RiconPharma India Private Limited Formulation Scientist Salaries by 4 Employees (Updated 2025)

2 - 10 years exp.

₹6.3 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

25% more than the average Formulation Scientist Salary in Pharma Companies for 2 - 10 years of experience

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Last Updated: 23 Feb 2025

Companies similar to RiconPharma India Private Limited for Formulation Scientist

Company name	Avg Annual Salary	Open Jobs
Sun Pharmaceutical Industries Formulation Scientist Salary 1 - 4 years exp. (6 salaries)	₹3.2 L/yr - ₹5.2 L/yr 55% less
Cipla Formulation Scientist Salary 1 - 7 years exp. (8 salaries)	₹4.3 L/yr - ₹8.3 L/yr 35% less
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Lupin Formulation Scientist Salary 2 - 10 years exp. (4 salaries)	₹3.1 L/yr - ₹10.6 L/yr 30% less
Zydus Lifesciences Formulation Scientist Salary 1 - 9 years exp. (9 salaries)	₹1.5 L/yr - ₹10.2 L/yr 35% less
Aurobindo Pharma Formulation Scientist Salary 2 - 9 years exp. (15 salaries)	₹3.8 L/yr - ₹11 L/yr 23% less
Glenmark Pharmaceuticals Formulation Scientist Salary 2 - 14 years exp. (8 salaries)	₹4 L/yr - ₹15.9 L/yr 8% more
Torrent Pharmaceuticals Formulation Scientist Salary 1 - 13 years exp. (8 salaries)	₹3.2 L/yr - ₹10.2 L/yr 31% less

Formulation Scientist salary at RiconPharma India Private Limited ranges between ₹6.3 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of RiconPharma India Private Limited .

Experience wise RiconPharma India Private Limited Formulation Scientist salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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9 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
10 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr

Similar Designation salaries in RiconPharma India Private Limited

Associate Scientist Salary

(3 salaries)

₹3.35 L/yr - ₹4.5 L/yr

Senior Scientist Salary

(13 salaries)

₹6 L/yr - ₹9.7 L/yr

Analytical Scientist Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Research Scientist Salary

(4 salaries)

₹4 L/yr - ₹10.5 L/yr

Principal Scientist Salary

(AmbitionBox Estimate)

₹14.1 L/yr - ₹18.1 L/yr

Scientist Salary

(12 salaries)

₹4.09 L/yr - ₹7.2 L/yr

Senior Research Scientist Salary

(AmbitionBox Estimate)

₹10.5 L/yr - ₹13.5 L/yr

Deputy Manager Salary

(11 salaries)

₹9.1 L/yr - ₹16 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Research Associate Salary

(5 salaries)

₹6 L/yr - ₹7.8 L/yr

Salary related reviews for RiconPharma India Private Limited

Assistant General Manager Project Management in Uppal

Full Time

Research & Development Department

5.0

• posted on 20 Nov 2023

5.0

for Salary and Benefits

Likes

Culture, HR Policies, Employee engagement and future opportunities, proactive in taking employee welfare initiatives, Listen to employee feedback, create employe well-being programs, Boost employee morale, Monitory benefits, Team outings, Lunches, Celebrating the success of product, birthdays, festivals, Investing in employee training and development, concerned on employee health and creating awareness, Inspiring leadership.

Salary - Excellent

+6 more

Dislikes

None

Sr. Administration Executive in Uppal

Full Time

Research & Development Department

5.0

• posted on 20 Dec 2023

5.0

for Salary and Benefits

Likes

A positive work culture, prioritise the well-being of the employees. Offers support to all the levels of the employees in the organisation and has great work policies, encourage, respect, trust and support to all the employees within the organisation. Great place to work :)

Salary - Excellent

+6 more

Dislikes

No dislikes

Senior Scientist in Uppal

Full Time

Research & Development Department

5.0

• posted on 28 Dec 2023

5.0

for Salary and Benefits

Likes

Good Work culture, excellent food, yearly team outings i hope learning new innovative things and Hr support is good and Everytime ask employee decision and Good insurance policies i loved and enjoyed. Thans Ricon....

Salary - Excellent

+6 more

Dislikes

None

Manager in Hyderabad / Secunderabad

Full Time

Project & Program Management Department

4.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

It's an overall good organisation with lot of support from your colleague and management. Good work culture with a social life balance.

Salary - Good

+5 more

Dislikes

Still in a process to develop the eco system within the organisation at global level.

Deputy Manager in Hyderabad / Secunderabad

Analytical Research & Development Department

5.0

• posted on 29 Nov 2021

5.0

for Salary and Benefits

Likes

I have joined recently in this organisation, working environment, company policies, food, culture is very good, This employer genuinely cares for your growth, both professionally and personally....

Salary - Excellent

+6 more

Dislikes

Nothing to specify

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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RiconPharma India Private Limited Formulation Scientist Salary FAQs

What is the salary of Formulation Scientist at RiconPharma India Private Limited ?

Formulation Scientist salary at RiconPharma India Private Limited in India ranges between ₹6.3 Lakhs to ₹12.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 25% more than the average Formulation Scientist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of RiconPharma India Private Limited India.

How does the salary of a Formulation Scientist at RiconPharma India Private Limited India compare with the average salary range for this job?

The average salary of a Formulation Scientist at RiconPharma India Private Limited is 25% more than the average salary of a Formulation Scientist in India. To know exact salary insights, login to view.

Which similar companies are paying more than RiconPharma India Private Limited to a Formulation Scientist in India?

Glenmark Pharmaceuticals Formulation Scientist Salary - ₹4.0 Lakhs to ₹15.9 Lakhs per year

What is the salary of a Formulation Scientist in companies similar to RiconPharma India Private Limited in India?

Aurobindo Pharma Formulation Scientist Salary - ₹3.8 Lakhs to ₹11.0 Lakhs per year
Lupin Formulation Scientist Salary - ₹3.1 Lakhs to ₹10.6 Lakhs per year
Torrent Pharmaceuticals Formulation Scientist Salary - ₹3.2 Lakhs to ₹10.2 Lakhs per year
Cipla Formulation Scientist Salary - ₹4.3 Lakhs to ₹8.3 Lakhs per year
Zydus Lifesciences Formulation Scientist Salary - ₹1.5 Lakhs to ₹10.2 Lakhs per year

What is the estimated take home salary of a Formulation Scientist at RiconPharma India Private Limited in India?

The estimated take-home salary of a Formulation Scientist at RiconPharma India Private Limited ranges between ₹66,421 per month to ₹68,119 per month in India. The take-home salary calculation is based on the average RiconPharma India Private Limited Formulation Scientist salary in India which ranges between ₹6.3 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Formulation Scientist at RiconPharma India Private Limited ?

According to AmbitionBox, 100% of the RiconPharma India Private Limited Formulation Scientists reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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RiconPharma India Private Limited Formulation Scientist Salaries

RiconPharma India Private Limited Formulation Scientist salary in India ranges between ₹6.3 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 RiconPharma India Private Limited latest salaries received from various employees of RiconPharma India Private Limited .

RiconPharma India Private Limited Formulation Scientist salaries in India (Updated 2025)

Companies similar to RiconPharma India Private Limited for Formulation Scientist

Latest annual salaries shared by RiconPharma India Private Limited Formulation Scientist

Experience wise RiconPharma India Private Limited Formulation Scientist salaries

Similar Designation salaries in RiconPharma India Private Limited

Salary related reviews for RiconPharma India Private Limited

Assistant General Manager Project Management in Uppal

Sr. Administration Executive in Uppal

Senior Scientist in Uppal

Manager in Hyderabad / Secunderabad

Deputy Manager in Hyderabad / Secunderabad

RiconPharma India Private Limited Formulation Scientist Salary FAQs

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