tern engineering & construction services 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 4 bids — ALMIGHTY MANPOWER & SECURITY SERVICES appeared in 1 of them.
TERN ENGINEERING & CONSTRUCTION SERVICES PRIVATE LIMITED
TERN ENGINEERING & CONSTRUCTION SERVICES PRIVATE LIMITED
Financial Details
Registered Office
OLD NO.27, NEW NO.30,ANJUGAM NAGAR FIRST STREET, ZAFFARKHANPETNA-CHENNAI-Tamil Nadu-600083-India
Industry Classification
Business Services
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
9
Contract Value
₹23.89 Cr
L1 Bids
0
Recent Win Rate
0.0%
Performance Analytics
Tern Engineering & Construction Services Private Limited: Government Tender Performance Analysis
Executive Summary
Tern Engineering & Construction Services Private Limited has begun establishing a presence in India's government tender landscape with participation in 9 tenders between FY2022-23 and FY2024-25. This analysis examines their tender participation, technical qualification rate, and procurement strategy. During this period, the company achieved a qualification rate of 55.6%, demonstrating their ability to meet technical criteria in public procurement opportunities. However, their win rate remains at 0.0%, indicating challenges in competitive bidding.
Their financial health, as assessed by TenderAI, is currently rated as 'Critical' with a score of 30.0/100, primarily due to the low win rate and associated factors. The company has focused its efforts on key ministries and departments, with a strong emphasis on the Ministry of Petroleum and Natural Gas and Indian Oil Corporation Limited (IOCL). This targeted approach suggests a specialization strategy that could be further refined to improve tender success rates. The total contract value of tenders bid on by the company is ₹23,89,19,043.
Tern Engineering faces stiff competition from established players like GEO DESIGNS AND RESEARCH PRIVATE LIMITED. A thorough understanding of the competitive landscape and strategic adjustments are essential for improved performance. The company's SWOT analysis reveals opportunities for growth through focused bidding, strategic partnerships, and enhanced technical compliance.
Financial Performance Analysis
Tern Engineering's financial performance in government tenders shows a gradual increase in participation and contract value over the past few fiscal years. The following table summarizes the key metrics:
| Fiscal Year | Bid Count | Qualified Bids | Win Count | Win Rate | Total Contract Value |