precision equipments (chennai) private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 14 September 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 13 bids — MEENAKSHI ASSOCIATES PRIVATE LTD. appeared in 5 of them.
PRECISION EQUIPMENTS (CHENNAI) PRIVATE LIMITED
PRECISION EQUIPMENTS (CHENNAI) PRIVATE LIMITED
Financial Details
Registered Office
NO.26,MOUNT POONAMALLEE ROADNANDAMBAKKAM CHENNAI-89.NA-CHENNAI-89.-Tamil Nadu-600089-India
Industry Classification
Manufacturing (Machinery & Equipments)
Company Type
Market Information
Transform Your Tender Process
Join thousands of businesses winning more tenders
Smart Alerts
Get AI-powered tender recommendations
Market Intel
Track competitor bidding patterns
Email Reports
Weekly detailed analytics reports
Download Hub
Export tender data in bulk format
Smart Tracking
Never miss important deadlines
& Much More...
Discover all premium features with your trial
"TendersAi transformed our bidding process. We've increased our win rate by 40% and saved countless hours."
Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
39
Contract Value
₹100.14 Cr
L1 Bids
5
Recent Win Rate
14.3%
Performance Analytics
Government Tender Analysis: Precision Equipments (Chennai) Private Limited
Precision Equipments (Chennai) Private Limited is an active participant in Indian government tenders, particularly within the machinery manufacturing sector. With 39 bids submitted, the company showcases its commitment to public sector procurement. This analysis provides a comprehensive overview of their tender performance, financial health, and competitive landscape.
Executive Summary
Precision Equipments (Chennai) Private Limited has demonstrated a developing presence in government tenders. Between April 2018 and March 2025, the company participated in 39 tenders, achieving a 12.8% overall win rate. The qualification rate stands at 76.9%, indicating a strong ability to meet technical requirements.
In the latest financial year, FY2024-25, Precision Equipments secured contracts worth ₹37.31 crore, marking a 127.0% growth compared to the previous period. This growth reflects an improving ability to secure valuable public sector projects. The company's financial health is assessed as 'Good' with a score of 65.8/100, based on TenderAI's scoring components, including win rate, contract value, bid efficiency, growth, and consistency.
Precision Equipments primarily focuses on tenders from the Ministry of Petroleum and Natural Gas, indicating a specialization in this sector. Their involvement with departments such as Bharat Petroleum Corporation Ltd and GAIL India Limited further highlights their focus within the petroleum and natural gas industry. Despite a moderate win rate, the company demonstrates financial stability and increasing revenue from government contracts, indicating potential for future growth.
Financial Performance Analysis
Precision Equipments' financial performance in government tenders shows a fluctuating yet positive trend over the years. Key metrics include bid count, win count, qualification rate, and total contract value. Here's a year-on-year comparison: