d v g laboratories and consultants private limited Tender Performance & Track Recordd v g laboratories and consultants private limited

D V G Laboratories And Consultants Private Limited: Government Tender Performance Analysis

Executive Summary:

D V G Laboratories And Consultants Private Limited is an emerging player in the Indian government tender landscape. Analysis of their tender performance from FY2018-19 to FY2024-25 reveals key insights. The company boasts a 33.3% win rate across 3 bids, securing 1 L1 position in government tenders. Their qualification rate stands at 100.0%, indicating strong technical competence. From FY2023-24 to FY2024-25 the company secured total contract value of ₹17,29,400. TenderAI's financial health assessment gives D V G Laboratories a score of 41.5/100, categorized as 'Concerning', with room for improvement in contract value and consistency components. D V G Laboratories shows promise in the government procurement sector, particularly in the Ministry of Heavy Industries and Public Enterprises and the Department of Defence Production.

Financial Performance Analysis

From FY2018-19 to FY2022-23, D V G Laboratories had no participation in government tenders. Their activity began in FY2023-24 with 2 bids, achieving a 50% win rate and securing contracts worth ₹10,93,400. In FY2024-25, they submitted one bid with a value of ₹6,36,000, but did not secure the win, reflecting a 41.83% decrease in contract value compared to the previous year.

Table: Year-on-Year Performance