Technovative Industrial Private Limited: Comprehensive Tender Performance Analysis

Technovative Industrial Private Limited is establishing a notable presence in India's government tender landscape. This comprehensive analysis, powered by TenderAI, examines their tender participation, qualification rate, and overall procurement strategy in the Indian context.

Executive Summary

Technovative Industrial Private Limited has demonstrated impressive performance in Indian government tenders. Between FY2021-22 and FY2024-25, the company participated in 9 tenders, achieving a remarkable win rate of 77.8%. This translates to securing 7 L1 positions, indicating a strong ability to offer competitive pricing. The company's technical qualification rate stands at 88.9%, highlighting compliance and understanding of public procurement specifications. TenderAI's assessment indicates a 'Good' financial health score of 65.7, driven by strong win rates. They have shown geographical specialization in Uttarakhand and have engaged with key departments such as Hindustan Copper Limited and Department of Fertilizers. The company primarily focuses on tenders from the Ministry of Power, Ministry of Mines, and Ministry of Chemicals and Fertilizers, demonstrating expertise in specific procurement areas. Their primary focus keyword is Technovative Industrial tenders and primary focus is Indian government tenders.

Financial Performance Analysis

Yearly Trends