The shares of omnichannel eyewear retailer Lenskart rose 2% to Rs 496.75 during Thursday’s trading session after reporting a 9% year-on-year decline in consolidated net profit to Rs 200 crore for the fourth quarter, compared with Rs 219 crore in the corresponding period last year.
Despite the drop in profit, the company posted strong operational growth, with revenue from operations rising 46% YoY to Rs 2,516 crore.
For FY26, revenue increased 32% to Rs 9,002 crore. EBITDA climbed 55.3% to Rs 1,789 crore, while adjusted PAT surged 148% year-on-year to Rs 530 crore.
During the March quarter, Lenskart conducted 6.8 million eye tests, marking a 45% increase from a year earlier. For the full financial year, the company carried out 23.8 million eye tests, up 48% YoY, with nearly half comprising first-time examinations in India.
The company said its growth continues to deepen across markets, highlighting robust same-store sales growth (SSSG) and stronger demand generation from newly opened outlets rather than cannibalisation of existing stores. India recorded 24.2% SSSG in Q4, while full-year SSSG stood at 20.8%.
Lenskart also expanded its footprint by entering 157 new cities, primarily across tier-2 and smaller markets. International operations remained strong as well, with Q4 international revenue growing 35% YoY and EBITDA margin improving to 9.2%. For the full year, international revenue rose 30%, while EBITDA margin expanded by 335 basis points to 7%.
The company further noted accelerating premiumisation trends, with orders above Rs 10,000 accounting for 20.5% of India revenue in FY26. International sunglasses sales volumes rose 36% YoY, supported by growth in brands such as Meller.
On Wednesday, the stock closed 1.19% lower at Rs 486.85. Its 52-week high is Rs 559.80, while the 52-week low stands at Rs 355.70.
From a technical perspective, the stock’s 14-day RSI stood at 43.5. Typically, an RSI below 30 is considered oversold, while a reading above 70 indicates overbought conditions.
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