bhagyalakshmi industrial corporation Tender Performance & Track Recordbhagyalakshmi industrial corporation

Government Tender Analysis: Bhagyalakshmi Industrial Corporation

Bhagyalakshmi Industrial Corporation has submitted bids for 23 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.

Superior Tender Success Rate of 69.6%

Bhagyalakshmi Industrial Corporation demonstrates exceptional government tender performance with an impressive win ratio of 69.6%. Out of 23 tenders, they have secured 16 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.

Financial Performance in Government Tenders

Bhagyalakshmi Industrial Corporation has bid on contracts with a total value of ₹1,90,07,330.0, successfully securing ₹1,90,07,330.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

Their tender history includes significant engagement with Department Of Defence Production, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Earth Movers Limited (Beml), showing familiarity with diverse organizational procurement requirements.