Techcorr India Private Limited: Comprehensive Tender Performance Analysis

Executive Summary:

Techcorr India Private Limited has demonstrated a consistent presence in the Indian government tender landscape, particularly within the Ministry of Petroleum and Natural Gas. Analyzing their tender performance from FY2021-22 to FY2024-25, reveals a fluctuating yet ultimately positive trend in their bidding activities. Key performance metrics include a win rate of 17.9% across 117 bids, a technical qualification rate of 82.1%, and a total secured government contract value of ₹30,43,03,323. Their financial health score, as assessed by TenderAI, stands at 41.8, indicating a 'Concerning' status that warrants strategic improvements. The primary ministries and departments where Techcorr excels are the Ministry of Petroleum and Natural Gas, with significant engagement with organizations like Indian Oil Corporation Limited, GAIL India Limited, and Hindustan Petroleum Corporation Ltd. A detailed competitive analysis highlights key rivals such as IRC ENGINEERING SERVICES INDIA PVT LTD and SIEVERT INDIA PRIVATE LIMITED, against whom Techcorr needs to strengthen its competitive positioning.

Financial Performance Analysis

Techcorr India's financial performance in government tenders shows a mixed trend over the past four fiscal years. The company had no participation in tenders until FY 2021-22. Year-on-year performance is detailed below: