Cheyaaz Technologies Private Limited: Government Tender Performance Analysis

Executive Summary: Cheyaaz Technologies Private Limited is actively participating in the Indian government tender landscape. From April 2023 to March 2025, Cheyaaz Technologies participated in 7 tenders, achieving a qualification rate of 42.9%. While their current win rate is 0.0%, indicating room for improvement, the company has demonstrated a commitment to government procurement processes. Their financial health, assessed by TenderAI, is currently rated as 'Critical' with a score of 18.5, reflecting initial challenges in bid efficiency and contract value. Cheyaaz Technologies' market positioning is primarily within the Ministry of Defence and associated departments, including Defence Research & Development and Defence Production. They are building specialized knowledge within these key areas of government procurement.

The TenderAI scoring components highlight areas for strategic improvement. Their focus on Department of Defence Research & Development indicates a strategic direction towards specialized government projects. Understanding their competitive landscape and improving bid strategies will be crucial for future success. As a new entrant, consistent participation and learning from each tender cycle will be key to improving their win rate and overall financial health.

The following analysis delves into Cheyaaz Technologies' financial performance, product/service category performance, geographical and departmental distribution, competitive analysis, SWOT analysis, strategic recommendations, and future growth outlook.

Financial Performance Analysis

Yearly Trends