myovatec surgical systems pvt ltd
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 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 13 bids — G.R.BIOURE SURGICAL SYSTEM PRIVATE LIMITED appeared in 3 of them.
MYOVATEC SURGICAL SYSTEMS PVT LTD
MYOVATEC SURGICAL SYSTEMS PVT LTD
Financial Details
Registered Office
A-12/42AKALKAJI EXTENSIONNA-NEW DELHI-Delhi-110019-India
Industry Classification
Business 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
41
Contract Value
₹9.86 Cr
L1 Bids
18
Recent Win Rate
63.6%
Performance Analytics
Myovatec Surgical Systems Pvt Ltd: Comprehensive Government Tender Analysis
Myovatec Surgical Systems Pvt Ltd is an active participant in the Indian government procurement landscape. This report provides a comprehensive analysis of their tender performance, financial health, competitive positioning, and strategic opportunities. Focusing on Myovatec Surgical Systems government contracts, this analysis leverages TenderAI data to offer actionable insights for procurement officers, industry stakeholders, and potential partners. The company's tender performance metrics demonstrate a solid foundation for continued success.
Between April 2018 and March 2025, Myovatec participated in 41 government tenders, achieving a blended win rate of 43.9%. Notably, their win rate has shown strong recent improvement with 63.6% in FY2024-25. They have secured 18 L1 positions, demonstrating their ability to offer competitive pricing.
Myovatec's financial health is assessed as 'Good' with a score of 66.2/100, based on TenderAI's scoring components. While their win rate component scores highly (100), contract value and growth aspects present opportunities for improvement. In the surgical equipment sector, they compete with both domestic and international players, requiring a nuanced understanding of the competitive dynamics.
Their primary engagement is with the Ministry of Health and Family Welfare, followed by the Department of Atomic Energy and Department of Defence. Targeted strategies for each ministry can optimize their bidding effectiveness.
Financial Performance Analysis
Myovatec Surgical Systems's financial performance in government tenders shows a fluctuating yet positive trend. Here's a breakdown of their yearly and quarterly performance:
Yearly Trends: