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progressive tools and components private limited. Tender Performance & Track Record

CIN: U31101UP1972PTC003571
Active
Private
Company limited by shares

progressive tools and components private limited.

Tender Performance & Track Record

CIN: U31101UP1972PTC003571
Active
Private
Company limited by shares

Company Overview

Summary
Progressive Tools and Components Private Limited: Business Analysis and Strategic Insights Progressive Tools and Components Private Limited, operating within the Manufacturing (Machinery & Equipments) sector, demonstrates a strategic engagement with India's public procurement landscape. This comprehensive business analysis provides a detailed overview of their financial performance, competitive positioning, and potential growth opportunities, focusing on their participation in government tenders. With 17 L1 wins and a 6.0% overall win rate, this report offers actionable insights to enhance their market presence and procurement success.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 1972State: UTTAR PRADESH
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:1972
State:UTTAR PRADESH

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids148
Value₹9.21Cr

Qualified Bids / Q Rate

Bids70
Q Rate47.3%

Total Wins / Win Value

Win10
Value₹1.10Cr

Wins Rate / Q-W Rate

Rate6.8%
Q-W Rate14.3%

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

6.8% win rate
148
₹9.21 Cr
70
10
₹1.10 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
148
₹9.21 Cr
Qualified
70
Wins
10
₹1.10 Cr
6.8% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 148 bids — AGROMEC ENGINEERS appeared in 14 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PROGRESSIVE TOOLS AND COMPONENTS PRIVATE LIMITED.

Your Company
6.8% win rate
148
₹9.21 Cr
70
47.3%
10
₹1.10 Cr

PROGRESSIVE TOOLS AND COMPONENTS PRIVATE LIMITED.

Your Company
Total Bids
148
₹9.21 Cr
Qualified
70
47.3%
Wins
10
₹1.10 Cr
6.8% win rate
AGROMEC ENGINEERS
21.4% win rate
14
₹45.74 Lakh
10
71.4%
3
₹5.95 Lakh
AGROMEC ENGINEERS
Total Bids
14
₹45.74 Lakh
Qualified
10
71.4%
Wins
3
₹5.95 Lakh
21.4% win rate
VIVEK ENGINEERING CORPORATION
8.0% win rate
25
₹41.17 Lakh
6
24.0%
2
₹3.24 Lakh
VIVEK ENGINEERING CORPORATION
Total Bids
25
₹41.17 Lakh
Qualified
6
24.0%
Wins
2
₹3.24 Lakh
8.0% win rate
M/S MICRO ENGINEERS
15.4% win rate
13
₹1.21 Cr
5
38.5%
2
₹2.74 Lakh
M/S MICRO ENGINEERS
Total Bids
13
₹1.21 Cr
Qualified
5
38.5%
Wins
2
₹2.74 Lakh
15.4% win rate
KCS FASTNERS
6.7% win rate
15
₹48.36 Lakh
9
60.0%
1
₹2.67 Lakh
KCS FASTNERS
Total Bids
15
₹48.36 Lakh
Qualified
9
60.0%
Wins
1
₹2.67 Lakh
6.7% win rate
FITWELL FASTENERS
5.6% win rate
18
₹33.10 Lakh
10
55.6%
1
₹2.58 Lakh
FITWELL FASTENERS
Total Bids
18
₹33.10 Lakh
Qualified
10
55.6%
Wins
1
₹2.58 Lakh
5.6% win rate
PRECISION TOOLS AND COMPONENTS
3.7% win rate
27
₹2.41 Cr
13
48.1%
1
₹1.61 Lakh
PRECISION TOOLS AND COMPONENTS
Total Bids
27
₹2.41 Cr
Qualified
13
48.1%
Wins
1
₹1.61 Lakh
3.7% win rate
NEW BHARAT ENGINEERING WORKS
5.0% win rate
20
₹2.05 Cr
15
75.0%
1
₹1.46 Lakh
NEW BHARAT ENGINEERING WORKS
Total Bids
20
₹2.05 Cr
Qualified
15
75.0%
Wins
1
₹1.46 Lakh
5.0% win rate
SHASHI ENGINEERING
15.4% win rate
13
₹1.01 Cr
11
84.6%
2
₹1.23 Lakh
SHASHI ENGINEERING
Total Bids
13
₹1.01 Cr
Qualified
11
84.6%
Wins
2
₹1.23 Lakh
15.4% win rate
JAYACO DIE FABRICATORS
12.5% win rate
16
₹82.68 Lakh
4
25.0%
2
₹44K
JAYACO DIE FABRICATORS
Total Bids
16
₹82.68 Lakh
Qualified
4
25.0%
Wins
2
₹44K
12.5% win rate
GURUNANAK ENGINEERING WORKS
0.0% win rate
25
₹1.19 Cr
13
52.0%
0
₹0
GURUNANAK ENGINEERING WORKS
Total Bids
25
₹1.19 Cr
Qualified
13
52.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU31101UP1972PTC003571
Class
Private
Status
Active
Founded1972

Financial Details

Authorized Capital₹1.0Cr
Paid-up Capital₹50.0L

Registered Office

8/3A SITE IV SAHIBABADINDUSTRIAL AREA GHAZIABADNA-UTTAR PRADESH-Uttar Pradesh-201010-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code31101

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Kanpur
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

283

Qualified: 158
Q Rate: 55.8%

Contract Value

₹41.88 Cr

Avg. Bid: ₹24.52 Lakh
Avg. EMD: ₹0

L1 Bids

17

Win Rate: 6.0%
Q to W Ratio: 10.8%

Recent Win Rate

6.3%

Change: +4.1%
Period: FY 2024-25

Performance Analytics

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

Progressive Tools and Components Private Limited: Business Analysis and Strategic Insights

Progressive Tools and Components Private Limited, operating within the Manufacturing (Machinery & Equipments) sector, demonstrates a strategic engagement with India's public procurement landscape. This comprehensive business analysis provides a detailed overview of their financial performance, competitive positioning, and potential growth opportunities, focusing on their participation in government tenders. With 17 L1 wins and a 6.0% overall win rate, this report offers actionable insights to enhance their market presence and procurement success.

Executive Summary

Progressive Tools and Components Private Limited has participated in 281 government tenders, securing 17 L1 positions. Their win rate stands at 6.0%, and they have achieved technical qualification in 55.9% of the tenders they participated in. While the company has demonstrated a consistent presence in government procurement, there are areas for strategic improvement to enhance their win rate and overall financial performance.

Financial Performance of Progressive Tools and Components

This section examines the financial metrics related to Progressive Tools and Components Private Limited's participation in government tenders, providing a clear view of their financial health and performance trends.

Key Financial Metrics

  • Total Contract Value: The company has secured government contracts with a total value of ₹41,78,91,619.0. This showcases their ability to win valuable public sector projects.