Group 24/7 Logistic Security Services: Government Tender Profile - Analysis Report

This report provides a comprehensive business analysis of Group 24/7 Logistic Security Services, focusing on their performance in government tenders. With a portfolio of 1052 government tender participations, this security services company has demonstrated strategic engagement in India's public procurement landscape. Key performance indicators (KPIs) and financial metrics are analyzed to provide insights into their bidding performance, tender success patterns, and competitive positioning in the security services industry.

Executive Summary

Group 24/7 Logistic Security Services exhibits a strong presence in the government procurement sector, particularly in the security services and manpower outsourcing categories. The company has secured 418 L1 positions out of 1052 tender participations, resulting in a win rate of 39.7%. They have participated in 70 major procurement projects, indicating a capacity to handle significant public sector work.

• The company's financial performance shows a conversion rate of 100.0% of bid value to won contracts, translating to ₹8,63,68,26,536.0 in government contract value secured.
• Competitive analysis reveals that Group 24/7 Logistic Security Services faces significant competition from entities like Tripathi Brothers Services and Angel Manpower & Security Services, but maintains a strong market position in specific categories.
• Strategic recommendations focus on improving bidding strategies in underserved bid ranges, enhancing technical compliance, and leveraging strong seasonal performance.

Financial Performance of Group 24/7 Logistic Security Services

This section delves into the financial metrics and trends exhibited by Group 24/7 Logistic Security Services in the government tender landscape. Understanding their financial performance is crucial for assessing their sustainability and growth potential within the security services sector.