Petrolabs India Government Tender Profile: Analysis of Procurement Performance

Petrolabs India Private Limited, a key player in the Indian laboratory testing and calibration sector, has demonstrated a strong presence in government tenders. With a portfolio of 122 government tender participations, this analysis provides a detailed overview of Petrolabs India's bidding performance, tender success patterns, and competitive positioning in the Indian government contracts landscape. This report leverages TenderAI analysis to provide actionable insights for government procurement officers, industry stakeholders, and Petrolabs India itself.

Executive Summary

From April 2021 to March 2025, Petrolabs India has shown a robust engagement in government tenders, achieving a win rate of 44.3%. This translates to securing 54 L1 positions out of 122 bids, demonstrating a strong ability to offer competitive pricing. The company's technical qualification rate stands at 82.8%, indicating a high level of compliance with tender requirements. In terms of financial performance, Petrolabs India has bid on contracts totaling ₹22,77,97,518, securing the same amount in government contract value, reflecting a 100.0% conversion rate.

TenderAI's financial health assessment gives Petrolabs India a score of 63.8/100, categorized as 'Satisfactory', based on components like win rate, contract value, and bid efficiency. Their market positioning reveals strengths in offering competitive pricing and achieving a high qualification rate. Petrolabs India excels particularly in tenders from the Ministry of Defence and engagement with Department of Military Affairs, indicating specialized procurement expertise in these areas.

Financial Performance Analysis

Petrolabs India's financial performance in government tenders shows interesting yearly and quarterly trends:

Yearly Trends: