Power Gem Engineers Private Limited: Government Tender Analysis

Power Gem Engineers Private Limited is an active participant in the Indian government procurement landscape, with a focus on sectors related to power, petroleum, and heavy industries. This report provides a comprehensive analysis of their tender performance, financial health, competitive positioning, and strategic recommendations based on TenderAI's proprietary data and algorithms. The analysis covers tender activity from April 2018 to March 2025.

Executive Summary

Power Gem Engineers has submitted 11 bids in government tenders, achieving a win rate of 18.2%. Notably, in FY2024-25, the company demonstrated a 40.0% win rate, securing contracts worth ₹30.72 Lakhs, a significant achievement. Their qualification rate stands at 54.5%, indicating a solid understanding of technical compliance requirements. While recent performance shows improvement, their overall financial health score is rated as 'Critical' at 27.9/100, reflecting inconsistencies in contract value and growth. The company's strengths lie in its diversified client portfolio across multiple departments and recent improvements in win rates. Key areas for improvement include bid efficiency and consistent contract value growth. Power Gem's primary engagements are with the Ministry of Power and departments like Indian Oil Corporation Limited and Department of Heavy Industry.

Financial Performance Analysis

Power Gem Engineers' financial performance in government tenders has shown variability over the years. The following table highlights the yearly trends: