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SPS Steels Rolling Mills Mechanical Engineer salaries in India (Updated 2025)

Annual salary range
6 - 8 years exp.
₹4.3 Lakhs - ₹6 Lakhs
Salary of majority employees
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20% more than the average Mechanical Engineer Salary in Metals & Mining Companies for 6 - 8 years of experience

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Last Updated: 25 Jan 2025

Companies similar to SPS Steels Rolling Mills for Mechanical Engineer

Company name Avg Annual Salary Open Jobs
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View all
Mechanical Engineer salary at SPS Steels Rolling Mills ranges between ₹4.3 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of SPS Steels Rolling Mills.

Latest annual salaries shared by SPS Steels Rolling Mills Mechanical Engineer

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6 years exp.
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7 years exp.
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8 years exp.
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6 years exp.

Experience wise SPS Steels Rolling Mills Mechanical Engineer salaries

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
6 years  (3 salaries)

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₹4.3 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)

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₹6 L/yr - ₹6 L/yr

Similar Designation salaries in SPS Steels Rolling Mills

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₹2.5 L/yr - ₹6.7 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
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₹2.3 L/yr - ₹3 L/yr
Maintenance Engineer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr
Senior Electrical Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹2.2 L/yr - ₹2.8 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Shift Incharge Salary
(4 salaries)
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₹2.8 L/yr - ₹5 L/yr

Salary related reviews for SPS Steels Rolling Mills

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 20 Jul 2024

4.0
 for  Salary and Benefits

Likes

I believe that working at SPS Steels Rolling Mills is a great achievement for all employees. Every employee has the freedom to work without any burden, and everyone is very supportive of each other.

read more
  • Salary - Good
  • +6 more

Dislikes

In my opinion, senior label company employees should have a medical insurance policy since junior label company employees have ESI, but senior label company employees do not have it. It is essential for senior label employees, in my opinion.

read more

Production, Manufacturing & Engineering Department

5.0
  •  posted on 14 Aug 2018

4.0
 for  Salary and Benefits

Likes

I had got a great work expiernce and great cooperation of my co workers. SPS group is a prestige group of steel Industries. I learned so many things there. My seniors were satisfied from my work.

read more
  • Salary - Good
  • +6 more

Dislikes

Only one thing I dislike that I became store incharge during my last year of job. But in documents I was only a store keeper.

read more
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SPS Steels Rolling Mills Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at SPS Steels Rolling Mills ?
The average salary of a Mechanical Engineer at SPS Steels Rolling Mills in India typically ranges from ₹4.3 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Mechanical Engineer at SPS Steels Rolling Mills earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Mechanical Engineer Salaries at SPS Steels Rolling Mills 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 SPS Steels Rolling Mills employees in India.
What is the estimated take home salary of a Mechanical Engineer at SPS Steels Rolling Mills in India?
The estimated take-home salary of a Mechanical Engineer at SPS Steels Rolling Mills in India typically ranges from ₹42,154 to ₹43,287 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 SPS Steels Rolling Mills. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SPS Steels Rolling Mills for Mechanical Engineer in India?
Bajaj Electricals ₹4.0 Lakhs to ₹9.2 Lakhs per year

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

Isgec Heavy Engineering ₹2.1 Lakhs to ₹9.0 Lakhs per year
Granules India ₹4.5 Lakhs to ₹6.5 Lakhs per year
Adani Wilmar ₹2.7 Lakhs to ₹7.0 Lakhs per year
Voltas ₹1.9 Lakhs to ₹6.9 Lakhs per year
Britannia ₹0.9 Lakhs to ₹8.5 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 Mechanical Engineer at SPS Steels Rolling Mills in India?
The salary growth for a Mechanical Engineer at SPS Steels Rolling Mills depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at SPS Steels Rolling Mills:

Experience Average Salary Range
6 years ₹4.3 Lakhs to ₹6.0 Lakhs per year
7 years ₹2.2 Lakhs to ₹6.0 Lakhs per year
8 years ₹6.0 Lakhs to ₹6.0 Lakhs per year
and so on.

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SPS Steels Rolling Mills Mechanical Engineer salary in India ranges between ₹4.3 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SPS Steels Rolling Mills latest salaries received from various employees of SPS Steels Rolling Mills.