Bindus Services Private Limited: Government Tender Performance Analysis

Bindus Services Private Limited, incorporated in 2020, is establishing its presence in India's government tender ecosystem. This report provides a comprehensive analysis of their tender performance, focusing on key metrics such as win rate, qualification rate, and contract value, based on data from April 2018 to March 2025. As a new entrant, Bindus Services has submitted bids for 3 tenders with a total contract value of ₹7.07 Lakh, primarily within the Ministry of Railways and Ministry of Coal, specifically targeting Indian Railways and Materials Management departments. Their current win rate is 0.0%, and qualification rate is also 0.0%. A financial health score of 22.5 indicates areas for improvement, particularly in bid efficiency and contract value acquisition. The company's market positioning is currently weak, but strategic recommendations are provided to enhance competitiveness.

The analysis includes a detailed review of their financial performance by year, product/service category, and geographical/departmental distribution. A competitive analysis compares Bindus Services' performance against its top 5 competitors, highlighting strengths, weaknesses, opportunities, and threats in the Indian government procurement landscape. The report concludes with strategic recommendations to improve tender success and drive future growth.

Financial Performance Analysis

Yearly Trends

As of FY 2024-25, Bindus Services participated in 3 tenders with a total contract value of ₹7.07 Lakh. There were no tenders in previous fiscal years, as evident by the below table: