Prakhar Medics Government Tender Profile

With a substantial portfolio of 532 government tender participations, Prakhar Medics has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 54 Contract Wins

Prakhar Medics has successfully secured 54 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 10.2% across 532 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Prakhar Medics has bid on contracts with a total value of ₹,57,98,26,874.0, successfully securing ₹,57,98,26,874.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

The company has established a regional presence in Kerala, Telangana government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Na, Department Of Health And Family Welfare, Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), Employees State Insurance Corporation (Esic), showing familiarity with diverse organizational procurement requirements.