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ramkrishna forgings ltd Tender Performance & Track Recordramkrishna forgings ltd

CIN: L74210WB1981PLC034281
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: L74210WB1981PLC034281
Active
Public
Company limited by shares

Company Overview

Summary
RAMKRISHNA FORGINGS LTD: Business Analysis & Strategic Insights Executive Summary: RAMKRISHNA FORGINGS LTD exhibits strong performance in the government tender landscape, marked by a high win rate of 59% and a substantial portfolio of ₹328 Crores in secured government contracts. This analysis provides a comprehensive overview of their financial performance, competitive positioning, and strategic opportunities within the Indian manufacturing and forging sector. Key performance indicators (KPIs) highlight the company's effectiveness in securing L1 bids and maintaining a robust technical qualification rate. However, a recent decline in contract value warrants a strategic review to sustain growth momentum in the dynamic government procurement ecosystem.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 1981State: WEST BENGAL
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:1981
State:WEST BENGAL

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids113
Value₹37.49Cr

Qualified Bids / Q Rate

Bids112
Q Rate99.1%

Total Wins / Win Value

Win62
Value₹13.10Cr

Wins Rate / Q-W Rate

Rate54.9%
Q-W Rate55.4%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

57.4% win rate
108
₹35.90 Cr
107
62
₹13.10 Cr

Ministry of Defence

Bids
108
₹35.90 Cr
Qualified
107
Wins
62
₹13.10 Cr
57.4% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
4
₹1.48 Cr
4
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹1.48 Cr
Qualified
4
Wins
0
₹0
0.0% win rate

Ministry of Power

0.0% win rate
1
₹11.57 Lakh
1
0
₹0

Ministry of Power

Bids
1
₹11.57 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 113 bids — VINIR ENGINEERING PRIVATE LIMITED appeared in 32 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

RAMKRISHNA FORGINGS LTD

Your Company
54.9% win rate
113
₹37.49 Cr
112
99.1%
62
₹13.10 Cr

RAMKRISHNA FORGINGS LTD

Your Company
Total Bids
113
₹37.49 Cr
Qualified
112
99.1%
Wins
62
₹13.10 Cr
54.9% win rate
VINIR ENGINEERING PRIVATE LIMITED
15.6% win rate
32
₹15.10 Cr
25
78.1%
5
₹8.22 Cr
VINIR ENGINEERING PRIVATE LIMITED
Total Bids
32
₹15.10 Cr
Qualified
25
78.1%
Wins
5
₹8.22 Cr
15.6% win rate
KEMS FORGINGS LIMITED
77.8% win rate
9
₹6.56 Cr
9
100.0%
7
₹2.82 Cr
KEMS FORGINGS LIMITED
Total Bids
9
₹6.56 Cr
Qualified
9
100.0%
Wins
7
₹2.82 Cr
77.8% win rate
Company 684bef9d6cce8246bfd9398e
29.2% win rate
24
₹9.17 Cr
20
83.3%
7
₹2.62 Cr
Company 684bef9d6cce8246bfd9398e
Total Bids
24
₹9.17 Cr
Qualified
20
83.3%
Wins
7
₹2.62 Cr
29.2% win rate
PARVEEN INDUSTRIES PVT LTD
12.5% win rate
32
₹5.76 Cr
24
75.0%
4
₹1.34 Cr
PARVEEN INDUSTRIES PVT LTD
Total Bids
32
₹5.76 Cr
Qualified
24
75.0%
Wins
4
₹1.34 Cr
12.5% win rate
UNIQUE FORGE (GUJARAT) PVT LTD
17.4% win rate
23
₹3.24 Cr
22
95.7%
4
₹67.64 Lakh
UNIQUE FORGE (GUJARAT) PVT LTD
Total Bids
23
₹3.24 Cr
Qualified
22
95.7%
Wins
4
₹67.64 Lakh
17.4% win rate
LAKSHMI INDUSTRIAL WORKS
44.4% win rate
9
₹31.70 Lakh
8
88.9%
4
₹11.99 Lakh
LAKSHMI INDUSTRIAL WORKS
Total Bids
9
₹31.70 Lakh
Qualified
8
88.9%
Wins
4
₹11.99 Lakh
44.4% win rate
STEEL AND INDUSTRIAL FORGINGS LIMITED
12.5% win rate
8
₹9.71 Cr
7
87.5%
1
₹10.67 Lakh
STEEL AND INDUSTRIAL FORGINGS LIMITED
Total Bids
8
₹9.71 Cr
Qualified
7
87.5%
Wins
1
₹10.67 Lakh
12.5% win rate
BRITEX ENGINEERING WORKS
50.0% win rate
8
₹68.95 Lakh
6
75.0%
4
₹9.26 Lakh
BRITEX ENGINEERING WORKS
Total Bids
8
₹68.95 Lakh
Qualified
6
75.0%
Wins
4
₹9.26 Lakh
50.0% win rate
VISHNU FORGE INDUSTRIES LIMITED
28.6% win rate
7
₹48.75 Lakh
6
85.7%
2
₹9.10 Lakh
VISHNU FORGE INDUSTRIES LIMITED
Total Bids
7
₹48.75 Lakh
Qualified
6
85.7%
Wins
2
₹9.10 Lakh
28.6% win rate
HARIHAR ALLOYS PRIVATE LIMITED
4.0% win rate
25
₹3.58 Cr
22
88.0%
1
₹39K
HARIHAR ALLOYS PRIVATE LIMITED
Total Bids
25
₹3.58 Cr
Qualified
22
88.0%
Wins
1
₹39K
4.0% win rate
Company Profile
CINL74210WB1981PLC034281
Class
Public
Status
Active
Founded1981

Financial Details

Authorized Capital₹38.3Cr
Paid-up Capital₹32.9Cr

Registered Office

23, Circus AvenueNA-Kolkata-West Bengal-700017-India


Industry Classification

Business Services

NIC Code74210

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Listed
ROCROC Kolkata
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

281

Qualified: 268
Q Rate: 95.4%

Contract Value

₹328.16 Cr

Avg. Bid: ₹1.85 Cr
Avg. EMD: ₹0

L1 Bids

153

Win Rate: 54.4%
Q to W Ratio: 57.1%

Recent Win Rate

59.3%

Change: +10.5%
Period: FY 2024-25

Performance Analytics

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

RAMKRISHNA FORGINGS LTD: Business Analysis & Strategic Insights

Executive Summary:
RAMKRISHNA FORGINGS LTD exhibits strong performance in the government tender landscape, marked by a high win rate of 59% and a substantial portfolio of ₹328 Crores in secured government contracts. This analysis provides a comprehensive overview of their financial performance, competitive positioning, and strategic opportunities within the Indian manufacturing and forging sector. Key performance indicators (KPIs) highlight the company's effectiveness in securing L1 bids and maintaining a robust technical qualification rate. However, a recent decline in contract value warrants a strategic review to sustain growth momentum in the dynamic government procurement ecosystem. This report presents actionable recommendations to enhance their competitive edge and optimize future growth prospects.

Financial Performance Analysis

Key Financial Highlights:

  • Total Contract Value: The company has secured contracts with a total value of ₹3,28,16,33,758.0.
  • Overall Win Rate: Achieved an impressive 59.26% win rate in the most recent financial period.
  • Technical Qualification Rate: Maintained a strong qualification rate of 95.4%.
  • Financial Health Score: Rated as 'Excellent' with a score of 81.4/100.

Yearly Performance Metrics: