Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary29% less than the average Principal Engineer Salary in IT Services & Consulting Companies for 8 - 18 years of experience
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Companies similar to Tech Mahindra for Principal Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 TCS Principal Engineer Salary
12 - 17 years exp. (11 salaries) |  ₹26 L/yr - ₹60 L/yr 
66%
more | |
 Infosys Principal Engineer Salary
5 - 18 years exp. (16 salaries) | ₹19 L/yr - ₹48.5 L/yr
35%
more | |
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| ||
 Wipro Principal Engineer Salary
9 - 25 years exp. (23 salaries) | ₹11.7 L/yr - ₹44.6 L/yr
30%
more | |
 HCLTech Principal Engineer Salary
10 - 15 years exp. (3 salaries) | ₹34.5 L/yr - ₹45 L/yr
74%
more | |
 Cognizant Principal Engineer Salary
9 - 18 years exp. (14 salaries) | ₹19.3 L/yr - ₹30 L/yr
28%
more | |
 Accenture Principal Engineer Salary
6 - 14 years exp. (12 salaries) | ₹19 L/yr - ₹41 L/yr
13%
more | |
 Capgemini Principal Engineer Salary
14 - 24 years exp. (9 salaries) | ₹25.2 L/yr - ₹50 L/yr
58%
more | |
 IBM Principal Engineer Salary
10 - 18 years exp. (13 salaries) | ₹24 L/yr - ₹64.6 L/yr
69%
more | |
 LTIMindtree Principal Engineer Salary
10 - 17 years exp. (9 salaries) | ₹30 L/yr - ₹50.8 L/yr
83%
more | |
 Mercedes-Benz Research and Development India Principal Engineer Salary
11 - 16 years exp. (109 salaries) | ₹21.8 L/yr - ₹59 L/yr
89%
more | 1 job opening |
 Mphasis Principal Engineer Salary
6 - 10 years exp. (10 salaries) | ₹10 L/yr - ₹20 L/yr 
22%
less | |
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| ||
 Zensar Technologies Principal Engineer Salary
9 - 15 years exp. (8 salaries) | ₹27 L/yr - ₹42 L/yr
50%
more | |
 Persistent Systems Principal Engineer Salary
5 - 19 years exp. (5 salaries) | ₹38.4 L/yr - ₹55 L/yr
106%
more | |
 Genpact Principal Engineer Salary
6 - 12 years exp. (8 salaries) | ₹22.5 L/yr - ₹32.5 L/yr
23%
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 Cyient Principal Engineer Salary
15 - 22 years exp. (5 salaries) | ₹8.5 L/yr - ₹38 L/yr
2%
more | |
 DXC Technology Principal Engineer Salary
13 - 20 years exp. (4 salaries) | ₹23.4 L/yr - ₹48 L/yr
66%
more | |
 Test Yantra Software Solutions Principal Engineer Salary
14 years exp. (5 salaries) | ₹43.8 L/yr - ₹60 L/yr
125%
more | |
 L&T Technology Services Principal Engineer Salary
11 - 18 years exp. (4 salaries) | ₹15 L/yr - ₹25.5 L/yr
4%
less | |
 Dell R&D Center Principal Engineer Salary
10 - 16 years exp. (4 salaries) | ₹21.2 L/yr - ₹40 L/yr
39%
more | |
 Coforge Principal Engineer Salary
12 - 17 years exp. (4 salaries) | ₹21 L/yr - ₹45 L/yr
50%
more | |
Latest annual salaries shared by Tech Mahindra Principal Engineer
Experience wise Tech Mahindra Principal Engineer salaries
Last Updated: 7 Feb 2025
| Experience | Avg Annual Salary |
|---|---|
| 8 years (AmbitionBox Estimate) |
₹20
L/yr
- ₹37.1
L/yr
|
| 9 years (AmbitionBox Estimate) |
₹18.8
L/yr
- ₹24.1
L/yr
|
Login to view exact salary
| |
| 10 years (AmbitionBox Estimate) |
₹19.2
L/yr
- ₹24.5
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹21
L/yr
- ₹39
L/yr
|
| 12 years (AmbitionBox Estimate) |
₹19.8
L/yr
- ₹25.3
L/yr
|
Similar Designation salaries in Tech Mahindra
Top skills at Tech Mahindra for Principal Engineer
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Tech Mahindra Principal Engineer Salary FAQs
The top 10% of Principal Engineer at Tech Mahindra earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Principal Engineer Salaries at Tech Mahindra 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 Tech Mahindra employees in India.
- - Release management
- - SAAS
- - Iaas
- - Linux
- - Backup
These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.
| Test Yantra Software Solutions | ₹43.8 Lakhs to ₹60.0 Lakhs per year |
| Persistent Systems | ₹38.4 Lakhs to ₹55.0 Lakhs per year |
| Mercedes-Benz Research and Development India | ₹21.8 Lakhs to ₹59.0 Lakhs per year |
| LTIMindtree | ₹30.0 Lakhs to ₹50.8 Lakhs per year |
| HCLTech | ₹34.5 Lakhs to ₹45.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Tech Mahindra, depending on the role and experience level.
| IBM | ₹24.0 Lakhs to ₹64.6 Lakhs per year |
| DXC Technology | ₹23.4 Lakhs to ₹48.0 Lakhs per year |
| TCS | ₹26.0 Lakhs to ₹60.0 Lakhs per year |
| Capgemini | ₹25.2 Lakhs to ₹50.0 Lakhs per year |
| Zensar Technologies | ₹27.0 Lakhs to ₹42.0 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.
| Experience | Average Salary Range |
|---|---|
| 8 years | ₹20.0 Lakhs to ₹37.1 Lakhs per year |
| 9 years | ₹18.8 Lakhs to ₹24.1 Lakhs per year |
| 10 years | ₹19.2 Lakhs to ₹24.5 Lakhs per year |
| 11 years | ₹21.0 Lakhs to ₹39.0 Lakhs per year |
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Tech Mahindra Principal Engineer Salaries by Location
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Tech Mahindra Principal Engineer salary
in
India
ranges between ₹20
Lakhs to ₹27
Lakhs with an average annual salary of
₹. Salary estimates are based on
5
Tech Mahindra latest salaries received from various employees of
Tech Mahindra.