Vision Vidyut Engineers Private Limited: Government Tender Analysis

Vision Vidyut Engineers Private Limited is actively participating in the Indian government procurement landscape with 16 bids. This report analyzes their tender performance metrics to provide insights into their market positioning, financial health, and strategic opportunities.

Executive Summary

From April 2023 to March 2024, Vision Vidyut Engineers participated in 16 government tenders, achieving an 18.8% win rate and a 62.5% qualification rate. They secured 3 L1 positions, demonstrating their price competitiveness. The total value of contracts bid upon is ₹13,09,49,407, with a successful conversion of bid value to won contracts of ₹13,09,49,407, a 100.0% conversion rate. TenderAI's financial health assessment gives Vision Vidyut Engineers a score of 54.2, indicating a 'Satisfactory' status, driven by their win rate, contract value, bid efficiency, growth, and consistency components.

The company's market positioning is currently challenging, with a need to improve win rates against key competitors. Their primary focus has been on tenders from the Ministry of Defence, particularly the Department of Defence Production, where they have demonstrated specific procurement expertise. Key areas for improvement include enhancing bid efficiency and capitalizing on opportunities in high-value tenders.

Financial Performance Analysis

Vision Vidyut Engineers' financial performance in government tenders shows a developing trend. Here's a year-wise breakdown:

| Year | Bid Count | Win Count | Qualification Rate | Win Rate | Total Contract Value (₹) |