sourtech automation private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 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 44 bids — JET AGE GARAGE EQUIPMENTS appeared in 26 of them.
SOURTECH AUTOMATION PRIVATE LIMITED
SOURTECH AUTOMATION PRIVATE LIMITED
Financial Details
Registered Office
1/16, FIRST FLOORLALITA PARK, LAXMI NAGAREast Delhi-New Delhi-Delhi-110092-India
Industry Classification
MANUFACTURE OF COMPUTER, ELECTRONICAND OPTICAL PRODUCTS.
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
49
Contract Value
₹1.40 Cr
L1 Bids
3
Recent Win Rate
12.5%
Performance Analytics
SOURTECH AUTOMATION PRIVATE LIMITED: Government Tender Analysis & Business Performance
SOURTECH AUTOMATION PRIVATE LIMITED is actively participating in the public sector procurement ecosystem, demonstrated by 49 government tender bids. This report provides a comprehensive analysis of their tender history, revealing patterns in qualification rates, competitive positioning, and category specialization. While showing promise, there's significant room for improvement in key performance indicators.
Government Tender Performance Development
SOURTECH AUTOMATION has achieved 3 L1 positions as the lowest bidder in government tenders. The company's tender success rate stands at 6.1% across 49 bids, reflecting ongoing efforts to build government procurement capabilities. Though the win rate is currently low, the positive participation trend suggests a commitment to the public sector market. Understanding these performance indicators is vital for strategic adjustments and improved results in the competitive landscape of government tenders. The recent win rate, however, shows an improvement at 14.1%.
Financial Performance in Government Tenders
SOURTECH AUTOMATION has engaged in contracts with a total bid value of ₹1,40,07,662.0, successfully securing ₹1,40,07,662.0 in government contract value. This impressive conversion rate of bid value to won contracts highlights their effectiveness in securing targeted public sector projects. The average Earnest Money Deposit (EMD) of ₹27,000.0 reflects their financial capacity to handle substantial government tenders requiring significant bid security. Examination of the SOURTECH AUTOMATION financial performance reveals fluctuating success, underlining the need for refined financial and bidding strategies.
SOURTECH AUTOMATION Specialized Government Procurement Focus
The company demonstrates a regional presence in Uttar Pradesh, Maharashtra, and Gujarat government tenders, suggesting a deliberate geographic specialization in their public procurement strategy. Their tender history shows engagement with Department Of Military Affairs, Indian Railways, and Bhakra Beas Managemet Board, where they have demonstrated specific procurement expertise. Furthermore, their experience bidding with Indian Army, Director Of Vocational Education And Training, and Assam Rifles indicates familiarity with diverse organizational procurement requirements.