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tricon solutions Tender Performance & Track Recordtricon solutions

Tender Performance & Track Record

Company Overview

Summary
TRICON SOLUTIONS: Government Tender Profile Analysis Tricon Solutions has strategically engaged in India's public procurement sector, participating in 304 government tenders. This comprehensive analysis offers insights into their bidding performance, tender success patterns, and competitive positioning within the realm of government contracts. With a 33.2% win rate, Tricon Solutions stands out as a reliable player in the government procurement landscape.
Primary Ministry: Ministry of DefencePrimary Department: Department of Military Affairs
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Military Affairs

Tender Performance

Data for 01 April 2024 to 31 October 2025

Live Data

Total Bids / Contract Value

Bids109
Value₹6.49Cr

Qualified Bids / Q Rate

Bids98
Q Rate89.9%

Total Wins / Win Value

Win48
Value₹1.47Cr

Wins Rate / Q-W Rate

Rate44.0%
Q-W Rate49.0%

Detailed Performance Analysis

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Tender Performance by Ministries

1 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

44.9% win rate
107
₹6.40 Cr
97
48
₹1.47 Cr

Ministry of Defence

Bids
107
₹6.40 Cr
Qualified
97
Wins
48
₹1.47 Cr
44.9% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 109 bids — J.S.ENTERPRISES appeared in 33 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

TRICON SOLUTIONS

Your Company
44.0% win rate
109
₹6.49 Cr
98
89.9%
48
₹1.47 Cr

TRICON SOLUTIONS

Your Company
Total Bids
109
₹6.49 Cr
Qualified
98
89.9%
Wins
48
₹1.47 Cr
44.0% win rate
J.S.ENTERPRISES
9.1% win rate
33
₹1.42 Cr
26
78.8%
3
₹5.30 Lakh
J.S.ENTERPRISES
Total Bids
33
₹1.42 Cr
Qualified
26
78.8%
Wins
3
₹5.30 Lakh
9.1% win rate
M K TRADER
12.9% win rate
31
₹47.04 Lakh
29
93.5%
4
₹4.94 Lakh
M K TRADER
Total Bids
31
₹47.04 Lakh
Qualified
29
93.5%
Wins
4
₹4.94 Lakh
12.9% win rate
ATHARVA TECH MINDS PRIVATE LIMITED
10.0% win rate
10
₹12.06 Lakh
2
20.0%
1
₹1.53 Lakh
ATHARVA TECH MINDS PRIVATE LIMITED
Total Bids
10
₹12.06 Lakh
Qualified
2
20.0%
Wins
1
₹1.53 Lakh
10.0% win rate
SMART IT SOLUTIONS
8.3% win rate
12
₹37.25 Lakh
8
66.7%
1
₹98K
SMART IT SOLUTIONS
Total Bids
12
₹37.25 Lakh
Qualified
8
66.7%
Wins
1
₹98K
8.3% win rate
LAMBA TRADING CO.
7.7% win rate
13
₹11.89 Lakh
13
100.0%
1
₹78K
LAMBA TRADING CO.
Total Bids
13
₹11.89 Lakh
Qualified
13
100.0%
Wins
1
₹78K
7.7% win rate
S.R. TRADING CO.
10.0% win rate
10
₹8.25 Lakh
10
100.0%
1
₹20K
S.R. TRADING CO.
Total Bids
10
₹8.25 Lakh
Qualified
10
100.0%
Wins
1
₹20K
10.0% win rate
RCART
28.6% win rate
7
₹3.16 Lakh
7
100.0%
2
₹14K
RCART
Total Bids
7
₹3.16 Lakh
Qualified
7
100.0%
Wins
2
₹14K
28.6% win rate
COBAN UNIVERSAL
0.0% win rate
11
₹88.97 Lakh
11
100.0%
0
₹0
COBAN UNIVERSAL
Total Bids
11
₹88.97 Lakh
Qualified
11
100.0%
Wins
0
₹0
0.0% win rate
MINAS STORES
0.0% win rate
8
₹20.12 Lakh
0
0.0%
0
₹0
MINAS STORES
Total Bids
8
₹20.12 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
SATNAM ENTERPRISES
0.0% win rate
5
₹6.89 Lakh
0
0.0%
0
₹0
SATNAM ENTERPRISES
Total Bids
5
₹6.89 Lakh
Qualified
0
0.0%
Wins
0
₹0
0.0% win rate
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

Company Overview (1 Apr 2018-31 Mar 2025))

Total Bids

304

Qualified: 248
Q Rate: 81.6%

Contract Value

₹7.79 Cr

Avg. Bid: ₹1.52 Lakh
Avg. EMD: ₹0

L1 Bids

101

Win Rate: 33.2%
Q to W Ratio: 40.7%

Recent Win Rate

36.1%

Change: -5.4%
Period: FY 2024-25

Performance Analytics

Last 7 Years
Performance Trend
Win/Loss Distribution
Contract Value Growth Over Time

TRICON SOLUTIONS: Government Tender Profile Analysis

Tricon Solutions has strategically engaged in India's public procurement sector, participating in 304 government tenders. This comprehensive analysis offers insights into their bidding performance, tender success patterns, and competitive positioning within the realm of government contracts. With a 33.2% win rate, Tricon Solutions stands out as a reliable player in the government procurement landscape.

Proven L1 Bid Success and High Win Rate

Tricon Solutions has achieved remarkable success, securing 101 L1 positions in government tenders. This highlights their strategic pricing approach and competitive bid strategy. Their 33.2% win ratio across 304 tender participations establishes a solid track record in government procurement. The company's performance also reveals consistency, with no L2 or L3 rankings, underscoring their ability to consistently deliver competitive bids in the public sector.

Financial Performance and Contract Value

Tricon Solutions has demonstrated financial acumen by bidding on contracts with a total value of ₹7,78,75,184.0, successfully converting these bids into secured government contracts worth ₹7,78,75,184.0. This represents a 100.0% conversion rate, demonstrating their proficiency in identifying and winning valuable public sector projects. The company's financial performance is a testament to its effective targeting and procurement strategies.

Regional and Sectoral Focus

Tricon Solutions has established a notable regional presence in Jammu & Kashmir and Punjab government tenders, indicating a focused geographic specialization within their public procurement strategy. Furthermore, their tender history reveals significant engagement with the Department Of Military Affairs, Department Of Defence, and the Department Of Telecommunications (Dot), showcasing specific procurement expertise in these sectors. Tricon Solutions has experience bidding with entities such as the Indian Army and the Director General Of National Cadet Corps (Dgncc), demonstrating familiarity with the diverse procurement requirements of various governmental organizations.