Equity Research Analyst
Annual salary range
₹2 Lakhs - ₹24 Lakhs
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Equity Research Analyst Salary in India (Updated 2025)
based on 3.2k
latest salaries
• updated:
10 Mar 2025
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Salary of majority employees
Equity Research Analyst Salary in India ranges between ₹2 Lakhs to ₹24 Lakhs for less than 1 year of experience to 7 years of experience. Salary estimates are based on 3.2k latest salaries received from...
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| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
3
yrs
exp.
(356 salaries)
|
₹1.8 L/yr - ₹4.8 L/yr | |
1 -
4
yrs
exp.
(98 salaries)
|
₹5.6 L/yr - ₹18.9 L/yr | 5 job openings |
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1 -
3
yrs
exp.
(66 salaries)
|
₹3.5 L/yr - ₹7.2 L/yr | |
0 -
4
yrs
exp.
(66 salaries)
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₹11.2 L/yr - ₹43 L/yr | |
0 -
5
yrs
exp.
(64 salaries)
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₹7.4 L/yr - ₹16 L/yr | |
1 -
3
yrs
exp.
(51 salaries)
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₹13 L/yr - ₹40 L/yr | |
1 -
6
yrs
exp.
(44 salaries)
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₹7.5 L/yr - ₹24 L/yr | 1 job opening |
0 -
9
yrs
exp.
(38 salaries)
|
₹7 L/yr - ₹23.8 L/yr | |
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0 -
6
yrs
exp.
(32 salaries)
|
₹1.8 L/yr - ₹5 L/yr | |
0 -
3
yrs
exp.
(29 salaries)
|
₹6 L/yr - ₹15 L/yr | 1 job opening |
Latest annual salaries shared by Equity Research Analysts
1d ago
BPS Tech
Equity Research Analyst
2 years exp.
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1d ago
Evani Capital Services
Equity Research Analyst
1 year exp.
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1d ago
PrimeInvestor
Equity Research Analyst
1 month exp.
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2d ago
Jubilant Life sciences
Equity Research Analyst
5 years exp.
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2d ago
Jubilant Life sciences
Equity Research Analyst
5 years exp.
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2d ago
Evalueserve
Equity Research Analyst
3 years exp.
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3d ago
Kedia Shares Stocks Brokers
Equity Research Analyst
4 years exp.
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4d ago
Pramerica Life Insurance
Equity Research Analyst
2 years exp.
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4d ago
Bonanza Portfolio
Equity Research Analyst
2 years exp.
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4d ago
GemsCap Global Analyst
Equity Research Analyst
1 year exp.
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Equity Research Analyst salaries by
| Years of experience | Avg. annual salary |
|---|---|
Fresher
(415
salaries)
| Unlock ₹2 L/yr - ₹16 L/yr |
1
year
(819
salaries)
| Unlock ₹2 L/yr - ₹20 L/yr |
Login to view exact salary
| |
2
years
(667
salaries)
| Unlock ₹2.2 L/yr - ₹20 L/yr |
3
years
(486
salaries)
| Unlock ₹2.8 L/yr - ₹23 L/yr |
4
years
(274
salaries)
| Unlock ₹3 L/yr - ₹25 L/yr |
View all salaries by experience
Equity Research Analyst Jobs in India
Equity Research Analyst
· 5-8 years
Acme Services
Equity Research Analyst
· 0-5 years
Puniska Injectables
₹6
L/yr
- ₹9
L/yr
Ahmedabad
Equity Research Analyst
· 3-8 years
CRISIL
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Research Analyst Salary
0 -
5
years
exp.
(25.1k salaries)
| Unlock ₹1.8 L/yr - ₹10 L/yr |
Business Analyst Salary
1 -
9
years
exp.
(1.3L salaries)
| Unlock ₹3 L/yr - ₹17 L/yr |
Login to view exact salary
| |
Financial Analyst Salary
1 -
8
years
exp.
(48.4k salaries)
| Unlock ₹2.1 L/yr - ₹13 L/yr |
Senior Financial Analyst Salary
2 -
10
years
exp.
(17.4k salaries)
| Unlock ₹3.1 L/yr - ₹18.8 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| Unlock ₹3 L/yr - ₹16 L/yr |
View more similar designations
Salary related reviews by similar designations like Equity Research Analyst
JPMorgan Chase & Co.
