Government Tender Analysis: Pinnacle Biomed - Dominating Government Procurement with Strategic Bidding

Pinnacle Biomed Private Limited has actively engaged in the Indian government tender landscape, submitting bids for 29 government tenders. This participation underscores their commitment to public sector projects and reveals key insights into their qualification rates, competitive positioning, and specialized category expertise.

Executive Summary

From April 2022 to March 2025, Pinnacle Biomed has demonstrated a 27.6% win rate across 29 tender participations, securing 8 L1 positions, highlighting their strategic approach to government procurement. Their technical qualification rate stands at an impressive 93.1%, showcasing their strong compliance capabilities. Notably, Pinnacle Biomed has participated in 6 high-value government contracts, demonstrating their capacity to handle significant projects. During FY2023-24, the company secured contracts worth ₹810.85 lakh, marking substantial growth. A TenderAI financial health assessment gives Pinnacle Biomed a score of 62.2, classifying their financial health as 'Satisfactory'. Their competitive positioning is particularly strong in Maharashtra, focusing on tenders from the Municipal Corporation of Greater Mumbai (MCGM) and the Public Health and Family Welfare Department Maharashtra. Pinnacle Biomed's performance indicates a stable yet competitive presence in the government tender market, with potential for further growth through strategic initiatives.

Financial Performance Analysis

Pinnacle Biomed's financial performance in government tenders reveals a fluctuating yet promising trend. Here's a breakdown:

Yearly Trends

| Fiscal Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value |