# Lenskart Solutions share price today (Lenskart Solutions Ltd, NSE: LENSKART) > Lenskart Solutions share price today: ₹671.05 at the NSE close on 3 November 2026, up 64.1% in a year. Lenskart Solutions (NSE: LENSKART) is worth ₹1,16,751 crore, trades at a P/E of 177.2 and has closed between ₹404.30 and ₹707.20 over the past 52 weeks. > Lenskart Solutions Ltd's results are improving, while its P/E is near the low end of its own history over 1 year, higher than only 19% of past readings. LENSKART · New age - Platform - E-Retail · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/lenskart-solutions-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: ₹671.05 (+64.1% in a year) - P/E: 177.2× (lower than 81% of the last 1 year) - Revenue (Jun 2026): ₹2,714 Cr (+43.3% on a year ago) - Profit (Jun 2026): ₹228 Cr (+273.8% on a year ago) - Operating margin: 22.0% (+4.0 points on a year ago) - ROCE: 8%, FY26 - ROIC: 8.8%, against a 12.0% cost of capital: −3.2 points - Profit that came in as cash: 337%, last 3 years The main question: the share price moved +64.1% in a year while yearly earnings per share moved −25.8%. The difference came from the market paying a higher multiple. ## What is the Lenskart Solutions share price today? Lenskart Solutions Ltd's share price was ₹671.05 at the close on 3 November 2026. It has been rising for 46 weeks. That is 18.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹404 and ₹707, and at that close it sat 88% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 21 weeks in a row. Over the last 1 year the share price moved +64% while the NIFTY 500 moved −8%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Lenskart Solutions this quarter? Three changes stood out: foreign funds (FIIs) raised their stake for 3 quarters in a row, best operating margin in 8 quarters and promoters cut their stake for 3 quarters in a row. 1. Foreign funds (FIIs) raised their stake for 3 quarters in a row From 3.9% to 18.3% of the company by the September 2026 quarter. 2. Best operating margin in 8 quarters Operating margin was 22% in the June 2026 quarter, against 18% a year earlier. Why: Margins rose because making more products in-house and buying in bigger volumes cut product costs. The company also sold more higher-value products. Next results: check whether the new Hyderabad plant is running and helping keep product costs down. From the earnings call on 12 Aug 2026. 3. Promoters cut their stake for 3 quarters in a row From 17.6% to 17.5% of the company by the September 2026 quarter. ## What are Lenskart Solutions' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Lenskart Solutions reported revenue of ₹2,714 crore, up 43.3% from ₹1,894 crore a year earlier, and a profit of ₹228 crore, up 273.8% from ₹61.0 crore. ### Lenskart Solutions results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹2,714 crore | ₹1,894 crore | +43.3% | | Profit | ₹228 crore | ₹61.0 crore | +273.8% | | Earnings per share | ₹1.28 | ₹0.78 | +64.1% | | Operating margin | 22.0% | 18.0% | +4.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Lenskart Solutions' management discussed these results on a call held on 12 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Lenskart Solutions share price history? Lenskart Solutions closed at ₹671.05 on 3 November 2026, up 64.1% from ₹409.05 a year earlier (14 November 2025). Its highest weekly close since November 2025 was ₹707.20 on 18 September 2026. ### Lenskart Solutions share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹626.45 | +7.1% | | 1 month ago · 1 Oct 2026 | ₹691.15 | −2.9% | | 6 months ago · 30 Apr 2026 | ₹515.95 | +30.1% | | 1 year ago · 14 Nov 2025 | ₹409.05 | +64.1% | | Earliest weekly close in our records · 14 Nov 2025 | ₹409.05 | +64.1% | | Highest weekly close since November 2025 · 18 Sep 2026 | ₹707.20 | −5.1% | | Lowest weekly close since November 2025 · 12 Dec 2025 | ₹405.95 | +65.3% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (58 weekly closes from 14 November 2025 to 3 November 2026.) ## What is the latest news on Lenskart Solutions? 3 Nov 2026: Lenskart Solutions closed at ₹671.05, up 7.1% on the week and down 2.9% on the month. 12 Aug 2026: Lenskart Solutions held its results call for April to June 2026. Management guided: India store expansion to continue while preserving same-store growth and customer experience. ### Earlier - Results for April to June 2026: Revenue up 43.3% and profit up 273.8% on a year earlier. ## What dividend does Lenskart Solutions pay? Lenskart Solutions has paid no dividend on the NSE since its first NSE close in our records (14 November 2025), the start of the period we checked. No. Lenskart Solutions Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Lenskart Solutions management say on the latest results call? On the call for April to June 2026, held on 12 August 2026, Lenskart Solutions' management guided: India store expansion to continue while preserving same-store growth and customer experience. > “You cannot train your way to a billion tested eyes; you have to engineer your way there.” > Piyush Bansal, Co-founder & CEO, on the call for April to June 2026 ### What management guided - International operating margin to improve year-on-year despite seasonal variation. - International store additions to accelerate in selected markets as technology integration and GeoIQ analytics mature, perhaps not this year. - Hyderabad plant and greater insourcing to continue improving the cost structure. - Branded-lens manufacturing to expand from India into international markets based on response. