MarketFriction

Lenskart Solutions Ltd

NSE LENSKART · BSE 544600 · Speciality Retail
₹677.65 +3.62%
NSE close2026-10-09
52 week range356.10 - 725.00
Market cap₹1,20,212 Cr.
P/E183
IPO 2025 · +69% since Nifty 200Nifty 500Nifty Midcap 100Midcap 150 Price band 20% Delivery 54.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue from operations1,7361,6691,7281,8942,0962,3082,5162,714
Operating costs1,4491,4591,4361,5581,6831,8451,9792,126
EBITDA286210292336413462536588
EBITDA margin %16%13%17%18%20%20%21%22%
Depreciation & amortisation196199215237253270288305
Finance costs2634484145494453
Non-operating income70322124233354969
Pre-tax profit1348241100148178254300
Effective tax rate %36%77%9%39%30%26%20%24%
Profit after tax86222061103133204228
Earnings per share (Rs)11.080.022.840.781.240.761.151.28
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations9009051,5033,7885,4286,6538,8149,634
Operating costs9329521,6173,5244,7485,6767,0607,633
EBITDA-32-47-1152646809771,7542,000
EBITDA margin %-3.6%-5%-8%7%13%15%20%21%
Depreciation & amortisation2739854186727971,0481,116
Finance costs472383124146178191
Non-operating income69127116140175351153186
Pre-tax profit633-108-9759385680880
Effective tax rate %0%0%0%-39%117%23%26%
Profit after tax629-102-64-10297501668
Earnings per share (Rs)0.833.79-13.39-8.34-2.263.832.844.43
Paid out as dividend %0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR%58%33%37%
Profit CAGR%74%110%77%
Share price CAGR%%%%
Average return on equity%2%4%6%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)1553376495,0675,5016,2317,740
Capital work in progress1513313471107112
Investments1,3538411,0487871,0031,038571
Current & other assets1,0741,6181,8693,4742,9123,0145,822
Total assets2,5832,8023,7009,4629,48710,39014,245
Share capital1515151515154347
Reserves & surplus2,3332,3632,9185,4415,4675,7778,391
Total debt1430349342,3432,7403,097
Other liabilities & provisions2213937333,0711,6611,7182,410
Equity + liabilities2,5832,8023,7009,4629,48710,39014,245
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow-89-117-183954871,2311,670
Investing cash flow-1,915115-421-2,586163-262-2,551
Free cash flow (after capex)-138-227-430-31855805846
Financing cash flow2,019-166042,777-722-5351,201
Net change in cash15-180285-72434319
Cash conversion (OCF / EBITDA) %273%242%150%45%80%137%109%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %2%-3%-0%2%6%8%
Receivable days731321272377
Inventory days109233141163148198150
Payable days94136109154111135138
Cash cycle (days)881105336606919
Working capital days1693521155711-553
Dec 2025Mar 2026Jun 2026
Promoter group %17.57%17.55%17.53%
Foreign investors %3.86%4.26%12.76%
Domestic institutions %15.86%15.48%23.56%
Retail & others %62.30%62.30%45.73%
Other %0.42%0.42%0.42%
Shareholder count1,28,5021,11,9731,35,967

