India Fund Past Earnings Performance
Past criteria checks 2/6
India Fund has been growing earnings at an average annual rate of 10.6%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 12.3% per year. India Fund's return on equity is 17.8%, and it has net margins of 1795.9%.
Key information
10.6%
Earnings growth rate
9.9%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -12.3% |
| Return on equity | 17.8% |
| Net Margin | 1,795.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
IFN: Avoid The 'Froth', But Buy The Dip
Mar 25The India Fund: Still A Compelling Play On The 'GDP Growth Champion'
Jan 19India Fund: This Actively Managed Fund Still Offers Lots Of Positives
Nov 15IFN: Caution Needed As Indian Stocks Are Now Overvalued
Sep 03IFN Vs. WAINX: Comparing Actively-Managed India Funds
Jul 07IFN Vs. INDY: Choosing The Best Fund To Navigate Through The Adani Affair
Feb 22India Fund declares $0.43 dividend
Feb 10India Fund declares $1.61 dividend
Nov 10India Fund declares $0.46 dividend
Sep 30India Fund: Market Slowly Realizing The True Potential Of India Focused CEFs
Sep 14India Fund: Double-Digit Yield, Growth Prospects Of Indian Economy Make It Attractive
Jun 09IFN Vs. INDY: Similar Strategy For India Stocks; Results Depend On Reinvestment
Mar 21India Fund: What To Expect In 2022
Jan 07IFN: Bullish On Improving India Macro Data Into A Post-Pandemic Recovery
Jul 31India Fund declares $0.50 dividend
Dec 09Opportunities In India Over The Coming Years
Dec 01Revenue & Expenses BreakdownBeta
How India Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 5 | 98 | 7 | 0 |
| 30 Sep 23 | 6 | 77 | 7 | 0 |
| 30 Jun 23 | 6 | 56 | 7 | 0 |
| 31 Mar 23 | 6 | -25 | 7 | 0 |
| 31 Dec 22 | 5 | -106 | 8 | 0 |
| 30 Sep 22 | 5 | -91 | 8 | 0 |
| 30 Jun 22 | 5 | -76 | 9 | 0 |
| 31 Mar 22 | 6 | 12 | 9 | 0 |
| 31 Dec 21 | 6 | 99 | 9 | 0 |
| 30 Sep 21 | 6 | 158 | 8 | 0 |
| 30 Jun 21 | 7 | 216 | 8 | 0 |
| 31 Mar 21 | 7 | 140 | 8 | 0 |
| 31 Dec 20 | 6 | 63 | 8 | 0 |
| 30 Sep 20 | 7 | -19 | 8 | 0 |
| 30 Jun 20 | 8 | -102 | 8 | 0 |
| 31 Mar 20 | 9 | -36 | 8 | 0 |
| 31 Dec 19 | 9 | 29 | 8 | 0 |
| 30 Sep 19 | 9 | 19 | 9 | 0 |
| 30 Jun 19 | 8 | 8 | 9 | 0 |
| 31 Mar 19 | 9 | -14 | 10 | 0 |
| 31 Dec 18 | 9 | -36 | 10 | 0 |
| 30 Sep 18 | 9 | 10 | 10 | 0 |
| 30 Jun 18 | 9 | 55 | 11 | 0 |
| 31 Mar 18 | 10 | 146 | 11 | 0 |
| 31 Dec 17 | 10 | 237 | 11 | 0 |
| 30 Sep 17 | 10 | 172 | 10 | 0 |
| 30 Jun 17 | 10 | 107 | 10 | 0 |
| 31 Mar 17 | 10 | 52 | 10 | 0 |
| 31 Dec 16 | 10 | -3 | 10 | 0 |
| 30 Sep 16 | 11 | 1 | 10 | 0 |
| 30 Jun 16 | 12 | 5 | 11 | 0 |
| 31 Mar 16 | 12 | -10 | 11 | 0 |
| 31 Dec 15 | 12 | -26 | 11 | 0 |
| 30 Sep 15 | 13 | 37 | 11 | 0 |
| 30 Jun 15 | 14 | 100 | 11 | 0 |
| 31 Mar 15 | 14 | 166 | 11 | 0 |
| 31 Dec 14 | 15 | 233 | 10 | 0 |
| 30 Sep 14 | 13 | 219 | 10 | 0 |
| 30 Jun 14 | 12 | 205 | 9 | 0 |
| 31 Mar 14 | 13 | 103 | 10 | 0 |
| 31 Dec 13 | 14 | 1 | 10 | 0 |
| 30 Sep 13 | 15 | 35 | 10 | 0 |
| 30 Jun 13 | 15 | 69 | 11 | 0 |
Quality Earnings: IFN has a large one-off gain of $99.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: IFN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IFN has become profitable over the past 5 years, growing earnings by 10.6% per year.
Accelerating Growth: IFN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: IFN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: IFN's Return on Equity (17.8%) is considered low.