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prinsi services Tender Performance & Track Recordprinsi services

Tender Performance & Track Record

Company Overview

Summary
PRINSI SERVICES: Dominating Government Tenders with a 35.6% Win Rate and 591 L1 Wins Executive Summary
Primary Ministry: Ministry of DefencePrimary Department: Panchayats and Rural Housing Department Gujarat
Primary Ministry:
Ministry of Defence
Primary Department:
Panchayats and Rural Housing Department Gujarat

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids623
Value₹62.58Cr

Qualified Bids / Q Rate

Bids236
Q Rate37.9%

Total Wins / Win Value

Win261
Value₹17.78Cr

Wins Rate / Q-W Rate

Rate41.9%
Q-W Rate110.6%

Detailed Performance Analysis

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Tender Performance by Ministries

12 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

75.0% win rate
20
₹4.56 Cr
8
15
₹3.40 Cr

Ministry of Defence

Bids
20
₹4.56 Cr
Qualified
8
Wins
15
₹3.40 Cr
75.0% win rate

Ministry of Education

63.6% win rate
11
₹1.58 Cr
5
7
₹36.20 Lakh

Ministry of Education

Bids
11
₹1.58 Cr
Qualified
5
Wins
7
₹36.20 Lakh
63.6% win rate

Ministry of Agriculture and Farmers Welfare

60.0% win rate
10
₹4.16 Cr
6
6
₹1.29 Cr

Ministry of Agriculture and Farmers Welfare

Bids
10
₹4.16 Cr
Qualified
6
Wins
6
₹1.29 Cr
60.0% win rate

Ministry of Culture

0.0% win rate
6
₹1.72 Cr
0
0
₹0

Ministry of Culture

Bids
6
₹1.72 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Finance

16.7% win rate
6
₹70.29 Lakh
0
1
₹11.71 Lakh

Ministry of Finance

Bids
6
₹70.29 Lakh
Qualified
0
Wins
1
₹11.71 Lakh
16.7% win rate

Ministry of Consumer Affairs Food and Public Distribution

33.3% win rate
3
₹53.94 Lakh
1
1
₹6.95 Lakh

Ministry of Consumer Affairs Food and Public Distribution

Bids
3
₹53.94 Lakh
Qualified
1
Wins
1
₹6.95 Lakh
33.3% win rate

Ministry of Civil Aviation

50.0% win rate
2
₹1.58 Cr
1
1
₹19.53 Lakh

Ministry of Civil Aviation

Bids
2
₹1.58 Cr
Qualified
1
Wins
1
₹19.53 Lakh
50.0% win rate

Ministry of Information and Broadcasting

0.0% win rate
2
₹55.86 Lakh
0
0
₹0

Ministry of Information and Broadcasting

Bids
2
₹55.86 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Law and Justice

0.0% win rate
2
₹19.44 Lakh
0
0
₹0

Ministry of Law and Justice

Bids
2
₹19.44 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Commerce and Industry

0.0% win rate
1
₹34.96 Lakh
0
0
₹0

Ministry of Commerce and Industry

Bids
1
₹34.96 Lakh
Qualified
0
Wins
0
₹0
0.0% win rate

Ministry of Petroleum and Natural Gas

100.0% win rate
1
₹40.03 Lakh
0
1
₹40.03 Lakh

Ministry of Petroleum and Natural Gas

Bids
1
₹40.03 Lakh
Qualified
0
Wins
1
₹40.03 Lakh
100.0% win rate

Ministry of Railways

0.0% win rate
1
₹21
0
0
₹0

Ministry of Railways

Bids
1
₹21
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 623 bids — DARSHANA SECURITY AND SERVICES appeared in 562 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

PRINSI SERVICES

Your Company
41.9% win rate
623
₹62.58 Cr
236
37.9%
261
₹17.78 Cr

PRINSI SERVICES

Your Company
Total Bids
623
₹62.58 Cr
Qualified
236
37.9%
Wins
261
₹17.78 Cr
41.9% win rate
DARSHANA SECURITY AND SERVICES
31.7% win rate
562
₹55.15 Cr
154
27.4%
178
₹11.32 Cr
DARSHANA SECURITY AND SERVICES
Total Bids
562
₹55.15 Cr
Qualified
154
27.4%
Wins
178
₹11.32 Cr
31.7% win rate
TRIPATHI BROTHERS SERVICES
8.9% win rate
575
₹57.34 Cr
23
4.0%
51
₹5.86 Cr
TRIPATHI BROTHERS SERVICES
Total Bids
575
₹57.34 Cr
Qualified
23
4.0%
Wins
51
₹5.86 Cr
8.9% win rate
SMVD GROUP SECURE SERVICES
8.5% win rate
563
₹56.52 Cr
20
3.5%
48
₹5.77 Cr
SMVD GROUP SECURE SERVICES
Total Bids
563
₹56.52 Cr
Qualified
20
3.5%
Wins
48
₹5.77 Cr
8.5% win rate
VAIKUNTH GROUP ENTERPRISES
8.3% win rate
565
₹56.01 Cr
18
3.2%
47
₹5.66 Cr
VAIKUNTH GROUP ENTERPRISES
Total Bids
565
₹56.01 Cr
Qualified
18
3.2%
Wins
47
₹5.66 Cr
8.3% win rate
ANGEL MANPOWER & SECURITY SERVICES
8.1% win rate
568
₹57.68 Cr
17
3.0%
46
₹5.62 Cr
ANGEL MANPOWER & SECURITY SERVICES
Total Bids
568
₹57.68 Cr
Qualified
17
3.0%
Wins
46
₹5.62 Cr
8.1% win rate
TRIPATHI BROTHERS SERVICES PRIVATE LIMITED
8.1% win rate
571
₹57.86 Cr
16
2.8%
46
₹5.46 Cr
TRIPATHI BROTHERS SERVICES PRIVATE LIMITED
Total Bids
571
₹57.86 Cr
Qualified
16
2.8%
Wins
46
₹5.46 Cr
8.1% win rate
EJEE COMPLETE OFFICE SOLUTIONS PRIVATE LIMITED
8.3% win rate
565
₹58.93 Cr
17
3.0%
47
₹5.45 Cr
EJEE COMPLETE OFFICE SOLUTIONS PRIVATE LIMITED
Total Bids
565
₹58.93 Cr
Qualified
17
3.0%
Wins
47
₹5.45 Cr
8.3% win rate
ALMIGHTY MANPOWER & SECURITY SERVICES
8.0% win rate
572
₹57.04 Cr
17
3.0%
46
₹5.38 Cr
ALMIGHTY MANPOWER & SECURITY SERVICES
Total Bids
572
₹57.04 Cr
Qualified
17
3.0%
Wins
46
₹5.38 Cr
8.0% win rate
SAFE SHADOW SECURITY SERVICES
8.4% win rate
570
₹57.41 Cr
19
3.3%
48
₹5.02 Cr
SAFE SHADOW SECURITY SERVICES
Total Bids
570
₹57.41 Cr
Qualified
19
3.3%
Wins
48
₹5.02 Cr
8.4% win rate
PINAKINE SECURE SECURITY SOLUTIONS
7.6% win rate
569
₹57.25 Cr
17
3.0%
43
₹4.87 Cr
PINAKINE SECURE SECURITY SOLUTIONS
Total Bids
569
₹57.25 Cr
Qualified
17
3.0%
Wins
43
₹4.87 Cr
7.6% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

1,662

Qualified: 635
Q Rate: 38.2%

Contract Value

₹253.68 Cr

Avg. Bid: ₹12.13 Lakh
Avg. EMD: ₹49K

L1 Bids

591

Win Rate: 35.6%
Q to W Ratio: 93.1%

Recent Win Rate

34.9%

Change: +6.0%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

PRINSI SERVICES: Dominating Government Tenders with a 35.6% Win Rate and 591 L1 Wins

Executive Summary

PRINSI SERVICES has demonstrated a strong presence in the Indian government tender landscape. With a 35.6% win rate across 1662 tender participations, the company showcases a robust understanding of government procurement processes. Their key strengths lie in securing L1 positions, indicative of a strategic pricing approach. Despite a recent 56.8% decline in contract value compared to the previous period, PRINSI SERVICES maintains a 'Satisfactory' financial health score of 59.8/100, suggesting stability and potential for future growth. This business analysis delves into their financial performance, competitive positioning, and provides strategic recommendations for sustained success in the government sector.

Financial Performance

Key Metrics

  • Total Contract Value: PRINSI SERVICES has secured contracts worth ₹2,53,67,67,085.0 from government tenders, reflecting their ability to convert bids into tangible financial outcomes.
  • Win Rate: A 35.6% win rate demonstrates a solid understanding of the bidding process and the ability to present competitive and compliant bids.
  • Average Earnest Money Deposit (EMD): An average EMD of ₹49,252.15 indicates the company's financial capacity to participate in significant tenders requiring substantial bid security.

Yearly Performance