Lenskart Solutions Ltd.

661.41.01%

2026-08-21

lenskart.comBSE: 544600NSE: LENSKART
Market Cap₹ 1,11,194 Cr.
Current Price₹ 655
High / Low₹ 645 / 356
Stock P/E169.7
Book Value₹ 51
Price to Book9.98
Dividend Yield0.00 %
ROCE12.6 %
ROE6.9 %
Face Value₹ 2

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ABOUT

KEY POINTS

Revenue Breakup Mar 2022 • Sale of Goods: 94.3% • Membership Fee: 3.1% • Trademark Licence Fee: 2.0% • Customer Support Fees: 0.3% • Home Eye Check-Up Income: 0.1% • Others: 0.1% • Service Fee: 0.1% • Software Licence Fee: 0.0% • Sale of Scrap: 0.0%

PROS

  • Company has delivered good profit growth of 76.9% CAGR over last 5 years
  • Company is almost debt free
  • Latest quarter profit grew 273.4% YoY, showing strong momentum
  • Company has delivered good sales growth of 57.6% CAGR over last 5 years
  • Operating margins have improved to 21.1% from 10.7%
  • Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.30x)

CONS

  • Promoter holding has decreased over last 2 years: -8.9pp
  • Company has a low return on equity of 4.0% over last 3 years
  • Company has a low return on capital employed of 8.3%
  • A large part of profit comes from other income (25.6% of PBT)
  • Equity base is being diluted - shares outstanding up 2171.9%
  • Working capital days have increased from 97 to 131 days

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.LENSKART639.30169.67111193.840.002284.303634.3527141.801332.6912.5521.70
2.POLYMED1771.6056.9917957.200.2085.27-8.39525.3830.3014.0524.11
3.MOLBIO1040.3571.9711988.990.0019.79
4.LAXMIDENTL195.6534.851076.500.0010.3223.8374.7016.1324.9620.26
5.3BBLACKBIO1145.5517.71983.190.448.98-28.9933.4950.5926.0325.45
6.GKB63.959.9432.230.001.85387.9933.042.268.827.97
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2024
1,736
1,449
Operating Profit
OPM %
Other Income
70
Interest
26
Depreciation
196
134
Tax %
35.49%
Net Profit
0
1
Equity Capital
15
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
15
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
1,669
1,457
Operating Profit
OPM %
Other Income
32
Interest
34
Depreciation
199
11
Tax %
58.25%
Net Profit
0
0
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
1,728
1,435
Operating Profit
OPM %
Other Income
212
Interest
48
Depreciation
215
242
Tax %
8.54%
Net Profit
0
1
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
1,894
1,837
Operating Profit
OPM %
Other Income
52
Interest
41
Depreciation
237
100
Tax %
38.66%
Net Profit
61
0
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
2,096
1,682
Operating Profit
OPM %
Other Income
33
Interest
45
Depreciation
253
149
Tax %
29.88%
Net Profit
103
0
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
154
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
2,308
1,844
Operating Profit
OPM %
Other Income
40
Interest
49
Depreciation
270
180
Tax %
25.38%
Net Profit
133
1
Equity Capital
347
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
347
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
2,516
1,977
Operating Profit
OPM %
Other Income
49
Interest
44
Depreciation
288
256
Tax %
19.73%
Net Profit
204
1
Equity Capital
347
