Government Tender Analysis: Precise Industries

Precise Industries has submitted bids for 20 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.

Government Tender Performance Development

Precise Industries has achieved 4 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 20.0% across 20 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Financial Performance in Government Tenders

Precise Industries has bid on contracts with a total value of ₹5,46,95,229.0, successfully securing ₹5,46,95,229.0 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 Jammu & Kashmir government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence, Department Of Military Affairs, where they have demonstrated specific procurement expertise. They have experience bidding with Indian Army, showing familiarity with diverse organizational procurement requirements.