Elara Capital Mumbai Equity Research Analyst Salaries by 3 Employees (Updated 2025)

2 - 8 years exp.

₹12 Lakhs - ₹23.7 Lakhs

Low Confidence

Salary of majority employees

54% more than the average Equity Research Analyst Salary in Financial Services Companies for 2 - 8 years of experience

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Last Updated: 7 Sep 2024

Companies similar to Elara Capital for Equity Research Analyst in Mumbai

Elara Capital Equity Research Analyst Salary

2 - 8 years exp. (3 salaries)

₹12 L/yr - ₹23.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Equity Research Analyst Salary 2 - 12 years exp. (9 salaries)	₹14 L/yr - ₹44.2 L/yr 22% more
Motilal Oswal Financial Services Equity Research Analyst Salary 1 - 7 years exp. (22 salaries)	₹4 L/yr - ₹15.3 L/yr 58% less
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JM Financial Equity Research Analyst Salary 2 - 5 years exp. (9 salaries)	₹15 L/yr - ₹19 L/yr 15% less
HDFC Securities Equity Research Analyst Salary 1 - 5 years exp. (11 salaries)	₹8.4 L/yr - ₹13.7 L/yr 48% less
ICICI Securities Equity Research Analyst Salary 0 - 9 years exp. (33 salaries)	₹6.8 L/yr - ₹24.5 L/yr 29% less
Axis Direct Equity Research Analyst Salary 1 - 13 years exp. (8 salaries)	₹9.2 L/yr - ₹23 L/yr 14% less
IDBI Capital Equity Research Analyst Salary 1 - 7 years exp. (3 salaries)	₹2 L/yr - ₹18.4 L/yr 58% less

Equity Research Analyst salary at Elara Capital ranges between ₹12 Lakhs to ₹23.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Equity Research Analyst salaries in Mumbai

Last Updated: 7 Sep 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹15 L/yr - ₹33.6 L/yr
3 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
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4 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹36 L/yr
6 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.6 L/yr
7 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24.1 L/yr
8 years (AmbitionBox Estimate)	₹19 L/yr - ₹38.5 L/yr

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Similar Designation salaries in Elara Capital

Analyst Salary

(6 salaries)

₹4.4 L/yr - ₹12 L/yr

Salary related reviews for Elara Capital

1.2

Rated by 2 employees for salary & benefits

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Company culture - Good

+1 more

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Skill development - Poor

+1 more

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Job security - Excellent

+4 more

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

Salary - Bad

+6 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Elara Capital Equity Research Analyst Salary FAQs

What is the notice period for Equity Research Analyst at Elara Capital in Mumbai?

According to AmbitionBox, 100% of the Elara Capital Equity Research Analysts in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Elara Capital Equity Research Analyst Salaries in Mumbai

Elara Capital Equity Research Analyst salary in Mumbai ranges between ₹12 Lakhs to ₹23.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Elara Capital latest salaries received from various employees of Elara Capital.