binary systems private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 14 September 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 326 bids — VALUE POINT SYSTEMS PRIVATE LIMITED appeared in 43 of them.
BINARY SYSTEMS PRIVATE LIMITED
BINARY SYSTEMS PRIVATE LIMITED
Financial Details
Registered Office
No.18, IMPERIAL COURT CUNNINGHAM ROADNA-BANGALORE-Karnataka-560052-India
Industry Classification
Community, personal & Social Services
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
2,136
Contract Value
₹754.09 Cr
L1 Bids
412
Recent Win Rate
18.7%
Performance Analytics
Binary Systems Private Limited: Government Tender Performance Analysis
This report provides a comprehensive business analysis of Binary Systems Private Limited, focusing on its performance in government tenders. With 2132 bids submitted, Binary Systems has demonstrated a significant presence in India's public procurement sector. The analysis covers financial performance, competitive positioning, and strategic recommendations to enhance their success rate.
Executive Summary
Binary Systems Private Limited has actively participated in 2132 government tenders, achieving a win rate of 19.3%. They secured 411 L1 positions, demonstrating competitive pricing and effective bid strategies. Their involvement in 23 high-value government contracts underscores their capacity to handle significant public sector projects. The company shows a technical qualification rate of 77.8%, showcasing its compliance with procurement specifications. However, recent trends indicate a need for strategic adjustments to improve overall financial health, currently rated as 'Concerning' with a score of 46.3/100.
Financial Performance of Binary Systems Private Limited
Key Financial Metrics
- Total Contract Value: Binary Systems has secured contracts worth ₹7,53,55,36,727.0 from government tenders.
- Average Bid Amount: The average bid amount is ₹27,54,890.60.
- Average EMD: The company's average Earnest Money Deposit (EMD) is ₹1,07,131.32, indicating their financial capability.