spectralab instruments 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 23 bids — TECHNO SEARCH PROCESS AND SYSTEMS appeared in 8 of them.
SPECTRALAB INSTRUMENTS PRIVATE LIMITED
SPECTRALAB INSTRUMENTS PRIVATE LIMITED
Financial Details
Registered Office
PLOT NO. W-446, TETAVALI VILLAGE, TTC INDUSTRIAL AREA, RABALE MIDCNA-NAVI MUMBAI-Maharashtra-400701-India
Industry Classification
Community, personal & Social Services
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
152
Contract Value
₹12.01 Cr
L1 Bids
38
Recent Win Rate
27.3%
Performance Analytics
SPECTRALAB INSTRUMENTS PRIVATE LIMITED: Business Analysis and Government Tender Performance
SPECTRALAB INSTRUMENTS PRIVATE LIMITED demonstrates significant participation in the Indian government tender landscape with 152 tender participations. This comprehensive business analysis provides strategic insights into their bidding efficacy, tender success patterns, and competitive positioning in securing government contracts. The report highlights key performance indicators and areas for strategic growth in the competitive government procurement sector.
Executive Summary
SPECTRALAB INSTRUMENTS PRIVATE LIMITED exhibits a strong presence in government tenders, characterized by a 25.0% win rate across 152 participations. The company has secured 38 L1 positions, demonstrating competitive pricing and effective bid strategies. With a total secured government contract value of ₹12,00,52,564.0, SPECTRALAB's financial performance showcases a solid conversion rate of bid value to won contracts. However, recent financial performance indicates a decline in contract value growth, necessitating a strategic review to optimize future procurement success. The company's technical qualification rate of 78.9% underscores a robust compliance capability, positioning them as a reliable partner in government projects. This business analysis delves into key performance areas, competitive landscape, and strategic recommendations to enhance SPECTRALAB's position in the government tender ecosystem.
Financial Performance of SPECTRALAB INSTRUMENTS PRIVATE LIMITED
This section provides an in-depth analysis of SPECTRALAB INSTRUMENTS PRIVATE LIMITED's financial performance in government tenders, highlighting key metrics and trends over recent fiscal years. Understanding these financial dynamics is crucial for assessing the company's stability and potential for sustainable growth.
Key Financial Metrics
The following metrics provide a snapshot of SPECTRALAB's financial engagement in government tenders: