industrial refractories pvt ltd
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 6 bids — SB STEEL REFRACTORIES PRIVATE LIMITED appeared in 5 of them.
INDUSTRIAL REFRACTORIES PVT LTD
INDUSTRIAL REFRACTORIES PVT LTD
Financial Details
Registered Office
N.N. Bose RoadNA-Durgapur-West Bengal-713211-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
24
Contract Value
₹8.88 Cr
L1 Bids
11
Recent Win Rate
20.0%
Performance Analytics
Industrial Refractories Pvt Ltd: Government Tender Performance Analysis
Industrial Refractories Pvt Ltd has demonstrated a strong presence in the Indian government procurement landscape, particularly within the Ministry of Steel. This analysis, powered by TenderAI, provides a comprehensive overview of their tender performance, financial health, competitive positioning, and strategic opportunities. Their key performance metrics from April 2020 to March 2025 reveal a 47.8% win rate and a 100% qualification rate, indicating a high level of compliance and competitive pricing. The company's financial health score, assessed by TenderAI, stands at an Excellent 82.3/100, driven by strong performance in win rate, growth, and consistency. Their market positioning is dominant in high-value contracts and efficient bid processes.
In terms of market positioning, Industrial Refractories specializes in supplying refractory products to the steel industry, with a focus on organizations like Steel Authority of India Limited (SAIL). This specialization has enabled them to build expertise and maintain a consistent qualification rate in relevant tenders. The company’s strategic focus on West Bengal has also contributed to their success in regional government contracts.
Financial Performance Analysis
Industrial Refractories' financial performance in government tenders has shown consistent growth over the past several years. The following table summarizes their yearly performance:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |
|---|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | 0.0% | 0.0 |
| FY 2019-20 | 0 | 0 | 0.0% | 0.0% | 0.0 |
| FY 2020-21 | 2 | 1 | 100.0% | 50.0% | 32,98,750 |