Texmo Precision Castings Mechanical Engineer Salaries by 4 Employees

0 - 10 years exp.

₹2.8 Lakhs - ₹4.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 0 - 10 years of experience

Interested in this particular role?

Last Updated: 3 Sep 2023

Companies similar to Texmo Precision Castings for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Jindal Steel and Power Mechanical Engineer Salary 1 - 12 years exp. (91 salaries)	₹1.8 L/yr - ₹7 L/yr 17% more
SHYAM METALICS AND ENERGY Mechanical Engineer Salary 2 - 6 years exp. (71 salaries)	₹2 L/yr - ₹6 L/yr 4% less
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Viraj Profiles Mechanical Engineer Salary 2 - 6 years exp. (49 salaries)	₹2.2 L/yr - ₹5.3 L/yr 12% less
Sunflag Iron and Steel Mechanical Engineer Salary 3 - 14 years exp. (28 salaries)	₹2.7 L/yr - ₹6.7 L/yr 25% more
Slr Metaliks Mechanical Engineer Salary 0 - 10 years exp. (24 salaries)	₹2.2 L/yr - ₹4.8 L/yr 9% less
Rashmi Group Mechanical Engineer Salary 1 - 9 years exp. (22 salaries)	₹2.7 L/yr - ₹4.4 L/yr 12% less
Shyam Steel Industries Mechanical Engineer Salary 2 - 6 years exp. (18 salaries)	₹2.5 L/yr - ₹4.4 L/yr 12% less
POSCO MAHARASHTRA STEEL Mechanical Engineer Salary 4 - 10 years exp. (17 salaries)	₹4 L/yr - ₹6.8 L/yr 40% more
JSW Group Mechanical Engineer Salary 0 - 9 years exp. (15 salaries)	₹2.1 L/yr - ₹4.8 L/yr 16% more
Hospet Steels Mechanical Engineer Salary 2 - 12 years exp. (14 salaries)	₹1.3 L/yr - ₹6.4 L/yr 5% more
Jindal Industries Private Limited Mechanical Engineer Salary 0 - 8 years exp. (11 salaries)	₹1.5 L/yr - ₹3.6 L/yr 20% less
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ArcelorMittal Mechanical Engineer Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹6 L/yr 6% less
Atibir Industries Mechanical Engineer Salary 1 - 5 years exp. (9 salaries)	₹2.2 L/yr - ₹5 L/yr 12% less
Rimjhim Ispat Mechanical Engineer Salary 1 - 6 years exp. (8 salaries)	₹2 L/yr - ₹3.1 L/yr 21% less
Vandana Global Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2 L/yr - ₹3.6 L/yr 30% less
Patton International Mechanical Engineer Salary 2 - 9 years exp. (5 salaries)	₹2.8 L/yr - ₹4 L/yr 18% less
Amit Metaliks Mechanical Engineer Salary 2 - 4 years exp. (5 salaries)	₹1.9 L/yr - ₹3.9 L/yr 29% less
Maruti Ispat And Pipes Mechanical Engineer Salary 1 - 7 years exp. (5 salaries)	₹3.4 L/yr - ₹4.9 L/yr 3% more
Captain Steel India Limited Mechanical Engineer Salary 4 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr 12% more
Sanyo Special Steel Manufacturing Mechanical Engineer Salary 6 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 11% more

View all

Mechanical Engineer salary at Texmo Precision Castings ranges between ₹2.8 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Texmo Precision Castings.

Experience wise Texmo Precision Castings Mechanical Engineer salaries

Last Updated: 3 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

Similar Designation salaries in Texmo Precision Castings

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Assistant Engineer Salary

(8 salaries)

₹2 L/yr - ₹3.7 L/yr

Production Engineer Salary

(3 salaries)

₹5.2 L/yr - ₹6.5 L/yr

Technician Salary

(4 salaries)

₹1.9 L/yr - ₹2.5 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Officer Salary

(3 salaries)

₹6 L/yr - ₹7 L/yr

Salary related reviews for Texmo Precision Castings

Production Technician in Pollachi

Full Time

Quality Assurance Department

1.0

• posted on 19 Jan 2023

1.0

for Salary and Benefits

Likes

Able to gain some knowledge in drawings and production process.

Dislikes

...oper increments last time increment 150rs and plz consider working experience. Salary is not sufficient. Canteen food not good. Bike parking not good we parking our bikes in Sun light bike cost is high. Lot of them are resigning a job because the main one and only reason is salary.

Salary - Bad

+5 more

Machine Operator in Pollachi

Full Time

Wax department Department

3.0

• posted on 25 Apr 2021

3.0

for Salary and Benefits

Likes

Proper Rules,Good company, Great safety,Great management,proper salary,Best manager.

Skill development - Good

+2 more

Dislikes

Shift timing not suitable for me.Night 1oclock is risk time. Then Ceramic smell,Air conditioner not suitable for me.Allegy.

Work satisfaction - Poor

+1 more

Industrial Engineer (working remotely)

Full Time

Other Department

3.0

• posted on 20 Nov 2023

2.0

for Salary and Benefits

Likes

1.Innovations of ideas in new way of thinking. culture 2.Quality of making part . 3.it,s Your,s Brand . 4.Food providing.

Job security - Excellent

+2 more

Dislikes

1. Decision making need to strengthen . 2.Need to work as family . 3. Department wise improvement budget need to allocate 4. Research and development Space needed seperately do not mix with Regular Production flow

Salary - Poor

+2 more

Design Engineer - Tool Room in Pollachi

Research & Development Department

4.0

• posted on 15 Apr 2020

4.0

for Salary and Benefits

Likes

Simply one of the best company in this world. I give prioritize the job first. I feel that learning from the company entrepreneur while working there is the first success of my life. By jeyakumar Old employee

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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Texmo Precision Castings Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Texmo Precision Castings ?

The average salary of a Mechanical Engineer at Texmo Precision Castings in India typically ranges from ₹2.8 Lakhs to ₹4.7 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Mechanical Engineer at Texmo Precision Castings earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹4.7 Lakhs per year. Mechanical Engineer Salaries at Texmo Precision Castings 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 Texmo Precision Castings employees in India.

What is the estimated take home salary of a Mechanical Engineer at Texmo Precision Castings in India?

The estimated take-home salary of a Mechanical Engineer at Texmo Precision Castings in India typically ranges from ₹27,924 to ₹29,320 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.7 Lakhs per year for employees with experience ranging from Fresher to 10 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 Texmo Precision Castings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Texmo Precision Castings for Mechanical Engineer in India?

B5 Plus	₹2.4 Lakhs to ₹18.0 Lakhs per year
Tata BlueScope Steel	₹4.0 Lakhs to ₹6.5 Lakhs per year
Jindal Group Of Companies	₹3.0 Lakhs to ₹9.2 Lakhs per year
POSCO MAHARASHTRA STEEL	₹4.0 Lakhs to ₹6.8 Lakhs per year
Sunflag Iron and Steel	₹2.7 Lakhs to ₹6.7 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Texmo Precision Castings in India?

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

Jindal Steel and Power	₹1.8 Lakhs to ₹7.0 Lakhs per year
JSW Group	₹2.1 Lakhs to ₹4.8 Lakhs per year
Captain Steel India Limited	₹3.6 Lakhs to ₹5.0 Lakhs per year
Sanyo Special Steel Manufacturing	₹2.8 Lakhs to ₹4.5 Lakhs per year
Tata Steel Downstream Products	₹2.5 Lakhs to ₹5.0 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 Mechanical Engineer at Texmo Precision Castings in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
9 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
10 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Texmo Precision Castings Mechanical Engineer Salaries

Texmo Precision Castings Mechanical Engineer salary in India ranges between ₹2.8 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Texmo Precision Castings latest salaries received from various employees of Texmo Precision Castings.