midas research and development centre india private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 19 bids — TECHRAYS TECHNOLOGIES appeared in 4 of them.
MIDAS RESEARCH AND DEVELOPMENT CENTRE INDIA PRIVATE LIMITED
MIDAS RESEARCH AND DEVELOPMENT CENTRE INDIA PRIVATE LIMITED
Financial Details
Registered Office
1001/ 1002, Plot No.4 & 6, Sector-30A, VashiNA-NAVI MUMBAI-Maharashtra-400705-India
Industry Classification
Community, personal & Social Services
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
61
Contract Value
₹12.63 Cr
L1 Bids
61
Recent Win Rate
100.0%
Performance Analytics
Midas Research and Development Centre India: Government Tender Analysis
Executive Summary:
Midas Research And Development Centre India Private Limited stands out in the Indian government procurement landscape with a remarkable 100.0% win rate across 61 tenders participated in between FY2020-21 and FY2024-25. This exceptional performance translates to securing ₹12,63,32,262 in contract value during this period, demonstrating their effectiveness in converting bids into wins. Midas Research's financial health is assessed as 'Excellent' by TenderAI, with a score of 84.1/100, reflecting strong metrics in win rate, bid efficiency, and growth consistency. Their market positioning highlights them as a dominant player, particularly within the Ministry of Railways and related departments. This comprehensive analysis delves into their financial performance, product/service category strengths, geographical focus, competitive landscape, and strategic recommendations to sustain and enhance their leading position in the Indian government tender ecosystem.
Financial Performance Analysis
Midas Research has demonstrated consistent financial growth in government tenders over the past several fiscal years. Here's a detailed breakdown:
Yearly Trends:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |
|---|---|---|---|---|---|
| FY 2018-19 | 0 | 0 | 0.0% | 0.0% | 0.0 |