microart systems (india) private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 30 October 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 122 bids — MASCOM ELECTRONICS PRIVATE LIMITED appeared in 28 of them.
MICROART SYSTEMS (INDIA) PRIVATE LIMITED
MICROART SYSTEMS (INDIA) PRIVATE LIMITED
Financial Details
Registered Office
1002, Ruby Crescent Business Boulevard, Ch. Ashok Road, Kandivali (E)NA-Mumbai-Maharashtra-400101-India
Industry Classification
Business Services
Company Type
Market Information
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
483
Contract Value
₹129.67 Cr
L1 Bids
76
Recent Win Rate
9.6%
Performance Analytics
Microart Systems India: Comprehensive Government Tender Analysis
Microart Systems India Private Limited has actively participated in the Indian government procurement landscape with 480 tender participations. This report provides an in-depth analysis of their bidding performance, success patterns, and competitive positioning. Key performance metrics, financial health assessment, and strategic recommendations are highlighted to offer actionable insights for stakeholders.
Executive Summary: From FY 2018-19 to FY 2024-25, Microart Systems India participated in 480 government tenders, achieving a 15.8% win rate. Their qualification rate stands at 71.5%, indicating strong compliance with technical requirements. Although they have secured 76 L1 positions, their financial health score is rated as 'Concerning' at 45.5/100 based on TenderAI's assessment, considering factors such as win rate, contract value, and growth. Microart Systems India demonstrates a regional presence in Maharashtra and engages primarily with the Department of Financial Services and the Department of Atomic Energy.
Financial Performance Analysis
Microart Systems India's financial performance in government tenders shows fluctuations over the years. The company has bid on contracts with a total value of ₹1,24,51,09,699, securing ₹1,24,51,09,699 in contract value, indicating 100% conversion of bid value to won contracts. Here's a year-wise breakdown:
| Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value |
|---|---|---|---|---|
| FY 2018-19 | 18 | 3 | 16.7% | ₹53,49,332 |
| FY 2019-20 | 94 | 18 | 19.2% | ₹3,92,84,366 |
| FY 2020-21 | 39 | 3 | 7.7% | ₹80,88,577 |