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prinsi services Tender Performance & Track Record

prinsi services

Tender Performance & Track Record

Company Overview

Summary
PRINSI SERVICES: Dominating Government Tenders with a 35.6% Win Rate and 591 L1 Wins Executive Summary
Primary Ministry: Ministry of DefencePrimary Department: Panchayats and Rural Housing Department Gujarat
Primary Ministry:
Ministry of Defence
Primary Department:
Panchayats and Rural Housing Department Gujarat

Tender Performance

Data for 01 April 2024 to 18 June 2025

Live Data

Total Bids / Contract Value

Bids506
Value₹50.90Cr

Qualified Bids / Q Rate

Bids182
Q Rate36.0%

Total Wins / Win Value

Win196
Value₹12.49Cr

Wins Rate / Q-W Rate

Rate38.7%
Q-W Rate107.7%

Detailed Performance Analysis

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Tender Performance by Ministries

12 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

64.3% win rate
14
₹3.15 Cr
6
9
₹1.99 Cr

Ministry of Defence

Bids
14
₹3.15 Cr
Qualified
6
Wins
9
₹1.99 Cr
64.3% win rate

Ministry of Agriculture and Farmers Welfare

62.5% win rate
8
₹2.69 Cr
6
5
₹39.88 Lakh

Ministry of Agriculture and Farmers Welfare

Bids
8
₹2.69 Cr
Qualified
6
Wins
5
₹39.88 Lakh
62.5% win rate

Ministry of Education

42.9% win rate
7
₹1.44 Cr
2
3
₹22.40 Lakh

Ministry of Education

Bids
7
₹1.44 Cr
Qualified
2
Wins
3
₹22.40 Lakh
42.9% win rate

Ministry of Finance

16.7% win rate
6
₹70.29 Lakh
0
1
₹11.71 Lakh

Ministry of Finance

Bids
6
₹70.29 Lakh
Qualified
0
Wins
1
₹11.71 Lakh
16.7% win rate

Ministry of Culture

0.0% win rate
5
₹1.37 Cr
0
0
₹0

Ministry of Culture

Bids
5
₹1.37 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Consumer Affairs Food and Public Distribution

33.3% win rate
3
₹53.94 Lakh
1
1
₹6.95 Lakh

Ministry of Consumer Affairs Food and Public Distribution

Bids
3
₹53.94 Lakh
Qualified
1
Wins
1
₹6.95 Lakh
33.3% win rate

Ministry of Civil Aviation

50.0% win rate
2
₹1.58 Cr
1
1
₹19.53 Lakh

Ministry of Civil Aviation

Bids
2
₹1.58 Cr
Qualified
1
Wins
1
₹19.53 Lakh
50.0% win rate

Ministry of Information and Broadcasting

0.0% win rate
2
₹55.86 Lakh
0
0
₹0

Ministry of Information and Broadcasting

Bids
2
₹55.86 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Commerce and Industry

0.0% win rate
1
₹34.96 Lakh
0
0
₹0

Ministry of Commerce and Industry

Bids
1
₹34.96 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Law and Justice

0.0% win rate
1
₹10.75 Lakh
0
0
₹0

Ministry of Law and Justice

Bids
1
₹10.75 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

100.0% win rate
1
₹40.03 Lakh
0
1
₹40.03 Lakh

Ministry of Petroleum and Natural Gas

Bids
1
₹40.03 Lakh
Qualified
0
Wins
1
₹40.03 Lakh
100.0% win rate

Ministry of Railways

0.0% win rate
1
₹21
0
0
₹0

Ministry of Railways

Bids
1
₹21
Qualified
0
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 506 bids — TRIPATHI BROTHERS SERVICES appeared in 489 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PRINSI SERVICES

