devankit power 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 33 bids — MILLENNIUM AERO DYNAMICS PRIVATE LIMITED appeared in 3 of them.
DEVANKIT POWER SYSTEMS PRIVATE LIMITED
DEVANKIT POWER SYSTEMS PRIVATE LIMITED
Financial Details
Registered Office
VILLAGE BADDA MAHARANANA-PANIPAT-Haryana-132103-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
₹86.81 Lakh
L1 Bids
34
Recent Win Rate
40.9%
Performance Analytics
Devankit Power Systems Private Limited: Comprehensive Tender Performance Analysis
Executive Summary
Devankit Power Systems Private Limited has demonstrated strong performance in Indian government tenders, particularly within the Ministry of Defence and the Department of Military Affairs. Between FY2021-22 and FY2024-25, the company participated in 58 tenders, achieving an impressive win rate of 58.6%. This includes securing 34 L1 positions, highlighting their competitive pricing strategy and effective bid management. Their technical qualification rate stands at 98.3%, demonstrating a solid understanding of government tender requirements.
TenderAI's financial health assessment indicates a score of 69.4/100, categorized as 'Good'. While their win rate component scores high (100/100), there is room for improvement in contract value and growth components.
Devankit Power Systems has a focused market position, primarily engaging in tenders related to power systems and related components for the defense sector. Their geographical footprint is concentrated in Delhi, indicating a regional specialization strategy.
This report provides a detailed analysis of Devankit Power Systems' tender performance, competitive positioning, and strategic recommendations for future growth in the Indian government procurement landscape.