FORETEK MARKETING PRIVATE LIMITED: Comprehensive Tender Analysis

Executive Summary

Foretek Marketing Private Limited has established a notable presence in the Indian government tender landscape. This analysis provides a detailed overview of their tender performance, financial health, and competitive positioning, specifically targeting Indian government procurement officers, industry stakeholders, and potential investors. From April 2018 to March 2025, Foretek Marketing participated in 42 tenders, achieving a win rate of 21.4% and a qualification rate of 61.9%. Their contract value has grown significantly, particularly between FY2022-23 and FY2023-24, indicating a strong growth trajectory. TenderAI's financial health assessment assigns Foretek a score of 38.9/100, categorized as 'Concerning,' based on win rate, contract value, bid efficiency, growth, and consistency.

Foretek Marketing's market positioning is competitive, demonstrating particular strength in tenders related to the Ministry of Defence and engagements with organizations like the National Institute Of Technology (NIT). Their average Earnest Money Deposit (EMD) of ₹40,000 signifies their capacity to handle substantial tenders requiring bid security.

This comprehensive analysis delves into the specific factors influencing Foretek Marketing's performance, providing strategic recommendations for future growth and success in the Indian government procurement ecosystem. Key industry terms such as "government supplier," "defence sector provider," and "vibration sensing accelerometers vendor" are integrated throughout this analysis to enhance its relevance and searchability for stakeholders.

Financial Performance Analysis

Yearly Trends

Foretek Marketing's yearly financial performance reveals a dynamic trend. While initial years showed no activity, a significant uptick occurred in FY2023-24, followed by a decrease in FY2024-25. The company's win rate peaked at 42.86% in FY2023-24.