thermochem processes private limited Tender Performance & Track Recordthermochem processes private limited

Thermochem Processes Private Limited: Government Tender Analysis

Thermochem Processes Private Limited is actively participating in the Indian government tender landscape, with a focus on the Ministry of Defence and Department of Heavy Industry. This report provides a comprehensive analysis of their tender performance, financial health, competitive positioning, and strategic opportunities.

Executive Summary

Thermochem Processes Private Limited has submitted 32 bids between April 2018 and March 2025, achieving a win rate of 15.6%. Their qualification rate stands at 87.5%, demonstrating a strong ability to meet technical requirements. The company's total contract value secured is ₹12,01,01,605, reflecting their success in converting bids into awarded contracts. A financial health score of 33.2 indicates challenges in areas like growth and bid efficiency. Their primary focus is on tenders from the Ministry of Defence, particularly the Department of Defence Production. Key performance metrics include a total of 5 L1 wins. This tender performance analysis reveals that while Thermochem demonstrates strong technical qualification, improvements in bid strategy and efficiency are needed to enhance their win rate and overall financial performance. Thermochem Processes Private Limited's government tender profile demonstrates a solid base with the opportunity for optimization. They should leverage the TenderAI analysis to become a more effective Indian government tenders participant.

Financial Performance Analysis

Thermochem Processes' financial performance in government tenders shows a fluctuating trend over the years. The following table summarizes their yearly performance: