Iconik Sports

Why is Iconik Sports and Events Ltd falling/rising?

As of 22-Jun, Iconik Sports and Events Ltd's stock price is at 40.55, reflecting a 2.15% decline and significant underperformance compared to its sector. The stock has a year-to-date drop of 33.01% and shows reduced investor interest, indicating a bearish trend.

As of 22-Jun, Iconik Sports and Events Ltd's stock price is falling, currently at 40.55, which reflects a decrease of 0.89 or 2.15%. The stock has underperformed its sector by 3.1% today and has experienced consecutive losses over the past two days, totaling a decline of 2.31%. <BR><BR>In terms of performance over different periods, the stock has seen a significant year-to-date decline of 33.01%, while the benchmark Sensex has only decreased by 9.54%. Additionally, the stock's performance over the past week shows a drop of 4.41%, contrasting with a 1.09% gain in the Sensex. <BR><BR>Investor participation has also decreased, with delivery volume on June 19 falling by 84.64% compared to the 5-day average, indicating reduced interest from investors. Furthermore, while the stock is trading above its 50-day moving average, it is below its 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend. <BR><BR>Overall, these factors contribute to the stock's current downward trajectory.

Which are the latest news on Iconik Sports?

What does Iconik Sports do?

Iconik Sports and Events Ltd is a Non Banking Financial Company (NBFC) operating in the micro cap market, previously known as Hemakuta Industrial Investment Company and ID Info Business Services. As of March 2026, it reported net sales of 18 Cr and a net profit of 1 Cr, with a market cap of INR 153 Cr.

Overview:<BR>Iconik Sports and Events Ltd operates as a Non Banking Financial Company (NBFC) within the micro cap market segment.<BR><BR>History:<BR>The company was initially incorporated as Hemakuta Industrial Investment Company Limited in 1940. It underwent a name change to ID Info Business Services Limited in 2013 and was rebranded to Iconik Sports and Events Limited on April 15, 2025. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 18 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 153 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 20<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: 104 Mahinder Chambers Chembur, Opp DukesFactory WT Patil Marg Mumbai Maharashtra : 400071<BR>Email: hemkutaind@gmail.com<BR>Website: http://www.idinfo.in

How big is Iconik Sports?

As of 10th June, Iconik Sports and Events Ltd has a market capitalization of 153.00 Cr, with recent net sales of 45.50 Cr and a net profit of 4.32 Cr. Shareholder's funds are 36.99 Cr and total assets amount to 54.32 Cr as of March 2025.

As of 10th June, Iconik Sports and Events Ltd has a market capitalization of 153.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Iconik Sports reported Net Sales of 45.50 Cr and a Net Profit of 4.32 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 36.99 Cr and Total Assets of 54.32 Cr.

Who are in the management team of Iconik Sports?

The management team of Iconik Sports includes Kannan Krishnan Naiker (Managing Director), Chitrapavai Kannan, Himanshu Lohiya, and Pravin Vallabhdas Rajdev (all Independent Directors), along with Mohammed Fehzann Chippa (Company Secretary & Compliance Officer).

The management team of Iconik Sports includes the following individuals:<BR><BR>1. Kannan Krishnan Naiker - Managing Director<BR>2. Chitrapavai Kannan - Independent Director<BR>3. Himanshu Lohiya - Independent Director<BR>4. Pravin Vallabhdas Rajdev - Independent Director<BR>5. Mohammed Fehzann Chippa - Company Secretary & Compliance Officer<BR><BR>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Iconik Sports?

Iconik Sports' peers include Jhaveri Credits, Tilak Ventures, Baid Finserv, and others, with varying management risks and growth rates. Reliable Data leads in 1-year returns at 83.36%, while Worth Investment has the lowest at -88.60%, with Iconik Sports at 45.54%.

