Competitor profile

Elecon Engineering Company Limited

They win 82% of what they bid, but only 10% of the value — the bigger bids get away.

28tenders on record
5buyer authorities
2states
5 Aug 2026last award
Total bids
28
28 including cancelled tenders
Awarded
23
5 lost · 0 still pending
Awarded value
₹10.4 Cr
of ₹105.9 Cr bid — 9.8% conversion
Win rate
82.1%
of 28 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count28 bids
82.1%
17.9%
Awarded2382.1%
Pending00.0%
Tech rejected00.0%
Lost517.9%
By value₹105.9 Cr
90.1%
Awarded₹10.4 Cr9.9%
Pending₹00.0%
Tech rejected₹00.0%
Lost₹95.4 Cr90.1%

Where they win

4 authorities · 2 states

Top buyer organisations

NTPC Limited₹4.9 Cr47.1%
IndianOil₹3.9 Cr37.6%

Operating states

LowHigh
Odisha₹44.2 L

20 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
SEW EURODRIVE INDIA PVT LTD2 wins · 2 shared tenders
₹35.0 L
won head-to-head
02
ISGEC Heavy Engineering Limited1 win · 1 shared tender
₹78.3 Cr
won head-to-head
03
Max-Gears Pvt Ltd0 wins · 1 shared tender
₹0
won head-to-head
04
TKIL Industries Private Limited0 wins · 1 shared tender
₹0
won head-to-head
05
Deep Trading Co.1 win · 1 shared tender
₹47.2 L
won head-to-head
06
TEGA MCNALLY MINERALS LIMITED0 wins · 1 shared tender
₹0
won head-to-head
Rival awardedElecon Engineering awardedOthers

About Elecon Engineering Company Limited

Elecon Engineering Company Limited appears as a bidder on 28 government tenders on record, from 5 buyer authorities in 2 states. Of its 28 decided bids, it was awarded 23 — a 82.1% win rate — worth ₹10.4 Cr in total. Its most recent award on record is from 5 Aug 2026.

Its largest buyer by awarded value is NTPC Limited, at 47.1% of what it has won, out of 4 authorities that have awarded it work. Most of its awards come from Madhya Pradesh and Odisha. On priced bids, its median quote is the lowest (L1).

It most often bids against SEW EURODRIVE INDIA PVT LTD, ISGEC Heavy Engineering Limited and Max-Gears Pvt Ltd. SEW EURODRIVE INDIA PVT LTD bid on 2 of the same tenders and won 2 of them; Elecon Engineering Company Limited won 0.

This profile is built from what portals disclose publicly. Several states never release bidder lists or quoted prices, so it likely understates a company's true footprint. Companies are matched by the name they bid under, so firms sharing a common name can appear together. A tender counts as won when the company received the award. TenderShark compiles these public records independently and has no association with any government portal, buyer, or bidder.