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/59223/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 12 August 2026.) ## What is the future of Lenskart Solutions? What is changing in the business? What is changing at Lenskart Solutions, from the latest results and calls: india density-led demand, operating leverage and international profitability. - India density-led demand. Existing-pin-code sales and new-market openings support the case that store additions are creating demand. ⚠ estimate - Operating leverage. Revenue growth is translating into higher operating margin in the reported financials. ⚠ estimate - International profitability. International revenue and management-reported margin improvement can widen the profit pool if supply-chain integration continues. ⚠ estimate We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the April to June 2026 results, written 22 August 2026.) ## What could change the Lenskart Solutions story? What are the risks? The thesis breaks if same-store demand and operating margin weaken while international profitability and Hyderabad commissioning fail to provide an offset. ### Each change stops working if - India density-led demand: New store additions begin reducing mature-store sales without compensating volume growth. - Operating leverage: Store productivity or product margin falls before fixed costs can be absorbed. - International profitability: International store additions accelerate before market-level profitability improves. - Manufacturing and product mix: Hyderabad commissioning slips or currency pressure outweighs integration benefits. ### The main risks - Dilution and per-share mismatch: Profit has risen faster than earnings per share in the deterministic review, requiring confirmation of the share-count change and use of proceeds. ⚠ estimate - Margin durability: The latest operating margin is near the available-history high, while the normalized framework says the history is too short for a mid-cycle conclusion. ⚠ estimate - Execution intensity in capacity and stores: Cash is being reinvested heavily in stores and manufacturing, keeping free cash flow below operating cash flow. ⚠ estimate (Our read after the April to June 2026 results, written 22 August 2026.) ## What to watch in Lenskart Solutions' next results? When Lenskart Solutions reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: India same-store and same-pin-code sales to remain resilient as density increases - check whether newer openings continue adding demand. - What to check (from the call) - India same-store and same-pin-code sales to remain resilient as density increases - check whether newer openings continue adding demand. - International margin to improve year-on-year and selected markets approach store acceleration - check profitability, technology integration, and store economics. - Hyderabad facility progress to support insourcing and currency-offsetting product-margin gains - check commissioning and cost benefits. ## Which stock lists is Lenskart Solutions on? Lenskart Solutions is on one of our India lists: Momentum stocks. [Momentum stocks Market cap cr: 115620.628133294](https://www.sectoralpha.in/momentum-stocks-india) ## Is Lenskart Solutions profitable? Lenskart Solutions Ltd earned ₹228 Cr of net profit in the Jun 2026 quarter, +273.8% on the same quarter a year earlier. Full-year FY26 profit was ₹501 Cr. Over 6 years profit has grown 109.1% a year on average. That is 8.4% of the quarter's revenue. The same quarter a year earlier earned ₹61.0 Cr. 1 of the last 9 reported quarters were loss-making. For the full year, FY26 profit was ₹501 Cr (+68.7% on the year before). Why profit moved: revenue changed +43.3% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +1,709.1% and revenue +37.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Lenskart Solutions make, and is it growing? Lenskart Solutions Ltd reported ₹2,714 Cr of revenue in the Jun 2026 quarter, +43.3% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 6 years it has grown 46.3% a year on average. The last full year, FY26, came in at ₹8,814 Cr. Why this happened. Management reported that density rose across existing pin codes while same-pin-code sales increased, and it also identified a large pool of unserved mapped pin codes. The Geographic TAM Expansion model applies if newer stores continue adding demand without a material deterioration in mature-store sales. The last four reported quarters add to ₹9,634 Cr. FY26 revenue was ₹8,814 Cr, +32.5% on the year before. Recent pace: the last four quarters grew +37.0% on average, against 46.3% a year over the longer run, so this year is growing slower than its own long-run rate. ## How much of every ₹100 of sales does Lenskart Solutions keep? Lenskart Solutions Ltd's operating margin was 22.0% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between −8.0% and 20.0%. The latest quarter is above every full year in that period. Why this happened. Operating margin increased across the latest reported sequence, while management attributes the movement to product economics, lower marketing intensity and fixed-cost absorption. This is the operating-leverage catapult, but the margin history is too short to treat the latest level as through-cycle. Why the margin moved: operating margin changed +3.9 percentage points on the year while gross margin changed +2.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Lenskart Solutions' profit turning into cash? Over the last 3 years, 337% of Lenskart Solutions Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,670 Cr of operating cash against ₹501 Cr of profit. After ₹2,562 Cr of spending on assets, free cash was −₹892 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 337% of profit came in as cash: the cash cycle got 91 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.1× depreciation over three years. The next section checks what that spending is building. ## Where does Lenskart Solutions' cash go? Lenskart Solutions Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 19 days in FY26, down from 110 days in FY21. It spent ₹5,168 Cr on assets over the last 3 years. Customers take 7 days to pay, and stock sits for 150 days on average. Why this happened. Management identifies Hyderabad spending as the largest plant-capex use and cites manufacturing integration, vendor discounts and mix management as product-margin levers. The value-chain climb applies only when the new capacity is commissioned and converts into measured cost or mix benefits. At FY26 sales of ₹8,814 Cr, each day of that cycle ties up about ₹24.1 Cr, so roughly ₹459 Cr is tied up in the business at any time. FY26: customers took 7 days to pay and stock sat for 150 days, about 4.9 months of sales sitting as stock, for a full cycle of 19 days, shorter than FY21's 110. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 150 days. Customers pay about 7 days after that. Suppliers are paid at 138 days. Together that makes the 19-day cycle. Spending on assets: ₹5,168 Cr over the last 3 years, against ₹2,517 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹112 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Lenskart Solutions' P/E ratio, and how does it compare with its own history? Lenskart Solutions Ltd's P/E is 177.2×, near the low end of its own history: it has been lower only 19% of the time. Its usual P/E (the middle reading) is 332.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹4.43. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved −25.8% while the price moved +64.1%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Lenskart Solutions business getting better or worse? Lenskart Solutions Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## What is the Lenskart Solutions story, and has it been checked? Lenskart Solutions Ltd's story is not scored yet against the checks our research set on 22 August 2026. Where it sits in its own cycle: MID EXPANSION. Still open: The thesis breaks if same-store demand and operating margin weaken while international profitability and Hyderabad commissioning fail to provide an offset. Our read, 22 August 2026. From the numbers. From the price. Price stage 2, week 46, above its 200-day line. From the research. Where they disagree. What is proven. What is not proven yet. The thesis breaks if same-store demand and operating margin weaken while international profitability and Hyderabad commissioning fail to provide an offset. What would change our mind. The thesis breaks if same-store demand and operating margin weaken while international profitability and Hyderabad commissioning fail to provide an offset. The test written in advance. The thesis breaks if same-store demand and operating margin weaken while international profitability and Hyderabad commissioning fail to provide an offset. Measured by: the thesis as written as stated by the next result. The test written in advance. The test written in advance. Dilution and per-share mismatch. Measured by: Dilution and per-share mismatch Further profit growth without a corresponding earnings-per-share recovery or a disclosed capital-use explanation. by the next result. What the company does. Revenue and operating profit have expanded through the latest reported quarter, with the recent clean-profit sequence reducing reliance on the earlier volatile profit base. Management describes density-led India demand, international supply-chain integration and Hyderabad insourcing as the next operating levers. What the surface reading misses. The surface reading is: Jun 2026 reported revenue was ₹2,714 crore and reported net profit was ₹228 crore. What the surface reading misses. The surface reading is: A higher margin suggests improving profitability. The research reads it further: The margin increase coincides with higher revenue and management’s cited product economics, lower marketing intensity and fixed-cost absorption; however, the normalized framework has only a short margin history. Lever 1 · Operating leverage: building. Revenue growth is translating into higher operating margin in the reported financials. What proves it keeps working: Operating leverage. It stops working if Store productivity or product margin falls before fixed costs can be absorbed. Lever 10 · New geographies: building. International revenue and management-reported margin improvement can widen the profit pool if supply-chain integration continues. What proves it keeps working: International profitability. It stops working if International store additions accelerate before market-level profitability improves. Sources: our stock research file (22 August 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did Lenskart Solutions management deliver what it promised? What Lenskart Solutions Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. NPS assurance contradicted by subsequent decline · 12 August 2026. In Dec 2025, management made an unqualified commitment that NPS would not fall, and in Feb 2026 it described NPS of 80.9 as a record. In Aug 2026, management indicated that NPS had moderated and was only bouncing back, showing that the prior assurance was not met; the policy-communication explanation does not quantify the decline or the recovery. Product Margin Discrepancy · 20 May 2026. In the Dec 2025 call, management celebrated structural improvements, stating that product margin had grown from 64% in FY23 to 69.2% in Q2 FY26. However, in the May 2026 call, they stated that the product margin was held steady at 64%, with a flat trajectory over the last two years due to rupee depreciation completely offsetting integration benefits. Singapore Delivery Service Retraction · 20 May 2026. In the Dec 2025 call, management stated that they had already launched a two-hour delivery service in Singapore and experienced an amazing response. However, in the May 2026 call, they walked back this progress, indicating they are only running experiments for same-day delivery in Singapore and that it is too early to comment on goals. Reversal on GST Impact · 11 February 2026. In the December 2025 call, management explicitly attributed the "very strong demand" in October and November to the strategy of passing GST rate cuts to consumers. However, in the February 2026 call, they contradicted this by stating the growth was "not a GST story," claiming the impact was not visible and arguing that price reductions do not drive eye test volumes. Earlier call (Dec 2025): “In fact, I would say because we passed the GST benefit to the consumers, we have seen a very, very strong demand coming from consumers in a category like ours.” Later call (Feb 2026): “But if you look at our numbers, the impact is not visible... But quarter three growth is not a GST story... At least in this quarter I we did not see GST impact.” Every quote above is taken word for word from the company’s own earnings calls. ## What is Lenskart Solutions management's track record? October to December 2025 is genuinely strong: Revenue ₹2,308 crore (+38% on a year earlier), profit ₹131 crore (up 70x from ₹2 crore), operating margin 20% (from 14.5%). 6.3M eye tests (+54% on a year earlier), 195 net new stores in Q3. India SSSG 28%. ### Regulatory and governance record (1) 70% of ₹7,278 crore IPO was OFS, SoftBank, Kedaara Capital, Alpha Wave Ventures exiting with ₹1,000 crore+ each rather than spending on company growth. (Checked 22 March 2026.) ## How much does Lenskart Solutions earn on its capital? Lenskart Solutions Ltd earned a ROCE of 8% in FY26. That is up from a low of −3% in FY22. Its return on capital used (ROIC) is 3.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.7% net margin and 0.62× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.7% net margin × 0.62× asset turnover × 1.63× leverage (assets divided by equity) ≈ 5.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 8.8% − 12.0% = −3.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 8.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 7.