Adspro Engineers Private Limited: Comprehensive Tender Performance Analysis

Executive Summary

Adspro Engineers Private Limited has demonstrated active participation in Indian government tenders, with a focus on specialized procurement. Between April 2022 and March 2024, the company submitted bids for 14 tenders, achieving a win rate of 21.4%. Their qualification rate stands at 64.3%, indicating a strong understanding of technical requirements. The company has secured contracts worth ₹1.27 crore (₹1,26,77,817) showcasing their ability to convert bids into successful projects. TenderAI's financial health assessment, based on win rate, contract value, bid efficiency, growth, and consistency, rates Adspro Engineers' financial health as 'Concerning' with a score of 49.9/100. They are actively positioning themselves in the government tender landscape, primarily engaging with the Ministry of Social Justice and Empowerment and the Department of Empowerment of Persons with Disabilities. Their competitive landscape includes key players such as MODLART DESIGN AND CONSTRUCTION and LEELA VENTURES, against whom they must strategically compete to enhance their market share. Adspro Engineers needs to capitalize on their strengths while strategically planning for future growth.

Financial Performance Analysis

Adspro Engineers' financial performance demonstrates a fluctuating trend over the past few fiscal years. Here's a breakdown: