PIP Industries Private Limited: Government Tender Performance Analysis

PIP Industries Private Limited has established itself as an active participant in the Indian government procurement landscape. This analysis, powered by TenderAI, provides a comprehensive overview of their tender performance, financial health, and competitive positioning, particularly for government procurement officers and industry stakeholders.

Executive Summary

PIP Industries has submitted bids for 41 government tenders between April 2018 and March 2025, showcasing their commitment to the public sector. Their key performance metrics include a win rate of 39.0%, a qualification rate of 85.4%, and a secured contract value of ₹6.72 crore. Their financial health, as assessed by TenderAI, is rated as 'Satisfactory' with a score of 64.5/100. This financial health score is based on factors such as win rate (97.6), contract value (24.9), bid efficiency (84.4), growth (88.3), and consistency (0.9). PIP Industries demonstrates a strong market position in the industrial component sector, primarily engaging with the Department of Defence Production, NA, and Home Department Gujarat. The company's success as an Indian manufacturing tenders supplier, particularly in the Gujarat government contracts, makes them a notable player in the sector.

Financial Performance Analysis

PIP Industries' financial performance in government tenders reveals fluctuating yet overall positive trends. The following table illustrates their year-on-year performance: