hercules mechanical works
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 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 42 bids — AJSIM INDUSTRIAL SERVICES PRIVATE LIMITED appeared in 12 of them.
HERCULES MECHANICAL WORKS
HERCULES MECHANICAL WORKS
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
185
Contract Value
₹68.02 Cr
L1 Bids
21
Recent Win Rate
14.3%
Performance Analytics
Hercules Mechanical Works Government Tender Profile
With a substantial portfolio of 185 government tender participations, Hercules Mechanical Works 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 21 Contract Wins
Hercules Mechanical Works has successfully secured 21 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 11.4% across 185 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.
Notably, Hercules Mechanical Works has demonstrated capability in high-value government contracts, participating in 5 major procurement projects. This experience with premium government tenders indicates their capacity to handle significant public sector work and complex project requirements.
Financial Performance in Government Tenders
Hercules Mechanical Works has bid on contracts with a total value of ₹,68,01,66,956.0, successfully securing ₹,68,01,66,956.0 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.