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Sathavahana Ispat Diploma Mechanical Engineer salaries in India

Annual salary range
2 - 4 years exp.
₹0.7 Lakh - ₹2.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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45% less than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 2 - 4 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Sathavahana Ispat for Diploma Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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₹1.3 L/yr - ₹8 L/yr

arrow icon 217% more
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₹1.3 L/yr - ₹2 L/yr

arrow icon 11% more
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₹2 L/yr - ₹3.6 L/yr

arrow icon 79% more
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₹1.8 L/yr - ₹3.4 L/yr

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₹1.6 L/yr - ₹6.5 L/yr

arrow icon 70% more
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ISMT Diploma Mechanical Engineer Salary

0 - 7 years exp. (4 salaries)

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₹2.1 L/yr - ₹3.5 L/yr

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₹0.6 L/yr - ₹5.1 L/yr

arrow icon 46% more
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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 202% more
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₹1.6 L/yr - ₹3 L/yr

arrow icon 47% more
Diploma Mechanical Engineer salary at Sathavahana Ispat ranges between ₹0.7 Lakh to ₹2.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Sathavahana Ispat.

Latest annual salaries shared by Sathavahana Ispat Diploma Mechanical Engineer

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3 years exp.
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3 years exp.
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2 years exp.
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4 years exp.

Experience wise Sathavahana Ispat Diploma Mechanical Engineer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹1.9 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.7 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.4 L/yr

Similar Designation salaries in Sathavahana Ispat

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₹2.05 L/yr - ₹3.6 L/yr
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₹2.5 L/yr - ₹4 L/yr
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₹3.5 L/yr - ₹6.1 L/yr
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₹3.6 L/yr - ₹3.65 L/yr
Service Engineer Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
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₹2.4 L/yr - ₹4.2 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Site Engineer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for Sathavahana Ispat

1.8

Rated by 4 employees for salary & benefits

Full Time

 · 

Other Department

1.0
  •  posted on 19 Jul 2019

1.0
 for  Salary and Benefits

Likes

Teammates are good, their is no job security, no career growth, firstly their is no particular grades/levels for employees.

read more

Dislikes

No increment in salary, no bonus, it's not good for engineers. Diploma candidates are more enough to work in that company.

read more
  • Salary - Bad
  • +6 more

Production, Manufacturing & Engineering Department

3.0
  •  posted on 17 Sep 2017

3.0
 for  Salary and Benefits

Likes

This company is good for learning work and growth is average. Politics is common in all companies.work environment is good. Job security is good. In this company I had to learned more work and given amazing training.

read more
  • Skill development - Good

Dislikes

salary growth is low

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 05 Feb 2023

5.0
 for  Salary and Benefits

Likes

I worked for three years in Shatawan, I was very interested in working there, but the salary was low. If the salary was high, I was not ready to leave there. Now I am in Kuwait. I am interested to work there again if Shatavana company calls me

read more
  • Salary - Excellent
  • +6 more

Dislikes

Good job

Other Department

1.0
  •  posted on 10 Jun 2019

1.0
 for  Salary and Benefits

Likes

It was the terrible experience in my life and regarding career opportunities have no words and work culture is highly bad on a part of it.

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Dislikes

Working in such an environment is without any proper guidance is a terrified experience.

  • Salary - Bad
  • +6 more

Other Department

3.0
  •  posted on 12 Aug 2019

2.0
 for  Salary and Benefits

Likes

The company gives lot of opportunities to new ideas and implementation. The management is very accessible.

  • Skill development - Good

Dislikes

Limited scope for career development. Management is highly influenced by some individuals. Lack of professionalism. Limited staffing.

read more
  • Salary - Poor
  • +2 more
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Sathavahana Ispat Diploma Mechanical Engineer Salary FAQs

What is the salary of Diploma Mechanical Engineer at Sathavahana Ispat ?
The average salary of a Diploma Mechanical Engineer at Sathavahana Ispat in India typically ranges from ₹0.7 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Diploma Mechanical Engineer at Sathavahana Ispat earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Diploma Mechanical Engineer Salaries at Sathavahana Ispat 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 4 Sathavahana Ispat employees in India.
What is the estimated take home salary of a Diploma Mechanical Engineer at Sathavahana Ispat in India?
The estimated take-home salary of a Diploma Mechanical Engineer at Sathavahana Ispat in India typically ranges from ₹9,717 to ₹10,773 per month. This is based on the average salary range of ₹0.7 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 2 years 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 4 salaries received from various employees of Sathavahana Ispat. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Sathavahana Ispat for Diploma Mechanical Engineer in India?
Indian Metals & Ferro Alloys ₹1.3 Lakhs to ₹8.0 Lakhs per year
MSP Steel & Power ₹3.8 Lakhs to ₹4.5 Lakhs per year
ISMT ₹2.1 Lakhs to ₹3.5 Lakhs per year
Jai Balaji Group ₹2.0 Lakhs to ₹3.6 Lakhs per year
MM Forgings ₹1.8 Lakhs to ₹3.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Sathavahana Ispat, depending on the role and experience level.
What is the salary of a Diploma Mechanical Engineer in companies similar to Sathavahana Ispat in India?
The salary of a Diploma Mechanical Engineer at companies similar to Sathavahana Ispat in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mukand Limited ₹1.6 Lakhs to ₹6.5 Lakhs per year
Kirloskar Ferrous Industries ₹1.6 Lakhs to ₹3.0 Lakhs per year
Aarti Steels ₹0.6 Lakhs to ₹5.1 Lakhs per year
Ratnamani Metals and Tubes ₹1.3 Lakhs to ₹2.0 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 Diploma Mechanical Engineer at Sathavahana Ispat in India?
The salary growth for a Diploma Mechanical Engineer at Sathavahana Ispat depends on factors such as experience, performance, and promotions. On average, a Diploma Mechanical Engineer can expect the following growth trajectory at Sathavahana Ispat:

Experience Average Salary Range
2 years ₹1.5 Lakhs to ₹1.9 Lakhs per year
3 years ₹1.3 Lakhs to ₹1.7 Lakhs per year
4 years ₹1.1 Lakhs to ₹1.4 Lakhs per year
and so on.

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Sathavahana Ispat Diploma Mechanical Engineer salary in India ranges between ₹0.7 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Sathavahana Ispat latest salaries received from various employees of Sathavahana Ispat.