Renata Precision Components Tool Engineer Salaries by 7 Employees (Updated 2025)

4 - 9 years exp.

₹4 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Tool Engineer Salary in Industrial Machinery Companies for 4 - 9 years of experience

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Last Updated: 7 Jan 2025

Companies similar to Renata Precision Components for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Nash Industries Tool Engineer Salary 5 - 10 years exp. (8 salaries)	₹3.6 L/yr - ₹5.5 L/yr 10% less
Molex Tool Engineer Salary 4 - 10 years exp. (43 salaries)	₹4.2 L/yr - ₹9.7 L/yr 14% more
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INTERPLEX Tool Engineer Salary 5 - 10 years exp. (25 salaries)	₹3 L/yr - ₹5.4 L/yr 18% less
INDO-MIM Tool Engineer Salary 4 - 14 years exp. (23 salaries)	₹21 L/yr - ₹30 L/yr 311% more
Motherson Molds And Diecasting Tool Engineer Salary 1 - 4 years exp. (17 salaries)	₹1.2 L/yr - ₹4.3 L/yr 56% less

Tool Engineer salary at Renata Precision Components ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Renata Precision Components.

Experience wise Renata Precision Components Tool Engineer salaries

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.8 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.1 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.8 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Renata Precision Components

Senior Engineer Salary

(12 salaries)

₹3.7 L/yr - ₹8.04 L/yr

Tool Room Engineer Salary

(32 salaries)

₹2 L/yr - ₹4.7 L/yr

Junior Engineer Salary

(92 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Quality Engineer Salary

(59 salaries)

₹1.8 L/yr - ₹4.9 L/yr

Design Engineer Salary

(6 salaries)

₹2.7 L/yr - ₹8.5 L/yr

Tool Maker Salary

(8 salaries)

₹2.2 L/yr - ₹4 L/yr

Tool & DIE Maker Salary

(4 salaries)

₹2.04 L/yr - ₹5 L/yr

Mechanical Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3.75 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Supervisor Salary

(5 salaries)

₹2.4 L/yr - ₹4 L/yr

Salary related reviews for Renata Precision Components

3.0

Rated by 4 employees for salary & benefits

Final Inspection Inspector in Karandi Pune

Full Time

Quality Assurance Department

1.0

• posted on 09 Jun 2022

1.0

for Salary and Benefits

Likes

Nothing to mention

Dislikes

...hey are not edible. No care is taken of the employees. Work culture is not good. And the most important salary is 30 days late. For this reason employees do not stay here

Salary - Bad

+6 more

QA Engineer in Pune

Quality Assurance Department

4.0

• posted on 15 Nov 2021

3.0

for Salary and Benefits

Likes

If we got a proper department like QA, SCM, BD, PPC, etc. you can get a required knowledge to boost your career.

Job security - Excellent

+1 more

Dislikes

It doesn't provide any canteen facility, poor management can be observed and salary is not in the time.

Supplier Quality Assurance Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

There will be proceess are well settled. Company is growing on YOY. For learning of new technologies,it will be better than other plastic injection molding companies.

Job security - Excellent

Dislikes

There's no any work satisfaction. Work life balance for staff is less. Shift start at 8:30am but for leaving time was 10:30 pm,9:30pm. And during audit period it will goes on 1:30am as well. Depends on HOD's. After doing there's no any satisfaction.

Salary - Poor

+2 more

Junior Engineer in Shirur

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 10 Oct 2024

4.0

for Salary and Benefits

Likes

I like working in Renata Precision Components because it provides us positive culture, opportunities for growth, great teamwork, and engaging projects.

Salary - Good

+6 more

Dislikes

The management of the company should be more responsible when it comes to solving the problems of our team. The food in the company canteen should be improved.

Junior Quality Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 24 Feb 2025

4.0

for Salary and Benefits

Likes

Positive culture Positive culture can make employees feel valued and empowered . Team-work Activities like team building and celebrating achievements. Professional development Companies that invest in their employees' growth.

Salary - Good

+6 more

Dislikes

Nothing.

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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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Renata Precision Components Tool Engineer Salary FAQs

What is the salary of Tool Engineer at Renata Precision Components ?

The average salary of a Tool Engineer at Renata Precision Components in India typically ranges from ₹4.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Tool Engineer at Renata Precision Components earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Tool Engineer Salaries at Renata Precision Components 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 7 Renata Precision Components employees in India.

What is the estimated take home salary of a Tool Engineer at Renata Precision Components in India?

The estimated take-home salary of a Tool Engineer at Renata Precision Components in India typically ranges from ₹38,915 to ₹40,096 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 4 years to 9 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 7 salaries received from various employees of Renata Precision Components. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Renata Precision Components for Tool Engineer in India?

INDO-MIM	₹21.0 Lakhs to ₹30.0 Lakhs per year
Molex	₹4.2 Lakhs to ₹9.7 Lakhs per year

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

What is the salary of a Tool Engineer in companies similar to Renata Precision Components in India?

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

Nash Industries	₹3.6 Lakhs to ₹5.5 Lakhs per year
INTERPLEX	₹3.0 Lakhs to ₹5.4 Lakhs per year
Motherson Molds And Diecasting	₹1.2 Lakhs to ₹4.3 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 Tool Engineer at Renata Precision Components in India?

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

Experience	Average Salary Range
4 years	₹4.0 Lakhs to ₹7.8 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.5 Lakhs per year
7 years	₹5.5 Lakhs to ₹10.1 Lakhs per year

and so on.

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Renata Precision Components Tool Engineer Salaries

Renata Precision Components Tool Engineer salary in India ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Renata Precision Components latest salaries received from various employees of Renata Precision Components.