Lupin Mumbai Finance Manager Salaries by 20+ Employees (Updated 2025)

0 - 12 years exp.

₹10 Lakhs - ₹25.5 Lakhs

Salary of majority employees

Fixed (96%)

₹18.2 Lakhs

Variable (4%)

₹0.8 Lakh

7% more than the average Finance Manager Salary in Pharma Companies for 0 - 12 years of experience

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Salaries in different departments

Finance & Accounting Finance Manager Salary 1 - 12 years exp. (15 salaries)	₹13 L/yr - ₹25.5 L/yr
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Strategic & Top Management Finance Manager Salary 2 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹22.1 L/yr

Last Updated: 22 Mar 2025

Companies similar to Lupin for Finance Manager in Mumbai

Lupin Finance Manager Salary

0 - 12 years exp. (22 salaries)

₹10 L/yr - ₹25.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Cipla Finance Manager Salary 4 - 15 years exp. (20 salaries)	₹9.8 L/yr - ₹30 L/yr 10% more
Sun Pharmaceutical Industries Finance Manager Salary 2 - 17 years exp. (18 salaries)	₹8.2 L/yr - ₹21.5 L/yr 10% less
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Piramal Group Finance Manager Salary 1 - 10 years exp. (16 salaries)	₹9.5 L/yr - ₹23 L/yr 3% more
Abbott Finance Manager Salary 6 - 15 years exp. (15 salaries)	₹11 L/yr - ₹30 L/yr 11% more	1 job opening
Glenmark Pharmaceuticals Finance Manager Salary 6 - 11 years exp. (9 salaries)	₹10.8 L/yr - ₹29 L/yr 40% more
Cipla Health Finance Manager Salary 0 - 12 years exp. (6 salaries)	₹9.9 L/yr - ₹12.5 L/yr 42% less
Ajanta Pharma Finance Manager Salary 12 - 16 years exp. (4 salaries)	₹15.5 L/yr - ₹19 L/yr 7% less
GlaxoSmithKline Pharmaceuticals Finance Manager Salary 6 - 12 years exp. (3 salaries)	₹25.5 L/yr - ₹30 L/yr 40% more
Alkem Laboratories Finance Manager Salary 3 - 6 years exp. (3 salaries)	₹16 L/yr - ₹23 L/yr 2% more

Finance Manager salary at Lupin ranges between ₹10 Lakhs to ₹25.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 22 latest salaries received from various employees of Lupin.

Experience wise Lupin Finance Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹19.1 L/yr
1 year (3 salaries)	₹10.7 L/yr - ₹28.2 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹29.2 L/yr
3 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹18.3 L/yr
4 years (3 salaries)	₹13 L/yr - ₹19.1 L/yr
5 years (AmbitionBox Estimate)	₹16 L/yr - ₹20 L/yr
6 years (4 salaries)	₹7.4 L/yr - ₹25.5 L/yr
7 years (3 salaries)	₹13 L/yr - ₹24.5 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹23 L/yr
9 years (AmbitionBox Estimate)	₹8 L/yr - ₹25 L/yr
10 years (AmbitionBox Estimate)	₹18.6 L/yr - ₹23.8 L/yr
11 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹39.2 L/yr

View all

Similar Designation salaries in Lupin

Area Sales Manager Salary

(30 salaries)

₹4.5 L/yr - ₹9.3 L/yr

Finance Executive Salary

(24 salaries)

₹3.5 L/yr - ₹9.5 L/yr

Business Finance Manager Salary

(9 salaries)

₹16 L/yr - ₹22.6 L/yr

Sales Manager Salary

(8 salaries)

₹16.7 L/yr - ₹31 L/yr

Top skills at Lupin for Finance Manager

Biz Dev Finance Auditing Budgeting Variance Analysis Cobol Management Reporting Variance Analysis Reporting Software Configuration Management Supervision Management Accounting Relationship Management global sales Troubleshooting

Salary related reviews for Lupin

3.1

Rated by 6 employees for salary & benefits

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,

Sales Coordinator in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 13 Jan 2025

1.0

for Salary and Benefits

Likes

In Lupin pharma sat sun off and mostly indian festival holidays

Work satisfaction - Good

+2 more

Dislikes

I was working on third party pay role so if someone's planning to work on third party pay role I request not to join you won't get any benefit and you will always be criticize for being on third party

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Lupin Finance Manager Salary FAQs

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

The average salary of a Finance Manager at Lupin in Mumbai typically ranges from ₹10.0 Lakhs to ₹25.5 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Finance Manager in Mumbai at Lupin earn more than ₹24.7 Lakhs per year, and the top 1% earn over ₹25.5 Lakhs per year. 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 20+ Lupin employees in India.

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

The estimated take-home salary of a Finance Manager at Lupin in Mumbai typically ranges from ₹1,26,400 to ₹1,30,508 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹25.5 Lakhs per year for employees with experience ranging from Fresher to 12 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 Lupin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Finance Manager at Lupin in Mumbai?

To be a Finance Manager at Lupin in Mumbai, the key skills required include:

- Biz Dev
- Finance
- Auditing
- Budgeting
- Variance Analysis

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

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

Glenmark Pharmaceuticals	₹10.8 Lakhs to ₹29.0 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹25.5 Lakhs to ₹30.0 Lakhs per year
Abbott	₹11.0 Lakhs to ₹30.0 Lakhs per year
Cipla	₹9.8 Lakhs to ₹30.0 Lakhs per year
Piramal Group	₹9.5 Lakhs to ₹23.0 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 Finance Manager in companies similar to Lupin in Mumbai?

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

Alkem Laboratories	₹16.0 Lakhs to ₹23.0 Lakhs per year
Ajanta Pharma	₹15.5 Lakhs to ₹19.0 Lakhs per year
Sun Pharmaceutical Industries	₹8.2 Lakhs to ₹21.5 Lakhs per year
Cipla Health	₹9.9 Lakhs to ₹12.5 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 Finance Manager at Lupin in Mumbai?

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

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹19.1 Lakhs per year
1 year	₹10.7 Lakhs to ₹28.2 Lakhs per year
2 years	₹10.0 Lakhs to ₹29.2 Lakhs per year
3 years	₹6.7 Lakhs to ₹18.3 Lakhs per year

and so on.

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Lupin Finance Manager Salaries in Mumbai

Lupin Finance Manager salary in Mumbai ranges between ₹10 Lakhs to ₹25.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Lupin latest salaries received from various employees of Lupin.