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herco transformers limited Tender Performance & Track Record

CIN: U74999PN2013PLC149928
Active
Public
Company limited by shares

herco transformers limited

Tender Performance & Track Record

CIN: U74999PN2013PLC149928
Active
Public
Company limited by shares

Company Overview

Summary
HERCO TRANSFORMERS LIMITED: Business Analysis & Strategic Insights This comprehensive business analysis delves into the performance of HERCO TRANSFORMERS LIMITED within the competitive landscape of transformer manufacturing and government procurement. With a focus on financial performance, competitive positioning, and strategic opportunities, this report offers actionable insights for driving sustainable growth.
Primary Ministry: Ministry of PowerPrimary Department: Department of Military Affairs
Founded: 2013State: MAHARASHTRA
Primary Ministry:
Ministry of Power
Primary Department:
Department of Military Affairs
Founded:2013
State:MAHARASHTRA

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids35
Value₹9.26Cr

Qualified Bids / Q Rate

Bids15
Q Rate42.9%

Total Wins / Win Value

Win2
Value₹37.17L

Wins Rate / Q-W Rate

Rate5.7%
Q-W Rate13.3%

Detailed Performance Analysis

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Tender Performance by Ministries

9 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Power

10.0% win rate
10
₹4.62 Cr
4
1
₹37.11 Lakh

Ministry of Power

Bids
10
₹4.62 Cr
Qualified
4
Wins
1
₹37.11 Lakh
10.0% win rate

Ministry of Defence

0.0% win rate
8
₹37.91 Lakh
5
0
₹0

Ministry of Defence

Bids
8
₹37.91 Lakh
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
5
₹3.57 Cr
0
0
₹0

Ministry of Petroleum and Natural Gas

Bids
5
₹3.57 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Chemicals and Fertilizers

33.3% win rate
3
₹2.11 Lakh
1
1
₹6K

Ministry of Chemicals and Fertilizers

Bids
3
₹2.11 Lakh
Qualified
1
Wins
1
₹6K
33.3% win rate

Ministry of Steel

0.0% win rate
3
₹36.91 Lakh
3
0
₹0

Ministry of Steel

Bids
3
₹36.91 Lakh
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Coal

0.0% win rate
2
₹10.68 Lakh
1
0
₹0

Ministry of Coal

Bids
2
₹10.68 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
2
₹2.71 Lakh
1
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹2.71 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹16.28 Lakh
0
0
₹0

Ministry of Mines

Bids
1
₹16.28 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Ports, Shipping and Waterways

0.0% win rate
1
₹1.25 Lakh
0
0
₹0

Ministry of Ports, Shipping and Waterways

Bids
1
₹1.25 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 35 bids — POWER STAR appeared in 14 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HERCO TRANSFORMERS LIMITED

