Lenskart bets FY27 on AI: targets 100M eye tests, smart glasses scale-up, factory automation

Lenskart will scale AI-led eye tests from 30M to 100M annually, expand B by Lenskart smart glasses (30,000 waitlist), and embed AI across 542 India stores, factories and supply chain. FY26 revenue hit Rs 2,516 cr (+46% YoY) with Rs 204 cr PAT and 25% EBITDA margin.

— Source publishedThu, 21 May, 2026, 10:28 IST·First seen Thu, 21 May, 2026, 12:15 IST·Source ET Retail

What happened

Lenskart will make AI central to FY27 strategy, scaling eye tests from 30M to 100M, expanding smart glasses (B by Lenskart), and using AI across stores,

Key facts

  • FY27
  • 100 million eye tests
  • 30 million current eye tests
  • 30,000 waitlist
  • 78 Indian cities
  • 603 net new stores FY26
  • 542 India stores
  • 25% volume growth
  • 25% EBITDA margin
  • Rs 2,516 crore Q4 revenue
  • 46% YoY
  • Rs 204 crore PAT

Why this matters

The B by Lenskart smart glasses waitlist and factory automation push signal openings for AI optics, wearables tech, and supply chain partners to plug into a vertically integrated platform expanding 600+ stores annually.