Hofincons Group Hyderabad / Secunderabad Material Engineer Salaries by 6 Employees (Updated 2025)

2 - 5 years exp.

₹2.2 Lakhs - ₹3.1 Lakhs

Salary of majority employees

34% less than the average Material Engineer Salary in Financial Services Companies for 2 - 5 years of experience

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Salaries in different departments

Consulting Material Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.4 L/yr
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Procurement & Supply Chain Material Engineer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr

Last Updated: 22 Sep 2024

Companies similar to Hofincons Group for Material Engineer in Hyderabad / Secunderabad

Hofincons Group Material Engineer Salary

2 - 5 years exp. (6 salaries)

₹2.2 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Pilog Material Engineer Salary 0 - 7 years exp. (63 salaries)	₹1.3 L/yr - ₹5.6 L/yr 17% more	1 job opening
Prumatech Infosystems Material Engineer Salary 1 - 5 years exp. (5 salaries)	₹1 L/yr - ₹3.5 L/yr 14% less
Login to view exact salary
MTAR Technologies Material Engineer Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.2 L/yr At par
PiLog Group Material Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹2.6 L/yr 24% less
Aparna - Craft Material Engineer Salary 4 - 7 years exp. (4 salaries)	₹4.8 L/yr - ₹7.1 L/yr 86% more

Material Engineer salary at Hofincons Group ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Hofincons Group.

Experience wise Hofincons Group Material Engineer salaries in Hyderabad / Secunderabad

Last Updated: 22 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.9 L/yr
3 years (3 salaries)	₹2.6 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹5.7 L/yr

Similar Designation salaries in Hofincons Group

Junior Engineer Salary

(8 salaries)

₹2.4 L/yr - ₹3 L/yr

Project Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹4 L/yr

Salary related reviews for Hofincons Group

4.0

Rated by 2 employees for salary & benefits

Senior Engineer in Korba

Project & Program Management Department

5.0

• posted on 14 Feb 2018

4.0

for Salary and Benefits

Likes

Basically in India salaries are not paid in time but the company has a good reputation in salary payments. You can enjoy working in it.

Salary - Good

+6 more

Dislikes

Nothing -As Mr.Abdul Khalam said -Love your work and not your company - So working is enjoyable when you sincerely work

Electrical Supervisor in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

In my current site be a great thank full to my head of company because this area learning things lot of available here and work environment its a very good conditions and last thing co workers also good

Skill development - Good

+5 more

Dislikes

Salary wise worst otherwise its a good company

Mechanical Engineer in Chennai

Function and Erection Department

3.0

• posted on 01 Oct 2017

3.0

for Salary and Benefits

Likes

The company is good to adapt the knowledge of execution in mechanical but they don't be the perfect one at the process of salary, it will be not good to survive in all over India .They should be mind that and increase the salary for these peoples who doing the job as a site engineer.

Skill development - Excellent

+2 more

Dislikes

Less job security and not able to do a life balance job.And low salary is very big issue on this company.

Promotions - Poor

+1 more

Senior Safety Officer in UAIL, Rayagada, Odisha

Full Time

Environment Health & Safety Department

5.0

• posted on 13 May 2022

4.0

for Salary and Benefits

Likes

Its culture is more enthusiastic, Teammates are more supportive, management transparent. Company policy is good and also safety culture is more elicit so that it helps to gain the better mind set for the betterment of Hofincons.

Salary - Good

+6 more

Dislikes

Management transparent but need more frequent at the assignment. Salary is decent but carrier growth is slow.

Head Of Department Electrical And Instrumentation in Goa

Production, Manufacturing & Engineering Department

5.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Job security depending on contract so rate Average, job culture good due to full responsibility with freedom also backup , company policy good but after lockdown some problems occurred as informed to low payment and not allowed for job joining and till jobless

Skill development - Good

+4 more

Dislikes

Dislike as low job security while contract end with company or any problems, employee to be shifted or to be transferred to other company by Hofincons company but after lockdown same problem I faced

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Hofincons Group Material Engineer Salary FAQs

What is the salary of Material Engineer at Hofincons Group Hyderabad / Secunderabad?

Material Engineer salary at Hofincons Group in Hyderabad / Secunderabad ranges between ₹2.2 Lakhs to ₹3.1 Lakhs for experience between 2 years to 5 years. According to our estimates it is 34% less than the average Material Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Hofincons Group Hyderabad / Secunderabad.

How does the salary of a Material Engineer at Hofincons Group Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Material Engineer at Hofincons Group is 34% less than the average salary of a Material Engineer in Hyderabad / Secunderabad. To know exact salary insights, login to view.

Which similar companies are paying more than Hofincons Group to a Material Engineer in Hyderabad / Secunderabad?

Aparna - Craft Material Engineer Salary - ₹4.8 Lakhs to ₹7.1 Lakhs per year
Pilog Material Engineer Salary - ₹1.3 Lakhs to ₹5.6 Lakhs per year
MTAR Technologies Material Engineer Salary - ₹3.0 Lakhs to ₹3.2 Lakhs per year

What is the salary of a Material Engineer in companies similar to Hofincons Group in Hyderabad / Secunderabad?

Prumatech Infosystems Material Engineer Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year
PiLog Group Material Engineer Salary - ₹2.2 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Material Engineer at Hofincons Group in Hyderabad / Secunderabad?

The estimated take-home salary of a Material Engineer at Hofincons Group ranges between ₹22,203 per month to ₹23,684 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Hofincons Group Material Engineer salary in India which ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Material Engineer at Hofincons Group in Hyderabad / Secunderabad?

According to AmbitionBox, 100% of the Hofincons Group Material Engineers in Hyderabad / Secunderabad reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Hofincons Group Material Engineer Salaries in Hyderabad / Secunderabad

Hofincons Group Material Engineer salary in Hyderabad / Secunderabad ranges between ₹2.2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Hofincons Group latest salaries received from various employees of Hofincons Group.