spinmet engineers 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 3 bids — YES PROSPER SPINNING TECHNOLOGISTS appeared in 2 of them.
SPINMET ENGINEERS PRIVATE LIMITED
SPINMET ENGINEERS PRIVATE LIMITED
Financial Details
Registered Office
16, RAGHAVA ENCLAVE TRANSPORT ROADNA-SECUNDERABAD-Telangana-500009-India
Industry Classification
Finance
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
14
Contract Value
₹35.92 Cr
L1 Bids
3
Recent Win Rate
33.3%
Performance Analytics
Spinmet Engineers Private Limited: Comprehensive Tender Performance Analysis
Executive Summary
Spinmet Engineers Private Limited, an active participant in the Indian government procurement landscape, has demonstrated a 21.4% win rate across 14 bids submitted between April 2021 and March 2025. The company maintains a 100.0% qualification rate during this period, showcasing its ability to meet stringent tender requirements. Their total contract value secured stands at ₹35.92 crore, highlighting their effectiveness in converting bids into wins.
TenderAI's financial health assessment of Spinmet Engineers indicates a 'Good' status with a score of 67.3/100. This score is derived from components such as win rate (53.6), contract value (100), bid efficiency (63.3), growth (100), and consistency (23.5).
Spinmet Engineers primarily operates within the Ministry of Defence, particularly engaging with the Department of Defence Production and the Department of Defence Research & Development. Their market positioning indicates a competitive stance, leveraging cost-effective strategies.
This analysis provides a detailed overview of Spinmet Engineers' tender performance, financial standing, and competitive landscape, offering insights for government procurement officers, industry stakeholders, and potential investors.