Lyka Labs Senior Formulation Development Manager Salaries by Employees (Updated 2025)

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₹11.8 Lakhs - ₹15.1 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 28 Feb 2025

Companies similar to Lyka Labs for Senior Formulation Development Manager

Company name	Avg Annual Salary	Open Jobs
Chromo Health Care Senior Formulation Development Manager Salary 14 - 19 years exp. (4 salaries)	₹11.5 L/yr - ₹12.5 L/yr 9% less
Ajanta Pharma Senior Formulation Development Manager Salary 13 - 15 years exp. (4 salaries)	₹20.4 L/yr - ₹23 L/yr 60% more
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JAMP Pharma Corporation Senior Formulation Development Manager Salary 12 - 15 years exp. (4 salaries)	₹15 L/yr - ₹18 L/yr 23% more
Kayura Effect Senior Formulation Development Manager Salary 4 - 5 years exp. (3 salaries)	₹8.3 L/yr - ₹12.1 L/yr 29% less
Selvok Pharmaceutical Senior Formulation Development Manager Salary 14 - 16 years exp. (3 salaries)	₹14.5 L/yr - ₹15.7 L/yr 11% more

Senior Formulation Development Manager salary at Lyka Labs ranges between ₹11.8 Lakhs to ₹15.1 Lakhs per year for employees with 13 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Lyka Labs.

Salary related reviews for Lyka Labs

5.0

Rated by 1 employees for salary & benefits

Executive in Gidc Ankleshwar

Full Time

Engineering - Software & QA Department

2.0

• posted on 12 Jun 2024

1.0

for Salary and Benefits

Likes

Flexible timing General sift Chance to learn manual work

Dislikes

No planing of production No give coff Less salary Partial culture Management and compny have communication gape Un planned odit and production.. No travelling allowce No lunch or meal provided No stable staff

Salary - Bad

+6 more

Senior Sales Manager in Mumbai

Sales & Business Development Department

1.0

• posted on 11 Jun 2020

1.0

for Salary and Benefits

Likes

Nothing which to be appropriate Since day one politics in management I don't like anything in my tenure

Dislikes

Very poor Management full of politics Salary was not on Time, Not received full and final account settlement since I left Nobody picking my phone in office to tell about my settlement I don't think so I will be get my settlement even I have sent all the necessary documents for settlement

Salary - Bad

+6 more

Junior Executive in Ankleshwar

Research & Development Department

3.0

• posted on 01 Nov 2018

3.0

for Salary and Benefits

Likes

Nice company to start carrier. I learned many things from here such as QC analysis, QA, documentation Micro analysis. I suggested fresher to join this company surely they will learn to much here rather then any where.

Skill development - Good

+4 more

Dislikes

salary issue otherwise nice company.

Officer in Ankleshwar

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 26 Jul 2023

3.0

for Salary and Benefits

Likes

Total backward this company and there management, in this company union worker is everything, if union want to remove, anyone staff person can fired very easily

Dislikes

Everything, there are no work flow system, there is all female worker's work so you can't say a single word to them

Skill development - Bad

+5 more

Department Manager in Mumbai Grantroad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 12 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing is to be liked, horrible culture no good place to work. Terrible management. They don't know even how to speak to employee. Worst company in my life. If you have another option just go for that.

Dislikes

Every thing is to be dislike

Salary - Bad

+6 more

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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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Lyka Labs Senior Formulation Development Manager Salary FAQs

How the salary growth look like for a Senior Formulation Development Manager at Lyka Labs in India?

The salary growth for a Senior Formulation Development Manager at Lyka Labs depends on factors such as experience, performance, and promotions. On average, a Senior Formulation Development Manager can expect the following growth trajectory at Lyka Labs:

Experience	Average Salary Range
13 years	₹11.8 Lakhs to ₹15.1 Lakhs per year

and so on.

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Lyka Labs Senior Formulation Development Manager Salaries

Lyka Labs Senior Formulation Development Manager salary in India ranges between ₹11.8 Lakhs to ₹15.1 Lakhs. This is an estimate based on latest salaries received from employees of Lyka Labs.