Patricia Engineering Services Private Limited: Government Tender Performance Analysis

Executive Summary:

Patricia Engineering Services Private Limited is emerging as a significant player in the Indian government tender landscape. This report provides a comprehensive analysis of their tender performance, financial health, and competitive positioning, focusing primarily on data from FY2023-24 and FY2024-25. Patricia Engineering has demonstrated a 90.0% win rate from April 2023 to March 2025, securing 9 out of 10 bids. Their technical qualification rate stands at 100.0% during the same period, indicating a strong understanding of government procurement requirements. The total contract value secured is ₹40,03,239.0. A TenderAI assessment of financial health assigns a 'Satisfactory' score of 61.6, indicating room for improvement in contract value and consistency. The company primarily engages with the Ministry of Defence, specifically the Department of Defence Production. Patricia Engineering demonstrates exceptional government tender performance with an impressive win ratio of 90.0%. Out of 10 tenders, they have secured 9 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.

Financial Performance Analysis

Yearly Trends

Patricia Engineering Services Private Limited's financial performance is primarily concentrated in FY2023-24 and FY2024-25. There were no bids during FY2018-19 to FY2022-23. A comparison of the two active fiscal years is presented below: