X9 Cyber Security & IT Services Private Limited: Government Tender Performance Analysis

X9 Cyber Security & IT Services Private Limited is rapidly emerging as a key player in India's government tender ecosystem, demonstrating a strong aptitude for securing public sector contracts. This in-depth business analysis examines their tender participation, technical qualification rate, financial performance, and overall procurement strategy.

Executive Summary

X9 Cyber Security & IT Services has achieved a noteworthy 42.9% win rate in government tenders, significantly outperforming industry averages. The company has successfully converted bids into contracts worth ₹35.11 Crores, showcasing its effectiveness in targeting and securing valuable public sector projects. A strong technical qualification rate of 71.4% further underscores their capabilities and adherence to procurement standards. This industry sector analysis provides valuable insights into their current market positioning and potential for future growth within the cyber security and IT services sectors.

1. Financial Performance of X9 Cyber Security & IT Services

Impressive Tender Success Rate

X9 Cyber Security & IT Services demonstrates exceptional government tender performance with an impressive win ratio of 42.9%. Out of 7 tenders, they have secured 3 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. This achievement highlights their ability to consistently offer competitive pricing while meeting the stringent requirements of government tenders.

• Overall Win Rate: 42.9%