Xought Technologies: Comprehensive Government Tender Analysis

Executive Summary:

Xought Technologies Private Limited has demonstrated a solid presence in the Indian government tender landscape. Between April 2018 and March 2025, they submitted bids for 23 government tenders, achieving a win rate of 26.1%. Their qualification rate stands at 78.3%, indicating a strong understanding of tender requirements. From FY2020-21 to FY2024-25, they secured government contracts worth ₹7,04,19,181.0, reflecting their growing success in the public sector. TenderAI’s financial health assessment gives Xought Technologies a score of 68.0, classifying them as a company with 'Good' financial health. This score is based on components such as win rate (65.2), contract value (40.2), bid efficiency (71.7), growth (100), and consistency (73.8).

Xought Technologies specializes in tenders related to technology solutions and office supplies, primarily focusing on the Ministry of Defence, Department of Military Affairs, Department of Defence Research & Development, and Department of Higher Education. Their regional focus includes Himachal Pradesh, where they have demonstrated a notable presence in government procurement. Despite facing competition from established players like FRUX DIGITAL INC and INICIO TECHNOLOGY INC, Xought Technologies maintains a competitive edge through strategic bidding and strong technical capabilities. This analysis provides a comprehensive overview of Xought Technologies’ tender performance, financial health, and market positioning, offering valuable insights for government procurement officers, industry stakeholders, and potential investors. Key keywords include Xought Technologies Private Limited, government tenders, Ministry of Defence, and tender performance metrics.

Financial Performance Analysis

Xought Technologies has shown a consistent increase in tender participation and contract value over the years. The following table summarizes their yearly performance: