Blueman Technologies Private Limited: Comprehensive Tender Performance Analysis

Executive Summary:

Blueman Technologies Private Limited is an emerging player in the Indian government procurement landscape, actively participating in tenders primarily in Uttar Pradesh. This comprehensive analysis, powered by TenderAI, provides a detailed overview of their tender performance, financial health, competitive positioning, and strategic recommendations for future growth. Key performance metrics from April 2018 to March 2025 reveal a 33.3% win rate on 18 bids, with a qualification rate of 77.8%. The company has secured 6 L1 positions, demonstrating increasing competitiveness. Financial health is assessed as 'Good' with a score of 74.3/100, driven by strong win rates and bid efficiency. Blueman Technologies excels in tenders related to annual maintenance services, particularly in the Technical Education Department Uttar Pradesh and other departments under the Ministry of Power, Ministry of Defence, and Ministry of Education. Their market positioning indicates a strong focus on regional government contracts, presenting both opportunities and challenges in expanding their national footprint. The average bid amount stands at ₹42,55,322.08, with a total contract value of ₹4,54,81,945.0, showcasing a potential for growth in high-value contracts.

Financial Performance Analysis

Yearly Trends

Blueman Technologies' financial performance in government tenders has shown consistent growth over the past few fiscal years. Here's a comparative table highlighting their year-on-year performance: