Prathit Automation Technologies Private Limited: Comprehensive Tender Performance Analysis

Executive Summary

Prathit Automation Technologies Private Limited has demonstrated an evolving presence in Indian government procurement. Between FY2022-23 and FY2024-25, the company participated in 15 tenders, achieving a 26.7% win rate and a 60.0% qualification rate. Notably, the win rate jumped to 50.0% in FY2023-24 before dropping in the most recent fiscal year. The total contract value secured during this period amounts to ₹5,43,49,466. TenderAI's financial health assessment, conducted on March 11, 2025, indicates a "Concerning" status with a score of 49.2/100, driven by low consistency and growth scores. Prathit Automation's market positioning reveals a specialization in serving the Ministry of Chemicals and Fertilizers, particularly the Department of Fertilizers. This analysis provides critical insights for government procurement officers, industry stakeholders, and potential investors.

Financial Performance Analysis

Yearly Trends

A review of yearly financial performance reveals a fluctuating trajectory. While no bids were recorded between FY2018-19 and FY2021-22, FY2023-24 saw a significant increase in activity with 8 bids and a 50.0% win rate, contrasting sharply with FY2024-25's 0.0% win rate despite participating in 2 tenders. The contract value secured in FY2023-24 was ₹3,15,15,726, compared to ₹27,03,801 in the previous year. The data suggests a strong but inconsistent performance, warranting deeper investigation into the factors influencing bid success.