Voltarc Electrodes: Government Tender Performance Analysis

Voltarc Electrodes Pvt Ltd demonstrates its engagement in India's public procurement landscape with 100 government tender participations. This report provides insights into their bidding performance, tender success patterns, and competitive positioning. Key focus areas include government tenders, public procurement, tender win rate, and strategies for becoming an L1 bidder.

Executive Summary

Voltarc Electrodes Pvt Ltd has actively participated in 100 government tenders between April 1, 2018, and March 31, 2025, achieving a win rate of 9.0%. This translates to securing 9 L1 positions, demonstrating competitive pricing. The company's financial health, assessed by TenderAI, is currently rated as 'Concerning' with a score of 37.9 out of 100. Key components influencing this score include win rate, contract value, bid efficiency, growth and consistency in tender outcomes.

In the Indian tender landscape, Voltarc Electrodes competes with other key players, particularly in sectors related to heavy industry and steel. Their primary engagements have been with the Department of Heavy Industry, Steel Authority of India Limited, and the Department of Defence Production, where they have demonstrated specific procurement expertise.

Their overall financial health is rated as 'Concerning' with a score of 37.9/100, influenced by factors like a 7.14% win rate in the latest financial year and low bid efficiency. However, the company shows potential for growth by optimizing its bidding strategy and targeting underserved bid ranges.

Financial Performance Analysis

Voltarc Electrodes' financial performance in government tenders shows mixed results across different fiscal years. Here's a year-on-year comparison: