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 ₹ 1,20,212 Cr.
- Current Price ₹ 691
- High / Low ₹ 725 / 356
- Stock P/E 183
- Book Value ₹ 50.3
- Dividend Yield 0.00 %
- ROCE 8.08 %
- ROE 6.33 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 74.2% CAGR over last 5 years
Cons
- Stock is trading at 13.7 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 Nifty LargeMidcap 250 BSE 500 BSE 200 BSE Dollex 200 BSE IPO
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 900 | 905 | 1,503 | 3,788 | 5,428 | 6,653 | 8,814 | 9,634 | |
| 932 | 952 | 1,617 | 3,524 | 4,748 | 5,676 | 7,060 | 7,633 | |
| Operating Profit | -32 | -47 | -115 | 264 | 680 | 977 | 1,754 | 2,000 |
| OPM % | -3.6% | -5% | -8% | 7% | 13% | 15% | 20% | 21% |
| 69 | 127 | 116 | 140 | 175 | 351 | 153 | 186 | |
| Interest | 4 | 7 | 23 | 83 | 124 | 146 | 178 | 191 |
| Depreciation | 27 | 39 | 85 | 418 | 672 | 797 | 1,048 | 1,116 |
| Profit before tax | 6 | 33 | -108 | -97 | 59 | 385 | 680 | 880 |
| Tax % | -0% | -0% | -0% | -39% | 117% | 23% | 26% | |
| 6 | 29 | -102 | -64 | -10 | 297 | 501 | 668 | |
| EPS in Rs | 0.83 | 3.79 | -13.39 | -8.34 | -2.26 | 3.83 | 2.84 | 4.43 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 58% |
| 3 Years: | 33% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 74% |
| 3 Years: | 110% |
| TTM: | 77% |
| 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 / 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
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Acquisition
- NESO invested EUR 0.248 million to buy 2.52% more of Le Petit Lunetier, raising stake to 34.34%.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
- Platinum Jasmine A 2018 Trust sold 3.5 crore Lenskart shares on-market on September 21, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Lenskart Solutions Limited has informed about the Schedule of meet
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
- Lenskart acquired 1.80% more in Ajna for INR 79.97 million, raising holding to 9.01%.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from web
-
Annual Report 2024
from web
-
Annual Report 2023
from web
Concalls
-
Aug 2026Transcript REC
-
May 2026Transcript PPT REC
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Feb 2026Transcript PPT REC
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Dec 2025Transcript REC
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Nov 2025PPT 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.