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sunflag iron and steel co ltd Tender Performance & Track Record

CIN: L27100MH1984PLC034003
Active
Public
Company limited by shares

sunflag iron and steel co ltd

Tender Performance & Track Record

CIN: L27100MH1984PLC034003
Active
Public
Company limited by shares

Company Overview

Summary
SUNFLAG IRON AND STEEL CO LTD: Business Analysis and Strategic Insights SUNFLAG IRON AND STEEL CO LTD, a prominent player in the Indian steel manufacturing sector, demonstrates a strong presence in government procurement. This comprehensive business analysis explores SUNFLAG's financial performance, competitive landscape, and strategic opportunities, providing actionable insights for sustainable growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 1984State: MAHARASHTRA
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:1984
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids24
Value₹594.90Cr

Qualified Bids / Q Rate

Bids23
Q Rate95.8%

Total Wins / Win Value

Win12
Value₹301.17Cr

Wins Rate / Q-W Rate

Rate50.0%
Q-W Rate52.2%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

52.4% win rate
21
₹582.67 Cr
21
11
₹299.97 Cr

Ministry of Defence

Bids
21
₹582.67 Cr
Qualified
21
Wins
11
₹299.97 Cr
52.4% win rate

Ministry of Heavy Industries and Public Enterprises

50.0% win rate
2
₹2.28 Cr
2
1
₹1.20 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹2.28 Cr
Qualified
2
Wins
1
₹1.20 Cr
50.0% win rate

PMO

0.0% win rate
1
₹9.95 Cr
0
0
₹0

PMO

Bids
1
₹9.95 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 24 bids — STEEL AUTHORITY OF INDIA LTD appeared in 19 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

SUNFLAG IRON AND STEEL CO LTD

Your Company
50.0% win rate
24
₹594.90 Cr
23
95.8%
12
₹301.17 Cr

SUNFLAG IRON AND STEEL CO LTD

Your Company
Total Bids
24
₹594.90 Cr
Qualified
23
95.8%
Wins
12
₹301.17 Cr
50.0% win rate
STEEL AUTHORITY OF INDIA LTD
36.8% win rate
19
₹582.62 Cr
19
100.0%
7
₹203.75 Cr
STEEL AUTHORITY OF INDIA LTD
Total Bids
19
₹582.62 Cr
Qualified
19
100.0%
Wins
7
₹203.75 Cr
36.8% win rate
SAARLOHA ADVANCED MATERIALS PRIVATE LIMITED
13.3% win rate
15
₹394.57 Cr
15
100.0%
2
₹78.91 Cr
SAARLOHA ADVANCED MATERIALS PRIVATE LIMITED
Total Bids
15
₹394.57 Cr
Qualified
15
100.0%
Wins
2
₹78.91 Cr
13.3% win rate
STAR WIRE (INDIA) LIMITED
33.3% win rate
3
₹12.23 Cr
3
100.0%
1
₹1.08 Cr
STAR WIRE (INDIA) LIMITED
Total Bids
3
₹12.23 Cr
Qualified
3
100.0%
Wins
1
₹1.08 Cr
33.3% win rate
KISCO CASTINGS (INDIA) LIMITED
0.0% win rate
7
₹259.31 Cr
0
0.0%
0
₹0
KISCO CASTINGS (INDIA) LIMITED
Total Bids
7
₹259.31 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
RAJESH METAL CORPORATION
0.0% win rate
6
₹90.74 Cr
1
16.7%
0
₹0
RAJESH METAL CORPORATION
Total Bids
6
₹90.74 Cr
Qualified
1
16.7%
Wins
0
₹0
0.0% win rate
ALKA FORGINGS
0.0% win rate
5
₹88.02 Cr
0
0.0%
0
₹0
ALKA FORGINGS
Total Bids
5
₹88.02 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
UNIMIX METAL CORPORATION
0.0% win rate
3
₹55.73 Cr
0
0.0%
0
₹0
UNIMIX METAL CORPORATION
Total Bids
3
₹55.73 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
INDIA INDUSTRIAL ENTERPRISES
0.0% win rate
3
₹109.72 Cr
3
100.0%
0
₹0
INDIA INDUSTRIAL ENTERPRISES
Total Bids
3
₹109.72 Cr
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
STORES SUPPLY (INDIA) AGENCY PVT LTD
0.0% win rate
3
₹134.91 Cr
3
100.0%
0
₹0
STORES SUPPLY (INDIA) AGENCY PVT LTD
Total Bids
3
₹134.91 Cr
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
BANSAL ALLOYS AND METALS PRIVATE LIMITED
0.0% win rate
2
₹35.59 Cr
1
50.0%
0
₹0
BANSAL ALLOYS AND METALS PRIVATE LIMITED
Total Bids
2
₹35.59 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL27100MH1984PLC034003
Class
Public
Status
Active
Founded1984

Financial Details

Authorized Capital₹2.0B
Paid-up Capital₹1.8B

Registered Office

33 MOUNT ROAD, SADAR,NA-NAGPUR- 440001-Maharashtra-440001-India


Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code27100

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Listed
ROCROC Mumbai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

118

Qualified: 91
Q Rate: 77.1%

Contract Value

₹1037.44 Cr

Avg. Bid: ₹9.63 Cr
Avg. EMD: ₹0

L1 Bids

39

Win Rate: 33.1%
Q to W Ratio: 42.9%

Recent Win Rate

52.6%

Change: +22.6%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

SUNFLAG IRON AND STEEL CO LTD: Business Analysis and Strategic Insights

SUNFLAG IRON AND STEEL CO LTD, a prominent player in the Indian steel manufacturing sector, demonstrates a strong presence in government procurement. This comprehensive business analysis explores SUNFLAG's financial performance, competitive landscape, and strategic opportunities, providing actionable insights for sustainable growth.

Executive Summary

SUNFLAG exhibits a solid 33.3% win rate across 117 government tender participations, securing significant contracts primarily within the defense and heavy industry sectors. With ₹10,27,94,08,587.0 in secured government contract value, SUNFLAG showcases its ability to convert bid value into won contracts effectively. Their competitive positioning is strong, particularly in high-value tenders. Strategic recommendations focus on optimizing bid pricing, targeting key departments, and addressing competitive threats to further enhance market share and profitability. SUNFLAG's financial health is rated as 'Good' with a score of 71.8/100.

Financial Performance of SUNFLAG IRON AND STEEL CO LTD

Yearly Performance Metrics

SUNFLAG's financial performance in government tenders shows consistent engagement and increasing contract values over the past few years. Here's a summary of their yearly performance:

| Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |