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.

— Source publishedThu, 21 May, 2026, 10:23 IST·First seen Thu, 21 May, 2026, 10:33 IST·Source The Hindu BusinessLine

What happened

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

Key facts

  • PAT ₹203.6 cr, -7.5% YoY
  • Revenue ₹2,516 cr, +45.62% YoY
  • India ASP ₹1,865, +15.9% YoY
  • 542 net new stores in FY26
  • Same pincode sales +31.1%
  • SSSG +24.2%
  • ₹53 cr investment in overseas subs
  • Owndays stake to 97.67%
  • Jefferies TP ₹600
  • Morgan Stanley TP ₹576
  • Stock +2% at ₹497.75

Why this matters

The ₹53 cr buy-up to 97.67% in Owndays signals Lenskart is consolidating its Japan/SEA platform ahead of further regional M&A and tighter integration of the global eyewear stack.

Also reported by