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altop industries ltd Tender Performance & Track Recordaltop industries ltd

CIN: U91110GJ1993PLC018831
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: U91110GJ1993PLC018831
Active
Public
Company limited by shares

Company Overview

Summary
ALTOP INDUSTRIES LTD: Business Analysis & Strategic Recommendations ALTOP INDUSTRIES LTD demonstrates a strategic presence in India's government tender landscape, marked by 729 tender participations and a 10.7% win rate. This comprehensive business analysis delves into their financial performance, competitive standing, and provides actionable strategic recommendations for enhanced growth.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 1993State: GUJARAT
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:1993
State:GUJARAT

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids258
Value₹7.77Cr

Qualified Bids / Q Rate

Bids171
Q Rate66.3%

Total Wins / Win Value

Win27
Value₹1.28Cr

Wins Rate / Q-W Rate

Rate10.5%
Q-W Rate15.8%

Detailed Performance Analysis

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Tender Performance by Ministries

16 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

2.7% win rate
110
₹2.16 Cr
70
3
₹10.86 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
110
₹2.16 Cr
Qualified
70
Wins
3
₹10.86 Lakh
2.7% win rate

Ministry of Petroleum and Natural Gas

17.2% win rate
29
₹2.59 Cr
16
5
₹94.25 Lakh

Ministry of Petroleum and Natural Gas

Bids
29
₹2.59 Cr
Qualified
16
Wins
5
₹94.25 Lakh
17.2% win rate

Ministry of Power

4.0% win rate
25
₹74.05 Lakh
20
1
₹12.98 Lakh

Ministry of Power

Bids
25
₹74.05 Lakh
Qualified
20
Wins
1
₹12.98 Lakh
4.0% win rate

Ministry of Defence

34.8% win rate
23
₹1.14 Cr
19
8
₹3.77 Lakh

Ministry of Defence

Bids
23
₹1.14 Cr
Qualified
19
Wins
8
₹3.77 Lakh
34.8% win rate

Ministry of Chemicals and Fertilizers

4.8% win rate
21
₹19.43 Lakh
11
1
₹21K

Ministry of Chemicals and Fertilizers

Bids
21
₹19.43 Lakh
Qualified
11
Wins
1
₹21K
4.8% win rate

PMO

23.8% win rate
21
₹24.25 Lakh
17
5
₹3.42 Lakh

PMO

Bids
21
₹24.25 Lakh
Qualified
17
Wins
5
₹3.42 Lakh
23.8% win rate

Ministry of Steel

0.0% win rate
6
₹20.29 Lakh
3
0
₹0

Ministry of Steel

Bids
6
₹20.29 Lakh
Qualified
3
Wins
0
₹0
0.0% win rate

Department of Space

80.0% win rate
5
₹3.44 Lakh
5
4
₹2.10 Lakh

Department of Space

Bids
5
₹3.44 Lakh
Qualified
5
Wins
4
₹2.10 Lakh
80.0% win rate

Ministry of Coal

0.0% win rate
5
₹21.80 Lakh
5
0
₹0

Ministry of Coal

Bids
5
₹21.80 Lakh
Qualified
5
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
4
₹9.22 Lakh
3
0
₹0

Ministry of Mines

Bids
4
₹9.22 Lakh
Qualified
3
Wins
0
₹0
0.0% win rate

Ministry of Railways

0.0% win rate
2
₹21K
0
0
₹0

Ministry of Railways

Bids
2
₹21K
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Civil Aviation

0.0% win rate
1
₹25K
0
0
₹0

Ministry of Civil Aviation

Bids
1
₹25K
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Earth Sciences

0.0% win rate
1
₹47K
0
0
₹0

Ministry of Earth Sciences

Bids
1
₹47K
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Education

0.0% win rate
1
₹16K
1
0
₹0

Ministry of Education

Bids
1
₹16K
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Health and Family Welfare

0.0% win rate
1
₹13K
0
0
₹0

Ministry of Health and Family Welfare

Bids
1
₹13K
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Housing & Urban Affairs (MoHUA)

0.0% win rate
1
₹11.04 Lakh
0
0
₹0

Ministry of Housing & Urban Affairs (MoHUA)

Bids
1
₹11.04 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 258 bids — DETRIV INSTRUMENTATION AND ELECTRONICS PRIVATE LIMITED appeared in 116 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

