spectoms engineering private limited
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 6 bids — RAKME ENGG. AND MARINE EQUIPMENT appeared in 2 of them.
SPECTOMS ENGINEERING PRIVATE LIMITED
SPECTOMS ENGINEERING PRIVATE LIMITED
Financial Details
Registered Office
114, GIDC ESTATE MAKARPURANA-VADODARA-Gujarat-390010-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
34
Contract Value
₹5.96 Cr
L1 Bids
13
Recent Win Rate
50.0%
Performance Analytics
Spectoms Engineering Private Limited: Comprehensive Tender Performance Analysis
Spectoms Engineering Private Limited has demonstrated a consistent presence in the Indian government tender landscape. This report provides a detailed analysis of their tender performance, financial metrics, competitive positioning, and strategic recommendations for future growth. Spectoms Engineering's success is built upon a strong technical foundation and a strategic approach to government procurement.
From April 2018 to March 2025, Spectoms Engineering participated in 34 tenders, achieving a win rate of 38.2%. Their financial health is rated as 'Satisfactory' with a score of 56.2/100, driven by a strong win rate component of 95.6% but tempered by lower scores in contract value and growth. The company shows a strong technical qualification rate of 100.0%, successfully qualifying for all 34 tenders. Their primary focus lies within the Ministry of Defence, particularly the Department of Defence Production, establishing them as a key player in this sector.
Financial Performance Analysis
Yearly Trends: Spectoms Engineering's yearly performance reveals fluctuating contract values. FY 2021-22 saw a contract value of ₹1,07,35,996, which increased to ₹3,18,07,558 in FY 2022-23 before decreasing to ₹1,58,81,284 in FY 2023-24 and further down to ₹11,56,000 in FY 2024-25. This trend indicates a need for consistent contract acquisition strategies.
| Fiscal Year | Bid Count | Win Count | Win Rate | Total Contract Value (₹) |
|---|---|---|---|---|
| FY 2021-22 | 9 | 4 | 44.4% | 1,07,35,996 |
| FY 2022-23 | 14 | 3 | 21.4% | 3,18,07,558 |
| FY 2023-24 | 9 | 5 | 55.6% | 1,58,81,284 |