Lenskart Posts Strong Q1 FY27 Results: Revenue Jumps 33.6% as EBITDA Reaches 13.3%

Lenskart Posts Strong Q1 FY27 Results: Revenue Jumps 33.6% as EBITDA Reaches 13.3%​

Lenskart Solutions Limited reported robust first-quarter results for the fiscal year 2027, driven by significant growth across its domestic and international segments. The company recorded a consolidated revenue increase of 33.6% year-on-year (YoY), while operating efficiency improved, reflected in an EBITDA margin expansion to 13.3%.

The company reported total consolidated revenue of ₹ 2,714 Cr for Q1 FY27. Profitability metrics saw substantial gains: Earnings Before Interest and Taxes (EBIT) grew by 95.0% YoY, reaching ₹ 361 Cr. Profit After Tax (PAT) stood at ₹ 228 Cr, marking a nearly doubling of earnings compared to the same quarter in FY26.

Operational Performance Highlights​

Lenskart’s domestic market continued its expansion trajectory. India segment revenue grew by 30.7% YoY to reach ₹ 1,531 Cr. The company noted that product margin in the Indian segment reached 64.2%, driven by a shift toward premium products and increased reliance on in-house manufacturing for frames and lenses.

Operational metrics also demonstrated strong growth. Lenskart recorded 0.7 Cr eye tests in Q1 FY27, representing a 39.8% YoY increase. The company added 116 net new stores in India during the quarter, bringing the total active store count to 3,459.

The international segment delivered a strong performance, with revenue growing by 38.0% YoY to ₹ 1,203 Cr. The International EBITDA (pre-IndAS 116) margin reached 10.6%, significantly up from the 4.5% in Q1 FY26, with EBITDA increasing by 227.2% YoY to ₹ 127 Cr.

Segment and Financial Overview​

The company’s performance is underpinned by structural changes in its operations, including increased investment in self-reliance through manufacturing and a focus on premiumization across both markets.

Key financial data for the first quarter of FY27 are summarized below:


Detailed segment results provide insight into the differentiated performance:

Efficiency and Scale Indicators​

The company highlighted a significant improvement in operational efficiency, reporting that the Return on Capital Employed (ROCE) improved to 23.2% in Q1 FY27, up from 14.6% reported for FY26.

Further demonstrating its commitment to market building, Lenskart expanded its infrastructure and focused on technological integration. The company also announced that early access sign-ups for B by Lenskart smart glasses crossed 80,000, with the product being priced at ₹ 22,000.

Regarding the Indian market opportunity, management noted a sustained focus on density and penetration in Tier 2+ cities. The company identified approximately 6,100 unserved pin codes within its targeted areas, indicating significant scope for future expansion.

LENSKART Stock Price Movement​

Shares of Lenskart Solutions Limited slipped by 0.71% on Wednesday, settling at ₹586.45 as the market closed. The decline followed a volatile session where the stock had earlier hit its 52-week high before trading settled amidst a volume of 5.03 million shares.