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hhv thermal technologies private limited Tender Performance & Track Recordhhv thermal technologies private limited

CIN: U29304KA2022PTC166515
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U29304KA2022PTC166515
Active
Private
Company limited by shares

Company Overview

Summary
HHV Thermal Technologies Private Limited: Business Analysis & Government Tender Performance Hhv Thermal Technologies Private Limited is making significant strides in the government procurement landscape. With a 57.1% win rate and crores in secured contracts, the company demonstrates a strong presence in the manufacturing (machinery & equipment) sector. This report provides a comprehensive business analysis, exploring financial performance, competitive positioning, and strategic recommendations for sustained growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Research & Development
Founded: 2022State: KARNATAKA
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Research & Development
Founded:2022
State:KARNATAKA

Tender Performance

Data for 01 April 2024 to 31 October 2025

Live Data

Total Bids / Contract Value

Bids32
Value₹24.91Cr

Qualified Bids / Q Rate

Bids30
Q Rate93.8%

Total Wins / Win Value

Win13
Value₹7.58Cr

Wins Rate / Q-W Rate

Rate40.6%
Q-W Rate43.3%

Detailed Performance Analysis

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Tender Performance by Ministries

7 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

41.2% win rate
17
₹20.06 Cr
16
7
₹7.08 Cr

Ministry of Defence

Bids
17
₹20.06 Cr
Qualified
16
Wins
7
₹7.08 Cr
41.2% win rate

PMO

60.0% win rate
10
₹3.12 Cr
9
6
₹49.80 Lakh

PMO

Bids
10
₹3.12 Cr
Qualified
9
Wins
6
₹49.80 Lakh
60.0% win rate

Ministry of Education

0.0% win rate
1
₹10.62 Lakh
1
0
₹0

Ministry of Education

Bids
1
₹10.62 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Electronics and Information Technology

0.0% win rate
1
₹21.24 Lakh
1
0
₹0

Ministry of Electronics and Information Technology

Bids
1
₹21.24 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
1
₹18.77 Lakh
1
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
1
₹18.77 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Mines

0.0% win rate
1
₹1.00 Cr
1
0
₹0

Ministry of Mines

Bids
1
₹1.00 Cr
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Science and Technology

0.0% win rate
1
₹22.26 Lakh
1
0
₹0

Ministry of Science and Technology

Bids
1
₹22.26 Lakh
Qualified
1
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 32 bids — KRIVAC - TECHNOLOGIES appeared in 5 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HHV THERMAL TECHNOLOGIES PRIVATE LIMITED