Analyst
• posted on 27 Apr 2022
Likes
...working environment, and smooth access of applications and policies are good. Hikes and bonus are good.
read more- Salary - Excellent
+6 more
Dislikes
Nothing
Goldman Sachs
Senior Analyst
• posted on 08 Aug 2024
Likes
Some people are really talented and very collaborative.
Dislikes
The salary hikes are very bad when compared to industry mainly because they look at India as a back office.
read more- Job security - Poor
+2 more
Crisil
Analyst
• posted on 24 Jan 2025
Likes
Company with strong work-life balance, supportive management and positive work culture.
- Salary - Good
+6 more
Dislikes
Only on the salary part- which is comparatively less.
Morningstar
Senior Analyst
• posted on 09 Oct 2023
Likes
Work Life Balance,working culture and job security
- Job security - Good
+2 more
Dislikes
No career growth after a certain extent ,low pay n compensation, politics in appraisal
read moreFactSet
Research Analyst
• posted on 22 Jan 2025
Likes
Work culture is very good. No work pressure
- Salary - Good
+5 more
Top skills for Equity Research Analyst
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Equity Research Analyst Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2 L/yr - ₹29 L/yr |
Hyderabad / Secunderabad
Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2.5 L/yr - ₹5 L/yr |
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| |
Bangalore / Bengaluru
Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2 L/yr - ₹27 L/yr |
Pune
Equity Research Analyst
0 -
6
years
exp.
| Unlock ₹2 L/yr - ₹15 L/yr |
New Delhi
Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2 L/yr - ₹15 L/yr |
View More
Equity Research Analyst Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2.4 L/yr - ₹28 L/yr |
Internet Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2.5 L/yr - ₹13.5 L/yr |
Login to view exact salary
| |
Software Product Equity Research Analyst
0 -
6
years
exp.
| Unlock ₹2.5 L/yr - ₹4.8 L/yr |
Analytics & KPO Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹3.8 L/yr - ₹17 L/yr |
IT Services & Consulting Equity Research Analyst
0 -
7
years
exp.
| Unlock ₹2.5 L/yr - ₹24 L/yr |
View More
Frequently Asked Questions about Equity Research Analyst Salaries
What is the salary of a Equity Research Analyst in India?
Salary for a Equity Research Analyst in India ranges between ₹2.0 Lakhs to ₹24.0 Lakhs per year. Salary estimates are based on 3.2k latest salaries received from various Equity Research Analysts across industries.
What are the top paying companies that employ Equity Research Analysts?
- Goldman Sachs Equity Research Analyst Salary - ₹27.2 Lakhs per year
- JPMorgan Chase & Co. Equity Research Analyst Salary - ₹26.0 Lakhs per year
- HSBC Group Equity Research Analyst Salary - ₹23.6 Lakhs per year
- William O'Neil & Co Equity Research Analyst Salary - ₹17.6 Lakhs per year
- HDFC Securities Equity Research Analyst Salary - ₹15.2 Lakhs per year
What is the starting salary for a Equity Research Analyst in India?
Average starting Salary for Equity Research Analyst in India is around ₹2.0 Lakhs per year (₹16.7k per month). No prior experience is required to be a Equity Research Analyst.
What is the highest salary for a Equity Research Analyst in India?
Highest salary that a Equity Research Analyst can earn is ₹40.0 Lakhs per year (₹3.3L per month).
What are the top paying industries for Equity Research Analyst in India?
- Banking - ₹1.0 Lakhs to 70.0 Lakhs per year
- Investment Banking / Venture Capital / Private Equity - ₹1.0 Lakhs to 90.0 Lakhs per year
- Financial Services - ₹0.4 Lakhs to 93.0 Lakhs per year
- IT Services & Consulting - ₹0.6 Lakhs to 55.0 Lakhs per year
- Analytics & KPO - ₹1.5 Lakhs to 26.0 Lakhs per year
What are the top paying cities for Equity Research Analyst in India?
- Mumbai - ₹0.2 Lakhs to 93.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.0 Lakhs to 85.0 Lakhs per year
- Pune - ₹2.0 Lakhs to 35.9 Lakhs per year
- New Delhi - ₹0.4 Lakhs to 40.0 Lakhs per year
- Hyderabad / Secunderabad - ₹0.2 Lakhs to 33.0 Lakhs per year
What are the popular/top skills required to become a Equity Research Analyst?
These are the top skills of a Equity Research Analyst based on 73 jobs posted by employers.
- Finance
- Financial Analysis
- Equity Research
- Financial Modelling
- CFA
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