deva drill-tech india 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 6 bids — Company 67f78fc10b239e4139763331 appeared in 2 of them.
DEVA DRILL-TECH INDIA LIMITED
DEVA DRILL-TECH INDIA LIMITED
Financial Details
Registered Office
C 2 MIDCMAHADNA-RAIGAD-Maharashtra-402302-India
Industry Classification
Manufacturing (Metals & Chemicals, and products thereof)
Company Type
Market Information
Transform Your Tender Process
Join thousands of businesses winning more tenders
Smart Alerts
Get AI-powered tender recommendations
Market Intel
Track competitor bidding patterns
Email Reports
Weekly detailed analytics reports
Download Hub
Export tender data in bulk format
Smart Tracking
Never miss important deadlines
& Much More...
Discover all premium features with your trial
"TendersAi transformed our bidding process. We've increased our win rate by 40% and saved countless hours."
Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
71
Contract Value
₹242.24 Cr
L1 Bids
27
Recent Win Rate
33.3%
Performance Analytics
DEVA DRILL-TECH INDIA LIMITED: Government Tender Performance Analysis
DEVA DRILL-TECH INDIA LIMITED is a key player in the Indian government procurement landscape, particularly within the Ministry of Petroleum and Natural Gas. This report provides a comprehensive analysis of their tender performance, financial metrics, and competitive positioning using TenderAI analysis.
Executive Summary
DEVA DRILL-TECH INDIA LIMITED has actively participated in 71 government tenders between FY2018-19 and FY2024-25, achieving a 38.0% win rate. This demonstrates a solid capability in securing government contracts. Their qualification rate stands at 83.1%, indicating a strong ability to meet technical requirements. The company has secured contracts worth ₹242.23 crore during this period.
TenderAI's financial health assessment assigns DEVA DRILL-TECH INDIA LIMITED a score of 79.9, categorized as 'Good'. This is based on components such as win rate (95.1), contract value (100), bid efficiency (83.7), growth (0), and consistency (97.4). The company's market positioning is strong within its industry, particularly in tenders related to the oil and gas sector.
Their primary engagements are with the Ministry of Petroleum and Natural Gas, specifically departments such as NA, Oil India Limited, and Indian Oil Corporation Limited. DEVA DRILL-TECH has proven experience in bidding with Indian Oil Corporation Limited and Oil And Natural Gas Corporation Limited, demonstrating familiarity with diverse organizational procurement requirements. While their overall win rate is robust, there's potential to improve their win rate against specific competitors like SHRADDHA ASSOCIATES (GUJ) PRIVATE LIMITED.
Financial Performance Analysis
DEVA DRILL-TECH INDIA LIMITED's financial performance in government tenders shows a fluctuating yet generally positive trend. The company has bid on contracts with a total value of ₹2,42,23,92,168.0 and has successfully secured ₹242.23 crore in government contract value. This represents a significant conversion rate of bid value to won contracts. The yearly performance is detailed below: