Pragati Mining Services Private Limited: Comprehensive Tender Performance Analysis

Executive Summary

Pragati Mining Services Private Limited has been actively participating in Indian government tenders, showcasing its expertise in the mining sector. This report provides a comprehensive analysis of their tender performance, financial health, market positioning, and strategic recommendations. Key performance metrics include a 15.8% win rate across 19 bids submitted between April 2018 and March 2025. Their qualification rate stands at 68.4% during the same period, highlighting their ability to meet technical requirements. The total contract value secured by the company amounts to ₹6,04,69,762.0 reflecting the successful conversion of bid value into won contracts. Their financial health assessment, conducted by TenderAI, indicates a "Concerning" status with a score of 44.3/100, based on win rate, contract value, bid efficiency, growth, and consistency components. Pragati Mining Services primarily operates in the Ministry of Coal and engages with departments such as Eastern Coalfields Limited. Their market positioning can be characterized as a challenger, facing stiff competition from established players. Strategic recommendations focus on improving bid efficiency, optimizing pricing strategies, and targeting high-value departments for future growth.

Financial Performance Analysis

The financial performance of Pragati Mining Services is evaluated based on yearly trends, quarterly patterns, and bid distribution. The following table presents a year-on-year comparison of their performance metrics: