varun electrodes 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 224 bids — SAITRON ENGINEERS PRIVATE LIMITED appeared in 68 of them.
VARUN ELECTRODES PRIVATE LIMITED
VARUN ELECTRODES PRIVATE LIMITED
Financial Details
Registered Office
H-56 INDUSTRIAL AREAPANIPATNA-HARYANA-Haryana-132103-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
741
Contract Value
₹50.30 Cr
L1 Bids
126
Recent Win Rate
12.5%
Performance Analytics
Varun Electrodes Private Limited: Business Analysis and Strategic Recommendations
This comprehensive business analysis report provides a detailed overview of Varun Electrodes Private Limited's performance in the government tender landscape. With a focus on financial metrics, competitive positioning, and strategic recommendations, this report aims to provide actionable insights for sustainable growth and improved market performance in the welding electrodes industry. Varun Electrodes has participated in 737 government tenders with a win rate of 16.7%, securing 123 L1 positions.
Executive Summary
Varun Electrodes Private Limited demonstrates a significant presence in the Indian government tender market. The company has participated in 737 tenders, achieving a 16.7% win rate and securing 123 L1 positions. Financial performance indicates a total contract value of ₹50,28,54,288.0 won from government tenders. However, recent trends show a decline in win rate, necessitating a strategic review of bidding practices and competitive positioning. This welding electrodes business analysis delves into key performance indicators, competitor analysis, and provides strategic recommendations for enhanced growth and market share.
Financial Performance of Varun Electrodes Private Limited
This section analyzes the financial performance of Varun Electrodes based on their participation in government tenders. Key metrics include bid volume, win rates, contract values, and financial trends over the past several fiscal years.
Key Financial Metrics
- Total Contract Value: Varun Electrodes has secured contracts with a total value of ₹50,28,54,288.0. This demonstrates their ability to win significant projects.