Gemgovin Private Limited: Government Tender Performance Analysis

Executive Summary

Gemgovin Private Limited has actively participated in the Indian government procurement landscape, submitting 23 bids between April 2018 and March 2025. Their tender performance reveals a 13.0% win rate during this period, securing 3 L1 positions as the lowest bidder. The company's total contract value secured is ₹1,11,36,555. Their technical qualification rate stands at 78.3%, indicating a strong understanding of government tender requirements.

Gemgovin demonstrates a specialized focus within the Maharashtra government tenders and has established a presence in procurements by the Central Council for Research in Ayurvedic Sciences, Indian Railways, and Medical Education and Drugs Department Maharashtra.

TenderAI's analysis assesses Gemgovin's financial health with a score of 28.7/100, categorizing it as 'Critical.' This score considers factors like win rate, contract value, and bid efficiency. Gemgovin's current market positioning presents both challenges and opportunities for strategic growth within the competitive government tender sector. Improvement in win rate will be crucial for future success.

Key areas for improvement include bid efficiency and strategic pricing, particularly in lower-value tender ranges. A refined bidding strategy, focusing on strategically winnable tenders, will enhance their overall performance. While financial health is rated critical, there are also some positive opportunities.

Financial Performance Analysis

Gemgovin's financial performance in government tenders shows varying trends over the past few fiscal years. Here's a breakdown: