Renuka Enterprises: Government Tender Profile & Business Analysis

Renuka Enterprises is a prominent player in India's government procurement landscape, demonstrating strategic engagement with a portfolio of 825 government tender participations. This report provides a comprehensive business analysis of their bidding performance, tender success patterns, and competitive positioning in the government contracts sector. The analysis leverages key performance indicators (KPIs) to provide actionable insights.

Proven L1 Bid Success: 209 Contract Wins

Renuka Enterprises has successfully secured 209 L1 positions in government tenders, showcasing a strategic pricing approach and competitive bid strategy. Their win rate stands at 25.3% across 825 tender participations, indicating a reliable track record in government procurement. This demonstrates their effectiveness in securing contracts and contributing to the financial performance of the company. The absence of L2 and L3 rankings suggests a consistent focus on securing the most competitive bids.

Financial Performance Highlights

Renuka Enterprises has bid on contracts with a total value of ₹3,20,83,35,386.0, successfully securing contracts worth the same amount. This represents a 100.0% conversion rate, highlighting their targeted approach to valuable public sector projects. The average Earnest Money Deposit (EMD) of ₹1,31,719.34782608695 indicates their financial capacity to participate in substantial government tenders.

Regional and Sector Specialization

Renuka Enterprises has established a strong regional presence in Andhra Pradesh and Maharashtra, showcasing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with the Department Of Military Affairs, NA, and the Department Of Atomic Energy, demonstrating specific procurement expertise. Experience bidding with the Indian Navy, Indian Army, and the Indian Coast Guard reflects familiarity with diverse organizational procurement requirements.