Iconik Sports revenue triples to ₹45.5 cr, but profit growth lags
Annual revenue surged more than threefold, driven by a massive Q4. Profit grew, but not at the same pace.
— 1 earlier story on Iconik Sports And Events Ltd. →What's new
- Iconik Sports' annual revenue jumped from ₹12.7 cr to ₹45.5 cr in FY26.
- Net profit grew from ₹2.60 cr to ₹4.34 cr.
- Q4 revenue hit ₹18.38 cr, up from ₹12.71 cr in Q4 FY25.
Why this matters
Revenue more than tripling in a year is rare. The growth was heavily concentrated in the final quarter. The open question is whether this marks a sustainable new run-rate or a one-off event.
What we're watching
- Whether the Q4 surge is a one-off or a new baseline.
- Margin trajectory as the company scales.
- Business mix driving the growth.
The full read
Iconik Sports' FY26 numbers are big. Revenue hit ₹45.5 crore, up from ₹12.7 crore the year before, a 258% jump. The growth was front-loaded: Q4 alone brought in ₹18.38 crore, more than the company made in all of FY25. Net profit rose to ₹4.34 crore from ₹2.60 crore, but that's a 67% gain on a 258% revenue increase. Costs clearly expanded with the top line. Quarterly profit also recovered sequentially, from ₹0.68 crore in Q3 to ₹1.14 crore in Q4. The board handled routine housekeeping, reappointing its auditor and moving its office. The real test is whether this revenue velocity holds.
Questions answered
- What drove the revenue tripling?
- The growth was concentrated in Q4, which delivered ₹18.38 crore. That single quarter surpassed the company's entire FY25 revenue of ₹12.7 crore.
- How did profitability change?
- Net profit rose to ₹4.34 crore in FY26 from ₹2.60 crore the prior year. The Q4 profit of ₹1.14 crore also recovered from the ₹0.68 crore posted in Q3.
- Were there any other board decisions?
- The board re-appointed Garg Ashok & Company as internal auditor and approved shifting the registered office to a new Mumbai location. Both are standard administrative moves.
- Is the profit growth in line with revenue growth?
- No. Revenue grew roughly 258%, while net profit increased about 67% (from ₹2.60 cr to ₹4.34 cr). This suggests costs rose faster than sales.
Iconik Sports And Events Ltd.
Latest quarter · Mar 2026
Leverage & growth
Story so far
All notes on IDINFO →- 27 May 2026 · 3:43 PM IST Iconik Sports revenue triples to ₹45.5 cr, but profit growth lags
- 49d ago Iconik Sports posts FY26 profit, but Q4 margins erode despite revenue jump