BETTER FLY DRONE ACADEMY PRIVATE LIMITED
Company Overview
Total Bids
14
Contract Value
₹25.29 Lakh
L1 Bids
7
Historical Bids (Since 2018)
9
Participated Tenders
Obstacle Course for Drone Training
VR Drone Flight Simulator for Trg and Skill Enhancement
Digital FPV Drone with 1 VR Goggle
3D Printer for Drone Component Manufacturing
Svl Quadcopter with payload dropping
Drone Propeller balancer for vibration free somooth flight
software based drone test lab
Thrust bench for BLDC Motors of Drones
Data Acquisition system for Drones
ADVANCED SOLDERING STATION
Better Fly Drone Academy Private Limited has quickly established a strong presence in India's government tender ecosystem, participating in 9 tenders between April 2023 and March 2024. This analysis examines their early tender performance, high technical qualification rate, and emerging procurement strategy. Specializing in drone training and related services, the company is a promising player in the Indian drone sector.
Their exceptional government tender performance is highlighted by an impressive win ratio of 88.9%. Out of 9 tenders, they have secured 8 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has achieved a strong presence bidding with the Department Of Military Affairs, and with the Indian Army specifically, showing familiarity with diverse organizational procurement requirements. They have 100% technical qualification rate, proving that they are both competitive and also capable of fulfilling all the technical requirements to qualify for government tenders.
For organizations seeking to partner with experienced government contractors, Better Fly Drone Academy's tender performance data provides valuable insights into their public sector capabilities and competitive advantages. Their track record of 8 L1 bids and 88.9% win rate offers clear metrics of their procurement effectiveness and potential for future government contract success. This analysis serves as a comprehensive resource for evaluating their suitability as a procurement partner in India's diverse government tender ecosystem.
Financial Performance Analysis
Better Fly Drone Academy began participating in government tenders in FY 2023-24, showing significant activity in FY 2024-25. The company's financial performance is characterized by a high win rate and increasing contract value. The bid distribution shows participation across different price ranges, indicating adaptability to various tender sizes. All values shown are in Indian Rupees (₹).
| Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value |
|---|---|---|---|---|
| FY 2023-24 | 1 | 1 | 100.0% | ₹2,23,500 |
| FY 2024-25 | 8 | 7 | 87.5% | ₹16,79,920 |
Product/Service Category Performance
The company has demonstrated success across multiple product/service categories, including:
- ADVANCED SOLDERING STATION
- BATTERY CHARGING AND TESTING STATION
- Data Acquisition system for Drones
- SERVICE TOOLS
- TRAINING PROJECT FOR TRAINING ON DRONES
- Thrust bench for BLDC Motors of Drones
- software based drone test lab
Geographical & Departmental Distribution
Better Fly Drone Academy's tender participation is primarily focused on the Ministry of Defence, specifically the Department of Military Affairs, and the Indian Army. They have 9 tenders from Department of Military Affairs worth ₹19,03,420
Competitive Analysis
Better Fly Drone Academy faces competition from several key players in the government tender landscape. A head-to-head comparison with top competitors from January 2022 to December 2023 reveals their relative strengths and weaknesses. Top competitors include:
- TRIAD AEROSPACE PRIVATE LIMITED
- GAMMA AEROSPACE PRIVATE LIMITED
- NEO INNOVATIONS
Better Fly Drone Academy had a 0% winrate against the top 3 competitors for tenders from Jan 2022 to Dec 2023.
SWOT Analysis of Better Fly Drone Academy
- Strengths:
- High win rate (88.9%)
- 100% Technical Qualification Rate
- Strong domain focus on Defence and Indian Army tenders
- Weaknesses:
- Limited historical tender data
- Heavy reliance on single ministry and department
- Opportunities:
- Expansion into new product/service categories
- Diversification into other government departments and ministries
- Capitalizing on the growing Indian drone market
- Threats:
- Competition from established players in the sector
- Changes in government procurement policies
Strategic Recommendations
- Expand Product/Service Portfolio: Diversify offerings to target a wider range of government tenders.
- Geographic Diversification: Explore tender opportunities in other states and regions.
- Strengthen Competitive Intelligence: Continuously monitor and analyze competitor strategies to maintain a competitive edge.
- Explore Partnership Opportunities: Partner with other companies to bid for larger, more complex projects.
Future Growth Outlook
Based on its strong early performance, Better Fly Drone Academy has a positive outlook for future growth in the Indian government tender market. Their high win rate and focus on key sectors position them well for continued success. The drone industry is expected to grow substantially, presenting significant opportunities for the company.