Lenskart Solutions Ltd
Established in 2008,Lenskart Solutions is a technology-focused eyewear company involved in the design, manufacturing, branding, and retail of prescription eyeglasses, sunglasses, contact lenses, and accessories.[1]
- Market Cap ₹ 81,062 Cr.
- Current Price ₹ 467
- High / Low ₹ 495 / 356
- Stock P/E 628
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 3.91 %
- ROE 2.19 %
- Face Value ₹ 2.00
Pros
- Debtor days have improved from 28.0 to 19.0 days.
- Company's working capital requirements have reduced from 96.5 days to 62.6 days
Cons
- Promoter holding has decreased over last quarter: -6.26%
- Promoter holding is low: 17.6%
- Company has a low return on equity of 2.53% over last 3 years.
- Earnings include an other income of Rs.185 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Speciality Retail
Part of BSE IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 880 | 1,439 | 2,375 | 3,187 | 4,039 | |
| 920 | 1,475 | 2,271 | 2,890 | 3,584 | |
| Operating Profit | -40 | -36 | 104 | 297 | 455 |
| OPM % | -5% | -2% | 4% | 9% | 11% |
| 126 | 118 | 156 | 190 | 185 | |
| Interest | 5 | 19 | 62 | 91 | 97 |
| Depreciation | 26 | 58 | 114 | 204 | 292 |
| Profit before tax | 55 | 6 | 84 | 192 | 252 |
| Tax % | 0% | 0% | -64% | 25% | 25% |
| 55 | 6 | 138 | 144 | 188 | |
| EPS in Rs | 7.24 | 0.73 | 18.03 | 18.68 | 2.44 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 142% |
| TTM: | -5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 154 | 154 |
| Reserves | 2,405 | 3,070 | 5,768 | 5,977 | 6,364 | 6,569 |
| 30 | 34 | 620 | 287 | 1,366 | 1,549 | |
| 346 | 642 | 1,259 | 1,519 | 773 | 915 | |
| Total Liabilities | 2,797 | 3,761 | 7,662 | 7,799 | 8,657 | 9,187 |
| 292 | 570 | 1,145 | 1,628 | 2,003 | 2,337 | |
| CWIP | 3 | 130 | 129 | 70 | 106 | 62 |
| Investments | 851 | 1,053 | 3,333 | 3,549 | 4,187 | 4,233 |
| 1,652 | 2,008 | 3,055 | 2,552 | 2,361 | 2,555 | |
| Total Assets | 2,797 | 3,761 | 7,662 | 7,799 | 8,657 | 9,187 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -120 | -140 | -52 | 161 | 366 | |
| 100 | -500 | -2,938 | 253 | -279 | |
| -4 | 628 | 3,037 | -373 | -48 | |
| Net Cash Flow | -25 | -12 | 46 | 40 | 39 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 16 | 27 | 32 | 33 | 19 |
| Inventory Days | 227 | 130 | 147 | 132 | 204 |
| Days Payable | 131 | 98 | 136 | 94 | 103 |
| Cash Conversion Cycle | 111 | 59 | 43 | 70 | 120 |
| Working Capital Days | 392 | 177 | 144 | 83 | 63 |
| ROCE % | 1% | 3% | 4% | 4% |
Documents
Announcements
-
Clarification On Volume Movement Letter
6h - Lenskart confirms compliance with Reg.30; no price-sensitive disclosure required (December 22, 2025).
- Clarification sought from Lenskart Solutions Ltd 7h
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
4 Dec - Uploaded Q2 FY26 earnings call transcript; Q2 revenue INR21,466mn, EBITDA INR4,258mn, PAT INR1,130mn.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Dec
- Clarification sought from Lenskart Solutions Ltd 2 Dec
Concalls
-
Dec 2025TranscriptPPTREC
-
Nov 2025TranscriptAI SummaryPPT REC
Business Profile[1][2]
Lenskart is a technology-driven, vertically integrated D2C eyewear company that designs, manufactures, brands and retails prescription eyeglasses, sunglasses, contact lenses and accessories via an omnichannel network (stores + apps + web) across India and select international markets.