Lenskart Solutions Ltd

AI

Lenskart Solutions Ltd

₹ 727 0.60%
12 Nov - close price
About

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]

Key Points

Business Profile[1][2]
Lenskart is a technology-led, vertically integrated D2C eyewear company. It designs, manufactures, brands and retails prescription eyeglasses, sunglasses, contact lenses and accessories through an omnichannel network
(stores, app and website) across India and select international markets.

  • Market Cap ₹ 1,26,524 Cr.
  • Current Price ₹ 727
  • High / Low ₹ 767 / 389
  • Stock P/E 162
  • Book Value ₹ 53.6
  • Dividend Yield 0.00 %
  • ROCE 8.08 %
  • ROE 6.55 %
  • Face Value ₹ 2.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 75.4% CAGR over last 5 years

Cons

  • Stock is trading at 13.6 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 3.90% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
1,736 1,669 1,728 1,894 2,096 2,308 2,516 2,714 2,845
1,449 1,459 1,436 1,558 1,683 1,845 1,979 2,126 2,223
Operating Profit 286 210 292 336 413 462 536 588 622
OPM % 16% 13% 17% 18% 20% 20% 21% 22% 22%
70 32 212 42 33 35 49 69 56
Interest 26 34 48 41 45 49 44 53 53
Depreciation 196 199 215 237 253 270 288 305 321
Profit before tax 134 8 241 100 148 178 254 300 304
Tax % 36% 77% 9% 39% 30% 26% 20% 24% 24%
86 2 220 61 103 133 204 228 232
EPS in Rs 1.11 0.02 2.84 0.78 1.24 0.76 1.15 1.28 1.31
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
900 905 1,503 3,788 5,428 6,653 8,814 10,383
932 952 1,617 3,524 4,748 5,676 7,060 8,174
Operating Profit -32 -47 -115 264 680 977 1,754 2,209
OPM % -3.6% -5% -8% 7% 13% 15% 20% 21%
69 127 116 140 175 351 153 209
Interest 4 7 23 83 124 146 178 199
Depreciation 27 39 85 418 672 797 1,048 1,183
Profit before tax 6 33 -108 -97 59 385 680 1,037
Tax % 0% 0% 0% -39% 117% 23% 26%
6 29 -102 -64 -10 297 501 797
EPS in Rs 0.08 0.38 -1.34 -0.83 -0.23 3.83 2.84 4.50
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 58%
3 Years: 33%
TTM: 41%
Compounded Profit Growth
10 Years: %
5 Years: 75%
3 Years: 112%
TTM: 102%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 73%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 4%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 15 15 15 15 15 154 347 348
Reserves 2,333 2,363 2,918 5,441 5,467 5,777 8,391 8,974
14 30 34 934 2,343 2,740 3,097 3,455
221 393 733 3,071 1,661 1,718 2,410 2,900
Total Liabilities 2,583 2,802 3,700 9,462 9,487 10,390 14,245 15,677
155 337 649 5,067 5,501 6,231 7,740 8,358
CWIP 1 5 133 134 71 107 112 245
Investments 1,353 841 1,048 787 1,003 1,038 571 516
1,074 1,618 1,869 3,474 2,912 3,014 5,822 6,558
Total Assets 2,583 2,802 3,700 9,462 9,487 10,390 14,245 15,677

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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 273% 242% 150% 45% 80% 137% 109%

Ratios

Consolidated / 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
Eye Tests Conducted
million tests

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Eyewear Units Sold
million units
In-house Frames Manufactured
million units
Lenskart Gold Active Members
million members ・Standalone data
Manufacturing Capacity Utilization
%
Total Stores
stores
Remote Optometry Stores
stores ・Standalone data
Same-Store Sales Growth (SSSG) - India
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

76 Recently
Dec 2025Mar 2026Jun 2026Sep 2026
17.57% 17.55% 17.53% 17.52%
3.86% 4.26% 12.76% 18.26%
15.86% 15.48% 23.56% 26.81%
62.30% 62.30% 45.73% 36.99%
0.42% 0.42% 0.42% 0.42%
No. of Shareholders 1,28,5021,11,9731,35,9671,82,996

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Annual reports

Concalls