symphony polymers private limited Tender Performance & Track Recordsymphony polymers private limited

Symphony Polymers Private Limited: Government Tender Analysis - 16 Wins, Demonstrating Public Sector Excellence

Symphony Polymers Private Limited is strategically positioned within India's public procurement sector, evidenced by their participation in 271 government tenders. This comprehensive business analysis explores their successful bidding patterns, overall tender performance, and competitive positioning in securing government contracts.

Executive Summary

Symphony Polymers demonstrates a solid commitment to the government tender process, with a 5.9% win rate from 271 bids. This includes securing 16 L1 positions, highlighting their effective bid strategies. The company's focus on specialized government procurement, particularly in states like West Bengal and departments such as the Department of Health and Family Welfare, demonstrates a targeted market approach. Despite a 'Concerning' financial health score of 35.1/100, Symphony Polymers shows potential for growth through strategic improvements in bid selection and competitive intelligence. This analysis aims to identify key areas for improvement and strategic opportunities.

1. Financial Performance of Symphony Polymers

1.1 Key Financial Metrics

• Total Contract Value Secured: ₹21,28,11,691.0 (Demonstrates strong revenue generation from government contracts)
• Average Earnest Money Deposit (EMD): ₹1,04,535.71 (Reflects financial capacity to handle significant tender requirements)
• Average Bid Amount: ₹449,601.16