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Lakshmi Precision Tools
3.8
based on 39 Reviews
Company Overview
Company Locations
Working at Lakshmi Precision Tools
Company Summary
Lakshmi Precision Tools focuses on manufacturing precision metal parts and assemblies, catering to industries such as textiles, engineering, and medical applications.
Overall Rating
3.8/5
based on 39 reviews
3% below
industry average
Critically rated for
Promotions, Company culture, Work satisfaction
Work Policy
Monday to Saturday
88% employees reported
Strict timing
52% employees reported
Within city
48% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
2 employees reported
Office cab/shuttle
1 employee reported
Child care facility
1 employee reported
Free meal
1 employee reported
View all benefits
About Lakshmi Precision Tools
Founded in1983 (42 yrs old)
India Employee Count501-1k
Global Employee Count--
India HeadquartersCoimbatore, India
Office Locations
--
Websitelptindia.com
Primary Industry
Other Industries
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Lakshmi Precision Tools Limited (LPT), a public limited company, established in 1983 where it is chosen to focus on Metal Parts, sub assemblies for Textile, Engineering & Medical applications.
LPT specializes in production of Thin Walled High Pressure / Gravity Die Castings, High Precision Machined Components, Fabricated Sheet Metal Components & Ready-to-fit Sub-assemblies for Industrial applications.
Our infrastructure includes a full fledged Tool Room, R&D Centre, Chemical & Mechanical Testing Laboratories and latest version of Design Software to enhance designing abilities.
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Lakshmi Precision Tools Ratings
based on 39 reviews
Overall Rating
3.8/5
How AmbitionBox ratings work?
5
14
4
16
3
6
2
0
1
3
Category Ratings
3.4
Work-life balance
3.4
Skill development
3.3
Job security
3.3
Salary
3.3
Work satisfaction
3.1
Company culture
3.0
Promotions
Lakshmi Precision Tools is rated 3.8 out of 5 stars on AmbitionBox, based on 39 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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Lakshmi Precision Tools Reviews
Top mentions in Lakshmi Precision Tools Reviews
Compare Lakshmi Precision Tools with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.8/5 based on 39 reviews | 4.1/5 based on 1.8k reviews | 3.8/5 based on 873 reviews | 3.9/5 based on 3.1k reviews |
Highly Rated for | No highly rated category | Job security Work-life balance Skill development | Work-life balance | Job security |
Critically Rated for | Promotions Company culture Salary | No critically rated category | Promotions | Promotions |
Primary Work Policy | - | Work from office 83% employees reported | Work from office 79% employees reported | Work from office 84% employees reported |
Rating by Women Employees | 5.0 Excellent rated by 1 women | 4.2 Good rated by 216 women | 3.8 Good rated by 64 women | 3.7 Good rated by 249 women |
Rating by Men Employees | 3.6 Good rated by 36 men | 4.1 Good rated by 1.4k men | 3.9 Good rated by 767 men | 3.9 Good rated by 2.7k men |
Job security | 3.3 Average | 4.2 Good | 3.4 Average | 4.1 Good |
View more
Lakshmi Precision Tools Salaries
Lakshmi Precision Tools salaries have received with an average score of 3.3 out of 5 by 39 employees.
Assistant Engineer
(17 salaries)
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₹2 L/yr - ₹5 L/yr
Production Engineer
(7 salaries)
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₹2.4 L/yr - ₹7 L/yr
Technical Associate
(7 salaries)
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₹2.9 L/yr - ₹3.5 L/yr
Senior Engineer
(6 salaries)
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₹3.3 L/yr - ₹7.2 L/yr
Staff Trainee
(6 salaries)
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₹1.5 L/yr - ₹1.9 L/yr
Design Engineer
(4 salaries)
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₹3 L/yr - ₹4.4 L/yr
Production Supervisor
(4 salaries)
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₹1.2 L/yr - ₹2.4 L/yr
Purchase Engineer
(4 salaries)
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₹3.5 L/yr - ₹5.9 L/yr
Material Planning Engineer
(3 salaries)
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₹1.4 L/yr - ₹2.5 L/yr
Accountant
(3 salaries)
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₹1.7 L/yr - ₹3.1 L/yr
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Lakshmi Precision Tools FAQs
When was Lakshmi Precision Tools founded?
Lakshmi Precision Tools was founded in 1983. The company has been operating for 42 years primarily in the Industrial Machinery sector.
Where is the Lakshmi Precision Tools headquarters located?
Lakshmi Precision Tools is headquartered in Coimbatore.
How many employees does Lakshmi Precision Tools have in India?
Lakshmi Precision Tools currently has approximately 700+ employees in India.
Does Lakshmi Precision Tools have good work-life balance?
Lakshmi Precision Tools has a work-life balance rating of 3.4 out of 5 based on 30+ employee reviews on AmbitionBox. 23% employees rated Lakshmi Precision Tools 3 or below, while 77% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read Lakshmi Precision Tools reviews for more details
Is Lakshmi Precision Tools good for career growth?
Career growth at Lakshmi Precision Tools is rated as moderate, with a promotions and appraisal rating of 3.0. 23% employees rated Lakshmi Precision Tools 3 or below, while 77% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Lakshmi Precision Tools reviews for more detailed insights.
What are the cons of working in Lakshmi Precision Tools?
Working at Lakshmi Precision Tools does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, company culture and work satisfaction, based on 30+ employee reviews on AmbitionBox.
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