Basti Infra Project Private Limited: Comprehensive Tender Performance Analysis

Executive Summary:

Basti Infra Project Private Limited has participated in 94 government tenders demonstrating a strategic focus on public procurement in India. This analysis provides a detailed overview of their bidding performance, highlighting successes, challenges, and opportunities for growth. As of March 2025, Basti Infra Project boasts an overall win rate of 18.1%, with a qualification rate of 47.9%. Notably, the company secured 17 L1 bids. The company's financial health, based on TenderAI scoring components, is currently rated as "Concerning" with a score of 37.9/100. However, recent trends suggest potential for improvement, particularly in leveraging strengths and addressing weaknesses in their bidding strategies. Basti Infra Project exhibits a regional concentration in Maharashtra and Gujarat government tenders, with significant engagement with the Department of Military Affairs and Urban Development Department Uttar Pradesh.

Key performance metrics show a dynamic trend over the fiscal years. Between FY2022-23 and FY2023-24, the company experienced significant growth, followed by a period of stabilization and refinement in FY2024-25. The financial health assessment reveals areas of concern, particularly in contract value and growth metrics, but also highlights strengths in bid efficiency and consistency. The company's market positioning within its industry's tender landscape is characterized by a balanced approach, leveraging cost-effective strategies to secure contracts while navigating intense competition.

The primary ministries and departments where Basti Infra Project excels include the Ministry of Defence and the Department of Military Affairs, demonstrating a specialized focus in these sectors.

Financial Performance Analysis

Basti Infra Project's financial performance in government tenders exhibits a dynamic trend across fiscal years. In FY2022-23, the company bid on 10 tenders, securing 2 wins, achieving a 20.0% win rate, and a total contract value of ₹85,40,729. In FY2023-24, bidding activity increased significantly to 61 tenders, with 8 wins, a 13.1% win rate, and a total contract value of ₹7,47,50,928. The most recent year, FY2024-25, saw the company bid on 23 tenders, securing 7 wins with a 30.4% win rate, and a total contract value of ₹4,20,72,801. This data indicates a fluctuating yet improving win rate, reflecting the company's evolving bidding strategies and market dynamics.

The quarterly performance reveals seasonal patterns. Visualization of quarter-wise performance is recommended for deeper insight, specifically for Q1 FY2023-24, where the company showed initial success.