nicco engineering services limited
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 38 bids — BUMA ENGINEERING SERVICES appeared in 2 of them.
NICCO ENGINEERING SERVICES LIMITED
NICCO ENGINEERING SERVICES LIMITED
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
126
Contract Value
₹32.06 Cr
L1 Bids
60
Recent Win Rate
47.1%
Performance Analytics
Nicco Engineering Services Limited Government Tender Profile
With a substantial portfolio of 126 government tender participations, Nicco Engineering Services Limited has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Superior Tender Success Rate of 47.6%
Nicco Engineering Services Limited demonstrates exceptional government tender performance with an impressive win ratio of 47.6%. Out of 126 tenders, they have secured 60 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.
Financial Performance in Government Tenders
Nicco Engineering Services Limited has bid on contracts with a total value of ₹,32,05,81,553.0, successfully securing ₹,32,05,81,553.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.
The company's average Earnest Money Deposit (EMD) of ₹1,61,387.85714285713 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.