NITANJALI SECURITY DEVICES PRIVATE LIMITED: Business Analysis & Government Tender Performance

NITANJALI SECURITY DEVICES PRIVATE LIMITED is an active participant in the government tender ecosystem, having submitted bids for 40 government tenders. This demonstrates their commitment to serving the public sector with security solutions. This report provides a comprehensive business analysis of their tender performance metrics, financial performance, and competitive positioning within the security sector.

Executive Summary

NITANJALI SECURITY DEVICES exhibits a 20% win rate across 40 tender participations, showcasing their effectiveness in securing government contracts. They have successfully obtained 8 L1 positions, highlighting their competitive pricing strategies. The company has converted bid values into contract value successfully, winning contracts valuing ₹9,45,95,450.0. Despite a moderate win rate, NITANJALI SECURITY DEVICES' commitment to the public sector and demonstrated financial capacity position them for continued growth. The company's financial health is rated as 'Satisfactory' with a score of 60.9/100.

Financial Performance of NITANJALI SECURITY DEVICES

NITANJALI SECURITY DEVICES' financial performance reveals insights into their revenue generation through government contracts. The company focuses primarily on FY 2023-24 and FY 2024-25, demonstrating recent active participation. Here's a detailed breakdown:

• Total Contract Value: NITANJALI SECURITY DEVICES has secured contracts totaling ₹9,45,95,450.0.
• Average Earnest Money Deposit (EMD): The average EMD is ₹89,169.33, reflecting their capacity to undertake substantial government tenders.
• Financial Year 2023-24: The company had 5 bids and secured 1 win with total contract value of ₹12,729,904.0. Qualification Rate was 40.0% and Win Rate was 20.0%.