Sovereign Pumping Solutions: Government Tender Analysis

Sovereign Pumping Solutions Private Limited is actively participating in Indian government procurement, having submitted bids for 34 government tenders. This analysis delves into their tender history, revealing insights into their qualification rates, competitive positioning, and category specialization.

Executive Summary

From April 2018 to March 2025, Sovereign Pumping Solutions has demonstrated a developing presence in the government tender landscape. While their overall win rate stands at 2.9%, recent performance in FY 2024-25 shows improvement with a win rate of 6.25%. They have achieved 1 L1 position across all bids. The company's qualification rate is currently at 41.2%, indicating potential for improvement in meeting technical specifications. Their financial health score, assessed by TenderAI, is 28.5 out of 100, categorized as 'Critical'. Sovereign Pumping Solutions has focused on tenders in Karnataka and West Bengal, primarily engaging with the Ministry of Power, Department of Defence Production, and Steel Authority of India Limited. Their competitive landscape includes key players like Harison Pumps Private Limited, against whom they frequently compete.

Financial Performance Analysis

• Yearly Trends: A review of yearly performance from FY 2018-19 to FY 2024-25 reveals a gradual increase in tender participation. There were no bids submitted until FY 2023-24, where 18 bids were submitted, followed by 16 bids in FY 2024-25. FY 2024-25 shows the only win with one tender secured.

  Fiscal Year	Bid Count	Win Count	Qualification Rate	Win Rate	Total Contract Value
  FY 2018-19	0	0	0.0%	0.0%	₹0