Lenskart Solutions Ltd.Record Quarter Confirms Compounding Phase

Lenskart delivered its strongest quarter as a public company with revenue growing 41% year-on-year to ₹2,516 crores in Q4 FY26, confirming management's compounding phase thesis.

EBITDA growth significantly outpaced revenue at 61% year-on-year, with margins expanding 2.7 percentage points to 21.3%, while EBITDA pre-Ind AS 116 nearly doubled to ₹322 crores with margins improving from 9.1% to 12.8%. The company crossed three historic milestones for the full year: ₹1,700 crores EBITDA, ₹1,000 crores pre-Ind AS EBITDA, and ₹500 crores PAT. India business remained the primary growth driver with ₹1,475 crores revenue up 44% year-on-year and EBITDA pre-Ind AS margin reaching 15.3%, a remarkable 6 percentage point expansion from 9% in Q4 FY25.

International operations validated scalability with ₹1,054 crores revenue and margins reaching 9.2%. Management's FY27 priority centers on AI transformation across the value chain to drive growth, with ambitious eye test targets expanding from 30 million to eventually one billion. The company added 183 net new stores in Q4, reaching 3,327 total locations, while maintaining record NPS of 81.4 and generating strong operating cash flows of ₹887 crores for the full year.