ALTOP INDUSTRIES LTD

Your Company
10.5% win rate
258
₹7.77 Cr
171
66.3%
27
₹1.28 Cr

ALTOP INDUSTRIES LTD

Your Company
Total Bids
258
₹7.77 Cr
Qualified
171
66.3%
Wins
27
₹1.28 Cr
10.5% win rate
DETRIV INSTRUMENTATION AND ELECTRONICS PRIVATE LIMITED
40.5% win rate
116
₹3.38 Cr
92
79.3%
47
₹1.01 Cr
DETRIV INSTRUMENTATION AND ELECTRONICS PRIVATE LIMITED
Total Bids
116
₹3.38 Cr
Qualified
92
79.3%
Wins
47
₹1.01 Cr
40.5% win rate
TECHNO INSTRUMENTS
24.5% win rate
94
₹2.79 Cr
83
88.3%
23
₹80.94 Lakh
TECHNO INSTRUMENTS
Total Bids
94
₹2.79 Cr
Qualified
83
88.3%
Wins
23
₹80.94 Lakh
24.5% win rate
TEMPSENS INSTRUMENTS (INDIA) PRIVATE LIMITED
15.4% win rate
136
₹3.88 Cr
116
85.3%
21
₹44.00 Lakh
TEMPSENS INSTRUMENTS (INDIA) PRIVATE LIMITED
Total Bids
136
₹3.88 Cr
Qualified
116
85.3%
Wins
21
₹44.00 Lakh
15.4% win rate
TEMPCO TEMPERATURE MEASUREMENT PRIVATE LIMITED
24.2% win rate
33
₹76.47 Lakh
29
87.9%
8
₹13.35 Lakh
TEMPCO TEMPERATURE MEASUREMENT PRIVATE LIMITED
Total Bids
33
₹76.47 Lakh
Qualified
29
87.9%
Wins
8
₹13.35 Lakh
24.2% win rate
PRECISION MASS PRODUCTS PRIVATE LIMITED
13.3% win rate
30
₹73.24 Lakh
25
83.3%
4
₹8.51 Lakh
PRECISION MASS PRODUCTS PRIVATE LIMITED
Total Bids
30
₹73.24 Lakh
Qualified
25
83.3%
Wins
4
₹8.51 Lakh
13.3% win rate
PROCON ENGINEERS
18.0% win rate
50
₹1.18 Cr
35
70.0%
9
₹7.79 Lakh
PROCON ENGINEERS
Total Bids
50
₹1.18 Cr
Qualified
35
70.0%
Wins
9
₹7.79 Lakh
18.0% win rate
TEMP TECH
4.0% win rate
25
₹63.47 Lakh
17
68.0%
1
₹4.84 Lakh
TEMP TECH
Total Bids
25
₹63.47 Lakh
Qualified
17
68.0%
Wins
1
₹4.84 Lakh
4.0% win rate
ELEIND ENGINEERING PRIVATE LIMITED
8.3% win rate
24
₹87.50 Lakh
19
79.2%
2
₹3.91 Lakh
ELEIND ENGINEERING PRIVATE LIMITED
Total Bids
24
₹87.50 Lakh
Qualified
19
79.2%
Wins
2
₹3.91 Lakh
8.3% win rate
EUREKA ENGINEERING ENTERPRISES
2.2% win rate
46
₹1.63 Cr
34
73.9%
1
₹23K
EUREKA ENGINEERING ENTERPRISES
Total Bids
46
₹1.63 Cr
Qualified
34
73.9%
Wins
1
₹23K
2.2% win rate
ICONIQ CONTROL PRIVATE LIMITED
0.0% win rate
25
₹37.84 Lakh
15
60.0%
0
₹0
ICONIQ CONTROL PRIVATE LIMITED
Total Bids
25
₹37.84 Lakh
Qualified
15
60.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU91110GJ1993PLC018831
Class
Public
Status
Active
Founded1993

Financial Details

Authorized Capital₹1.0Cr
Paid-up Capital₹63.4L

Registered Office

392,G I D C, MAKARPURA,NA-VADODARA-Gujarat-390010-India


Industry Classification

Community, personal & Social Services

NIC Code91110

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Ahmedabad
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

733

Qualified: 476
Q Rate: 64.9%

Contract Value

₹30.98 Cr

Avg. Bid: ₹9.53 Lakh
Avg. EMD: ₹0

L1 Bids

78

Win Rate: 10.6%
Q to W Ratio: 16.4%

Recent Win Rate

12.3%

Change: +0.6%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

ALTOP INDUSTRIES LTD: Business Analysis & Strategic Recommendations

ALTOP INDUSTRIES LTD demonstrates a strategic presence in India's government tender landscape, marked by 729 tender participations and a 10.7% win rate. This comprehensive business analysis delves into their financial performance, competitive standing, and provides actionable strategic recommendations for enhanced growth.

Executive Summary

ALTOP INDUSTRIES LTD has shown resilience in the competitive arena of government tenders. With a 10.7% win rate across 729 bids, the company has successfully converted opportunities into tangible contracts. Their financial performance reflects a strong focus on securing valuable public sector projects, converting a bid value of ₹30,96,13,696.0 into secured government contract value. While their competitive positioning indicates areas for improvement, their strategic focus on specific regions and departments highlights their specialization. Key performance indicators (KPIs) indicate a need for enhanced bid efficiency and targeted improvements in technical compliance.

Financial Performance of ALTOP INDUSTRIES LTD

The financial performance of ALTOP INDUSTRIES LTD in the government tender sector showcases a mixed landscape. Although the company demonstrates a 10.7% overall win rate, a deeper analysis reveals specific strengths and areas needing improvement. This financial performance section evaluates their bidding history, contract values, and overall financial health to provide a comprehensive understanding of their economic standing.

Key Financial Metrics:

  • Total Contract Value: ALTOP INDUSTRIES LTD has secured contracts with a total value of ₹30,96,13,696.0. This substantial value demonstrates their capacity to win significant public sector projects.