standard radiators private limited Tender Performance & Track Recordstandard radiators private limited

Standard Radiators Private Limited: Government Tender Performance Analysis

Standard Radiators Private Limited is emerging as a strong player in India's government tender ecosystem. With participation in 8 tenders between FY2022-23 and FY2024-25, this analysis highlights their superior tender success rate, technical qualification strength, and growing presence in key government sectors. As a leading radiator supplier and government contractor, Standard Radiators demonstrates a strong understanding of government procurement processes.

From FY2022-23 to FY2024-25, Standard Radiators achieved an outstanding win rate of 87.5%, securing 7 L1 positions out of 8 bids. This highlights their competitive pricing and strategic bidding in the Indian radiator market. Their financial health score, as assessed by TenderAI, stands at 77.2, indicating a 'Good' status, driven by strong win rates and contract values.

Key Performance Metrics:

• Win Rate: 87.5% (across all tenders)
• Technical Qualification Rate: 100.0% (demonstrating strong compliance)
• Total Contract Value: ₹51.35 crore (secured through successful bids)

Standard Radiators has strategically focused on tenders from the Ministry of Defence and the Ministry of Heavy Industries and Public Enterprises, particularly the Department of Defence Production and Department of Heavy Industry. This targeted approach has resulted in significant success and a growing reputation within these key government departments.

The TenderAI analysis reveals Standard Radiators' robust financial performance, operational strengths, and promising future growth prospects in the Indian government tender landscape. This report offers valuable insights for government procurement officers, industry stakeholders, and potential partners seeking to collaborate with a reliable and successful government vendor.