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precision tools and components Tender Performance & Track Record

precision tools and components

Tender Performance & Track Record

Company Overview

Summary
Precision Tools And Components Government Tender Profile With a substantial portfolio of 74 government tender participations, Precision Tools And Components 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

Bids38
Value₹7.54Cr

Qualified Bids / Q Rate

Bids18
Q Rate47.4%

Total Wins / Win Value

Win2
Value₹10.11L

Wins Rate / Q-W Rate

Rate5.3%
Q-W Rate11.1%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

6.3% win rate
32
₹4.90 Cr
17
2
₹10.11 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
32
₹4.90 Cr
Qualified
17
Wins
2
₹10.11 Lakh
6.3% win rate

Ministry of Defence

0.0% win rate
3
₹1.93 Cr
0
0
₹0

Ministry of Defence

Bids
3
₹1.93 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Power

0.0% win rate
1
₹69.00 Lakh
0
0
₹0

Ministry of Power

Bids
1
₹69.00 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Railways

0.0% win rate
1
₹1.41 Lakh
0
0
₹0

Ministry of Railways

Bids
1
₹1.41 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

PMO

0.0% win rate
1
₹36K
1
0
₹0

PMO

Bids
1
₹36K
Qualified
1
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 38 bids — AGROMEC ENGINEERS appeared in 7 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PRECISION TOOLS AND COMPONENTS

Your Company
5.3% win rate
38
₹7.54 Cr
18
47.4%
2
₹10.11 Lakh

PRECISION TOOLS AND COMPONENTS

Your Company
Total Bids
38
₹7.54 Cr
Qualified
18
47.4%
Wins
2
₹10.11 Lakh
5.3% win rate
AGROMEC ENGINEERS
42.9% win rate
7
₹37.42 Lakh
5
71.4%
3
₹26.38 Lakh
AGROMEC ENGINEERS
Total Bids
7
₹37.42 Lakh
Qualified
5
71.4%
Wins
3
₹26.38 Lakh
42.9% win rate
NEW BHARAT ENGINEERING WORKS
20.0% win rate
5
₹5.35 Lakh
3
60.0%
1
₹1.46 Lakh
NEW BHARAT ENGINEERING WORKS
Total Bids
5
₹5.35 Lakh
Qualified
3
60.0%
Wins
1
₹1.46 Lakh
20.0% win rate
SHASHI ENGINEERING
25.0% win rate
4
₹3.75 Lakh
2
50.0%
1
₹88K
SHASHI ENGINEERING
Total Bids
4
₹3.75 Lakh
Qualified
2
50.0%
Wins
1
₹88K
25.0% win rate
PROGRESSIVE TOOLS AND COMPONENTS PRIVATE LIMITED.
0.0% win rate
27
₹2.41 Cr
16
59.3%
0
₹0
PROGRESSIVE TOOLS AND COMPONENTS PRIVATE LIMITED.
Total Bids
27
₹2.41 Cr
Qualified
16
59.3%
Wins
0
₹0
0.0% win rate
GURUNANAK ENGINEERING WORKS
0.0% win rate
7
₹59.97 Lakh
6
85.7%
0
₹0
GURUNANAK ENGINEERING WORKS
Total Bids
7
₹59.97 Lakh
Qualified
6
85.7%
Wins
0
₹0
0.0% win rate
ARROW ENGINEERING INDUSTRIES PRIVATE LIMITED
0.0% win rate
4
₹1.99 Cr
2
50.0%
0
₹0
ARROW ENGINEERING INDUSTRIES PRIVATE LIMITED
Total Bids
4
₹1.99 Cr
Qualified
2
50.0%
Wins
0
₹0
0.0% win rate
PRASAD ENGINEERING WORKS
0.0% win rate
4
₹32.49 Lakh
4
100.0%
0
₹0
PRASAD ENGINEERING WORKS
Total Bids
4
₹32.49 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
KPC FLEXI TUBES PRIVATE LIMITED
0.0% win rate
3
₹1.78 Lakh
1
33.3%
0
₹0
KPC FLEXI TUBES PRIVATE LIMITED
Total Bids
3
₹1.78 Lakh
Qualified
1
33.3%
Wins
0
₹0
0.0% win rate
C.R.ENGINEERS
0.0% win rate
3
₹5.52 Lakh
0
0.0%
0
₹0
C.R.ENGINEERS
Total Bids
3
₹5.52 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
VIVEK ENGINEERING CORPORATION
0.0% win rate
3
₹3.98 Lakh
0
0.0%
0
₹0
VIVEK ENGINEERING CORPORATION
Total Bids
3
₹3.98 Lakh
Qualified
0
0.0%
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

74

Qualified: 39
Q Rate: 52.7%

Contract Value

₹13.47 Cr

Avg. Bid: ₹66.75 Lakh
Avg. EMD: ₹0

L1 Bids

4

Win Rate: 5.4%
Q to W Ratio: 10.3%

Recent Win Rate

3.0%

Change: +3.0%
Period: FY 2024-25

Performance Analytics

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

Precision Tools And Components Government Tender Profile

With a substantial portfolio of 74 government tender participations, Precision Tools And Components 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.

Government Tender Performance Development

Precision Tools And Components 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 5.4% across 74 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

Precision Tools And Components has bid on contracts with a total value of ₹,13,46,65,521.0, successfully securing ₹,13,46,65,521.0 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, Department Of Defence Production, Department Of Atomic Energy, where they have demonstrated specific procurement expertise.