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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 30 October 2025

Live Data

Total Bids / Contract Value

Bids276
Value₹7.96Cr

Qualified Bids / Q Rate

Bids186
Q Rate67.4%

Total Wins / Win Value

Win28
Value₹1.28Cr

Wins Rate / Q-W Rate

Rate10.1%
Q-W Rate15.1%

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

2.5% win rate
120
₹2.22 Cr
78
3
₹10.86 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
120
₹2.22 Cr
Qualified
78
Wins
3
₹10.86 Lakh
2.5% win rate

Ministry of Petroleum and Natural Gas

16.7% win rate
30
₹2.60 Cr
17
5
₹94.25 Lakh

Ministry of Petroleum and Natural Gas

Bids
30
₹2.60 Cr
Qualified
17
Wins
5
₹94.25 Lakh
16.7% win rate

Ministry of Power

3.6% win rate
28
₹85.10 Lakh
23
1
₹12.98 Lakh

Ministry of Power

Bids
28
₹85.10 Lakh
Qualified
23
Wins
1
₹12.98 Lakh
3.6% win rate

Ministry of Defence

33.3% win rate
24
₹1.15 Cr
20
8
₹3.77 Lakh

Ministry of Defence

Bids
24
₹1.15 Cr
Qualified
20
Wins
8
₹3.77 Lakh
33.3% win rate

Ministry of Chemicals and Fertilizers

4.3% win rate
23
₹19.72 Lakh
12
1
₹21K

Ministry of Chemicals and Fertilizers

Bids
23
₹19.72 Lakh
Qualified
12
Wins
1
₹21K
4.3% 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

Department of Space

83.3% win rate
6
₹3.72 Lakh
6
5
₹2.37 Lakh

Department of Space

Bids
6
₹3.72 Lakh
Qualified
6
Wins
5
₹2.37 Lakh
83.3% 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

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 276 bids — DETRIV INSTRUMENTATION AND ELECTRONICS PRIVATE LIMITED appeared in 124 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

ALTOP INDUSTRIES LTD

Your Company
10.1% win rate
276
₹7.96 Cr
186
67.4%
28
₹1.28 Cr

ALTOP INDUSTRIES LTD

Your Company
Total Bids
276
₹7.96 Cr
Qualified
186
67.4%
Wins
28
₹1.28 Cr
10.1% win rate
DETRIV INSTRUMENTATION AND ELECTRONICS PRIVATE LIMITED
39.5% win rate
124
₹3.51 Cr
99
79.8%
49
₹1.01 Cr
DETRIV INSTRUMENTATION AND ELECTRONICS PRIVATE LIMITED
Total Bids
124
₹3.51 Cr
Qualified
99
79.8%
Wins
49
₹1.01 Cr
39.5% win rate
TECHNO INSTRUMENTS
22.6% win rate
102
₹2.92 Cr
90
88.2%
23
₹80.94 Lakh
TECHNO INSTRUMENTS
Total Bids
102
₹2.92 Cr
Qualified
90
88.2%
Wins
23
₹80.94 Lakh
22.6% win rate
TEMPSENS INSTRUMENTS (INDIA) PRIVATE LIMITED
15.1% win rate
139
₹3.97 Cr
119
85.6%
21
₹44.00 Lakh
TEMPSENS INSTRUMENTS (INDIA) PRIVATE LIMITED
Total Bids
139
₹3.97 Cr
Qualified
119
85.6%
Wins
21
₹44.00 Lakh
15.1% win rate
TEMPCO TEMPERATURE MEASUREMENT PRIVATE LIMITED
25.7% win rate
35
₹77.04 Lakh
31
88.6%
9
₹13.51 Lakh
TEMPCO TEMPERATURE MEASUREMENT PRIVATE LIMITED
Total Bids
35
₹77.04 Lakh
Qualified
31
88.6%
Wins
9
₹13.51 Lakh
25.7% win rate
PRECISION MASS PRODUCTS PRIVATE LIMITED
12.9% win rate
31
₹73.36 Lakh
26
83.9%
4
₹8.51 Lakh
PRECISION MASS PRODUCTS PRIVATE LIMITED
Total Bids
31
₹73.36 Lakh
Qualified
26
83.9%
Wins
4
₹8.51 Lakh
12.9% win rate
PROCON ENGINEERS
16.4% win rate
55
₹1.28 Cr
37
67.3%
9
₹7.79 Lakh
PROCON ENGINEERS
Total Bids
55
₹1.28 Cr
Qualified
37
67.3%
Wins
9
₹7.79 Lakh
16.4% win rate
TEMP TECH
3.7% win rate
27
₹63.73 Lakh
18
66.7%
1
₹4.84 Lakh
TEMP TECH
Total Bids
27
₹63.73 Lakh
Qualified
18
66.7%
Wins
1
₹4.84 Lakh
3.7% win rate
ELEIND ENGINEERING PRIVATE LIMITED
7.4% win rate
27
₹97.18 Lakh
22
81.5%
2
₹3.91 Lakh
ELEIND ENGINEERING PRIVATE LIMITED
Total Bids
27
₹97.18 Lakh
Qualified
22
81.5%
Wins
2
₹3.91 Lakh
7.4% win rate
ICONIQ CONTROL PRIVATE LIMITED
3.5% win rate
29
₹48.13 Lakh
18
62.1%
1
₹88K
ICONIQ CONTROL PRIVATE LIMITED
Total Bids
29
₹48.13 Lakh
Qualified
18
62.1%
Wins
1
₹88K
3.5% win rate
EUREKA ENGINEERING ENTERPRISES
2.0% win rate
50
₹1.73 Cr
36
72.0%
1
₹23K
EUREKA ENGINEERING ENTERPRISES
Total Bids
50
₹1.73 Cr
Qualified
36
72.0%
Wins
1
₹23K
2.0% 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.