Ajanta Pharma Senior Formulation Development Manager Salaries by 4 Employees (Updated 2025)

13 - 15 years exp.

₹20.4 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

35% more than the average Senior Formulation Development Manager Salary in Pharma Companies for 13 - 15 years of experience

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Salaries in different departments

Research & Development Senior Formulation Development Manager Salary 13 - 15 years exp. (3 salaries)	₹20.4 L/yr - ₹22.6 L/yr
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Healthcare & Life Sciences Senior Formulation Development Manager Salary 14 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹25.3 L/yr

Last Updated: 6 Sep 2023

Companies similar to Ajanta Pharma for Senior Formulation Development Manager

Company name	Avg Annual Salary	Open Jobs
Chromo Health Care Senior Formulation Development Manager Salary 14 - 19 years exp. (4 salaries)	₹11.5 L/yr - ₹12.5 L/yr 43% less
JAMP Pharma Corporation Senior Formulation Development Manager Salary 12 - 15 years exp. (4 salaries)	₹15 L/yr - ₹18 L/yr 23% less
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Kayura Effect Senior Formulation Development Manager Salary 4 - 5 years exp. (3 salaries)	₹8.3 L/yr - ₹12.1 L/yr 56% less
Selvok Pharmaceutical Senior Formulation Development Manager Salary 14 - 16 years exp. (3 salaries)	₹14.5 L/yr - ₹15.7 L/yr 30% less

Senior Formulation Development Manager salary at Ajanta Pharma ranges between ₹20.4 Lakhs to ₹23 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Ajanta Pharma.

Experience wise Ajanta Pharma Senior Formulation Development Manager salaries

Last Updated: 6 Sep 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹36.9 L/yr
14 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹23 L/yr
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15+ years (AmbitionBox Estimate)	₹22.6 L/yr - ₹40.9 L/yr

Salary related reviews for Ajanta Pharma

Executive Engineer in Guwahati

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 Oct 2024

3.0

for Salary and Benefits

Likes

There is freedom to work and the coordination between the departments for any related work is very good and job security also good.

Skill development - Good

+4 more

Dislikes

... no provision and policy for accidental insurance etc. There is no bonus system. The salary structure is not good for the fresher candidates as per their qualification.

Assistant Product Manager in Mumbai

Full Time

Other Department

3.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Weekend off, work life balance, salary on time

Job security - Good

Dislikes

Perticular in my division, all the marketing activities are religion centric... All work done at last minute rush.. no proper planning and main thing No guidance from Marketing Manager.. running the division like dictator.

Skill development - Bad

Medical Representative in Vijayapura

Full Time

Sales & Business Development Department

5.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Company culture and social activities Good house

Salary - Good

+4 more

Dislikes

Marketing budget is very less and plan limted activities Superior authority management need to listen lower employees No bonus system No management support

Regional Sales Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 18 May 2023

3.0

for Salary and Benefits

Likes

Good Products Salary on time Established and trusted organization for long term stay

Dislikes

No promotions 3 yrs internal employees with 2 years sales performance eligible for level next promotion. Is fake. False commitments to customers

Skill development - Bad

+3 more

Officer in Paithan

Full Time

Other Department

3.0

• posted on 19 Feb 2023

2.0

for Salary and Benefits

Likes

Company has a good management which is always supportive.

Job security - Good

Dislikes

Salary and other benefits are less here as compared to other organisations. Working hours are also more and only one weekly off with too few holidays.

Salary - Poor

+1 more

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Ajanta Pharma Senior Formulation Development Manager Salary FAQs

What is the salary of Senior Formulation Development Manager at Ajanta Pharma?

Senior Formulation Development Manager salary at Ajanta Pharma in India ranges between ₹20.4 Lakhs to ₹23.0 Lakhs for experience between 13 years to 15 years. According to our estimates it is 35% more than the average Senior Formulation Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ajanta Pharma India.

How does the salary of a Senior Formulation Development Manager at Ajanta Pharma India compare with the average salary range for this job?

The average salary of a Senior Formulation Development Manager at Ajanta Pharma is 35% more than the average salary of a Senior Formulation Development Manager in India. To know exact salary insights, login to view.

What is the salary of a Senior Formulation Development Manager in companies similar to Ajanta Pharma in India?

JAMP Pharma Corporation Senior Formulation Development Manager Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
Selvok Pharmaceutical Senior Formulation Development Manager Salary - ₹14.5 Lakhs to ₹15.7 Lakhs per year
Chromo Health Care Senior Formulation Development Manager Salary - ₹11.5 Lakhs to ₹12.5 Lakhs per year
Kayura Effect Senior Formulation Development Manager Salary - ₹8.3 Lakhs to ₹12.1 Lakhs per year

What is the estimated take home salary of a Senior Formulation Development Manager at Ajanta Pharma in India?

The estimated take-home salary of a Senior Formulation Development Manager at Ajanta Pharma ranges between ₹1,40,284 per month to ₹1,45,490 per month in India. The take-home salary calculation is based on the average Ajanta Pharma Senior Formulation Development Manager salary in India which ranges between ₹20.4 Lakhs to ₹23.0 Lakhs per year for employees with experience between 13 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Senior Formulation Development Manager at Ajanta Pharma?

According to AmbitionBox, 100% of the Ajanta Pharma Senior Formulation Development Managers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Ajanta Pharma Senior Formulation Development Manager Salaries

Ajanta Pharma Senior Formulation Development Manager salary in India ranges between ₹20.4 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ajanta Pharma latest salaries received from various employees of Ajanta Pharma.