KINTECH SYNERGY PRIVATE LIMITED
Company Overview
Total Bids
1
Contract Value
₹61.61 Lakh
L1 Bids
0
Historical Bids (Since 2018)
7
Participated Tenders
Operation and Maintenance Of Electrical Systems/Electrical Installations - Operation And Maintenanc
Executive Summary:
Kintech Synergy Private Limited is an emerging player in the Indian government tender landscape, demonstrating promising performance metrics in key areas. This analysis, powered by TenderAI, provides a comprehensive overview of Kintech Synergy's tender activity, financial health, and competitive positioning.
From FY 2022-23 to FY 2024-25, Kintech Synergy participated in 7 tenders, achieving a 14.3% win rate. Their technical qualification rate stands at an impressive 100% during the same period, indicating a strong understanding of government tender requirements. The company has secured a total contract value of ₹7,29,34,159.
TenderAI's financial health assessment assigns Kintech Synergy a score of 48.6/100, categorized as 'Concerning'. This score is based on components such as win rate, contract value, bid efficiency, growth, and consistency. While the qualification rate is high, the win rate needs improvement to achieve a better financial health score.
Kintech Synergy shows a specialized focus on the Department of Space, Department of Atomic Energy, and Department of Defence Production, suggesting a strategic alignment with specific government sectors.
Financial Performance Analysis
Yearly Trends:
Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |
---|---|---|---|---|---|
FY 2018-19 | 0 | 0 | 0.0% | 0.0% | ₹0 |
FY 2019-20 | 0 | 0 | 0.0% | 0.0% | ₹0 |
FY 2020-21 | 0 | 0 | 0.0% | 0.0% | ₹0 |
FY 2021-22 | 0 | 0 | 0.0% | 0.0% | ₹0 |
FY 2022-23 | 6 | 1 | 100.0% | 16.7% | ₹6,67,73,547 |
FY 2023-24 | 0 | 0 | 0.0% | 0.0% | ₹0 |
FY 2024-25 | 1 | 0 | 100.0% | 0.0% | ₹61,60,612 |
Quarterly Patterns: (Visualization described - actual visualization not possible in JSON)
Quarterly performance data (not directly available in provided data) would reveal seasonal trends. The 'insights' section indicates strong performance in Q3 and weaker performance in Q1, Q2, and Q4. Further data is needed to confirm.
Bid Distribution:
From April 2023 to March 2024, Kintech Synergy's bid distribution across price ranges is as follows:
- ₹0 - ₹40,00,000: 1 Bid
- ₹40,00,001 - ₹60,00,000: 1 Bid
- ₹60,00,001 - ₹80,00,000: 1 Bid
- ₹80,00,001 - ₹1,20,00,000: 2 Bids
- ₹1,20,00,001 - ₹1,60,00,000: 1 Bid
- ₹1,60,00,001 - ₹1,90,00,000: 1 Bid
This distribution suggests a focus on tenders in the ₹40 lakh to ₹1.9 crore range.
Product/Service Category Performance
(Category distribution data not available in the provided data. Requires further details on the specific product/service categories Kintech Synergy offers.)
Geographical & Departmental Distribution
Kintech Synergy's primary focus is on the Department of Space, with additional engagement with the Department of Atomic Energy and Department of Defence Production.
Department | Tender Count | Total Value |
---|---|---|
Department of Space | 5 | ₹5,63,44,270 |
Department of Atomic Energy | 1 | ₹1,28,13,889 |
Department of Defence Production | 1 | ₹37,76,000 |
SWOT Analysis of Kintech Synergy Private Limited
- Strengths:
- High technical qualification rate (100.0%)
- Weaknesses:
- Low win rate (14.3%)
- 'Concerning' financial health score (48.6/100)
- Inefficient bid process
- Opportunities:
- Expand bidding activity with high-value departments like Department of Space and Department of Atomic Energy.
- Increase participation in underserved bid ranges.
- Explore growth potential in high-value projects and new departments/ministries
- Threats:
- Competitive pressure from established players like Jitendra Electricals.
- Low success rate in high-value tenders increases financial volatility.
Competitive Analysis
Kintech Synergy faces competition from several players in the government tender market. A head-to-head comparison with the top 5 competitors from January 2022 to December 2023 reveals the following:
Competitor Name | Encounter Count | Win Rate |
---|---|---|
Jitendra Electricals | 3 | 33.3% |
Sri Manjunatha Enterprises | 2 | 0.0% |
Ascent Electrification Engineers | 2 | 0.0% |
Patel Electricals | 2 | 100.0% |
Ethos HR Management | 1 | 0.0% |
Strategic Recommendations
Based on the analysis, here are strategic recommendations for Kintech Synergy:
- Improve Win Rate: Implement a more selective bid strategy focusing on winnable tenders. Expected Impact: High2. Enhance Bid Efficiency: Establish a pre-bid qualification process to improve the bid-to-win ratio. Expected Impact: High3. Targeted Business Development: Develop targeted business development plans for high-value departments like the Department of Space and Department of Atomic Energy. Expected Impact: Medium4. Optimize Bid Pricing: Allocate more resources to bid preparation for mid to high-value tenders. Expected Impact: Medium5. Market Expansion: Create a market expansion strategy targeting new customer segments. Expected Impact: Medium
Future Growth Outlook
Based on current trends and sector dynamics, Kintech Synergy's future growth depends on its ability to:
- Increase its win rate in targeted sectors.
- Expand its presence in high-value tender opportunities.
- Improve its competitive positioning against key rivals.
With a focused strategy and continuous improvement, Kintech Synergy can strengthen its position in the Indian government tender market.