Axom Automobiles Private Limited: Government Tender Performance Analysis

Executive Summary

Axom Automobiles Private Limited has demonstrated a strong presence in the Indian government tender landscape. Over the period from FY2021-22 to FY2024-25, the company participated in 17 government tenders, achieving an impressive win rate of 52.9%. This translates to securing 9 L1 positions, indicating a strong competitive edge in pricing. Notably, the company's technical qualification rate stands at 94.1%, highlighting its capability to meet stringent government requirements. Axom Automobiles has shown a significant focus on Assam government tenders, particularly with the Urban Development Department Assam, Guwahati Developement Department Assam, and the Animal Husbandry and Veterinary Department, Assam.

A financial health assessment by TenderAI indicates a "Good" status with a score of 68.2/100. This score is based on components such as win rate and contract value. While the company shows strength in securing contracts, there is potential to improve in areas such as consistent growth and bid efficiency.

Axom Automobiles has bid on contracts with a total value of ₹132.53 crore, successfully securing the same amount in government contract value, showing a perfect bid-to-win conversion. Their average Earnest Money Deposit (EMD) of ₹6,30,000 suggests the ability to participate in high-value tenders requiring bid security.

This analysis provides a comprehensive view of Axom Automobiles's tender performance, helping government procurement officers, industry stakeholders, and potential partners understand their capabilities and competitive advantages in the Indian government tender ecosystem.

Financial Performance Analysis

Axom Automobiles's financial performance in government tenders has shown significant fluctuations over the years. Here's a detailed breakdown: