Iconik Sports& Event
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What does Iconik Sports& Event do?
The company "Hemakuta Industrial Investment Company Ltd" incorporated on May 25 1940 as Produce Dealers pvt. Ltd. ln 1963 the company changed its name to Tungbhadra Pulp & Board Mills Ltd. and set up the first unit in Karnataka for manufacture of paper boards. Thereafter, in 1973, the company sold the unit and became a finance company engaged in financial services business. Since then, the company has been providing financial services including giving loans, investing in shares and finance brokerage, etc. and has been continuously profit making.
Who are the competitors of Iconik Sports& Event?
Iconik Sports& Event major competitors are PMC Fincorp, Maha Rashtra Apex, Trustedge Capital, Dhyana Finstock, Nexome CapitalMarket, Apollo Finvest (I), Ganges Securities. Market Cap of Iconik Sports& Event is ₹132 Crs. While the median market cap of its peers are ₹128 Crs.
Is Iconik Sports& Event financially stable compared to its competitors?
Iconik Sports& Event seems to be less financially stable compared to its competitors. Altman Z score of Iconik Sports& Event is 6.33 and is ranked 4 out of its 8 competitors.
Does Iconik Sports& Event pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Iconik Sports& Event latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Iconik Sports& Event allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Iconik Sports& Event balance sheet?
Balance sheet of Iconik Sports& Event is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Iconik Sports& Event improving?
Yes, profit is increasing. The profit of Iconik Sports& Event is ₹4.34 Crs for TTM, ₹2.6 Crs for Mar 2025 and -₹0.06 Crs for Mar 2024.
Is the debt of Iconik Sports& Event increasing or decreasing?
The net debt of Iconik Sports& Event is decreasing. Latest net debt of Iconik Sports& Event is -₹1.2 Crs as of Mar-26. This is less than Mar-25 when it was ₹4.62 Crs.
Is Iconik Sports& Event stock expensive?
Iconik Sports& Event is not expensive. Latest PE of Iconik Sports& Event is 30.55, while 3 year average PE is 64.73. Also latest EV/EBITDA of Iconik Sports& Event is 23.76 while 3yr average is 46.08.
Has the share price of Iconik Sports& Event grown faster than its competition?
Iconik Sports& Event has given better returns compared to its competitors. Iconik Sports& Event has grown at ~104.92% over the last 6yrs while peers have grown at a median rate of 31.86%
Is the promoter bullish about Iconik Sports& Event?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Iconik Sports& Event is 8.68% and last quarter promoter holding is 11.25%
Are mutual funds buying/selling Iconik Sports& Event?
There is Insufficient data to gauge this.