Lenskart Solutions Limited announced its unaudited financial results for the fourth quarter and the current full financial year ended. This is an important milestone for the organisation as it enters its first full year operating as a publicly listed organisation. The numbers reported show a significant upward trend in several operational fields, signifying high market performance and consumer adoption. The firm has demonstrated significant year-on-year gains in its core revenue segments and a significant uptick in overall profitability.

Exceptional quarterly and strategic operations

According to Lenskart, it had an income of ₹2,516 crore in the fourth quarter of FY26, indicating a growth of 40.6%. In the fourth quarter, Lenskart recorded EBITDA of ₹536 crore, showing an increase of 61.2%. The profit after tax in the fourth quarter was recorded at ₹204 crore, marking an exceptional growth rate of 164.7% compared to the previous fiscal year.

The overall performance of Lenskart in the year ended FY2026 is quite promising. For the entire fiscal year, Lenskart managed to record a revenue growth of 32.3% and crossed the mark of ₹9,002 crore. The annual EBITDA has also increased substantially by 55.3% to reach ₹1,790 crore with a remarkable EBITDA margin of 19.9%. 

The adjusted profit after tax for the entire financial year amounted to ₹530 crore, a rise of 2.5 times from the previous financial year. On these numbers, Founder CEO Peyush Bansal said that the company is already at a compounding stage, but still considers its business as Day Zero, as there are so many opportunities available in the market.

The India business helped drive growth, with fourth-quarter revenue of ₹1,475 crore, representing a year-on-year increase of 44.1%. The growth in same-store sales was steady at 24.2% for the quarter and was seen throughout urban areas, metros, Tier 1 and Tier 2, plus geographical markets. Furthermore, Lenskart tracked its Same Pincode Sales Growth, which is an internal benchmark covering total sales for all postal codes, not just individual shops. 

Q4 SPSG came in at 31.1%, beating the same-store sales growth by 690 bps, and confirming that new store openings are generating additional market demand with no negative effect on on-shelf sales performance. The domestic businesses also saw a significant improvement in their fourth-quarter EBITDA margin, rising to 21.1% versus 15.5% in the previous year as a result of leveraging employee costs, marketing, and rental outlays. 

The country’s average price for the fourth quarter ended at ₹1,865, the price level for which stood largely above the previous year’s ₹1,664, and therefore included some base effect. Under the High Value category, covering an order of more than ₹10,000, this new segment has become a 20.5% share of total Indian sales for the year.

Product engineering and international business

There was a significant jump in the company’s new store numbers as it opened a net total of 603 stores in the fiscal year, up from 335 outlets in the year before. This expands the international active retail network to 3,327 outlets worldwide. Out of the total of 542 net stores moved across India, 254 stores were opened in Tier 2 plus regions. 

This aggressive growth enabled the company to enter 157 new cities, bringing its domestic footprint to 556 cities. Stores in smaller zones saw positive returns, such as Saharsa in Bihar that made ₹16 lakh to ₹17 lakh a month, Shahdol in Madhya Pradesh, Golaghat in Assam, and Jhargram in West Bengal.

The international arm, which has 718 outlets in countries such as Japan, the Southeast Asia region, and the Middle East and Africa, saw an increase in revenue by 35.4% during the fourth quarter to a value of ₹1,054 crore. This increase was about 25% on a constant currency basis, and the total international revenue for the full year amounted to ₹3,790 crore. 

For the quarter, the international pre-IndAS 116 EBITDA margin increased to 9.2% and averaged 7.0% on a full-year basis. Lenskart pointed out that its international operations have reached profitability way faster than its earlier retail stores based in India when it entered scaling mode. Its acquisition of the sunglasses brand, Meller, has far exceeded initial aspirations, resulting in a global volume growth of 36.3% for the brand over the past year.

During the year, the enterprise successfully manufactured 17.5 million prescription eyeglasses, 7.8 million frames, and 5.6 million lenses in-house. In order to maximise the production of the frames, Lenskart joined a collaboration arrangement with Sunrise (Matt Optical) of Thailand, which benefits from duty-free trade. 

The company is also building a large new manufacturing plant in Hyderabad that will be online in about 18 months, which should significantly increase its prescription glass manufacturing capabilities. Financially, the brand reported an operating cash flow of ₹887 crore, which helped sustain the store network rollout and investments in infrastructure, whereas the brand maintained a net cash balance of ₹3,881 crore at the close of the fiscal year.

Conclusion

Lenskart is set to continue the same level of store roll-out throughout the coming year while sticking to its long-term pre-IndAS 116 EBITDA margin target of around 25%. A significant technological shift to become a consumer artificial intelligence business is the central goal established for the upcoming financial year. The company is building a comprehensive strategy that incorporates AI capabilities from design through in-store operations, manufacturing, and client acquisition, ensuring its market position remains robust and its financial trajectory continues to rise.