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precious engineering works Tender Performance & Track Record

precious engineering works

Tender Performance & Track Record

Company Overview

Summary
Precious Engineering Works Government Tender Profile With a substantial portfolio of 111 government tender participations, Precious Engineering Works 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.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids19
Value₹6.01Cr

Qualified Bids / Q Rate

Bids19
Q Rate100.0%

Total Wins / Win Value

Win6
Value₹18.49L

Wins Rate / Q-W Rate

Rate31.6%
Q-W Rate31.6%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

31.6% win rate
19
₹6.01 Cr
19
6
₹18.49 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
19
₹6.01 Cr
Qualified
19
Wins
6
₹18.49 Lakh
31.6% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 19 bids — S K INDUSTRIES appeared in 13 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PRECIOUS ENGINEERING WORKS

Your Company
31.6% win rate
19
₹6.01 Cr
19
100.0%
6
₹18.49 Lakh

PRECIOUS ENGINEERING WORKS

Your Company
Total Bids
19
₹6.01 Cr
Qualified
19
100.0%
Wins
6
₹18.49 Lakh
31.6% win rate
S K INDUSTRIES
61.5% win rate
13
₹5.18 Cr
13
100.0%
8
₹5.03 Cr
S K INDUSTRIES
Total Bids
13
₹5.18 Cr
Qualified
13
100.0%
Wins
8
₹5.03 Cr
61.5% win rate
DIVINE INDUSTRIES
50.0% win rate
2
₹3.37 Lakh
1
50.0%
1
₹95K
DIVINE INDUSTRIES
Total Bids
2
₹3.37 Lakh
Qualified
1
50.0%
Wins
1
₹95K
50.0% win rate
MECHANICAL CONSTRUCTORS
0.0% win rate
13
₹3.99 Cr
10
76.9%
0
₹0
MECHANICAL CONSTRUCTORS
Total Bids
13
₹3.99 Cr
Qualified
10
76.9%
Wins
0
₹0
0.0% win rate
SIGMA HEAVY ENGINEERING INDUSTRIES BHOPAL PRIVATE LIMITED
0.0% win rate
8
₹3.78 Cr
8
100.0%
0
₹0
SIGMA HEAVY ENGINEERING INDUSTRIES BHOPAL PRIVATE LIMITED
Total Bids
8
₹3.78 Cr
Qualified
8
100.0%
Wins
0
₹0
0.0% win rate
NEW BHARAT ENGINEERING WORKS
0.0% win rate
6
₹1.98 Cr
2
33.3%
0
₹0
NEW BHARAT ENGINEERING WORKS
Total Bids
6
₹1.98 Cr
Qualified
2
33.3%
Wins
0
₹0
0.0% win rate
EXTOL WIND LIMITED
0.0% win rate
4
₹27.72 Lakh
1
25.0%
0
₹0
EXTOL WIND LIMITED
Total Bids
4
₹27.72 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
PRECISE VACCUM SYSTEMS PRIVATE LIMITED
0.0% win rate
3
₹1.45 Cr
1
33.3%
0
₹0
PRECISE VACCUM SYSTEMS PRIVATE LIMITED
Total Bids
3
₹1.45 Cr
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
SHASHI ENGINEERING
0.0% win rate
3
₹59.47 Lakh
2
66.7%
0
₹0
SHASHI ENGINEERING
Total Bids
3
₹59.47 Lakh
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
EXTOL INDUSTRIES LIMITED
0.0% win rate
3
₹87.89 Lakh
0
0.0%
0
₹0
EXTOL INDUSTRIES LIMITED
Total Bids
3
₹87.89 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
GURUNANAK ENGINEERING WORKS
0.0% win rate
2
₹53.38 Lakh
2
100.0%
0
₹0
GURUNANAK ENGINEERING WORKS
Total Bids
2
₹53.38 Lakh
Qualified
2
100.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

111

Qualified: 85
Q Rate: 76.6%

Contract Value

₹12.72 Cr

Avg. Bid: ₹5.72 Lakh
Avg. EMD: ₹0

L1 Bids

10

Win Rate: 9.0%
Q to W Ratio: 11.8%

Recent Win Rate

33.3%

Change: +26.4%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

Precious Engineering Works Government Tender Profile

With a substantial portfolio of 111 government tender participations, Precious Engineering Works 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 10 Contract Wins

Precious Engineering Works has successfully secured 10 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 9.0% across 111 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

Precious Engineering Works has bid on contracts with a total value of ₹,12,71,69,936.0, successfully securing ₹,12,71,69,936.0 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

Their tender history includes significant engagement with Department Of Heavy Industry, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.