Lenskart Solutions Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1.19L Cr
- P/E
- 180.14
- ROE
- 6.33%
- PEG
- 1.63
- Price to sales
- 12.30
- Debt to equity
- 0.35
- 52W high / low
- ₹707 / ₹400
- Sales growth (5Y)
- 57.64%
- EBITDA margin
- 20.76%
- Net profit margin
- 5.35%
- Promoter holding
- 17.52%
- Sales (last year)
- ₹9,634 Cr
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]
Guidance scorecard · Q1 FY27 call
What Lenskart Solut.'s management guided
and where it ranks in Retailing
Retailing
RevenueQ1 FY27 call
20–40%- India market expected to grow significantly as penetration is only about 35%, with rising myopia and new segments like progressives and premium frames opening opportunities.
- Eye tests, a key driver, grew 23% recently, expanding the customer funnel as many discover vision issues for the first time.
- International business aims for accelerated store additions in coming years, especially in markets like Thailand and Japan, with tech integration enabling scalable growth.
- Same Store Sales Growth (SSSG) in India remains strong at around 18%, with increasing store density and sustained demand growth rather than share shifting.
2 more points from Lenskart Solut.'s call on revenue
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MarginsQ1 FY27 call
FlatSee what Lenskart Solut. said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- ₹132 crores plant capex related to Hyderabad manufacturing facility.
- ₹75 crores store capex to support store expansion.
- Continued investment in technology and engineering: building remote and self-eye tests, AI-enabled R&D for progressive lenses, and supply chain integration.
- Capital allocation aimed at scaling manufacturing, design, distribution, omnichannel access, and data capabilities to serve 6,100 unserved pin codes.
- Strategic acquisitions like GeoIQ to enhance geo-analytics for store expansions, especially internationally.
- Plans to accelerate international store openings as technology integration matures.
2 more points from Lenskart Solut.'s call on capex
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FundraisingQ1 FY27 call
See what Lenskart Solut. said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Ask what Lenskart Solut. said on the order book →
Full Q1 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Retailing
on management's own guidance
- Strong growth2
- Strong growth1
- Entero Healthcare Solutions LtdGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Retailing companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹6,264 Cr | 38.2 | |
| 2 | 40%+ | Flat | ₹6,053 Cr | 53.9 | |
| 3 | Entero Healthcare Solutions Ltd | 20–40% | Up 0–2% | ₹6,899 Cr | 53.5 |
| 4 | 20–40% | Up 0–2% | ₹790 Cr | 19.0 | |
| 5 | 20–40% | Flat | ₹3.14L Cr | 725.0 | |
| 6 | Lenskart Solut.This stock | 20–40% | Flat | ₹1.12L Cr | 170.8 |
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Pro shows every company guiding 40%+ revenue growth →Full Retailing rankingFinancials of Lenskart Solut.
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Lenskart Solut.
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 1,736 | 1,669 | 1,728 | 1,894 | 2,096 | 2,308 | 2,516 |
| Expenses + | 1,449 | 1,459 | 1,436 | 1,558 | 1,683 | 1,845 | 1,979 |
| Operating Profit | 286 | 210 | 292 | 336 | 413 | 462 | 536 |
| OPM % | 16% | 13% | 17% | 18% | 20% | 20% | 21% |
| Other Income + | 70 | 32 | 212 | 42 | 33 | 35 | 49 |
| Interest | 26 | 34 | 48 | 41 | 45 | 49 | 44 |
| Depreciation | 196 | 199 | 215 | 237 | 253 | 270 | 288 |
| Profit before tax | 134 | 8 | 241 | 100 | 148 | 178 | 254 |
| Tax % | 36% | 77% | 9% | 39% | 30% | 26% | 20% |
| Net Profit + | 86 | 2 | 220 | 61 | 103 | 133 | 204 |
| EPS in Rs | 11.08 | 0.02 | 2.84 | 0.78 | 1.24 | 0.76 | 1.15 |
Financials of Lenskart Solut.
Profit & Loss
Annual income statement trend
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales + | 905 | 1,503 | 3,788 | 5,428 | 6,653 | 8,814 |
| Expenses + | 952 | 1,617 | 3,524 | 4,748 | 5,675 | 7,065 |
| Operating Profit | -47 | -115 | 264 | 680 | 977 | 1,749 |
| OPM % | -5% | -8% | 7% | 13% | 15% | 20% |
| Other Income + | 127 | 116 | 140 | 175 | 351 | 159 |
| Interest | 7 | 23 | 83 | 124 | 147 | 178 |
| Depreciation | 39 | 85 | 418 | 672 | 797 | 1,048 |
| Profit before tax | 33 | -108 | -97 | 59 | 385 | 680 |
| Tax % | 0% | 0% | -39% | 117% | 23% | 26% |
| Net Profit + | 29 | -102 | -64 | -10 | 297 | 501 |
| EPS in Rs | 3.79 | -13.39 | -8.34 | -2.26 | 3.83 | 2.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Lenskart Solut.
Balance Sheet
Capital structure and asset base
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 15 | 15 | 15 | 15 | 154 | 347 |
| Reserves | 2,363 | 2,918 | 5,441 | 5,467 | 5,777 | 8,391 |
| Borrowings + | 30 | 34 | 934 | 2,343 | 2,740 | 3,097 |
| Other Liabilities + | 393 | 733 | 3,071 | 1,661 | 1,718 | 2,578 |
| Total Liabilities | 2,802 | 3,700 | 9,462 | 9,487 | 10,390 | 14,413 |
| Fixed Assets + | 337 | 649 | 5,067 | 5,501 | 6,231 | 7,798 |
| CWIP | 5 | 133 | 134 | 71 | 107 | 112 |
| Investments | 841 | 1,048 | 787 | 1,003 | 1,038 | 513 |
| Other Assets + | 1,618 | 1,869 | 3,474 | 2,912 | 3,014 | 5,991 |
| Total Assets | 2,802 | 3,700 | 9,462 | 9,487 | 10,390 | 14,413 |
Financials of Lenskart Solut.
Cash Flows
Operating, investing and financing cash movement
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -117 | -183 | 95 | 487 | 1,231 | 1,670 |
| Cash from Investing Activity + | 115 | -421 | -2,586 | 163 | -262 | -2,725 |
| Cash from Financing Activity + | -16 | 604 | 2,777 | -722 | -535 | 1,201 |
| Net Cash Flow | -18 | 0 | 285 | -72 | 434 | 145 |
| Free Cash Flow | -227 | -430 | -318 | 55 | 805 | 846 |
| CFO/OP | 242% | 150% | 45% | 80% | 137% | 110% |
Financials of Lenskart Solut.
Ratios
Working capital efficiency and return ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 13 | 21 | 27 | 23 | 7 | 7 |
| Inventory Days | 233 | 141 | 163 | 148 | 198 | 138 |
| Days Payable | 136 | 109 | 154 | 111 | 135 | 127 |
| Cash Conversion Cycle | 110 | 53 | 36 | 60 | 69 | 19 |
| Working Capital Days | 352 | 115 | 57 | 11 | -5 | 67 |
| ROCE % | -3% | -0% | 2% | 6% | 8% |
Guidance history
How Lenskart Solut.'s guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 20–40% | Flat | Planned | — | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 40%+ | Up 2%+ | Planned | — | Rising |
| Q2 FY26 call → | 20–40% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Lenskart Solut.'s management said in earlier quarters
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