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patel heat exchangers private limited Tender Performance & Track Recordpatel heat exchangers private limited

CIN: U29199MP2009PTC022345
Active

Tender Performance & Track Record

Private
Company limited by shares
CIN: U29199MP2009PTC022345
Active
Private
Company limited by shares

Company Overview

Summary
Patel Heat Exchangers: Business Analysis & Strategic Recommendations Patel Heat Exchangers Private Limited demonstrates a solid presence in the Indian government tender landscape. This business analysis provides a comprehensive overview of their financial performance, competitive positioning, and strategic opportunities based on their 16% win rate and ₹57.36 Crores in secured government contracts. This detailed report offers actionable recommendations for sustainable business growth.
Primary Ministry: Ministry of Heavy Industries and Public EnterprisesPrimary Department: Department of Heavy Industry
Founded: 2009State: MADHYA PRADESH
Primary Ministry:
Ministry of Heavy Industries and Public Enterprises
Primary Department:
Department of Heavy Industry
Founded:2009
State:MADHYA PRADESH

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids61
Value₹23.46Cr

Qualified Bids / Q Rate

Bids54
Q Rate88.5%

Total Wins / Win Value

Win9
Value₹1.49Cr

Wins Rate / Q-W Rate

Rate14.8%
Q-W Rate16.7%

Detailed Performance Analysis

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Tender Performance by Ministries

7 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Heavy Industries and Public Enterprises

14.3% win rate
49
₹10.72 Cr
47
7
₹1.13 Cr

Ministry of Heavy Industries and Public Enterprises

Bids
49
₹10.72 Cr
Qualified
47
Wins
7
₹1.13 Cr
14.3% win rate

Ministry of Power

14.3% win rate
7
₹6.39 Cr
4
1
₹6.90 Lakh

Ministry of Power

Bids
7
₹6.39 Cr
Qualified
4
Wins
1
₹6.90 Lakh
14.3% win rate

Ministry of Chemicals and Fertilizers

100.0% win rate
1
₹29.03 Lakh
1
1
₹29.03 Lakh

Ministry of Chemicals and Fertilizers

Bids
1
₹29.03 Lakh
Qualified
1
Wins
1
₹29.03 Lakh
100.0% win rate

Ministry of Mines

0.0% win rate
1
₹3.13 Lakh
0
0
₹0

Ministry of Mines

Bids
1
₹3.13 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

0.0% win rate
1
₹3.15 Lakh
0
0
₹0

Ministry of Petroleum and Natural Gas

Bids
1
₹3.15 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Steel

0.0% win rate
1
₹8.74 Lakh
1
0
₹0

Ministry of Steel

Bids
1
₹8.74 Lakh
Qualified
1
Wins
0
₹0
0.0% win rate

PMO

0.0% win rate
1
₹5.91 Cr
1
0
₹0

PMO

Bids
1
₹5.91 Cr
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 61 bids — S K SALES COMPANY appeared in 7 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PATEL HEAT EXCHANGERS PRIVATE LIMITED