Your Company
38.7% win rate
506
₹50.90 Cr
182
36.0%
196
₹12.49 Cr

PRINSI SERVICES

Your Company
Total Bids
506
₹50.90 Cr
Qualified
182
36.0%
Wins
196
₹12.49 Cr
38.7% win rate
TRIPATHI BROTHERS SERVICES
7.8% win rate
489
₹47.87 Cr
21
4.3%
38
₹3.54 Cr
TRIPATHI BROTHERS SERVICES
Total Bids
489
₹47.87 Cr
Qualified
21
4.3%
Wins
38
₹3.54 Cr
7.8% win rate
SMVD GROUP SECURE SERVICES
7.4% win rate
484
₹47.68 Cr
19
3.9%
36
₹3.47 Cr
SMVD GROUP SECURE SERVICES
Total Bids
484
₹47.68 Cr
Qualified
19
3.9%
Wins
36
₹3.47 Cr
7.4% win rate
ANGEL MANPOWER & SECURITY SERVICES
7.2% win rate
487
₹47.84 Cr
16
3.3%
35
₹3.34 Cr
ANGEL MANPOWER & SECURITY SERVICES
Total Bids
487
₹47.84 Cr
Qualified
16
3.3%
Wins
35
₹3.34 Cr
7.2% win rate
VAIKUNTH GROUP ENTERPRISES
7.0% win rate
484
₹47.01 Cr
16
3.3%
34
₹3.34 Cr
VAIKUNTH GROUP ENTERPRISES
Total Bids
484
₹47.01 Cr
Qualified
16
3.3%
Wins
34
₹3.34 Cr
7.0% win rate
TRIPATHI BROTHERS SERVICES PRIVATE LIMITED
6.8% win rate
489
₹47.86 Cr
14
2.9%
33
₹3.13 Cr
TRIPATHI BROTHERS SERVICES PRIVATE LIMITED
Total Bids
489
₹47.86 Cr
Qualified
14
2.9%
Wins
33
₹3.13 Cr
6.8% win rate
ALMIGHTY MANPOWER & SECURITY SERVICES
7.0% win rate
488
₹46.93 Cr
16
3.3%
34
₹3.07 Cr
ALMIGHTY MANPOWER & SECURITY SERVICES
Total Bids
488
₹46.93 Cr
Qualified
16
3.3%
Wins
34
₹3.07 Cr
7.0% win rate
SKY HIGH SECURE SECURITY SERVICES
6.7% win rate
481
₹47.34 Cr
15
3.1%
32
₹3.00 Cr
SKY HIGH SECURE SECURITY SERVICES
Total Bids
481
₹47.34 Cr
Qualified
15
3.1%
Wins
32
₹3.00 Cr
6.7% win rate
KING AND ANGEL DIAMOND SERVICES PRIVATE LIMITED
7.1% win rate
480
₹47.38 Cr
15
3.1%
34
₹2.94 Cr
KING AND ANGEL DIAMOND SERVICES PRIVATE LIMITED
Total Bids
480
₹47.38 Cr
Qualified
15
3.1%
Wins
34
₹2.94 Cr
7.1% win rate
SAFE SHADOW SECURITY SERVICES
7.4% win rate
486
₹47.74 Cr
18
3.7%
36
₹2.71 Cr
SAFE SHADOW SECURITY SERVICES
Total Bids
486
₹47.74 Cr
Qualified
18
3.7%
Wins
36
₹2.71 Cr
7.4% win rate
PINAKINE SECURE SECURITY SOLUTIONS
6.6% win rate
485
₹47.16 Cr
17
3.5%
32
₹2.59 Cr
PINAKINE SECURE SECURITY SOLUTIONS
Total Bids
485
₹47.16 Cr
Qualified
17
3.5%
Wins
32
₹2.59 Cr
6.6% 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

1,662

Qualified: 635
Q Rate: 38.2%

Contract Value

₹253.68 Cr

Avg. Bid: ₹12.13 Lakh
Avg. EMD: ₹49K

L1 Bids

591

Win Rate: 35.6%
Q to W Ratio: 93.1%

Recent Win Rate

34.9%

Change: +6.0%
Period: FY 2024-25

Performance Analytics

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

PRINSI SERVICES: Dominating Government Tenders with a 35.6% Win Rate and 591 L1 Wins

Executive Summary

PRINSI SERVICES has demonstrated a strong presence in the Indian government tender landscape. With a 35.6% win rate across 1662 tender participations, the company showcases a robust understanding of government procurement processes. Their key strengths lie in securing L1 positions, indicative of a strategic pricing approach. Despite a recent 56.8% decline in contract value compared to the previous period, PRINSI SERVICES maintains a 'Satisfactory' financial health score of 59.8/100, suggesting stability and potential for future growth. This business analysis delves into their financial performance, competitive positioning, and provides strategic recommendations for sustained success in the government sector.

Financial Performance

Key Metrics

  • Total Contract Value: PRINSI SERVICES has secured contracts worth ₹2,53,67,67,085.0 from government tenders, reflecting their ability to convert bids into tangible financial outcomes.
  • Win Rate: A 35.6% win rate demonstrates a solid understanding of the bidding process and the ability to present competitive and compliant bids.
  • Average Earnest Money Deposit (EMD): An average EMD of ₹49,252.15 indicates the company's financial capacity to participate in significant tenders requiring substantial bid security.

Yearly Performance