hi-tech elastomers limited
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 20 bids — RANE ELASTOMER PROCESSORS appeared in 8 of them.
HI-TECH ELASTOMERS LIMITED
HI-TECH ELASTOMERS LIMITED
Financial Details
Registered Office
2 CHIRAG APPARTMENT NR TRIVENITHREE BUNGLOWS BEHIND GOVT POLYTECHNICNA-AHMEDABAD-Gujarat-380015-India
Industry Classification
Trading
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
58
Contract Value
₹28.68 Cr
L1 Bids
20
Recent Win Rate
50.0%
Performance Analytics
HI-TECH ELASTOMERS LIMITED: Business Analysis & Government Tender Performance
This comprehensive business analysis report provides an in-depth overview of HI-TECH ELASTOMERS LIMITED, focusing on their financial performance, competitive landscape, and strategic positioning within the government tender ecosystem. With a 34.5% win rate in government tenders and significant financial growth in recent years, HI-TECH ELASTOMERS LIMITED demonstrates a strong potential for continued success. This report analyzes key performance indicators (KPIs), identifies strengths and weaknesses, and offers actionable recommendations to optimize their business growth strategy.
Executive Summary
HI-TECH ELASTOMERS LIMITED has demonstrated a solid presence in the government tender market, participating in 58 tenders and achieving a 34.5% win rate. Their ability to secure government contracts is evident in their 20 L1 bid wins. The company has shown significant financial growth, particularly in the FY 2023-24, securing substantial contract values. This report analyzes their competitive positioning, identifies strategic advantages, and provides recommendations to enhance their market share and financial performance within the elastomers industry. This includes a focus on HI-TECH ELASTOMERS LIMITED financial performance over time.
1. Financial Performance of HI-TECH ELASTOMERS LIMITED
This section delves into the financial metrics and performance trends of HI-TECH ELASTOMERS LIMITED, focusing on their success in government tenders. Understanding their financial performance is crucial for developing an effective business growth strategy. Below are key insights:
1.1. Key Financial Metrics
- Total Contract Value: HI-TECH ELASTOMERS LIMITED has secured contracts with a total value of ₹28,68,44,507.0, demonstrating their capacity to win and execute significant projects.