Equity Research Analyst
Annual salary range
₹2 Lakhs - ₹24 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byEquity Research Analyst Salary in India (Updated 2025)
based on 3.2k
latest salaries
• updated:
5 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Equity Research Analyst salaries
| Years of experience | Avg. Annual Salary |
|---|---|
Fresher
(420
salaries)
|  ₹2 L/yr - ₹17.5 L/yr |
1
year
(814
salaries)
| ₹2 L/yr - ₹20 L/yr |
Login to view exact salary
| |
2
years
(663
salaries)
| ₹2.2 L/yr - ₹20 L/yr |
3
years
(483
salaries)
| ₹2.8 L/yr - ₹23 L/yr |
4
years
(275
salaries)
| ₹3 L/yr - ₹25 L/yr |
View all salaries by experience
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 Equity Research Analyst.
See latest salaries
Equity Research Analyst salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Finance & Accounting
Equity Research Analyst Salary
0 - 7
years
exp.
(996
salaries)
| ₹2 L/yr - ₹24 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Equity Research Analyst Salary
0 - 7
years
exp.
(652
salaries)
| ₹2 L/yr - ₹24 L/yr |
View all departments salaries
Explore on this page
Top paying companies
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available
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Latest annual salaries shared by Equity Research Analysts
1d ago
BPS Tech
Equity Research Analyst
2 years exp.
1d ago
Evani Capital Services
Equity Research Analyst
1 year exp.
1d ago
PrimeInvestor
Equity Research Analyst
1 month exp.
2d ago
Jubilant Life sciences
Equity Research Analyst
5 years exp.
2d ago
Jubilant Life sciences
Equity Research Analyst
5 years exp.
2d ago
Evalueserve
Equity Research Analyst
3 years exp.
3d ago
Kedia Shares Stocks Brokers
Equity Research Analyst
4 years exp.
4d ago
Pramerica Life Insurance
Equity Research Analyst
2 years exp.
4d ago
Bonanza Portfolio
Equity Research Analyst
2 years exp.
4d ago
GemsCap Global Analyst
Equity Research Analyst
1 year exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
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| | 1 job opening | |
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Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
3
yrs
exp.
(354 salaries)
|
₹1.8 L/yr - ₹4.8 L/yr | |
1 -
4
yrs
exp.
(99 salaries)
|
₹5.6 L/yr - ₹18.9 L/yr | 6 job openings |
Login to view exact salary
| ||
1 -
3
yrs
exp.
(66 salaries)
|
₹3.5 L/yr - ₹7.2 L/yr | |
0 -
4
yrs
exp.
(66 salaries)
|
₹11.2 L/yr - ₹40 L/yr | |
0 -
5
yrs
exp.
(64 salaries)
|
₹7.4 L/yr - ₹15.5 L/yr | |
1 -
3
yrs
exp.
(51 salaries)
|
₹13 L/yr - ₹40 L/yr | |
1 -
6
yrs
exp.
(44 salaries)
|
₹7.5 L/yr - ₹24 L/yr | 1 job opening |
0 -
9
yrs
exp.
(38 salaries)
|
₹7 L/yr - ₹23.8 L/yr | |
Login to view exact salary
| ||
0 -
6
yrs
exp.
(32 salaries)
|
₹1.8 L/yr - ₹5 L/yr | |
1 -
6
yrs
exp.
(28 salaries)
|
₹2 L/yr - ₹6.5 L/yr | |
Equity Research Analyst Jobs in India
Equity Research Analyst
· 5-8 years
Acme Services
Equity Research Analyst
· 3-8 years
CRISIL
Mumbai
Equity Research Analyst
· 7-8 years
Sbicap Securities
Mumbai
Similar Designation Salaries for Equity Research Analyst
| Designations | Avg Annual Salary |
|---|---|
Research Analyst Salary
0 -
5
years
exp.
(25k salaries)
| ₹1.8 L/yr - ₹10 L/yr |
Business Analyst Salary
1 -
9
years
exp.
(1.3L salaries)
| ₹3 L/yr - ₹17 L/yr |
Login to view exact salary
| |
Financial Analyst Salary
1 -
8
years
exp.
(48k salaries)
| ₹2.1 L/yr - ₹13 L/yr |
Senior Financial Analyst Salary
2 -
10
years
exp.
(17.4k salaries)
| ₹3.1 L/yr - ₹18.7 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(1.6L salaries)
| ₹3 L/yr - ₹16 L/yr |
View more similar designations
Salary related reviews by similar designations like Equity Research Analyst
Goldman Sachs
Analyst
• posted on 17 Jan 2023
Likes
Culture , Perks, Compensation and Office
- Salary - Good
+3 more
Dislikes
Work security, Competitive work culture sometimes, US timings
JPMorgan Chase & Co.
Business Analyst
• posted on 07 May 2022
Likes
This is one of the best companies to work for. It's such an employee centric company, they have amazing work life balance, I never had to work even for a minute extra from my usual timings. Some managers are good and some are bad but that keeps on changing and one bad manager is not much able to spoil the environment of the company if the company policies are good and it essentially ensures to keep its employees happy.
read more- Salary - Good
+6 more
Dislikes
The pay hike can be improved as per the market standards.
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
Equity Research Analyst Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Hyderabad / Secunderabad
Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
New Delhi
Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Pune
Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
View More
Equity Research Analyst Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Internet Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Login to view exact salary
| |
Software Product Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
Analytics & KPO Equity Research Analyst
0 -
7
years
exp.
| ₹2 L/yr - ₹24 L/yr |
IT Services & Consulting Equity Research Analyst
0 -
7
years
exp.
| ₹2 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 - ₹26.3 Lakhs per year
- JPMorgan Chase & Co. Equity Research Analyst Salary - ₹24.9 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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