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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.
Mkt cap₹134 cr
P/E30.84×
ROE7.03%
Debt / eq.0.12
₹45.5 cr FY26 revenue, up from ₹12.7 crore in FY25.

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.
Mentioned: Iconik Sports And Events · ₹45.5 cr revenue · ₹18.38 cr Q4 revenue
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Iconik Sports And Events Ltd.

Asset Management
₹129 cr
P/E 29.70×

Latest quarter · Mar 2026

Total income₹18 cr
Net profit₹1 cr
Net margin+6.2%
EPS₹0.34

Leverage & growth

Debt / equity0.12×
Sales CAGR+172.7%
Financials via Tijori — a research aid, not investment advice.IDINFO on Tijori
  1. 27 May 2026 · 3:43 PM IST Iconik Sports revenue triples to ₹45.5 cr, but profit growth lags
  2. 49d ago Iconik Sports posts FY26 profit, but Q4 margins erode despite revenue jump