Mahindra Defence Systems Limited - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

6 including cancelled tenders

Awarded

3 lost · 0 still pending

Awarded value

₹325.7 Cr

of ₹1.9K Cr bid — 17.4% conversion

Win rate

33.3%

of 6 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count6 bids

33.3%

16.7%

50.0%

Awarded233.3%

Pending00.0%

Tech rejected116.7%

Lost350.0%

By value₹1.9K Cr

17.4%

82.6%

Awarded₹325.7 Cr17.4%

Pending₹00.0%

Tech rejected₹43.3 L0.0%

Lost₹1.5K Cr82.6%

Where they win

2 authorities · 0 states

Top buyer organisations

DG,CRPF,MHA₹325.7 Cr100.0%

ReserveBank Information technology Pvt Ltd.₹10.0%

Operating states

LowHigh

2 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

Deloitte Touche Tohmatsu India LLP2 wins · 3 shared tenders

₹43.3 L

won head-to-head

AKS Information Technology Services Pt. Ltd1 win · 2 shared tenders

₹1

won head-to-head

Grant Thornton Bharat LLP1 win · 2 shared tenders

₹1

won head-to-head

TATA ADVANCED SYSTEMS LIMITED1 win · 2 shared tenders

₹482.6 Cr

won head-to-head

Ernst and Young LLP1 win · 2 shared tenders

₹33.0 L

won head-to-head

Nangia & Co LLP0 wins · 1 shared tender

₹0

won head-to-head

Rival awardedMahindra Defence awardedOthers

Recent tenders awarded to Mahindra Defence

Light Category of Bullet Proof Vehicles (Combat Variant)DG,CRPF,MHA · 6 May 2025₹325.7 Cr
Empanelment of service provider for Cyber Security and Forensics Incident Investigation ServicesReserveBank Information technology Pvt Ltd. · 11 Jan 2023₹1

About Mahindra Defence Systems Limited

Mahindra Defence Systems Limited appears as a bidder on 6 government tenders on record, from 4 buyer authorities on central and PSU portals. Of its 6 decided bids, it was awarded 2 — a 33.3% win rate — worth ₹325.7 Cr in total. Its most recent award on record is from 17 Mar 2026.

Its largest buyer by awarded value is DG,CRPF,MHA, at 100.0% of what it has won, out of 2 authorities that have awarded it work. On priced bids, its median quote is 6.5% above the lowest bid (L1).

It most often bids against Deloitte Touche Tohmatsu India LLP, AKS Information Technology Services Pt. Ltd and Grant Thornton Bharat LLP. Deloitte Touche Tohmatsu India LLP bid on 3 of the same tenders and won 2 of them; Mahindra Defence Systems Limited won 1.