Lenskart Solutions Limited
₹678.20-₹3.80 (-0.6%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹77,370 Cr
- P/E
- 599.0x
- EV / EBITDA
- 158.4x
- Revenue
- ₹4,039 Cr
- Net margin
- 4.5%
- ROCE
- 4.7%
Price chart
Technical chartScreen technicals →+68.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -1.3%
- 3M
- +20.4%
- 6M
- +31.6%
- 1Y
- +68.2%
- 5Y
- +65.8%
52-week range
Day change -₹3.80 (-0.6%) from ₹682 to ₹678 · Last close Oct 30, 2026
AI Summary
Indian StockStrengths1
- Revenue grew 26.7% YoY
Concerns1
- Low return on equity of 2.4%
Rule-based from financial data. Not advice.
About the company
Lenskart Solutions Limited, a technology-driven eyewear company, engages in designing, manufacturing, branding, and retailing of eyewear products in India, Japan, Southeast Asia, and the Middle East. The company's products include prescription eyeglasses, sunglasses, goggles, screen glasses, and other products, such as contact lenses and eyewear accessories, including frames for men, women, and kids.
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Lenskart Solutions Limited, a technology-driven eyewear company, engages in designing, manufacturing, branding, and retailing of eyewear products in India, Japan, Southeast Asia, and the Middle East. The company's products include prescription eyeglasses, sunglasses, goggles, screen glasses, and other products, such as contact lenses and eyewear accessories, including frames for men, women, and kids. It engages in lens manufacturing, lens edging, lens design, frame design, frame manufacturing, and delivery. The company operates as a direct-to-consumer company that designs and sells a wide range of eyewear products under the Lenskart and Owndays brands; and sub brands, including John Jacobs, Vincent Chase, Hooper, Lenskart Air, and Hustlr. It sells its products through online and offline channels, such as retail stores, websites, mobile applications, and other channels. The company also owns and operates eyewear retail stores in India and provides home eye check-up services. Lenskart Solutions Limited was incorporated in 2008 and is based in Gurugram, India.
- Sector
- Consumer Discretionary
- Shares outstanding
- 173 Cr shares
- ISIN
- INE956O01016
- BSE code
- 544600
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹77,370 Cr
- P/E
- 599.0x
- EV / EBITDA
- 158.4x
- EV / Sales
- 24.2x
- P/S
- 24.3x
- Earnings yield
- 0.2%
- 52-week high
- ₹706.60
- 52-week low
- ₹403.30
Profitability
- Operating margin
- 9.3%
- Net margin
- 4.5%
- EBITDA margin
- 15.3%
- ROE
- 2.4%
- ROCE
- 4.7%
- ROA
- 1.8%
- Dividend payout
- 0.0%
- Tax rate
- 25.0%
- Other income, % of PBT
- 99.0%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹4,039 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 26.7%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹487 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 87.3%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 30.6%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹161 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -409.6%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹40.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 1.8%
Solvency and efficiency
- Current ratio
- 4.02
- Debt / Equity
- 0.05
- Debt / Assets
- 0.04
- Debt / EBITDA
- 0.59
- Interest coverage
- 3.26
- Financial leverage
- 1.30
- CFO / Net profit
- 1.12
- Cash / Market cap
- 3.3%
- Cash per share
- ₹14.74
- Asset turnover
- 0.41
- Fixed asset turnover
- 1.96
- Capital intensity
- 0.51
- Debtor days
- 33 days
- Inventory turnover
- 2.77
- Cash conversion cycle
- 70 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹5 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹3,584 Cr |
| Sales | Operating profit | ₹455 Cr |
| Operating profit | Interest | ₹97 Cr |
| Operating profit | Depreciation | ₹292 Cr |
| Operating profit | Profit before tax | ₹66 Cr |
| Other income | Profit before tax | ₹185 Cr |
| Profit before tax | Tax and other | ₹64 Cr |
| Profit before tax | Net profit | ₹188 Cr |
Revenue and net profit
Revenue grew 26.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹880 Cr | ₹55 Cr |
| FY2022 | ₹1,439 Cr | ₹6 Cr |
| FY2023 | ₹2,375 Cr | ₹138 Cr |
| FY2024 | ₹3,187 Cr | ₹144 Cr |
| FY2025 | ₹4,039 Cr | ₹188 Cr |
Cash flows
FY2025: ₹366 Cr from operations, ₹87.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹120 Cr | -₹20 Cr |
| FY2022 | -₹140 Cr | -₹640 Cr |
| FY2023 | -₹52 Cr | -₹2,990 Cr |
| FY2024 | ₹161 Cr | ₹414 Cr |
| FY2025 | ₹366 Cr | ₹87 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹4,039 Cr+26.7%1Y
- Net profit
- ₹188 Cr+30.6%1Y
- Cash from operations
- ₹366 Cr
- Free cash flow
- ₹87 Cr-79.0%1Y
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹4,039 Cr | ₹455 Cr | — | ₹188 Cr | ₹366 Cr | ₹87 Cr | 2.9% | +26.7% | +30.6% |
Monthly returns
Month-by-month returns of LENSKART across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹8,657 Cr |
| Equity capital | ₹154 Cr |
| Reserves | ₹6,364 Cr |
| Borrowings | ₹1,366 Cr |
| Other liabilities | ₹773 Cr |
| Assets | ₹8,657 Cr |
| Fixed assets | ₹2,003 Cr |
| Capital work in progress | ₹106 Cr |
| Investments | ₹4,187 Cr |
| Other assets | ₹2,361 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
LENSKART trades at 599.0x earnings against a peer median of 55.4x (a 981% premium).
Not shown (no positive earnings and no EV / Sales): SWIGGY LIMITED, Meesho Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Lenskart Solutions LimitedLENSKARTthis companyP/E ↑ premium | ₹77,370 Cr | 599.0x | — | 2.4% | 158.4x |
| Marico LimitedMARICO | ₹98,148 Cr | 52.3x | 19.4x | 30.0% | 63.5x |
| SWIGGY LIMITEDSWIGGY | ₹96,874 Cr | — | 7.3x | 28.7% | -63.9x |
| Indian Hotels Co. LtdINDHOTEL | ₹96,523 Cr | 64.6x | 8.4x | 10.8% | 53.3x |
| United Spirits LimitedUNITDSPR | ₹95,949 Cr | 55.4x | 11.9x | 18.8% | 46.6x |
| LG Electronics India LimitedLGEINDIA | ₹94,943 Cr | 46.2x | — | 40.1% | 38.6x |
| Havells India LimitedHAVELLS | ₹89,811 Cr | 60.9x | 10.4x | 17.1% | 41.5x |
| Meesho LimitedMEESHO | ₹74,358 Cr | — | — | -14.2% | -290.4x |
| FSN E-Commerce Ventures LimitedNYKAA | ₹72,865 Cr | 1134.0x | 42.6x | 7.9% | 661.0x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
LENSKART since 1 January, against earlier years.
Historical volatility
LENSKART's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -5.0% |
| FY2022 | -2.0% |
| FY2023 | 4.0% |
| FY2024 | 9.0% |
| FY2025 | 11.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹4,039 Cr |
| Costs | |
| Interest | ₹97 Cr |
| Expenses | ₹3,584 Cr |
| Operating profitOperating Profit | ₹455 Cr |
| Other income and charges | |
| Profit before tax | ₹252 Cr |
| Tax | |
| Net profitNet Profit | ₹188 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹8,657 Cr |
| Equity capitalEquity Capital | ₹154 Cr |
| Reserves | ₹6,364 Cr |
| Borrowings | ₹1,366 Cr |
| Other liabilitiesOther Liabilities | ₹773 Cr |
| AssetsTotal Assets | ₹8,657 Cr |
| Fixed assetsFixed Assets | ₹2,003 Cr |
| Capital work in progressCWIP | ₹106 Cr |
| Investments | ₹4,187 Cr |
| Other assetsOther Assets | ₹2,361 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹366 Cr |
| Investing cash flowCash from Investing Activity | -₹279 Cr |
| Financing cash flowCash from Financing Activity | -₹48 Cr |
| Change in cashNet Cash Flow | ₹39 Cr |
Learn while you research
Academy chapters picked for Lenskart Solutions Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 599.0, learn when high multiples are justified.6 min read
- 04 Growth Investing27% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read