Iconik Sports FY26 net profit rises 66.6% to ₹433.56 lakh
Iconik Sports and Events reported a 66.6% rise in FY26 net profit to ₹433.56 lakh, with revenue from operations surging to ₹4,550.67 lakh. The board approved the audited results and re-appointed an internal auditor, while statutory auditors issued an unmodified opinion.
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Iconik Sports and Events reported a 66.6% increase in net profit to ₹433.56 lakh for the financial year ended March 31, 2026, compared to ₹260.22 lakh in the previous year. Revenue from operations surged to ₹4,550.67 lakh for FY26, a significant rise from ₹1,271.19 lakh in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026.
Financial Performance
The company's total revenue for the year stood at ₹4,582.39 lakh, up from ₹1,271.19 lakh in the prior year. For the quarter ended March 31, 2026, net profit was ₹114.47 lakh, while revenue from operations reached ₹1,835.38 lakh. Total expenses for the year increased to ₹4,000.52 lakh from ₹923.62 lakh in FY25, driven largely by other expenses which rose to ₹3,975.87 lakh.
Key Metrics and Reserves
The board also approved the re-appointment of M/s. Garg Ashok & Company, Chartered Accountants, as Internal Auditor for FY27. Paid-up equity share capital increased to ₹3,384.20 lakh in FY26 from ₹1,965.70 lakh in the previous year. Reserves excluding revaluation reserves stood at ₹3,585.67 lakh as of March 31, 2026.
Auditor's Report and Corporate Actions
M/s. D G M S & Co., Chartered Accountants, the Statutory Auditors, issued an unmodified opinion on the standalone financial results. Additionally, the board approved the shifting of the registered office from Unit No. 104, Mahinder Chambers, Chembur, to Office 306, Laxmi Business Park, Oshiwara, Andheri West, Mumbai.
| Particulars | Year Ended 31.03.2026 (₹ in Lac) | Year Ended 31.03.2025 (₹ in Lac) |
|---|---|---|
| Revenue from operations | 4,550.67 | 1,271.19 |
| Total revenue | 4,582.39 | 1,271.19 |
| Total expenses | 4,000.52 | 923.62 |
| Profit for the period | 433.56 | 260.22 |
| Earnings per share (Basic) | 1.28 | 5.28 |
Historical Stock Returns for Iconik Sports And Events
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.86% | -8.74% | +8.07% | -38.02% | +37.89% | +159.43% |
What strategic initiatives drove the 258% surge in revenue, and are these growth rates sustainable for FY27?
With total expenses rising fourfold, what measures will be taken to control costs and maintain net profit margins?
How does the company plan to utilize the increased paid-up equity capital and reserves to fuel future expansion?
























