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neco heavy engineering and castings limited Tender Performance & Track Recordneco heavy engineering and castings limited

Tender Performance & Track Record

Company Overview

Summary
Neco Heavy Engineering And Castings Limited Government Tender Profile With a substantial portfolio of 106 government tender participations, Neco Heavy Engineering And Castings Limited has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Primary Ministry: Ministry of SteelPrimary Department: Steel Authority of India Limited
Primary Ministry:
Ministry of Steel
Primary Department:
Steel Authority of India Limited

Tender Performance

Data for 01 April 2024 to 30 October 2025

Live Data

Total Bids / Contract Value

Bids76
Value₹29.14Cr

Qualified Bids / Q Rate

Bids57
Q Rate75.0%

Total Wins / Win Value

Win12
Value₹3.16Cr

Wins Rate / Q-W Rate

Rate15.8%
Q-W Rate21.1%

Detailed Performance Analysis

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Tender Performance by Ministries

4 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

11.1% win rate
54
₹25.19 Cr
36
6
₹1.79 Cr

Ministry of Steel

Bids
54
₹25.19 Cr
Qualified
36
Wins
6
₹1.79 Cr
11.1% win rate

Ministry of Defence

37.5% win rate
16
₹3.17 Cr
16
6
₹1.37 Cr

Ministry of Defence

Bids
16
₹3.17 Cr
Qualified
16
Wins
6
₹1.37 Cr
37.5% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
5
₹75.05 Lakh
4
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
5
₹75.05 Lakh
Qualified
4
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹2.58 Lakh
1
0
₹0

Ministry of Mines

Bids
1
₹2.58 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 76 bids — BHARAT ENGINEERING WORKS appeared in 16 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

NECO HEAVY ENGINEERING AND CASTINGS LIMITED

Your Company
15.8% win rate
76
₹29.14 Cr
57
75.0%
12
₹3.16 Cr

NECO HEAVY ENGINEERING AND CASTINGS LIMITED

Your Company
Total Bids
76
₹29.14 Cr
Qualified
57
75.0%
Wins
12
₹3.16 Cr
15.8% win rate
BHARAT ENGINEERING WORKS
50.0% win rate
16
₹11.44 Cr
14
87.5%
8
₹9.87 Cr
BHARAT ENGINEERING WORKS
Total Bids
16
₹11.44 Cr
Qualified
14
87.5%
Wins
8
₹9.87 Cr
50.0% win rate
SIMPLEX CASTINGS LIMITED
4.2% win rate
48
₹18.19 Cr
38
79.2%
2
₹6.67 Cr
SIMPLEX CASTINGS LIMITED
Total Bids
48
₹18.19 Cr
Qualified
38
79.2%
Wins
2
₹6.67 Cr
4.2% win rate
JSIS IRON & STEEL INDIA PVT LTD
25.0% win rate
16
₹12.36 Cr
16
100.0%
4
₹1.67 Cr
JSIS IRON & STEEL INDIA PVT LTD
Total Bids
16
₹12.36 Cr
Qualified
16
100.0%
Wins
4
₹1.67 Cr
25.0% win rate
ADIT ISPAAT
20.0% win rate
15
₹13.65 Cr
15
100.0%
3
₹67.22 Lakh
ADIT ISPAAT
Total Bids
15
₹13.65 Cr
Qualified
15
100.0%
Wins
3
₹67.22 Lakh
20.0% win rate
J R CASTING
21.4% win rate
14
₹4.30 Cr
13
92.9%
3
₹64.36 Lakh
J R CASTING
Total Bids
14
₹4.30 Cr
Qualified
13
92.9%
Wins
3
₹64.36 Lakh
21.4% win rate
MCCOY TECHNORISE COMPANY
37.5% win rate
8
₹62.45 Lakh
8
100.0%
3
₹36.52 Lakh
MCCOY TECHNORISE COMPANY
Total Bids
8
₹62.45 Lakh
Qualified
8
100.0%
Wins
3
₹36.52 Lakh
37.5% win rate
JS FORGE PRIVATE LIMITED
10.0% win rate
10
₹3.34 Cr
10
100.0%
1
₹13.05 Lakh
JS FORGE PRIVATE LIMITED
Total Bids
10
₹3.34 Cr
Qualified
10
100.0%
Wins
1
₹13.05 Lakh
10.0% win rate
RANJANA INDUSTRIES
0.0% win rate
11
₹2.80 Cr
11
100.0%
0
₹0
RANJANA INDUSTRIES
Total Bids
11
₹2.80 Cr
Qualified
11
100.0%
Wins
0
₹0
0.0% win rate
MACHINERY UNION
0.0% win rate
11
₹3.40 Cr
1
9.1%
0
₹0
MACHINERY UNION
Total Bids
11
₹3.40 Cr
Qualified
1
9.1%
Wins
0
₹0
0.0% win rate
SHRI JAIBABA STEEL PRIVATE LIMITED
0.0% win rate
9
₹3.59 Cr
5
55.6%
0
₹0
SHRI JAIBABA STEEL PRIVATE LIMITED
Total Bids
9
₹3.59 Cr
Qualified
5
55.6%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

106

Qualified: 73
Q Rate: 68.9%

Contract Value

₹73.40 Cr

Avg. Bid: ₹50.80 Lakh
Avg. EMD: ₹83K

L1 Bids

20

Win Rate: 18.9%
Q to W Ratio: 27.4%

Recent Win Rate

14.3%

Change: -2.7%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

Neco Heavy Engineering And Castings Limited Government Tender Profile

With a substantial portfolio of 106 government tender participations, Neco Heavy Engineering And Castings Limited has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 20 Contract Wins

Neco Heavy Engineering And Castings Limited has successfully secured 20 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 18.9% across 106 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Neco Heavy Engineering And Castings Limited has bid on contracts with a total value of ₹,73,40,44,617.0, successfully securing ₹,73,40,44,617.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

The company's average Earnest Money Deposit (EMD) of ₹,82,500.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus