Lenskart Solutions Ltd
LENSKART NSE
Lenskart Solutions Ltd
RetailNSE: LENSKART BSE: 544600 Ecommerce
Key Fundamentals
LargecapEcommerceRetailMarket Cap
1.1L Cr
Volatility
High Risk
P/E Ratio
148.07
EBITDA
₹1,927 Cr
Return on Equity
5.66%
Debt to Equity
0.35
Book Value
₹50.24
52W High
₹673.9
52W Low
₹356.1
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Lenskart Solutions Ltd insights
33 extracted metrics + investor summaries across FY20–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is expected to give good quarter
- Company has delivered good profit growth of 74.2% CAGR over last 5 years
Weaknesses
5- Stock is trading at 13.1 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
Growth Rate
Revenue Growth
28.23% ↗
Net Income Growth
68.52% ↗
Cash Flow Change
35.67% ↗
ROE
18.16% ↗
ROCE
16.67% ↘
EBITDA Margin (Avg.)
12.78% ↗
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 3d agoAI opinion · based on fundamentals
Risk high
Lenskart Solutions Ltd is a high-growth eyewear retailer with a market cap of ₹1,12,417 Cr, trading at a PE of 170.4x. The company has delivered 74% profit CAGR over 5 years and 37% TTM sales growth, but carries a low ROE of 3.6% over 3 years and pays no dividend.
Bull Case 7
- Strong revenue growth with 37% TTM sales growth and 33% compounded sales CAGR over 3 years
- Exceptional profit growth at 74% CAGR over 5 years indicates improving operating leverage
- TTM profit growth of 77% shows accelerating earnings momentum
- 3-year compounded profit growth of 110% CAGR demonstrates rapid path to profitability
- ROE improving from 2% (5-year average) to 6% last year, indicating improving capital efficiency
- 5-year compounded sales CAGR of 58% reflects strong secular demand for organised eyewear retail
- Company is expected to deliver a good upcoming quarter based on operational trends
Bear Case 8
- PE ratio of 170.4x is extremely elevated, leaving little room for execution missteps
- Price-to-book of 13.02x is high, suggesting significant premium over tangible asset value
- Low promoter holding at 17.5% raises governance and alignment concerns
- 3-year average ROE of only 3.6% is poor for a company trading at such rich valuations
- Zero dividend yield despite reporting repeated profits suggests cash is not being returned to shareholders
- Potential capitalisation of interest costs may be flattering reported profitability
- 5-year average ROE of just 2% indicates historically weak returns on shareholder capital
- Recently listed with no meaningful stock CAGR history available for long-term performance assessment
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 1d ago Positives 3
- PAT triples in Q1FY27 Aug 19
Net profit surged 182-270% YoY to ₹221-228 crore in Q1FY27, with revenue growing 34-43% to ₹2,714 crore and expanding margins across India and international segments.
- JV with Mingfeng for frames Jul 30
Incorporated Lenskart Metalframes Pvt Ltd on July 30, 2026 with Mingfeng Glassesworld Limited, holding 80% stake in a metal frame manufacturing JV.
- Korean subsidiary approved Aug 12
Board approved JV stake buyback and incorporation of a new Korean subsidiary, signaling international expansion.
Neutral 2
- AGM approves FY26 accounts Aug 19
18th AGM concluded on August 19, 2026 via video conferencing with 75 members present. Shareholders adopted standalone and consolidated FY26 financial statements.
- Q4FY26 earnings call scheduled Aug 3
Earnings call scheduled for August 12, 2026 to discuss quarter ended June 30, 2026, with pre-registration required for investors.
TL;DR: Lenskart is delivering exceptional profit growth with PAT tripling YoY and revenue growing 34-43%, indicating strong operating leverage. The company is actively expanding internationally (Korea) and vertically integrating via its metal frames JV. No material headwinds are visible in recent news. The trend is firmly positive with accelerating profitability and strategic investments for sustained growth.
Quarterly Results
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,736 | 1,669 | 1,728 | 1,894 | 2,096 | 2,308 | 2,516 | 2,714 |
| Expenses | 1,449 | 1,459 | 1,436 | 1,558 | 1,683 | 1,845 | 1,979 | 2,126 |
| Operating Profit | 286 | 210 | 292 | 336 | 413 | 462 | 536 | 588 |
| OPM % | 16% | 13% | 17% | 18% | 20% | 20% | 21% | 22% |
| Other Income | 70 | 32 | 212 | 42 | 33 | 35 | 49 | 69 |
| Interest | 26 | 34 | 48 | 41 | 45 | 49 | 44 | 53 |
| Depreciation | 196 | 199 | 215 | 237 | 253 | 270 | 288 | 305 |
| PBT | 134 | 8 | 241 | 100 | 148 | 178 | 254 | 300 |
| Tax % | 36% | 77% | 9% | 39% | 30% | 26% | 20% | 24% |
| Net Profit | 86 | 2 | 220 | 61 | 103 | 133 | 204 | 228 |
| EPS in Rs | 11.08 | 0.02 | 2.84 | 0.78 | 1.24 | 0.76 | 1.15 | 1.28 |
Profit & Loss
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 900 | 905 | 1,503 | 3,788 | 5,428 | 6,653 | 8,814 | 9,634 |
| Expenses | 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% |
| Other Income | 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 |
| PBT | 6 | 33 | -108 | -97 | 59 | 385 | 680 | 880 |
| Tax % | 0% | 0% | 0% | -39% | 117% | 23% | 26% | — |
| Net Profit | 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 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| 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 |
| Borrowings | 14 | 30 | 34 | 934 | 2,343 | 2,740 | 3,097 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Operating | -89 | -117 | -183 | 95 | 487 | 1,231 | 1,670 |
| Investing | -1,915 | 115 | -421 | -2,586 | 163 | -262 | -2,551 |
| Financing | 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
| 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% |
Documents
1
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011
7h - Alpha Wave sold 43 million Lenskart shares; holding fell to 4.67% on May 8, 2026. 7h - Alpha Wave sold 43 million Lenskart shares; holding fell to 4.67% on May 8, 2026.
2
Announcement Under Regulation 30 (LODR)- Grant Of Stock Options Under Lenskart Employee Stock Option Plan 2021
2d - Lenskart granted 3,47,000 ESOPs on May 8, 2026 at ₹389 per share. 2d - Lenskart granted 3,47,000 ESOPs on May 8, 2026 at ₹389 per share.
3
Board Meeting Intimation for Intimation Of Board Meeting
30 Apr - Board meeting on May 20, 2026 to approve audited FY26 standalone and consolidated results. 30 Apr - Board meeting on May 20, 2026 to approve audited FY26 standalone and consolidated results.
4
Board Meeting Intimation for Intimation Of Board Meeting
30 Apr - Board meeting on May 20, 2026 to approve audited FY26 standalone and consolidated results. 30 Apr - Board meeting on May 20, 2026 to approve audited FY26 standalone and consolidated results.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
15 Apr - Regulation 74(5) certificate received for quarter ended March 31, 2026. 15 Apr - Regulation 74(5) certificate received for quarter ended March 31, 2026.
Frequently Asked Questions about Lenskart Solutions Ltd
What does Lenskart Solutions Ltd do?
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]
Where is Lenskart Solutions Ltd (LENSKART) listed?
Lenskart Solutions Ltd is listed on the Indian stock exchanges. It is listed on NSE: LENSKART and BSE: 544600. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Lenskart Solutions Ltd belong to?
Lenskart Solutions Ltd operates in the Retail sector within the Ecommerce industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Lenskart Solutions Ltd?
Lenskart Solutions Ltd has a market capitalisation of approximately ₹114103.54 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Lenskart Solutions Ltd?
The Price-to-Earnings (PE) ratio of Lenskart Solutions Ltd is 148.07. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Lenskart Solutions Ltd?
Over the past 52 weeks, Lenskart Solutions Ltd has traded between a low of ₹356.1 and a high of ₹673.9. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Lenskart Solutions Ltd?
Lenskart Solutions Ltd has a Return on Equity (ROE) of 5.66%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Lenskart Solutions Ltd on Tapetide?
On Tapetide, you can view Lenskart Solutions Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
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]