Results · Commerce & Consumer Brands

Brokerages raise Lenskart target price citing international growth

What they do

Lenskart operates a technology-driven retail and manufacturing ecosystem selling prescription glasses, sunglasses, and contact lenses globally

Multiple major brokerages including Macquarie and CLSA raised their price targets on the listed eyewear firm, citing strong international sales and…

Analysts highlight robust earnings trajectories and operating leverage, though some caution against potential risks like slower store additions

Macquarie reiterated its Outperform rating on Lenskart Solutions Ltd. and increased its price target to ₹600 per share.
The brokerage cited sustained growth momentum, improving profitability, and strong performance in the company's international business.
CLSA also initiated coverage with an Outperform rating and a price target of ₹604, while Elara Capital set a target of ₹615.
Financial experts project that the enterprise will achieve an EBITDA annual expansion pace surpassing 35% covering FY26 through FY29.

International operations are currently outperforming the trajectory previously seen in the Indian market at a comparable scale.
Strong store economics and an integrated retail model have positioned the company favorably among urban consumers.

Lenskart sells prescription eyeglasses, sunglasses, contact lenses, and eyewear accessories through physical stores and digital channels.
The company operates an integrated retail ecosystem spanning manufacturing, technology-enabled supply chains, and consumer engagement.
It targets various consumer segments by offering both affordable products for mass markets and aspirational brands for urban shoppers.