TendersAi Logo

Discover the latest tenders, get AI-powered insights, and collaborate to seize government opportunities with TendersAI.

Contact Us

✉️ [email protected]📞 +91-8962422201

Departments

View All
Department of Military Affairs(90827)
Department of Defence Production(20910)
Indian Railways(14280)
Department of Heavy Industry(10115)
Department of Atomic Energy(10071)

States

View All
MAHARASHTRA(20071)
UTTAR PRADESH(18984)
JAMMU & KASHMIR(12651)
GUJARAT(11830)
KARNATAKA(9749)

Cities

View All
MUMBAI(6104)
BANGALORE(5435)
HYDERABAD(3403)
PUNE(3272)
JAMMU(2591)
Privacy Policy|Terms of Service

© 2025 TendersAi. All rights reserved.

thermax limited. Tender Performance & Track Recordthermax limited.

CIN: L29299PN1980PLC022787
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: L29299PN1980PLC022787
Active
Public
Company limited by shares

Company Overview

Summary
THERMAX LIMITED.: Government Tender Performance Analysis THERMAX LIMITED. stands out with a robust government tender profile, evidenced by 188 participations and a remarkable 54.3% success rate. This report delves into their procurement performance, revealing strengths, weaknesses, and strategic opportunities for optimizing their presence in government contracts.
Primary Ministry: Ministry of SteelPrimary Department: Department of Atomic Energy
Founded: 1980State: MAHARASHTRA
Primary Ministry:
Ministry of Steel
Primary Department:
Department of Atomic Energy
Founded:1980
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids77
Value₹35.48Cr

Qualified Bids / Q Rate

Bids73
Q Rate94.8%

Total Wins / Win Value

Win44
Value₹17.63Cr

Wins Rate / Q-W Rate

Rate57.1%
Q-W Rate60.3%

Detailed Performance Analysis

Scroll to view more categories

Tender Performance by Ministries

9 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Steel

33.3% win rate
15
₹3.13 Cr
15
5
₹91.55 Lakh

Ministry of Steel

Bids
15
₹3.13 Cr
Qualified
15
Wins
5
₹91.55 Lakh
33.3% win rate

Ministry of Petroleum and Natural Gas

42.9% win rate
14
₹11.97 Cr
13
6
₹4.85 Cr

Ministry of Petroleum and Natural Gas

Bids
14
₹11.97 Cr
Qualified
13
Wins
6
₹4.85 Cr
42.9% win rate

PMO

71.4% win rate
14
₹2.52 Cr
13
10
₹1.33 Cr

PMO

Bids
14
₹2.52 Cr
Qualified
13
Wins
10
₹1.33 Cr
71.4% win rate

Ministry of Power

66.7% win rate
12
₹8.49 Cr
12
8
₹6.93 Cr

Ministry of Power

Bids
12
₹8.49 Cr
Qualified
12
Wins
8
₹6.93 Cr
66.7% win rate

Ministry of Chemicals and Fertilizers

50.0% win rate
8
₹5.10 Cr
6
4
₹1.07 Cr

Ministry of Chemicals and Fertilizers

Bids
8
₹5.10 Cr
Qualified
6
Wins
4
₹1.07 Cr
50.0% win rate

Ministry of Coal

66.7% win rate
6
₹2.43 Cr
6
4
₹81.56 Lakh

Ministry of Coal

Bids
6
₹2.43 Cr
Qualified
6
Wins
4
₹81.56 Lakh
66.7% win rate

Ministry of Mines

80.0% win rate
5
₹1.23 Cr
5
4
₹1.11 Cr

Ministry of Mines

Bids
5
₹1.23 Cr
Qualified
5
Wins
4
₹1.11 Cr
80.0% win rate

Ministry of Heavy Industries and Public Enterprises

100.0% win rate
2
₹27.05 Lakh
2
2
₹27.05 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹27.05 Lakh
Qualified
2
Wins
2
₹27.05 Lakh
100.0% win rate

Ministry of Defence

100.0% win rate
1
₹33.25 Lakh
1
1
₹33.25 Lakh

Ministry of Defence

Bids
1
₹33.25 Lakh
Qualified
1
Wins
1
₹33.25 Lakh
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 77 bids — ION EXCHANGE (INDIA) LIMITED appeared in 26 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

THERMAX LIMITED.

Your Company
57.1% win rate
77
₹35.48 Cr
73
94.8%
44
₹17.63 Cr

THERMAX LIMITED.

Your Company
Total Bids
77
₹35.48 Cr
Qualified
73
94.8%
Wins
44
₹17.63 Cr
57.1% win rate
ION EXCHANGE (INDIA) LIMITED
30.8% win rate
26
₹15.32 Cr
25
96.2%
8
₹7.82 Cr
ION EXCHANGE (INDIA) LIMITED
Total Bids
26
₹15.32 Cr
Qualified
25
96.2%
Wins
8
₹7.82 Cr
30.8% win rate
CHEMBOND WATER TECHNOLOGIES LIMITED
57.1% win rate
7
₹8.51 Cr
7
100.0%
4
₹3.67 Cr
CHEMBOND WATER TECHNOLOGIES LIMITED
Total Bids
7
₹8.51 Cr
Qualified
7
100.0%
Wins
4
₹3.67 Cr
57.1% win rate
AUCHTEL PRODUCTS LIMITED
25.0% win rate
16
₹6.46 Cr
10
62.5%
4
₹1.39 Cr
AUCHTEL PRODUCTS LIMITED
Total Bids
16
₹6.46 Cr
Qualified
10
62.5%
Wins
4
₹1.39 Cr
25.0% win rate
WEX TECHNOLOGIES PRIVATE LIMITED
37.5% win rate
8
₹3.21 Cr
8
100.0%
3
₹1.24 Cr
WEX TECHNOLOGIES PRIVATE LIMITED
Total Bids
8
₹3.21 Cr
Qualified
8
100.0%
Wins
3
₹1.24 Cr
37.5% win rate
TOYOTA CHEMICAL INDUSTRIES PVT LTD
14.3% win rate
7
₹2.98 Cr
4
57.1%
1
₹53.09 Lakh
TOYOTA CHEMICAL INDUSTRIES PVT LTD
Total Bids
7
₹2.98 Cr
Qualified
4
57.1%
Wins
1
₹53.09 Lakh
14.3% win rate
NIKKHI IMPEX
20.0% win rate
5
₹1.77 Cr
4
80.0%
1
₹4.72 Lakh
NIKKHI IMPEX
Total Bids
5
₹1.77 Cr
Qualified
4
80.0%
Wins
1
₹4.72 Lakh
20.0% win rate
DOSHION POLY SCIENCE PRIVATE LIMITED
5.9% win rate
17
₹6.97 Cr
15
88.2%
1
₹3.86 Lakh
DOSHION POLY SCIENCE PRIVATE LIMITED
Total Bids
17
₹6.97 Cr
Qualified
15
88.2%
Wins
1
₹3.86 Lakh
5.9% win rate
BRACKER INDIA
0.0% win rate
5
₹94.83 Lakh
0
0.0%
0
₹0
BRACKER INDIA
Total Bids
5
₹94.83 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
VISHNUPRIYA CHEMICALS PRIVATE LIMITED
0.0% win rate
4
₹1.22 Cr
1
25.0%
0
₹0
VISHNUPRIYA CHEMICALS PRIVATE LIMITED
Total Bids
4
₹1.22 Cr
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
ACURO ORGANICS LIMITED
0.0% win rate
3
₹24.27 Lakh
0
0.0%
0
₹0
ACURO ORGANICS LIMITED
Total Bids
3
₹24.27 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINL29299PN1980PLC022787
Class
Public
Status
Active
Founded1980

Financial Details

Authorized Capital₹75.0Cr
Paid-up Capital₹23.8Cr

Registered Office

D-13 MIDC IND AREAR D AGA ROAD CHINCHWADNA-PUNE-Maharashtra-411019-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29299

Company Type

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

Market Information

Listing Status
Listed
ROCROC Pune
Free Trial!

Transform Your Tender Process

Join thousands of businesses winning more tenders

No Credit Card Required
0%
Success Rate
0x
Faster Process
0/7
24/7 Support

Smart Alerts

Get AI-powered tender recommendations

Market Intel

Track competitor bidding patterns

Email Reports

Weekly detailed analytics reports

Download Hub

Export tender data in bulk format

Smart Tracking

Never miss important deadlines

& Much More...

Discover all premium features with your trial

DS

"TendersAi transformed our bidding process. We've increased our win rate by 40% and saved countless hours."

Dipanshu Sahijpal • Supernirman
Start 15-Day Free Trial
Secure & Trusted
24/7 Support
Easy Setup

Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

189

Qualified: 156
Q Rate: 82.5%

Contract Value

₹311.47 Cr

Avg. Bid: ₹63.99 Lakh
Avg. EMD: ₹62K

L1 Bids

103

Win Rate: 54.5%
Q to W Ratio: 66.0%

Recent Win Rate

62.3%

Change: +13.1%
Period: FY 2024-25

Performance Analytics

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

THERMAX LIMITED.: Government Tender Performance Analysis

THERMAX LIMITED. stands out with a robust government tender profile, evidenced by 188 participations and a remarkable 54.3% success rate. This report delves into their procurement performance, revealing strengths, weaknesses, and strategic opportunities for optimizing their presence in government contracts.

Executive Summary

THERMAX LIMITED. exhibits strong performance in securing government tenders. Key highlights include:

  • Impressive 54.3% win rate across 188 tender participations.
  • Secured 102 L1 positions, demonstrating competitive pricing.
  • Total secured government contract value of ₹3,11,35,65,558.0.
  • Demonstrated expertise in high-value government contracts, participating in 11 major procurement projects.

This analysis provides a comprehensive overview of THERMAX LIMITED.'s financial performance, competitive positioning, and strategic recommendations to enhance their success in the government tender landscape.