Lenskart FY26 PAT rises to ₹530 crores, revenue crosses ₹9,000 crores

Lenskart Solutions reported a 41% year-on-year increase in revenue to ₹2,516 crores for the quarter ended March 31, 2026, driven by volume growth in both India and international markets. The company delivered a profit after tax (PAT) of ₹204 crores for the quarter, marking consistent growth over the preceding four quarters. EBITDA grew 61% year-on-year, with margins expanding by 2.7 percentage points to reach 21.3%.

For the full fiscal year FY26, the company achieved three key milestones: ₹1,700 crores of EBITDA, ₹1,000 crores of pre-Ind AS EBITDA, and ₹530 crores of PAT. Revenue for FY26 crossed ₹9,000 crores, growing at a CAGR of 28% over the last three years. The India business recorded a revenue of ₹1,475 crores in Q4FY26, a 44% growth year-on-year, while the international business grew 35.4% to ₹1,054 crores. The company generated operating cash flows of ₹887 crores in FY26, representing 91% of reported EBITDA (pre-IndAS 116).

Operational Performance

Operational metrics showed significant expansion during the quarter. The company conducted 6.8 million eye tests globally, a 45% increase year-on-year, with approximately half of the eye tests in India being first-time exams. Eyewear units grew 25% year-on-year in both Q4 and the full year. Lenskart added 183 net new stores globally in Q4, taking the total store count to 3,327.

In India, Same Store Sales Growth (SSSG) reached 24%, while Same Pincode Sales Growth stood at 31%. The Net Promoter Score (NPS) in India reached an all-time high of 81.4. International growth was largely same-store led at 35%, with strong performance across Japan, Southeast Asia, and the Middle East.

Financial Metrics

Metric	Q4 FY26	YoY Growth
Revenue	₹2,516 crores	41%
EBITDA Margin	21.3%	2.7 ppts expansion
PAT	₹204 crores	Consistent rise
India Revenue	₹1,475 crores	44%
International Revenue	₹1,054 crores	35.4%

The company noted that product margins in India were held steady at 64%, as rupee depreciation absorbed the benefits of vertical integration and premiumization. The India EBITDA pre-Ind AS 116 margin reached 15.3% in Q4, a 6 percentage point expansion over the previous year. International EBITDA (pre-Ind AS 116) margin reached 9.2% in Q4, with the full-year margin improving to 7% from 3.6% in FY25.

Strategic Outlook

Management outlined seven priorities for FY27, including transitioning to an AI-first operating model and scaling to 100 million customers. The company plans to step up investments in R&D for automating eye testing and accelerating customer acquisition. Net new store additions for FY27 are expected to remain around FY26 levels. The long-term steady-state EBITDA pre-Ind AS margin expectation remains approximately 25%.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.55%	+7.60%	-0.10%	+28.49%	+29.96%	+29.96%

Lenskart Solutions reported its audited financial results for the financial year ended March 31, 2026. The company delivered a robust operational performance, with consolidated revenue from operations for the year reaching ₹90,023 million, a 32.3% increase from the previous year. For the quarter ended March 31, 2026, revenue stood at ₹25,157 million, up 40.6% year-on-year. The company's adjusted profit after tax (PAT) for FY26 grew 147.7% to ₹5,300 million, while EBITDA increased 55.3% to ₹17,895 million.

Financial Performance at a Glance

The following table summarizes Lenskart Solutions' key financial metrics for the year and quarter ended March 31, 2026, on a year-on-year basis:

Metric:	FY 2026 (Current)	FY 2025 (YoY)	Q4 2026 (Current)	Q4 2025 (YoY)
Revenue from Operations:	₹90,023 million	₹68,030 million	₹25,157 million	₹17,899 million
Adjusted Net Profit:	₹5,300 million	₹2,140 million	₹2,036 million	₹770 million
EBITDA:	₹17,895 million	₹11,525 million	₹5,362 million	₹3,327 million
EBITDA Margin:	19.9%	16.9%	21.3%	18.6%

Operational Highlights and Corporate Actions

The Board of Directors approved the audited standalone and consolidated financial results for the period. The company reported significant growth in operational metrics, conducting 23.8 million eye tests in FY26, up 48.5% year-on-year, and selling 35.3 million eyewear units, a 24.7% increase. Net new stores added during the year totaled 603, taking the total active store count to 3,327.

The Board granted in-principle approval for the merger of wholly owned subsidiaries, Dealskart Online Services Private Limited and Lenskart Eyetech Private Limited, with Lenskart Solutions Limited. This proposed amalgamation aims to streamline the group structure and reduce administrative costs, subject to necessary statutory and regulatory approvals. Additionally, the company allotted 23,04,600 equity shares upon the exercise of vested options under the Lenskart Employees Stock Option Plan, 2021.

Regulatory Disclosures

Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited financial results for the quarter and financial year ended March 31, 2026 in the Financial Express (English) and Jansatta (Hindi) editions on May 21, 2026. The complete financial results are available on the company's website.

Earnings Call Recording

Lenskart Solutions Limited conducted an earnings call on May 20, 2026, to discuss the financial results for the quarter and financial year ended March 31, 2026. The audio recording of the call is available on the company's website.