Stovec Industries Finance Manager Salaries by 4 Employees (Updated 2024)

6 - 19 years exp.

₹6.3 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Finance Manager Salary in Industrial Machinery Companies for 6 - 19 years of experience

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Last Updated: 24 Sep 2024

Companies similar to Stovec Industries for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Finance Manager Salary 13 - 25 years exp. (6 salaries)	₹13 L/yr - ₹25 L/yr 60% more
Voltas Finance Manager Salary 13 - 14 years exp. (3 salaries)	₹51 L/yr - ₹54 L/yr 343% more
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BHEL Finance Manager Salary 11 - 18 years exp. (48 salaries)	₹20 L/yr - ₹35 L/yr 136% more
Siemens Finance Manager Salary 4 - 15 years exp. (25 salaries)	₹10.2 L/yr - ₹25 L/yr 37% more
Crompton Greaves Consumer Electricals Finance Manager Salary 1 - 13 years exp. (36 salaries)	₹7.8 L/yr - ₹18 L/yr 32% more

Finance Manager salary at Stovec Industries ranges between ₹6.3 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Stovec Industries.

Experience wise Stovec Industries Finance Manager salaries

Last Updated: 24 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
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8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
11 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
12 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
13 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
14 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr
15+ years (AmbitionBox Estimate)	₹15 L/yr - ₹18 L/yr

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Similar Designation salaries in Stovec Industries

Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹13.2 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for Stovec Industries

Executive in Ahmedabad

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Sep 2017

4.0

for Salary and Benefits

Likes

The company is very innovative.This is my good fortune that I am a part of the SPG team as market reliable & high quality products. I have worked here in production department,Q.C.department & in logistics with creating a new remarkable achievement's.

Dislikes

... value an individual or it's part of his job to stretch more his subordinates. Compensation is good but growth is very slow.Appreciations will come through the year, but it isn't visible in appraisal.

Senior Design Engineer in Ahmedabad

Full Time

Research & Development Department

4.0

• posted on 04 Aug 2018

4.0

for Salary and Benefits

Likes

The company started from 1967 is one of the leaders in textile printing arena. The products are designed to Carter the tier-2 and tier-3 level customers in India and abroad. The company has adiversified portfolio, and has a considerbly consistent growth since inception. Run by an Indian management which believes in humanity first, so job security comes first. A company with minimum attrition rate. One can secure a good paying job with considerable work life balance, with a calm working atmosphere. As number of employees are less, so is office politics.

Dislikes

The company has seen many up and down in all these years. The products seems to be outdated and requires major overhaul considering today's trends and competitive market. The value addition in products considering the years the company has been in the market is poor. I feel you can join this organisation after the age of 35, when your liabilities push you to work than your job satisfaction. You can peacefully retire here dishing out the same repeative work over all the years.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Stovec Industries Finance Manager Salary FAQs

What is the salary of Finance Manager at Stovec Industries?

Finance Manager salary at Stovec Industries in India ranges between ₹6.3 Lakhs to ₹18.0 Lakhs for experience between 6 years to 19 years. According to our estimates it is 31% less than the average Finance Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Stovec Industries India.

How does the salary of a Finance Manager at Stovec Industries India compare with the average salary range for this job?

The average salary of a Finance Manager at Stovec Industries is 31% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Stovec Industries to a Finance Manager in India?

Voltas Finance Manager Salary - ₹51.0 Lakhs to ₹54.0 Lakhs per year
BHEL Finance Manager Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
Thermax Limited Finance Manager Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
Siemens Finance Manager Salary - ₹10.2 Lakhs to ₹25.0 Lakhs per year
Crompton Greaves Consumer Electricals Finance Manager Salary - ₹7.8 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Finance Manager at Stovec Industries in India?

The estimated take-home salary of a Finance Manager at Stovec Industries ranges between ₹83,228 per month to ₹85,402 per month in India. The take-home salary calculation is based on the average Stovec Industries Finance Manager salary in India which ranges between ₹6.3 Lakhs to ₹18.0 Lakhs per year for employees with experience between 6 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Stovec Industries?

According to AmbitionBox, 100% of the Stovec Industries Finance Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Stovec Industries Finance Manager Salaries

Stovec Industries Finance Manager salary in India ranges between ₹6.3 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Stovec Industries latest salaries received from various employees of Stovec Industries.