Government Tender Analysis: Steelfab Engineering Private Limited

Steelfab Engineering Private Limited has participated in 34 government tenders, demonstrating their presence in the Indian public sector procurement landscape. This tender performance analysis, powered by TenderAI analysis, provides a comprehensive overview of Steelfab's bidding activities, qualification rates, competitive positioning, and areas of specialization. The report is specifically tailored for Indian government procurement officers, industry stakeholders, and investors seeking insights into Steelfab Engineering's government contracts performance.

Executive Summary

Steelfab Engineering Private Limited's government tender journey reveals a developing presence in the Indian public sector. Key performance metrics from April 2018 to March 2025 indicate a win rate of 5.9% (2 out of 34 bids) and a qualification rate of 70.6% (24 out of 34 bids). The total value of contracts bid upon amounts to ₹7,81,71,610, with successful contract value of ₹7,81,71,610. Financial health assessment by TenderAI reveals a "Critical" score of 12.2/100, indicating challenges in key areas such as win rate, contract value, bid efficiency, and growth. Their market positioning is characterized by a relatively weak competitive stance with a notable presence in tenders from the Ministry of Petroleum and Natural Gas. The insights derived from TenderAI analysis are intended to guide strategic decision-making, enhance operational efficiency, and improve Steelfab Engineering Private Limited's overall competitiveness in the dynamic landscape of Indian government tenders.

Financial Performance Analysis

This section assesses Steelfab Engineering's financial performance in government tenders across various fiscal years and quarters.

Yearly Trends

The following table summarizes Steelfab Engineering's yearly performance from FY2018-19 to FY2024-25: