sonali construction Tender Performance & Track Recordsonali construction

Sonali Construction: Business Analysis & Government Tender Profile

Sonali Construction showcases a strong presence in the Indian government tender landscape, marked by participation in 745 government tenders. This comprehensive business analysis provides a detailed overview of their bidding activities, success rates, and competitive positioning within the government contracts sector. The analysis focuses on identifying key performance indicators and strategic areas for improvement.

Impressive Tender Win Rate: 40.9%

Sonali Construction exhibits exceptional government tender performance, achieving a 40.9% success rate. They have won 305 L1 (lowest bid) positions out of 745 tenders, solidifying their position as a competitive player in the government contracting arena. Notably, the company has secured 0 L2 and 0 L3 positions, showcasing its ability to consistently offer competitive pricing. This robust performance highlights their expertise in government procurement processes.

The company's participation in 19 high-value government contracts indicates their ability to manage large-scale public sector projects effectively. This experience demonstrates their preparedness to handle complex project requirements and significant public sector engagements.

Financial Performance Overview

Sonali Construction has bid on tenders totaling ₹4,79,04,96,064.0 in value and successfully secured contracts worth ₹4,79,04,96,064.0. This represents a 100.0% conversion rate, reflecting their strategic approach to targeting and securing valuable public sector projects. The average Earnest Money Deposit (EMD) of ₹1,49,880.71698113208 suggests their financial strength, enabling them to participate in substantial government tenders requiring significant bid security. This demonstrates a strong financial foundation crucial for business growth strategy within the sector.

Geographic & Sector Focus