precision instruments & electronics (madras) private limited
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 15 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 5 bids — SARAYU INFOTECH SOLUTIONS PRIVATE LIMITED appeared in 2 of them.
PRECISION INSTRUMENTS & ELECTRONICS (MADRAS) PRIVATE LIMITED
PRECISION INSTRUMENTS & ELECTRONICS (MADRAS) PRIVATE LIMITED
Financial Details
Registered Office
1ST FLOOR, NEW NO 31, OLD NO 13, M.K.AMMAN KOIL STREET, MYLAPORENA-CHENNAI-Tamil Nadu-600004-India
Industry Classification
Manufacturing (Machinery & Equipments)
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
34
Contract Value
₹3.99 Cr
L1 Bids
9
Recent Win Rate
0.0%
Performance Analytics
Government Tender Analysis: Precision Instruments & Electronics Madras - 9 L1 Wins & 26.5% Win Rate
Precision Instruments & Electronics Madras Private Limited is an active participant in the Indian government procurement landscape, having submitted bids for 34 government tenders. This report provides a comprehensive analysis of their tender performance, focusing on key metrics such as win rate, qualification rate, financial performance, and competitive positioning. The analysis uses TenderAI data to provide insights relevant to both government procurement officers and industry stakeholders.
Executive Summary
Precision Instruments & Electronics Madras demonstrates a 26.5% win rate across 34 tender participations (from April 2018 to March 2025), securing 9 L1 positions, showcasing a reliable track record in government procurement. The company also has 0 L2 and 0 L3 rankings, which shows consistent competitiveness in public sector contracts. Their technical qualification rate stands at 52.9%, reflecting their ability to meet the technical requirements of government tenders. While demonstrating proficiency in securing tenders, improvements in technical compliance could further strengthen their position.
The company's financial performance reveals that they have bid on contracts totaling ₹3,98,80,424.0, successfully securing ₹3,98,80,424.0 in contract value. This equates to a 100.0% conversion rate from bid value to won contracts. This demonstrates the company's targeted approach to securing valuable public sector projects.
TenderAI’s financial health assessment rates Precision Instruments & Electronics Madras as 'Concerning' with a score of 44.1/100, with components including win rate (66.2), contract value (12.2), bid efficiency (72.2), growth (0), and consistency (49.2). This score highlights areas where strategic improvements could significantly enhance their overall performance.
Their tender history reveals significant engagement with the Department Of Heavy Industry, Department Of Atomic Energy, and Materials, showcasing specialized procurement expertise. They have experience bidding with Rourkela Steel Plant, indicating familiarity with diverse organizational procurement requirements. This tender performance analysis offers valuable insights for evaluating their suitability as a procurement partner in India's diverse government tender ecosystem.