TAMRA DHATU UDYOG PVT LTD
Company Overview
Total Bids
5
Contract Value
₹63.39 Lakh
L1 Bids
0
Historical Bids (Since 2018)
7
Participated Tenders
XLPE Cable for Working Voltages up to and Including 1.1 KV as per IS 7098 (Part 1),XLPE Cable for W
XLPE Cable for Working Voltages up to and Including 1.1 KV as per IS 7098 (Part 1)
XLPE Cable for Working Voltages up to and Including 1.1 KV as per IS 7098 (Part 1)
XLPE Cable for Working Voltages up to and Including 1.1 KV as per IS 7098 (Part 1)
XLPE Cable for Working Voltages up to and Including 1.1 KV as per IS 7098 (Part 1)
Executive Summary:
TAMRA DHATU UDYOG PVT LTD, an Indian manufacturing company, is building its presence in the government tender landscape. This analysis provides a comprehensive overview of their tender performance, focusing on the period from FY 2021-22 to FY 2024-25. Key performance metrics reveal a qualification rate of 71.4%, demonstrating a solid understanding of tender requirements. During the period, they submitted 7 bids, showcasing an active interest in government procurement opportunities. While their current win rate stands at 0.0%, their qualification rate suggests potential for improvement with strategic adjustments. The company's financial health is currently assessed as 'Critical' with a score of 30.0, based on TenderAI's scoring components, primarily due to the lack of wins and low contract value.
TAMRA DHATU UDYOG PVT LTD's market positioning is characterized by early-stage participation, primarily focusing on the Ministry of Railways, Department of Heavy Industry, and NA. Their engagement with the Indian Railways is particularly noteworthy, representing a significant portion of their tender participation. This focused approach allows them to develop specialized knowledge of specific departmental procurement processes.
This report delves into TAMRA DHATU UDYOG PVT LTD's financial performance trends, product/service category performance, geographical and departmental distribution, competitive analysis, SWOT analysis, strategic recommendations, and future growth outlook. The analysis incorporates relevant keywords to optimize search visibility for Indian government procurement audiences and relevant industry stakeholders, like XLPE cable tenders and Indian Railways tenders.
Financial Performance Analysis
TAMRA DHATU UDYOG PVT LTD's financial performance in government tenders shows a developing trend. The following table presents a year-on-year comparison:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Total Contract Value |
|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | ₹0 |
| FY 2019-20 | 0 | 0 | 0.0% | ₹0 |
| FY 2020-21 | 0 | 0 | 0.0% | ₹0 |
| FY 2021-22 | 1 | 0 | 100.0% | ₹24,38,032 |
| FY 2022-23 | 0 | 0 | 0.0% | ₹0 |
| FY 2023-24 | 2 | 0 | 50.0% | ₹1,04,850 |
| FY 2024-25 | 4 | 0 | 75.0% | ₹44,78,000 |
Quarter-wise Performance
Detailed quarter-wise performance visualizations are not available in the provided data, the current data doesn't provide this level of granularity to give precise visualizations, but it can be inferred from yearly performance.
Bid Distribution
From April 2023 to March 2024, the bid distribution across price ranges is:
- ₹0: 2 bids
- ₹10,00,000: 2 bids
- ₹20,00,000: 2 bids
- ₹30,00,000: 1 bid
Product/Service Category Performance
The primary product category for TAMRA DHATU UDYOG PVT LTD is XLPE Cable for Working Voltages up to and Including 1.1 KV as per IS 7098 (Part 1) (Q2), representing their area of specialization. Understanding the success rate within this category can provide valuable insights.
Geographical & Departmental Distribution
TAMRA DHATU UDYOG PVT LTD's tender participation is primarily focused on the following departments and ministries:
- Departments: Indian Railways, Department of Heavy Industry, NA
- Ministries: Ministry of Railways, Ministry of Heavy Industries and Public Enterprises, Ministry of Power
The company's primary focus is the Ministry of Railways and the Indian Railways department. There's potential to explore opportunities in other departments and states to diversify their portfolio and reduce dependency on a single entity.
Competitive Analysis
Head-to-Head Comparison (January 2022 to December 2023):
TAMRA DHATU UDYOG PVT LTD faces competition from several players in the government tender landscape. The top 5 competitors based on encounter count are:
- M V ELECTRICALS (4 encounters, 0.0% win rate)
- PARAGON CABLE CORPORATION (4 encounters, 25.0% win rate)
- A.P. INDUSTRIES (3 encounters, 0.0% win rate)
- HITESH INDUSTRIES (3 encounters, 0.0% win rate)
- WINDSOR CABLES PRIVATE LIMITED (3 encounters, 100.0% win rate)
WINDSOR CABLES PRIVATE LIMITED poses the greatest threat based on current data, having a perfect win rate in head-to-head encounters. In contrast, TAMRA DHATU UDYOG PVT LTD has yet to secure a win against any of these competitors during the specified period. Tamra Dhatu Udyog must address competitive threats from 9 key competitors, particularly M V ELECTRICALS, A.P. Industries and HITESH INDUSTRIES with whom they have a 0.0% win rate.
Win Rates by Competitor and Category
Win rates by competitor and category are detailed in the provided data. It's crucial to analyze these rates to identify areas where TAMRA DHATU UDYOG PVT LTD underperforms and develop targeted strategies to improve their competitive edge. In encounters within the Ministry of Railways, Windsor Cables Private Limited shows a 100% win rate, whereas other identified competitors show more variable results.
SWOT Analysis of TAMRA DHATU UDYOG PVT LTD
- Strengths: Efficient bid process with high conversion rate
- Weaknesses: Low win rate of 0.0%, Weak performance in financial health components (Win Rate, Contract Value, Bid Efficiency)
- Opportunities: Explore growth potential in high-value projects and new departments/ministries, Optimize bid pricing strategy based on historical win rates by value range
- Threats: Intense competition from established players like M V ELECTRICALS, PARAGON CABLE CORPORATION, A.P. INDUSTRIES, and HITESH INDUSTRIES
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.
- Create a market expansion strategy targeting new customer segments.
- Establish a bid review committee to improve tender selection and proposal quality.
- Enhance proposal quality through better compliance, technical, and commercial optimization.
These recommendations are prioritized based on their expected impact on TAMRA DHATU UDYOG PVT LTD's tender performance. Establishing a pre-bid qualification process is seen as a top priority, as it directly addresses the low win rate.
Future Growth Outlook
Based on historical trends and sector dynamics, TAMRA DHATU UDYOG PVT LTD has the potential for growth in the government tender market. Their increasing participation in recent years indicates a commitment to this sector. However, strategic adjustments are necessary to improve their win rate and overall financial health. Focusing on specific product categories and ministries where they have a competitive advantage can pave the way for sustainable growth.