sai Oil Field Services Private Limited is establishing its presence in India's government tender ecosystem with participation in 9 tenders between April 2018 and March 2025. This analysis examines their tender participation, technical qualification rate, and procurement strategy. Key performance metrics include a 11.1% win rate, a 77.8% qualification rate, and ₹42.15 crore in secured contract value.
Financial Health Assessment: TenderAI's financial health score for Shree Sai Oil Field Services is 38.1/100, categorized as 'Concerning'. This score considers win rate (27.8), contract value (100), bid efficiency (20.0), growth (0), and consistency (38.3).
Market Positioning: Shree Sai Oil Field Services operates in the oil field services sector. Their tender landscape includes engagement with the Ministry of Petroleum and Natural Gas, and departments like NA, GAIL India Limited, and Oil India Limited.
Financial Performance Analysis
Shree Sai Oil Field Services demonstrates mixed financial performance across recent fiscal years. A comparison of yearly trends highlights strengths and weaknesses:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |
|---|---|---|---|---|---|
| FY 2021-22 | 1 | 0 | 100.0% | 0.0% | ₹3.78 crore |
| FY 2022-23 | 3 | 0 | 100.0% | 0.0% | ₹13.30 crore |
| FY 2023-24 | 3 | 1 | 100.0% | 33.3% | ₹16.92 crore |
| FY 2024-25 | 2 | 0 | 0.0% | 0.0% | ₹8.16 crore |
The bid distribution across price ranges from April 2023 to March 2024 shows a concentration of bids in the ₹4.1 crore range, with fewer bids in higher value ranges.
Product/Service Category Performance
Data unavailable to analyze specific product/service category performance.
Geographical & Departmental Distribution
Shree Sai Oil Field Services' tender participation is focused on the Ministry of Petroleum and Natural Gas. Their primary departments include NA, Gail India Limited, and Oil India Limited.
Competitive Analysis
From January 2022 to December 2023, Shree Sai Oil Field Services faces strong competition from:
- POLY DRILL ENGINEERS PVT LTD: Encountered in 5 tenders, with a 20.0% win rate against them.
- SATYA OIL FIELD SERVICES PRIVATE LIMITED: Encountered in 5 tenders, with a 60.0% win rate against them.
- AAKASH EXPLORATION SERVICES LIMITED: Encountered in 3 tenders, with a 33.3% win rate against them.
SWOT Analysis of Shree Sai Oil Field Services
- Strengths: Solid technical qualification rate (77.8%).
- Weaknesses: Low overall win rate (11.1%), concerning financial health score.
- Opportunities: Expand bidding activity with NA, OIL INDIA Limited, increase participation in underserved bid ranges.
- Threats: Strong competition from POLY DRILL ENGINEERS PVT LTD, SATYA OIL FIELD SERVICES PRIVATE LIMITED, and AAKASH EXPLORATION SERVICES LIMITED.
Strategic Recommendations
- Implement a more selective bid strategy focusing on winnable tenders.
- Establish a pre-bid qualification process to improve the bid-to-win ratio.
- Develop targeted business development plans for high-value departments.
Future Growth Outlook
Based on historical trends and sector dynamics, Shree Sai Oil Field Services has the potential for growth if they address their low win rate and improve bid efficiency. Strategic focus on high-value departments and underserved bid ranges will be critical for success.