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therelek engineers private limited Tender Performance & Track Record

CIN: U29299KA1981PTC004393
Active
Private
Company limited by shares

therelek engineers private limited

Tender Performance & Track Record

CIN: U29299KA1981PTC004393
Active
Private
Company limited by shares

Company Overview

Summary
THERELEK ENGINEERS PRIVATE LIMITED: Business Analysis and Strategic Insights Executive Summary: This business analysis report provides a comprehensive overview of THERELEK ENGINEERS PRIVATE LIMITED's performance in the government tender landscape. With 87 government tender participations, Therelek Engineers has demonstrated strategic engagement in India's public procurement sector. Key highlights include a 19.5% win rate, securing valuable government contracts, and a strong technical qualification rate. However, recent trends indicate declining win rates, demanding strategic adjustments. This report delves into the company's financial performance, competitive positioning, and offers actionable recommendations for sustainable growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 1981State: KARNATAKA
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:1981
State:KARNATAKA

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids37
Value₹26.44Cr

Qualified Bids / Q Rate

Bids28
Q Rate75.7%

Total Wins / Win Value

Win2
Value₹4.55Cr

Wins Rate / Q-W Rate

Rate5.4%
Q-W Rate7.1%

Detailed Performance Analysis

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Tender Performance by Ministries

8 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

7.7% win rate
26
₹23.16 Cr
21
2
₹4.55 Cr

Ministry of Defence

Bids
26
₹23.16 Cr
Qualified
21
Wins
2
₹4.55 Cr
7.7% win rate

PMO

0.0% win rate
5
₹2.66 Cr
4
0
₹0

PMO

Bids
5
₹2.66 Cr
Qualified
4
Wins
0
₹0
0.0% win rate

Ministry of Education

0.0% win rate
1
₹18.50 Lakh
0
0
₹0

Ministry of Education

Bids
1
₹18.50 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
1
₹70K
1
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
1
₹70K
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Micro Small and Medium Enterprises

0.0% win rate
1
₹1.62 Lakh
0
0
₹0

Ministry of Micro Small and Medium Enterprises

Bids
1
₹1.62 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹4.11 Lakh
1
0
₹0

Ministry of Mines

Bids
1
₹4.11 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Railways

0.0% win rate
1
₹7.50 Lakh
0
0
₹0

Ministry of Railways

Bids
1
₹7.50 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Steel

0.0% win rate
1
₹28.66 Lakh
1
0
₹0

Ministry of Steel

Bids
1
₹28.66 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 37 bids — UNITED ENTERPRISES appeared in 11 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

THERELEK ENGINEERS PRIVATE LIMITED

Your Company
5.4% win rate
37
₹26.44 Cr
28
75.7%
2
₹4.55 Cr

THERELEK ENGINEERS PRIVATE LIMITED

Your Company
Total Bids
37
₹26.44 Cr
Qualified
28
75.7%
Wins
2
₹4.55 Cr
5.4% win rate
UNITED ENTERPRISES
45.5% win rate
11
₹11.89 Cr
8
72.7%
5
₹5.29 Cr
UNITED ENTERPRISES
Total Bids
11
₹11.89 Cr
Qualified
8
72.7%
Wins
5
₹5.29 Cr
45.5% win rate
S S THERMAL SOLUTIONS
9.1% win rate
11
₹7.67 Cr
7
63.6%
1
₹2.19 Cr
S S THERMAL SOLUTIONS
Total Bids
11
₹7.67 Cr
Qualified
7
63.6%
Wins
1
₹2.19 Cr
9.1% win rate
NUTEC-THERMO FURNACES AND EQUIPMENTS PRIVATE LIMITED
5.6% win rate
18
₹14.68 Cr
10
55.6%
1
₹1.60 Cr
NUTEC-THERMO FURNACES AND EQUIPMENTS PRIVATE LIMITED
Total Bids
18
₹14.68 Cr
Qualified
10
55.6%
Wins
1
₹1.60 Cr
5.6% win rate
J.D. REFRACTORIES
14.3% win rate
7
₹3.77 Cr
6
85.7%
1
₹85.41 Lakh
J.D. REFRACTORIES
Total Bids
7
₹3.77 Cr
Qualified
6
85.7%
Wins
1
₹85.41 Lakh
14.3% win rate
SMELTER ENGINEERING WORKS
10.0% win rate
10
₹15.05 Cr
7
70.0%
1
₹64.53 Lakh
SMELTER ENGINEERING WORKS
Total Bids
10
₹15.05 Cr
Qualified
7
70.0%
Wins
1
₹64.53 Lakh
10.0% win rate
NASKAR & COMPANY
0.0% win rate
6
₹5.89 Cr
0
0.0%
0
₹0
NASKAR & COMPANY
Total Bids
6
₹5.89 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
THERELEK FURNACES PRIVATE LIMITED
0.0% win rate
6
₹1.99 Cr
3
50.0%
0
₹0
THERELEK FURNACES PRIVATE LIMITED
Total Bids
6
₹1.99 Cr
Qualified
3
50.0%
Wins
0
₹0
0.0% win rate
SERVO ENTERPRISES
0.0% win rate
5
₹1.82 Cr
2
40.0%
0
₹0
SERVO ENTERPRISES
Total Bids
5
₹1.82 Cr
Qualified
2
40.0%
Wins
0
₹0
0.0% win rate
LEHSUNIYA THERMAL TECHNOLOGIES
0.0% win rate
5
₹81.85 Lakh
2
40.0%
0
₹0
LEHSUNIYA THERMAL TECHNOLOGIES
Total Bids
5
₹81.85 Lakh
Qualified
2
40.0%
Wins
0
₹0
0.0% win rate
MAXWARM ENGINEERING
0.0% win rate
5
₹4.78 Cr
1
20.0%
0
₹0
MAXWARM ENGINEERING
Total Bids
5
₹4.78 Cr
Qualified
1
20.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29299KA1981PTC004393
Class
Private
Status
Active
Founded1981

Financial Details

Authorized Capital₹12.0Cr
Paid-up Capital₹10.8Cr

Registered Office

70-71 III PHASE PEENYA INDUST-RIAL AREA, BANGALORE KARNATAKANA-BANGALORE-Karnataka-560058-India

Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29299

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Bangalore
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

89

Qualified: 63
Q Rate: 70.8%

Contract Value

₹103.47 Cr

Avg. Bid: ₹2.49 Cr
Avg. EMD: ₹3.00 Lakh

L1 Bids

17

Win Rate: 19.1%
Q to W Ratio: 27.0%

Recent Win Rate

6.9%

Change: -6.1%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

THERELEK ENGINEERS PRIVATE LIMITED: Business Analysis and Strategic Insights

Executive Summary:
This business analysis report provides a comprehensive overview of THERELEK ENGINEERS PRIVATE LIMITED's performance in the government tender landscape. With 87 government tender participations, Therelek Engineers has demonstrated strategic engagement in India's public procurement sector. Key highlights include a 19.5% win rate, securing valuable government contracts, and a strong technical qualification rate. However, recent trends indicate declining win rates, demanding strategic adjustments. This report delves into the company's financial performance, competitive positioning, and offers actionable recommendations for sustainable growth.

Financial Performance of Therelek Engineers

Government Tender Financial Overview

Therelek Engineers has shown considerable financial activity within the government tender domain. Key financial metrics include:

  • Total Contract Value Secured: ₹97,94,74,621.0, indicating their success in winning valuable public sector projects.
  • Average Bid Amount: ₹24,903,895.18, reflecting the scale of projects they typically pursue.
  • Average Earnest Money Deposit (EMD): ₹3,00,000.0, demonstrating their financial capacity to bid on substantial tenders.