tirven industries private limited
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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 3 bids — R R INDUSTRIES appeared in 1 of them.
TIRVEN INDUSTRIES PRIVATE LIMITED
TIRVEN INDUSTRIES PRIVATE LIMITED
Financial Details
Registered Office
24, GANDHI NAGARCO-OPERAIVE INDUSTRIAL ESTATE BALNAGAR, HYDERABADNA-A.P.-Telangana-500037-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
20
Contract Value
₹3.95 Cr
L1 Bids
13
Recent Win Rate
50.0%
Performance Analytics
Tirven Industries: Dominating Government Tenders with Strategic Procurement
Tirven Industries Private Limited has established itself as a prominent player in the Indian government tender landscape. Analysis of their tender performance reveals a strong focus on the Ministry of Defence, particularly the Department of Defence Research & Development and the Department of Defence Production. From FY2021-22 to FY2024-25, Tirven Industries participated in 20 government tenders, achieving a remarkable 65.0% win rate and a qualification rate of 85.0%. The company's financial health is rated as 'Satisfactory' with a score of 53.7/100 by TenderAI, based on win rate, contract value, bid efficiency, growth, and consistency components. These metrics highlight Tirven Industries's proficiency in navigating the complexities of government procurement.
Key Performance Metrics
Over the period from FY2021-22 to FY2024-25, Tirven Industries demonstrated consistent bidding activity, securing 13 L1 positions. The total contract value secured during this period amounts to ₹3,94,82,698. Their strength lies in their ability to meet technical specifications, as evidenced by the high qualification rate. While their win rate is strong overall, year-on-year analysis reveals fluctuations, indicating potential areas for strategic improvement. The company's performance is particularly notable within the Ministry of Defence, where they have concentrated their bidding efforts.
Financial Performance Analysis
The Financial Performance Analysis of Tirven Industries reveals both strengths and areas for improvement. Year-wise, the company's performance shows significant growth in contract value in FY2023-24, reaching ₹2,82,57,950, compared to previous years. However, FY2024-25 saw a decrease in contract value, indicating potential challenges in maintaining consistent growth. Quarter-wise performance visualizations (not included, but described) would show a strong performance in Q3 (Oct-Dec) and weaker performance in Q2 and Q4. Bid distribution analysis from April 2023 to March 2024 indicates a high concentration of bids in the lower price ranges (below ₹10,00,000), suggesting a focus on smaller contracts.
Product/Service Category Performance
Detailed analysis of Tirven Industries's product/service category performance is limited by the available data. However, the company's focus on the defence sector suggests specialization in related products or services. Further analysis by category would provide valuable insights into their competitive advantages and areas for expansion.