Excel Instruments: Government Tender Performance Analysis

Excel Instruments has demonstrated a strong and strategic presence in the Indian government tender landscape, participating in 167 government tenders. This comprehensive analysis provides detailed insights into their bidding performance, success patterns, and competitive positioning within the government contracts sector.

Executive Summary

Excel Instruments showcases exceptional government tender performance with a 64.7% success rate. Securing 108 L1 positions out of 167 bids, the company has solidified its position as a leading government contractor in its sector. Their focus on key regions like Rajasthan and West Bengal, coupled with expertise in tenders from the Department of Atomic Energy and the Department of Higher Education, highlights a well-defined and effective procurement strategy. The company exhibits robust financial performance and consistent technical compliance, positioning them favorably for future government contracts.

Financial Performance of Excel Instruments in Government Tenders

Excel Instruments exhibits robust financial metrics in its government tender activities:

• Total Contract Value: The company has bid on contracts totaling ₹46,42,25,576.0, successfully securing contracts worth the same amount. This signifies a 100.0% conversion rate from bid value to won contracts, demonstrating exceptional efficiency in securing targeted projects.
• Average Bid Amount: The average bid amount stands at ₹30,23,535.71, reflecting the scale of projects Excel Instruments targets.
• Earnest Money Deposit (EMD): With an average EMD of ₹91,425.6, the company demonstrates its financial capability to handle substantial government tenders requiring significant bid security.