Your Company
14.8% win rate
61
₹23.46 Cr
54
88.5%
9
₹1.49 Cr

PATEL HEAT EXCHANGERS PRIVATE LIMITED

Your Company
Total Bids
61
₹23.46 Cr
Qualified
54
88.5%
Wins
9
₹1.49 Cr
14.8% win rate
S K SALES COMPANY
42.9% win rate
7
₹6.25 Cr
6
85.7%
3
₹5.76 Cr
S K SALES COMPANY
Total Bids
7
₹6.25 Cr
Qualified
6
85.7%
Wins
3
₹5.76 Cr
42.9% win rate
NARBADA ELECTRO ENGINEERING
66.7% win rate
9
₹3.72 Cr
9
100.0%
6
₹2.98 Cr
NARBADA ELECTRO ENGINEERING
Total Bids
9
₹3.72 Cr
Qualified
9
100.0%
Wins
6
₹2.98 Cr
66.7% win rate
NIDHI ENGINEERING INDUSTRIES
23.3% win rate
30
₹7.51 Cr
24
80.0%
7
₹2.37 Cr
NIDHI ENGINEERING INDUSTRIES
Total Bids
30
₹7.51 Cr
Qualified
24
80.0%
Wins
7
₹2.37 Cr
23.3% win rate
SHRAO ENGINEERING WORKS
36.4% win rate
33
₹7.50 Cr
31
93.9%
12
₹1.60 Cr
SHRAO ENGINEERING WORKS
Total Bids
33
₹7.50 Cr
Qualified
31
93.9%
Wins
12
₹1.60 Cr
36.4% win rate
BANSAL LABORATORIES AND EQUIPMENTS PRIVATE LIMITED
26.1% win rate
23
₹4.73 Cr
21
91.3%
6
₹1.36 Cr
BANSAL LABORATORIES AND EQUIPMENTS PRIVATE LIMITED
Total Bids
23
₹4.73 Cr
Qualified
21
91.3%
Wins
6
₹1.36 Cr
26.1% win rate
VIKRAM ENG INEERS
22.2% win rate
9
₹84.03 Lakh
9
100.0%
2
₹15.77 Lakh
VIKRAM ENG INEERS
Total Bids
9
₹84.03 Lakh
Qualified
9
100.0%
Wins
2
₹15.77 Lakh
22.2% win rate
FITWELL CORPORATATION
28.6% win rate
7
₹1.24 Cr
7
100.0%
2
₹10.97 Lakh
FITWELL CORPORATATION
Total Bids
7
₹1.24 Cr
Qualified
7
100.0%
Wins
2
₹10.97 Lakh
28.6% win rate
LAXMI ENGINEERING INDUSTRIES (BHOPAL) PRIVATE LIMITED
7.7% win rate
13
₹2.09 Cr
12
92.3%
1
₹3.16 Lakh
LAXMI ENGINEERING INDUSTRIES (BHOPAL) PRIVATE LIMITED
Total Bids
13
₹2.09 Cr
Qualified
12
92.3%
Wins
1
₹3.16 Lakh
7.7% win rate
MEHTA INDUSTRIES
8.3% win rate
12
₹3.23 Cr
12
100.0%
1
₹2.73 Lakh
MEHTA INDUSTRIES
Total Bids
12
₹3.23 Cr
Qualified
12
100.0%
Wins
1
₹2.73 Lakh
8.3% win rate
NEW BHARAT ENGINEERING WORKS
0.0% win rate
6
₹71.46 Lakh
4
66.7%
0
₹0
NEW BHARAT ENGINEERING WORKS
Total Bids
6
₹71.46 Lakh
Qualified
4
66.7%
Wins
0
₹0
0.0% win rate
Company Profile
CINU29199MP2009PTC022345
Class
Private
Status
Active
Founded2009

Financial Details

Authorized Capital₹10.0L
Paid-up Capital₹10.0L

Registered Office

PLOT NO. 102 A/1, INDUSTRIAL AREA GOVINDPURANA-BHOPAL-Madhya Pradesh-462023-India


Industry Classification

Manufacturing (Machinery & Equipments)

NIC Code29199

Company Type

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

Market Information

Listing Status
Unlisted
ROCROC Gwalior
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

163

Qualified: 126
Q Rate: 77.3%

Contract Value

₹57.36 Cr

Avg. Bid: ₹17.37 Lakh
Avg. EMD: ₹3.65 Lakh

L1 Bids

26

Win Rate: 16.0%
Q to W Ratio: 20.6%

Recent Win Rate

12.8%

Change: +0.1%
Period: FY 2024-25

Performance Analytics

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

Patel Heat Exchangers: Business Analysis & Strategic Recommendations

Patel Heat Exchangers Private Limited demonstrates a solid presence in the Indian government tender landscape. This business analysis provides a comprehensive overview of their financial performance, competitive positioning, and strategic opportunities based on their 16% win rate and ₹57.36 Crores in secured government contracts. This detailed report offers actionable recommendations for sustainable business growth.

Executive Summary

Patel Heat Exchangers Private Limited has actively participated in 163 government tenders, achieving a 16.0% win rate. The company has secured 26 L1 bids, indicating a competitive pricing strategy. Their total secured government contract value is ₹57,36,06,213.0. While showing strength in technical qualifications with a 77.3% qualification rate, areas for improvement exist to enhance their competitive positioning and increase win rates. The financial health score is satisfactory with a 53.0/100

Financial Performance of Patel Heat Exchangers

This section analyzes the financial performance of Patel Heat Exchangers in the context of government tenders. We evaluate key metrics like total contract value, win rates, and financial trends to provide a clear picture of their financial health.

Key Financial Metrics

  • Total Contract Value: Patel Heat Exchangers has secured government contracts worth ₹57,36,06,213.0. This indicates their success in converting bids into won contracts.