Pricol Engineering Industries Material Engineer Salaries by 5 Employees

6 - 14 years exp.

₹3.8 Lakhs - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Material Engineer Salary in Auto Components Companies for 6 - 14 years of experience

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Last Updated: 3 Aug 2024

Companies similar to Pricol Engineering Industries for Material Engineer

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Material Engineer Salary 1 - 2 years exp. (3 salaries)	₹1 L/yr - ₹2.2 L/yr 64% less
Prumatech Infosystems Material Engineer Salary 1 - 5 years exp. (101 salaries)	₹1 L/yr - ₹4 L/yr 29% less
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Pilog Material Engineer Salary 0 - 6 years exp. (67 salaries)	₹1.5 L/yr - ₹5.6 L/yr 5% less
Hofincons Infotech & Industrial Services Material Engineer Salary 1 - 5 years exp. (23 salaries)	₹1.8 L/yr - ₹4 L/yr 39% less
Dilip Buildcon Material Engineer Salary 7 - 19 years exp. (23 salaries)	₹6.2 L/yr - ₹10 L/yr 107% more

Material Engineer salary at Pricol Engineering Industries ranges between ₹3.8 Lakhs to ₹4.1 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Pricol Engineering Industries.

Experience wise Pricol Engineering Industries Material Engineer salaries

Last Updated: 3 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
14 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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Similar Designation salaries in Pricol Engineering Industries

Senior Engineer Salary

(13 salaries)

₹4.2 L/yr - ₹11 L/yr

Quality Engineer Salary

(29 salaries)

₹1.65 L/yr - ₹4.5 L/yr

Junior Engineer Salary

(10 salaries)

₹1.9 L/yr - ₹3.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

QA QC Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(12 salaries)

₹6.8 L/yr - ₹11.5 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Pricol Engineering Industries

Supervisor in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Aug 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling.company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.there is a bond of 2 year s before which you cannot resign .on the job training is not given to new joiners

Engineer in Coimbatore

CME Department

4.0

• posted on 17 Jul 2021

3.0

for Salary and Benefits

Likes

We can develop our skills and learn new things everyday and also you can learn how to manage the team

Skill development - Excellent

+4 more

Dislikes

Salary hike is the major issue and there will be no event organising for entertainment which is much needed for working people.

Production in Coimbatore

Cnc machine shop Department

1.0

• posted on 21 Nov 2019

1.0

for Salary and Benefits

Likes

Never join this company Management will send u out at any time No salary as committed by offer letter Don’t ever never think to join

Dislikes

Don’t think to join this company I have lost my life because of this company I worked with tier 1 but they made me to join Pricol But they sent me out with in 1.5 years No settlement amount also

Salary - Bad

+6 more

Assistant Manager in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 27 Sep 2023

2.0

for Salary and Benefits

Likes

There is nothing to tell like that.

Dislikes

They doesn’t have proper organisation structure. Especially “businesses development” . Without vision they hire the people and after 6 months or 1 year HR will tell like, there is No business volumes pl. look for some other job

Salary - Poor

+6 more

Production Operator (working remotely)

Intern

Engineering - Hardware & Networks Department

4.0

• posted on 07 Dec 2024

5.0

for Salary and Benefits

Likes

BEST AND NEET WORK AND GOOD INFRASTRUCTURE AND BEST STAFFS

Salary - Excellent

+4 more

Dislikes

COMPANY IS MAINLY NOT FOR ENGINEERING ESPECIALLY (EEE) ENGINEER'S WAHT CAN WE DO?? otherwise Pls put a agreement for ENGINEERS what can we do,at last Engineers are loosers!!

Promotions - Bad

+1 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

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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Pricol Engineering Industries Material Engineer Salary FAQs

What is the salary of Material Engineer at Pricol Engineering Industries ?

The average salary of a Material Engineer at Pricol Engineering Industries in India typically ranges from ₹3.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 6 years to 14 years).

The top 10% of Material Engineer at Pricol Engineering Industries earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Material Engineer Salaries at Pricol Engineering Industries 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 Pricol Engineering Industries employees in India.

What is the estimated take home salary of a Material Engineer at Pricol Engineering Industries in India?

The estimated take-home salary of a Material Engineer at Pricol Engineering Industries in India typically ranges from ₹29,211 to ₹30,587 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 6 years to 14 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 Pricol Engineering Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Pricol Engineering Industries for Material Engineer in India?

Dilip Buildcon

₹6.2 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Material Engineer in companies similar to Pricol Engineering Industries in India?

The salary of a Material Engineer at companies similar to Pricol Engineering Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Pilog	₹1.5 Lakhs to ₹5.6 Lakhs per year
Prumatech Infosystems	₹1.0 Lakhs to ₹4.0 Lakhs per year
Hofincons Infotech & Industrial Services	₹1.8 Lakhs to ₹4.0 Lakhs per year
Samvardhana Motherson Group	₹1.0 Lakhs to ₹2.2 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 Material Engineer at Pricol Engineering Industries in India?

The salary growth for a Material Engineer at Pricol Engineering Industries depends on factors such as experience, performance, and promotions. On average, a Material Engineer can expect the following growth trajectory at Pricol Engineering Industries:

Experience	Average Salary Range
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
8 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
9 years	₹3.6 Lakhs to ₹4.5 Lakhs per year

and so on.

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Pricol Engineering Industries Material Engineer Salaries

Pricol Engineering Industries Material Engineer salary in India ranges between ₹3.8 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Pricol Engineering Industries latest salaries received from various employees of Pricol Engineering Industries.