precision safety equipments 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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 2 bids — PIPLA SAFETY PRIVATE LIMITED appeared in 2 of them.
PRECISION SAFETY EQUIPMENTS LIMITED
PRECISION SAFETY EQUIPMENTS LIMITED
Financial Details
Registered Office
PLOT NO:-A/27,PREM NIWAS,NEAR DURGA MANDIR BIRLA COLONY,PHULWARI SHARIFNA-PATNA-Bihar-801505-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
14
Contract Value
₹14.94 Cr
L1 Bids
2
Recent Win Rate
0.0%
Performance Analytics
Government Tender Analysis: Precision Safety Equipments Limited
Precision Safety Equipments Limited demonstrates active participation in Indian government procurement with 14 bids submitted. Our TenderAI analysis provides insights into their qualification rates, competitive positioning, and category specialization. As a safety equipment supplier they are targeting Ministry of Defence tenders and other key sectors.
From April 2018 to March 2025, Precision Safety Equipments Limited's key performance metrics include a 14.3% win rate and a 64.3% qualification rate. They have secured 2 L1 positions as the lowest bidder. Financial health assessment by TenderAI reveals a 'Concerning' status with a score of 37.0/100, primarily due to low win rates and declining growth. Their market positioning indicates a challenging landscape, requiring strategic adjustments to improve bid efficiency and overall competitiveness.
Their primary engagement is with the Ministry of Defence, particularly the Department of Military Affairs, along with the Home Department Odisha and Department of Defence Production, indicating a specialized focus within the defense and safety sectors. The total contract value secured is ₹14,94,32,731, demonstrating their capability to secure valuable public sector projects. However, recent performance indicates a need for strategic realignment.
Financial Performance Analysis
Analyzing Precision Safety Equipments Limited's financial performance in government tenders reveals the following trends:
- Yearly Trends: In FY 2022-23, the company bid on 5 tenders, winning 1 (20.0% win rate) with a total contract value of ₹21,31,524. However, in FY 2023-24, bid count increased to 8, but the win rate declined to 12.5%, despite securing contracts worth ₹14,63,51,207. The latest year, FY 2024-25, shows a single bid with a 0.0% win rate and a contract value of ₹9,50,000, marking a significant downturn.
| Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value |