Sritech Engineering: Government Tender Performance Analysis

Sritech Engineering has begun establishing presence in India's government tender ecosystem with participation in 2 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Superior Tender Success Rate of 50.0%

Sritech Engineering demonstrates exceptional government tender performance with an impressive win ratio of 50.0%. Out of 2 tenders, they have secured 1 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Sritech Engineering has bid on contracts with a total value of ₹9,86,87,070.0, successfully securing ₹9,86,87,070.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

The company's average Earnest Money Deposit (EMD) of ₹,19,33,619.5 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus