technico(india) pvt ltd
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 18 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 21 bids — DISCERN ENGINEERING PRIVATE LIMITED appeared in 6 of them.
TECHNICO(INDIA) PVT LTD
TECHNICO(INDIA) PVT LTD
Financial Details
Registered Office
PLOT NO.1966, N.H.-5, PATRAPARANA-BHUBANESWAR-Orissa-751002-India
Industry Classification
Manufacturing (Machinery & Equipments)
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
56
Contract Value
₹98.54 Cr
L1 Bids
31
Recent Win Rate
61.1%
Performance Analytics
Technicoindia: Comprehensive Tender Performance Analysis
Executive Summary:
TECHNICO(INDIA) PVT LTD demonstrates strong performance in Indian government tenders, particularly in the fire protection and related sectors. This analysis, leveraging TenderAI's advanced algorithms, provides a detailed overview of their tender performance metrics, financial health, market positioning, and strategic recommendations for future growth. Key highlights include a 61.1% win rate in the most recent fiscal year (FY2024-25), securing contracts worth ₹26.10 crore. Their qualification rate stands at 91.1%, demonstrating strong compliance with tender requirements. From FY2021-22 to FY2024-25, Technicoindia has shown consistent participation, primarily focusing on tenders from the Ministry of Heavy Industries and Public Enterprises, the Ministry of Power, and the Ministry of Defence. Their financial health is assessed as 'Excellent' with a score of 97.2/100, reflecting strong win rates, consistent contract values, and efficient bidding practices. The company's success is underpinned by a focused strategy, allowing them to excel in specific product/service categories and departmental procurements. Their market position is dominant within their niche, although competitive pressures from firms like NEWAGE FIRE PROTECTION ENGINEERS PRIVATE LIMITED need to be addressed strategically. This report provides actionable insights for government procurement officers, industry partners, and investors seeking to understand Technicoindia's capabilities and potential within the Indian government tender landscape.
Technicoindia: Financial Performance Analysis
TECHNICO(INDIA) PVT LTD exhibits a robust financial performance across its government tender activities. Yearly trends reveal consistent growth in contract values, with a notable increase in FY2022-23. Analysis of quarterly patterns indicates strong performance in Q1 (April-June), suggesting effective resource allocation during this period. Bid distribution analysis shows a wide range of participation across various price ranges, with a concentration in the lower to mid-value tender segments. The data shows a positive trend in both win rate and contract value over the past few years. The following table provides a comparative overview of the company's performance:
Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value |
---|---|---|---|---|
FY 2021-22 | 6 | 4 | 66.67% | ₹3,30,30,691 |
FY 2022-23 | 19 | 9 | 47.37% | ₹49,42,68,014 |
FY 2023-24 | 13 | 7 | 53.85% | ₹19,71,18,693 |