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Lenskart Solutions have too much debt? Lenskart Solutions Ltd has total debt of ₹3,097 Cr against shareholder equity of ₹8,852 Cr as of Jun 2026, so its debt is 0.35× its equity. Year by year, that ratio went from 0.41 in FY25 to 0.35 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Lenskart Solutions shareholding pattern? No group of Lenskart Solutions Ltd's owners changed its stake by a full percentage point over the last 4 quarters. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. ## How far is Lenskart Solutions from balance-sheet trouble? For Lenskart Solutions Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Lenskart Solutions rank in its industry? 57.9 out of 100, rank 4 of 6 in New age - Platform - E-Retail, with 66% of the evidence available. Lenskart Solutions Ltd scores 57.9 out of 100 against the 6 companies it is compared with in New age - Platform - E-Retail, ranking 4. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. The three scored parts add up to the total exactly: 34.3 + 17.3 + 6.3 = 57.9 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Lenskart Solutions compared with? Lenskart Solutions ranks 4 of 6 New age - Platform - E-Retail companies on the 4-Factor Sector Score, with 57.9 out of 100. 1. [GNG Electronics Ltd](https://www.sectoralpha.in/stocks/gng-electronics-ltd) EBGNG · leader · Most evidence points up · 76% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 35.6% · Profit 88.2% · Operating margin change 2 points · 88% evidence Capital efficiency 17.4/25 · ROCE 20.2% · Operating margin 12% · 100% evidence Valuation 10.0/20 · P/E 52.8× · PEG n/a · 0% evidence Relative strength 20.0/20 · Lead over its industry 24.4% · Lead over NIFTY 500 50.4% · 1 year 96.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 17.4 + 10 + 20 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Honasa Consumer Ltd](https://www.sectoralpha.in/stocks/honasa-consumer-ltd) HONASA · turning · Evidence leans up · 86% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 21.1% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 15.6/25 · ROCE 19.2% · Operating margin 15% · 100% evidence Valuation 8.0/20 · P/E 57.1× · PEG 2.13 · 50% evidence Relative strength 11.7/20 · Lead over its industry 2.4% · Lead over NIFTY 500 25.6% · 1 year 55.5% · 100% evidence · 8 of 12 weeks ahead Exact sum: 26.5 + 15.6 + 8 + 11.7 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [FSN E-Commerce Ventures Ltd](https://www.sectoralpha.in/stocks/fsn-e-commerce-ventures-ltd) NYKAA · leader · Evidence leans up · 68% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 27.4% · Profit 100% · Operating margin change 1 points · 83% evidence Capital efficiency 14.9/25 · ROCE 17.2% · Operating margin 8% · 76% evidence Valuation 10.0/20 · P/E 376× · PEG n/a · 0% evidence Relative strength 13.6/20 · Lead over its industry 3.6% · Lead over NIFTY 500 28.7% · 1 year 41.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.5 + 14.9 + 10 + 13.6 = 61 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Lenskart Solutions Ltd this page LENSKART · breaking out · Evidence leans up · 66% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.3/43.75 · Revenue 37.1% · Profit 81% · Operating margin change 4 points · 88% evidence Capital efficiency 17.3/31.25 · ROCE 8.1% · Operating margin 22% · 100% evidence Valuation 6.3/25 · P/E 179× · PEG 3.63 · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.3 + 17.3 + 6.3 = 57.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 5. [Meesho Ltd](https://www.sectoralpha.in/stocks/meesho-ltd) MEESHO · breaking out · Too little evidence to rank firmly · 51% evidence 47.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.6/43.75 · Revenue 39.8% · Profit 56.7% · Operating margin change 9 points · 74% evidence Capital efficiency 0.3/31.25 · ROCE -40% · Operating margin -6% · 100% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.6 + 0.3 + 12.5 = 47.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Brainbees Solutions Ltd](https://www.sectoralpha.in/stocks/brainbees-solutions-ltd) FIRSTCRY · quiet · Most evidence points down · 61% evidence 27.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue 11.7% · Profit 29.2% · Operating margin change 1 points · 62% evidence Capital efficiency 5.2/25 · ROCE 0.6% · Operating margin 2.8% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -44.9% · Lead over NIFTY 500 -28.9% · 1 year -54.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.1 + 5.2 + 10 + 0 = 27.