bihar foundry & castings limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 14 September 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 7 bids — BERRY ALLOYS LIMITED appeared in 6 of them.
BIHAR FOUNDRY & CASTINGS LIMITED
BIHAR FOUNDRY & CASTINGS LIMITED
Financial Details
Registered Office
MAIN ROAD,NA-RANCHI-Jharkhand-834001-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
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
8
Contract Value
₹492.44 Cr
L1 Bids
2
Recent Win Rate
20.0%
Performance Analytics
Bihar Foundry & Castings Limited: Comprehensive Tender Performance Analysis
Bihar Foundry & Castings Limited is making strides in the Indian government tender ecosystem, participating in 8 tenders with a 25.0% win rate. This detailed analysis, powered by TenderAI, examines their tender performance metrics, technical qualification success, financial health, and competitive strategies within the Indian steel sector.
Between April 2018 and March 2025, Bihar Foundry & Castings Limited's initial data reveals a growing presence in government procurement, focusing primarily on the Ministry of Steel.
Executive Summary
From FY2021-22 to FY2024-25, Bihar Foundry & Castings Limited has shown promising performance in government tenders. With a 25.0% win rate across 8 bids, the company secured 2 L1 positions. The technical qualification rate stands at 50.0%, indicating room for improvement in meeting technical specifications. The total contract value secured is ₹492.43 crore, showcasing a solid conversion of bid value to won contracts. The company’s financial health, as assessed by TenderAI, is rated as 'Good' with a score of 67.8/100, highlighting strong contract value and recent growth, offset by consistency challenges. Key areas of operation include tenders from Steel Authority of India Limited, NMDC STEEL Limited, and others under the Ministry of Steel.
This analysis provides crucial insights for government procurement officers, industry stakeholders, and investors looking to understand Bihar Foundry & Castings Limited's competitive positioning and growth potential in the Indian market. The report leverages TenderAI analysis to provide a data-driven assessment of the company's performance.