Peers: The peers of Iconik Sports are Jhaveri Credits, Tilak Ventures, Baid Finserv, Supra Pacific, Reliable Data, Keynote Finan., Worth Investment, Thacker & Co., Sonal Mercantile, and IBL Finance.<BR><BR>Quality Snapshot: Excellent management risk is observed at Tilak Ventures, Supra Pacific, Worth Investment, and IBL Finance, while Average management risk is found at Reliable Data, Keynote Finan., Thacker & Co., and the rest. Below Average management risk is present at Jhaveri Credits, Baid Finserv, Sonal Mercantile, and the rest. Growth is Excellent for Tilak Ventures, Supra Pacific, Worth Investment, and IBL Finance, while Average growth is noted at Reliable Data, Sonal Mercantile, and the rest. Below Average growth is seen at Baid Finserv, Keynote Finan., Thacker & Co., and the rest. Capital Structure is Excellent for Jhaveri Credits, Tilak Ventures, Baid Finserv, Supra Pacific, Keynote Finan., Worth Investment, Sonal Mercantile, and IBL Finance, while Average capital structure is found at Reliable Data, and Good at Thacker & Co.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Reliable Data at 83.36%, while Worth Investment has the lowest at -88.60%. Iconik Sports has a 1-year return of 45.54%, which is significantly higher than Worth Investment but lower than Reliable Data. Additionally, the peers with negative six-month returns include Tilak Ventures, Worth Investment, Thacker & Co., and IBL Finance.

When is the next results date for Iconik Sports and Events Ltd?

The next results date for Iconik Sports and Events Ltd is 12 February 2026.

The next results date for Iconik Sports and Events Ltd is scheduled for 12 February 2026.

How has been the historical performance of Iconik Sports?

Iconik Sports experienced significant growth in the fiscal year ending March 2025, with net sales rising to 12.71 Cr from 0.03 Cr in 2024, and achieving an operating profit of 3.47 Cr compared to a loss the previous year. Despite strong profitability, the company faced challenges with negative cash flow from operating activities at -38.00 Cr.

Answer:<BR>The historical performance of Iconik Sports shows significant growth in net sales and profitability in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Iconik Sports reported net sales of 12.71 Cr, a substantial increase from 0.03 Cr in March 2024 and 0.19 Cr in March 2023. The total operating income also rose dramatically to 12.71 Cr from 0.03 Cr the previous year. The company managed to achieve an operating profit (PBDIT) of 3.47 Cr, a notable recovery from a loss of 0.06 Cr in March 2024. Profit before tax reached 3.48 Cr, with a profit after tax of 2.60 Cr, compared to a loss of 0.06 Cr in the prior year. The operating profit margin improved to 27.3%, and the profit after tax margin was 20.46%. On the balance sheet, total assets increased to 54.32 Cr from 0.49 Cr in March 2024, with shareholder's funds rising to 36.99 Cr. The company also reported a book value per share of 18.82, a significant improvement from -19.12 in the previous year. However, cash flow from operating activities was negative at -38.00 Cr, indicating challenges in cash generation despite the positive profit figures. Overall, Iconik Sports demonstrated a strong turnaround in its financial performance in 2025.

Who are the top shareholders of the Iconik Sports?

The top shareholders of Iconik Sports include Foreign Institutional Investors (FIIs) with 59.2% ownership, Kannan Krishnan Naiker as the largest promoter at 4.06%, and the Radiant Global Fund-class B Participating Shares holding 9.31%. Individual investors own 18.35% of the shares, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Iconik Sports include a significant presence of Foreign Institutional Investors (FIIs), who hold 59.2% of the shares, represented by 9 different FIIs. The promoter with the highest holding is Kannan Krishnan Naiker, who owns 4.06% of the company. Additionally, the highest public shareholder is the Radiant Global Fund-class B Participating Shares, which holds 9.31%. Individual investors collectively own 18.35% of the shares. There are no pledged promoter holdings, and mutual funds do not hold any schemes in the company.

What is the technical trend for Iconik Sports?

As of June 5, 2025, Iconik Sports shows a mildly bullish trend, supported by daily moving averages and bullish signals from Dow Theory and OBV, despite limited data on MACD, RSI, and Bollinger Bands.

As of 5 June 2025, the technical trend for Iconik Sports has changed from bullish to mildly bullish. The daily moving averages indicate a bullish stance, while the weekly and monthly Dow Theory and OBV are also bullish, supporting the mildly bullish outlook. However, the lack of specific MACD, RSI, and Bollinger Bands data limits a more comprehensive assessment. Overall, the current stance is mildly bullish, driven primarily by the daily moving averages and consistent bullish signals from Dow Theory and OBV.

Has Iconik Sports declared dividend?

No Dividend History Available