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hertel industries private limited Tender Performance & Track Record

CIN: U29308GJ2017PTC099995
Active
Private
Company limited by shares

hertel industries private limited

Tender Performance & Track Record

CIN: U29308GJ2017PTC099995
Active
Private
Company limited by shares

Company Overview

Summary
HERTEL Industries: Business Analysis and Strategic Outlook HERTEL Industries Private Limited demonstrates promising engagement in the government tender sector. This analysis provides a comprehensive overview of their financial performance, competitive landscape, and strategic opportunities to optimize business growth strategy within the machinery equipment manufacturing industry. With a noteworthy 22.7% win rate and 10 successful L1 bids, Hertel Industries showcases potential for further expansion and market penetration.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 2017State: GUJARAT
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:2017
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids15
Value₹1.64Cr

Qualified Bids / Q Rate

Bids9
Q Rate60.0%

Total Wins / Win Value

Win5
Value₹10.06L

Wins Rate / Q-W Rate

Rate33.3%
Q-W Rate55.6%

Detailed Performance Analysis

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Tender Performance by Ministries

6 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

75.0% win rate
4
₹97.31 Lakh
3
3
₹8.99 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
4
₹97.31 Lakh
Qualified
3
Wins
3
₹8.99 Lakh
75.0% win rate

PMO

0.0% win rate
3
₹11.45 Lakh
1
0
₹0

PMO

Bids
3
₹11.45 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Defence

50.0% win rate
2
₹1.19 Lakh
2
1
₹11K

Ministry of Defence

Bids
2
₹1.19 Lakh
Qualified
2
Wins
1
₹11K
50.0% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
2
₹27.73 Lakh
0
0
₹0

Ministry of Petroleum and Natural Gas

Bids
2
₹27.73 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Power

50.0% win rate
2
₹4.41 Lakh
2
1
₹96K

Ministry of Power

Bids
2
₹4.41 Lakh
Qualified
2
Wins
1
₹96K
50.0% win rate

Ministry of Steel

0.0% win rate
1
₹20.18 Lakh
0
0
₹0

Ministry of Steel

Bids
1
₹20.18 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 15 bids — KALPA ELECTRIKAL PRIVATE LIMITED appeared in 4 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HERTEL INDUSTRIES PRIVATE LIMITED

Your Company
33.3% win rate
15
₹1.64 Cr
9
60.0%
5
₹10.06 Lakh

HERTEL INDUSTRIES PRIVATE LIMITED

Your Company
Total Bids
15
₹1.64 Cr
Qualified
9
60.0%
Wins
5
₹10.06 Lakh
33.3% win rate
KALPA ELECTRIKAL PRIVATE LIMITED
0.0% win rate
4
₹11.92 Lakh
1
25.0%
0
₹0
KALPA ELECTRIKAL PRIVATE LIMITED
Total Bids
4
₹11.92 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
GUJARAT PLUG-IN DEVICES PVT LTD
0.0% win rate
3
₹11.61 Lakh
2
66.7%
0
₹0
GUJARAT PLUG-IN DEVICES PVT LTD
Total Bids
3
₹11.61 Lakh
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
LAXMI ELECTRICALS
0.0% win rate
2
₹1.10 Lakh
0
0.0%
0
₹0
LAXMI ELECTRICALS
Total Bids
2
₹1.10 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
POWER SYSTEM CONTROL
0.0% win rate
2
₹1.26 Lakh
1
50.0%
0
₹0
POWER SYSTEM CONTROL
Total Bids
2
₹1.26 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
MICROMOT CONTROLS
0.0% win rate
2
₹11.53 Lakh
1
50.0%
0
₹0
MICROMOT CONTROLS
Total Bids
2
₹11.53 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
HERCO TRANSFORMERS LIMITED
0.0% win rate
2
₹4.41 Lakh
2
100.0%
0
₹0
HERCO TRANSFORMERS LIMITED
Total Bids
2
₹4.41 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
INDUSREE
0.0% win rate
2
₹4.41 Lakh
2
100.0%
0
₹0
INDUSREE
Total Bids
2
₹4.41 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
POWERTURN ENGINEERS PVT LTD
0.0% win rate
2
₹4.41 Lakh
2
100.0%
0
₹0
POWERTURN ENGINEERS PVT LTD
Total Bids
2
₹4.41 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
NEXUS GLOBAL
0.0% win rate
2
₹3.66 Lakh
1
50.0%
0
₹0
NEXUS GLOBAL
Total Bids
2
₹3.66 Lakh
Qualified
1
50.0%
Wins
0
₹0
0.0% win rate
TECHNICAL SYSTEMS
0.0% win rate
2
₹1.16 Lakh
2
100.0%
0
₹0
TECHNICAL SYSTEMS
Total Bids
2
₹1.16 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29308GJ2017PTC099995
Class
Private
Status
Active
Founded2017

Financial Details

Authorized Capital₹1.0L
Paid-up Capital₹1.0L

Registered Office

E-64, SECTOR-26,GIDCNA-GANDHINAGAR-Gujarat-382028-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29308

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

45

Qualified: 26
Q Rate: 57.8%

Contract Value

₹5.74 Cr

Avg. Bid: ₹1.38 Lakh
Avg. EMD: ₹0

L1 Bids

10

Win Rate: 22.2%
Q to W Ratio: 38.5%

Recent Win Rate

33.3%

Change: +15.5%
Period: FY 2024-25

Performance Analytics

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

HERTEL Industries: Business Analysis and Strategic Outlook

HERTEL Industries Private Limited demonstrates promising engagement in the government tender sector. This analysis provides a comprehensive overview of their financial performance, competitive landscape, and strategic opportunities to optimize business growth strategy within the machinery equipment manufacturing industry. With a noteworthy 22.7% win rate and 10 successful L1 bids, Hertel Industries showcases potential for further expansion and market penetration.

Executive Summary

HERTEL Industries has actively participated in 44 government tenders, showcasing a competitive positioning within their sector. Key highlights include:

  • A win rate of 22.7%, indicating effective bid strategies.
  • Securing 10 L1 positions, underscoring competitive pricing.
  • Total contract value won of ₹5,70,21,220.0, demonstrating their capability in securing valuable projects.

Despite these successes, a recent financial health score of 37.6/100 ('Concerning') signals areas needing strategic improvement. Recommendations focus on optimizing pricing, enhancing bid quality, and targeting high-value opportunities to improve HERTEL Industries' financial performance and overall competitiveness.

Financial Performance