precon technology and castings limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 16 bids — MANIS FOUNDRIES PRIVATE LIMITED appeared in 3 of them.
PRECON TECHNOLOGY AND CASTINGS LIMITED
PRECON TECHNOLOGY AND CASTINGS LIMITED
Financial Details
Registered Office
39, PASCHIMI MARG VASANT VIHARNA-NEW DELHI-Delhi-110057-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
48
Contract Value
₹29.43 Cr
L1 Bids
30
Recent Win Rate
53.9%
Performance Analytics
Government Tender Analysis: PRECON TECHNOLOGY AND CASTINGS LIMITED
PRECON TECHNOLOGY AND CASTINGS LIMITED has emerged as a significant player in the Indian government procurement landscape, showcasing a robust 62.5% win rate in government tenders. With 48 bids submitted, the company demonstrates active participation in the public sector, focusing primarily on the Ministry of Defence and the Department of Defence Production, specifically engaging with organizations like Bharat Earth Movers Limited (BEML). Their proven tender history underscores strengths in qualification rates, competitive positioning, and category specialization.
Executive Summary
PRECON TECHNOLOGY AND CASTINGS LIMITED exhibits strong performance metrics in government tenders. Between April 2022 and March 2025, the company achieved a 62.5% win rate, securing 30 L1 positions out of 48 bids. Their qualification rate stands at 100.0%, indicating a thorough understanding of tender requirements. This has translated into securing government contracts worth ₹29.43 crore. A TenderAI financial health assessment, conducted on March 11, 2025, awards the company a score of 71.0/100, categorized as 'Good', with notable strengths in win rate (100), bid efficiency (94.0) and consistency(74.5). The company's market position is dominant in their niche, primarily serving the Ministry of Defence and associated departments, exhibiting a specialized procurement focus.
The company's consistent qualification rate demonstrates solid capabilities in meeting government tender requirements and compliance with public procurement specifications. This positions them as a reliable and technically competent bidder capable of fulfilling diverse government tender needs. Their total contract value secured is ₹29,43,43,911.0 from their tender bids.
Financial Performance Analysis
PRECON TECHNOLOGY AND CASTINGS LIMITED has demonstrated increasing revenues from FY2022-23 to FY2023-24. The company's win rate and contract values highlight strong financial performance. PRECON TECHNOLOGY AND CASTINGS LIMITED showcases a healthy financial track record, as indicated by their TenderAI financial health score of 71.0, coupled with a consistent qualification rate. Yearly and quarterly trends, along with bid distribution across price ranges, provides a comprehensive financial performance overview.
| Metric | FY2022-23 | FY2023-24 | FY2024-25 |