KKT SHAKTI HITECH PRIVATE LIMITED
Company Overview
Total Bids
2
Contract Value
₹1.42 Cr
L1 Bids
0
Historical Bids (Since 2018)
8
Participated Tenders
Procurement of SS Vacuum Pump for NTPC Nabinagar
Supply of liquid ring vacuum pump for precoat filter application
KKT Shakti Hitech Private Limited is beginning to establish a presence in India's government tender ecosystem, with participation in 8 tenders and a 37.5% qualification rate. This analysis examines their tender participation, technical qualification rate, and emerging procurement strategy from April 2018 to March 2025. Their Financial Health Score is 15.0, placing them in the 'Critical' category.
Executive Summary
KKT Shakti Hitech Private Limited has participated in 8 government tenders between April 2018 and March 2025, achieving a qualification rate of 37.5%. While their win rate is currently 0.0%, their participation signifies a commitment to the Indian government procurement sector. The total contract value of tenders bid on is ₹3,63,50,975.0. Their financial health, assessed by TenderAI, is rated as 'Critical' with a score of 15.0, based on win rate, contract value, bid efficiency, growth, and consistency.
Their market positioning reflects an early stage of development, with a focused approach on securing contracts within specific product/service categories. The company's primary focus is on tenders related to Contracts and Materials and the Department of Atomic Energy, aligning with their expertise in the machinery and equipment manufacturing sector.
This report provides a comprehensive analysis of KKT Shakti Hitech's tender performance, identifying key strengths, weaknesses, opportunities, and threats (SWOT analysis) and offering strategic recommendations to enhance their competitiveness in the Indian government procurement landscape.
Financial Performance Analysis
KKT Shakti Hitech's financial performance in government tenders is detailed below:
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 | 0 | 0 | 0.0% | 0.0% | ₹0 |
FY 2023-24 | 6 | 0 | 33.3% | 0.0% | ₹2,21,52,035.0 |
FY 2024-25 | 2 | 0 | 50.0% | 0.0% | ₹1,41,98,940.0 |
Quarterly Patterns:
Data not available for comprehensive quarterly analysis. Further participation is required.
Bid Distribution:
From April 2023 to March 2024, the bid distribution across different price ranges is as follows:
- ₹20,00,000 range: 2 bids* ₹30,00,000 range: 1 bid* ₹60,00,000 range: 3 bids
Product/Service Category Performance
Data not available for comprehensive product/service category analysis. Further participation is required.
Geographical & Departmental Distribution
KKT Shakti Hitech's primary focus is on tenders from the following departments and ministries:
- Top Departments:
- NA: 2 tenders (₹1,80,28,033.0) * Department of Atomic Energy: 3 tenders (₹1,21,76,278.0) * Contracts and Materials: 3 tenders (₹61,46,664.0)* Top Ministries:
- Ministry of Power: 5 tenders * PMO: 3 tenders
Competitive Analysis
Head-to-Head Comparison (Jan 2022 to Dec 2023):
Competitor | Encounter Count | Win Rate |
---|---|---|
KAKATI KARSHAK INDUSTRIES PVT. LTD | 5 | 40.0% |
P P I PUMPS PRIVATE LIMITED | 5 | 0.0% |
GARUDA PUMPS PRIVATE LIMITED | 4 | 50.0% |
PREMIER PUMPS PVT LTD | 3 | 0.0% |
FLOWCON ENGINEER INDIA PRIVATE LIMITED | 1 | 100.0% |
- KAKATI KARSHAK INDUSTRIES PVT. LTD* P P I PUMPS PRIVATE LIMITED* GARUDA PUMPS PRIVATE LIMITED* PREMIER PUMPS PVT LTD
SWOT Analysis of KKT Shakti Hitech Private Limited
- Strengths: * Well-diversified client portfolio across multiple departments* Weaknesses: * Low win rate of 0.0% indicates competitive challenges * Weak performance in financial health components: Win Rate, Contract Value, Bid Efficiency* Opportunities: * Expand bidding activity with high-value departments: NA * Increase participation in underserved bid ranges: ₹60,00,000 * Explore growth potential in high-value projects and new departments/ministries * Optimize bid pricing strategy based on historical win rates by value range* Threats: * Intense competition from established players in the Indian machinery and equipment market
Strategic Recommendations
- Implement a more selective bid strategy focusing on winnable tenders2. Establish a pre-bid qualification process to improve the bid-to-win ratio3. Develop targeted business development plans for high-value departments4. Allocate more resources to bid preparation for mid to high-value tenders5. Create a market expansion strategy targeting new customer segments
Future Growth Outlook
Based on historical trends and sector dynamics, KKT Shakti Hitech has the potential for growth in the Indian government procurement sector. However, this requires a strategic shift towards improving win rates and targeting higher-value contracts. Focus on technical qualification and competitive pricing is crucial for success.