Shifting of Registered Office Unit No.104, 1st Floor, Mahinder Chambers, W.T. Patil Marg, Chembur, Mumbai, Maharashtra-400071 to Office 306, 3rd Floor, Laxmi Business Park, Laxmi Industrial ....
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Iconik Sports and Events Limited held its Board meeting on May 27, 2026, approving audited financial results for Q4 and FY ended March 31, 2026. Full year revenue grew significantly to ₹4,550.67 Lac from ₹1,271.19 Lac in FY25, while net profit increased 66.5% to ₹433.56 Lac (vs ₹260.22 Lac). Total assets rose to ₹8,727.73 Lac from ₹5,431.96 Lac. The company also re-appointed M/s. Garg Ashok & Company as Internal Auditor for FY2026-27 and approved shifting its registered office from Chembur to Andheri West, Mumbai. Statutory auditors M/s. D.G.M.S & Co. issued an unmodified opinion. Trade receivables increased substantially to ₹4,634.06 Lac from ₹1,140.07 Lac, while operating cash flow turned negative at ₹2,254.91 Lac. Share capital increased to ₹3,384.20 Lac from ₹1,965.70 Lac due to fresh issuance.
Revenue growth is strong but the large increase in receivables and negative operating cash flow raise concerns about cash collection. Share capital expansion diluted EPS. The office relocation is administrative with no direct shareholder impact.