vardhman services
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 2777 bids — EJEE COMPLETE OFFICE SOLUTIONS PRIVATE LIMITED appeared in 2598 of them.
VARDHMAN SERVICES
VARDHMAN SERVICES
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
7,918
Contract Value
₹4356.82 Cr
L1 Bids
3,620
Recent Win Rate
33.2%
Performance Analytics
Vardhman Services: Business Performance, Financial Analysis, and Strategic Outlook
This business analysis report provides a comprehensive overview of Vardhman Services' performance, focusing on financial health, competitive positioning within the government sector, and strategic recommendations for future growth. The analysis leverages key performance indicators (KPIs) to assess Vardhman Services' strengths, weaknesses, opportunities, and threats (SWOT), providing actionable insights for stakeholders.
Executive Summary
Vardhman Services demonstrates a strong presence in the government tender landscape, participating in 7918 bids and achieving a win rate of 45.7%. This translates to 3620 L1 positions, highlighting the company's competitive pricing strategy. Key financial metrics reveal a total contract value of ₹43,56,82,30,608.0, showcasing the company's ability to secure substantial government contracts. While overall financial health is rated as 'Excellent' with a score of 83.0/100, a recent decline in win rate from 56.34% in FY 2021-22 to 33.23% in FY 2024-25 warrants attention. Strategic recommendations focus on addressing competitive threats, optimizing bid pricing, and expanding into high-potential categories.
Financial Performance
Year-on-Year Business Growth
Vardhman Services' financial trajectory displays significant year-on-year business growth, with a substantial increase in total contract value over the past several fiscal years. However, a detailed analysis reveals nuanced trends:
- FY 2019-20: The company secured contracts worth ₹67,664,719.0, setting the foundation for future expansion.