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

0 - 3 years exp.

₹7 Lakhs - ₹11.1 Lakhs

Salary of majority employees

Fixed (96%)

₹9.3 Lakhs

Variable (4%)

₹0.4 Lakh

26% less than the average Equity Research Associate Salary in IT Services & Consulting Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Equity Research Associate Salary 1 - 3 years exp. (7 salaries)	₹7.4 L/yr - ₹9.5 L/yr
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Finance & Accounting Equity Research Associate Salary 0 - 2 years exp. (5 salaries)	₹7.5 L/yr - ₹10.5 L/yr

Last Updated: 8 Feb 2025

Companies similar to Evalueserve for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (39 salaries)	₹22 L/yr - ₹49 L/yr 317% more	1 job opening
Zacks Research Equity Research Associate Salary 0 - 3 years exp. (29 salaries)	₹2 L/yr - ₹5 L/yr 57% less
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Elara Capital Equity Research Associate Salary 1 - 7 years exp. (21 salaries)	₹8.4 L/yr - ₹19 L/yr 33% more
Prabhudas Lilladher Equity Research Associate Salary 0 - 3 years exp. (19 salaries)	₹7 L/yr - ₹11 L/yr 14% less
Dolat Capital Market Equity Research Associate Salary 0 - 6 years exp. (18 salaries)	₹4 L/yr - ₹12.1 L/yr 4% less

Equity Research Associate salary at Evalueserve ranges between ₹7 Lakhs to ₹11.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 26 latest salaries received from various employees of Evalueserve.

Experience wise Evalueserve Equity Research Associate salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3.8 L/yr - ₹11.1 L/yr
1 year (10 salaries)	₹7 L/yr - ₹10 L/yr
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2 years (9 salaries)	₹7.5 L/yr - ₹10.5 L/yr
3 years (4 salaries)	₹7.5 L/yr - ₹17.8 L/yr

Similar Designation salaries in Evalueserve

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₹6 L/yr - ₹15 L/yr

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Senior Associate Salary

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₹5 L/yr - ₹16.23 L/yr

Research Analyst Salary

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₹3.9 L/yr - ₹11 L/yr

Senior Equity Research Analyst Salary

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₹13.1 L/yr - ₹16 L/yr

Equity Analyst Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Investment Analyst Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Financial Analyst Salary

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₹4.5 L/yr - ₹10 L/yr

Senior Analyst Salary

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₹5.35 L/yr - ₹20 L/yr

Top skills at Evalueserve for Equity Research Associate

Financial Modelling Equity Research Valuation Excel Consumer Durables DCF Company Valuation Investment Research Fundamental Research leisure

Salary related reviews for Evalueserve

1.2

Rated by 2 employees for salary & benefits

Analyst in Gurgaon / Gurugram

Full Time

Research & Development Department

2.0

• posted on 12 Oct 2024

4.0

for Salary and Benefits

Likes

Here the only thing that is good is your salary else nothing is good over here

Salary - Good

Dislikes

Never ever work in rapid research team here. Politics, favouritism will disturb your mental peace. Inspite of doing efforts still not getting appreciated because of biasness affects mental heath here. If you are good in terms with your manager then everything will ne good otherwise it will be a hell

Skill development - Bad

+3 more

Analyst in Gurgaon / Gurugram

Full Time

Consulting Department

4.0

• posted on 05 Jun 2024

3.0

for Salary and Benefits

Likes

Work culture is great overall. Peers are helpful and management is approachable.

Skill development - Good

+4 more

Dislikes

Compensation is below par in some areas. Sometimes there are uncertainties with projects, which can lead you to be moved around to different teams which badly impacts year end performance reviews,

Senior Analyst in Gurgaon / Gurugram

Full Time

Consulting Department

3.0

• posted on 21 Nov 2023

4.0

for Salary and Benefits

Likes

Skills and development, got a lot of courses. That is actually industry specific! Also the pay is as per the norms

Salary - Good

+1 more

Dislikes

Pathetic work culture! 3 months of notice period and the Appraisal cycle is Jan - Dec but they won't tell your rating until March! And even if work for the entire year if you resign during Jan to March, you won't get any appraisals for Jan - Dec! Not employee friendly infact it is employee exploiting policies!

Work satisfaction - Bad

+2 more

Senior Analyst in Gurgaon / Gurugram

Full Time

Data Science & Analytics Department

3.0

• posted on 11 Sep 2023

1.0

for Salary and Benefits

Likes

You get good learning space and get the opportunity to work with big clients Team and management is good, they are approachable

Job security - Excellent

Dislikes

...eliver all of them by evening They are facing high attrition rate due to salary Also company is facing impact of recession, so there is very less scope of salary hike this year too

Salary - Bad

+4 more

Research Associate in Gurgaon / Gurugram

Full Time

Healthcare & Life Sciences Department

5.0

• posted on 03 May 2021

5.0

for Salary and Benefits

Likes

Good Working ambience. Teammates are extremely helpful and management is transparent.

Salary - Excellent

+6 more

Dislikes

Variable pay is very less, fast paced, keep you on toes, hectic working hours but depends projects, average salary

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Evalueserve Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at Evalueserve ?

The average salary of a Equity Research Associate at Evalueserve in India typically ranges from ₹7.0 Lakhs to ₹11.1 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Equity Research Associate at Evalueserve earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹11.1 Lakhs per year. Equity Research Associate Salaries at Evalueserve 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+ Evalueserve employees in India.

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

The estimated take-home salary of a Equity Research Associate at Evalueserve in India typically ranges from ₹69,960 to ₹71,758 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹11.1 Lakhs per year for employees with experience ranging from Fresher to 3 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 Evalueserve. 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 Evalueserve ?

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

- Financial Modelling
- Equity Research
- Valuation
- Excel
- Consumer Durables

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

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

JPMorgan Chase & Co.	₹22.0 Lakhs to ₹49.0 Lakhs per year
Elara Capital	₹8.4 Lakhs to ₹19.0 Lakhs per year

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

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

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

Dolat Capital Market	₹4.0 Lakhs to ₹12.1 Lakhs per year
Prabhudas Lilladher	₹7.0 Lakhs to ₹11.0 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 Evalueserve in India?

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

Experience	Average Salary Range
Fresher	₹3.8 Lakhs to ₹11.1 Lakhs per year
1 year	₹7.0 Lakhs to ₹10.0 Lakhs per year
2 years	₹7.5 Lakhs to ₹10.5 Lakhs per year
3 years	₹7.5 Lakhs to ₹17.8 Lakhs per year

and so on.

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Evalueserve Equity Research Associate Salaries

Evalueserve Equity Research Associate salary in India ranges between ₹7 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 Evalueserve latest salaries received from various employees of Evalueserve.