spares 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
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 460 bids — ASSOCIATE SUPPLIERS appeared in 410 of them.
SPARES CORPORATION
SPARES CORPORATION
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
979
Contract Value
₹5.72 Cr
L1 Bids
642
Recent Win Rate
51.8%
Performance Analytics
SPARES CORPORATION: Government Tender Performance Analysis
SPARES CORPORATION, a key player in the Indian government procurement landscape, demonstrates a strategic engagement with 979 government tender participations. This comprehensive business analysis report provides detailed insights into their bidding performance, tender success patterns, and competitive positioning in securing government contracts. We delve into SPARES CORPORATION's financial performance, competitive environment, and strategic recommendations to enhance their market presence.
Executive Summary
SPARES CORPORATION exhibits strong performance in government tenders, underscored by a 65.6% win rate and a focus on key sectors and regions. The company has demonstrated its ability to secure valuable public sector projects. While showing stable qualification rate, there is a decline in the win rate trend which could be a risk. This report delves into SPARES CORPORATION's financial performance, competitive positioning, and provides strategic recommendations for sustainable business growth.
1. Financial Performance of SPARES CORPORATION
1.1. Key Financial Metrics
- Total Contract Value: SPARES CORPORATION has successfully secured contracts valued at ₹5,72,07,130.0 from 979 bids.
- Win Rate: Achieved a remarkable 65.6% win rate, demonstrating strong competitiveness in the government tender process.
- Technical Qualification Rate: Boasts a 98.7% technical qualification rate, ensuring compliance with government tender requirements.