Suviro Technologies: Government Tender Performance Analysis

Suviro Technologies Private Limited is an emerging player in India's government tender ecosystem, actively participating in 7 tenders with a 14.3% qualification rate between April 2018 and March 2025. This analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy, specifically focusing on Ministry of Heavy Industries and Public Enterprises tenders. Despite a 0.0% win rate, Suviro Technologies demonstrates a growing presence in key sectors, reflected in their engagement with departments such as Heavy Industry, Agriculture, and Defence. Their financial health score is currently assessed as 'Critical' at 30.0/100, indicating areas for improvement in win rates, contract values, and bid efficiency. The company's market positioning is in the early stages, with opportunities to strengthen their bid strategy and technical compliance to improve their competitive standing. The company shows focus on Department of Heavy Industry, Department of Agriculture Cooperation and Farmers Welfare, and Department of Defence tenders.

Financial Performance Analysis

Suviro Technologies is building its financial footprint within the government sector. Key observations from their financial performance include:

• Yearly Trends:
  • No tender activity was recorded between FY 2018-19 and FY 2022-23.
  • FY 2023-24 saw participation in 3 tenders, with a total contract value of ₹35,31,420.
  • FY 2024-25 shows increased participation with 4 tenders, totaling a contract value of ₹62,59,052, representing a 77.2% growth from the previous year.