nitika electricals and engineering works
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 150 bids — SAFE SHADOW SECURITY SERVICES appeared in 138 of them.
NITIKA ELECTRICALS AND ENGINEERING WORKS
NITIKA ELECTRICALS AND ENGINEERING WORKS
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
347
Contract Value
₹96.36 Cr
L1 Bids
223
Recent Win Rate
73.4%
Performance Analytics
NITIKA ELECTRICALS AND ENGINEERING WORKS Government Tender Profile
With a substantial portfolio of 347 government tender participations, NITIKA ELECTRICALS AND ENGINEERING WORKS has demonstrated strategic engagement in India's public procurement landscape. This comprehensive business analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Executive Summary
NITIKA ELECTRICALS AND ENGINEERING WORKS showcases a robust presence in the government tender sector, distinguished by a high win rate and considerable financial growth. The company's exceptional tender performance is reflected in its ability to secure contracts in key sectors and maintain a strong competitive positioning. This report analyzes NITIKA ELECTRICALS' financial performance, competitive landscape, and provides strategic recommendations for sustained growth.
Superior Tender Success Rate: 64.3%
NITIKA ELECTRICALS AND ENGINEERING WORKS demonstrates exceptional government tender performance with an impressive win ratio of 64.3%. Out of 347 tenders, they have secured 223 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. This strong tender success rate highlights the company's ability to effectively navigate the complexities of government procurement.
Financial Performance in Government Tenders
NITIKA ELECTRICALS AND ENGINEERING WORKS has bid on contracts with a total value of ₹96,35,95,083.0, successfully securing ₹96,35,95,083.0 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 strong financial performance is also evident in its average Earnest Money Deposit (EMD) of ₹80,014.19, showcasing their financial capacity to participate in substantial government tenders requiring significant bid security.