Opac Engineering Private Limited: Comprehensive Tender Performance Analysis

Executive Summary: Opac Engineering Private Limited has begun establishing its presence in India's government tender ecosystem. This detailed analysis examines their tender performance from FY2021-22 to FY2024-25. With participation in 10 tenders, Opac Engineering has demonstrated a 20.0% win rate and a strong 80.0% qualification rate, indicating a solid foundation for growth. The total value of contracts bid upon is ₹3,47,52,876, with ₹3,47,52,876 successfully secured, reflecting a 100.0% conversion rate. TenderAI's assessment reveals a Satisfactory financial health score of 54.0, highlighting potential for improvement in contract value and win rate consistency. Opac Engineering shows particular engagement with the Department of Chemicals and Petrochemicals, Department of Fertilizers, and Bharat Petroleum Corporation Ltd, where they demonstrate specialized procurement expertise. Their competitive landscape includes key players like DINU ELECTRICALS and AMPERSAND SYSTEMS PRIVATE LIMITED, requiring strategic responses to enhance win rates. Overall, Opac Engineering is positioned as a competitive player with significant opportunities for growth in the Indian government procurement sector. Primary keywords include "Opac Engineering tenders," "government procurement data," and "tender performance analysis."

Financial Performance Analysis

Opac Engineering's financial performance in government tenders shows an evolving trend. While the initial years (FY2018-19 to FY2020-21) reflect no participation, activity commenced in FY2021-22 with a 100.0% win rate on a single bid. Subsequent years have seen increased bidding activity, with 5 bids in FY2023-24 and 2 bids in FY2024-25. However, the win rate has fluctuated, dropping to 0.0% in FY2024-25, indicating competitive challenges.

Here's a comparison of year-on-year performance: