Lupin Mumbai Manager M1 Salaries by 9 Employees (Updated 2025)

7 - 16 years exp.

₹11.7 Lakhs - ₹18.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% more than the average Manager M1 Salary in Pharma Companies for 7 - 16 years of experience

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Salaries in different departments

Healthcare & Life Sciences Manager M1 Salary 7 - 11 years exp. (3 salaries)	₹12 L/yr - ₹17 L/yr
Legal & Regulatory Manager M1 Salary 10 - 13 years exp. (3 salaries)	₹13.4 L/yr - ₹15 L/yr
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Finance & Accounting Manager M1 Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹18.5 L/yr
Procurement & Supply Chain Manager M1 Salary 16 years exp. (AmbitionBox Estimate)	₹14.5 L/yr - ₹16.6 L/yr

Last Updated: 31 Jan 2025

Companies similar to Lupin for Manager M1 in Mumbai

Lupin Manager M1 Salary

7 - 16 years exp. (9 salaries)

₹11.7 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Sun Pharmaceutical Industries Manager M1 Salary 12 - 20 years exp. (3 salaries)	₹19.1 L/yr - ₹24 L/yr 43% more
ICICI Bank Manager M1 Salary 1 - 17 years exp. (506 salaries)	₹4.5 L/yr - ₹15 L/yr 30% less
Login to view exact salary
ICICI Securities Manager M1 Salary 4 - 10 years exp. (27 salaries)	₹4.3 L/yr - ₹9 L/yr 57% less
Capgemini Manager M1 Salary 10 - 17 years exp. (26 salaries)	₹9.4 L/yr - ₹24 L/yr 2% less
ICICI Prudential Life Insurance Manager M1 Salary 1 - 11 years exp. (25 salaries)	₹6 L/yr - ₹9.5 L/yr 50% less

Manager M1 salary at Lupin ranges between ₹11.7 Lakhs to ₹18.5 Lakhs per year for employees with experience between 7 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Lupin.

Experience wise Lupin Manager M1 salaries in Mumbai

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
8 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
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9 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
11 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.3 L/yr
12 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
15+ years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr

View all

Similar Designation salaries in Lupin

Project Manager Salary

(14 salaries)

₹11.75 L/yr - ₹25 L/yr

Area Manager Salary

(13 salaries)

₹4.6 L/yr - ₹10.5 L/yr

Salary related reviews for Lupin

5.0

Rated by 1 employees for salary & benefits

Area Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 06 Oct 2023

2.0

for Salary and Benefits

Likes

Lupin is a good house in pharmaceutical sector, it is 4rth largest Indian company.

Company culture - Good

Dislikes

Salary structure is lupin is not good for old employees, becouse according to time old employees salary is not up to date

Salary - Poor

Area Manager in Mumbai

Full Time

Phoenix Department

3.0

• posted on 12 Aug 2020

2.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are also good.

Skill development - Good

+1 more

Dislikes

The management is not good, the salary is also below average we could not meet our expenses as of now. Too much politics. Company always think about cost cutting in every aspect. Our personal life is also ruined. I am leaving the organisation.

Salary - Poor

+2 more

Area Manager in Mumbai

Marketing & Communication Department

4.0

• posted on 22 Jan 2020

4.0

for Salary and Benefits

Likes

Company is good in all aspects work culture,incremental polices customer friendly .

Salary - Good

+5 more

Dislikes

Compensation is good but growth is slow. From past 2& 3 year management's recruit outsider instead of internal promotion that's why several employees of Lupin quit the company

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

Executive Regulatory Affairs in Navi Mumbai

Full Time

Other Department

5.0

• posted on 02 Feb 2025

3.0

for Salary and Benefits

Likes

The work life balance at Lupin is great. The support of the higher management is also good. You can learn as much as you want and there is no restrictions to learn new things.

Skill development - Excellent

+5 more

Dislikes

Salary is at lower site as compared to market standards.

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Lupin Manager M1 Salary FAQs

What is the salary of Manager M1 at Lupin in Mumbai?

The average salary of a Manager M1 at Lupin in Mumbai typically ranges from ₹11.7 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 7 years to 16 years).

The top 10% of Manager M1 in Mumbai at Lupin earn more than ₹17.9 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Manager M1 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 Manager M1 at Lupin in Mumbai?

The estimated take-home salary of a Manager M1 at Lupin in Mumbai typically ranges from ₹1,04,868 to ₹1,07,747 per month. This is based on the average salary range of ₹11.7 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 7 years to 16 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 Manager M1 in India?

Sun Pharmaceutical Industries

₹19.1 Lakhs to ₹24.0 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 Manager M1 in companies similar to Lupin in Mumbai?

The salary of a Manager M1 at companies similar to Lupin in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini	₹9.4 Lakhs to ₹24.0 Lakhs per year
ICICI Bank	₹4.5 Lakhs to ₹15.0 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹9.5 Lakhs per year
ICICI Securities	₹4.3 Lakhs to ₹9.0 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 Manager M1 at Lupin in Mumbai?

The salary growth for a Manager M1 at Lupin in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager M1 in Mumbai can expect the following growth trajectory at Lupin:

Experience	Average Salary Range
7 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
8 years	₹13.1 Lakhs to ₹16.8 Lakhs per year
9 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
10 years	₹13.4 Lakhs to ₹17.1 Lakhs per year

and so on.

Tell us how to improve this page.

Lupin Manager M1 salary in Mumbai ranges between ₹11.7 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Lupin latest salaries received from various employees of Lupin.