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hico electronics Tender Performance & Track Recordhico electronics

Tender Performance & Track Record

Company Overview

Summary
HICO Electronics: Government Tender Performance Analysis This comprehensive SEO-optimized business analysis report provides an in-depth evaluation of HICO Electronics' performance in the Indian government tender landscape. With 460 government tender participations, HICO Electronics has demonstrated a significant presence in public procurement, securing a 33.9% win rate and 156 L1 positions. This report analyzes their financial performance, competitive positioning, and provides strategic recommendations for future growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids247
Value₹4.74Cr

Qualified Bids / Q Rate

Bids231
Q Rate93.5%

Total Wins / Win Value

Win72
Value₹1.14Cr

Wins Rate / Q-W Rate

Rate29.1%
Q-W Rate31.2%

Detailed Performance Analysis

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Tender Performance by Ministries

3 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

29.0% win rate
245
₹3.87 Cr
229
71
₹1.14 Cr

Ministry of Defence

Bids
245
₹3.87 Cr
Qualified
229
Wins
71
₹1.14 Cr
29.0% win rate

Ministry of Electronics and Information Technology

100.0% win rate
1
₹12K
1
1
₹12K

Ministry of Electronics and Information Technology

Bids
1
₹12K
Qualified
1
Wins
1
₹12K
100.0% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
1
₹87.05 Lakh
1
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
1
₹87.05 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 247 bids — R TECH ENTERPRISES appeared in 133 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HICO ELECTRONICS

Your Company
29.1% win rate
247
₹4.74 Cr
231
93.5%
72
₹1.14 Cr

HICO ELECTRONICS

Your Company
Total Bids
247
₹4.74 Cr
Qualified
231
93.5%
Wins
72
₹1.14 Cr
29.1% win rate
R TECH ENTERPRISES
22.6% win rate
133
₹2.34 Cr
123
92.5%
30
₹42.92 Lakh
R TECH ENTERPRISES
Total Bids
133
₹2.34 Cr
Qualified
123
92.5%
Wins
30
₹42.92 Lakh
22.6% win rate
BHULLAR ENTERPRISES
28.6% win rate
42
₹40.76 Lakh
39
92.9%
12
₹11.02 Lakh
BHULLAR ENTERPRISES
Total Bids
42
₹40.76 Lakh
Qualified
39
92.9%
Wins
12
₹11.02 Lakh
28.6% win rate
AMAN TRADERS
29.2% win rate
24
₹39.21 Lakh
23
95.8%
7
₹10.47 Lakh
AMAN TRADERS
Total Bids
24
₹39.21 Lakh
Qualified
23
95.8%
Wins
7
₹10.47 Lakh
29.2% win rate
STR ELECTRONICS AND ELECTRICALS
37.5% win rate
16
₹45.03 Lakh
15
93.8%
6
₹7.89 Lakh
STR ELECTRONICS AND ELECTRICALS
Total Bids
16
₹45.03 Lakh
Qualified
15
93.8%
Wins
6
₹7.89 Lakh
37.5% win rate
ADOS ELECTRONICS
35.3% win rate
17
₹19.74 Lakh
16
94.1%
6
₹6.33 Lakh
ADOS ELECTRONICS
Total Bids
17
₹19.74 Lakh
Qualified
16
94.1%
Wins
6
₹6.33 Lakh
35.3% win rate
SUBHASH ENTERPRISES
32.1% win rate
28
₹45.79 Lakh
28
100.0%
9
₹5.83 Lakh
SUBHASH ENTERPRISES
Total Bids
28
₹45.79 Lakh
Qualified
28
100.0%
Wins
9
₹5.83 Lakh
32.1% win rate
VANSH ENTERPRISES
15.8% win rate
19
₹25.28 Lakh
13
68.4%
3
₹5.30 Lakh
VANSH ENTERPRISES
Total Bids
19
₹25.28 Lakh
Qualified
13
68.4%
Wins
3
₹5.30 Lakh
15.8% win rate
ANJU ENTERPRIZE COMPANY
3.7% win rate
27
₹45.66 Lakh
25
92.6%
1
₹2.65 Lakh
ANJU ENTERPRIZE COMPANY
Total Bids
27
₹45.66 Lakh
Qualified
25
92.6%
Wins
1
₹2.65 Lakh
3.7% win rate
BHAGWAN DAS AND SONS
11.1% win rate
18
₹16.50 Lakh
10
55.6%
2
₹73K
BHAGWAN DAS AND SONS
Total Bids
18
₹16.50 Lakh
Qualified
10
55.6%
Wins
2
₹73K
11.1% win rate
SHRI K.D.INDUSTRIES
0.0% win rate
17
₹26.64 Lakh
15
88.2%
0
₹0
SHRI K.D.INDUSTRIES
Total Bids
17
₹26.64 Lakh
Qualified
15
88.2%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

460

Qualified: 419
Q Rate: 91.1%

Contract Value

₹5.90 Cr

Avg. Bid: ₹1.36 Lakh
Avg. EMD: ₹82K

L1 Bids

156

Win Rate: 33.9%
Q to W Ratio: 37.2%

Recent Win Rate

27.4%

Change: -16.2%
Period: FY 2024-25

Performance Analytics

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

HICO Electronics: Government Tender Performance Analysis

This comprehensive SEO-optimized business analysis report provides an in-depth evaluation of HICO Electronics' performance in the Indian government tender landscape. With 460 government tender participations, HICO Electronics has demonstrated a significant presence in public procurement, securing a 33.9% win rate and 156 L1 positions. This report analyzes their financial performance, competitive positioning, and provides strategic recommendations for future growth.

Executive Summary

HICO Electronics has achieved a notable 33.9% win rate in government tenders, indicating a strong understanding of the public procurement process. With 156 L1 wins, the company demonstrates competitive pricing and effective bid strategies. Their financial growth is reflected in securing valuable government contracts, contributing to a stable market position in the electronics and defense sectors. This report explores key performance indicators (KPIs), competitive dynamics, and offers actionable insights to enhance HICO Electronics' future tender success. Key keyword combinations such as Hico Electronics financial performance, electronics industry business analysis, and competitive positioning electronics are naturally integrated throughout.

Financial Performance

Contract Value and Conversion

HICO Electronics has bid on contracts totaling ₹5,89,79,866.0, successfully securing the same amount in government contracts. This represents a 100.0% conversion rate of bid value to won contracts, indicating a targeted and effective approach to securing valuable public sector projects. The Hico Electronics financial performance reveals a consistent ability to convert bids into secured contracts.

Earnest Money Deposit (EMD)