Lenskart Solutions Limited

Lenskart Solutions Limited (LENSKART) is a large-cap Consumer Services company valued at ₹1.12 lakh crore operating in Speciality Retail on the NSE and BSE.

Recent price move

Lenskart Solutions Limited last traded at ₹644, modestly up 0.20% on the day.

Recent developments

On 2026-09-18, Platinum Jasmine was reported to sell a 1.7% stake in Lenskart for ₹2,047 crore, at a 3.5% discount to the recent closing price. On the same day, ADIA-backed investor Platinum Jasmine was also reported to be offloading its 1.7% stake. On 2026-08-28, Alpha Wave Ventures sold a 1.2% stake worth ₹1,313 crore, causing shares to fall 3%. On 2026-08-24, SoftBank sold a 2.6% stake for ₹2,888 crore, reducing its holding to 7.28%.

Financial performance

Lenskart Solutions has seen strong revenue growth, with annual revenue rising 32.5% year-over-year to ₹8,814 crore. The latest quarter revenue also surged 43.3% compared to the same quarter a year earlier. Net profit has grown even more sharply, increasing 68.7% annually to ₹501 crore, and the latest quarter net profit jumped 273.8% to ₹228 crore. The net profit margin improved to 5.7% from 4.5% a year ago, reflecting better cost control and pricing power.

Valuation multiples

The stock trades at 221.3 times earnings, 13.80 times book value.

Things to watch

The company has not paid dividends despite reporting profits, which may indicate it is retaining earnings for reinvestment. Promoter holding remains at 17.53%, but foreign institutional holding increased by 8.50 percentage points in the quarter, while domestic institutional holding rose by 8.09 percentage points. The stock is 2.5% below its 52-week high, and recent block deals suggest some institutional investors are reducing their stakes.

Where it stands

Lenskart Solutions has delivered robust revenue and profit growth, with the latest quarter showing a sharp rise in net profit. However, the stock is trading below its 52-week high, and recent block deals indicate some institutional selling. The company's decision not to pay dividends despite profits raises questions about its capital allocation strategy.

Summarised by DocStoX's model on 2026-09-19 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.