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
347
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
2,714
2,484
Operating Profit
OPM %
Other Income
68
Interest
53
Depreciation
305
300
Tax %
23.76%
Net Profit
228
0
Equity Capital
348
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
348
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
158
438
Operating Profit
-258
OPM %
-163
Other Income
22
Interest
0
Depreciation
6
-264
Tax %
0
Net Profit
-264
EPS
-136
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-14
Minority Interest
0
Share of Associates
0
Adjusted EPS
-14
Mar 2018
292
418
Operating Profit
-110
OPM %
-38
Other Income
16
Interest
0
Depreciation
8
-118
Tax %
0
Net Profit
-118
EPS
-17
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-2
Minority Interest
0
Share of Associates
0
Adjusted EPS
-2
Mar 2019
474
503
Operating Profit
-17
OPM %
-4
Other Income
11
Interest
0
Depreciation
14
-32
Tax %
0
Net Profit
-32
EPS
-5
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Minority Interest
0
Share of Associates
0
Adjusted EPS
-0
Mar 2020
900
933
Operating Profit
37
OPM %
4
Other Income
69
Interest
4
Depreciation
27
6
Tax %
0
Net Profit
6
EPS
1
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2021
905
952
Operating Profit
80
OPM %
9
Other Income
127
Interest
7
Depreciation
39
29
Tax %
0
Net Profit
29
EPS
2
Dividend Payout %
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Minority Interest
0
Share of Associates
0
Adjusted EPS
0
Mar 2022
1,503
1,617
Operating Profit
1
OPM %
0
Other Income
116
Interest
23
Depreciation
85
-108
Tax %
0
Net Profit
-108
EPS
-7
Dividend Payout %
0
Minority Interest
0
Share of Associates
6
Adjusted EPS
-1
Minority Interest
0
Share of Associates
6
Adjusted EPS
-1
Mar 2023
3,788
3,524
Operating Profit
404
OPM %
11
Other Income
140
Interest
83
Depreciation
418
-101
Tax %
37
Net Profit
-64
EPS
-0
Dividend Payout %
0
Minority Interest
-4
Share of Associates
0
Adjusted EPS
-1
Minority Interest
-4
Share of Associates
0
Adjusted EPS
-1
Mar 2024
5,428
4,754
Operating Profit
856
OPM %
16
Other Income
182
Interest
124
Depreciation
672
59
Tax %
117
Net Profit
-10
EPS
-2
Dividend Payout %
0
Minority Interest
-7
Share of Associates
0
Adjusted EPS
-0
Minority Interest
-7
Share of Associates
0
Adjusted EPS
-0
Mar 2025
6,653
5,611
Operating Profit
1,398
OPM %
21
Other Income
357
Interest
212
Depreciation
797
385
Tax %
23
Net Profit
297
EPS
4
Dividend Payout %
0
Minority Interest
-2
Share of Associates
0
Adjusted EPS
4
Minority Interest
-2
Share of Associates
0
Adjusted EPS
4
Mar 2026
8,814
6,953
Operating Profit
2,035
OPM %
23
Other Income
174
Interest
286
Depreciation
1,048
680
Tax %
26
Net Profit
501
EPS
3
Dividend Payout %
0
Minority Interest
-7
Share of Associates
0
Adjusted EPS
3
Minority Interest
-7
Share of Associates
0
Adjusted EPS
3
TTM
34,061
30,338
Operating Profit
OPM %
Other Income
807
Interest
669
Depreciation
3,858
3,582
Tax %
24
Net Profit
2,729
EPS
Dividend Payout %
Minority Interest
63
Share of Associates
-0
Adjusted EPS
Minority Interest
63
Share of Associates
-0
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
57%
5 Years:
58%
3 Years:
33%

