Competitor profile

M/S. PRECISION TOOLS ENGINEERING WORKS

They win 35% of what they bid, but only 19% of the value — the bigger bids get away.

20tenders on record
1buyer authority
0states
26 Sept 2024last award
Total bids
20
20 including cancelled tenders
Awarded
7
12 lost · 0 still pending
Awarded value
₹49.7 L
of ₹2.6 Cr bid — 19.2% conversion
Win rate
35.0%
of 20 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big
By count20 bids
35.0%
60.0%
Awarded735.0%
Pending00.0%
Tech rejected15.0%
Lost1260.0%
By value₹2.6 Cr
19.2%
40.2%
40.6%
Awarded₹49.7 L19.2%
Pending₹00.0%
Tech rejected₹1.0 Cr40.2%
Lost₹1.0 Cr40.6%

Where they win

1 authority · 0 states

Top buyer organisations

Operating states

LowHigh

7 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split
01
PIPE-TECH ENGINEERING5 wins · 16 shared tenders
₹33.0 L
won head-to-head
02
SRT Engineering Service3 wins · 15 shared tenders
₹9.0 L
won head-to-head
03
S K BOILERS PVT LTD0 wins · 11 shared tenders
₹0
won head-to-head
04
Vinayaga Engineering Works0 wins · 8 shared tenders
₹0
won head-to-head
05
J DHAKSHANI ENTERPRISES0 wins · 7 shared tenders
₹0
won head-to-head
06
Arudra Engineers Pvt Ltd0 wins · 6 shared tenders
₹0
won head-to-head
Rival awardedPRECISION TOOLS awardedOthers

About M/S. PRECISION TOOLS ENGINEERING WORKS

M/S. PRECISION TOOLS ENGINEERING WORKS appears as a bidder on 20 government tenders on record, from 1 buyer authority on central and PSU portals. Of its 20 decided bids, it was awarded 7 — a 35.0% win rate — worth ₹49.7 L in total. Its most recent award on record is from 26 Sept 2024.

Its largest buyer by awarded value is Madras Fertilizers Limited, at 100.0% of what it has won. On priced bids, its median quote is 7.7% above the lowest bid (L1).

It most often bids against PIPE-TECH ENGINEERING, SRT Engineering Service and S K BOILERS PVT LTD. PIPE-TECH ENGINEERING bid on 16 of the same tenders and won 5 of them; M/S. PRECISION TOOLS ENGINEERING WORKS won 6.

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.