ELGI Equipments Material Engineer Salaries by 3 Employees (Updated 2025)

5 - 7 years exp.

₹9.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

83% more than the average Material Engineer Salary in Industrial Machinery Companies for 5 - 7 years of experience

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Last Updated: 20 Oct 2024

Companies similar to ELGI Equipments for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Voltas Material Engineer Salary 6 - 7 years exp. (3 salaries)	₹1.7 L/yr - ₹5.4 L/yr 63% less
Thermax Limited Material Engineer Salary 1 - 10 years exp. (5 salaries)	₹3.3 L/yr - ₹8 L/yr 42% less
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Isgec Heavy Engineering Material Engineer Salary 5 - 8 years exp. (7 salaries)	₹6.5 L/yr - ₹6.9 L/yr 40% less
Kirloskar Oil Engines Material Engineer Salary 5 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹3.6 L/yr 68% less
Lohia Group Material Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 68% less

Material Engineer salary at ELGI Equipments ranges between ₹9.5 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of ELGI Equipments.

Experience wise ELGI Equipments Material Engineer salaries

Last Updated: 20 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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7 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

Similar Designation salaries in ELGI Equipments

Senior Engineer Salary

(134 salaries)

₹5 L/yr - ₹15 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Quality Engineer Salary

(8 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(17 salaries)

₹3.1 L/yr - ₹6 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Deputy Manager Salary

(81 salaries)

₹7 L/yr - ₹15 L/yr

Project Manager Salary

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₹11.5 L/yr - ₹22 L/yr

Salary related reviews for ELGI Equipments

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Coimbatore

Full Time

Research & Development Department

2.0

• posted on 24 May 2024

2.0

for Salary and Benefits

Likes

Quick design and development cycle. Complete ownership of the product design lifecycle.

Dislikes

R&D management Poor compensation Terrible work ethics Poor project planning Occasional harrassment High work pressure with poor design infrastructure

Salary - Poor

+5 more

Senior Engineer in Coimbatore

Full Time

Procurement & Supply Chain Department

3.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

Elgi is growing company with good hopes and it's good for new joinee with 4 to 5 years of intial work life to learn new things and work freely. It gives more opportunity for a new aspirants.

Job security - Excellent

+1 more

Dislikes

The salary hikes are not upto the market standards .

Salary - Bad

+2 more

Senior Engineer in Coimbatore

Research & Development Department

3.0

• posted on 04 Aug 2019

3.0

for Salary and Benefits

Likes

MD's ideology is good. Besides that there are some very nice people at ElGi who are both friendly and supportive.

Skill development - Good

+1 more

Dislikes

Probably need to give more compensation pertaining to the market. Work culture is improving...but need to improve more

Area Sales Manager in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 06 Nov 2024

5.0

for Salary and Benefits

Likes

Boss culture is not in Elgi . Boss are very supportive to drive and handle responsibilities

Salary - Excellent

+6 more

Dislikes

Car policy should be revised at manager level and salary structure at manager level should be distinguished with lower bands

Deputy Manager Accounts-OTC in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 12 Dec 2024

4.0

for Salary and Benefits

Likes

... company’s growth. You easily access to talk & discussions with management team. Whatever situation is comes you get your salary last working day for the month.Work from anywhere facility world wide.You are responsible for your job, no one force you to do work for late evening or weekends.

Salary - Good

+4 more

Dislikes

As a finance professional under S& S team, that basis very low opportunity to next level as well as training & upgrade.

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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ELGI Equipments Material Engineer Salary FAQs

What is the notice period for Material Engineer at ELGI Equipments?

According to AmbitionBox, 100% of the ELGI Equipments Material Engineers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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ELGI Equipments Material Engineer Salaries

ELGI Equipments Material Engineer salary in India ranges between ₹9.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 ELGI Equipments latest salaries received from various employees of ELGI Equipments.