spincotech 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
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 91 bids — Company 67b0948fe99dd21f90595592 appeared in 13 of them.
SPINCOTECH PRIVATE LIMITED
SPINCOTECH PRIVATE LIMITED
Financial Details
Registered Office
83&84, Perungudi Industrial Estate, PerungudiNA-Chennai-Tamil Nadu-600096-India
Industry Classification
Trading
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
231
Contract Value
₹208.94 Cr
L1 Bids
159
Recent Win Rate
69.8%
Performance Analytics
SPINCOTECH PRIVATE LIMITED: Business Analysis and Strategic Outlook
SPINCOTECH PRIVATE LIMITED demonstrates robust performance in the competitive landscape of government tenders. With a remarkable 68.9% tender win rate and a strong history of securing valuable contracts, SPINCOTECH has carved a niche as a reliable and effective player in the public sector. This comprehensive business analysis delves into the company's financial performance, competitive positioning, and strategic opportunities within the Indian government procurement ecosystem. The analysis identifies key strengths, weaknesses, opportunities, and threats, providing actionable recommendations to optimize SPINCOTECH's business growth strategy.
Executive Summary
SPINCOTECH PRIVATE LIMITED exhibits strong performance in government tenders, securing a 68.9% win rate from 225 bids. The company demonstrates a 100% conversion rate from bid value to won contracts, amounting to ₹2,06,14,04,884.0 in government contract value. Key strengths include a high technical qualification rate (92.0%) and a focused procurement strategy targeting specific departments and states. The SPINCOTECH financial performance shows consistent contract wins over the past several fiscal years, peaking in FY 2023-24 with ₹827,200,357.0 in won contracts. Competitive analysis identifies ANALYTICAL TECHNOLOGIES LIMITED and INFINITE MULTIPLELABS LLP as key competitors, requiring strategic responses to enhance SPINCOTECH's competitive positioning in the HPLC systems sector. Overall, SPINCOTECH is well-positioned for continued success in government procurement, with strategic recommendations focused on optimizing bid pricing, targeting high-value departments, and enhancing competitive intelligence.
Financial Performance of SPINCOTECH PRIVATE LIMITED
The financial performance of SPINCOTECH is characterized by a consistent ability to win government contracts and generate substantial revenue. Key financial metrics include:
- Total Contract Value: ₹2,06,14,04,884.0
- Average Bid Amount: ₹6,373,362.86
- Average EMD: ₹113,753.8