Nitya Electrocontrols Private Limited: Government Tender Analysis & Business Profile

Nitya Electrocontrols Private Limited is an active participant in the Indian public sector procurement landscape, specializing in electrical equipment manufacturing. This comprehensive analysis assesses their performance in government tenders, providing insights into their financial performance, competitive positioning, and potential areas for strategic development.

Executive Summary

Nitya Electrocontrols has demonstrated a solid technical qualification rate of 87.2% across 47 government tenders, showcasing their ability to meet diverse procurement specifications. They have secured 5 L1 positions, indicating their competitiveness in specific tender categories. Their win rate stands at 10.6%, and they have successfully secured contracts worth ₹29.98 Crores, demonstrating their capability in securing valuable public sector projects. However, recent performance shows a win rate of 0% in the latest financial period, highlighting the need for strategic adjustments. The company's overall financial health is rated as 'Concerning' with a score of 37.7/100.

1. Financial Performance

1.1. Government Tender Performance Development

Nitya Electrocontrols has participated in 47 government tenders, achieving 5 L1 positions. Their tender success rate of 10.6% reflects their ongoing efforts to build their government procurement capabilities. The company also demonstrates experience in high-value government contracts, indicating their capacity to handle significant public sector work.

• Key Statistic: Secured ₹29,98,20,895.0 in government contract value.