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Transparent Value Equity Research Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹8 Lakhs - ₹16 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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22% less than the average Equity Research Analyst Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Equity Research Analyst Salary
0 - 4 years exp. (21 salaries)
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₹8 L/yr - ₹15.5 L/yr

BFSI, Investments & Trading
Equity Research Analyst Salary
0 - 4 years exp. (17 salaries)
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₹8.9 L/yr - ₹16 L/yr

Research & Development
Equity Research Analyst Salary
1 - 2 years exp. (3 salaries)
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₹9 L/yr - ₹11.5 L/yr

Last Updated: 31 Mar 2025

Companies similar to Transparent Value for Equity Research Analyst in Mumbai

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Transparent Value Equity Research Analyst Salary

0 - 4 years exp. (54 salaries)

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₹8 L/yr - ₹16 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹12.1 L/yr - ₹43 L/yr

arrow icon 162% more
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Morningstar Equity Research Analyst Salary

0 - 4 years exp. (46 salaries)

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₹3 L/yr - ₹6.5 L/yr

arrow icon 49% less
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Crisil Equity Research Analyst Salary

0 - 4 years exp. (36 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 1% less
11 job openings
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₹6.8 L/yr - ₹24.5 L/yr

arrow icon 40% more
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₹4 L/yr - ₹15.3 L/yr

arrow icon 17% less
Equity Research Analyst salary at Transparent Value ranges between ₹8 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 54 latest salaries received from various employees of Transparent Value.

Latest annual salaries shared by Transparent Value Equity Research Analyst in Mumbai

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Experience wise Transparent Value Equity Research Analyst salaries in Mumbai

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹8.8 L/yr - ₹10.1 L/yr
1 year  (12 salaries)

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₹8.8 L/yr - ₹12.7 L/yr
2 years  (20 salaries)

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₹9 L/yr - ₹13.3 L/yr
3 years  (9 salaries)

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₹8 L/yr - ₹11.7 L/yr
4 years  (9 salaries)

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₹9.1 L/yr - ₹16 L/yr
Transparent Value Equity Research Analyst Salary and Career Growth

From

To

Equity Research Analyst

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0 - 4 years exp.

Senior Equity Research Analyst

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3 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Transparent Value

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₹6 L/yr - ₹15 L/yr
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₹5.6 L/yr - ₹12 L/yr
Analyst Salary
(6 salaries)
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₹4 L/yr - ₹13 L/yr
Senior Analyst Salary
(5 salaries)
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₹8.8 L/yr - ₹17 L/yr
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₹8 L/yr - ₹15 L/yr

Salary related reviews for Transparent Value

3.6

Rated by 5 employees for salary & benefits

Finance Department

3.0
  •  posted on 23 Sep 2021

3.0
 for  Salary and Benefits

Likes

...s good, management has open door policy but is diplomatic for its old employees. Company policies are employee friendly except for bonus policy. Not much learning after a certain point.

read more
  • Job security - Good
  • +2 more

Dislikes

Too frequent revision in employee policies, ad-hoc projects/work which sometimes lead to wastage of time and no final conclusions made out of new projects.

read more

Finance & Accounting Department

1.0
  •  posted on 30 Sep 2019

3.0
 for  Salary and Benefits

Likes

They give opportunity to freshers and people at analyst level are good.

Dislikes

Uncertainty about what they want to do, blaming people for management failure, they don't want experience people and after 3-5 years of experience they will ask you to leave. Senior people are just dumb, no knowledge of finance.

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  • Skill development - Bad
  • +5 more

Finance Department

5.0
  •  posted on 13 Sep 2022

5.0
 for  Salary and Benefits

Likes

Work culture was awsm, TL and Managers were verry supportive, Company provide 3 months of training after joining thats the most lucrative thing. Company provide employees work flexibility

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  • Salary - Excellent
  • +6 more

Dislikes

Monotonous work on financial models

Other Department

5.0
  •  posted on 01 Aug 2019

4.0
 for  Salary and Benefits

Likes

As a fresher I was given excellent training, team leader and colleague are very supportive. Good working environment. Confirmation is done within 3 month of joining which is best part of this organisation

read more
  • Salary - Good
  • +6 more

Dislikes

No fixed Timing of leaving office in evening as we use to work for extra half and hour or for max 1 hour

Finance & Accounting Department

4.0
  •  posted on 10 Apr 2018

5.0
 for  Salary and Benefits

Likes

My experience at Transparent Value was quite good. Not in just my team but the entire population of employees had sense of cooperation and mutual support. Fair amount of training. Forget about politics. Superb work environment. Favorable work life balance.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing very specific to dislike.

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Transparent Value Equity Research Analyst Salary FAQs

What is the salary of Equity Research Analyst at Transparent Value in Mumbai?
The average salary of a Equity Research Analyst at Transparent Value in Mumbai typically ranges from ₹8.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Equity Research Analyst in Mumbai at Transparent Value earn more than ₹12.1 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Equity Research Analyst Salaries at Transparent Value 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 50+ Transparent Value employees in India.
What is the estimated take home salary of a Equity Research Analyst at Transparent Value in Mumbai?
The estimated take-home salary of a Equity Research Analyst at Transparent Value in Mumbai typically ranges from ₹76,583 to ₹78,569 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 50+ salaries received from various employees of Transparent Value. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Transparent Value for Equity Research Analyst in India?
JPMorgan Chase & Co. ₹12.1 Lakhs to ₹43.0 Lakhs per year
ICICI Securities ₹6.8 Lakhs to ₹24.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Transparent Value, depending on the role and experience level.
What is the salary of a Equity Research Analyst in companies similar to Transparent Value in Mumbai?
The salary of a Equity Research Analyst at companies similar to Transparent Value in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Crisil ₹5.0 Lakhs to ₹15.0 Lakhs per year
Motilal Oswal Financial Services ₹4.0 Lakhs to ₹15.3 Lakhs per year
Morningstar ₹3.0 Lakhs to ₹6.5 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 Equity Research Analyst at Transparent Value in Mumbai?
The salary growth for a Equity Research Analyst at Transparent Value in Mumbai depends on factors such as experience, performance, and promotions. On average, a Equity Research Analyst in Mumbai can expect the following growth trajectory at Transparent Value:

Experience Average Salary Range
Fresher ₹8.8 Lakhs to ₹10.1 Lakhs per year
1 year ₹8.8 Lakhs to ₹12.7 Lakhs per year
2 years ₹9.0 Lakhs to ₹13.3 Lakhs per year
3 years ₹8.0 Lakhs to ₹11.7 Lakhs per year
and so on.

Tell us how to improve this page.

Transparent Value Equity Research Analyst salary in Mumbai ranges between ₹8 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 54 Transparent Value latest salaries received from various employees of Transparent Value.