hero motocorp limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 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 32 bids — TVS MOTOR COMPANY LIMITED appeared in 11 of them.
HERO MOTOCORP LIMITED
HERO MOTOCORP LIMITED
Financial Details
Registered Office
The Grand Plaza, Plot No. 2 Nelson Mandela Road, Vasant Kunj - Phase-IINA-NEW DELHI-Delhi-110070-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
84
Contract Value
₹1050.90 Cr
L1 Bids
80
Recent Win Rate
96.3%
Performance Analytics
Hero Motocorp Limited: Dominating Government Tenders with a 95% Win Rate
Hero Motocorp Limited has established itself as a dominant player in the Indian government tender landscape. With 83 tender participations, the company demonstrates a strong strategic focus on public procurement. This comprehensive analysis provides insights into their bidding performance, tender success patterns, and competitive positioning, highlighting their government tender performance in securing valuable government contracts.
Executive Summary
Hero Motocorp Limited exhibits exceptional performance in government tenders, achieving a remarkable 95.2% win rate between April 2018 and March 2025. Out of 83 tenders, they secured 79 L1 positions, demonstrating a consistent ability to offer competitive pricing. Their financial health score, assessed by TenderAI, stands at an 'Excellent' 99.6/100, driven by a high win rate, consistent contract value, efficient bidding practices, and robust growth. The company is strategically positioned in the two-wheeler market, particularly excelling in tenders from the Ministry of Railways, Ministry of Defence, and Home Department Gujarat.
Their total contract value secured is ₹10,50,64,35,287, reflecting a 100% conversion rate from bid value to won contracts. This highlights their effectiveness in targeting and securing valuable public sector projects. Hero Motocorp Limited's consistently high qualification rate of 100.0% demonstrates their adherence to government tender requirements and their understanding of public procurement specifications.
This analysis emphasizes Hero Motocorp Limited's competitiveness as a government supplier, showcasing their strengths and potential for continued success in the Indian government tender market. The Hero Motocorp Limited government contracts win rate makes them a strong government contractor.
Financial Performance Analysis
Hero Motocorp Limited's financial performance in government tenders reveals consistent growth and a high success rate. The following table shows their year-on-year performance from FY 2018-19 to FY 2024-25: