Narnolia Financial Advisors Mumbai Equity Research Analyst Salaries by 5 Employees (Updated 2025)

3 - 4 years exp.

₹6.7 Lakhs - ₹13.5 Lakhs

Salary of majority employees

31% less than the average Equity Research Analyst Salary in Financial Services Companies for 3 - 4 years of experience

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Salaries in different departments

Finance & Accounting Equity Research Analyst Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹9 L/yr
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BFSI, Investments & Trading Equity Research Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.2 L/yr

Last Updated: 14 Mar 2023

Companies similar to Narnolia Financial Advisors for Equity Research Analyst in Mumbai

Narnolia Financial Advisors Equity Research Analyst Salary

3 - 4 years exp. (5 salaries)

₹6.7 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Equity Research Analyst Salary 1 - 7 years exp. (22 salaries)	₹4 L/yr - ₹15.3 L/yr 6% less
Edelweiss Equity Research Analyst Salary 2 - 12 years exp. (9 salaries)	₹14 L/yr - ₹44.2 L/yr 172% more
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HDFC Securities Equity Research Analyst Salary 1 - 6 years exp. (11 salaries)	₹8.4 L/yr - ₹13.7 L/yr 16% more
Sharekhan Equity Research Analyst Salary 1 - 8 years exp. (11 salaries)	₹8 L/yr - ₹27.2 L/yr 74% more	1 job opening
ICICI Securities Equity Research Analyst Salary 0 - 9 years exp. (33 salaries)	₹6.8 L/yr - ₹24.5 L/yr 58% more
Axis Direct Equity Research Analyst Salary 1 - 13 years exp. (8 salaries)	₹9.2 L/yr - ₹23 L/yr 92% more
Centrum Group Equity Research Analyst Salary 1 - 5 years exp. (3 salaries)	₹9.5 L/yr - ₹15 L/yr 39% more
Dealmoney Securities Equity Research Analyst Salary 2 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 63% less

Equity Research Analyst salary at Narnolia Financial Advisors ranges between ₹6.7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Narnolia Financial Advisors.

Experience wise Narnolia Financial Advisors Equity Research Analyst salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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4 years (3 salaries)	₹9 L/yr - ₹13.5 L/yr

Similar Designation salaries in Narnolia Financial Advisors

Research Analyst Salary

(3 salaries)

₹5 L/yr - ₹7 L/yr

Salary related reviews for Narnolia Financial Advisors

2.0

Rated by 1 employees for salary & benefits

Cluster Product Manager in Mumbai

Product Management Department

3.0

• posted on 27 May 2022

3.0

for Salary and Benefits

Likes

U can learn new things in this company and as per job security is average and company policy is also average not so high.

Dislikes

Management Pay scale Senior management Travelling policy If employees are doing good then also u will not make any increase in pay then how can employees will retain.

Work satisfaction - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Narnolia Financial Advisors Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at Narnolia Financial Advisors Mumbai?

Equity Research Analyst salary at Narnolia Financial Advisors in Mumbai ranges between ₹6.7 Lakhs to ₹13.5 Lakhs for experience between 3 years to 4 years. According to our estimates it is 31% less than the average Equity Research Analyst Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Narnolia Financial Advisors Mumbai.

How does the salary of a Equity Research Analyst at Narnolia Financial Advisors Mumbai compare with the average salary range for this job?

The average salary of a Equity Research Analyst at Narnolia Financial Advisors is 31% less than the average salary of a Equity Research Analyst in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Narnolia Financial Advisors to a Equity Research Analyst in Mumbai?

Edelweiss Equity Research Analyst Salary - ₹14.0 Lakhs to ₹44.2 Lakhs per year
Axis Direct Equity Research Analyst Salary - ₹9.2 Lakhs to ₹23.0 Lakhs per year
Sharekhan Equity Research Analyst Salary - ₹8.0 Lakhs to ₹27.2 Lakhs per year
ICICI Securities Equity Research Analyst Salary - ₹6.8 Lakhs to ₹24.5 Lakhs per year
Centrum Group Equity Research Analyst Salary - ₹9.5 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Equity Research Analyst in companies similar to Narnolia Financial Advisors in Mumbai?

HDFC Securities Equity Research Analyst Salary - ₹8.4 Lakhs to ₹13.7 Lakhs per year
Motilal Oswal Financial Services Equity Research Analyst Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
Dealmoney Securities Equity Research Analyst Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Equity Research Analyst at Narnolia Financial Advisors in Mumbai?

The estimated take-home salary of a Equity Research Analyst at Narnolia Financial Advisors ranges between ₹68,888 per month to ₹70,656 per month in Mumbai. The take-home salary calculation is based on the average Narnolia Financial Advisors Equity Research Analyst salary in India which ranges between ₹6.7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 3 years to 4 years. Check how did we calculate take home salary?

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Narnolia Financial Advisors Equity Research Analyst Salaries in Mumbai

Narnolia Financial Advisors Equity Research Analyst salary in Mumbai ranges between ₹6.7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Narnolia Financial Advisors latest salaries received from various employees of Narnolia Financial Advisors.

Narnolia Financial Advisors Equity Research Analyst salaries in Mumbai