favourite fabricators private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 31 October 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 2 bids — HARIHARAN POWER ENGINEERING appeared in 1 of them.
FAVOURITE FABRICATORS PRIVATE LIMITED
FAVOURITE FABRICATORS PRIVATE LIMITED
Financial Details
Registered Office
PLOT NO-39, TALOJA (MIDC) INDUSTRIAL AREA, PENDHAR, TAL. PANVELNA-Navi Mumbai-Maharashtra-410208-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
1
Contract Value
₹48.79 Lakh
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
Favourite Fabricators: Government Tender Performance Analysis
Favourite Fabricators Private Limited is beginning to establish a presence in India's government tender ecosystem with participation in 1 tender during FY 2024-25. This analysis examines their early tender participation, technical qualification rate of 100.0%, and emerging procurement strategy. As an industrial fabricator, their initial focus is on tenders related to the Ministry of Power.
As of March 31, 2025, the company demonstrates a 100.0% technical qualification rate, indicating strong compliance and understanding of public procurement requirements. However, they have yet to secure a win, resulting in a 0.0% win rate during this period. Their financial health score is currently rated as 'Critical' at 22.5/100, primarily due to their low win rate and limited contract value.
Their competitive positioning is currently weak, requiring a strategic focus on optimizing their bidding strategy and improving their bid-to-win ratio. They face competition from established players like Bharat Heavy Electricals Limited, with whom they have encountered in the Ministry of Power tenders. Favourite Fabricators' strength lies in their efficient bid process, which needs to be leveraged to improve their overall competitiveness. This tender performance analysis aims to provide a comprehensive overview of their current standing and recommend strategic actions to enhance their future success in the Indian government procurement landscape.
The company's strategy involves submitting technically sound bids, evidenced by their perfect qualification rate. However, converting these qualified bids into wins remains a challenge. To improve, Favourite Fabricators should focus on refining their pricing strategy, enhancing proposal quality, and selectively targeting tenders with higher win probabilities. By addressing these areas, they can significantly improve their competitive position and achieve sustainable growth in the government contracts sector.
Financial Performance Analysis
Favourite Fabricators' financial performance in government tenders is still in its early stages. The company participated in one tender during FY 2024-25 with a contract value of ₹48,78,672, but did not secure any wins. There were no bids in previous fiscal years (FY 2018-19 to FY 2023-24).