elektromag devices private limited
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 — ELECTRO ZAVOD(INDIA)PVT LTD appeared in 1 of them.
ELEKTROMAG DEVICES PRIVATE LIMITED
ELEKTROMAG DEVICES PRIVATE LIMITED
Financial Details
Registered Office
4TH FLOORUNIQUE INDUSTRIAL ESTATE PRAPHADEVINA-MUMBAI-Maharashtra-400025-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
24
Contract Value
₹8.65 Cr
L1 Bids
6
Recent Win Rate
20.0%
Performance Analytics
Elektromag Devices Private Limited: Comprehensive Tender Performance Analysis
Elektromag Devices Private Limited is an active participant in Indian government procurement, with a track record spanning several fiscal years. This analysis provides a comprehensive overview of their tender performance, financial health, competitive positioning, and strategic recommendations to enhance their success in the government sector. The report leverages TenderAI's advanced analytical tools to deliver actionable insights for Elektromag Devices and relevant industry stakeholders.
Executive Summary
Elektromag Devices Private Limited has actively participated in government tenders, submitting 24 bids between FY2021-22 and FY2024-25. Their key performance metrics include a 25.0% win rate and a 79.2% qualification rate. The company has secured a total contract value of ₹8.64 crore during this period. A financial health assessment conducted by TenderAI reveals a score of 66.4/100, categorized as 'Good', indicating a stable financial position. Elektromag Devices primarily engages with the Ministry of Steel, particularly Steel Authority of India Limited, showcasing a specialization in supplying electrical equipment and related services to the steel industry. The average bid amount stands at ₹19,27,500.7. Their strong technical qualification rate of 79.2% underscores their adherence to tender requirements.
Financial Performance Analysis
Elektromag Devices's financial performance in government tenders reveals valuable insights into their bidding patterns and revenue generation over time. Key metrics include yearly trends, quarterly patterns, and bid distribution across price ranges.
Yearly Trends
A comparative analysis of yearly performance from FY2018-19 to FY2024-25 provides a clear picture of Elektromag Devices's growth trajectory.