Precihole Machine Tools Mumbai Design Engineer Salaries by 10 Employees

1 - 4 years exp.

₹2.2 Lakhs - ₹4.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Design Engineer Salary in Industrial Machinery Companies for 1 - 4 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹4.9 L/yr
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Project & Program Management Design Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr

Last Updated: 2 Jul 2023

Companies similar to Precihole Machine Tools for Design Engineer in Mumbai

Precihole Machine Tools Design Engineer Salary

1 - 4 years exp. (10 salaries)

₹2.2 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Technosoft Engineering Projects Limited Design Engineer Salary 1 - 8 years exp. (123 salaries)	₹2.5 L/yr - ₹9 L/yr 68% more	9 job openings
Jacobs Engineering Group Design Engineer Salary 2 - 11 years exp. (85 salaries)	₹4.1 L/yr - ₹15 L/yr 200% more
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Larsen & Toubro Limited Design Engineer Salary 1 - 8 years exp. (81 salaries)	₹1.8 L/yr - ₹9.2 L/yr 67% more	7 job openings
Selec Controls Design Engineer Salary 0 - 5 years exp. (63 salaries)	₹2.4 L/yr - ₹9.8 L/yr 68% more
Worley Design Engineer Salary 3 - 11 years exp. (62 salaries)	₹5 L/yr - ₹16.5 L/yr 195% more

Design Engineer salary at Precihole Machine Tools ranges between ₹2.2 Lakhs to ₹4.9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 10 latest salaries received from various employees of Precihole Machine Tools.

Experience wise Precihole Machine Tools Design Engineer salaries in Mumbai

Last Updated: 2 Jul 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
2 years (3 salaries)	₹2.2 L/yr - ₹4 L/yr
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3 years (4 salaries)	₹3 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Top skills at Precihole Machine Tools for Design Engineer

Solid Works AutoCAD

Salary related reviews for Precihole Machine Tools

Assembly & Production Engineer in Bhiwandi

Full Time

Research & Development Department

3.0

• posted on 18 Feb 2022

2.0

for Salary and Benefits

Likes

... easily make your growth.in addition that there's no any stability in increment. salary growth is very low.

Dislikes

job security, no increments,politics

Salary - Poor

+4 more

ITI Fitter in Thane

Full Time

Other Department

5.0

• posted on 01 Jan 2023

5.0

for Salary and Benefits

Likes

Precihole Gun Drilling machine/ Precihole Deep Hole Gun Drilling machine/ Gun Drilling machine Manufacturers Indian

Salary - Excellent

+6 more

Dislikes

Precihole sports Pvt Ltd . Manufacturers Indian in Maharashtra. A/272 Rd Number 16A Ambica Nagar Wagle industrial Estate Thane (w) Thane Maharashtra 400604

Senior Electrical Maintenance Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Jan 2025

3.0

for Salary and Benefits

Likes

The directors are very open and honest .We can reach them very easily and discussed our technical and personal issue.

Skill development - Good

Dislikes

Some top officer is corrupted and misuse the power and misguide to directors. Many careless employee affet and the loss in the growth of company.

Engineer Trainee in Thane

Mechanical Department

1.0

• posted on 16 Mar 2022

1.0

for Salary and Benefits

Likes

No Job security, internal politics, Nothing to like

Dislikes

Management don't think about employees they only support to managers who plays politics.. unnecessary pressure and bad words are using to entertain.. only chamchas log will stick to boss so boss benefits them.. other people have no space here.. if you are thinking in to join don't do such felony.. Work anywhere else except this. Only design department is ok.. manufacturing dept. Is joke and you'll never grow here because of politics

Salary - Bad

+6 more

Sales Manager in Mumbai

Sales Department

2.0

• posted on 13 Sep 2020

3.0

for Salary and Benefits

Likes

Company got good reputation in their field.

Dislikes

No stability specifically in machine sales department. In last ten years 6-7 Sales people has left Precihole. No system in Sales department. No distribution of work or responsibilities. They keep on hiring Sales people without any proper objective and agenda, which is waste of time and energy for new employee. They expect result in short time, don't give enough time to settle down.

Skill development - Poor

+4 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Precihole Machine Tools Design Engineer Salary FAQs

What is the salary of Design Engineer at Precihole Machine Tools in Mumbai?

The average salary of a Design Engineer at Precihole Machine Tools in Mumbai typically ranges from ₹2.2 Lakhs to ₹4.9 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Design Engineer in Mumbai at Precihole Machine Tools earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Design Engineer Salaries at Precihole Machine Tools 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 10 Precihole Machine Tools employees in India.

What is the estimated take home salary of a Design Engineer at Precihole Machine Tools in Mumbai?

The estimated take-home salary of a Design Engineer at Precihole Machine Tools in Mumbai typically ranges from ₹24,905 to ₹26,345 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from 1 year to 4 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 10 salaries received from various employees of Precihole Machine Tools. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Design Engineer at Precihole Machine Tools in Mumbai?

To be a Design Engineer at Precihole Machine Tools in Mumbai, the key skills required include:

- Solid Works
- AutoCAD

These skills are highly valued at Precihole Machine Tools and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Precihole Machine Tools for Design Engineer in India?

Jacobs Engineering Group	₹4.1 Lakhs to ₹15.0 Lakhs per year
Worley	₹5.0 Lakhs to ₹16.5 Lakhs per year
Selec Controls	₹2.4 Lakhs to ₹9.8 Lakhs per year
Technosoft Engineering Projects Limited	₹2.5 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited	₹1.8 Lakhs to ₹9.2 Lakhs per year

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

How the salary growth look like for a Design Engineer at Precihole Machine Tools in Mumbai?

The salary growth for a Design Engineer at Precihole Machine Tools in Mumbai depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Mumbai can expect the following growth trajectory at Precihole Machine Tools:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.2 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹4.8 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Precihole Machine Tools Design Engineer Salaries in Mumbai

Precihole Machine Tools Design Engineer salary in Mumbai ranges between ₹2.2 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Precihole Machine Tools latest salaries received from various employees of Precihole Machine Tools.