the india thermit corporation 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 3 bids — METATEK ENGINEERING PRIVATE LIMITED appeared in 1 of them.
THE INDIA THERMIT CORPORATION LIMITED
THE INDIA THERMIT CORPORATION LIMITED
Financial Details
Registered Office
Unit No-212, 2nd floor,Worldmark 2 AerocityNA-New Delhi-Delhi-110037-India
Industry Classification
Business Services
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
3
Contract Value
₹38.79 Lakh
L1 Bids
2
Recent Win Rate
66.7%
Performance Analytics
The India Thermit Corporation Limited: Government Tender Performance Analysis
The India Thermit Corporation Limited is making strides in the Indian government tender ecosystem, showcasing a promising start with participation in 3 tenders. This analysis focuses on their early tender performance, technical qualification success, and strategic approach to government procurement.
Executive Summary
THE INDIA THERMIT CORPORATION LIMITED demonstrates robust performance in government tenders, achieving a win rate of 66.7% between April 2024 and March 2025. The company's financial health is rated as 'Satisfactory' with a score of 60.2/100, reflecting strong win rate and bid efficiency components, according to TenderAI's financial health assessment. Their market positioning shows a focus on specialized government procurement, particularly in the Ministry of Housing & Urban Affairs and the Department of Heavy Industry. These key ministries and departments are essential to their strategic approach to public sector contract acquisition.
Their overall tender performance metrics show a solid capability in meeting government tender requirements, as demonstrated by a technical qualification rate of 100.0%. Successfully qualifying for 3 out of 3 tenders in FY 2024-25 indicates a strong understanding of public procurement specifications.
The India Thermit Corporation Limited's impressive win rate of 66.7% is a testament to its competitive pricing and effective bidding strategies. Securing 2 L1 positions out of 3 tenders signifies a strong ability to offer the lowest bids while meeting technical and commercial requirements.
Financial Performance Analysis
THE INDIA THERMIT CORPORATION LIMITED's financial performance in government tenders is analyzed across yearly trends, quarterly patterns, and bid distribution.