imerys vizag private limited Tender Performance & Track Recordimerys vizag private limited

Imerys Vizag Private Limited: Government Tender Performance Analysis

Imerys Vizag Private Limited is establishing its presence in the Indian government tender landscape, with a focus on the steel industry. This analysis provides a comprehensive overview of their tender performance, financial health, and competitive positioning, particularly relevant for Indian government procurement officers and industry stakeholders.

Between FY 2018-19 and FY 2024-25, Imerys Vizag participated in 3 tenders, achieving a 33.3% overall win rate. Notably, in FY 2024-25, their win rate surged to 50%, indicating a positive trend in their procurement strategy. Their tenders focused primarily on the Ministry of Steel, specifically with the Steel Authority of India Limited.

Their financial health is assessed with a score of 76.0/100, categorized as 'Good', driven by strong performance in contract value (100) and growth (100), as determined by TenderAI analysis. However, consistency remains an area for improvement.

Imerys Vizag's current market position can be described as 'Strong', showing an efficient bid process with a high conversion rate, and a well 'Balanced' value proposition. The primary strategic recommendation is to develop targeted business development plans for high-value departments like the Steel Authority of India Limited.

Financial Performance Analysis

Imerys Vizag's financial performance in government tenders shows a promising trajectory. Here's a breakdown:

• Yearly Trends: From FY 2018-19 to FY 2022-23, there was no tender activity. Activity commenced in FY 2023-24 with 1 bid worth ₹2,51,44,068, and further increased in FY 2024-25 with 2 bids, securing contracts worth ₹5,39,27,500.