Lenskart Solutions Ltd
Incorporated 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 ₹ 98,847 Cr.
- Current Price ₹ 568
- High / Low ₹ 576 / 356
- Stock P/E 213
- Book Value ₹ 50.3
- Dividend Yield 0.00 %
- ROCE 8.08 %
- ROE 6.33 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 74.2% CAGR over last 5 years
Cons
- Stock is trading at 11.3 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 17.5%
- Company has a low return on equity of 3.62% over last 3 years.
- Company might be capitalizing the interest cost
* 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 500 BSE 200 BSE Dollex 200 Nifty 500 Nifty Midcap 100
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 900 | 905 | 1,503 | 3,788 | 5,428 | 6,653 | 8,814 | |
| 932 | 952 | 1,617 | 3,524 | 4,748 | 5,676 | 7,060 | |
| Operating Profit | -32 | -47 | -115 | 264 | 680 | 977 | 1,754 |
| OPM % | -3.6% | -5% | -8% | 7% | 13% | 15% | 20% |
| 69 | 127 | 116 | 140 | 175 | 351 | 153 | |
| Interest | 4 | 7 | 23 | 83 | 124 | 146 | 178 |
| Depreciation | 27 | 39 | 85 | 418 | 672 | 797 | 1,048 |
| Profit before tax | 6 | 33 | -108 | -97 | 59 | 385 | 680 |
| Tax % | 0% | 0% | 0% | -39% | 117% | 23% | 26% |
| 6 | 29 | -102 | -64 | -10 | 297 | 501 | |
| EPS in Rs | 0.83 | 3.79 | -13.39 | -8.34 | -2.26 | 3.83 | 2.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 58% |
| 3 Years: | 33% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 74% |
| 3 Years: | 110% |
| TTM: | 120% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 4% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 15 | 154 | 347 |
| Reserves | 2,333 | 2,363 | 2,918 | 5,441 | 5,467 | 5,777 | 8,391 |
| 14 | 30 | 34 | 934 | 2,343 | 2,740 | 3,097 | |
| 221 | 393 | 733 | 3,071 | 1,661 | 1,718 | 2,410 | |
| Total Liabilities | 2,583 | 2,802 | 3,700 | 9,462 | 9,487 | 10,390 | 14,245 |
| 155 | 337 | 649 | 5,067 | 5,501 | 6,231 | 7,740 | |
| CWIP | 1 | 5 | 133 | 134 | 71 | 107 | 112 |
| Investments | 1,353 | 841 | 1,048 | 787 | 1,003 | 1,038 | 571 |
| 1,074 | 1,618 | 1,869 | 3,474 | 2,912 | 3,014 | 5,822 | |
| Total Assets | 2,583 | 2,802 | 3,700 | 9,462 | 9,487 | 10,390 | 14,245 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -89 | -117 | -183 | 95 | 487 | 1,231 | 1,670 | |
| -1,915 | 115 | -421 | -2,586 | 163 | -262 | -2,551 | |
| 2,019 | -16 | 604 | 2,777 | -722 | -535 | 1,201 | |
| Net Cash Flow | 15 | -18 | 0 | 285 | -72 | 434 | 319 |
| Free Cash Flow | -138 | -227 | -430 | -318 | 55 | 805 | 846 |
| CFO/OP | 273% | 242% | 150% | 45% | 80% | 137% | 109% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 73 | 13 | 21 | 27 | 23 | 7 | 7 |
| Inventory Days | 109 | 233 | 141 | 163 | 148 | 198 | 150 |
| Days Payable | 94 | 136 | 109 | 154 | 111 | 135 | 138 |
| Cash Conversion Cycle | 88 | 110 | 53 | 36 | 60 | 69 | 19 |
| Working Capital Days | 169 | 352 | 115 | 57 | 11 | -5 | 53 |
| ROCE % | 2% | -3% | -0% | 2% | 6% | 8% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Lenskart Gold Active Members million members ・Standalone data |
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| Total Stores stores |
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| Eye Tests Conducted million tests |
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| Eyewear Units Sold million units |
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| In-house Frames Manufactured million units |
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| Manufacturing Capacity Utilization % |
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| Remote Optometry Stores stores ・Standalone data |
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| Same-Store Sales Growth (SSSG) - India % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16m - LENSKART : Lenskart Solutions Limited has informed about schedule of Earnings Call for the quarter ended June 30, 2026
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Update Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Incorporation Of Joint Venture Company "Lenskart Metalframes Private Limited"
30 Jul - Lenskart incorporated JV Lenskart Metalframes Private Limited on July 30, 2026 with MGL for metal frames manufacturing.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Jul - Lenskart Solutions Limited has informed regarding Notice of 18th Annual General Meeting of the Members of the Company and Annual Report for the Financial Year …
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Board Meeting Intimation for Intimation Of Board Meeting
28 Jul - Board meeting on August 12, 2026 to approve Q1 FY27 unaudited standalone and consolidated results.
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Reg. 34 (1) Annual Report.
24 Jul - 18th AGM on August 19, 2026; FY26 annual report circulated, with remote e-voting August 14-18.
Annual reports
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Dec 2025TranscriptPPTREC
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Nov 2025TranscriptPPT 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.