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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.
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Annual salary range
8 - 16 years exp.
₹8.9
Lakhs - ₹16.8
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary59% less than the average Principal Engineer Salary in Industrial Machinery Companies for 8 - 16 years of experience
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Salaries in different departments
Engineering - Software & QA
Principal Engineer Salary
8 - 16
years
exp.
(6
salaries)
|  ₹8.9 L/yr - ₹12.6 L/yr |
Research & Development
Principal Engineer Salary
8 - 14
years
exp.
(6
salaries)
| ₹9.1 L/yr - ₹13.2 L/yr |
Login to view exact salary
| |
Engineering - Hardware & Networks
Principal Engineer Salary
10 - 13
years
exp.
(AmbitionBox Estimate)
| ₹13 L/yr - ₹16.8 L/yr |
Companies similar to ELGI Equipments for Principal Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Thermax Limited Principal Engineer Salary
4 years exp. (4 salaries) | ₹5.4 L/yr - ₹6.9 L/yr 
53%
less | |
 Siemens Principal Engineer Salary
13 - 14 years exp. (3 salaries) | ₹19.9 L/yr - ₹31 L/yr 
77%
more | 1 job opening |
Login to view exact salary
| ||
 ESAB Principal Engineer Salary
9 - 16 years exp. (3 salaries) | ₹11.8 L/yr - ₹17.3 L/yr
19%
more | |
 HARMAN Principal Engineer Salary
9 - 16 years exp. (454 salaries) | ₹16.7 L/yr - ₹50.6 L/yr
178%
more | 3 job openings |
 Hughes Systique Corporation Principal Engineer Salary
6 - 10 years exp. (253 salaries) | ₹11 L/yr - ₹28 L/yr
65%
more | |
Principal Engineer salary at ELGI Equipments ranges between ₹8.9
Lakhs
to ₹16.8
Lakhs
per year for employees with experience between 8 years to 16 years. Salary
estimates are based on
14 latest salaries received
from various employees of ELGI Equipments.
Latest annual salaries shared by ELGI Equipments Principal Engineer
5d ago
10
years
exp.
1w ago
11
years
exp.
1w ago
16
years
exp.
7mo ago
13
years
exp.
11mo ago
10
years
exp.
11mo ago
15
years
exp.
1y ago
15
years
exp.
1y ago
14
years
exp.
1y ago
9
years
exp.
1y ago
8
years
exp.
Experience wise ELGI Equipments Principal Engineer salaries
Last Updated: 17 Dec 2024
| Experience | Avg Annual Salary |
|---|---|
| 8 years (AmbitionBox Estimate) |
₹9.1
L/yr
- ₹24.1
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹12.6
L/yr
- ₹23.8
L/yr
|
Login to view exact salary
| |
| 10 years (AmbitionBox Estimate) |
₹11.8
L/yr
- ₹16.8
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹5.2
L/yr
- ₹13.2
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹12.5
L/yr
- ₹23.1
L/yr
|
View all
Similar Designation salaries in ELGI Equipments
Salary related reviews for ELGI Equipments
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Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a product owner
Salary -- Accepted Offer
I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience.
Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining.
*My interview went really well. But HR low balled just becuase of current salary
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ELGI Equipments Principal Engineer Salary FAQs
What is the salary of Principal Engineer at ELGI Equipments?
Principal Engineer salary at ELGI Equipments in India ranges between ₹8.9 Lakhs to ₹16.8 Lakhs for experience between 8 years to 16 years. According to our estimates it is 59% less than the average Principal Engineer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of ELGI Equipments India.
How does the salary of a Principal Engineer at ELGI Equipments India compare with the average salary range for this job?
The average salary of a Principal Engineer at ELGI Equipments is 59% less than the average salary of a Principal Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than ELGI Equipments to a Principal Engineer in India?
- HARMAN Principal Engineer Salary - ₹16.7 Lakhs to ₹50.6 Lakhs per year
- Siemens Principal Engineer Salary - ₹19.9 Lakhs to ₹31.0 Lakhs per year
- Hughes Systique Corporation Principal Engineer Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year
- ESAB Principal Engineer Salary - ₹11.8 Lakhs to ₹17.3 Lakhs per year
What is the salary of a Principal Engineer in companies similar to ELGI Equipments in India?
- Thermax Limited Principal Engineer Salary - ₹5.4 Lakhs to ₹6.9 Lakhs per year
What is the estimated take home salary of a Principal Engineer at ELGI Equipments in India?
The estimated take-home salary of a Principal Engineer at ELGI Equipments ranges between ₹90,655 per month to ₹93,039 per month in India. The take-home salary calculation is based on the average ELGI Equipments Principal Engineer salary in India which ranges between ₹8.9 Lakhs to ₹16.8 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Principal Engineer at ELGI Equipments?
According to AmbitionBox, 90% of the ELGI Equipments Principal Engineers reported a notice period of 3 Months, 10% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.
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ELGI Equipments Principal Engineer salary
in
India
ranges between ₹8.9
Lakhs to ₹16.8
Lakhs with an average annual salary of
₹. Salary estimates are based on
14
ELGI Equipments latest salaries received from various employees of
ELGI Equipments.