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Dr. Reddy's Formulation Specialist salaries in India (Updated 2025)

Annual salary range
8 - 16 years exp.
₹9.3 Lakhs - ₹25 Lakhs
Salary of majority employees
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25% more than the average Formulation Specialist Salary in Pharma Companies for 8 - 16 years of experience

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Salaries in different departments

Research & Development
Formulation Specialist Salary
8 - 16 years exp. (69 salaries)
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₹9.3 L/yr - ₹25 L/yr

Healthcare & Life Sciences
Formulation Specialist Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹25 L/yr

Last Updated: 29 Mar 2025

Companies similar to Dr. Reddy's for Formulation Specialist

Company name Avg Annual Salary Open Jobs
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₹3.3 L/yr - ₹4.1 L/yr

arrow icon 79% less
Formulation Specialist salary at Dr. Reddy's ranges between ₹9.3 Lakhs to ₹25 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 79 latest salaries received from various employees of Dr. Reddy's.

Latest annual salaries shared by Dr. Reddy's Formulation Specialist

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Experience wise Dr. Reddy's Formulation Specialist salaries

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
8 years  (10 salaries)

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₹9.3 L/yr - ₹15.2 L/yr
9 years  (14 salaries)

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₹10.8 L/yr - ₹16.5 L/yr
10 years  (17 salaries)

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₹12 L/yr - ₹18.2 L/yr
11 years  (15 salaries)

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₹12 L/yr - ₹22 L/yr
12 years  (13 salaries)

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₹12 L/yr - ₹23 L/yr
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Similar Designation salaries in Dr. Reddy's

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₹4.2 L/yr - ₹12 L/yr
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₹3.3 L/yr - ₹11 L/yr
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₹5.85 L/yr - ₹21.1 L/yr
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₹3.5 L/yr - ₹12.5 L/yr
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₹3.8 L/yr - ₹12.3 L/yr
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₹20 L/yr - ₹30 L/yr
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₹2.2 L/yr - ₹10 L/yr
Pharmacist Salary
(34 salaries)
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₹1.15 L/yr - ₹6.5 L/yr
Research Scholar Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Analyst Salary
(61 salaries)
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₹2.1 L/yr - ₹6.1 L/yr

Salary related reviews for Dr. Reddy's

3.8

Rated by 6 employees for salary & benefits

Full Time

 · 

Research & Development Department

1.0
  •  posted on 03 Aug 2024

2.0
 for  Salary and Benefits

Likes

Salary and appraisals are on time. Learning and growth opportunities are available in company and it depends on the group where are you working. Regulatory, Portfolio management, supply chain, imjectable are cream departments. All other not good for growth and future perspective.

read more

Dislikes

No job security. Dont know why they are hirong and firing peoples. What is company vision and why peole are working no one knows here. No performance evaluation by department head or delivery head. Perception based and third person information based evaluation. Few Department head has kept/hire few informer for this purpose. Few of the heads are dont know basic about science but pretending to be great leaders. Worst culture. Lot of polytics outsides vs south indian. Old people not able to absorb the new peoples and keep doing polytics with new peoples.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Other Department

2.0
  •  posted on 03 Oct 2024

1.0
 for  Salary and Benefits

Likes

Work teaches and learning.

Dislikes

...le off system please provide.man power please increase.work stress is very high.salary was less no maintain my home.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Other Department

4.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

Work environment is really good. People are really supportive. Paid cafeteria is a thing which makes you feel relax whenever you are in tense situation.

read more
  • Work satisfaction - Good
  • +2 more

Dislikes

Joining salary is really good, but forget about increament. You have to struggle for getting 6-7% increament. Shifts are there, but those are even for Analytical R&D. Partiality based on departments. Most of employee benifits like gifts, annual gathering and cultural activities are closed now by the name of COVID.

read more
  • Salary - Poor

Biologics Department

4.0
  •  posted on 10 Jan 2022

3.0
 for  Salary and Benefits

Likes

The company atmosphere is good for new joiners. There is definitely lot to learn.

  • Skill development - Good
  • +3 more

Dislikes

The salaries, salary hikes are not upto the mark. Internal politics is a major concern. Every process is the burden of user itself. No proper work distribution, no defined processes, poor food quality, poor holiday policies.

read more
  • Work satisfaction - Poor

Research & Development Department

5.0
  •  posted on 06 Nov 2018

2.0
 for  Salary and Benefits

Likes

...ith the latest trends. Need patience to work in company because of slow systems. Need to compromise on growth and compensation in company. Now a days

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Good company to work with employ friendly. Need patience to work in the system and compromise on growth and compensation.

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Dr. Reddy's Formulation Specialist Salary FAQs

What is the salary of Formulation Specialist at Dr. Reddy's ?
The average salary of a Formulation Specialist at Dr. Reddy's in India typically ranges from ₹9.3 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 8 years to 16 years).

The top 10% of Formulation Specialist at Dr. Reddy's earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹24.9 Lakhs per year. Formulation Specialist Salaries at Dr. Reddy's 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 70+ Dr. Reddy's employees in India.
What is the estimated take home salary of a Formulation Specialist at Dr. Reddy's in India?
The estimated take-home salary of a Formulation Specialist at Dr. Reddy's in India typically ranges from ₹1,21,960 to ₹1,25,479 per month. This is based on the average salary range of ₹9.3 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 8 years to 16 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 70+ salaries received from various employees of Dr. Reddy's. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Formulation Specialist in companies similar to Dr. Reddy's in India?
The salary of a Formulation Specialist at companies similar to Dr. Reddy's in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equity Packaging ₹3.3 Lakhs to ₹4.1 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 Formulation Specialist at Dr. Reddy's in India?
The salary growth for a Formulation Specialist at Dr. Reddy's depends on factors such as experience, performance, and promotions. On average, a Formulation Specialist can expect the following growth trajectory at Dr. Reddy's:

Experience Average Salary Range
8 years ₹9.3 Lakhs to ₹15.2 Lakhs per year
9 years ₹10.8 Lakhs to ₹16.5 Lakhs per year
10 years ₹12.0 Lakhs to ₹18.2 Lakhs per year
11 years ₹12.0 Lakhs to ₹22.0 Lakhs per year
and so on.

Tell us how to improve this page.

Dr. Reddy's Formulation Specialist salary in India ranges between ₹9.3 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 79 Dr. Reddy's latest salaries received from various employees of Dr. Reddy's.