Legistify Services Private Limited: Government Tender Performance Analysis

Legistify Services Private Limited is emerging as a notable player in the Indian government tender ecosystem. This report provides a comprehensive analysis of their tender performance, financial health, and competitive positioning, focusing on data from FY 2018-19 to FY 2024-25. Key areas covered include their impressive win rate, qualification efficiency, and engagement with the Ministry of Power.

Executive Summary:

Legistify Services demonstrates a strong focus on government procurement, achieving a 100.0% win rate in FY 2024-25 by securing 1 out of 1 bids. Their qualification rate also stands at 100.0%, highlighting a commitment to meeting tender requirements. While the company's initial contract value is ₹9,66,052, this success indicates substantial potential for growth. TenderAI's financial health assessment gives Legistify a score of 59.4/100, categorized as 'Satisfactory', based on components such as win rate (100), contract value (9.7), bid efficiency (100.0), growth (50.0), and consistency (0). Legistify's primary focus has been on tenders related to Custom Bid for Services - Subscription of Litigation Management Suite for 03 Years, primarily engaging with Ntpc Limited under the Ministry of Power. Their current market positioning is characterized by a Dominant win rate with a discount price positioning. Legistify Services Private Limited tenders shows high promise.

Financial Performance Analysis

Yearly Trends