India Capital Growth Fund (CHIX:IGCL) Retained Earnings: £0.00 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:IGCL India Capital Growth Fund Ltd CHIX:IGCL
41 GF Score
Price £1.71
GF Value £1.22
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is India Capital Growth Fund Retained Earnings?

India Capital Growth Fund CHIX:IGCL 41 Retained Earnings is £0.00 Mil as of Dec. 2025. GuruFocus rates CHIX:IGCL with a GF Score™ of 41/100 and a GF Value™ of £1.22 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. India Capital Growth Fund's retained earnings for the quarter that ended in Dec. 2025 was £0.00 Mil.


India Capital Growth Fund  (CHIX:IGCL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


India Capital Growth Fund Retained Earnings Historical Data

* Premium members only.

The historical data trend for India Capital Growth Fund's Retained Earnings 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 Retained Earnings Chart

India Capital Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
Retained Earnings 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 0.00 0.00 0.00 0.00 0.00
CHIX:IGCL
41GF Score
India Capital Growth Fund Ltd CHIX:IGCL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Capital Growth Fund Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of £0.00 Mil mean?
India Capital Growth Fund (CHIX:IGCL) has a Retained Earnings of £0.00 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on India Capital Growth Fund and its competitors.
Is India Capital Growth Fund's Retained Earnings too high?
India Capital Growth Fund's current Retained Earnings is £0.00 Mil. Overall, India Capital Growth Fund has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Capital Growth Fund's Retained Earnings compare to BLK and BX?
India Capital Growth Fund's Retained Earnings of £0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on India Capital Growth Fund and its competitors. India Capital Growth Fund's current Retained Earnings is £0.00 Mil. 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 £1.22, compared to a current price of £1.71 — trading 39.8% above its estimated fair value. The current Retained Earnings is £0.00 Mil. India Capital Growth Fund's overall GF Score™ is 41/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For India Capital Growth Fund (CHIX:IGCL), the current Retained Earnings is £0.00 Mil 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 £1.71 is trading 39.8% above its estimated GF Value™ of £1.22. GuruFocus considers India Capital Growth Fund to be Significantly Overvalued.

Key valuation signals for CHIX:IGCL:

  • Retained Earnings: £0.00 Mil
  • GF Value™: £1.22 vs. price of £1.71 (39.8% above fair value)
  • GF Score™: 41/100 with 2 warning signs

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 Business Description

Other Exchanges IGC: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.
41GF Score

Get the complete analysis for CHIX:IGCL

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

£1.71
Price
£1.22
GF Value