Microart Systems India: Comprehensive Government Tender Analysis

Microart Systems India Private Limited has actively participated in the Indian government procurement landscape with 480 tender participations. This report provides an in-depth analysis of their bidding performance, success patterns, and competitive positioning. Key performance metrics, financial health assessment, and strategic recommendations are highlighted to offer actionable insights for stakeholders.

Executive Summary: From FY 2018-19 to FY 2024-25, Microart Systems India participated in 480 government tenders, achieving a 15.8% win rate. Their qualification rate stands at 71.5%, indicating strong compliance with technical requirements. Although they have secured 76 L1 positions, their financial health score is rated as 'Concerning' at 45.5/100 based on TenderAI's assessment, considering factors such as win rate, contract value, and growth. Microart Systems India demonstrates a regional presence in Maharashtra and engages primarily with the Department of Financial Services and the Department of Atomic Energy.

Financial Performance Analysis

Microart Systems India's financial performance in government tenders shows fluctuations over the years. The company has bid on contracts with a total value of ₹1,24,51,09,699, securing ₹1,24,51,09,699 in contract value, indicating 100% conversion of bid value to won contracts. Here's a year-wise breakdown: