PHILS Heavy Engineering Pvt Ltd: Government Tender Analysis

Executive Summary

PHILS Heavy Engineering Pvt Ltd demonstrates a solid presence in the Indian government tender landscape, particularly within the Ministry of Petroleum and Natural Gas. An analysis of their tender performance from FY 2021-22 to FY 2024-25 reveals a 21.4% win rate across 14 bids. Notably, the company has secured 3 L1 positions, indicating strong competitiveness in pricing. Their financial health, assessed using TenderAI scoring components, is rated as Satisfactory with a score of 55.8/100. This score reflects a balance of win rate (53.6), contract value (100), bid efficiency (63.3), and consistency (46.8). PHILS Heavy Engineering's market positioning is characterized by a regional focus in Assam and specialization with key departments like Bharat Petroleum Corporation Ltd, GAIL India Limited, and Indian Oil Corporation Limited.

Their bid distribution indicates a focus on smaller to mid-sized projects, with most bids falling under ₹5 crore between April 2023 and March 2024. A technical qualification rate of 78.6% demonstrates their capability to meet government tender requirements. However, there is room for improvement, particularly in high-value tenders. The company's financial health score is driven by a high success rate securing contracts, but a lack of growth is a prominent weakness. Phils Heavy Engineering's strengths in government procurement include a high qualification rate and specialization in key departments. The company has secured contracts worth ₹65.75 crore. Considering their current position and market dynamics, PHILS Heavy Engineering has a moderate positive future growth trajectory.

Financial Performance Analysis

PHILS Heavy Engineering's financial performance in government tenders shows a developing growth pattern. The following table illustrates year-on-year performance: