AASK Precision Engineers Private Limited: Government Tender Analysis

Executive Summary

AASK Precision Engineers Private Limited has demonstrated a notable presence in Indian government tenders, particularly within the defence sector. Analysis of their tender performance from April 2023 to March 2025 reveals a 38.1% win rate across 21 bids, securing 8 L1 positions. This indicates a competitive pricing strategy and effective bid management. The company maintains a high qualification rate of 90.5%, suggesting strong adherence to technical specifications and compliance standards. Their key engagements have been with the Department of Defence Production and Armoured Vehicles Nigam Limited, highlighting specialization in this domain. AASK's financial health score is currently rated as "Concerning" at 49.1/100, based on TenderAI's assessment, indicating areas for improvement in contract value and revenue consistency.

Their total contract value secured is ₹1,49,06,507, highlighting their ability to convert bids into won contracts. AASK Precision Engineers Private Limited faces competition from key players like NORTH SOUTH COMMERCIAL CORPORATION and ANANT DEFENCE SYSTEMS PRIVATE LIMITED in the Indian manufacturing sector, especially within the Ministry of Defence. Their strength lies in their efficient bid process, but areas for improvement include increasing average contract value and consistent win rates across all bid ranges.

Financial Performance Analysis

Yearly Trends