Tropical Refrigeration Government Tender Profile

With a substantial portfolio of 107 government tender participations, Tropical Refrigeration has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Superior Tender Success Rate of 52.3%

Tropical Refrigeration demonstrates exceptional government tender performance with an impressive win ratio of 52.3%. Out of 107 tenders, they have secured 56 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Tropical Refrigeration has bid on contracts with a total value of ₹,35,20,96,358.0, successfully securing ₹,35,20,96,358.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

The company's average Earnest Money Deposit (EMD) of ₹1,31,587.33333333334 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.

Specialized Government Procurement Focus