Lakshmi Precision Screws Engineer Salaries by 5 Employees (Updated 2025)

14 - 28 years exp.

₹5.4 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Engineer Salary in Industrial Machinery Companies for 14 - 28 years of experience

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Salaries in different departments

Research & Development Engineer Salary 23 - 27 years exp. (3 salaries)	₹5.4 L/yr - ₹6.6 L/yr
Production, Manufacturing & Engineering Engineer Salary 28 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr
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Quality Assurance Engineer Salary 14 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 13 Feb 2025

Companies similar to Lakshmi Precision Screws for Engineer

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works Engineer Salary 1 - 10 years exp. (255 salaries)	₹2.5 L/yr - ₹8 L/yr 5% more	3 job openings
Isgec Heavy Engineering Engineer Salary 1 - 12 years exp. (126 salaries)	₹3.1 L/yr - ₹9 L/yr 16% more
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Action Construction Equipment Engineer Salary 1 - 8 years exp. (111 salaries)	₹2 L/yr - ₹5.5 L/yr 33% less
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EMERSON PROCESS MANAGEMENT Engineer Salary 0 - 9 years exp. (92 salaries)	₹2 L/yr - ₹10 L/yr 19% more
Lohia Group Engineer Salary 2 - 8 years exp. (84 salaries)	₹2.4 L/yr - ₹7 L/yr 24% less
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Kirloskar Oil Engines Engineer Salary 0 - 9 years exp. (37 salaries)	₹2.6 L/yr - ₹7 L/yr 18% less
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Engineer salary at Lakshmi Precision Screws ranges between ₹5.4 Lakhs to ₹6 Lakhs per year for employees with experience between 14 years to 28 years. Salary estimates are based on 5 latest salaries received from various employees of Lakshmi Precision Screws.

Experience wise Lakshmi Precision Screws Engineer salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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15+ years (4 salaries)	₹5.5 L/yr - ₹6 L/yr

Similar Designation salaries in Lakshmi Precision Screws

Senior Engineer Salary

(6 salaries)

₹6 L/yr - ₹6.25 L/yr

Junior Engineer Salary

(3 salaries)

₹5.1 L/yr - ₹6 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Executive Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.2 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Production Engineer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Deputy Manager Salary

(4 salaries)

₹6.2 L/yr - ₹7.2 L/yr

Salary related reviews for Lakshmi Precision Screws

Senior Engineer in Rohtak

Production, Manufacturing & Engineering Department

1.0

• posted on 16 Jul 2020

1.0

for Salary and Benefits

Likes

Lockdown m bhi employees ko ek paisa bhi nahi mila. No salary given from last 2 years Cmd and other directors are not interested to work for lps company and their employees

Dislikes

...in this world. They are not thinking about their employees and their families. No salary given to employees since last 2 years. Now you guess about them.

Salary - Bad

+6 more

Asstt . Manager In HRM in Rohtak

Customer Success, Service & Operations Department

5.0

• posted on 19 Jul 2021

3.0

for Salary and Benefits

Likes

I am working in the company from 25+ years and overall experience is very good.

Skill development - Excellent

+2 more

Dislikes

There is a lot of politics and the union of the workers forced to management ever. Salary is ok but career growth is too slow.

Job security - Poor

Production Supervisor in Rohtak

Production, Manufacturing & Engineering Department

4.0

• posted on 14 Aug 2018

4.0

for Salary and Benefits

Likes

Lakshmi pericision screws Ltd is a world class company we export lots of products. The company is open to innovation and adopts latest technology.have high quality products and has a global client base.my colleagues come from various culturel background.its good,we work together friendly working environment.and lots of training session organised there.

Salary - Good

+6 more

Dislikes

Now a day company is not in good 1condition because of their owners. company had lots of orders but no raw material for running plant last six months salary panding of their employees. Company is really good but what's going on no one knows.

Senior Business Development Executive in Rohtak

Business development Department

1.0

• posted on 29 Mar 2019

1.0

for Salary and Benefits

Likes

... auch a big company. LPS plant 2 was the good place to work in Rohtak city only. Salary and culture was goos initially.

Dislikes

... single command which was CMD. There was no control of boss on his subordinates. No control on salary hike or promotion. Each and similar level of employees were getting same increments and there was no system of performance appraisals.

Salary - Bad

+4 more

Senior Engineer in Hissar Chaouk, Rohtak, Haryana, 124001

Supplier Quality Department

5.0

• posted on 05 Nov 2022

5.0

for Salary and Benefits

Likes

Laxmi precesion screws group of industry is father industry of rohtak city, first time system launch in India launch in lps. Northern india best industry. Universal is also well growing. 🦅 love to work here.

Salary - Excellent

+6 more

Dislikes

Nothing to dislike.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Lakshmi Precision Screws Engineer Salary FAQs

What is the salary of Engineer at Lakshmi Precision Screws ?

The average salary of a Engineer at Lakshmi Precision Screws in India typically ranges from ₹5.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 14 years to 28 years).

The top 10% of Engineer at Lakshmi Precision Screws earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Engineer Salaries at Lakshmi Precision Screws can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Lakshmi Precision Screws employees in India.

What is the estimated take home salary of a Engineer at Lakshmi Precision Screws in India?

The estimated take-home salary of a Engineer at Lakshmi Precision Screws in India typically ranges from ₹43,209 to ₹44,327 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 14 years to 28 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Lakshmi Precision Screws. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lakshmi Precision Screws for Engineer in India?

Air India Engineering Services	₹1.3 Lakhs to ₹18.8 Lakhs per year
TPI Composites	₹6.5 Lakhs to ₹11.9 Lakhs per year
Vesuvius	₹3.9 Lakhs to ₹12.0 Lakhs per year
Ingersoll Rand	₹4.5 Lakhs to ₹12.4 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹2.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lakshmi Precision Screws, depending on the role and experience level.

What is the salary of a Engineer in companies similar to Lakshmi Precision Screws in India?

The salary of a Engineer at companies similar to Lakshmi Precision Screws in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Isgec Heavy Engineering	₹3.1 Lakhs to ₹9.0 Lakhs per year
Lakshmi Machine Works	₹2.5 Lakhs to ₹8.0 Lakhs per year
Timken	₹3.1 Lakhs to ₹8.5 Lakhs per year
ABB	₹2.0 Lakhs to ₹8.6 Lakhs per year
ESAB	₹4.0 Lakhs to ₹6.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Engineer at Lakshmi Precision Screws in India?

The salary growth for a Engineer at Lakshmi Precision Screws depends on factors such as experience, performance, and promotions. On average, a Engineer can expect the following growth trajectory at Lakshmi Precision Screws:

Experience	Average Salary Range
14 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
15 years	₹5.5 Lakhs to ₹6.0 Lakhs per year

and so on.

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Lakshmi Precision Screws Engineer Salaries

Lakshmi Precision Screws Engineer salary in India ranges between ₹5.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lakshmi Precision Screws latest salaries received from various employees of Lakshmi Precision Screws.