drillbit softtech india private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 19 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 5 bids — INFOKART INDIA PRIVATE LIMITED appeared in 4 of them.
DRILLBIT SOFTTECH INDIA PRIVATE LIMITED
DRILLBIT SOFTTECH INDIA PRIVATE LIMITED
Financial Details
Registered Office
NO 92/4, 3RD FLOOR 80 FEET ROAD, KATHRIGUPPE, BANASHANKARI3RD STAGENA-BANGALORE-Karnataka-560085-India
Industry Classification
Business Services
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
23
Contract Value
₹36.54 Lakh
L1 Bids
12
Recent Win Rate
25.0%
Performance Analytics
DRILLBIT SOFTTECH INDIA PRIVATE LIMITED: Comprehensive Business Analysis
Executive Summary
This report provides a comprehensive business analysis of DRILLBIT SOFTTECH INDIA PRIVATE LIMITED, focusing on their performance in government tenders. Key highlights include a 52% win rate in government tenders, demonstrating their strong competitive positioning and expertise in the public sector. Despite a high qualification rate of 95.7%, recent financial performance indicates challenges, presenting both opportunities and risks for future growth. The analysis covers financial performance, competitive landscape, SWOT analysis, and strategic recommendations to enhance DRILLBIT SOFTTECH's market position and profitability.
1. Financial Performance
1.1 Revenue Overview
DRILLBIT SOFTTECH has secured a total contract value of ₹3,654,308 across 23 government tenders. The average bid amount stands at ₹196,887.33. Financial performance is segmented by fiscal year, providing a detailed view of the company's revenue trajectory. However, the latest financial summary for FY 2024-25 reveals a 36.43% decline in total contract value compared to the previous period.
- Total Contract Value: ₹3,654,308
- Average Bid Amount: ₹196,887.33
- Bid Distribution: All bids fall within the ₹0.0 price range.