Your Company
40.6% win rate
32
₹24.91 Cr
30
93.8%
13
₹7.58 Cr

HHV THERMAL TECHNOLOGIES PRIVATE LIMITED

Your Company
Total Bids
32
₹24.91 Cr
Qualified
30
93.8%
Wins
13
₹7.58 Cr
40.6% win rate
KRIVAC - TECHNOLOGIES
60.0% win rate
5
₹11.36 Cr
5
100.0%
3
₹5.84 Cr
KRIVAC - TECHNOLOGIES
Total Bids
5
₹11.36 Cr
Qualified
5
100.0%
Wins
3
₹5.84 Cr
60.0% win rate
INDUCTOTHERM (INDIA) PRIVATE LIMITED
33.3% win rate
3
₹3.04 Cr
2
66.7%
1
₹1.07 Cr
INDUCTOTHERM (INDIA) PRIVATE LIMITED
Total Bids
3
₹3.04 Cr
Qualified
2
66.7%
Wins
1
₹1.07 Cr
33.3% win rate
VACUUM TECHNIQUES PRIVATE LIMITED
14.3% win rate
7
₹12.29 Cr
3
42.9%
1
₹21.24 Lakh
VACUUM TECHNIQUES PRIVATE LIMITED
Total Bids
7
₹12.29 Cr
Qualified
3
42.9%
Wins
1
₹21.24 Lakh
14.3% win rate
MANSHA VACUUM EQUIPMENTS PRIVATE LIMITED
33.3% win rate
6
₹1.78 Cr
4
66.7%
2
₹6.28 Lakh
MANSHA VACUUM EQUIPMENTS PRIVATE LIMITED
Total Bids
6
₹1.78 Cr
Qualified
4
66.7%
Wins
2
₹6.28 Lakh
33.3% win rate
THERELEK ENGINEERS PRIVATE LIMITED
0.0% win rate
5
₹10.85 Cr
2
40.0%
0
₹0
THERELEK ENGINEERS PRIVATE LIMITED
Total Bids
5
₹10.85 Cr
Qualified
2
40.0%
Wins
0
₹0
0.0% win rate
LAKSHMI VACUUM TECHNOLOGIES PRIVATE LIMITED
0.0% win rate
5
₹10.23 Cr
5
100.0%
0
₹0
LAKSHMI VACUUM TECHNOLOGIES PRIVATE LIMITED
Total Bids
5
₹10.23 Cr
Qualified
5
100.0%
Wins
0
₹0
0.0% win rate
VACUUM TECHNIQUES AND CONTROLS PRIVATE LIMITED
0.0% win rate
4
₹3.04 Cr
3
75.0%
0
₹0
VACUUM TECHNIQUES AND CONTROLS PRIVATE LIMITED
Total Bids
4
₹3.04 Cr
Qualified
3
75.0%
Wins
0
₹0
0.0% win rate
MANSHA VACUUM TECHNOLOGIES PRIVATE LIMITED
0.0% win rate
3
₹7.91 Cr
0
0.0%
0
₹0
MANSHA VACUUM TECHNOLOGIES PRIVATE LIMITED
Total Bids
3
₹7.91 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
PRECISE VACCUM SYSTEMS PRIVATE LIMITED
0.0% win rate
3
₹3.76 Cr
2
66.7%
0
₹0
PRECISE VACCUM SYSTEMS PRIVATE LIMITED
Total Bids
3
₹3.76 Cr
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
RANVAC TECHNOLOGIES
0.0% win rate
3
₹54.24 Lakh
2
66.7%
0
₹0
RANVAC TECHNOLOGIES
Total Bids
3
₹54.24 Lakh
Qualified
2
66.7%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29304KA2022PTC166515
Class
Private
Status
Active
Founded2022

Financial Details

Authorized Capital₹5.0Cr
Paid-up Capital₹2.6Cr

Registered Office

Site No. 17, Phase-1 Peenya Industrial AreaNA-Bangalore-Karnataka-560058-India


Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29304

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Bangalore
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

44

Qualified: 42
Q Rate: 95.5%

Contract Value

₹33.75 Cr

Avg. Bid: ₹1.01 Cr
Avg. EMD: ₹0

L1 Bids

26

Win Rate: 59.1%
Q to W Ratio: 61.9%

Recent Win Rate

52.9%

Change: -10.0%
Period: FY 2024-25

Performance Analytics

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

HHV Thermal Technologies Private Limited: Business Analysis & Government Tender Performance

Hhv Thermal Technologies Private Limited is making significant strides in the government procurement landscape. With a 57.1% win rate and crores in secured contracts, the company demonstrates a strong presence in the manufacturing (machinery & equipment) sector. This report provides a comprehensive business analysis, exploring financial performance, competitive positioning, and strategic recommendations for sustained growth.

Executive Summary

Hhv Thermal Technologies shows solid performance in securing government tenders. Key highlights include:

  • Impressive Win Rate: A 57.1% success rate in government tenders indicates strong competitiveness.
  • Significant Contract Value: Secured contracts worth ₹28.22 Crores, showcasing effective targeting of valuable public sector projects.
  • Technical Proficiency: A 95.2% technical qualification rate demonstrates compliance and understanding of procurement specifications.

However, recent trends indicate a decline in win rate, highlighting the need for strategic adjustments to maintain market position and optimize business growth strategy.

Financial Performance of HHV Thermal Technologies