Shares of Lenskart Solutions Limited surged more than 6% in early trade on May 21, 2026, after the company reported a robust 45.62% year-on-year increase in revenue from operations for the fourth quarter ended March 2026. The stock opened at INR 1,245.50 on the National Stock Exchange (NSE), up from the previous close of INR 1,175.30, and touched an intraday high of INR 1,247.80.
Strong Financial Performance
Lenskart's revenue from operations for Q4 FY26 stood at INR 1,234 crore, compared to INR 847 crore in the same quarter last fiscal. The growth was driven by higher demand for prescription glasses, contact lenses, and sunglasses, as well as expansion in both offline and online channels.
The company's net profit for the quarter also improved significantly, rising 78% year-on-year to INR 89 crore, aided by operational efficiencies and better margins. EBITDA margin expanded to 18.5% from 15.2% in the year-ago period.
Key Business Highlights
- Total income for Q4 FY26 increased by 44.3% to INR 1,267 crore.
- EBITDA stood at INR 228 crore, up 58% from INR 144 crore in Q4 FY25.
- Lenskart added 35 new stores during the quarter, taking the total store count to over 1,200 across India.
- Online sales contributed 42% of total revenue, driven by a 50% growth in the digital segment.
Market Reaction and Outlook
Analysts attribute the stock rally to the strong earnings beat and the company's continued market share gains in the organized eyewear segment. Lenskart has been investing heavily in technology, including AI-based virtual try-ons and automated lens manufacturing, which have improved customer experience and operational efficiency.
For the full fiscal year FY26, Lenskart reported revenue from operations of INR 4,567 crore, up 42% from INR 3,215 crore in FY25. The company expects to maintain a growth trajectory of over 35% in FY27, driven by further store expansion and increased penetration in tier-2 and tier-3 cities.
Lenskart's board has also recommended a dividend of INR 2 per share for FY26, subject to shareholder approval.
At 10:30 AM IST, the stock was trading at INR 1,240.00, up 5.5% from the previous close, with a market capitalization of approximately INR 78,500 crore.
