Fastech Fashions Private Limited: Comprehensive Tender Performance Analysis

Executive Summary

Fastech Fashions Private Limited, an Indian textile manufacturer, is analyzed for its performance in government tenders from April 2018 to March 2025. Key performance metrics reveal a qualification rate of 38.1% across 21 bids. While the win rate is currently 0.0%, the company has shown a commitment to participating in public sector procurement, particularly within Odisha. Financial data indicates a total contract value of ₹2,19,20,124. TenderAI's financial health assessment assigns a score of 30.0, categorized as 'Critical', highlighting areas for improvement. Fastech Fashions' market positioning is primarily within the Skill Development and Technical Education Department of Odisha and the Home Department Odisha. This analysis provides insights for government procurement officers, industry stakeholders, and Fastech Fashions itself to optimize future tender strategies. The company's focus on specific ministries suggests a deliberate effort to build expertise, but its low win rate necessitates a critical review of its bidding approach. Fastech Fashions must address its competitive disadvantages to improve its tender outcomes. Financial data from FY2024-25 shows significant opportunity for growth, with adjustments to pricing strategy and a more selective approach to tender selection.

Financial Performance Analysis

Yearly Trends

A review of yearly trends reveals increasing tender participation. In FY2024-25, Fastech Fashions submitted 11 bids, compared to only 1 in FY2020-21. The qualification rate has fluctuated, reaching 100.0% in FY2020-21 and FY2022-23 before declining to 18.18% in FY2024-25. The company has not yet secured any wins during the analyzed period (April 2018 to March 2025).