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hitech equipments pvt ltd Tender Performance & Track Recordhitech equipments pvt ltd

CIN: U28932WB1988PTC043639
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U28932WB1988PTC043639
Active
Private
Company limited by shares

Company Overview

Summary
Hitech Equipments Pvt Ltd: Business Analysis & Strategic Insights Hitech Equipments Pvt Ltd stands as a notable participant in the public sector procurement landscape, actively engaging in 42 government tenders. This business analysis report provides a comprehensive overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations.
Primary Ministry: Ministry of PowerPrimary Department: Steel Authority of India Limited
Founded: 1988State: WEST BENGAL
Primary Ministry:
Ministry of Power
Primary Department:
Steel Authority of India Limited
Founded:1988
State:WEST BENGAL

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids31
Value₹8.09Cr

Qualified Bids / Q Rate

Bids26
Q Rate83.9%

Total Wins / Win Value

Win13
Value₹97.24L

Wins Rate / Q-W Rate

Rate41.9%
Q-W Rate50.0%

Detailed Performance Analysis

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Tender Performance by Ministries

6 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Power

43.8% win rate
16
₹6.97 Cr
15
7
₹80.42 Lakh

Ministry of Power

Bids
16
₹6.97 Cr
Qualified
15
Wins
7
₹80.42 Lakh
43.8% win rate

Ministry of Steel

50.0% win rate
8
₹25.87 Lakh
7
4
₹8.36 Lakh

Ministry of Steel

Bids
8
₹25.87 Lakh
Qualified
7
Wins
4
₹8.36 Lakh
50.0% win rate

Ministry of Chemicals and Fertilizers

0.0% win rate
2
₹29.62 Lakh
1
0
₹0

Ministry of Chemicals and Fertilizers

Bids
2
₹29.62 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Mines

50.0% win rate
2
₹9.01 Lakh
1
1
₹2.37 Lakh

Ministry of Mines

Bids
2
₹9.01 Lakh
Qualified
1
Wins
1
₹2.37 Lakh
50.0% win rate

Ministry of Ports, Shipping and Waterways

50.0% win rate
2
₹38.58 Lakh
1
1
₹6.08 Lakh

Ministry of Ports, Shipping and Waterways

Bids
2
₹38.58 Lakh
Qualified
1
Wins
1
₹6.08 Lakh
50.0% win rate

Ministry of Coal

0.0% win rate
1
₹8.54 Lakh
1
0
₹0

Ministry of Coal

Bids
1
₹8.54 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 31 bids — JAIMATADI MACHINERY PRIVATE LIMITED appeared in 11 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HITECH EQUIPMENTS PVT LTD

Your Company
41.9% win rate
31
₹8.09 Cr
26
83.9%
13
₹97.24 Lakh

HITECH EQUIPMENTS PVT LTD

Your Company
Total Bids
31
₹8.09 Cr
Qualified
26
83.9%
Wins
13
₹97.24 Lakh
41.9% win rate
JAIMATADI MACHINERY PRIVATE LIMITED
27.3% win rate
11
₹1.54 Cr
10
90.9%
3
₹42.34 Lakh
JAIMATADI MACHINERY PRIVATE LIMITED
Total Bids
11
₹1.54 Cr
Qualified
10
90.9%
Wins
3
₹42.34 Lakh
27.3% win rate
NANDY ENGINEERING CONCERN
40.0% win rate
5
₹56.95 Lakh
5
100.0%
2
₹39.13 Lakh
NANDY ENGINEERING CONCERN
Total Bids
5
₹56.95 Lakh
Qualified
5
100.0%
Wins
2
₹39.13 Lakh
40.0% win rate
T N S HEAVY ENGINEERING PRIVATE LIMITED
7.7% win rate
13
₹1.46 Cr
11
84.6%
1
₹14.14 Lakh
T N S HEAVY ENGINEERING PRIVATE LIMITED
Total Bids
13
₹1.46 Cr
Qualified
11
84.6%
Wins
1
₹14.14 Lakh
7.7% win rate
KALYANI ALLOY CASTINGS LTD
25.0% win rate
4
₹2.98 Cr
4
100.0%
1
₹6.86 Lakh
KALYANI ALLOY CASTINGS LTD
Total Bids
4
₹2.98 Cr
Qualified
4
100.0%
Wins
1
₹6.86 Lakh
25.0% win rate
SHYAM ENGINEERING CO
20.0% win rate
5
₹19.37 Lakh
3
60.0%
1
₹2.20 Lakh
SHYAM ENGINEERING CO
Total Bids
5
₹19.37 Lakh
Qualified
3
60.0%
Wins
1
₹2.20 Lakh
20.0% win rate
KALI BMH SYSTEMS PRIVATE LIMITED
0.0% win rate
8
₹1.79 Cr
8
100.0%
0
₹0
KALI BMH SYSTEMS PRIVATE LIMITED
Total Bids
8
₹1.79 Cr
Qualified
8
100.0%
Wins
0
₹0
0.0% win rate
BLACK DIAMOND EQUIPMENTS PRIVATE LIMITED
0.0% win rate
4
₹35.35 Lakh
4
100.0%
0
₹0
BLACK DIAMOND EQUIPMENTS PRIVATE LIMITED
Total Bids
4
₹35.35 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
NATIONAL ENGINEERING WORKS
0.0% win rate
4
₹9.98 Lakh
4
100.0%
0
₹0
NATIONAL ENGINEERING WORKS
Total Bids
4
₹9.98 Lakh
Qualified
4
100.0%
Wins
0
₹0
0.0% win rate
A D ELECTRO STEEL CO PVT LTD
0.0% win rate
4
₹43.07 Lakh
1
25.0%
0
₹0
A D ELECTRO STEEL CO PVT LTD
Total Bids
4
₹43.07 Lakh
Qualified
1
25.0%
Wins
0
₹0
0.0% win rate
J.B. INDUSTRIES
0.0% win rate
4
₹3.72 Cr
0
0.0%
0
₹0
J.B. INDUSTRIES
Total Bids
4
₹3.72 Cr
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
Company Profile
CINU28932WB1988PTC043639
Class
Private
Status
Active
Founded1988

Financial Details

Authorized Capital₹50.0L
Paid-up Capital₹19.4L

Registered Office

PLOT NO. 62,ULUBERIA INDUSTRIAL GROWTH CENTRENA-HOWRAH-West Bengal-711316-India


Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code28932

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Kolkata
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

43

Qualified: 32
Q Rate: 74.4%

Contract Value

₹12.93 Cr

Avg. Bid: ₹20.10 Lakh
Avg. EMD: ₹5.00 Lakh

L1 Bids

14

Win Rate: 32.6%
Q to W Ratio: 43.8%

Recent Win Rate

36.8%

Change: +5.6%
Period: FY 2024-25

Performance Analytics

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

Hitech Equipments Pvt Ltd: Business Analysis & Strategic Insights

Hitech Equipments Pvt Ltd stands as a notable participant in the public sector procurement landscape, actively engaging in 42 government tenders. This business analysis report provides a comprehensive overview of their tender performance, financial metrics, competitive positioning, and strategic recommendations.

Executive Summary

Hitech Equipments demonstrates a solid presence in the government tender market, achieving a 31.0% overall win rate across 42 tender participations. The company has successfully secured 13 L1 positions, highlighting their competitive bid strategy. Their financial performance reveals a conversion of ₹12,92,30,083.0 in bid value to won contracts, demonstrating their effectiveness in securing valuable public sector projects. Although their financial health is rated as 'Good' with a score of 69.4/100, targeted strategies can further optimize their performance and market positioning within the industrial sector.

Financial Performance of Hitech Equipments

Key Financial Metrics

  • Total Contract Value: Hitech Equipments has secured contracts with a total value of ₹12,92,30,083.0.
  • Average Bid Amount: The average bid amount is ₹21,57,344.48, reflecting the scale of projects pursued.
  • Average EMD: The average Earnest Money Deposit (EMD) of ₹5,00,000.0 underscores their financial capability to handle significant tenders.