somi conveyor beltings 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 36 bids — FORECH INDIA PRIVATE LIMITED appeared in 18 of them.
SOMI CONVEYOR BELTINGS LIMITED
SOMI CONVEYOR BELTINGS LIMITED
Financial Details
Registered Office
4F-15,OLIVER HOUSE, NEW POWER HOUSE,NA-JODHPUR-Rajasthan-342003-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
127
Contract Value
₹418.24 Cr
L1 Bids
44
Recent Win Rate
36.4%
Performance Analytics
SOMI Conveyor Beltings Limited: Business Analysis and Strategic Insights
SOMI Conveyor Beltings Limited demonstrates a strong presence in the government tender landscape. This comprehensive business analysis highlights key performance indicators, competitive positioning, and strategic recommendations for sustained growth. With a proven 34.6% win rate across 127 government tender participations, SOMI Conveyor Beltings has established a reliable track record in India's public procurement sector. Their participation in 21 major procurement projects underscores their capacity to handle significant public sector work.
Executive Summary
SOMI Conveyor Beltings Limited showcases promising financial performance in the government sector. Key highlights include:
- A 34.6% overall win rate, indicating effective bidding strategies.
- Total secured government contract value of ₹4,18,24,05,810.0, reflecting a 100% conversion rate of bid value to won contracts.
- Strong technical qualification rate of 90.6%, demonstrating consistent compliance with tender requirements.
Despite these strengths, a recent decline in win rate and challenges in specific bid ranges require strategic adjustments. This analysis provides actionable insights to optimize SOMI Conveyor's competitive positioning and drive future growth in the conveyor beltings industry.