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [New age - Platform - E-Retail](https://www.sectoralpha.in/sectors/new-age-platform-e-retail), all 6 compared on one page. ## Which companies are close to Lenskart Solutions in size? Lenskart Solutions is the largest of 6 New age - Platform - E-Retail companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Meesho, FSN E-Commerce Ventures, Honasa Consumer, Brainbees Solutions and GNG Electronics. ### New age - Platform - E-Retail companies close in size 1. Lenskart Solutions Ltd ₹1,17,960 crore 2. [Meesho Ltd](https://www.sectoralpha.in/stocks/meesho-ltd) ₹1,03,221 crore 3. [FSN E-Commerce Ventures Ltd](https://www.sectoralpha.in/stocks/fsn-e-commerce-ventures-ltd) ₹1,00,078 crore 4. [Honasa Consumer Ltd](https://www.sectoralpha.in/stocks/honasa-consumer-ltd) ₹14,414 crore 5. [Brainbees Solutions Ltd](https://www.sectoralpha.in/stocks/brainbees-solutions-ltd) ₹8,236 crore 6. [GNG Electronics Ltd](https://www.sectoralpha.in/stocks/gng-electronics-ltd) ₹7,518 crore [All 6 New age - Platform - E-Retail companies, largest first](https://www.sectoralpha.in/sectors/new-age-platform-e-retail#all-companies) ### Companies close in size in other industries 1. [Hitachi Energy India Ltd](https://www.sectoralpha.in/stocks/hitachi-energy-india-ltd) ₹1,21,348 crore · Electrical Equipments/HVDC 2. [Billionbrains Garage Ventures Ltd](https://www.sectoralpha.in/stocks/billionbrains-garage-ventures-ltd) ₹1,20,152 crore · Finance - Capital Markets - Brokers 3. Lenskart Solutions Ltd ₹1,17,960 crore 4. [Siemens Ltd](https://www.sectoralpha.in/stocks/siemens-ltd) ₹1,17,627 crore · Capital Goods - Electric General 5. [Polycab India Ltd](https://www.sectoralpha.in/stocks/polycab-india-ltd) ₹1,17,355 crore · Cables - Power ## What else do people ask about Lenskart Solutions? ### What is Lenskart Solutions's share price today? Lenskart Solutions Ltd's share price is ₹671.05, +64.1% over the past year. The whole company is worth ₹1,16,751 Cr on the market. In the last 52 weeks it traded between ₹404 to ₹707; today it is 88% of the way up from the low, 18.7% above its 200-day average (as of 3 November 2026). ### What were Lenskart Solutions's latest quarterly results? Lenskart Solutions Ltd reported revenue of ₹2,714 Cr and net profit of ₹228 Cr for the Jun 2026 quarter. Revenue rose 43.3% and profit rose 273.8% compared with a year earlier. Earnings per share were ₹1.28. The operating margin was 22.0%, 4.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Lenskart Solutions's market cap? Lenskart Solutions Ltd's market capitalisation is ₹1,16,751 Cr at a share price of ₹671.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Lenskart Solutions performing? Lenskart Solutions Ltd's share price has been rising for 46 weeks. In its latest quarter, revenue rose 43.3% and profit rose 273.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 21 weeks running (as of 3 November 2026). ### Will Lenskart Solutions's share price go up? This page does not forecast Lenskart Solutions Ltd's share price. What it shows instead: the share price is ₹671.05, and it has been rising for 46 weeks. Its P/E of 177.2× is higher than 19% of its own last 1 years (as of 3 November 2026). ### Who owns Lenskart Solutions? Promoters own 17.5% of Lenskart Solutions Ltd, foreign institutions 18.3%, domestic institutions 26.8% and the public 37.0% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Lenskart Solutions have too much debt? Lenskart Solutions Ltd has a moderate amount of debt: its debt is 0.35× its equity, and its operating profit is 10 times its interest bill. FY26 borrowings were ₹3,097 Cr against equity of ₹8,738 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Lenskart Solutions in its business cycle? Lenskart Solutions Ltd's FY26 operating margin was 20.0%, against a 7-year range of −8.0% to 20.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 22.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Lenskart Solutions story? The main question: the share price moved +64.1% in a year while yearly earnings per share moved −25.8%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Lenskart Solutions a stock worth studying right now? What the numbers show: Lenskart Solutions Ltd's results are improving, while its P/E is near the low end of its own history over 1 year, higher than only 19% of past readings. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Lenskart Solutions share price forecast for 2026? What management itself guided: India store expansion to continue while preserving same-store growth and customer experience. What is changing at Lenskart Solutions, from the latest results and calls: india density-led demand, operating leverage and international profitability. What would change the story: The thesis breaks if same-store demand and operating margin weaken while international profitability and Hyderabad commissioning fail to provide an offset. ### Where does this page get Lenskart Solutions' management information? From Lenskart Solutions' results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results. ## Lists - Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india This is research, not advice. We’re not SEBI-registered.