zenith industrial rubber products private limited

Tender Performance & Track Record

CIN: U25190MH1988PTC045900
Active
Private
Company limited by shares

Company Overview

Summary
ZENITH INDUSTRIAL RUBBER PRODUCTS PRIVATE LIMITED: Comprehensive Business Analysis ZENITH Industrial Rubber Products Private Limited demonstrates a strategic presence in the government tender landscape with 117 tender participations. This report provides a detailed business analysis, evaluating financial performance, competitive positioning, and offering actionable recommendations to enhance their procurement success. Despite an overall win rate of 6.8%, ZENITH has secured 8 L1 bids, indicating a strong potential for improvement with targeted strategic adjustments.
Founded:1988
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids11
Value₹20.93Cr

Qualified Bids / Q Rate

Bids6
Q Rate54.5%

Total Wins / Win Value

Win3
Value₹1.37L

Wins Rate / Q-W Rate

Rate27.3%
Q-W Rate50.0%

Detailed Performance Analysis

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Tender Performance by Ministries

4 entries

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹2.84 Lakh
Qualified
4
Wins
2
₹65K
50.0% win rate

Ministry of Defence

Bids
2
₹37.16 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Home Affairs

Bids
2
₹19.55 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Power

Bids
1
₹72K
Qualified
1
Wins
1
₹72K
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 11 bids — NU-CORK PRODUCTS PVT LTD appeared in 4 of them.

ZENITH INDUSTRIAL RUBBER PRODUCTS PRIVATE LIMITED

Your Company
Total Bids
11
₹20.93 Cr
Qualified
6
54.5%
Wins
3
₹1.37 Lakh
27.3% win rate
Total Bids
4
₹2.84 Lakh
Qualified
4
100.0%
Wins
1
₹1.32 Lakh
25.0% win rate
Total Bids
4
₹19.36 Cr
Qualified
2
50.0%
Wins
1
₹86K
25.0% win rate
Total Bids
2
₹19.76 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Total Bids
2
₹37.16 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Total Bids
2
₹37.16 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Total Bids
2
₹37.16 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Total Bids
2
₹19.87 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Total Bids
2
₹19.87 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Total Bids
2
₹19.87 Cr
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
Total Bids
1
₹30.71 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU25190MH1988PTC045900
Class
Private
Status
Active
Founded1988

Financial Details

Authorized Capital₹30.0Cr
Paid-up Capital₹30.0Cr

Registered Office

Office Premises No. 141 to 144, 14th Floor, Free Press House, Free Press Journal Marg, 215NA-Nariman Point Mumbai-Maharashtra-400021-India


Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code25190

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Mumbai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

117

Qualified: 62
Q Rate: 53.0%

Contract Value

₹139.82 Cr

Avg. Bid: ₹51.15 Lakh
Avg. EMD: ₹26K

L1 Bids

8

Win Rate: 6.8%
Q to W Ratio: 12.9%

Recent Win Rate

0.0%

Change: 0.0%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

ZENITH INDUSTRIAL RUBBER PRODUCTS PRIVATE LIMITED: Comprehensive Business Analysis

ZENITH Industrial Rubber Products Private Limited demonstrates a strategic presence in the government tender landscape with 117 tender participations. This report provides a detailed business analysis, evaluating financial performance, competitive positioning, and offering actionable recommendations to enhance their procurement success. Despite an overall win rate of 6.8%, ZENITH has secured 8 L1 bids, indicating a strong potential for improvement with targeted strategic adjustments.

Executive Summary

ZENITH Industrial Rubber Products Private Limited has actively engaged in 117 government tenders, securing 8 L1 positions. While their win rate stands at 6.8%, their total contract value amounts to ₹1,39,82,44,485.0, reflecting their ability to secure significant projects. A comprehensive competitive analysis reveals opportunities to enhance bid efficiency and strategic focus. The company’s financial health is currently rated as 'Critical' with a score of 30.4/100, indicating a need for strategic adjustments to improve win rates and overall performance in the government procurement sector. Despite the financial challenges, there are improvements the company can implement to improve financial standing within their industry.

Financial Performance of ZENITH Industrial Rubber Products

An in-depth analysis of ZENITH Industrial Rubber Products' financial performance in government tenders reveals key trends and opportunities for growth. Their total contract value from successful bids stands at ₹1,39,82,44,485.0, showcasing their capacity to win high-value projects. Despite their financial challenges, improvements can be made within the company to improve their financial performance within the industrial rubber products sector.

  • Yearly Performance: A review of yearly performance shows fluctuating bid and win rates. The highest win rate was achieved in FY 2020-21 at 35.71%, while recent years have seen a decline. The ZENITH financial performance review by year shows:

    | Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) | Market Share |