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Nope...still u can try for better.. even if we deduct your ml and 1 year lop ur experience is 8 years and u can have package around 20 to 25 lpa as per current market standards
I think you should understand that you haven't switched organisation and this is the reason you are on 12. It's. Asad situation of Indian corporate hikes. People only get high packages of they keep on switching.
Knowing you have 2 kids and your company allowed lop or sabatical, that again is a rare scenario in India.
All the best for your future, you can surely Target atleast 18-20 in one two years