COMPOUNDED PROFIT GROWTH

10 Years:
5 Years:
76%
3 Years:

STOCK PRICE CAGR

10 Years:
5 Years:
3 Years:
1 Year:

RETURN ON EQUITY

10 Years:
0%
5 Years:
1%
3 Years:
4%
Last Year:
7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

No bonus data found

Mar 2017
4
-981
0
Trade Payables
26
1,416
Total Liabilities
464
37
Capital Work in Progress
9
290
3
0
Cash & Bank
22
104
Total Assets
464
Total Debt
1,396
Net Working Capital
368
Contingent Liabilities
3
Book Value per Share
-504.49
Face Value
2.00
Total Debt
1,396
Net Working Capital
368
Contingent Liabilities
3
Book Value per Share
-504.49
Face Value
2.00
Mar 2018
14
341
0
Trade Payables
39
26
Total Liabilities
419
82
Capital Work in Progress
3
117
6
0
Cash & Bank
23
189
Total Assets
419
Total Debt
0
Net Working Capital
258
Contingent Liabilities
3
Book Value per Share
52.26
Face Value
2.00
Total Debt
0
Net Working Capital
258
Contingent Liabilities
3
Book Value per Share
52.26
Face Value
2.00
Mar 2019
20
302
0
Trade Payables
68
53
Total Liabilities
444
88
Capital Work in Progress
1
17
87
0
Cash & Bank
74
178
Total Assets
444
Total Debt
0
Net Working Capital
208
Contingent Liabilities
3
Book Value per Share
31.54
Face Value
2.00
Total Debt
0
Net Working Capital
208
Contingent Liabilities
3
Book Value per Share
31.54
Face Value
2.00
Mar 2020
15
2,328
0
Trade Payables
91
148
Total Liabilities
2,583
155
Capital Work in Progress
1
1,353
106
0
Cash & Bank
126
842
Total Assets
2,583
Total Debt
0
Net Working Capital
1,882
Contingent Liabilities
3
Book Value per Share
307.63
Face Value
2.00
Total Debt
0
Net Working Capital
1,882
Contingent Liabilities
3
Book Value per Share
307.63
Face Value
2.00
Mar 2021
15
2,358
16
Trade Payables
127
285
Total Liabilities
2,802
232
Capital Work in Progress
5
841
217
0
Cash & Bank
280
1,226
Total Assets
2,802
Total Debt
16
Net Working Capital
1,982
Contingent Liabilities
3
Book Value per Share
310.80
Face Value
2.00
Total Debt
16
Net Working Capital
1,982
Contingent Liabilities
3
Book Value per Share
310.80
Face Value
2.00
Mar 2022
15
2,910
19
Trade Payables
179
577
Total Liabilities
3,700
257
Capital Work in Progress
130
1,048
232
0
Cash & Bank
89
1,943
Total Assets
3,700
Total Debt
19
Net Working Capital
1,586
Contingent Liabilities
19
Book Value per Share
382.80
Face Value
2.00
Total Debt
19
Net Working Capital
1,586
Contingent Liabilities
19
Book Value per Share
382.80
Face Value
2.00
Mar 2023
15
5,430
101
Trade Payables
577
3,339
Total Liabilities
9,462
4,388
Capital Work in Progress
134
788
611
0
Cash & Bank
987
2,554
Total Assets
9,462
Total Debt
917
Net Working Capital
2,325
Contingent Liabilities
19
Book Value per Share
712.40
Face Value
2.00
Total Debt
917
Net Working Capital
2,325
Contingent Liabilities
19
Book Value per Share
712.40
Face Value
2.00
Mar 2024
15
5,452
82
Trade Payables
516
3,421
Total Liabilities
9,487
4,535
Capital Work in Progress
71
1,003
688
341
Cash & Bank
