Narrow Path Solutions Private Limited: Comprehensive Government Tender Analysis

Narrow Path Solutions Private Limited has established itself as a notable player in the Indian government tender landscape, participating in 71 tenders. This report provides a detailed tender performance analysis using TenderAI analysis, covering financial metrics, win rates, and competitive positioning, specifically focusing on Indian government procurement.

Executive Summary

Narrow Path Solutions has actively engaged in 71 government tenders, achieving a 25.4% win rate between April 2023 and March 2024. Their success includes securing 18 L1 positions, demonstrating effective bidding strategies. The company has shown a qualification rate of 42.3% within the same timeframe. From FY2023-24 to FY2024-25, the company witnessed a 86.5% growth in total contract value from winning bids, reaching ₹1,32,91,744.

Narrow Path Solutions's financial health is assessed as 'Satisfactory' with a score of 55.2/100, according to TenderAI scoring components, including win rate, contract value, bid efficiency, growth, and consistency. They have shown specialized engagement with the Department of Atomic Energy, the Department of Military Affairs, and the Department of School Education and Literacy. These key performance metrics highlight their current standing and potential for future growth in the competitive government tender market. The company actively participates in Gujarat, Kerala, and Tamil Nadu tenders.

Financial Performance Analysis

Yearly Trends

A comparison of yearly performance reveals significant growth in recent fiscal years. In FY2022-23, Narrow Path Solutions participated in 1 tender with a total contract value of ₹1,55,700. By FY2023-24, participation increased to 30 tenders with a total contract value of ₹71,25,389 and by FY2024-25, participation increased to 40 tenders with a total contract value of ₹1,32,91,744 demonstrating a substantial growth in activity and secured contract value.