Results · Commerce & Consumer Brands

Lenskart posts Q4 revenue up 40.6% to Rs 2,516 crore

What they do

Lenskart sells prescription eyeglasses, sunglasses, contact lenses and accessories online and in stores

Q4 FY26 revenue rose 40.6% to Rs 2,516 crore; EBITDA grew 61.2% to Rs 536 crore

The company plans to transition from a consumer tech to a consumer AI company in FY27

Lenskart reported Q4 FY26 revenue of Rs 2,516 crore, up 40.6% year-on-year.
Q4 EBITDA was Rs 536 crore, up 61.2% year-on-year.
Q4 adjusted PAT was Rs 204 crore, up 164.7% year-on-year.
Full FY26 revenue was Rs 9,002 crore, up 32.3% year-on-year.
Full FY26 EBITDA was Rs 1,790 crore with a margin of 19.9%, up 55.3% year-on-year.
Full FY26 adjusted PAT was Rs 530 crore, 2.5 times the prior year.
The company added 603 net new stores globally in FY26, taking the total to 3,327 active stores.
The board approved acquiring additional stake in Japanese brand Owndays and merging two subsidiaries.

Lenskart's India same-store sales grew 24.2% in Q4, showing strong organic demand.
The company's international segment contributed Rs 1,054 crore in Q4 revenue, up 35.4%.
Lenskart plans to transition from a consumer tech to a consumer AI company in FY27.
The company has a net cash balance of Rs 3,881 crore at end FY26.

Lenskart is a technology-driven eyewear company selling prescription eyeglasses, sunglasses, contact lenses and accessories.
It operates 3,327 stores globally across India, Japan, Southeast Asia and the Middle East.
In India, it has a presence in 556 cities, having entered 157 new cities in FY26.
The company's in-house manufacturing produced 17.5 million prescription eyeglasses, 7.8 million frames and 5.6 million lenses in FY26.
It offers next-day delivery across 78 cities in India.
Lenskart's premium label Mellor sees demand across India, Southeast Asia, Europe and the Middle East.
Its smart glasses initiative B by Lenskart has over 30,000 users on the waitlist.

Lenskart expects net new store additions in FY27 to be at or around FY26 levels.
The company's single biggest priority in FY27 is to transition from a consumer tech to a consumer AI company.
It plans to embed AI across product design, manufacturing, customer acquisition and in-store experience.
Its Hyderabad manufacturing facility is expected to be commissioned in about 18 months.
Long-term steady-state EBITDA pre-IndAS 116 margin target is about 25%.