India Capital Growth FundCHIX:IGCL -1.46%38 Pretax Margin % is 115.22% as of Dec. 2025, which is 17% above its 10-year median of 98.13. GuruFocus rates CHIX:IGCL with a GF Score™ of 38/100 and a GF Value™ of £1.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,572 Asset Management companies, India Capital Growth Fund ranks better than 85.05% on this metric.
The historical rank and industry rank for India Capital Growth Fund's Pretax Margin % or its related term are showing as below:
CHIX:IGCL'
s Pretax Margin % Range Over the Past 10 Years
Min: 86.4 Med: 98.13 Max: 104.53
Current: 103.64
CHIX:IGCL's Pretax Margin % is ranked better than 85.05% of 1572
companies
in the Asset Management industry
Industry Median: 89.62
vs CHIX:IGCL: 103.64
India Capital Growth Fund (CHIX:IGCL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
India Capital Growth Fund Pretax Margin % Related Terms
India Capital Growth Fund Pretax Margin % Historical Data
* 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.
CHIX:IGCL vs BLK, BX, KKR: Pretax Margin % Comparison
For the Asset Management subindustry, India Capital Growth Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, India Capital Growth Fund's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where India Capital Growth Fund's Pretax Margin % falls into.
* 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 (CHIX:IGCL) has a Pretax Margin % of 115.22% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on India Capital Growth Fund and its competitors. This is 17% above median its historical median of 98.13. Over the past decade, India Capital Growth Fund's Pretax Margin % has ranged from 86.40 to 104.53. According to the industry distribution chart, India Capital Growth Fund ranks #235 out of 1572 companies in the Asset Management industry, placing it in the top 14.9%.
Is India Capital Growth Fund's Pretax Margin % too high?
India Capital Growth Fund's current Pretax Margin % of 115.22% is 17% above median its 10-year median of 98.13. Over the past 10 years, this metric has ranged from a low of 86.40 to a high of 104.53. The Asset Management industry median Pretax Margin % is 89.62. India Capital Growth Fund's value of 115.22% is 28.6% above this industry median. Based on the distribution chart, India Capital Growth Fund ranks #235 out of 1572 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, India Capital Growth Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Capital Growth Fund's Pretax Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, India Capital Growth Fund ranks #235 out of 1572 companies for Pretax Margin %. This places India Capital Growth Fund in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 89.62. India Capital Growth Fund's value of 115.22% is 28.6% above this benchmark. Historically, India Capital Growth Fund's own Pretax Margin % has ranged from 86.40 to 104.53 over the past decade. While the company's 10-year median is 98.13 vs. the industry median of 89.62, India Capital Growth Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 89.62, based on 1,572 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Capital Growth Fund's current Pretax Margin % of 115.22% is 28.6% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on India Capital Growth Fund and its competitors. For the Asset Management industry, the median Pretax Margin % is 89.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Capital Growth Fund's current Pretax Margin % is 115.22%, which is 17% above median its own 10-year median of 98.13. 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 (CHIX:IGCL) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.21, compared to a current price of £1.69 — trading 39.7% above its estimated fair value. The current Pretax Margin % is 115.22%, which is 17% above median its 10-year median of 98.13 and 28.6% above the Asset Management industry median of 89.62. India Capital Growth Fund's overall GF Score™ is 38/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For India Capital Growth Fund (CHIX:IGCL), the current Pretax Margin % is 115.22% 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 (CHIX:IGCL) Overvalued in 2026?
Based on GuruFocus' analysis, India Capital Growth Fund stock appears to be overvalued.
The current stock price of £1.69 is trading 39.7% above its estimated GF Value™ of £1.21.
GuruFocus considers India Capital Growth Fund to be Significantly Overvalued.
Key valuation signals for CHIX:IGCL:
Pretax Margin %: 115.22% (17% above median its 10-year median of 98.13)
GF Value™: £1.21 vs. price of £1.69 (39.7% above fair value)
Industry Position: 28.6% above the Asset Management median (#235 of 1572)
No single metric tells the full story. See the CHIX:IGCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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