magma hdi general insurance company 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
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 78 bids — UNITED INDIA INSURANCE COMPANY LIMITED appeared in 51 of them.
MAGMA HDI GENERAL INSURANCE COMPANY LIMITED
MAGMA HDI GENERAL INSURANCE COMPANY LIMITED
Financial Details
Registered Office
Development House 24 Park StreetNA-Kolkata-West Bengal-700016-India
Industry Classification
Insurance
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
32
Contract Value
₹74.25 Cr
L1 Bids
1
Recent Win Rate
3.1%
Performance Analytics
MAGMA HDI GENERAL INSURANCE COMPANY LIMITED: Business Analysis & Strategic Insights
This comprehensive business analysis report provides a detailed overview of MAGMA HDI GENERAL INSURANCE COMPANY LIMITED's performance, focusing on financial metrics, competitive positioning within the insurance sector, and strategic recommendations for future growth. The analysis is based on the company's recent activity in government tenders and its standing within the broader insurance landscape. Key performance indicators (KPIs) examined include win rate, contract value, qualification rate, and competitive encounters. Despite securing ₹74.25 Crores in contracts, the company faces challenges with a low 3.1% win rate. This report offers actionable insights to enhance MAGMA HDI's competitive edge and market presence.
Financial Performance of MAGMA HDI
This section examines MAGMA HDI GENERAL INSURANCE COMPANY LIMITED's financial performance in government tenders, focusing on key metrics and trends.
Key Financial Metrics
- Total Contract Value: MAGMA HDI has secured government contracts with a total value of ₹742,543,247.0. This figure represents the cumulative value of all contracts won through government tenders.
- Average Bid Amount: The company's average bid amount is ₹196,883.0, reflecting the typical size of the contracts they pursue.
- Earnest Money Deposit (EMD): MAGMA HDI's average EMD is ₹45,000.0, indicating their financial capacity to participate in tenders requiring significant bid security.
- Revenue Metrics: Their total contract value stands at ₹196,883.0 with average contract value also at ₹196,883.0 across 1 contract.