Lupin Mumbai Business Finance Manager Salaries by 9 Employees (Updated 2025)

4 - 11 years exp.

₹16 Lakhs - ₹22.6 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

7% less than the average Business Finance Manager Salary in Pharma Companies for 4 - 11 years of experience

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Last Updated: 20 Feb 2025

Companies similar to Lupin for Business Finance Manager in Mumbai

Lupin Business Finance Manager Salary

4 - 11 years exp. (9 salaries)

₹16 L/yr - ₹22.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Cipla Business Finance Manager Salary 2 - 10 years exp. (11 salaries)	₹13 L/yr - ₹25 L/yr 10% more
Sun Pharmaceutical Industries Business Finance Manager Salary 10 - 14 years exp. (7 salaries)	₹9.8 L/yr - ₹15.5 L/yr 31% less
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Glenmark Pharmaceuticals Business Finance Manager Salary 3 - 6 years exp. (6 salaries)	₹12 L/yr - ₹26.5 L/yr 34% more
TCS Business Finance Manager Salary 2 - 11 years exp. (25 salaries)	₹6.5 L/yr - ₹19.1 L/yr 37% less
Marico Business Finance Manager Salary 2 - 9 years exp. (17 salaries)	₹25.5 L/yr - ₹53 L/yr 78% more

Business Finance Manager salary at Lupin ranges between ₹16 Lakhs to ₹22.6 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 9 latest salaries received from various employees of Lupin.

Experience wise Lupin Business Finance Manager salaries in Mumbai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹16 L/yr - ₹19.6 L/yr
5 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
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6 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.2 L/yr
7 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
8 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
9 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
10 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
11 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.7 L/yr

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Similar Designation salaries in Lupin

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(25 salaries)

₹3.5 L/yr - ₹9.5 L/yr

Finance Manager Salary

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Sales Manager Salary

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Salary related reviews for Lupin

Area Sales Manager in Nagpur

Full Time

Other Department

5.0

• posted on 18 Nov 2024

5.0

for Salary and Benefits

Likes

I appreciated Lupin for its strong brand presence, especially in the CNS segment, which enriched my expertise with key molecules. The 9-year journey offered growth from Medical Representative to Area Business Manager, enhancing leadership skills. I valued the productive work culture, supportive team, and strong professional relationships built over time.

Salary - Excellent

+6 more

Dislikes

...Lupin, I valued the experience and growth, but there were areas for improvement. The compensation did not align with the industry standard for my role, and the consistent target pressure in recent years was challenging. Additionally, I felt there could be more opportunities for career advancement.

Sales Officer in Mumbai

Marketing & Communication Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. Company policies are good, appraisal are fair and they give good salary hike and bonus every year. Teammates are supportive give best opportunity and support for work learning experience timely for overall development of emloyee

Salary - Excellent

+6 more

Dislikes

Lupin limited have some delay in settlement of marketing claims issue. Salary is decent but career growth is slow

Sales Manager in New Delhi

Healthcare & Life Sciences Department

5.0

• posted on 05 Nov 2018

5.0

for Salary and Benefits

Likes

Its an excellent experience working at Lupin. Provides good culture to develop skills. Joined as Medical representative and got time to time promotion as a result to day working as Sales manager North.

Salary - Excellent

+6 more

Dislikes

Compensation is decent, but work pressure is very high. Sometime undeserved people get elevated which is a pain.

Area Sales Manager in Bangalore / Bengaluru

Marketing & Communication Department

4.0

• posted on 28 Jan 2020

4.0

for Salary and Benefits

Likes

I am writing this based on my 7 yrs exp. Good work culture, friendly environment, nice products, good incentives structure, supportive HR policies.

Salary - Good

Dislikes

I am writing this based on my 7 yrs exp. Less salary for internal employees, internal politics, stock dumping and adjustment with stockist, growth for boot lickers, incapable uneducated managers,

Medical Representative in Khammam

Full Time

Sales & Business Development Department

3.0

• posted on 21 Mar 2025

3.0

for Salary and Benefits

Likes

...easy to identify the doctor and products are excellent and patient satisfaction is more given more happy to me The Salary credit is really great end Of The month I getting since 3yrs

Skill development - Excellent

+3 more

Dislikes

Mainly Giving Targets very high, Appraisal is not upto the mark last year my salary increased 500 pm Salary also disappointed because my package 3.58 pa but there is lots of cuttings I got 20k pm only it is very disappointed And Sale pressure is very high in my division

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lupin Business Finance Manager Salary FAQs

What is the salary of Business Finance Manager at Lupin in Mumbai?

The average salary of a Business Finance Manager at Lupin in Mumbai typically ranges from ₹16.0 Lakhs to ₹22.6 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Business Finance Manager in Mumbai at Lupin earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.6 Lakhs per year. Business Finance Manager Salaries at Lupin 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 9 Lupin employees in India.

What is the estimated take home salary of a Business Finance Manager at Lupin in Mumbai?

The estimated take-home salary of a Business Finance Manager at Lupin in Mumbai typically ranges from ₹1,28,107 to ₹1,32,443 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹22.6 Lakhs per year for employees with experience ranging from 4 years to 11 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 9 salaries received from various employees of Lupin. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lupin for Business Finance Manager in India?

Marico	₹25.5 Lakhs to ₹53.0 Lakhs per year
Glenmark Pharmaceuticals	₹12.0 Lakhs to ₹26.5 Lakhs per year
Cipla	₹13.0 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Business Finance Manager in companies similar to Lupin in Mumbai?

The salary of a Business Finance Manager at companies similar to Lupin in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sun Pharmaceutical Industries	₹9.8 Lakhs to ₹15.5 Lakhs per year
TCS	₹6.5 Lakhs to ₹19.1 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 Business Finance Manager at Lupin in Mumbai?

The salary growth for a Business Finance Manager at Lupin in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Finance Manager in Mumbai can expect the following growth trajectory at Lupin:

Experience	Average Salary Range
4 years	₹16.0 Lakhs to ₹19.6 Lakhs per year
5 years	₹17.3 Lakhs to ₹22.1 Lakhs per year
6 years	₹17.3 Lakhs to ₹22.2 Lakhs per year
7 years	₹17.4 Lakhs to ₹22.3 Lakhs per year

and so on.

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Lupin Business Finance Manager Salaries in Mumbai

Lupin Business Finance Manager salary in Mumbai ranges between ₹16 Lakhs to ₹22.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Lupin latest salaries received from various employees of Lupin.