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updater services limited Tender Performance & Track Recordupdater services limited

CIN: U74140TN2003PLC051955
Active

Tender Performance & Track Record

Public
Company limited by shares
CIN: U74140TN2003PLC051955
Active
Public
Company limited by shares

Company Overview

Summary
UPDATER SERVICES LIMITED: Comprehensive Business Analysis This report delivers a comprehensive business analysis of UPDATER SERVICES LIMITED, focusing on their performance in government tenders. With 100 tender participations and a 23.5% win rate in the latest financial year, UPDATER SERVICES LIMITED demonstrates both engagement and areas for strategic improvement in India's public procurement landscape. This analysis provides detailed insights into their financial performance, competitive positioning, and strategic recommendations for future growth.
Primary Ministry: Ministry of DefencePrimary Department: Department of Defence Production
Founded: 2003State: TAMIL NADU
Primary Ministry:
Ministry of Defence
Primary Department:
Department of Defence Production
Founded:2003
State:TAMIL NADU

Tender Performance

Data for 01 April 2024 to 14 September 2025

Live Data

Total Bids / Contract Value

Bids37
Value₹326.37Cr

Qualified Bids / Q Rate

Bids28
Q Rate75.7%

Total Wins / Win Value

Win13
Value₹85.59Cr

Wins Rate / Q-W Rate

Rate35.1%
Q-W Rate46.4%

Detailed Performance Analysis

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Tender Performance by Ministries

6 entries

Name

Bids
Value
Qualified
Wins
Value

Ministry of Defence

45.5% win rate
22
₹133.44 Cr
20
10
₹72.42 Cr

Ministry of Defence

Bids
22
₹133.44 Cr
Qualified
20
Wins
10
₹72.42 Cr
45.5% win rate

Ministry of Petroleum and Natural Gas

33.3% win rate
6
₹31.29 Cr
3
2
₹9.17 Cr

Ministry of Petroleum and Natural Gas

Bids
6
₹31.29 Cr
Qualified
3
Wins
2
₹9.17 Cr
33.3% win rate

Ministry of Civil Aviation

0.0% win rate
3
₹52.88 Cr
2
0
₹0

Ministry of Civil Aviation

Bids
3
₹52.88 Cr
Qualified
2
Wins
0
₹0
0.0% win rate

Ministry of Education

0.0% win rate
3
₹45.50 Cr
1
0
₹0

Ministry of Education

Bids
3
₹45.50 Cr
Qualified
1
Wins
0
₹0
0.0% win rate

Ministry of Finance

50.0% win rate
2
₹6.16 Cr
2
1
₹4.01 Cr

Ministry of Finance

Bids
2
₹6.16 Cr
Qualified
2
Wins
1
₹4.01 Cr
50.0% win rate

Ministry of Housing & Urban Affairs (MoHUA)

0.0% win rate
1
₹57.10 Cr
0
0
₹0

Ministry of Housing & Urban Affairs (MoHUA)

Bids
1
₹57.10 Cr
Qualified
0
Wins
0
₹0
0.0% win rate

Top Bid Competitors

Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 37 bids — TROPICAL ECOLOGY PRIVATE LIMITED appeared in 12 of them.

Company
Total Bids
Value
Qualified
Rate
Wins
Value

UPDATER SERVICES LIMITED

Your Company
35.1% win rate
37
₹326.37 Cr
28
75.7%
13
₹85.59 Cr

UPDATER SERVICES LIMITED

Your Company
Total Bids
37
₹326.37 Cr
Qualified
28
75.7%
Wins
13
₹85.59 Cr
35.1% win rate
TROPICAL ECOLOGY PRIVATE LIMITED
41.7% win rate
12
₹74.36 Cr
11
91.7%
5
₹46.12 Cr
TROPICAL ECOLOGY PRIVATE LIMITED
Total Bids
12
₹74.36 Cr
Qualified
11
91.7%
Wins
5
₹46.12 Cr
41.7% win rate
GA DIGITAL WEBWORD PRIVATE LIMITED
9.1% win rate
11
₹110.00 Cr
8
72.7%
1
₹22.68 Cr
GA DIGITAL WEBWORD PRIVATE LIMITED
Total Bids
11
₹110.00 Cr
Qualified
8
72.7%
Wins
1
₹22.68 Cr
9.1% win rate
VENKATAPPA ANANDA SERVICES PRIVATE LIMITED
12.5% win rate
16
₹85.20 Cr
15
93.8%
2
₹9.45 Cr
VENKATAPPA ANANDA SERVICES PRIVATE LIMITED
Total Bids
16
₹85.20 Cr
Qualified
15
93.8%
Wins
2
₹9.45 Cr
12.5% win rate
ANGEL MANPOWER & SECURITY SERVICES
7.7% win rate
13
₹107.74 Cr
0
0.0%
1
₹68.36 Lakh
ANGEL MANPOWER & SECURITY SERVICES
Total Bids
13
₹107.74 Cr
Qualified
0
0.0%
Wins
1
₹68.36 Lakh
7.7% win rate
VAIKUNTH GROUP ENTERPRISES
7.7% win rate
13
₹107.74 Cr
0
0.0%
1
₹68.36 Lakh
VAIKUNTH GROUP ENTERPRISES
Total Bids
13
₹107.74 Cr
Qualified
0
0.0%
Wins
1
₹68.36 Lakh
7.7% win rate
ALMIGHTY MANPOWER & SECURITY SERVICES
9.1% win rate
11
₹97.85 Cr
0
0.0%
1
₹68.36 Lakh
ALMIGHTY MANPOWER & SECURITY SERVICES
Total Bids
11
₹97.85 Cr
Qualified
0
0.0%
Wins
1
₹68.36 Lakh
9.1% win rate
SAFE SHADOW SECURITY SERVICES
9.1% win rate
11
₹97.85 Cr
0
0.0%
1
₹68.36 Lakh
SAFE SHADOW SECURITY SERVICES
Total Bids
11
₹97.85 Cr
Qualified
0
0.0%
Wins
1
₹68.36 Lakh
9.1% win rate
TRIPATHI BROTHERS SERVICES
9.1% win rate
11
₹97.85 Cr
0
0.0%
1
₹68.36 Lakh
TRIPATHI BROTHERS SERVICES
Total Bids
11
₹97.85 Cr
Qualified
0
0.0%
Wins
1
₹68.36 Lakh
9.1% win rate
SSE MANPOWER CONSULTANCY PRIVATE LIMITED
0.0% win rate
13
₹94.97 Cr
12
92.3%
0
₹0
SSE MANPOWER CONSULTANCY PRIVATE LIMITED
Total Bids
13
₹94.97 Cr
Qualified
12
92.3%
Wins
0
₹0
0.0% win rate
HYDRO PNEUMATIC ENGINEERS (HYD) PRIVATE LIMITED
0.0% win rate
12
₹73.65 Cr
11
91.7%
0
₹0
HYDRO PNEUMATIC ENGINEERS (HYD) PRIVATE LIMITED
Total Bids
12
₹73.65 Cr
Qualified
11
91.7%
Wins
0
₹0
0.0% win rate
Company Profile
CINU74140TN2003PLC051955
Class
Public
Status
Active
Founded2003

Financial Details

Authorized Capital₹75.0Cr
Paid-up Capital₹66.7Cr

Registered Office

NO.2/302-A, UDS SALAI, OFF OLD MAHABALIPURAM ROAD THORAIPAKKAMNA-CHENNAI-Tamil Nadu-600097-India


Industry Classification

Business Services

NIC Code74140

Company Type

CategoryCompany limited by shares
Sub-CategoryNon-government company
Origin
Indian

Market Information

Listing Status
Unlisted
ROCROC Chennai
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Historical Performance

7-year trend analysis (2018-2025)

Historical Data

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

Total Bids

100

Qualified: 83
Q Rate: 83.0%

Contract Value

₹683.86 Cr

Avg. Bid: ₹4.89 Cr
Avg. EMD: ₹13.76 Lakh

L1 Bids

11

Win Rate: 11.0%
Q to W Ratio: 13.3%

Recent Win Rate

23.5%

Change: +6.4%
Period: FY 2024-25

Performance Analytics

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

UPDATER SERVICES LIMITED: Comprehensive Business Analysis

This report delivers a comprehensive business analysis of UPDATER SERVICES LIMITED, focusing on their performance in government tenders. With 100 tender participations and a 23.5% win rate in the latest financial year, UPDATER SERVICES LIMITED demonstrates both engagement and areas for strategic improvement in India's public procurement landscape. This analysis provides detailed insights into their financial performance, competitive positioning, and strategic recommendations for future growth.

Executive Summary

UPDATER SERVICES LIMITED exhibits a mixed financial performance. While the company boasts a diversified client portfolio and a strong presence in key government departments, their overall financial health is rated as 'Concerning' with a score of 44.4/100. The win rate for the latest financial year stands at 23.53%, securing contracts worth ₹1.54 Billion. However, this represents a 19.8% decline compared to the previous period. Key areas needing attention include bid efficiency, performance in specific bid ranges, and leveraging opportunities within high-value departments. This Business analysis provides a roadmap for UPDATER SERVICES LIMITED to optimize their business growth strategy.

Financial Performance of UPDATER SERVICES LIMITED

This section explores the financial performance of UPDATER SERVICES LIMITED in detail, focusing on key metrics and trends in government tenders.

Key Financial Metrics

The following table summarizes the key financial metrics for UPDATER SERVICES LIMITED: