Highest-Paid CFOs in India

Which chief financial officers in India earn the most? Disclosed pay bands for the CFOs of listed companies, taken from the remuneration disclosures in their annual reports and grouped from the highest band down. The full HeadhuntCFO dossier adds the exact breakdown, KPIs and move signals for recruiters.

How this list is built: each CFO is placed in a pay band — ₹1-crore steps up to ₹10 crore, ₹5-crore steps above — based on the total remuneration disclosed for the financial year shown. Estimated figures are left out, and CFOs within a band are listed alphabetically by company. A large single-year figure can reflect stock options vesting rather than regular pay. Spotted an error? Email reachus@headhuntcfo.com and we'll check it against the filing.

₹25–30 crore

₹20–25 crore

₹15–20 crore

₹10–15 crore

₹9–10 crore

₹8–9 crore

₹7–8 crore

₹6–7 crore

₹5–6 crore

₹4–5 crore

₹3–4 crore

₹2–3 crore

₹1–2 crore

₹75 lakh – ₹1 crore

₹50–75 lakh

₹25–50 lakh

Frequently asked questions

Who is the highest-paid CFO in India?

The CFOs in the top band on this page earn the most among those we track, based on the total remuneration their companies disclosed for the year shown. Bands can move year to year, especially when stock options vest.

How much does a CFO earn in India?

It depends mostly on company size: large listed companies typically pay several crore rupees a year, mid-sized companies less. Our CFO salary benchmarks page explains typical ranges by company scale.

Where does this pay data come from?

From the remuneration disclosures in each company's annual report — the key managerial personnel and Section 197 particulars. Each entry shows the financial year it refers to.

Why bands instead of exact figures?

Bands make fair comparison easier and avoid false precision. The exact total and its breakdown — fixed pay, variable pay, perquisites and equity — are in the full CFO dossier on HeadhuntCFO.

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