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

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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 - ₹13.9 L/yr

Last Updated: 10 Mar 2025

Companies similar to Elara Capital for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
IDBI Capital Equity Research Associate Salary 0 - 3 years exp. (16 salaries)	₹3.9 L/yr - ₹6.5 L/yr 57% less
Nomura Structured Finance Services Equity Research Associate Salary 2 - 5 years exp. (3 salaries)	₹15 L/yr - ₹18 L/yr 25% more
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JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (39 salaries)	₹22 L/yr - ₹49 L/yr 214% more	1 job opening
Zacks Research Equity Research Associate Salary 0 - 3 years exp. (29 salaries)	₹2 L/yr - ₹5 L/yr 68% less
Evalueserve Equity Research Associate Salary 0 - 3 years exp. (26 salaries)	₹7 L/yr - ₹11.1 L/yr 25% 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: 10 Mar 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 - ₹15.7 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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Shifting from Bangalore to Hyderabad

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Elara Capital Equity Research Associate Salary FAQs

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

The average salary of a Equity Research Associate at Elara Capital in India typically ranges from ₹8.4 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Equity Research Associate at Elara Capital earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Equity Research Associate Salaries at Elara Capital 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 20+ Elara Capital employees in India.

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 in India typically ranges from ₹90,830 to ₹93,219 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 20+ salaries received from various employees of Elara Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Equity Research Associate at Elara Capital ?

To be a Equity Research Associate at Elara Capital in india, the key skills required include:

- Equity Research
- Financial Modelling
- data
- ICU
- Financial Research

These skills are highly valued at Elara Capital and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Elara Capital for Equity Research Associate in India?

JPMorgan Chase & Co.	₹22.0 Lakhs to ₹49.0 Lakhs per year
Nomura Structured Finance Services	₹15.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Elara Capital, depending on the role and experience level.

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

The salary of a Equity Research Associate at companies similar to Elara Capital in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Evalueserve	₹7.0 Lakhs to ₹11.1 Lakhs per year
IDBI Capital	₹3.9 Lakhs to ₹6.5 Lakhs per year
Zacks Research	₹2.0 Lakhs to ₹5.0 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 Equity Research Associate at Elara Capital in India?

The salary growth for a Equity Research Associate at Elara Capital depends on factors such as experience, performance, and promotions. On average, a Equity Research Associate can expect the following growth trajectory at Elara Capital:

Experience	Average Salary Range
1 year	₹9.5 Lakhs to ₹12.0 Lakhs per year
2 years	₹11.5 Lakhs to ₹16.0 Lakhs per year
3 years	₹8.4 Lakhs to ₹16.0 Lakhs per year
4 years	₹8.4 Lakhs to ₹19.0 Lakhs per year

and so on.

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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.