and hitech private limited Tender Performance & Track Recordand hitech private limited

And Hitech: Government Tender Performance Analysis

And Hitech Private Limited is emerging in India's government tender ecosystem with initial participation in 3 tenders. This comprehensive analysis examines their early tender engagement, qualification efficiency, and developing procurement strategy.

Executive Summary

And Hitech Private Limited has demonstrated promising early performance in Indian government tenders. From FY2023-24 to FY2024-25, the company achieved a 33.3% win rate, securing 1 L1 position out of 3 bids. Notably, their technical qualification rate stands at an impressive 100.0%, indicating a strong understanding of tender requirements and compliance. Their focus has been primarily on the Department of Heavy Industry, showcasing a specialized approach to procurement within this sector. Despite a small sample size, their financial health assessment by TenderAI reveals a 'Satisfactory' score of 55.0/100, driven by strong win rate and contract value components. As a new entrant, And Hitech is strategically positioning itself in a competitive landscape, requiring focused efforts to capitalize on opportunities and address potential challenges.

Financial Performance Analysis

And Hitech's financial performance in government tenders is still developing. Key observations:

• Yearly Trends: In FY2023-24, the company won 1 tender with a contract value of ₹69,82,221. However, in FY2024-25, despite participating in 2 tenders, the win rate dropped to 0.0% with a total contract value of ₹17,28,100.
• Quarterly Patterns: While specific quarter-wise data is limited due to the recency of their tender participation, future analysis should track performance trends across quarters to identify seasonal patterns.
• Bid Distribution: From April 2023 to March 2024, bid distribution shows participation across different price ranges, with one bid each in the ₹0, ₹20,00,000 and ₹60,00,000 range.