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tricon solutions Tender Performance & Track Record

tricon solutions

Tender Performance & Track Record

Company Overview

Summary
TRICON SOLUTIONS: Government Tender Profile Analysis Tricon Solutions has strategically engaged in India's public procurement sector, participating in 304 government tenders. This comprehensive analysis offers insights into their bidding performance, tender success patterns, and competitive positioning within the realm of government contracts. With a 33.2% win rate, Tricon Solutions stands out as a reliable player in the government procurement landscape.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 17 June 2025

Live Data

Total Bids / Contract Value

Bids81
Value₹5.48Cr

Qualified Bids / Q Rate

Bids71
Q Rate87.7%

Total Wins / Win Value

Win36
Value₹1.23Cr

Wins Rate / Q-W Rate

Rate44.4%
Q-W Rate50.7%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

45.6% win rate
79
₹5.40 Cr
70
36
₹1.23 Cr

Ministry of Defence

Bids
79
₹5.40 Cr
Qualified
70
Wins
36
₹1.23 Cr
45.6% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 81 bids — M K TRADER appeared in 19 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

TRICON SOLUTIONS

Your Company
44.4% win rate
81
₹5.48 Cr
71
87.7%
36
₹1.23 Cr

TRICON SOLUTIONS

Your Company
Total Bids
81
₹5.48 Cr
Qualified
71
87.7%
Wins
36
₹1.23 Cr
44.4% win rate
M K TRADER
21.1% win rate
19
₹31.55 Lakh
17
89.5%
4
₹4.94 Lakh
M K TRADER
Total Bids
19
₹31.55 Lakh
Qualified
17
89.5%
Wins
4
₹4.94 Lakh
21.1% win rate
J.S.ENTERPRISES
13.3% win rate
15
₹61.87 Lakh
11
73.3%
2
₹4.73 Lakh
J.S.ENTERPRISES
Total Bids
15
₹61.87 Lakh
Qualified
11
73.3%
Wins
2
₹4.73 Lakh
13.3% win rate
SMART IT SOLUTIONS
12.5% win rate
8
₹31.04 Lakh
5
62.5%
1
₹98K
SMART IT SOLUTIONS
Total Bids
8
₹31.04 Lakh
Qualified
5
62.5%
Wins
1
₹98K
12.5% win rate
LAMBA TRADING CO.
7.7% win rate
13
₹11.89 Lakh
13
100.0%
1
₹78K
LAMBA TRADING CO.
Total Bids
13
₹11.89 Lakh
Qualified
13
100.0%
Wins
1
₹78K
7.7% win rate
S.R. TRADING CO.
10.0% win rate
10
₹8.25 Lakh
10
100.0%
1
₹20K
S.R. TRADING CO.
Total Bids
10
₹8.25 Lakh
Qualified
10
100.0%
Wins
1
₹20K
10.0% win rate
RCART
28.6% win rate
7
₹3.16 Lakh
7
100.0%
2
₹14K
RCART
Total Bids
7
₹3.16 Lakh
Qualified
7
100.0%
Wins
2
₹14K
28.6% win rate
COBAN UNIVERSAL
0.0% win rate
8
₹81.57 Lakh
8
100.0%
0
₹0
COBAN UNIVERSAL
Total Bids
8
₹81.57 Lakh
Qualified
8
100.0%
Wins
0
₹0
0.0% win rate
MINAS STORES
0.0% win rate
7
₹19.16 Lakh
0
0.0%
0
₹0
MINAS STORES
Total Bids
7
₹19.16 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
LOREX INFOTECH
0.0% win rate
5
₹13.72 Lakh
0
0.0%
0
₹0
LOREX INFOTECH
Total Bids
5
₹13.72 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
INDIWEB HOLDINGS PRIVATE LIMITED
0.0% win rate
5
₹6.54 Lakh
0
0.0%
0
₹0
INDIWEB HOLDINGS PRIVATE LIMITED
Total Bids
5
₹6.54 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

304

Qualified: 248
Q Rate: 81.6%

Contract Value

₹7.79 Cr

Avg. Bid: ₹1.52 Lakh
Avg. EMD: ₹0

L1 Bids

101

Win Rate: 33.2%
Q to W Ratio: 40.7%

Recent Win Rate

36.1%

Change: -5.4%
Period: FY 2024-25

Performance Analytics

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

TRICON SOLUTIONS: Government Tender Profile Analysis

Tricon Solutions has strategically engaged in India's public procurement sector, participating in 304 government tenders. This comprehensive analysis offers insights into their bidding performance, tender success patterns, and competitive positioning within the realm of government contracts. With a 33.2% win rate, Tricon Solutions stands out as a reliable player in the government procurement landscape.

Proven L1 Bid Success and High Win Rate

Tricon Solutions has achieved remarkable success, securing 101 L1 positions in government tenders. This highlights their strategic pricing approach and competitive bid strategy. Their 33.2% win ratio across 304 tender participations establishes a solid track record in government procurement. The company's performance also reveals consistency, with no L2 or L3 rankings, underscoring their ability to consistently deliver competitive bids in the public sector.

Financial Performance and Contract Value

Tricon Solutions has demonstrated financial acumen by bidding on contracts with a total value of ₹7,78,75,184.0, successfully converting these bids into secured government contracts worth ₹7,78,75,184.0. This represents a 100.0% conversion rate, demonstrating their proficiency in identifying and winning valuable public sector projects. The company's financial performance is a testament to its effective targeting and procurement strategies.

Regional and Sectoral Focus

Tricon Solutions has established a notable regional presence in Jammu & Kashmir and Punjab government tenders, indicating a focused geographic specialization within their public procurement strategy. Furthermore, their tender history reveals significant engagement with the Department Of Military Affairs, Department Of Defence, and the Department Of Telecommunications (Dot), showcasing specific procurement expertise in these sectors. Tricon Solutions has experience bidding with entities such as the Indian Army and the Director General Of National Cadet Corps (Dgncc), demonstrating familiarity with the diverse procurement requirements of various governmental organizations.