Your Company
5.7% win rate
35
₹9.26 Cr
15
42.9%
2
₹37.17 Lakh

HERCO TRANSFORMERS LIMITED

Your Company
Total Bids
35
₹9.26 Cr
Qualified
15
42.9%
Wins
2
₹37.17 Lakh
5.7% win rate
POWER STAR
64.3% win rate
14
₹7.07 Cr
12
85.7%
9
₹5.79 Cr
POWER STAR
Total Bids
14
₹7.07 Cr
Qualified
12
85.7%
Wins
9
₹5.79 Cr
64.3% win rate
NGG POWER TECH INDIA PRIVATE LIMITED
10.0% win rate
10
₹2.85 Cr
7
70.0%
1
₹11.77 Lakh
NGG POWER TECH INDIA PRIVATE LIMITED
Total Bids
10
₹2.85 Cr
Qualified
7
70.0%
Wins
1
₹11.77 Lakh
10.0% win rate
POWERTURN ENGINEERS PVT LTD
30.0% win rate
10
₹22.65 Lakh
10
100.0%
3
₹4.14 Lakh
POWERTURN ENGINEERS PVT LTD
Total Bids
10
₹22.65 Lakh
Qualified
10
100.0%
Wins
3
₹4.14 Lakh
30.0% win rate
KALPA ELECTRIKAL PRIVATE LIMITED
0.0% win rate
17
₹2.22 Cr
10
58.8%
0
₹0
KALPA ELECTRIKAL PRIVATE LIMITED
Total Bids
17
₹2.22 Cr
Qualified
10
58.8%
Wins
0
₹0
0.0% win rate
AIREN POWER
0.0% win rate
7
₹2.37 Cr
1
14.3%
0
₹0
AIREN POWER
Total Bids
7
₹2.37 Cr
Qualified
1
14.3%
Wins
0
₹0
0.0% win rate
GUJARAT PLUG-IN DEVICES PVT LTD
0.0% win rate
6
₹63.26 Lakh
3
50.0%
0
₹0
GUJARAT PLUG-IN DEVICES PVT LTD
Total Bids
6
₹63.26 Lakh
Qualified
3
50.0%
Wins
0
₹0
0.0% win rate
ESENNAR TRANSFORMERS PRIVATE LIMITED
0.0% win rate
6
₹4.01 Cr
1
16.7%
0
₹0
ESENNAR TRANSFORMERS PRIVATE LIMITED
Total Bids
6
₹4.01 Cr
Qualified
1
16.7%
Wins
0
₹0
0.0% win rate
TUSK ELECTRONICS PRIVATE LIMITED
0.0% win rate
5
₹12.27 Lakh
5
100.0%
0
₹0
TUSK ELECTRONICS PRIVATE LIMITED
Total Bids
5
₹12.27 Lakh
Qualified
5
100.0%
Wins
0
₹0
0.0% win rate
POWER SYSTEM CONTROL
0.0% win rate
5
₹9.89 Lakh
4
80.0%
0
₹0
POWER SYSTEM CONTROL
Total Bids
5
₹9.89 Lakh
Qualified
4
80.0%
Wins
0
₹0
0.0% win rate
M/S SHRI KRISHNA COMMERCIAL
0.0% win rate
4
₹22.94 Lakh
3
75.0%
0
₹0
M/S SHRI KRISHNA COMMERCIAL
Total Bids
4
₹22.94 Lakh
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU74999PN2013PLC149928
Class
Public
Status
Active
Founded2013

Financial Details

Authorized Capital₹5.0Cr
Paid-up Capital₹1.2Cr

Registered Office

Sub Plot No. 8, F.P. No. 13 & 14, Ramtekad Industrial EstateNA-Pune-Maharashtra-411028-India

Industry Classification

Business Services

NIC Code74999

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Pune
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

178

Qualified: 90
Q Rate: 50.6%

Contract Value

₹44.26 Cr

Avg. Bid: ₹10.77 Lakh
Avg. EMD: ₹75K

L1 Bids

12

Win Rate: 6.7%
Q to W Ratio: 13.3%

Recent Win Rate

6.5%

Change: +0.1%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

HERCO TRANSFORMERS LIMITED: Business Analysis & Strategic Insights

This comprehensive business analysis delves into the performance of HERCO TRANSFORMERS LIMITED within the competitive landscape of transformer manufacturing and government procurement. With a focus on financial performance, competitive positioning, and strategic opportunities, this report offers actionable insights for driving sustainable growth.

Executive Summary

HERCO TRANSFORMERS LIMITED has demonstrated a strategic presence in the government tender landscape, participating in 174 bids and securing 11 L1 wins. While the overall win rate stands at 6.3%, there are notable opportunities for improvement and strategic realignment. The company's engagement with key ministries like the Ministry of Defence and Ministry of Power indicates a diversified client portfolio. However, a recent decline in win rate and a 'Critical' financial health score of 21.3/100 necessitates a focused approach to optimize bidding strategies and enhance competitive positioning.

Financial Performance of HERCO TRANSFORMERS LIMITED

This section analyzes the financial performance of HERCO TRANSFORMERS LIMITED based on its participation in government tenders. Key metrics include bid volume, win rate, contract value, and financial trends.

Key Financial Statistics

  • Total Contract Value: ₹43,79,01,358.0