Shri Mahavir Ferro Alloys Rourkela Senior Manager Salaries by 6 Employees (Updated 2025)

7 - 25 years exp.

₹12 Lakhs - ₹18 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Senior Manager Salary in Iron & Steel Companies for 7 - 25 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Manager Salary 18 - 25 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr
Procurement & Supply Chain Senior Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
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Project & Program Management Senior Manager Salary 16 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 2 Apr 2025

Companies similar to Shri Mahavir Ferro Alloys for Senior Manager in Rourkela

Shri Mahavir Ferro Alloys Senior Manager Salary

7 - 25 years exp. (6 salaries)

₹12 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Dalmia Bharat Group Senior Manager Salary 13 - 17 years exp. (6 salaries)	₹14 L/yr - ₹29 L/yr 33% more
Dalmia Bharat Cement Senior Manager Salary 12 - 22 years exp. (6 salaries)	₹18.6 L/yr - ₹27.9 L/yr 62% more
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IFGL Refractories Senior Manager Salary 9 - 11 years exp. (5 salaries)	₹11 L/yr - ₹16 L/yr 11% less
Steel Authority Of India Senior Manager Salary 10 - 13 years exp. (5 salaries)	₹12 L/yr - ₹30 L/yr 69% more
Bajrangbali Sponge And Power Senior Manager Salary 4 - 20 years exp. (4 salaries)	₹6 L/yr - ₹12 L/yr 45% less

Senior Manager salary at Shri Mahavir Ferro Alloys ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 7 years to 25 years. Salary estimates are based on 6 latest salaries received from various employees of Shri Mahavir Ferro Alloys.

Experience wise Shri Mahavir Ferro Alloys Senior Manager salaries in Rourkela

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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15+ years (4 salaries)	₹12 L/yr - ₹18 L/yr

Similar Designation salaries in Shri Mahavir Ferro Alloys

Deputy Manager Salary

(9 salaries)

₹3.85 L/yr - ₹11.9 L/yr

Sales Manager Salary

(4 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Salary related reviews for Shri Mahavir Ferro Alloys

5.0

Rated by 1 employees for salary & benefits

Assistant Manager Electrical in Rourkela

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Dec 2023

2.0

for Salary and Benefits

Likes

It's a good and reputed company ..i am grateful to work here ..as i was passing my iti ..I started working here as a foreman.. overall good company

Dislikes

...re no basic hike ...as and when ..i promoted as a manager still I paid less ....i given my so many years to this company but no bonus and no appreciation provided 😞

Salary - Poor

+4 more

Graduate Engineer Trainee (Get) in Rourkela

Full Time

Other Department

4.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

The project that is going on in the plant helps to learn about the machines, it's work principle, any defects to be noticed when the machine stops and also helps in learning how to manage projects.

Skill development - Good

+2 more

Dislikes

...very long and the timing is so odd that the whole day gets wasted in the office. And the salary is given on 7th of the month.

Assistant Data Analysis Manager in Rourkela

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing to like They will never let you go

Job security - Excellent

Dislikes

No Employee management No salary on time Make you do any kind of work not in jd Nothing much to learn and take away from here They will not give offer letter

Salary - Bad

+5 more

Passing Officer in Rourkela

Full Time

Procurement & Supply Chain Department

1.0

• posted on 07 Apr 2023

1.0

for Salary and Benefits

Likes

A BIG ZERO ZERO NOTHING TO LIKE

Dislikes

WORST COMPANY UTILIZING LOCAL STAFF PEOPLE AS THEIR ASSETS USED TILL THEY CONSUMED FROM THE STAFF FOR WHAT THEY GAVE SALARY.SALARY GIVEN BY COMPANY IS ONLY FOR BREAD AND BUTTER YOU CAN'T SAVE FOR YOUR FUTURE GROWTH ALL SALARY WILL BE GONE IN MAINTAINING FOOD AND SHELTER

Salary - Bad

+6 more

Billing Operator in Rourkela

Full Time

Quality Assurance Department

1.0

• posted on 20 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to like in this company it's all over a very big plant with very bad management.

Dislikes

Job not secure here. No good salary, no safety measures follow, no bonus not future safe of employees and labour.

Salary - Bad

+6 more

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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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Shri Mahavir Ferro Alloys Senior Manager Salary FAQs

What is the salary of Senior Manager at Shri Mahavir Ferro Alloys in Rourkela?

The average salary of a Senior Manager at Shri Mahavir Ferro Alloys in Rourkela typically ranges from ₹12.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 7 years to 25 years).

The top 10% of Senior Manager in Rourkela at Shri Mahavir Ferro Alloys earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Senior Manager Salaries at Shri Mahavir Ferro Alloys 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 6 Shri Mahavir Ferro Alloys employees in India.

What is the estimated take home salary of a Senior Manager at Shri Mahavir Ferro Alloys in Rourkela?

The estimated take-home salary of a Senior Manager at Shri Mahavir Ferro Alloys in Rourkela typically ranges from ₹1,04,510 to ₹1,07,377 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 7 years to 25 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 6 salaries received from various employees of Shri Mahavir Ferro Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shri Mahavir Ferro Alloys for Senior Manager in India?

Steel Authority Of India	₹12.0 Lakhs to ₹30.0 Lakhs per year
Dalmia Bharat Cement	₹18.6 Lakhs to ₹27.9 Lakhs per year
Dalmia Bharat Group	₹14.0 Lakhs to ₹29.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shri Mahavir Ferro Alloys, depending on the role and experience level.

What is the salary of a Senior Manager in companies similar to Shri Mahavir Ferro Alloys in Rourkela?

The salary of a Senior Manager at companies similar to Shri Mahavir Ferro Alloys in Rourkela varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IFGL Refractories	₹11.0 Lakhs to ₹16.0 Lakhs per year
Bajrangbali Sponge And Power	₹6.0 Lakhs to ₹12.0 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 Senior Manager at Shri Mahavir Ferro Alloys in Rourkela?

The salary growth for a Senior Manager at Shri Mahavir Ferro Alloys in Rourkela depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Rourkela can expect the following growth trajectory at Shri Mahavir Ferro Alloys:

Experience	Average Salary Range
7 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
9 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
15 years	₹12.0 Lakhs to ₹18.0 Lakhs per year

and so on.

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Shri Mahavir Ferro Alloys Senior Manager Salaries in Rourkela

Shri Mahavir Ferro Alloys Senior Manager salary in Rourkela ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shri Mahavir Ferro Alloys latest salaries received from various employees of Shri Mahavir Ferro Alloys.