805
2,043
Total Assets
9,487
Total Debt
497
Net Working Capital
1,927
Contingent Liabilities
45
Book Value per Share
709.25
Face Value
2.00
Total Debt
497
Net Working Capital
1,927
Contingent Liabilities
45
Book Value per Share
709.25
Face Value
2.00
Mar 2025
154
5,755
54
Trade Payables
740
3,685
Total Liabilities
10,390
6,231
Capital Work in Progress
107
1,038
1,081
126
Cash & Bank
865
941
Total Assets
10,390
Total Debt
345
Net Working Capital
1,761
Contingent Liabilities
46
Book Value per Share
76.58
Face Value
2.00
Total Debt
345
Net Working Capital
1,761
Contingent Liabilities
46
Book Value per Share
76.58
Face Value
2.00
Mar 2026
347
8,365
18
Trade Payables
952
4,563
Total Liabilities
14,245
7,740
Capital Work in Progress
112
571
1,037
175
Cash & Bank
1,544
3,067
Total Assets
14,245
Total Debt
219
Net Working Capital
3,163
Contingent Liabilities
91
Book Value per Share
50.17
Face Value
2.00
Total Debt
219
Net Working Capital
3,163
Contingent Liabilities
91
Book Value per Share
50.17
Face Value
2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
-161
Cash from Investing
-262
Cash from Financing
424
0
Free Cash Flow
-172
OCF / Net Profit
0.61
Cumulative 5-Year FCF
0
OCF / Net Profit
0.61
Cumulative 5-Year FCF
0
Mar 2018
-144
Cash from Investing
147
Cash from Financing
-1
2
Free Cash Flow
-191
OCF / Net Profit
1.22
Cumulative 5-Year FCF
0
OCF / Net Profit
1.22
Cumulative 5-Year FCF
0
Mar 2019
-32
Cash from Investing
38
Cash from Financing
-0
6
Free Cash Flow
-48
OCF / Net Profit
1.00
Cumulative 5-Year FCF
0
OCF / Net Profit
1.00
Cumulative 5-Year FCF
0
Mar 2020
-89
Cash from Investing
-1,915
Cash from Financing
2,019
16
Free Cash Flow
-186
OCF / Net Profit
-14.07
Cumulative 5-Year FCF
0
OCF / Net Profit
-14.07
Cumulative 5-Year FCF
0
Mar 2021
-117
Cash from Investing
114
Cash from Financing
-16
-18
Free Cash Flow
-237
OCF / Net Profit
-4.04
Cumulative 5-Year FCF
-835
OCF / Net Profit
-4.04
Cumulative 5-Year FCF
-835
Mar 2022
-183
Cash from Investing
-421
Cash from Financing
604
0
Free Cash Flow
-368
OCF / Net Profit
1.70
Cumulative 5-Year FCF
-1,031
OCF / Net Profit
1.70
Cumulative 5-Year FCF
-1,031
Mar 2023
95
Cash from Investing
-2,976
Cash from Financing
2,777
-105
Free Cash Flow
-4,408
OCF / Net Profit
-1.49
Cumulative 5-Year FCF
-5,248
OCF / Net Profit
-1.49
Cumulative 5-Year FCF
-5,248
Mar 2024
487
Cash from Investing
159
Cash from Financing
-722
-76
Free Cash Flow
220
OCF / Net Profit
-48.00
Cumulative 5-Year FCF
-4,979
OCF / Net Profit
-48.00
Cumulative 5-Year FCF
-4,979
Mar 2025
1,231
Cash from Investing
-266
Cash from Financing
-535
430
Free Cash Flow
-1,333
OCF / Net Profit
4.14
Cumulative 5-Year FCF
-6,127
OCF / Net Profit
4.14
Cumulative 5-Year FCF
-6,127
Mar 2026
1,670
Cash from Investing
-2,725
Cash from Financing
1,201
145
Free Cash Flow
-359
OCF / Net Profit
3.33
Cumulative 5-Year FCF
-6,248
OCF / Net Profit
3.33
Cumulative 5-Year FCF
-6,248

