elastochem systems
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 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 6 bids — M/S SREE TRIO POLY TECH appeared in 2 of them.
ELASTOCHEM SYSTEMS
ELASTOCHEM SYSTEMS
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
15
Contract Value
₹5.39 Cr
L1 Bids
6
Recent Win Rate
25.0%
Performance Analytics
Government Tender Analysis: Elastochem Systems
Elastochem Systems has submitted bids for 15 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.
Proven L1 Bid Success with 6 Contract Wins
Elastochem Systems has successfully secured 6 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 40.0% across 15 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.
Financial Performance in Government Tenders
Elastochem Systems has bid on contracts with a total value of ₹5,39,36,752.0, successfully securing ₹5,39,36,752.0 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 ₹,20,000.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.