PSI Engineering Systems Private Limited: Government Tender Analysis

PSI Engineering Systems Private Limited has demonstrated a significant presence in the Indian government procurement landscape, submitting bids for 23 government tenders. As a specialist government tender specialist, this analysis explores their tender performance metrics, competitive positioning, and strategic opportunities. With a commendable 26.1% win rate and a strong focus on specific ministries and product categories, PSI Engineering Systems has established a solid foundation for future growth. This detailed assessment aims to provide valuable insights for procurement officers, industry stakeholders, and potential partners.

Executive Summary

Between FY 2021-22 and FY 2024-25, PSI Engineering Systems Private Limited participated in 23 government tenders, achieving a 26.1% win rate and a 78.3% qualification rate. This performance translates to securing 6 L1 bids. The company's contract value growth has been notable, especially in FY 2022-23, with a significant increase in total contract value compared to previous years. TenderAI's financial health assessment indicates a 'Satisfactory' score of 59.5/100, driven by strong win rate and bid efficiency components. PSI Engineering Systems focuses primarily on the Ministry of Heavy Industries and Public Enterprises, with a notable presence in tenders from the Department of Heavy Industry. Their expertise lies in product categories such as lube oil screw pumps, with a geographical presence mainly in Karnataka.

Financial Performance Analysis

PSI Engineering Systems' financial performance in government tenders shows a fluctuating yet positive trend over the past few fiscal years. The following table highlights key financial metrics: