favourite electro engineers private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 14 bids — ANCHOREX MARINE SERVICES appeared in 3 of them.
FAVOURITE ELECTRO ENGINEERS PRIVATE LIMITED
FAVOURITE ELECTRO ENGINEERS PRIVATE LIMITED
Financial Details
Registered Office
446, MARVELLA CORRIDOROPP. CROMA, V.I.P. ROADVesu-Choryasi-Gujarat-395007-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
30
Contract Value
₹2.27 Cr
L1 Bids
5
Recent Win Rate
16.7%
Performance Analytics
FAVOURITE ELECTRO ENGINEERS PRIVATE LIMITED: Comprehensive Business Analysis
This report provides a detailed business analysis of FAVOURITE ELECTRO ENGINEERS PRIVATE LIMITED, focusing on their performance in government tenders and the broader electro-mechanical industry. With a tender participation history of 30 bids and a 16.7% win rate, this analysis delves into financial performance, competitive landscape, and strategic recommendations for sustainable growth.
Executive Summary
FAVOURITE ELECTRO ENGINEERS PRIVATE LIMITED demonstrates a promising, yet challenging, position in the government procurement sector. Key highlights include:
- Financial Growth: Marked by a 250.2% year-over-year increase in contract value in FY 2024-25, reaching ₹15,966,327.0.
- Technical Qualification: A consistently high technical qualification rate of 86.7% underscores strong compliance capabilities.
- Competitive Landscape: Facing significant competition, particularly from VAGMINE MARINE CARE, necessitates strategic adjustments to improve win rates.
This report aims to provide actionable insights for enhancing FAVOURITE ELECTRO ENGINEERS PRIVATE LIMITED's competitive edge and optimizing their business growth strategy in the electro-mechanical sector.