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hitech equipments pvt ltd Tender Performance & Track Record

CIN: U28932WB1988PTC043639
Active
Private
Company limited by shares

hitech equipments pvt ltd

Tender Performance & Track Record

CIN: U28932WB1988PTC043639
Active
Private
Company limited by shares

Company Overview

Summary
Hitech Equipments Pvt Ltd: Business Analysis & Strategic Insights Hitech Equipments Pvt Ltd stands as a notable participant in the public sector procurement landscape, actively engaging in 42 government tenders. This business analysis report provides a comprehensive overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations.
Primary Ministry: Ministry of PowerPrimary Department: Steel Authority of India Limited
Founded: 1988State: WEST BENGAL
Primary Ministry:
Ministry of Power
Primary Department:
Steel Authority of India Limited
Founded:1988
State:WEST BENGAL

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids26
Value₹7.81Cr

Qualified Bids / Q Rate

Bids21
Q Rate80.8%

Total Wins / Win Value

Win11
Value₹93.79L

Wins Rate / Q-W Rate

Rate42.3%
Q-W Rate52.4%

Detailed Performance Analysis

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Tender Performance by Ministries

6 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Power

42.9% win rate
14
₹6.82 Cr
13
6
₹79.35 Lakh

Ministry of Power

Bids
14
₹6.82 Cr
Qualified
13
Wins
6
₹79.35 Lakh
42.9% win rate

Ministry of Steel

66.7% win rate
6
₹15.79 Lakh
5
4
₹8.36 Lakh

Ministry of Steel

Bids
6
₹15.79 Lakh
Qualified
5
Wins
4
₹8.36 Lakh
66.7% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
2
₹29.62 Lakh
1
0
₹0

Ministry of Chemicals and Fertilizers

Bids
2
₹29.62 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Ports, Shipping and Waterways

50.0% win rate
2
₹38.58 Lakh
1
1
₹6.08 Lakh

Ministry of Ports, Shipping and Waterways

Bids
2
₹38.58 Lakh
Qualified
1
Wins
1
₹6.08 Lakh
50.0% win rate

Ministry of Coal

0.0% win rate
1
₹8.54 Lakh
1
0
₹0

Ministry of Coal

Bids
1
₹8.54 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹6.63 Lakh
0
0
₹0

Ministry of Mines

Bids
1
₹6.63 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 26 bids — JAIMATADI MACHINERY PRIVATE LIMITED appeared in 10 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HITECH EQUIPMENTS PVT LTD

Your Company
42.3% win rate
26
₹7.81 Cr
21
80.8%
11
₹93.79 Lakh

HITECH EQUIPMENTS PVT LTD

Your Company
Total Bids
26
₹7.81 Cr
Qualified
21
80.8%
Wins
11
₹93.79 Lakh
42.3% win rate
JAIMATADI MACHINERY PRIVATE LIMITED
30.0% win rate
10
₹1.40 Cr
9
90.0%
3
₹42.34 Lakh
JAIMATADI MACHINERY PRIVATE LIMITED
Total Bids
10
₹1.40 Cr
Qualified
9
90.0%
Wins
3
₹42.34 Lakh
30.0% win rate
NANDY ENGINEERING CONCERN
50.0% win rate
4
₹54.58 Lakh
4
100.0%
2
₹39.13 Lakh
NANDY ENGINEERING CONCERN
Total Bids
4
₹54.58 Lakh
Qualified
4
100.0%
Wins
2
₹39.13 Lakh
50.0% win rate
HAZRA ENGINEERING WORKS
75.0% win rate
4
₹41.48 Lakh
3
75.0%
3
₹34.84 Lakh
HAZRA ENGINEERING WORKS
Total Bids
4
₹41.48 Lakh
Qualified
3
75.0%
Wins
3
₹34.84 Lakh
75.0% win rate
KALYANI ALLOY CASTINGS LTD
25.0% win rate
4
₹2.98 Cr
4
100.0%
1
₹6.86 Lakh
KALYANI ALLOY CASTINGS LTD
Total Bids
4
₹2.98 Cr
Qualified
4
100.0%
Wins
1
₹6.86 Lakh
25.0% win rate
T N S HEAVY ENGINEERING PRIVATE LIMITED
0.0% win rate
10
₹1.29 Cr
8
80.0%
0
₹0
T N S HEAVY ENGINEERING PRIVATE LIMITED
Total Bids
10
₹1.29 Cr
Qualified
8
80.0%
Wins
0
₹0
0.0% win rate
KALI BMH SYSTEMS PRIVATE LIMITED
0.0% win rate
7
₹1.64 Cr
7
100.0%
0
₹0
KALI BMH SYSTEMS PRIVATE LIMITED
Total Bids
7
₹1.64 Cr
Qualified
7
100.0%
Wins
0
₹0
0.0% win rate
BLACK DIAMOND EQUIPMENTS PRIVATE LIMITED
0.0% win rate
4
₹35.35 Lakh
4
100.0%
0
₹0
BLACK DIAMOND EQUIPMENTS PRIVATE LIMITED
Total Bids
4
₹35.35 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
J.B. INDUSTRIES
0.0% win rate
4
₹3.72 Cr
0
0.0%
0
₹0
J.B. INDUSTRIES
Total Bids
4
₹3.72 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
S P ENTERPRISE
0.0% win rate
3
₹40.10 Lakh
0
0.0%
0
₹0
S P ENTERPRISE
Total Bids
3
₹40.10 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
NATIONAL ENGINEERING WORKS
0.0% win rate
3
₹7.46 Lakh
3
100.0%
0
₹0
NATIONAL ENGINEERING WORKS
Total Bids
3
₹7.46 Lakh
Qualified
3
100.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU28932WB1988PTC043639
Class
Private
Status
Active
Founded1988

Financial Details

Authorized Capital₹50.0L
Paid-up Capital₹19.4L

Registered Office

PLOT NO. 62,ULUBERIA INDUSTRIAL GROWTH CENTRENA-HOWRAH-West Bengal-711316-India

Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code28932

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Kolkata
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

43

Qualified: 32
Q Rate: 74.4%

Contract Value

₹12.93 Cr

Avg. Bid: ₹20.10 Lakh
Avg. EMD: ₹5.00 Lakh

L1 Bids

14

Win Rate: 32.6%
Q to W Ratio: 43.8%

Recent Win Rate

36.8%

Change: +5.6%
Period: FY 2024-25

Performance Analytics

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

Hitech Equipments Pvt Ltd: Business Analysis & Strategic Insights

Hitech Equipments Pvt Ltd stands as a notable participant in the public sector procurement landscape, actively engaging in 42 government tenders. This business analysis report provides a comprehensive overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations.

Executive Summary

Hitech Equipments demonstrates a solid presence in the government tender market, achieving a 31.0% overall win rate across 42 tender participations. The company has successfully secured 13 L1 positions, highlighting their competitive bid strategy. Their financial performance reveals a conversion of ₹12,92,30,083.0 in bid value to won contracts, demonstrating their effectiveness in securing valuable public sector projects. Although their financial health is rated as 'Good' with a score of 69.4/100, targeted strategies can further optimize their performance and market positioning within the industrial sector.

Financial Performance of Hitech Equipments

Key Financial Metrics

  • Total Contract Value: Hitech Equipments has secured contracts with a total value of ₹12,92,30,083.0.
  • Average Bid Amount: The average bid amount is ₹21,57,344.48, reflecting the scale of projects pursued.
  • Average EMD: The average Earnest Money Deposit (EMD) of ₹5,00,000.0 underscores their financial capability to handle significant tenders.