Lenskart Solutions Reports Strong Growth in Q4 FY26, Highlights ₹ 5,300 Mn Adjusted PAT for FY26

Lenskart Solutions Reports Strong Growth in Q4 FY26, Highlights ₹ 5,300 Mn Adjusted PAT for FY26​

Lenskart Solutions Limited announced its financial results for the fourth quarter (Q4) and full fiscal year (FY26). The company reported significant year-over-year growth, with adjusted Profit After Tax (PAT) reaching ₹ 5,300 Mn for FY26.

During the period, the company saw sustained expansion, fueled by both India and International segments. The firm also noted structural achievements, including the launch of its AI-powered smart glasses and a major expansion in store network across Tier 2+ markets.

Financial Performance Highlights​

The financial results for FY26 reflect robust performance across key metrics. The company successfully crossed milestones of ₹ 1,700 crore of EBITDA and ₹ 500 crore of PAT during the year.

Financial figures highlight the growth trajectory:


The company also generated ₹ 8,867 million in reported operating cash flow for FY26.

Key Operational Growth Drivers​

Operational performance in Q4 FY26 was marked by volume and customer acquisition milestones.

• Eye Tests: In Q4 FY26, the company conducted 6.8 million eye tests, representing a 45.0% increase year-over-year (YoY). For the full year, 23.8 million eye tests were conducted, an increase of 48.5% YoY.
• Volume: Overall volume growth stood at 24.7% for the full year.
• Stores: The network saw significant expansion with 603 net new stores added across the year. Specifically, 542 net new stores were added in India in FY26, nearly doubling the additions seen in FY25. This expansion led to the entry into 157 new cities and a total city footprint of 556.

India and International Segment Performance​

India Segment:
The India segment reported strong localized performance. In Q4 FY26, revenue grew 44.1% YoY to ₹ 14,750 Mn. The Same-Pincode Sales Growth (SPSG) reached 31.1% in Q4, running 690 basis points above Same-Stores Sales Growth (SSSG) of 24.2%, suggesting that the dense store network is successfully expanding the total market size.

International Segment:
The International segment also performed strongly, with revenue growing 35.4% YoY in Q4 FY26, reaching ₹ 10,540 Mn. For the full year, International revenue grew 30.2% YoY. The growth was noted to be largely same-store-driven, with the EBITDA (pre-IndAS 116) margin expanding to 7.0% for the full year.

Product and Market Development​

The company continues to deepen its product offerings and market penetration.

Smart Eyewear and Premiumization:
Lenskart launched B by Lenskart, an AI-powered, prescription-lens capable smart glasses for everyday use. The product generated immediate interest, with over 30,000 customers joining the waitlist. Furthermore, the trend toward premium products is accelerating, with orders valued above ₹ 10,000 growing to 20.5% of the total revenue in India during FY26.

Ecosystem Building:
The expansion of the network into Tier 2+ markets was a key structural driver. The company reported that 254 of the 542 net additions in India were in Tier 2+ markets, entering a new wave of underserved markets.

Strategy and Future Focus​

Looking ahead, Lenskart emphasizes its transformation from a consumer-tech company into a consumer-AI company.

The core strategic priorities for the coming fiscal year include:

1. AI-First Operating Model: Elevating the core status of the company as an engineering and data company.
2. Scaling Customer Acquisition: Aiming for ambitious goals of 100 million eye tests, utilizing advancements in remote and self optometry to reach a wider customer base.
3. Integrated System Development: Using AI to close feedback loops across the entire value chain, from raw material to final delivery.
4. Store Evolution: Transforming stores into multi-role community hubs, serving as local centers for eye tests, service, and pick-up.
5. Global Branding: Focusing on building a definitive global consumer platform for eyewear through strategic collaborations and acquisitions, such as Meller.

LENSKART Stock Price Movement​

Shares of Lenskart Solutions Limited today slipped by 1.77% to settle at ₹486.85. The stock saw high trading interest on 10.83 million shares, ultimately closing below the day's range, which stretched between ₹480.5 and ₹494.