India Capital Growth Fund (CHIX:IGCL) Tax Expense: £-0.46 Mil (TTM As of Dec. 2025)


CHIX:IGCL India Capital Growth Fund Ltd CHIX:IGCL
38 GF Score
Price £1.69
GF Value £1.21
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is India Capital Growth Fund Tax Expense?

India Capital Growth Fund CHIX:IGCL -1.46% 38 Tax Expense is £-0.46 Mil as of Dec. 2025. 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.

India Capital Growth Fund's tax expense for the months ended in Dec. 2025 was £-0.17 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.46 Mil.


India Capital Growth Fund  (CHIX:IGCL) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


India Capital Growth Fund Tax Expense Related Terms


India Capital Growth Fund Tax Expense Historical Data

* Premium members only.

The historical data trend for India Capital Growth Fund's Tax Expense 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 Tax Expense Chart

India Capital Growth Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.73 1.63 -0.46

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
Tax Expense 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 0.59 0.50 1.13 -0.29 -0.17
CHIX:IGCL
38GF Score
India Capital Growth Fund Ltd CHIX:IGCL
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

India Capital Growth Fund Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.46 Mil.

* 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 Tax Expense →
What does a Tax Expense of £-0.46 Mil mean?
India Capital Growth Fund (CHIX:IGCL) has a Tax Expense of £-0.46 Mil as of Dec. 2025. Tax expense is the amount of tax the company pays in an accounting period. View historical data on India Capital Growth Fund and its competitors.
Is India Capital Growth Fund's Tax Expense too high?
India Capital Growth Fund's current Tax Expense is £-0.46 Mil. 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 Tax Expense compare to BLK and BX?
India Capital Growth Fund's Tax Expense of £-0.46 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 Tax Expense for an Asset Management company?
A good Tax Expense depends on the Asset Management industry context. However, Tax Expense 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 Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on India Capital Growth Fund and its competitors. India Capital Growth Fund's current Tax Expense is £-0.46 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 £1.21, compared to a current price of £1.69 — trading 39.7% above its estimated fair value. The current Tax Expense is £-0.46 Mil. 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 Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For India Capital Growth Fund (CHIX:IGCL), the current Tax Expense is £-0.46 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 £1.69 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:

  • Tax Expense: £-0.46 Mil
  • GF Value™: £1.21 vs. price of £1.69 (39.7% above fair value)
  • GF Score™: 38/100 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.
38GF Score

Get the complete analysis for CHIX:IGCL

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

£1.69
Price
£1.21
GF Value