truefit engineering company limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 17 June 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 20 bids — PLT INDUSTRIES PRIVATE LIMITED appeared in 4 of them.
TRUEFIT ENGINEERING COMPANY LIMITED
TRUEFIT ENGINEERING COMPANY LIMITED
Financial Details
Registered Office
5, RACHNA APARTMENTS, LAXMINARAYAN TEMPLE ROAD, EKSAR, BORIVALI (W),NA-MUMBAI- 400 092.-Maharashtra-400092-India
Industry Classification
Business Services
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
28
Contract Value
₹66.66 Lakh
L1 Bids
13
Recent Win Rate
53.3%
Performance Analytics
TRUEFIT ENGINEERING COMPANY LIMITED: Business Analysis & Government Tender Performance
TRUEFIT ENGINEERING COMPANY LIMITED demonstrates a strong presence in the government tender landscape, showcasing significant potential for growth and strategic partnerships. This report provides a comprehensive business analysis, focusing on their financial performance, competitive positioning, and strategic recommendations to enhance their market position in the engineering sector.
Executive Summary
TRUEFIT ENGINEERING COMPANY LIMITED exhibits a promising 46.4% win rate in government tenders, coupled with a recent 107.34% growth in contract value (FY 2024-25). The company has secured 13 L1 positions, establishing itself as a competitive player in the government procurement ecosystem. While their qualification rate stands at a solid 78.6%, opportunities exist to refine their bidding strategy and expand their market reach. Their financial health is rated as 'Good' with a score of 69.6/100, demonstrating stability and potential for further financial improvements. This business analysis will delve into specific aspects of TRUEFIT ENGINEERING's performance, providing actionable insights for stakeholders.
1. Financial Performance Analysis of TRUEFIT ENGINEERING
This section examines the financial performance of TRUEFIT ENGINEERING COMPANY LIMITED based on their participation in government tenders. We will analyze their bid history, win rates, contract values, and financial trends over the past several fiscal years.
Key Financial Metrics
- Overall Win Rate: 46.4% across 28 tenders.