mgm forgings private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 15 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 8 bids — VINIR ENGINEERING PRIVATE LIMITED appeared in 5 of them.
MGM FORGINGS PRIVATE LIMITED
MGM FORGINGS PRIVATE LIMITED
Financial Details
Registered Office
17, 4TH MAIN,JAYALAXMIPURAM MYSORENA-MYSORE-Karnataka-570012-India
Industry Classification
Agriculture and Allied Activities
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
26
Contract Value
₹6.03 Cr
L1 Bids
11
Recent Win Rate
20.0%
Performance Analytics
MGM Forgings Private Limited: Comprehensive Business Analysis and Strategic Recommendations
MGM Forgings Private Limited is a key player in the forgings industry, particularly within the government tender landscape. This report provides a detailed business analysis focusing on their financial performance, competitive positioning, and strategic opportunities. With a noteworthy 42.3% win rate in government tenders, MGM Forgings demonstrates a strong capability in securing public sector contracts.
Executive Summary
MGM Forgings has shown promising performance in government procurement, achieving a 42.3% win rate on 26 tender bids. This translates to securing ₹6,03,02,374.0 in government contract value. While demonstrating proficiency within the Department of Defence Production, recent trends indicate a need for strategic adjustments to maintain and improve their competitive edge. The analysis reveals both strengths in technical qualification and areas for enhancement in pricing strategies to optimize win rates in specific bid ranges. Key recommendations include targeted efforts to address top competitive threats and capitalize on underserved bid ranges to unlock additional growth potential.
Financial Performance of MGM Forgings
This section provides an in-depth financial analysis of MGM Forgings' performance in government tenders, assessing key metrics and trends impacting their revenue and profitability.
Key Financial Metrics
- Total Contract Value: MGM Forgings has secured ₹6,03,02,374.0 in government contract value from 26 bids.