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
EPS (₹)
-136.22
Book Value (₹)
-504.49
Dividend per Share (₹)
0.00
Cash EPS (₹)
-13.31
Operating Margin %
-162.17%
Net Margin %
-166.10%
ROE %
0.00%
ROCE %
-99.74%
-86.27%
Debtor Days
149
Inventory Days
4
Payable Days
75
79
Debt to Equity (x)
-1.43x
Interest Coverage (x)
-1161.70x
11.02x
Revenue Growth %
67.25%
Operating Profit Growth %
-133.49%
Net Profit Growth %
-131.01%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2018
EPS (₹)
-17.42
Book Value (₹)
52.26
Dividend per Share (₹)
0.00
Cash EPS (₹)
-1.62
Operating Margin %
-37.58%
Net Margin %
-40.40%
ROE %
0.00%
ROCE %
-30.43%
-26.72%
Debtor Days
146
Inventory Days
5
Payable Days
60
91
Debt to Equity (x)
0.00x
Interest Coverage (x)
-760.92x
5.74x
Revenue Growth %
84.44%
Operating Profit Growth %
57.37%
Net Profit Growth %
55.25%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
-3.09
Book Value (₹)
31.54
Dividend per Share (₹)
0.00
Cash EPS (₹)
-0.17
Operating Margin %
-3.69%
Net Margin %
-6.66%
ROE %
-9.33%
ROCE %
-9.26%
-7.31%
Debtor Days
108
Inventory Days
36
Payable Days
81
63
Debt to Equity (x)
0.00x
Interest Coverage (x)
-670.87x
2.89x
Revenue Growth %
62.37%
Operating Profit Growth %
84.08%
Net Profit Growth %
73.26%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
0.83
Book Value (₹)
307.63
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.43
Operating Margin %
4.11%
Net Margin %
0.70%
ROE %
0.47%
ROCE %
0.77%
0.42%
Debtor Days
62
Inventory Days
39
Payable Days
82
19
Debt to Equity (x)
0.00x
Interest Coverage (x)
2.56x
12.10x
Revenue Growth %
89.79%
Operating Profit Growth %
311.60%
Net Profit Growth %
120.02%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
3.79
Book Value (₹)
310.80
Dividend per Share (₹)
0.00
Cash EPS (₹)
0.89
Operating Margin %
8.83%
Net Margin %
3.19%
ROE %
1.23%
ROCE %
1.52%
1.07%
Debtor Days
43
Inventory Days
65
Payable Days
121
-13
Debt to Equity (x)
0.01x
Interest Coverage (x)
4.89x
8.89x
Revenue Growth %
0.57%
Operating Profit Growth %
116.11%
Net Profit Growth %
357.57%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
-13.39
Book Value (₹)
382.80
Dividend per Share (₹)
0.00
Cash EPS (₹)
-0.29
Operating Margin %
0.07%
Net Margin %
-7.17%
ROE %
-4.07%
ROCE %
-3.14%
-3.32%
Debtor Days
14
Inventory Days
55
Payable Days
93
-24
Debt to Equity (x)
0.01x
Interest Coverage (x)
-3.60x
5.33x
Revenue Growth %
65.99%
Operating Profit Growth %
-98.74%
Net Profit Growth %
-472.77%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
-8.90
Book Value (₹)
712.40
Dividend per Share (₹)
0.00
Cash EPS (₹)
4.63
Operating Margin %
10.66%
Net Margin %
-1.68%
ROE %
-1.52%
ROCE %
-0.38%
-0.97%
Debtor Days
18
Inventory Days
41
Payable Days
106
-48
Debt to Equity (x)
0.17x
Interest Coverage (x)
-0.21x
2.46x
Revenue Growth %
152.08%
Operating Profit Growth %
0.00%
Net Profit Growth %
40.87%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
-2.27
Book Value (₹)
709.25
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.59
Operating Margin %
12.41%
Net Margin %
-0.19%
ROE %
-0.19%
ROCE %
2.91%
-0.11%
Debtor Days
21
Inventory Days
44
Payable Days
119
-54
Debt to Equity (x)
0.09x
Interest Coverage (x)
1.48x
2.28x
Revenue Growth %
43.29%
Operating Profit Growth %
112.03%
Net Profit Growth %
84.07%
74.54%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
-0.15x
Mar 2025
EPS (₹)
3.83
Book Value (₹)
76.58
Dividend per Share (₹)
0.00
Cash EPS (₹)
14.18
Operating Margin %
15.65%
Net Margin %
4.47%
ROE %
5.23%
ROCE %
9.48%
2.99%
Debtor Days
13
Inventory Days
49
Payable Days
114
-53
Debt to Equity (x)
0.06x
Interest Coverage (x)
2.82x
1.94x
Revenue Growth %
22.57%
Operating Profit Growth %
63.32%
Net Profit Growth %
3028.30%
269.11%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
-0.14x
Mar 2026
EPS (₹)
2.84
Book Value (₹)
50.17
Dividend per Share (₹)
0.00
Cash EPS (₹)
8.92
Operating Margin %
21.11%
Net Margin %
5.68%
ROE %
6.85%
ROCE %
12.55%
4.07%
Debtor Days
6
Inventory Days
44
Payable Days
122
-72
Debt to Equity (x)
0.03x
Interest Coverage (x)
3.38x
2.26x
Revenue Growth %
32.49%
Operating Profit Growth %
45.56%
Net Profit Growth %
68.48%
-25.79%
P/E (x)
176.10x
P/B (x)
9.98x
Dividend Yield %
0.00%
42.06x

Shareholding Pattern

Numbers in percentages

TRADES
Sep 2019
26.45
0.00
8.94
Government
0.00
8.23
Mar 2020
23.55
0.00
0.00
Government
0.00
25.19
Mar 2021
23.47
0.00
0.00
Government
0.00
25.18
Mar 2022
23.05
0.00
0.00
Government
0.00
76.95
Mar 2023
22.20
0.00
0.00
Government
0.00
77.81
Nov 2025
17.57
59.04
15.13
Government
0.00
8.26
Dec 2025
17.57
3.86
15.85
Government
0.00
62.72
Mar 2026
17.55
4.26
15.48
Government
0.00
62.71
Jun 2026
17.53
12.76
23.56
Government
0.00
46.14

Documents

Announcements

  • General Updates

    2026-08-20 - Lenskart Solutions Limited has informed the Exchange about General Updates

  • Shareholders meeting

    2026-08-20 - Lenskart Solutions Limited has submitted the Exchange a copy Srutinizers report of 18th Annual General Meeting held on August 19, 2026. Further, the Company has informed the Exchange regarding voting results.

Annual Reports

Nothing filed yet.

Credit Ratings

Nothing filed yet.

Concalls