POLYPICK ENGINEERS PRIVATE LIMITED: Government Tender Analysis - Achieving 35% Win Rate & ₹7.17 Cr in Government Contract Value

Polypick Engineers Private Limited has emerged as a significant player in the government tender landscape, submitting bids for 34 government tenders. This analysis highlights their proven track record in public sector procurement, strategic pricing, and specialized sector focus. Gain insights into their financial performance, competitive positioning, and strategic recommendations for future growth.

Key Performance Highlights

• Win Rate: A robust 35.3% win rate across 34 tender participations indicates a strong understanding of government procurement processes.
• L1 Success: Securing 12 L1 positions demonstrates an effective and competitive bidding strategy.
• Contract Value: Successfully secured ₹7,17,59,856.0 in government contracts, demonstrating their ability to win valuable projects.
• Technical Qualification: A high 79.4% technical qualification rate underscores their compliance capabilities and understanding of procurement specifications.

Financial Performance

• Total Contract Value: Polypick Engineers has bid on contracts with a total value of ₹7,17,59,856.0 and won ₹7,17,59,856.0, demonstrating consistent success in converting bids into contracts. This conversion rate establishes them as a reliable contractor in the public sector.
• Average Bid Amount: The average Earnest Money Deposit (EMD) of ₹3,05,001.0 shows their financial capacity to bid on substantial government tenders.