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Cash

£1.5m

Latest balance sheet

Net assets

£404m

lowest in 4 filed years

Employees

Average over period

Profit before tax

-£92m

Period ending 2026-03-31

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-09-302025-03-312025-09-302026-03-31 Δ vs prior
Turnover £9,935,000£8,132,000
Operating profit £3,389,000-£80,710,000-£94,650,000-£91,705,000
Profit before tax £3,389,000-£80,726,000-£94,669,000-£91,708,000
Net profit £2,383,000-£67,023,000-£87,769,000-£80,947,000
Cash £14,209,000£163,000£23,000£1,485,000
Total assets less current liabilities £902,493,000£785,589,000£520,079,000£408,826,000
Net assets £860,887,000£762,150,000£502,246,000£403,698,000
Equity £860,887,000£762,150,000£502,246,000£403,698,000
Average employees 00
Wages
Directors' remuneration £158,284£160,571

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . Year-on-year comparison hidden: this filing covers about 6 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-09-302025-03-312025-09-302026-03-31
Operating margin 34.1%
Net margin 24.0%
Return on capital employed 0.4%-10.3%-18.2%-22.4%
Gearing (liabilities / total assets) 4.7%3.6%
Current ratio 17.59x3.25x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation — the current trading name was adopted 2025-09-25

  1. JPMORGAN INDIA GROWTH & INCOME PLC 2025-09-25 → present
  2. JPMORGAN INDIAN INVESTMENT TRUST PLC 2005-11-09 → 2025-09-25
  3. JPMORGAN FLEMING INDIAN INVESTMENT TRUST PLC 2002-02-05 → 2005-11-09
  4. THE FLEMING INDIAN INVESTMENT TRUST PLC 1994-03-29 → 2002-02-05

Audit & accounting basis

Accounting basis
IFRS
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unaudited (audit-exempt)
Going concern
Affirmed

“The Directors believe, having considered the Company's investment objective, risk management policies, capital management policies and procedures, nature of the portfolio and expenditure projections, that the Company has adequate resources, an appropriate financial structure and suitable management arrangements in place to continue in operational existence for the foreseeable future and more specifically, that there are no material uncertainties pertaining to the Company that would prevent its ability to continue in such operational existence for at least 12 months from the date of the approval of this half yearly financial report. For these reasons, they consider there is reasonable evidence to continue to adopt the going concern basis in preparing the accounts.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

5 active · 22 resigned

Name Role Appointed Born Nationality
JP MORGAN FUNDS LIMITED Corporate Secretary 2014-07-01
DONEGAN, Vanessa Jane Director 2020-02-01 Dec 1958 British
GINMAN HORRELL, Maria Charlotta Director 2024-08-01 May 1965 Finnish,British
MERCHANT, Khozem, Mr. Director 2022-02-03 Aug 1958 British
WHITLEY, Jeremy Director 2020-02-01 Nov 1964 British
Show 22 resigned officers
Name Role Appointed Resigned
FLEMING INVESTMENT TRUST MANAGEMENT LIMITED Corporate Secretary 1994-03-29 2000-06-01
JPMORGAN ASSET MANAGEMENT (UK) LIMITED Corporate Secretary 2000-06-01 2014-07-01
BAKER, David Edward Director 1994-04-26 2008-01-24
BOLLAND, Hugh Westrope Director 2004-09-22 2015-01-29
BURNS, Richard Ronald James Director 2006-12-01 2020-02-05
CANNAN, Michael Barry Director 1994-04-26 2002-09-30
DAUBENEY, Philip Edward Giles Director 1994-04-26 2008-01-24
DINAN, Pierre Director 2002-12-31 2011-01-28
HAREL, Marie Francois Jacques Director 1994-04-26 2002-12-31
HUGNIN, Pierre Amedee Director 1996-04-26 1997-02-21
JOSHI, Vijay Ramchandra Director 1995-05-17 2012-01-31
JUDD, Jasper Rayner Augusto Director 2015-01-01 2025-02-11
LIPSCOMB, John Alan Director 1994-03-29 1994-04-26
MORGAN, Rosemary Jane Director 2013-12-01 2024-02-13
MULJI, Sudhir Jayantilal Director 1994-04-26 1997-12-01
PAREKH, Deepak Shantilal Director 1994-04-26 1996-05-17
PATEL, Nimisha Aonbalol Director 2011-12-13 2021-02-02
PROWSE, Nicholas Geoffrey Director 1994-03-29 1994-04-26
ROSS, Suzy Jane Director 2022-03-01 2022-03-01
SANDERMAN, Hugh Director 2010-10-01 2022-02-03
SAUNDERS, Iain Ogilvy Swain Director 1994-04-26 2007-01-25
SULLIVAN, Peter David Director 2007-10-01 2014-01-30

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 881 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-21 RESOLUTIONS Resolution
Date Type Category Description
2026-07-02 AA accounts Accounts with accounts type interim
2026-05-14 SH03 capital Capital return purchase own shares treasury capital date
2026-05-14 SH03 capital Capital return purchase own shares treasury capital date
2026-05-14 SH03 capital Capital return purchase own shares treasury capital date
2026-05-14 SH03 capital Capital return purchase own shares treasury capital date
2026-05-14 SH03 capital Capital return purchase own shares treasury capital date
2026-03-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-26 SH03 capital Capital return purchase own shares treasury capital date
2026-02-26 SH03 capital Capital return purchase own shares treasury capital date
2026-02-26 SH03 capital Capital return purchase own shares treasury capital date
2026-02-26 SH03 capital Capital return purchase own shares treasury capital date
2026-02-23 AA accounts Accounts with accounts type full
2026-02-21 RESOLUTIONS resolution Resolution
2026-02-02 SH03 capital Capital return purchase own shares treasury capital date
2025-12-03 SH03 capital Capital return purchase own shares treasury capital date
2025-12-03 SH03 capital Capital return purchase own shares treasury capital date
2025-12-03 SH03 capital Capital return purchase own shares treasury capital date
2025-12-02 ANNOTATION miscellaneous Legacy
2025-12-02 ANNOTATION miscellaneous Legacy
2025-12-02 ANNOTATION miscellaneous Legacy

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
13

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page