thermax 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 61 bids — ION EXCHANGE (INDIA) LIMITED appeared in 24 of them.
THERMAX LIMITED.
THERMAX LIMITED.
Financial Details
Registered Office
D-13 MIDC IND AREAR D AGA ROAD CHINCHWADNA-PUNE-Maharashtra-411019-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
189
Contract Value
₹311.47 Cr
L1 Bids
103
Recent Win Rate
62.3%
Performance Analytics
THERMAX LIMITED.: Government Tender Performance Analysis
THERMAX LIMITED. stands out with a robust government tender profile, evidenced by 188 participations and a remarkable 54.3% success rate. This report delves into their procurement performance, revealing strengths, weaknesses, and strategic opportunities for optimizing their presence in government contracts.
Executive Summary
THERMAX LIMITED. exhibits strong performance in securing government tenders. Key highlights include:
- Impressive 54.3% win rate across 188 tender participations.
- Secured 102 L1 positions, demonstrating competitive pricing.
- Total secured government contract value of ₹3,11,35,65,558.0.
- Demonstrated expertise in high-value government contracts, participating in 11 major procurement projects.
This analysis provides a comprehensive overview of THERMAX LIMITED.'s financial performance, competitive positioning, and strategic recommendations to enhance their success in the government tender landscape.