drill spares
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 28 bids — OM SAI NATH TRADERS appeared in 22 of them.
DRILL SPARES
DRILL SPARES
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
73
Contract Value
₹2.25 Cr
L1 Bids
34
Recent Win Rate
42.9%
Performance Analytics
Drill Spares Government Tender Profile
With a substantial portfolio of 73 government tender participations, Drill Spares has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Superior Tender Success Rate of 46.6%
Drill Spares demonstrates exceptional government tender performance with an impressive win ratio of 46.6%. Out of 73 tenders, they have secured 34 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.
Financial Performance in Government Tenders
Drill Spares has bid on contracts with a total value of ₹2,24,98,301.0, successfully securing ₹2,24,98,301.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.
The company's average Earnest Money Deposit (EMD) of ₹,41,300.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.