Fundamentals

Market value₹ 1,20,212 Cr.
Last price₹ 691
P/E (trailing)183
Book value / share₹ 50.3
Return on capital8.08 %
Return on equity6.33 %
Dividend yield0.00 %
Face value₹ 2.00
Revenue CAGR (TTM)37%
Profit CAGR (TTM)77%
Consolidated figures.
Valuation
Market capRs 117,864 Cr
Enterprise valueRs 117,812 Cr
P/E (TTM)230.10x
Price to book21.60x
Price to sales14.69x
EV / EBITDA64.54x
EV / EBIT138.71x
EV / sales14.68x
Price to cash flow1244.08x
Earnings yield0.43%
Profitability
Operating margin (excl. other income)6.96%
Operating margin (incl. other income)10.66%
EBITDA margin22.74%
Pre-tax margin8.31%
Net profit margin6.38%
Net margin, latest quarter5.68%
ROE-1.52%
ROCE-0.30%
ROA-0.97%
ROE, 3-year average-1.38%
ROCE, 3-year average-0.57%
ROA, 3-year average-1.01%
ROIC (approx.)9.66%
Tax rate38.54%
Other income / net worth2.56%
Growth
Sales growth (latest year)152.08%
Sales CAGR, 3 years61.44%
Sales growth QoQ10.09%
Profit growth QoQ28.18%
Sales growth YoY (latest quarter)38.28%
Profit growth YoY (latest quarter)6982.70%
Per share
EPS (TTM)Rs 2.94
EPS (latest year)Rs -8.34
EPS (latest quarter)Rs 0.75
EPS, 3-year averageRs -5.98
Book value per shareRs 31.37
Sales per shareRs 46.14
Cash flow per shareRs 0.54
Free cash flow per shareRs 4.86
Efficiency
Asset turnover0.40x
Fixed asset turnover0.75x
Inventory turnover2.33x
Inventory days157 days
Debtor days27 days
Debtors turnover13.48x
Creditor days138 days
Cash conversion cycle19 days
Working capital days53 days
Leverage
Total debtRs 934 Cr
Cash and bankRs 987 Cr
Net debtRs -52 Cr
Debt to equity0.17x
Net debt / EBITDA-0.03x
Interest coverage4.66x
Owners' fund to total sources57.67%
Debt to assets9.88%
Cash flow
Operating cash flow (latest year)Rs 95 Cr
Investing cash flow (latest year)Rs -2,586 Cr
Financing cash flow (latest year)Rs 2,777 Cr
Net change in cash (latest year)Rs 285 Cr
Free cash flow (latest year)Rs 846 Cr
FCFE (approx.: FCF + change in debt)Rs 1,747 Cr
Cash from ops / profit, 5 years5.31x
Sales to cash flow39.98x
Statement figures
Net sales (TTM)Rs 8,026 Cr
Net sales (latest year)Rs 3,788 Cr
Sales (latest quarter)Rs 2,308 Cr
Operating profit excl. other income (latest year)Rs 264 Cr
Operating profit (latest quarter)Rs 462 Cr
Other income (TTM)Rs 322 Cr
EBITDA (TTM)Rs 1,825 Cr
PBDT (TTM)Rs 1,643 Cr
Profit before tax (TTM)Rs 667 Cr
Tax (latest year)Rs -37 Cr
Net profit (TTM)Rs 512 Cr
Net profit (latest year)Rs -64 Cr
Net profit (latest quarter)Rs 131 Cr
Depreciation (TTM)Rs 976 Cr
Depreciation (latest quarter)Rs 270 Cr
Interest (TTM)Rs 182 Cr
Cost of goods sold (latest year)Rs 1,423 Cr
Total expenditure (latest year)Rs 3,524 Cr
Total income (latest year)Rs 3,928 Cr
Share capitalRs 15 Cr
ReservesRs 5,441 Cr
Shareholders' fundsRs 5,457 Cr
Total assetsRs 9,462 Cr
Net blockRs 5,067 Cr
Capital work in progressRs 134 Cr
InvestmentsRs 787 Cr
ReceivablesRs 281 Cr
InventoryRs 611 Cr
Other liabilitiesRs 3,071 Cr
Shares outstanding (crore)173.93
Ownership
Promoter holding17.53%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodLENSKARTNifty 50Difference
1 week-2.0%+0.4% -2.4 pts
1 month-2.6%-4.7% +2.1 pts
3 months+24.6%-7.0% +31.6 pts
6 months+34.0%-6.2% +40.2 pts
188 mutual fund schemes hold about ₹17,694 Cr. Over three months 77 bought more and 43 sold (share counts, price move removed).
Promoter group 17.53%Foreign investors 12.76%Domestic institutions 23.56%Retail & others 45.73%Other 0.42% Jun 2026holding %
HolderNowvs last qtrvs 1 yr
Promoter group17.53% -0.02
Foreign investors12.76% +8.50
Domestic institutions23.56% +8.08
Retail & others45.73% -16.57
Other0.42% +0.00
Shareholders135,967
Changes in percentage points. Quarter Jun 2026.
FundWeightEst. Cr3m shares
SBI Aggressive Hybrid Fund1.72%1,524 -0%
SBI Focused Fund2.29%1,175 -5%
Motilal Oswal Midcap Fund2.25%967 +100%
HSBC Midcap Fund4.80%826 +0%
HDFC Flexi Cap Fund0.70%800 +18%
Axis Midcap Fund2.03%700 +172%
Kotak Mid Cap Fund0.95%676 -35%
ICICI Pru Flexi Cap Fund2.22%574 +24%
Aditya Birla SL Flexi Cap Fund1.77%513 -6%
SBI Multicap Fund2.03%497 +100%
Mirae Asset Large & Midcap Fund1.03%474 -32%
Canara Rob Large and Mid Cap Fund1.57%413 +21%
Kotak Flexi Cap Fund0.70%397 +32%
Kotak Flexi Cap Fund0.70%396 +32%
Aditya Birla SL Large Cap Fund1.27%378 -3%
Mirae Asset ELSS Tax Saver Fund1.27%334 -33%
Sundaram Large and Mid Cap Fund4.27%308 +100%
HSBC Large & Mid Cap Fund4.68%278 +13%
ICICI Pru Balanced Advantage Fund(M0.30%230 +23%
Motilal Oswal Multi Cap Fund4.09%191 +100%
Franklin India Mid Cap Fund1.43%187 +52%
Canara Rob Flexi Cap Fund1.36%186 +2%
ICICI Pru Large & Mid Cap Fund0.54%182 +31%
Mirae Asset Midcap Fund0.85%177 -55%
UTI Mid Cap Fund1.29%166 +100%

Red flags

F-score 5 of 8
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-21Platinum Jasmine A 2018 Trust (actAcquirersell35,000,000SAST Others
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹2,714 Cr +43.3% vs Jun 2025. Net profit ₹228 Cr +273.8%.
Against our estimate for Jun 2026: sales +1.0%, profit +58.9% beat. Our estimate for Sep 2026: sales Rs 3,028 Cr, profit Rs 210 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Lenskart Solutions Ltd?

Lenskart Solutions Ltd (LENSKART) has a market capitalisation of Rs 1,20,212 Cr. at the 2026-10-09 close.

What is the P/E ratio of Lenskart Solutions Ltd?

Lenskart Solutions Ltd trades at a P/E of 183 on trailing twelve-month profit, at the 2026-10-09 close.

What were Lenskart Solutions Ltd's latest quarterly results?

In the Jun 2026 quarter, Lenskart Solutions Ltd sales was Rs 2,714 Cr (+43.3% vs Jun 2025) and net profit was Rs 228 Cr.

What is the 52-week high and low of Lenskart Solutions Ltd?

The 52-week high is Rs 725.00 and the 52-week low is Rs 356.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-09