About Lenskart Solutions Ltd
Lenskart Solutions Ltd., founded in 2008, is a leading technology-driven eyewear company engaged in designing, manufacturing, branding, and retailing a wide range of optical products including prescription eyeglasses, sunglasses, contact lenses, and accessories. India is its primary market, and according to the Redseer Report, Lenskart recorded the highest sales volume of prescription eyeglasses in India during FY 2025. Operating under a direct-to-consumer model, the company manages its entire value chain, offering products through its proprietary brands and sub-brands that cater to diverse price segments and demographics. During FY 2025, the company launched 105 new collections, including exclusive collaborations with renowned personalities and brands.
As of March 31, 2025, Lenskart operated 2,723 stores worldwide, comprising 2,067 in India and 656 overseas. Out of these, 1,757 are company-owned and 310 are franchised stores in India. The brand also provides remote eye testing services across 168 stores through 136 optometrists in India, Japan, and Thailand.
Lenskart’s manufacturing operations are centralized at Bhiwadi and Gurugram, with regional facilities in Singapore and the UAE. This strong supply chain enables next-day delivery in 40 cities and 3-day delivery in 69 cities for single-vision eyewear.
Financially, the company has shown robust growth with revenues of Rs. 37,880.28 million in FY 2023, Rs. 54,277.03 million in FY 2024, and Rs. 66,525.17 million in FY 2025. Its mobile apps have crossed 100 million downloads, supported by a tech team of over 500 members, reflecting its strong digital ecosystem.
Promoters: Peyush Bansal, Neha Bansal, Amit Chaudhary, and Sumeet Kapahi
Promoter Holding (Pre-Issue): 19.85%
Promoter Holding (Post-Issue): 17.52%
Why To Invest in Lenskart Solutions Ltd
Market Leader in Eyewear Segment: Lenskart dominates India’s organized eyewear market with a strong omnichannel presence and a recognizable brand identity.
Technology-Driven Business Model: The company’s AI-enabled product recommendation, advanced supply chain management, and digital-first approach drive operational efficiency.
Strong Financial Growth: Revenue has grown consistently year-on-year with a significant turnaround in profitability PAT rose by over 3000% between FY 2024 and FY 2025.
Expanding Global Footprint: Lenskart’s presence across international markets such as Singapore, UAE, Japan, and Thailand enhances its growth potential beyond India.
In-House Manufacturing and Design Capabilities: Complete control over the production process ensures quality, innovation, and cost efficiency.
High Brand Recall and Customer Loyalty: Backed by strong marketing, tech-driven experiences, and value-based pricing, Lenskart enjoys a loyal and growing customer base.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 10,845.68 | 10,471.02 | 9,531.02 | 9,528.28 |
| Total Income | 1,946.10 | 7,009.28 | 5,609.87 | 3,927.97 |
| Profit After Tax | 61.17 | 297.34 | -10.15 | -63.76 |
| EBITDA | 336.63 | 971.06 | 672.09 | 259.71 |
| NET Worth | 6,176.87 | 6,108.30 | 5,642.38 | 5,444.48 |
| Reserves and Surplus | 5,855.43 | 5,795.00 | 5,466.50 | 5,411.96 |
| Total Borrowing | 335.48 | 345.94 | 497.15 | 917.21 |
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