cormit elect projects 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 19 bids — TECHNOCORR ENGINEERING PRIVATE LIMITED appeared in 6 of them.
CORMIT ELECT PROJECTS PRIVATE LIMITED
CORMIT ELECT PROJECTS PRIVATE LIMITED
Financial Details
Registered Office
7 A RVG Nagar, KadambadiNA-Nagapattinam-Tamil Nadu-611001-India
Industry Classification
Business 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
59
Contract Value
₹34.30 Cr
L1 Bids
17
Recent Win Rate
0.0%
Performance Analytics
Cormit Elect Projects: Comprehensive Tender Performance Analysis
Executive Summary
Cormit Elect Projects Private Limited has demonstrated a significant presence in the Indian government tender landscape, participating in 59 tenders between FY2018-19 and FY2024-25. Their overall win rate stands at 28.8%, securing 17 L1 bids. The company's technical qualification rate is a strong 71.2%, indicating a solid understanding of tender requirements. However, recent performance in FY2024-25 shows a decline, with a 0.0% win rate. This comprehensive analysis, powered by TenderAI, delves into Cormit Elect's financial performance, competitive positioning, and strategic opportunities within the Indian government procurement sector.
Financial Health Assessment: TenderAI's assessment indicates a "Concerning" financial health score of 42.4/100. While the company showed strong bidding efficiency at 75.3, contract value and growth components were weaker, pulling down the overall score. A key area of concern is the declining win rate trend, dropping 63.6% over the last three years.
Market Positioning: Cormit Elect primarily competes in the EPC projects sector, demonstrating specific procurement expertise with Gail India Limited, Bharat Petroleum Corporation Ltd, and Indian Oil Corporation Limited. Their high-value participation rate of 13.6% suggests a capability to handle significant public sector projects, having engaged in 8 major procurement projects.
Ministry Focus: Cormit Elect's primary focus lies within the Ministry of Petroleum and Natural Gas, where they have participated in a significant number of tenders. Their strong qualification rate of 71.2% showcases an ability to meet diverse government tender requirements within this key sector. They demonstrate a balanced value proposition, offering competitive bids in the government tender ecosystem.