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hittco tools limited Tender Performance & Track Recordhittco tools limited

CIN: L28939KA1995PLC016888
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: L28939KA1995PLC016888
Active
Public
Company limited by shares

Company Overview

Summary
HITTCO TOOLS LIMITED Business Analysis: Navigating Government Tenders HITTCO TOOLS LIMITED, a listed public company specializing in the manufacturing of metals and chemicals products, faces a complex landscape in government procurement. With a strong participation record of 421 government tender participations, this analysis delves into HITTCO TOOLS LIMITED's bidding performance, competitive positioning, and strategic recommendations to enhance their market presence.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 1995State: KARNATAKA
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:1995
State:KARNATAKA

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids49
Value₹56.85L

Qualified Bids / Q Rate

Bids33
Q Rate67.3%

Total Wins / Win Value

Win2
Value₹1.66L

Wins Rate / Q-W Rate

Rate4.1%
Q-W Rate6.1%

Detailed Performance Analysis

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Tender Performance by Ministries

2 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

4.3% win rate
47
₹52.87 Lakh
33
2
₹1.66 Lakh

Ministry of Defence

Bids
47
₹52.87 Lakh
Qualified
33
Wins
2
₹1.66 Lakh
4.3% win rate

Ministry of Heavy Industries and Public Enterprises

0.0% win rate
2
₹3.98 Lakh
0
0
₹0

Ministry of Heavy Industries and Public Enterprises

Bids
2
₹3.98 Lakh
Qualified
0
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 49 bids — BILTZ CUTTING TOOLS COMPANY appeared in 46 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

HITTCO TOOLS LIMITED

Your Company
4.1% win rate
49
₹56.85 Lakh
33
67.3%
2
₹1.66 Lakh

HITTCO TOOLS LIMITED

Your Company
Total Bids
49
₹56.85 Lakh
Qualified
33
67.3%
Wins
2
₹1.66 Lakh
4.1% win rate
BILTZ CUTTING TOOLS COMPANY
10.9% win rate
46
₹53.49 Lakh
40
87.0%
5
₹5.21 Lakh
BILTZ CUTTING TOOLS COMPANY
Total Bids
46
₹53.49 Lakh
Qualified
40
87.0%
Wins
5
₹5.21 Lakh
10.9% win rate
M/S SUPER PRECISION PRODUCTS
8.3% win rate
36
₹42.44 Lakh
32
88.9%
3
₹3.01 Lakh
M/S SUPER PRECISION PRODUCTS
Total Bids
36
₹42.44 Lakh
Qualified
32
88.9%
Wins
3
₹3.01 Lakh
8.3% win rate
HIXXA INTERNATIONAL TRADING PRIVATE LIMITED
31.3% win rate
16
₹12.12 Lakh
14
87.5%
5
₹2.60 Lakh
HIXXA INTERNATIONAL TRADING PRIVATE LIMITED
Total Bids
16
₹12.12 Lakh
Qualified
14
87.5%
Wins
5
₹2.60 Lakh
31.3% win rate
TRUCUT PRECISION TOOLS PRIVATE LIMITED
16.7% win rate
24
₹24.60 Lakh
22
91.7%
4
₹2.53 Lakh
TRUCUT PRECISION TOOLS PRIVATE LIMITED
Total Bids
24
₹24.60 Lakh
Qualified
22
91.7%
Wins
4
₹2.53 Lakh
16.7% win rate
CARMET TOOLS AND INSERTS
4.5% win rate
22
₹22.25 Lakh
18
81.8%
1
₹55K
CARMET TOOLS AND INSERTS
Total Bids
22
₹22.25 Lakh
Qualified
18
81.8%
Wins
1
₹55K
4.5% win rate
UNIVERSAL ENGINEERING & MANUFACTURING INDUSTRY
0.0% win rate
36
₹42.88 Lakh
30
83.3%
0
₹0
UNIVERSAL ENGINEERING & MANUFACTURING INDUSTRY
Total Bids
36
₹42.88 Lakh
Qualified
30
83.3%
Wins
0
₹0
0.0% win rate
ROYAL TOOLS
0.0% win rate
30
₹31.84 Lakh
29
96.7%
0
₹0
ROYAL TOOLS
Total Bids
30
₹31.84 Lakh
Qualified
29
96.7%
Wins
0
₹0
0.0% win rate
SHINING TOOLS LIMITED
0.0% win rate
29
₹34.28 Lakh
28
96.5%
0
₹0
SHINING TOOLS LIMITED
Total Bids
29
₹34.28 Lakh
Qualified
28
96.5%
Wins
0
₹0
0.0% win rate
M/S A.V.CORPORATION
0.0% win rate
24
₹28.97 Lakh
21
87.5%
0
₹0
M/S A.V.CORPORATION
Total Bids
24
₹28.97 Lakh
Qualified
21
87.5%
Wins
0
₹0
0.0% win rate
ROYAL TOOLS SOLUTIONS
0.0% win rate
17
₹18.40 Lakh
15
88.2%
0
₹0
ROYAL TOOLS SOLUTIONS
Total Bids
17
₹18.40 Lakh
Qualified
15
88.2%
Wins
0
₹0
0.0% win rate
Company Profile
CINL28939KA1995PLC016888
Class
Public
Status
Active
Founded1995

Financial Details

Authorized Capital₹7.0Cr
Paid-up Capital₹6.0Cr

Registered Office

78, III PhasePeenya Industrial AreaPeenya Small Industries-Bangalore North-Karnataka-560058-India

Industry Classification

Manufacturing (Metals & Chemicals, and products thereof)

NIC Code28939

Company Type

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

Market Information

Listing Status
Listed
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

421

Qualified: 165
Q Rate: 39.2%

Contract Value

₹9.18 Cr

Avg. Bid: ₹2.56 Lakh
Avg. EMD: ₹0

L1 Bids

42

Win Rate: 10.0%
Q to W Ratio: 25.5%

Recent Win Rate

2.5%

Change: -2.8%
Period: FY 2024-25

Performance Analytics

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

HITTCO TOOLS LIMITED Business Analysis: Navigating Government Tenders

HITTCO TOOLS LIMITED, a listed public company specializing in the manufacturing of metals and chemicals products, faces a complex landscape in government procurement. With a strong participation record of 421 government tender participations, this analysis delves into HITTCO TOOLS LIMITED's bidding performance, competitive positioning, and strategic recommendations to enhance their market presence.

Executive Summary

HITTCO TOOLS LIMITED's engagement in the Indian government tender ecosystem reveals a mixed performance. While they have secured 42 L1 positions with a 10.0% win rate, recent trends indicate a challenging financial performance with a 2.5% win rate in the latest financial period. The company's overall financial health is rated as 'Critical' with a score of 24.5/100, signaling the need for strategic adjustments. This comprehensive business analysis explores key areas, providing actionable recommendations for sustainable business growth strategy within the Indian manufacturing sector.

Financial Performance of HITTCO TOOLS LIMITED

Government Tender Financial Metrics

  • Total Contract Value: ₹9,17,56,481.0 secured from government tenders.
  • Average Bid Amount: ₹256,036.44.
  • Win Rate: 10.0% across 421 tender participations.