southern magnetics private 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 21 bids — CONTINENTAL ELECTRIC & TRADING CO appeared in 2 of them.
SOUTHERN MAGNETICS PRIVATE LIMITED
SOUTHERN MAGNETICS PRIVATE LIMITED
Financial Details
Registered Office
2/3, DR. V S I, ESTATE,TIRUVANMIYUR, MADRAS-41 TIRUVANMIYUR, MADRAS-41NA-TIRUVANMIYUR, MADRAS-41-Tamil Nadu-600041-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
11
Contract Value
₹1.04 Cr
L1 Bids
10
Recent Win Rate
83.3%
Performance Analytics
Southern Magnetics Private Limited: Business Analysis and Government Tender Performance
SOUTHERN MAGNETICS PRIVATE LIMITED stands out as a significant player in the manufacturing sector, particularly in government tenders. This report delivers a comprehensive business analysis of their financial performance, competitive positioning, and strategic opportunities within the government procurement landscape. With a 91% tender win rate and ₹1.04 Crore in secured government contracts, Southern Magnetics demonstrates considerable effectiveness in the public sector.
Executive Summary
Southern Magnetics exhibits strong financial performance within the government tender ecosystem. Key highlights include:
- A remarkable 90.9% win rate in government tenders.
- Securing ₹1,04,14,794.0 in government contract value from 11 bids.
- A strong technical qualification rate of 90.9%, demonstrating compliance and expertise.
This business analysis dives into the factors driving their success, competitive advantages, and potential areas for strategic growth. Understanding Southern Magnetics' financial performance is crucial for stakeholders seeking to partner with or evaluate their capabilities within the manufacturing sector.