Natco Pharma Formulation Scientist Salaries by 5 Employees

4 - 7 years exp.

₹3.6 Lakhs - ₹8.9 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Formulation Scientist Salary in Pharma Companies for 4 - 7 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Natco Pharma for Formulation Scientist

Company name	Avg Annual Salary	Open Jobs
Strides Pharma Formulation Scientist Salary 1 - 9 years exp. (8 salaries)	₹4 L/yr - ₹7.6 L/yr 18% less
Unichem Laboratories Formulation Scientist Salary 0 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹7 L/yr 26% less
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Neon Laboratories Formulation Scientist Salary 1 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.6 L/yr 57% less
ZIM Laboratories Formulation Scientist Salary 2 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹13.5 L/yr 9% more
Shilpa Medicare Formulation Scientist Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 59% less
Abbott Formulation Scientist Salary 5 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹12.5 L/yr 68% more

Formulation Scientist salary at Natco Pharma ranges between ₹3.6 Lakhs to ₹8.9 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Natco Pharma.

Experience wise Natco Pharma Formulation Scientist salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹8.9 L/yr

Similar Designation salaries in Natco Pharma

Analytical Scientist Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Research Scientist Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Scientist Salary

(4 salaries)

₹8.6 L/yr - ₹12 L/yr

Senior Research Scientist Salary

(4 salaries)

₹7.8 L/yr - ₹8.8 L/yr

Pharmacist Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Chemist Salary

(77 salaries)

₹1.65 L/yr - ₹6.2 L/yr

Research Analyst Salary

(8 salaries)

₹3.6 L/yr - ₹7 L/yr

Deputy Manager Salary

(107 salaries)

₹9.6 L/yr - ₹16 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹8.9 L/yr - ₹11.4 L/yr

Analyst Salary

(7 salaries)

₹2 L/yr - ₹5.3 L/yr

Salary related reviews for Natco Pharma

Officer in Nagarjuna Sagar

Research & Development Department

3.0

• posted on 30 Nov 2020

4.0

for Salary and Benefits

Likes

Good working environment and culture are not support.company policies are good appraisals are goiving good salary.

Salary - Good

Dislikes

Dont support in employees in last two years health and safety organization in Nagarjuna Sagar. No respite in employees .

Skill development - Bad

+4 more

Zonal Sales Manager in Lucknow

Full Time

Marketing & Communication Department

2.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Only Salary on time….

Dislikes

There is no work Culutre in Natco Pharma. No Job Security. Work life balance is so poor for post of Managers. Since Incapable person holding senior position in Sales and HR Department so no chances of skills development.

Job security - Poor

+3 more

Zonal Business Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

4.0

• posted on 21 Jan 2023

4.0

for Salary and Benefits

Likes

Freedom for taking decisions Hierarchy is well behaved Good compensation Expense structure is quite ok, may not be the best

Salary - Good

+3 more

Dislikes

CRM system needs to be streamline ROI is a process of Eventual & Cumulative process.

QC Chemist in Chennai

Full Time

Quality Control Department

4.0

• posted on 15 Oct 2020

3.0

for Salary and Benefits

Likes

Peaceful working place and environment. Company colleagues are always supported to me. Everybody is very friendly type.

Job security - Good

Dislikes

I was joined previous year in our company. Now i get just Rs 180000 ctc. Salary for new joiners is very low. So nxt year salary scale to be large amount.please my request accept .

Promotions - Poor

+1 more

Production Chemist in Chennai

Full Time

Production Department

5.0

• posted on 09 Sep 2020

5.0

for Salary and Benefits

Likes

...ing there. People there will become family. They treat you like a family member. I never thought I was working there for salary, I felt I am working for the well being of my family(NATCO). Company also treats all the employees same. You will have special benefits if company makes profit/ audit success etc.,

Salary - Excellent

+5 more

Dislikes

Culture of sports and other activities should be implemented for employees. Lack of implementation of new technologies.

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Natco Pharma Formulation Scientist Salary FAQs

What is the salary of Formulation Scientist at Natco Pharma ?

The average salary of a Formulation Scientist at Natco Pharma in India typically ranges from ₹3.6 Lakhs to ₹8.9 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Formulation Scientist at Natco Pharma earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹8.9 Lakhs per year. Formulation Scientist Salaries at Natco Pharma 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 5 Natco Pharma employees in India.

What is the estimated take home salary of a Formulation Scientist at Natco Pharma in India?

The estimated take-home salary of a Formulation Scientist at Natco Pharma in India typically ranges from ₹47,594 to ₹48,721 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹8.9 Lakhs per year for employees with experience ranging from 4 years to 7 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 5 salaries received from various employees of Natco Pharma. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Natco Pharma for Formulation Scientist in India?

Abbott	₹6.5 Lakhs to ₹12.5 Lakhs per year
ZIM Laboratories	₹3.2 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Formulation Scientist in companies similar to Natco Pharma in India?

The salary of a Formulation Scientist at companies similar to Natco Pharma in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Strides Pharma	₹4.0 Lakhs to ₹7.6 Lakhs per year
Unichem Laboratories	₹2.2 Lakhs to ₹7.0 Lakhs per year
Neon Laboratories	₹2.1 Lakhs to ₹3.6 Lakhs per year
Shilpa Medicare	₹2.2 Lakhs to ₹3.0 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 Formulation Scientist at Natco Pharma in India?

The salary growth for a Formulation Scientist at Natco Pharma depends on factors such as experience, performance, and promotions. On average, a Formulation Scientist can expect the following growth trajectory at Natco Pharma:

Experience	Average Salary Range
4 years	₹3.6 Lakhs to ₹4.0 Lakhs per year
5 years	₹2.1 Lakhs to ₹6.0 Lakhs per year
6 years	₹2.9 Lakhs to ₹7.5 Lakhs per year
7 years	₹8.9 Lakhs to ₹8.9 Lakhs per year

and so on.

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Natco Pharma Formulation Scientist Salaries

Natco Pharma Formulation Scientist salary in India ranges between ₹3.6 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Natco Pharma latest salaries received from various employees of Natco Pharma.

Natco Pharma Formulation Scientist salaries in India

Companies similar to Natco Pharma for Formulation Scientist

Latest annual salaries shared by Natco Pharma Formulation Scientist

Experience wise Natco Pharma Formulation Scientist salaries

Similar Designation salaries in Natco Pharma

Salary related reviews for Natco Pharma

Officer in Nagarjuna Sagar

Zonal Sales Manager in Lucknow

Zonal Business Manager in Hyderabad / Secunderabad

QC Chemist in Chennai

Production Chemist in Chennai

Natco Pharma Formulation Scientist Salary FAQs

Tell us how to improve this page.