India Capital Growth Fund (LSE:IGC) FCF Margin %: 35.47% (As of Dec. 2025)


LSE:IGC India Capital Growth Fund Ltd LSE:IGC
51 GF Score
Price £1.72
GF Value £1.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is India Capital Growth Fund FCF Margin %?

India Capital Growth Fund LSE:IGC 51 FCF Margin % is 35.47% as of Dec. 2025. GuruFocus rates LSE:IGC with a GF Score™ of 51/100 and a GF Value™ of £1.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,461 Asset Management companies, India Capital Growth Fund ranks worse than 59.27% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. India Capital Growth Fund's Free Cash Flow for the six months ended in Dec. 2025 was £-0.95 Mil. India Capital Growth Fund's Revenue for the six months ended in Dec. 2025 was £-2.67 Mil. Therefore, India Capital Growth Fund's FCF Margin % for the quarter that ended in Dec. 2025 was 35.47%.

As of today, India Capital Growth Fund's current FCF Yield % is -0.52%.

The historical rank and industry rank for India Capital Growth Fund's FCF Margin % or its related term are showing as below:

LSE:IGC' s FCF Margin % Range Over the Past 10 Years
Min: -12.98   Med: -1.43   Max: 3.04
Current: 3.02


During the past 13 years, the highest FCF Margin % of India Capital Growth Fund was 3.04%. The lowest was -12.98%. And the median was -1.43%.

LSE:IGC's FCF Margin % is ranked worse than
59.27% of 1461 companies
in the Asset Management industry
Industry Median: 14.62 vs LSE:IGC: 3.02


India Capital Growth Fund FCF Margin % Related Terms


India Capital Growth Fund FCF Margin % Historical Data

* Premium members only.

The historical data trend for India Capital Growth Fund's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

India Capital Growth Fund FCF Margin % Chart

India Capital Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.06 -12.98 -1.54 -8.26 3.02

India Capital Growth Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.16 -6.86 -10.56 -2.15 35.47

LSE:IGC vs BLK, BX, KKR: FCF Margin % Comparison

For the Asset Management subindustry, India Capital Growth Fund's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


India Capital Growth Fund FCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, India Capital Growth Fund's FCF Margin % distribution charts can be found below:

* The bar in red indicates where India Capital Growth Fund's FCF Margin % falls into.


LSE:IGC
51GF Score
India Capital Growth Fund Ltd LSE:IGC
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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India Capital Growth Fund FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

India Capital Growth Fund's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-0.586/-19.407
=3.02 %

India Capital Growth Fund's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-0.946/-2.667
=35.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 35.47% mean?
India Capital Growth Fund (LSE:IGC) has a FCF Margin % of 35.47% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on India Capital Growth Fund and its competitors. According to the industry distribution chart, India Capital Growth Fund ranks #866 out of 1461 companies in the Asset Management industry, placing it in the top 59.3%.
Is India Capital Growth Fund's FCF Margin % too high?
India Capital Growth Fund's current FCF Margin % is 35.47%. The Asset Management industry median FCF Margin % is 14.62. India Capital Growth Fund's value of 35.47% is 142.6% above this industry median. Based on the distribution chart, India Capital Growth Fund ranks #866 out of 1461 companies in the Asset Management industry, which is below the industry midpoint. Overall, India Capital Growth Fund has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Capital Growth Fund's FCF Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, India Capital Growth Fund ranks #866 out of 1461 companies for FCF Margin %. This places India Capital Growth Fund in the lower half of its industry. The industry median FCF Margin % is 14.62. India Capital Growth Fund's value of 35.47% is 142.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Asset Management company?
The median FCF Margin % among Asset Management companies is 14.62, based on 1,461 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Capital Growth Fund's current FCF Margin % of 35.47% is 142.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on India Capital Growth Fund and its competitors. For the Asset Management industry, the median FCF Margin % is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Capital Growth Fund's current FCF Margin % is 35.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Capital Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, India Capital Growth Fund (LSE:IGC) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.21, compared to a current price of £1.72 — trading 42.1% above its estimated fair value. The current FCF Margin % is 35.47% and 142.6% above the Asset Management industry median of 14.62. India Capital Growth Fund's overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For India Capital Growth Fund (LSE:IGC), the current FCF Margin % is 35.47% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is India Capital Growth Fund (LSE:IGC) Overvalued in 2026?

Based on GuruFocus' analysis, India Capital Growth Fund stock appears to be overvalued. The current stock price of £1.72 is trading 42.1% above its estimated GF Value™ of £1.21. GuruFocus considers India Capital Growth Fund to be Significantly Overvalued.

Key valuation signals for LSE:IGC:

  • FCF Margin %: 35.47%
  • GF Value™: £1.21 vs. price of £1.72 (42.1% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 142.6% above the Asset Management median (#866 of 1461)

No single metric tells the full story. See the LSE:IGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


India Capital Growth Fund Business Description

Other Exchanges IGCL:UK
Address Royal Avenue, 1 Royal Plaza, St Peter Port, GGY, GY1 2HL
India Capital Growth Fund Ltd is a closed-ended investment company. The company's investment objective is to provide long-term capital appreciation by investing in companies based in India. Its investment policy permits the company to make investments in a range of Indian equity and equity-linked securities, and predominantly in listed mid and small-cap Indian companies, with a smaller proportion in unlisted Indian companies. Investment may also be made in large-cap listed Indian companies and in companies incorporated outside India that have key operations or markets in India. The company's activities are focused on two areas, namely Mauritius and India.
51GF Score

Get the complete analysis for LSE:IGC

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.72
Price
£1.21
GF Value