Elara Capital Equity Research Associate Salaries by 20+ Employees (Updated 2025)

1 - 7 years exp.

₹8.4 Lakhs - ₹19 Lakhs

Salary of majority employees

At par with the average Equity Research Associate Salary in Financial Services Companies for 1 - 7 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Equity Research Associate Salary 2 - 4 years exp. (6 salaries)	₹10 L/yr - ₹16 L/yr
Finance & Accounting Equity Research Associate Salary 1 - 4 years exp. (5 salaries)	₹8.4 L/yr - ₹12 L/yr
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Strategic & Top Management Equity Research Associate Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹14 L/yr

Last Updated: 6 Feb 2025

Companies similar to Elara Capital for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Edelweiss Equity Research Associate Salary 0 - 3 years exp. (10 salaries)	₹13 L/yr - ₹16 L/yr 13% more
Motilal Oswal Financial Services Equity Research Associate Salary 1 - 4 years exp. (8 salaries)	₹6 L/yr - ₹14.3 L/yr 30% less
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IIFL Finance Equity Research Associate Salary 0 - 4 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 20% more
HDFC Securities Equity Research Associate Salary 0 - 5 years exp. (16 salaries)	₹7 L/yr - ₹29 L/yr 30% more
Kotak Securities Equity Research Associate Salary 0 - 2 years exp. (4 salaries)	₹2.3 L/yr - ₹5.2 L/yr 73% less
ICICI Securities Equity Research Associate Salary 0 - 7 years exp. (16 salaries)	₹7 L/yr - ₹20 L/yr 7% more
Axis Direct Equity Research Associate Salary 1 - 2 years exp. (9 salaries)	₹4 L/yr - ₹7 L/yr 48% less
Reliance Securities Equity Research Associate Salary 4 - 7 years exp. (4 salaries)	₹8 L/yr - ₹9 L/yr 34% less
Angel One Equity Research Associate Salary 2 - 9 years exp. (3 salaries)	₹4 L/yr - ₹15 L/yr 27% less
IDBI Capital Equity Research Associate Salary 0 - 3 years exp. (16 salaries)	₹3.9 L/yr - ₹6.5 L/yr 57% less

Equity Research Associate salary at Elara Capital ranges between ₹8.4 Lakhs to ₹19 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 21 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Equity Research Associate salaries

Last Updated: 6 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹9.5 L/yr - ₹12 L/yr
2 years (3 salaries)	₹11.5 L/yr - ₹16 L/yr
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3 years (7 salaries)	₹8.4 L/yr - ₹16 L/yr
4 years (5 salaries)	₹8.4 L/yr - ₹19 L/yr
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.9 L/yr
6 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
7 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Elara Capital

Research Associate Salary

(4 salaries)

₹7.5 L/yr - ₹16 L/yr

Equity Research Analyst Salary

(3 salaries)

₹12 L/yr - ₹23.11 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.7 L/yr

Equity Dealer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Equity Advisor Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹57 L/yr - ₹63 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Top skills at Elara Capital for Equity Research Associate

Equity Research Financial Modelling data ICU Financial Research Equity Analysis Financial Modelling Equity Research Valuation

Salary related reviews for Elara Capital

2.0

Rated by 1 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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Salary Discussions, Hike & Promotions

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Elara Capital Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Elara Capital?

Equity Research Associate salary at Elara Capital in India ranges between ₹8.4 Lakhs to ₹19.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 1% less than the average Equity Research Associate Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Elara Capital India.

How does the salary of a Equity Research Associate at Elara Capital India compare with the average salary range for this job?

The average salary of a Equity Research Associate at Elara Capital is 1% less than the average salary of a Equity Research Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Equity Research Associate at Elara Capital?

Equity Research, Financial Modelling, data, ICU and Financial Research are some of the popular skills required to work as a Equity Research Associate at Elara Capital India.

Which similar companies are paying more than Elara Capital to a Equity Research Associate in India?

HDFC Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹29.0 Lakhs per year
IIFL Finance Equity Research Associate Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Edelweiss Equity Research Associate Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
ICICI Securities Equity Research Associate Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Equity Research Associate in companies similar to Elara Capital in India?

Angel One Equity Research Associate Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Motilal Oswal Financial Services Equity Research Associate Salary - ₹6.0 Lakhs to ₹14.3 Lakhs per year
Reliance Securities Equity Research Associate Salary - ₹8.0 Lakhs to ₹9.0 Lakhs per year
Axis Direct Equity Research Associate Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
IDBI Capital Equity Research Associate Salary - ₹3.9 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Equity Research Associate at Elara Capital in India?

The estimated take-home salary of a Equity Research Associate at Elara Capital ranges between ₹91,057 per month to ₹93,452 per month in India. The take-home salary calculation is based on the average Elara Capital Equity Research Associate salary in India which ranges between ₹8.4 Lakhs to ₹19.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Equity Research Associate at Elara Capital?

According to AmbitionBox, 82% of the Elara Capital Equity Research Associates reported a notice period of 3 Months, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Elara Capital Equity Research Associate Salaries

Elara Capital Equity Research Associate salary in India ranges between ₹8.4 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Elara Capital latest salaries received from various employees of Elara Capital.