pragati engineering Tender Performance & Track Recordpragati engineering

Pragati Engineering: Government Tender Profile Analysis

Pragati Engineering has established a significant presence in the Indian government tender landscape, participating in 475 government tenders. This comprehensive business analysis report provides insights into their bidding performance, financial metrics, and competitive positioning in the government procurement sector. This analysis assesses their strengths, weaknesses, opportunities, and threats, offering actionable recommendations for sustained business growth. The report examines Pragati Engineering's financial performance, competitive landscape, and strategic areas for improvement in the government procurement market.

Executive Summary: Key Performance Highlights

Pragati Engineering showcases a strong track record in government tenders, marked by a 26.5% win rate across 475 participations. Their strategic focus on securing L1 positions has resulted in 126 contract wins, demonstrating their competitive pricing and effective bidding strategy. The company's financial performance in securing government contracts stands at ₹1,18,10,67,500.0, highlighting their capability in targeting and winning valuable public sector projects. While exhibiting notable strengths, this analysis also identifies key areas for improvement to enhance their competitive edge and optimize business growth strategy within the government sector.

Financial Performance of Pragati Engineering

Key Financial Metrics

Pragati Engineering's financial performance in government tenders reveals consistent engagement and increasing contract values over the years. Key financial metrics include:

• Total Contract Value Secured: ₹1,18,10,67,500.0