Anika Engineering Services: Government Tender Performance Analysis

Anika Engineering Services has begun establishing presence in India's government tender ecosystem with participation in 6 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 50.0%

Anika Engineering Services demonstrates exceptional government tender performance with an impressive win ratio of 50.0%. Out of 6 tenders, they have secured 3 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Anika Engineering Services has bid on contracts with a total value of ₹1,03,70,608.0, successfully securing ₹1,03,70,608.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

The company has established a regional presence in Maharashtra government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Higher Education, Agriculture Department Maharashtra, Department Of Higher And Technical Education, where they have demonstrated specific procurement expertise. They have experience bidding with National Institute Of Technology (Nit), showing familiarity with diverse organizational procurement requirements.