Magik Lights Indore Territory Sales Manager Salaries by 4 Employees (Updated 2025)

5 - 11 years exp.

₹4 Lakhs - ₹5.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

49% less than the average Territory Sales Manager Salary in Consumer Electronics & Appliances Companies for 5 - 11 years of experience

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Last Updated: 1 Jan 2025

Companies similar to Magik Lights for Territory Sales Manager in Indore

Magik Lights Territory Sales Manager Salary

5 - 11 years exp. (4 salaries)

₹4 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Territory Sales Manager Salary 6 - 12 years exp. (14 salaries)	₹4.4 L/yr - ₹11.7 L/yr 65% more
Grasim Industries Territory Sales Manager Salary 0 - 7 years exp. (13 salaries)	₹5.5 L/yr - ₹10 L/yr 60% more
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Nayara Energy Territory Sales Manager Salary 5 - 13 years exp. (13 salaries)	₹10 L/yr - ₹21 L/yr 318% more
Maruti Suzuki Territory Sales Manager Salary 3 - 10 years exp. (11 salaries)	₹13 L/yr - ₹26 L/yr 351% more	4 job openings
HDB Financial Services Territory Sales Manager Salary 4 - 11 years exp. (11 salaries)	₹5 L/yr - ₹8.2 L/yr 61% more	1 job opening

Territory Sales Manager salary at Magik Lights ranges between ₹4 Lakhs to ₹5.2 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Magik Lights.

Experience wise Magik Lights Territory Sales Manager salaries in Indore

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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7 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr

View all

Salary related reviews for Magik Lights

Operations Manager in Howrah

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 03 Dec 2022

5.0

for Salary and Benefits

Likes

Good work culture, good salary, Job satisfaction, Timely promotion & appraisals, 👍👍

Salary - Excellent

+4 more

Dislikes

Skill development was missing, and job security was not up to the desired level, Middle Management not good and poor inter-Departmental coordination 👎

Deputy Manager Brand in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 17 Sep 2023

4.0

for Salary and Benefits

Likes

...doing pretty well. They have a swanky office and chairman is very down to earth. Pay package is good and work life balance is good as well.

Salary - Good

+1 more

Dislikes

The owner has no focus on LED business, it's not growing so people growth is dicey in terms of skill & career development. There is no proper strategic direction of work.

Skill development - Poor

+1 more

Senior Design Engineer in Howrah

Research & Development Department

1.0

• posted on 12 Jul 2020

2.0

for Salary and Benefits

Likes

There is no support to employees for covid. There is salary cut till now and many people were forced resign. It is a dangerous company for career

Skill development - Good

+1 more

Dislikes

Job security is very bad. People are asked to resign anytime. This is very frequent for all levels from junior employees to HODs. Every year a new person holds a position.

Salary - Poor

+3 more

Branch Head in Kochi

Full Time

Sales & Business Development Department

3.0

• posted on 05 Nov 2024

3.0

for Salary and Benefits

Likes

Its a very big group of companies. Stable financial status Quality

Dislikes

Pathetic and Egoistic Senior Mangers No vision for Brand development Out dated scheme criteria No attention to the market scenario No innovative thinking as per market requirement. A traditional lighting business style Poor HR

Skill development - Bad

+4 more

Area Sales Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 17 Dec 2019

4.0

for Salary and Benefits

Likes

The company excellent in faith on him employees & better service to client , best quality in production department , any claims or scheme clear time to time Company is Best for my way.

Salary - Good

+6 more

Dislikes

only for management

see more salary related reviews

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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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Magik Lights Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Magik Lights in Indore?

The average salary of a Territory Sales Manager at Magik Lights in Indore typically ranges from ₹4.0 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Territory Sales Manager in Indore at Magik Lights earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Territory Sales Manager Salaries at Magik Lights 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 4 Magik Lights employees in India.

What is the estimated take home salary of a Territory Sales Manager at Magik Lights in Indore?

The estimated take-home salary of a Territory Sales Manager at Magik Lights in Indore typically ranges from ₹34,492 to ₹35,739 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 5 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 4 salaries received from various employees of Magik Lights. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magik Lights for Territory Sales Manager in India?

Maruti Suzuki	₹13.0 Lakhs to ₹26.0 Lakhs per year
Nayara Energy	₹10.0 Lakhs to ₹21.0 Lakhs per year
Reliance Retail	₹4.4 Lakhs to ₹11.7 Lakhs per year
HDB Financial Services	₹5.0 Lakhs to ₹8.2 Lakhs per year
Grasim Industries	₹5.5 Lakhs to ₹10.0 Lakhs per year

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

How the salary growth look like for a Territory Sales Manager at Magik Lights in Indore?

The salary growth for a Territory Sales Manager at Magik Lights in Indore depends on factors such as experience, performance, and promotions. On average, a Territory Sales Manager in Indore can expect the following growth trajectory at Magik Lights:

Experience	Average Salary Range
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹3.7 Lakhs to ₹4.8 Lakhs per year
7 years	₹3.8 Lakhs to ₹4.9 Lakhs per year
8 years	₹3.9 Lakhs to ₹5.0 Lakhs per year

and so on.

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Magik Lights Territory Sales Manager Salaries in Indore

Magik Lights Territory Sales Manager salary in Indore ranges between ₹4 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magik Lights latest salaries received from various employees of Magik Lights.