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Lakshmi Precision Tools
4.0
based on 35 Reviews
Company Overview
Company Locations
Working at Lakshmi Precision Tools
Company Summary
Overall Rating
4.0/5
based on 35 reviews
On-Par
with industry average
Critically rated for
Promotions/Appraisal, Company Culture, Work-Life Balance
Work Policy
Monday to Saturday
88% employees reported
Flexible timing
50% employees reported
Within city
45% 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 35 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
12
4
15
3
6
2
0
1
2
Category Ratings
3.5
Skill Development
3.4
Job Security
3.4
Work Satisfaction
3.4
Salary & Benefits
3.4
Work-Life Balance
3.3
Company Culture
2.9
Promotions/Appraisal
Lakshmi Precision Tools is rated 4.0 out of 5 stars on AmbitionBox, based on 35 company reviews. This rating reflects a generally positive employee experience, indicating 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 | 4.0/5 based on 35 reviews | 4.2/5 based on 1.7k reviews | 3.9/5 based on 829 reviews | 3.9/5 based on 3k reviews |
Highly Rated for | No highly rated category | Job Security Work-Life balance Company culture | Work-Life balance Skill development | Job Security |
Critically Rated for | Promotion/Appraisals Company culture Work-Life balance | No critically rated category | Promotion/Appraisals | Promotion/Appraisals |
Primary Work Policy | - | Work from office 86% employees reported | Work from office 76% employees reported | Work from office 84% employees reported |
Rating by Women Employees | 5.0 Excellent rated by 1 women | 4.3 Good rated by 197 women | 3.8 Good rated by 57 women | 3.7 Good rated by 246 women |
Rating by Men Employees | 3.8 Good rated by 32 men | 4.2 Good rated by 1.3k men | 4.0 Good rated by 730 men | 3.9 Good rated by 2.6k men |
Job Security | 3.4 Average | 4.2 Good | 3.5 Good | 4.1 Good |
View more
Lakshmi Precision Tools Salaries
3.4
rated by 35 employees for salariesAssistant 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
Quality Engineer
(4 salaries)
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₹2.4 L/yr - ₹4.5 L/yr
Material Planning Engineer
(3 salaries)
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₹1.4 L/yr - ₹2.5 L/yr
Lakshmi Precision Tools Offices
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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 poor, with a promotions and appraisal rating of 2.9. 23% employees rated Lakshmi Precision Tools 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. 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 life balance, based on 30+ employee reviews on AmbitionBox.
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