Goyal Medico Government Tender Profile

With a substantial portfolio of 53 government tender participations, Goyal Medico has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 8 Contract Wins

Goyal Medico has successfully secured 8 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 15.1% across 53 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Goyal Medico has bid on contracts with a total value of ₹,15,09,72,981.0, successfully securing ₹,15,09,72,981.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

The company has established a regional presence in Jharkhand government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Health And Family Welfare Department Chhattisgarh, Department Of Health And Family Welfare, where they have demonstrated specific procurement expertise. They have experience bidding with Ntpc Limited, showing familiarity with diverse organizational procurement requirements.