SEBI’s Total Income Rises 48% to ₹2,075 Crore in 2023-24

The Securities and Exchange Board of India (SEBI) recorded a 48% year-on-year growth in its total income, reaching ₹2,075 crore in FY 2023-24. The increase was primarily driven by higher earnings from fees and subscriptions. SEBI’s fee income surged significantly compared to the previous fiscal year, reflecting increased contributions from stock exchanges, market participants, and companies. Additionally, the regulator’s investment income and other income also witnessed an uptick. Despite the rise in revenue, SEBI’s total expenditure increased as well, reaching ₹1,006 crore. SEBI also reported substantial funds in its general fund, Investor Protection & Education Fund (IPEF), and Disgorgement Fund.

Key Highlights

• Total income of SEBI rose by 48% to ₹2,075 crore in FY 2023-24, up from ₹1,404.36 crore in the previous fiscal.
• Major sources of income: Fees and subscriptions, investments, and other income.
• Fee income: Increased to ₹1,851.5 crore from ₹1,213.22 crore in FY 2022-23.
• Investment income: Increased to ₹192.41 crore, compared to ₹161.42 crore in the previous year.
• Other income: Rose to ₹18 crore, up from ₹15 crore in FY 2022-23.
• Total expenditure: Increased to ₹1,006 crore, up from ₹851.33 crore in the previous year.
• Establishment expenses: Grew to ₹696.43 crore from ₹576 crore.
• Administrative expenses: Increased to ₹218 crore from ₹172.42 crore.
• General Fund: Closing balance of ₹5,573 crore, including ₹1,065 crore as surplus income over expenditure.
• Investor Protection & Education Fund (IPEF): Closing balance of ₹533.17 crore, including ₹27.66 crore from investments.
• Disgorgement Fund: Closing balance of ₹7.38 crore in FY 2023-24.

Total Investments

• ₹1,255.31 crore in bonds and government securities.
• ₹1,235.92 crore as deposits with scheduled banks.
• ₹30 crore subscribed towards the National Centre for Financial Education (NCFE).
• Earmarked funds of ₹482 crore invested in bank deposits.