kapil furniture Tender Performance & Track Recordkapil furniture

Kapil Furniture: Government Tender Performance Analysis

Kapil Furniture showcases a robust presence in government tenders, marked by a 38% win rate and 643 L1 bids. This report analyzes their financial performance, competitive landscape, and offers strategic recommendations for enhanced growth in government procurement.

Executive Summary

Kapil Furniture has demonstrated a strong ability to secure government contracts, highlighted by a 38% win rate across 1693 tender participations. They have achieved 643 L1 bids, indicating effective pricing and competitive strategies. Financially, the company has secured contracts totaling ₹5,45,82,05,557.0, demonstrating substantial engagement with the public sector. However, recent performance indicates a decline in win rate and contract value, warranting strategic adjustments. Key areas of focus include improving technical qualification rates and addressing competitive threats to maintain a leading position in the furniture industry. Kapil Furniture's competitive positioning within the furniture industry is generally strong, though specific bid ranges require attention to optimize win rates. This business analysis for the furniture industry suggests targeted strategies to enhance Kapil Furniture's financial performance and overall market presence.

Financial Performance

Key Financial Metrics:

• Total Contract Value: ₹5,45,82,05,557.0
• Average Bid Amount: ₹2,877,722.07
• Win Rate: 38%