nitiraj engineers 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 17 bids — PRISTINE CONCEPTS PRIVATE LIMITED appeared in 4 of them.
NITIRAJ ENGINEERS LIMITED
NITIRAJ ENGINEERS LIMITED
Financial Details
Registered Office
306 A BABHA BLDGN M MARG NEAR POLICE STATIONNA-MUMBAI-Maharashtra-400011-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
316
Contract Value
₹469.89 Cr
L1 Bids
66
Recent Win Rate
50.0%
Performance Analytics
NITIRAJ ENGINEERS LIMITED: Comprehensive Tender Performance Analysis
NITIRAJ ENGINEERS LIMITED, a key player in the Indian manufacturing sector, has participated in 316 government tenders, showcasing a strategic approach to public procurement. This in-depth analysis, powered by TenderAI, provides critical insights into their bidding performance, success patterns, and competitive landscape, crucial for both government procurement officers and industry stakeholders.
Executive Summary
NITIRAJ ENGINEERS LIMITED has demonstrated a consistent presence in the government tender landscape, with a total participation in 316 tenders. Between FY2018-19 and FY2024-25, their win rate averaged 20.9%, securing 66 L1 bids. Notably, in the most recent fiscal year FY2024-25, NITIRAJ achieved a win rate of 50.0%, a significant increase compared to previous years. This performance translated to winning contracts worth ₹42.54 crore. Their technical qualification rate stands at 70.3%, reflecting strong compliance capabilities. TenderAI's assessment indicates a 'Satisfactory' financial health, with a score of 54.6/100, influenced by a strong win rate component (52.2) and a robust contract value component (100).
NITIRAJ's market positioning is competitive, with a focus on government tenders related to manufacturing and infrastructure. They have shown consistent engagement with key departments such as the Department of Posts and the Rural Development and Panchayat Raj Department Maharashtra. While facing competition from players like APPLE WEIGHINFRA LIMITED and ACZET PRIVATE LIMITED, NITIRAJ's recent improvements in win rate suggest enhanced competitiveness. Leveraging these strengths, NITIRAJ can further solidify its position in the Indian government procurement landscape.
Financial Performance Analysis
NITIRAJ ENGINEERS LIMITED's financial performance in government tenders reveals a mixed trend. Here's a breakdown of their yearly performance:
| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |