Tangent Solutions: Government Tender Performance Analysis

Tangent Solutions stands out in India's government procurement sector, boasting a robust portfolio of 643 tender participations. This comprehensive business analysis provides key insights into their bidding efficiency, success patterns, and competitive positioning within the government contracts landscape. With a 29.1% win rate and 187 L1 bids secured, Tangent Solutions demonstrates a reliable track record in public sector engagements.

Executive Summary

Tangent Solutions exhibits strong performance in government tenders. Their win rate stands at an impressive 29.1%, securing 187 L1 bids out of 643 participations. The company's financial performance is marked by securing ₹90,29,95,042.0 in contract value. A technical qualification rate of 87.9% underscores their compliance and understanding of government tender requirements. The company strategically focuses on the Odisha region, showing specialization with departments like the Department of Atomic Energy. Despite a competitive landscape, Tangent Solutions maintains a healthy financial profile and shows stability across key performance indicators.

Financial Performance of Tangent Solutions

Contract Value and Bid Efficiency

Tangent Solutions has actively bid on government contracts, demonstrating proficiency in securing valuable public sector projects. Key highlights include:

• Total Contract Value Secured: ₹90,29,95,042.0, indicating their ability to convert bids into successful contracts.