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hico electronics Tender Performance & Track Record

hico electronics

Tender Performance & Track Record

Company Overview

Summary
HICO Electronics: Government Tender Performance Analysis This comprehensive SEO-optimized business analysis report provides an in-depth evaluation of HICO Electronics' performance in the Indian government tender landscape. With 460 government tender participations, HICO Electronics has demonstrated a significant presence in public procurement, securing a 33.9% win rate and 156 L1 positions. This report analyzes their financial performance, competitive positioning, and provides strategic recommendations for future growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids187
Value₹2.60Cr

Qualified Bids / Q Rate

Bids173
Q Rate92.5%

Total Wins / Win Value

Win48
Value₹56.58L

Wins Rate / Q-W Rate

Rate25.7%
Q-W Rate27.8%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

25.3% win rate
186
₹2.60 Cr
172
47
₹56.46 Lakh

Ministry of Defence

Bids
186
₹2.60 Cr
Qualified
172
Wins
47
₹56.46 Lakh
25.3% win rate

Ministry of Electronics and Information Technology

100.0% win rate
1
₹12K
1
1
₹12K

Ministry of Electronics and Information Technology

Bids
1
₹12K
Qualified
1
Wins
1
₹12K
100.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 187 bids — R TECH ENTERPRISES appeared in 97 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HICO ELECTRONICS

Your Company
25.7% win rate
187
₹2.60 Cr
173
92.5%
48
₹56.58 Lakh

HICO ELECTRONICS

Your Company
Total Bids
187
₹2.60 Cr
Qualified
173
92.5%
Wins
48
₹56.58 Lakh
25.7% win rate
R TECH ENTERPRISES
25.8% win rate
97
₹1.33 Cr
88
90.7%
25
₹36.32 Lakh
R TECH ENTERPRISES
Total Bids
97
₹1.33 Cr
Qualified
88
90.7%
Wins
25
₹36.32 Lakh
25.8% win rate
BHULLAR ENTERPRISES
29.3% win rate
41
₹39.23 Lakh
38
92.7%
12
₹11.02 Lakh
BHULLAR ENTERPRISES
Total Bids
41
₹39.23 Lakh
Qualified
38
92.7%
Wins
12
₹11.02 Lakh
29.3% win rate
AMAN TRADERS
25.0% win rate
16
₹24.55 Lakh
15
93.8%
4
₹6.30 Lakh
AMAN TRADERS
Total Bids
16
₹24.55 Lakh
Qualified
15
93.8%
Wins
4
₹6.30 Lakh
25.0% win rate
VANSH ENTERPRISES
23.1% win rate
13
₹16.96 Lakh
12
92.3%
3
₹5.30 Lakh
VANSH ENTERPRISES
Total Bids
13
₹16.96 Lakh
Qualified
12
92.3%
Wins
3
₹5.30 Lakh
23.1% win rate
SUBHASH ENTERPRISES
29.2% win rate
24
₹15.79 Lakh
24
100.0%
7
₹3.86 Lakh
SUBHASH ENTERPRISES
Total Bids
24
₹15.79 Lakh
Qualified
24
100.0%
Wins
7
₹3.86 Lakh
29.2% win rate
DHRUV SHAKTI ELECTRONICS
41.7% win rate
12
₹7.60 Lakh
12
100.0%
5
₹3.22 Lakh
DHRUV SHAKTI ELECTRONICS
Total Bids
12
₹7.60 Lakh
Qualified
12
100.0%
Wins
5
₹3.22 Lakh
41.7% win rate
NAV TECHNOLOGIES AND SERVICES
14.3% win rate
14
₹21.24 Lakh
14
100.0%
2
₹3.00 Lakh
NAV TECHNOLOGIES AND SERVICES
Total Bids
14
₹21.24 Lakh
Qualified
14
100.0%
Wins
2
₹3.00 Lakh
14.3% win rate
ANJU ENTERPRIZE COMPANY
6.3% win rate
16
₹26.19 Lakh
14
87.5%
1
₹2.65 Lakh
ANJU ENTERPRIZE COMPANY
Total Bids
16
₹26.19 Lakh
Qualified
14
87.5%
Wins
1
₹2.65 Lakh
6.3% win rate
BHAGWAN DAS AND SONS
6.7% win rate
15
₹14.88 Lakh
8
53.3%
1
₹48K
BHAGWAN DAS AND SONS
Total Bids
15
₹14.88 Lakh
Qualified
8
53.3%
Wins
1
₹48K
6.7% win rate
SHRI K.D.INDUSTRIES
0.0% win rate
14
₹22.59 Lakh
12
85.7%
0
₹0
SHRI K.D.INDUSTRIES
Total Bids
14
₹22.59 Lakh
Qualified
12
85.7%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

460

Qualified: 419
Q Rate: 91.1%

Contract Value

₹5.90 Cr

Avg. Bid: ₹1.36 Lakh
Avg. EMD: ₹82K

L1 Bids

156

Win Rate: 33.9%
Q to W Ratio: 37.2%

Recent Win Rate

27.4%

Change: -16.2%
Period: FY 2024-25

Performance Analytics

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

HICO Electronics: Government Tender Performance Analysis

This comprehensive SEO-optimized business analysis report provides an in-depth evaluation of HICO Electronics' performance in the Indian government tender landscape. With 460 government tender participations, HICO Electronics has demonstrated a significant presence in public procurement, securing a 33.9% win rate and 156 L1 positions. This report analyzes their financial performance, competitive positioning, and provides strategic recommendations for future growth.

Executive Summary

HICO Electronics has achieved a notable 33.9% win rate in government tenders, indicating a strong understanding of the public procurement process. With 156 L1 wins, the company demonstrates competitive pricing and effective bid strategies. Their financial growth is reflected in securing valuable government contracts, contributing to a stable market position in the electronics and defense sectors. This report explores key performance indicators (KPIs), competitive dynamics, and offers actionable insights to enhance HICO Electronics' future tender success. Key keyword combinations such as Hico Electronics financial performance, electronics industry business analysis, and competitive positioning electronics are naturally integrated throughout.

Financial Performance

Contract Value and Conversion

HICO Electronics has bid on contracts totaling ₹5,89,79,866.0, successfully securing the same amount in government contracts. This represents a 100.0% conversion rate of bid value to won contracts, indicating a targeted and effective approach to securing valuable public sector projects. The Hico Electronics financial performance reveals a consistent ability to convert bids into secured contracts.

Earnest Money Deposit (EMD)