diagnosticmed
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 36 bids — VIMEK BIOCONCEPT PRIVATE LIMITED appeared in 3 of them.
DIAGNOSTICMED
DIAGNOSTICMED
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
695
Contract Value
₹10.73 Cr
L1 Bids
189
Recent Win Rate
33.3%
Performance Analytics
DIAGNOSTICMED: Comprehensive Business Analysis and Government Tender Performance
DIAGNOSTICMED is making significant strides in the government tender landscape with 695 tender participations and a notable 27.2% win rate. This report offers a comprehensive business analysis, evaluating their financial performance, competitive positioning, and strategic opportunities within the Indian government procurement sector. DIAGNOSTICMED's commitment to securing government contracts is evident through their focused bidding strategies and consistent performance.
Executive Summary
DIAGNOSTICMED has demonstrated a strong presence in the government tender market, securing 189 L1 positions. With a 27.2% win rate across 695 bids, the company exhibits a robust understanding of the public procurement process. Their technical qualification rate of 83.2% underscores their commitment to meeting tender requirements. The company's financial performance in government tenders reveals a 100% conversion rate of bid value to won contracts, highlighting their strategic approach to securing valuable public sector projects. This business analysis provides insights into DIAGNOSTICMED's strengths, weaknesses, opportunities, and threats, offering strategic recommendations for sustained growth and competitive advantage.
Financial Performance of DIAGNOSTICMED
The financial performance of DIAGNOSTICMED in government tenders showcases stability and growth potential. Key metrics include:
- Total Contract Value: DIAGNOSTICMED has secured contracts worth ₹10,73,28,699.0. This includes a conversion rate of bid value to won contracts of 100.0%
- Average Earnest Money Deposit (EMD): An EMD of ₹10,000.0 indicates the company's financial capability to participate in significant government tenders requiring substantial bid security.
- Yearly Performance: Over the past few years, DIAGNOSTICMED has consistently participated in a high number of tenders, demonstrating a steady commitment to the government procurement sector. Key highlights include: