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binode tools corporation Tender Performance & Track Recordbinode tools corporation

Tender Performance & Track Record

Company Overview

Summary
Binode Tools Corporation Government Tender Profile With a substantial portfolio of 112 government tender participations, Binode Tools Corporation has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids45
Value₹60.14L

Qualified Bids / Q Rate

Bids24
Q Rate53.3%

Total Wins / Win Value

Win11
Value₹7.37L

Wins Rate / Q-W Rate

Rate24.4%
Q-W Rate45.8%

Detailed Performance Analysis

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Tender Performance by Ministries

5 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

21.2% win rate
33
₹39.30 Lakh
16
7
₹3.38 Lakh

Ministry of Defence

Bids
33
₹39.30 Lakh
Qualified
16
Wins
7
₹3.38 Lakh
21.2% win rate

Ministry of Heavy Industries and Public Enterprises

57.1% win rate
7
₹6.42 Lakh
6
4
₹3.99 Lakh

Ministry of Heavy Industries and Public Enterprises

Bids
7
₹6.42 Lakh
Qualified
6
Wins
4
₹3.99 Lakh
57.1% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
2
₹1.72 Lakh
0
0
₹0

Ministry of Chemicals and Fertilizers

Bids
2
₹1.72 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
2
₹3.60 Lakh
2
0
₹0

Ministry of Mines

Bids
2
₹3.60 Lakh
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Finance

0.0% win rate
1
₹9.10 Lakh
0
0
₹0

Ministry of Finance

Bids
1
₹9.10 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 45 bids — PRECISION TOOLS HUB appeared in 11 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

BINODE TOOLS CORPORATION

Your Company
24.4% win rate
45
₹60.14 Lakh
24
53.3%
11
₹7.37 Lakh

BINODE TOOLS CORPORATION

Your Company
Total Bids
45
₹60.14 Lakh
Qualified
24
53.3%
Wins
11
₹7.37 Lakh
24.4% win rate
PRECISION TOOLS HUB
18.2% win rate
11
₹15.28 Lakh
9
81.8%
2
₹8.53 Lakh
PRECISION TOOLS HUB
Total Bids
11
₹15.28 Lakh
Qualified
9
81.8%
Wins
2
₹8.53 Lakh
18.2% win rate
ROYAL TOOLS
30.0% win rate
10
₹16.11 Lakh
10
100.0%
3
₹5.88 Lakh
ROYAL TOOLS
Total Bids
10
₹16.11 Lakh
Qualified
10
100.0%
Wins
3
₹5.88 Lakh
30.0% win rate
JYOTI TOOLS (INDIA)
33.3% win rate
9
₹14.16 Lakh
9
100.0%
3
₹3.27 Lakh
JYOTI TOOLS (INDIA)
Total Bids
9
₹14.16 Lakh
Qualified
9
100.0%
Wins
3
₹3.27 Lakh
33.3% win rate
BILTZ CUTTING TOOLS COMPANY
6.3% win rate
16
₹18.63 Lakh
7
43.8%
1
₹1.27 Lakh
BILTZ CUTTING TOOLS COMPANY
Total Bids
16
₹18.63 Lakh
Qualified
7
43.8%
Wins
1
₹1.27 Lakh
6.3% win rate
SUNRISE TOOLING SYSTEMS PRIVATE LIMITED
22.2% win rate
9
₹3.62 Lakh
9
100.0%
2
₹92K
SUNRISE TOOLING SYSTEMS PRIVATE LIMITED
Total Bids
9
₹3.62 Lakh
Qualified
9
100.0%
Wins
2
₹92K
22.2% win rate
ULTIMAK MACHINERY TOOL PRIVATE LIMITED
12.5% win rate
8
₹11.14 Lakh
4
50.0%
1
₹90K
ULTIMAK MACHINERY TOOL PRIVATE LIMITED
Total Bids
8
₹11.14 Lakh
Qualified
4
50.0%
Wins
1
₹90K
12.5% win rate
M/S SUPER PRECISION PRODUCTS
4.5% win rate
22
₹20.67 Lakh
19
86.4%
1
₹89K
M/S SUPER PRECISION PRODUCTS
Total Bids
22
₹20.67 Lakh
Qualified
19
86.4%
Wins
1
₹89K
4.5% win rate
UNIVERSAL ENGINEERING & MANUFACTURING INDUSTRY
3.1% win rate
32
₹38.83 Lakh
25
78.1%
1
₹27K
UNIVERSAL ENGINEERING & MANUFACTURING INDUSTRY
Total Bids
32
₹38.83 Lakh
Qualified
25
78.1%
Wins
1
₹27K
3.1% win rate
TRUCUT PRECISION TOOLS PRIVATE LIMITED
0.0% win rate
7
₹10.50 Lakh
7
100.0%
0
₹0
TRUCUT PRECISION TOOLS PRIVATE LIMITED
Total Bids
7
₹10.50 Lakh
Qualified
7
100.0%
Wins
0
₹0
0.0% win rate
M/S A.V.CORPORATION
0.0% win rate
6
₹4.16 Lakh
6
100.0%
0
₹0
M/S A.V.CORPORATION
Total Bids
6
₹4.16 Lakh
Qualified
6
100.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

112

Qualified: 59
Q Rate: 52.7%

Contract Value

₹1.74 Cr

Avg. Bid: ₹48K
Avg. EMD: ₹0

L1 Bids

25

Win Rate: 22.3%
Q to W Ratio: 42.4%

Recent Win Rate

25.0%

Change: -1.7%
Period: FY 2024-25

Performance Analytics

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

Binode Tools Corporation Government Tender Profile

With a substantial portfolio of 112 government tender participations, Binode Tools Corporation has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 25 Contract Wins

Binode Tools Corporation has successfully secured 25 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 22.3% across 112 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Binode Tools Corporation has bid on contracts with a total value of ₹1,74,40,730.0, successfully securing ₹1,74,40,730.0 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, Department Of Heavy Industry, Hindustan Copper Limited, where they have demonstrated specific procurement expertise. They have experience bidding with Advanced Weapons And Equipment India Limited, Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.