PROMETRIK ENGINEERING LIMITED: Comprehensive Government Tender Analysis

Executive Summary

Prometrik Engineering Limited has demonstrated a strong presence in the Indian government procurement landscape, particularly within the defence sector. This analysis provides an in-depth review of their tender performance, financial health, and competitive positioning. Key performance metrics between FY2022-23 and FY2024-25 show a 41.7% win rate, with a 100% qualification rate across all tenders participated in. The company has secured contracts worth ₹27,10,69,100, reflecting their ability to convert bids into successful projects. TenderAI's financial health assessment gives Prometrik Engineering Limited a score of 67.2/100, indicating a 'Good' financial standing. This score is based on components such as win rate, contract value, bid efficiency, growth, and consistency. Prometrik's market positioning is primarily within the Ministry of Defence, specifically the Department of Defence Production, where they have focused their bidding efforts. The company's overall tender performance is characterized by a high qualification rate and competitive pricing, making them a strong contender for government contracts. This Prometrik Engineering Limited tender analysis provides insights into their strengths, weaknesses, opportunities, and threats (SWOT), along with strategic recommendations to enhance their performance and market position.

Financial Performance Analysis

Yearly Trends

Prometrik Engineering Limited's financial performance in government tenders shows notable trends over the past few fiscal years. The following table summarizes their yearly performance from FY2018-19 to FY2024-25: