| (₹ crore) | | Sl. No. | Name of the Primary Dealers | Year | Income | Expenditure | Profit before tax | Profit after tax | Return on networth (per cent) | | Interest income (including discount income) | Trading profit | Other income | Total income | Interest expenses | Other expenses | Total expenditure | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | | 1 | STCI Primary Dealer Ltd. | 2023-24 | 1,041 | 139 | 2 | 1,182 | 944 | 43 | 987 | 266 | 198 | 22.4 | | | | 2024-25 | 1,127 | 217 | 2 | 1,346 | 987 | 53 | 1,040 | 341 | 254 | 23.3 | | | | H1:2025-26 | 596 | 21 | 1 | 618 | 470 | 26 | 496 | 54 | 39 | 6.4 | | 2 | SBI DFHI Ltd. | 2023-24 | 1,378 | 44 | 8 | 1,430 | 1,226 | 41 | 1,267 | 242 | 180 | 12.0 | | | | 2024-25 | 1,675 | 124 | 6 | 1,805 | 1,472 | 58 | 1,530 | 443 | 331 | 18.6 | | | | H1:2025-26 | 891 | 26 | 6 | 923 | 688 | 33 | 721 | 173 | 127 | 12.6 | | 3 | ICICI Securities Primary Dealership Ltd. | 2023-24 | 2,110 | 312 | 26 | 2,448 | 1,871 | 172 | 2,043 | 586 | 437 | 25.4 | | | | 2024-25 | 2,376 | 418 | 35 | 2,829 | 2,120 | 191 | 2,311 | 719 | 536 | 27.6 | | | | H1:2025-26 | 1,367 | 305 | 21 | 1,693 | 1,085 | 101 | 1,186 | 552 | 412 | 38.9 | | 4 | PNB Gilts Ltd. | 2023-24 | 1,518 | -48 | 8 | 1,478 | 1,411 | 66 | 1,477 | 99 | 70 | 5.4 | | | | 2024-25 | 1,512 | 75 | 12 | 1,599 | 1,312 | 55 | 1,368 | 311 | 233 | 16.2 | | | | H1:2025-26 | 845 | 73 | 6 | 924 | 669 | 38 | 708 | 159 | 114 | 14.3 | | 5 | Morgan Stanley India Primary Dealer Pvt. Ltd. | 2023-24 | 1,376 | 280 | 3 | 1,659 | 1,049 | 73 | 1,121 | 560 | 418 | 11.4 | | | | 2024-25 | 1,522 | 126 | 26 | 1,675 | 1,161 | 97 | 1,258 | 413 | 307 | 7.6 | | | | H1:2025-26 | 632 | -104 | 1 | 529 | 425 | 51 | 476 | 248 | 184 | 8.6 | | 6 | Nomura Fixed Income Securities Pvt. Ltd. | 2023-24 | 615 | 215 | 2 | 832 | 519 | 72 | 590 | 118 | 88 | 7.4 | | | | 2024-25 | 1,082 | 184 | 7 | 1,273 | 896 | 72 | 968 | 161 | 121 | 7.7 | | | | H1:2025-26 | 786 | -163 | 13 | 635 | 550 | 38 | 588 | 64 | 48 | 5.0 | | 7 | Goldman Sachs (India) Capital Markets Pvt. Ltd. | 2023-24 | 1,120 | 118 | 3 | 1,241 | 878 | 58 | 935 | 365 | 272 | 10.5 | | | | 2024-25 | 1,341 | 186 | 1 | 1,528 | 1,053 | 75 | 1,129 | 443 | 331 | 11.5 | | | | H1:2025-26 | 418 | 234 | 1 | 653 | 252 | 41 | 292 | 258 | 194 | 12.3 | | 8 | Total | 2023-24 | 9,158 | 1,060 | 52 | 10,270 | 7,897 | 524 | 8,422 | 2,237 | 1,663 | 12.9 | | | | 2024-25 | 10,635 | 1,330 | 90 | 12,055 | 9,002 | 601 | 9,602 | 2,831 | 2,113 | 14.3 | | | | H1:2025-26 | 5,535 | 391 | 48 | 5,974 | 4,139 | 329 | 4,468 | 1,507 | 1,117 | 13.7 | Return on Networth = Profit after Tax / Average of (Share Capital + Reserve and Surplus)
Note: The return on networth for H1:2025-26 has been annualised.
Source: Returns submitted by SPDs. | |