fitech equipments(india)pvt ltd
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 5 bids — RUBY ENGINEERS appeared in 1 of them.
FITECH EQUIPMENTS(INDIA)PVT LTD
FITECH EQUIPMENTS(INDIA)PVT LTD
Financial Details
Registered Office
4, CHAMPAKLAL INDUSTRIAL ESTATE SION -EASTNA-MUMBAI-Maharashtra-400022-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
16
Contract Value
₹24.72 Cr
L1 Bids
6
Recent Win Rate
40.0%
Performance Analytics
FITECH EQUIPMENTS(INDIA)PVT LTD: Comprehensive Tender Performance Analysis
FITECH EQUIPMENTS(INDIA)PVT LTD is a key player in the Indian fire safety equipment sector, participating in government tenders with a focus on providing specialized equipment and services. This comprehensive analysis, powered by TenderAI, examines FITECH's tender performance metrics, financial health, market positioning, and competitive landscape in the Indian government procurement ecosystem.
Executive Summary
From FY 2018-19 to FY 2024-25, FITECH EQUIPMENTS(INDIA)PVT LTD participated in 16 government tenders, achieving a win rate of 37.5%. Their qualification rate stands at 62.5%, indicating a strong ability to meet technical compliance requirements. The company's contract value has shown significant growth, with a 50.8% increase in FY 2024-25 compared to the previous year. TenderAI's financial health assessment of FITECH yields a score of 79.8/100, categorized as 'Good', based on key components like win rate, contract value, bid efficiency, and growth. FITECH's market positioning reflects a balanced approach, with strengths in high-value contracts and a well-diversified client portfolio. The company primarily engages with the Ministry of Petroleum and Natural Gas, securing contracts with Bharat Petroleum Corporation Ltd and Oil India Limited.
FITECH EQUIPMENTS(INDIA)PVT LTD's tender performance reflects a consistent ability to secure government contracts and maintain a strong financial standing. Their primary focus lies within the Ministry of Petroleum and Natural Gas, highlighting specialized expertise in this sector. To sustain growth and enhance competitiveness, FITECH should focus on strategic recommendations outlined in this report.
Financial Performance Analysis
Yearly Trends
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |