Lenskart stock climbs on bullish outlook despite Q4 profit dip; Q4 revenue up 46%, 542 stores added in FY26

Q4FY26 PAT fell 7.5% YoY to ₹203.6 cr, but revenue surged 45.6% to ₹2,516 cr. India ASP rose 15.9% to ₹1,865, SSSG hit 24.2%, and same-pincode sales grew 31.1%. Lenskart added 542 net new stores in FY26 and is investing ₹53 cr to lift Owndays stake to 97.67%. Jefferies (TP ₹600) and Morgan Stanley (TP ₹576) stay bullish; stock +2% at ₹497.75.

— Filed Thu, 21 May, 2026, 10:34 IST · Source The Hindu BusinessLine · Updated

Lenskart Q4FY26 profit fell 7.5% to ₹203.6 cr but revenue jumped 45.6% to ₹2,516 cr. Added 542 net stores in FY26, ASP up 15.9%. Investing ₹53 cr to raise Owndays stake to 97.67%. Jefferies, Morgan Stanley bullish.

Why this matters

Reinforces bullish broker view after Q4 beat: Motilal Oswal lifted TP to ₹650, while prior reports flagged the 45.6% revenue surge alongside an 8.5% profit dip from cost pressure.

Retail-company signals steady at 764 over the last 90 days.

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