Penver Products Ernakulam Finance Manager Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹9.5 Lakhs - ₹10.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Finance Manager Salary for 1 - 3 years of experience

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Last Updated: 15 Jan 2025

Companies similar to Penver Products for Finance Manager in Ernakulam

Penver Products Finance Manager Salary

1 - 3 years exp. (4 salaries)

₹9.5 L/yr - ₹10.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Finance Manager Salary 1 - 5 years exp. (5 salaries)	₹7.2 L/yr - ₹11.5 L/yr 6% less
SFO Technologies Finance Manager Salary 5 - 14 years exp. (4 salaries)	₹11 L/yr - ₹13.2 L/yr 16% more	1 job opening
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Renauxe Pharma Finance Manager Salary 9 - 13 years exp. (4 salaries)	₹5.4 L/yr - ₹9.1 L/yr 29% less
AVT McCormick Ingredients Finance Manager Salary 8 - 19 years exp. (4 salaries)	₹10 L/yr - ₹25 L/yr 71% more
Kool Home Builders Finance Manager Salary 19 - 30 years exp. (4 salaries)	₹6 L/yr - ₹9.6 L/yr 31% less

Finance Manager salary at Penver Products ranges between ₹9.5 Lakhs to ₹10.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Penver Products.

Experience wise Penver Products Finance Manager salaries in Ernakulam

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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3 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr

Salary related reviews for Penver Products

Accountant in Guntur

Finance & Accounting Department

1.0

• posted on 06 Nov 2022

1.0

for Salary and Benefits

Likes

Well, it's just ok! to work if you are just a beginner.

Dislikes

Penver is an organization without employees welfare, proper structure, proper operating procedures. The management is really toxic that they don't even respect the person. All they want is machines that work for them. The HR doesn't have any role as they are just the puppets of management. Senior employees keeps disrespecting and insulting juniors and new joinees.

Salary - Bad

+6 more

Assistant Manager Finance in Aroor

Finance & Accounting Department

3.0

• posted on 02 Oct 2020

3.0

for Salary and Benefits

Likes

Company has steady growth and always into new project one after another this makes ùs to get hands on new areas and learn new skills. Management is highly motivated and work with sportsman spirit

Skill development - Good

+1 more

Dislikes

Nothing to say

Work satisfaction - Poor

QA QC Chemist

Research & Development Department

5.0

• posted on 28 Feb 2018

4.0

for Salary and Benefits

Likes

The company promoting freshers very well. I learned lot about the process. Employers having good security for their job and facilities. The satisfaction of customer that is the main thing offered by penver products.

Salary - Good

+6 more

Dislikes

The working time is the main problem. I have to work 18 hours in every Sunday. And there was no money for that extra work.

Cheif Financial Officer

Finance Department

1.0

• posted on 17 Jul 2018

1.0

for Salary and Benefits

Likes

There is very little to write positive about the company. The only positive is the relative young age of the staff, they are open to change, and ready to prove themselves.

Dislikes

A private limited company, has its own share of issues, interference in daily work and reluctance to change The main issue is the reluctance of the owners to let go of control to professionals.

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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Penver Products Finance Manager Salary FAQs

What is the salary of Finance Manager at Penver Products in Ernakulam?

The average salary of a Finance Manager at Penver Products in Ernakulam typically ranges from ₹9.5 Lakhs to ₹10.9 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Finance Manager in Ernakulam at Penver Products earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹10.9 Lakhs per year. Finance Manager Salaries at Penver Products 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 Penver Products employees in India.

What is the estimated take home salary of a Finance Manager at Penver Products in Ernakulam?

The estimated take-home salary of a Finance Manager at Penver Products in Ernakulam typically ranges from ₹75,514 to ₹77,470 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from 1 year to 3 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 Penver Products. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Penver Products for Finance Manager in India?

AVT McCormick Ingredients	₹10.0 Lakhs to ₹25.0 Lakhs per year
SFO Technologies	₹11.0 Lakhs to ₹13.2 Lakhs per year

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

What is the salary of a Finance Manager in companies similar to Penver Products in Ernakulam?

The salary of a Finance Manager at companies similar to Penver Products in Ernakulam varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Finance	₹7.2 Lakhs to ₹11.5 Lakhs per year
Renauxe Pharma	₹5.4 Lakhs to ₹9.1 Lakhs per year
Kool Home Builders	₹6.0 Lakhs to ₹9.6 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 Finance Manager at Penver Products in Ernakulam?

The salary growth for a Finance Manager at Penver Products in Ernakulam depends on factors such as experience, performance, and promotions. On average, a Finance Manager in Ernakulam can expect the following growth trajectory at Penver Products:

Experience	Average Salary Range
1 year	₹8.8 Lakhs to ₹11.3 Lakhs per year
2 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
3 years	₹9.2 Lakhs to ₹11.8 Lakhs per year

and so on.

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Penver Products Finance Manager Salaries in Ernakulam

Penver Products Finance Manager salary in Ernakulam ranges between ₹9.5 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Penver Products latest salaries received from various employees of Penver Products.