solarman engineering project private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 41 bids — SMVD GROUP SECURE SERVICES appeared in 11 of them.
SOLARMAN ENGINEERING PROJECT PRIVATE LIMITED
SOLARMAN ENGINEERING PROJECT PRIVATE LIMITED
Financial Details
Registered Office
6/14 INDUSTRIAL AREAKIRTI NAGARNA-NEW DELHI-Delhi-110015-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
155
Contract Value
₹56.10 Cr
L1 Bids
33
Recent Win Rate
28.2%
Performance Analytics
Solarman Engineering Project Private Limited: Business Analysis & Strategic Insights
This comprehensive business analysis report delves into the government tender performance of Solarman Engineering Project Private Limited, highlighting its strengths, weaknesses, opportunities, and threats in the competitive landscape. With a 28.21% win rate and ₹20.78 Crores in secured contracts in the latest financial period, Solarman Engineering demonstrates a stable yet promising presence in the government sector. This analysis provides actionable recommendations for optimizing their bidding strategy and maximizing their market potential within the manufacturing (machinery & equipments) industry.
Executive Summary
Solarman Engineering Project Private Limited displays a satisfactory financial health score of 64.0/100. The company has shown consistent engagement in government tenders, participating in 155 bids since FY 2018-19. Their success is marked by 33 L1 bids and a conversion of ₹56,09,59,461.0 in bid value to won contracts. The company's performance is notable in Madhya Pradesh government tenders and engagement with key organizations like Ntpc Limited.
This report analyzes Solarman Engineering's financial performance, competitive positioning, and internal capabilities to provide strategic recommendations for sustainable growth in the government procurement sector.
Financial Performance
Key Performance Indicators
- Win Rate: A moderate win rate of 28.21% in the latest financial year (FY 2024-25).