prime engineering corporation
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
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 79 bids — M PACK TRADERS appeared in 5 of them.
PRIME ENGINEERING CORPORATION
PRIME ENGINEERING CORPORATION
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
353
Contract Value
₹55.36 Cr
L1 Bids
134
Recent Win Rate
43.6%
Performance Analytics
Prime Engineering Corporation Government Tender Profile: Analysis Report
This comprehensive business analysis report provides an in-depth look at Prime Engineering Corporation's performance in the Indian government tender landscape. With 353 government tender participations, the company has demonstrated a strong presence in public procurement. This analysis delves into their bidding success patterns, competitive positioning, and financial performance, highlighting key strengths and areas for strategic improvement.
Executive Summary
Prime Engineering Corporation exhibits a solid track record in securing government contracts, boasting a 38% win rate across 353 tender participations. They have secured 134 L1 positions, showcasing a competitive pricing strategy and effective bid management. Their engagement with key departments like the Department of Atomic Energy and the Department of Defence Production and Supply demonstrates specialized procurement expertise. While their overall financial health is satisfactory, there are opportunities to optimize bid pricing and resource allocation for enhanced performance. This industry sector business analysis helps provide critical insights.
Financial Performance of Prime Engineering Corporation
This section analyzes Prime Engineering Corporation's financial performance in government tenders. Key highlights include:
- Total Contract Value: The company has secured contracts with a total value of ₹55,35,65,620.0, reflecting a strong ability to convert bids into won contracts.
- Conversion Rate: Achieved a 100.0% conversion rate of bid value to won contracts, demonstrating effectiveness in targeting and securing valuable public sector projects.
- Average Earnest Money Deposit (EMD): An average EMD of ₹36,412.33 indicates the financial capacity to participate in substantial government tenders.