SEBI's total income rises 48% to ₹2,075 crore in 2023-24

SEBI's total income surges 48% to ₹2,075 crore in 2023-24, driven by increased earnings from fees and subscriptions.

Capital markets regulator SEBI's total income rose 48% year-on-year to ₹2,075 crore in 2023-24, driven by increased earnings from fees and subscriptions.

Of the total income, the regulator earned a fee income of ₹1,851.5 crore, which was way higher than ₹1,213.22 crore garnered in the preceding financial year, according to Sebi's annual statement of accounts 2023-24 made public on Tuesday (March 4, 2025).

Additionally, income from investments widened to ₹192.41 crore from ₹161.42 crore and other income increased to nearly ₹18 crore from close to ₹15 crore.

The Securities and Exchange Board of India (SEBI) acknowledged that fees and subscriptions are the major sources of its income.

This category of income included earnings from annual fees and subscriptions, listing fees contribution from stock exchanges, income generated from registration, renewal, application and offer documents filed by companies and market infrastructure institutions.

Overall, the market watchdog's total income rose to ₹2,075 crore in the financial year ended March 31, 2024 from ₹1,404.36 crore in the preceding fiscal, indicating a growth of 48%, the annual accounts showed.

Apart from total income, the total expenditure of the regulator rose to ₹1,006 crore for the year ended March 31, 2024, from ₹851.33 crore in the previous fiscal. The establishment expenses grew to ₹696.43 crore during the period under review from ₹576 crore in the preceding fiscal and other administrative expenses increased to ₹218 crore from ₹172.42 crore.