FERVID SMART SOLUTIONS PRIVATE LIMITED
Company Overview
Total Bids
5
Contract Value
₹2.24 Cr
L1 Bids
0
Historical Bids (Since 2018)
27
Participated Tenders
Cyber Security Audit - Security and Compliance Audit
Custom Bid for Services - Comprehensive AMC of Intranet Network
Hiring of Agency for IT Projects- Milestone basis
Desktop Education,Desktop Education.1,Project Server,Project Professional,Project Server CAL,Win Re
POLY G7500 4K CODEC- WIRELESS PRESENTATION SYSTEM WITH WALLMOUNT, IP MIC, TC8, NTSC/PAL, CABLES: 1H
Executive Summary
Fervid Smart Solutions Private Limited has actively participated in the Indian government procurement landscape, submitting 27 bids between April 2021 and March 2025. Analysis of their tender performance reveals a qualification rate of 63.0% and a win rate of 0.0% across all tenders. The total value of contracts bid on during this period is ₹19,22,67,290. While they have not secured any L1 wins, their consistent participation signifies a strategic focus on the public sector. The company's average Earnest Money Deposit (EMD) of ₹85,000 indicates their capacity to engage in tenders requiring substantial bid security.
TenderAI's financial health assessment, based on data from FY2018-19 to FY2024-25, assigns Fervid Smart Solutions a critical score of 15.0/100. This score is derived from key components including win rate, contract value, bid efficiency, growth, and consistency. The company's market positioning is characterized by a weak overall win rate, offset somewhat by a well-diversified client portfolio.
Fervid Smart Solutions demonstrates a focused approach to government procurement, specializing in tenders from the Ministry of Defence and the Department of Defence Research & Development. Their geographical presence is primarily concentrated in Telangana, reflecting a regional specialization in their public procurement strategy. This report provides a comprehensive analysis of Fervid Smart Solutions' tender performance, highlighting key strengths, weaknesses, opportunities, and threats, and offering strategic recommendations for improved success in future government tenders. Key focus keywords include Fervid Smart Solutions tenders, government contract analysis, and Ministry of Defence procurement.
Financial Performance Analysis
Fervid Smart Solutions' financial performance in government tenders shows a fluctuating trend over the past few fiscal years. While the company has consistently participated in tenders, their win rate remains at 0.0% across all years.
The following table summarizes the company's yearly performance:
Year | Bid Count | Qualified Count | Qualification Rate | Win Count | Win Rate | Total Contract Value (₹) |
---|---|---|---|---|---|---|
FY 2018-19 | 0 | 0 | 0.0% | 0 | 0.0% | 0.0 |
FY 2019-20 | 0 | 0 | 0.0% | 0 | 0.0% | 0.0 |
FY 2020-21 | 0 | 0 | 0.0% | 0 | 0.0% | 0.0 |
FY 2021-22 | 9 | 5 | 55.6% | 0 | 0.0% | 4,90,17,691 |
FY 2022-23 | 5 | 4 | 80.0% | 0 | 0.0% | 4,01,08,478 |
FY 2023-24 | 7 | 6 | 85.7% | 0 | 0.0% | 7,25,65,999 |
FY 2024-25 | 6 | 2 | 33.3% | 0 | 0.0% | 3,05,75,122 |
The bid distribution across price ranges from April 2023 to March 2024 shows a concentration of bids in the lower value ranges:
- ₹0 - 3 bids
- ₹10,00,000 - 2 bids
- ₹20,00,000 - 1 bid
- ₹30,00,000 - 1 bid
- ₹40,00,000 - 2 bids
- ₹50,00,000 - 2 bids
- ₹70,00,000 - 1 bid
- ₹80,00,000 - 1 bid
- ₹1,30,00,000 - 1 bid
- ₹3,10,00,000 - 1 bid
Product/Service Category Performance
Fervid Smart Solutions has participated in tenders across various product and service categories. The following categories represent their key areas of focus:
- Custom Bid for Services - Comprehensive AMC of Intranet Network (1 bid)
- Cyber Security Audit - Security and Compliance Audit (1 bid)
- Hiring of Agency for IT Projects- Milestone basis (1 bid)
Further analysis is needed to determine win rates and profitability by category.
Geographical & Departmental Distribution
The company's geographical focus is primarily on Telangana, with a secondary presence in Andhra Pradesh. Their departmental distribution reveals a strong emphasis on the Ministry of Defence, specifically the Department of Defence Research & Development.
- Top Departments:
- Department of Defence Research & Development (7 tenders)
- Department of Military Affairs (2 tenders)
- Water Resources Department Andhra Pradesh (3 tenders)
- Top Ministries:
- Ministry of Defence (11 tenders)
- Ministry of Education (2 tenders)
Competitive Analysis
A head-to-head comparison with the top 5 competitors from Jan 2022 to Dec 2023 reveals the competitive landscape:
Competitor | Encounter Count | Win Rate |
---|---|---|
AKSHARA ENTERPRISES INDIA PRIVATE LIMITED | 21 | 33.3% |
CHANDRAHAS ENTERPRISES | 12 | 58.3% |
KNSOFT TECHNOLOGIES PRIVATE LIMITED | 4 | 0.0% |
SRIT INDIA PRIVATE LIMITED | 3 | 0.0% |
SANBAY NETWORKS PRIVATE LIMITED | 2 | 0.0% |
SWOT Analysis of Fervid Smart Solutions
- Strengths:
- Well-diversified client portfolio across multiple departments.
- Weaknesses:
- Low win rate of 0.0% indicates competitive challenges.
- Weak performance in financial health components.
- Opportunities:
- Expand bidding activity with high-value departments: Department of Defence Research & Development, Department of Military Affairs.
- Increase participation in underserved bid ranges.
- Explore growth potential in high-value projects.
- Threats:
- Intense competition from established players like AKSHARA ENTERPRISES INDIA PRIVATE LIMITED and CHANDRAHAS ENTERPRISES.
Strategic Recommendations
- Implement a more selective bid strategy: Focus on tenders with a higher probability of winning, considering historical win rates and competitive intensity.
- Establish a pre-bid qualification process: Thoroughly evaluate tender requirements and assess the company's capabilities before submitting a bid.
- Develop targeted business development plans: Focus on building relationships with key decision-makers in high-value departments.
- Allocate more resources to bid preparation: Invest in creating high-quality, compelling bid documents that address all tender requirements comprehensively.
- Create a market expansion strategy: Explore opportunities to expand into new geographical regions and product/service categories.
Future Growth Outlook
Based on historical trends and sector dynamics, Fervid Smart Solutions' future growth outlook is neutral. To achieve sustainable growth, the company needs to address its low win rate and strengthen its competitive positioning. By implementing the strategic recommendations outlined above, Fervid Smart Solutions can improve its tender performance and capitalize on opportunities in the Indian government procurement sector. The company's success will depend on its ability to adapt to changing market conditions and effectively compete against established players. The tender performance metrics shows that Fervid Smart Solutions needs to act swiftly to win future projects and maintain reputation. Key areas like Ministry of Defence need special attention.