qbit labs private 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
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 14 bids — ALTEN GLOBAL TECHNOLOGIES PRIVATE LIMITED appeared in 3 of them.
QBIT LABS PRIVATE LIMITED
QBIT LABS PRIVATE LIMITED
Financial Details
Registered Office
Flat No. D-614, 6th Floor Phase 4 BLK- GH, PKT 4, Sector 29, RohiniNA-Delhi-Delhi-110085-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
18
Contract Value
₹21.36 Cr
L1 Bids
2
Recent Win Rate
12.5%
Performance Analytics
Qbit Labs Private Limited: Comprehensive Tender Performance Analysis
Qbit Labs Private Limited is an active participant in the Indian government procurement landscape, specializing in the Defence and Space sectors. This report provides a detailed analysis of their tender performance, financial health, competitive positioning, and strategic recommendations, focusing on data-driven insights relevant to Indian government procurement officers and industry stakeholders.
Executive Summary
Qbit Labs Private Limited has participated in 18 government tenders between April 2018 and March 2025, demonstrating a focused engagement in public sector procurement. As of March 31, 2025, their overall win rate stands at 11.1%, with a qualification rate of 44.4%. The company has secured ₹21.35 crore in government contracts. Notably, Qbit Labs secured 2 L1 positions during this period, showcasing their competitive pricing strategy. TenderAI's financial health assessment indicates a "Concerning" status with a score of 38.4/100, based on win rate (27.8), contract value (60.8), bid efficiency (20.0), growth (0), and consistency (92.7). Their primary focus lies within the Ministry of Defence, particularly the Department of Defence Research & Development, suggesting a specialization in this sector. Qbit Labs is actively building their government procurement capabilities and exhibits a good opportunity to improve the qualification rate to increase the success rate.
Financial Performance Analysis
Yearly Trends
Qbit Labs's financial performance in government tenders has shown steady participation but mixed results over the past two fiscal years. Here's a comparative overview:
| Metric | FY 2023-24 | FY 2024-25 |