market xcel data matrix private limited Tender Performance & Track Recordmarket xcel data matrix private limited

Market Xcel Data Matrix: Comprehensive Tender Performance Analysis

Executive Summary

Market Xcel Data Matrix Private Limited demonstrates a strong presence in the Indian government procurement landscape. Analysis of their tender performance from FY 2022-23 to FY 2024-25 reveals a noteworthy win rate of 50.0%, securing 10 L1 positions out of 20 bids. Their qualification rate stands at 65.0%, indicating a solid ability to meet technical requirements. The company's financial health, assessed by TenderAI, is rated as 'Excellent' with a score of 83.0/100, driven by high scores in win rate, contract value, and bid efficiency. However, their score in consistency is significantly low, which can be improved. Market Xcel's participation includes 14 high-value contracts, demonstrating their capacity to handle significant projects. The company's primary focus lies within the Ministry of Health and Family Welfare, where they have established a strong foothold.

This comprehensive analysis provides insights into Market Xcel Data Matrix's strengths, weaknesses, opportunities, and threats (SWOT), along with strategic recommendations to enhance their competitive positioning in the Indian government tender market. The analysis covers financial performance, product/service category performance, geographical and departmental distribution, and a competitive analysis against top rivals.

Financial Performance Analysis

Market Xcel Data Matrix's financial performance shows substantial activity in FY 2022-23, with 17 bids submitted and 10 wins, resulting in a win rate of 58.8%. The total contract value secured in that year was ₹70,63,94,779. In contrast, FY 2023-24 saw a significant drop in activity, with only one bid submitted and no wins. However, FY 2024-25 shows a resurgence with 2 bids.

Year-on-Year Performance Comparison:

| Metric | FY 2022-23 | FY 2023-24 | FY 2024-25 |