Mithun Enterprises: Business Analysis and Government Tender Performance

Mithun Enterprises is a leading contender in the Indian government tender landscape, boasting a strong portfolio of 1744 government tender participations. This comprehensive analysis explores their bidding efficacy, tender success metrics, and competitive standing in the government contracts sector. We delve into Mithun Enterprises's financial performance and overall procurement strategy.

Executive Summary

Mithun Enterprises demonstrates outstanding government tender performance with an impressive 48.5% win rate. Securing 845 L1 positions out of 1744 bids establishes them as a highly competitive government contractor. This success underscores their expertise in the government procurement process. Despite a recent trend showing a slight decrease in win rate, their overall financial health is rated as 'Excellent' with a score of 84.6/100. The company faces competition from several key players, notably ANGEL MANPOWER & SECURITY SERVICES, but strategic recommendations focus on expanding into underserved bid ranges and optimizing their cost-leader positioning.

Financial Performance

Key Financial Highlights

• Total Contract Value: Mithun Enterprises has secured contracts totaling ₹12,70,02,01,742.0, demonstrating a 100% conversion rate from bid value to won contracts.
• Win Rate: An exceptional 48.5% win rate highlights their competitive edge in securing government tenders.
• Earnest Money Deposit (EMD): An average EMD of ₹2,16,454.80 showcases their financial capability to handle substantial tenders.