Weafri Well Services: Government Tender Performance Analysis

Weafri Well Services Private Limited is actively building its presence in India's government tender ecosystem, participating in 10 tenders. This analysis provides insights into their tender performance, qualification rate, and overall procurement strategy within the Indian context. The company exhibits potential as a specialized oil and gas supplier targeting specific government opportunities.

Executive Summary

Weafri Well Services has participated in 10 high-value government tenders between FY2023-24 and FY2024-25, achieving an initial win rate of 10.0%. The company demonstrates a strong technical qualification rate of 80.0% for the same period, indicating their understanding of public procurement specifications. With a financial health score of 54.3 (Satisfactory), assessed by TenderAI scoring components, Weafri Well Services is positioning itself within the Indian government procurement sector. Key performance metrics highlight the participation in high-value projects, primarily within the Ministry of Petroleum and Natural Gas, specifically targeting opportunities with Oil India Limited. Their contract value growth shows a 102.8% increase between FY2023-24 and FY2024-25, showing good potential for future expansion.

Financial Performance Analysis

Weafri Well Services demonstrates a growing presence in government tenders. The following provides a financial performance review:

Yearly Trends

| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |