Vardhman Airport Solutions Private Limited: Comprehensive Tender Performance Analysis

Executive Summary:

Vardhman Airport Solutions Private Limited demonstrates a strong presence in the Indian government tender landscape, particularly within the Ministry of Civil Aviation and the Ministry of Defence. As of March 2025, the company has participated in 56 tenders, achieving a win rate of 37.5%, securing 21 L1 bids. Their technical qualification rate stands at an impressive 92.9%, showcasing their ability to meet stringent government requirements. Between FY 2022-23 and FY 2024-25, Vardhman Airport Solutions has experienced substantial contract value growth, exceeding ₹84.39 crore in FY 2024-25. Their financial health assessment, based on TenderAI scoring components like win rate, contract value, bid efficiency, and growth, yields an "Excellent" score of 93.9/100. Vardhman Airport Solutions excels as an airport infrastructure supplier, a provider of landing and electrical systems, and a vendor to the Indian government, with notable success in Andaman & Nicobar. They bid on contracts with a total value of ₹97,83,23,429.0, successfully securing ₹97,83,23,429.0 in government contract value. The company's strategic focus on key departments like the Airports Authority of India (AAI) and the Department of Military Affairs has contributed to their competitive positioning in the Indian government procurement market.

Financial Performance Analysis

Vardhman Airport Solutions has shown significant financial growth in recent fiscal years. From FY 2022-23 to FY 2024-25, the company has substantially increased its total contract value. A detailed year-on-year performance comparison is provided below: