sensonics technologies india private limited Tender Performance & Track Recordsensonics technologies india private limited

Sensonics Technologies India: Government Tender Analysis

Sensonics Technologies India Private Limited is actively participating in the Indian government procurement landscape, submitting bids for 18 government tenders. This Sensonics Technologies India tender analysis reveals key performance indicators, including qualification rates, competitive positioning, and departmental specializations. As an industrial equipment supplier, Sensonics Technologies India government contracts showcase a dedicated focus on specific ministries and departments.

Executive Summary

From FY2021-22 to FY2024-25, Sensonics Technologies India achieved a 50.0% win rate, securing 9 L1 positions out of 18 bids. Their qualification rate stands at 88.9%, demonstrating strong compliance with tender requirements. The company's financial health is rated 'Good' with a score of 65.8/100, based on factors such as win rate, contract value, bid efficiency, and growth. Their primary focus is on tenders from the Ministry of Heavy Industries and Public Enterprises, specifically the Department of Heavy Industry. The company has secured total contract value of ₹8,01,05,249.0 during this period.

Financial Performance Analysis

Sensonics Technologies India's financial performance shows a fluctuating trend in recent years. From FY2021-22, the company secured contracts worth ₹2,27,04,758, followed by ₹1,09,23,658 in FY2022-23, ₹4,13,56,010 in FY2023-24, and ₹51,20,823 in FY2024-25. Quarter-wise performance visualization shows a notable concentration of activity in Q1 and Q3, with lower participation in Q2 and Q4. The bid distribution analysis from April 2023 to March 2024 indicates that most bids fall within the ₹10,00,000 to ₹50,00,000 price range.