harkamal maritime industries private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 19 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 4 bids — ALMIGHTY MANPOWER & SECURITY SERVICES appeared in 1 of them.
HARKAMAL MARITIME INDUSTRIES PRIVATE LIMITED
HARKAMAL MARITIME INDUSTRIES PRIVATE LIMITED
Financial Details
Registered Office
No. 302, 4th Floor, Sai Nilayam Apartment, Gomathy Nagar, Mini Byepass Road, Magunta Layout,NA-Nellore-Andhra Pradesh-524002-India
Industry Classification
Business Services
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
8
Contract Value
₹8.31 Cr
L1 Bids
3
Recent Win Rate
0.0%
Performance Analytics
Harkamal Maritime Industries: Government Tender Performance Analysis
Executive Summary:
Harkamal Maritime Industries Private Limited is establishing its presence in India's government tender ecosystem. This analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy. From April 2023 to March 2024, Harkamal participated in 8 tenders, achieving a win rate of 37.5%. The company has secured 3 L1 positions, demonstrating potential for growth. A key strength lies in their technical capabilities, reflected in a 75.0% qualification rate. Financial performance shows ₹8.3 crore in government contract value secured, with a conversion rate of 100.0% for won contracts. TenderAI's financial health assessment rates Harkamal as 'Good' with a score of 72.2/100, driven by strong bid efficiency and contract value components.
Harkamal's market positioning is notable in specific sectors, particularly within the Ministry of Ports, Shipping and Waterways, and the Department of Atomic Energy. They've also engaged with organizations like Hindustan Petroleum Corporation Ltd, showing adaptability. The company shows a strong win rate against HYDRO ENGINEERS AND DIVERS INDIA PRIVATE LIMITED. A strategic focus on high-value tenders and strengthening competitive advantages is recommended.
Their relatively low disqualification rate of 25.0% indicates generally sound technical compliance practices, though continued refinement in documentation standards could further improve qualification outcomes.
Financial Performance Analysis
Yearly Trends:
Harkamal Maritime Industries has actively participated in government tenders in recent fiscal years, showing significant progress. From FY2023-24, the company participated in 4 bids with 3 wins, achieving a 75.0% win rate and securing contracts worth ₹1.95 crore. However, FY2024-25 saw a decrease in the win rate to 0.0%, despite the same number of bids, securing contracts worth ₹6.36 crore.