Techmech Cranes India: Government Tender Performance Analysis

Techmech Cranes India Private Limited has actively participated in India's government tender landscape with a portfolio of 71 government tender participations. This detailed business analysis and SEO-optimized report, powered by TenderAI analysis, provides key insights into their bidding performance, tender success patterns, and competitive positioning within the government procurement sector, particularly in the Indian crane industry.

Executive Summary

From April 2018 to March 2025, Techmech Cranes India has demonstrated a consistent presence in government tenders. Key performance metrics include a 15.5% win rate across all tenders, with a technical qualification rate of 81.7%. Notably, in FY24-25, their win rate surged to 30.0%, securing contracts worth ₹4.51 crore. The company has bid on contracts with a total value of ₹35.23 crore, securing ₹35.23 crore in government contract value, demonstrating a 100.0% conversion rate of bid value to won contracts. According to TenderAI scoring components, the financial health assessment is rated as 'Concerning' with a score of 41.8/100. Techmech Cranes India primarily excels in tenders from the Ministry of Defence, particularly the Department of Defence Production, and the Department of Atomic Energy.

This analysis focuses on Techmech Cranes India's tender performance metrics, bid competitiveness score, and overall standing in the Indian crane industry. The company's engagement with the Ministry of Defence and Department of Atomic Energy is a key area of strength.

Financial Performance Analysis

Yearly Trends

The following table summarizes the year-on-year performance of Techmech Cranes India: