L

Lenskart Solutions Limited

LENSKARTNSE
Market snapshot · 2026-08-12 18:29 UTC

586.45

₹-2.75 (-0.47%)

MARKET CAP

₹1.02L Cr

STOCK P/E

202.9x

52W HIGH

₹593.35

52W LOW

₹356.10

BOOK VALUE

₹50.33

EPS

₹2.89

ROE

6.65%

SECTOR

Consumer Discretionary

DEBT/EQUITY

34.98

VOLUME

50.27L

P/B RATIO

11.65x

PEG RATIO

-21.14

Sector

Consumer Discretionary

Themes

Retail - SpecialityNewly Listed
E
Earnings
₹586.45₹541.33₹496.20₹451.08₹405.95VolumeEENov '25Dec '25Jan '26Mar '26Apr '26May '26Jun '26Aug '26

AI Summary

✦ Clartha

Lenskart Solutions is a technology-driven eyewear company designing, manufacturing, branding, and retailing eyewear. Prescription eyeglasses, sunglasses, contact lenses, and accessories drive sales across Lenskart and Owndays. Its lens, frame, and delivery capabilities support direct-to-consumer distribution across India and international markets. Q1 profit increased 182% year-on-year to Rs 228 crore, while revenue rose 34%, indicating operating leverage and improving margins. Revenue grew 35.4% and profit 67%, with improving margins, but 6.7% ROE remains modest. Debt-to-equity of 34.98 materially amplifies financial leverage and its impact on ROE. At 202.9 times earnings, the stock is overvalued and trades at a substantial premium to its growth rate. Investors must assess whether international expansion and brand-led growth can justify this valuation without further leverage.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for LENSKART.

20.00 analysts

Price Forecast

Current
₹586.45
High Target
₹730.00
▲ +24.5%
Median Target
₹602.00
▲ +2.7%
Low Target
₹437.00
▼ -25.5%
Now₹586.45High ₹730.00Median ₹602.00Low ₹437.00Nov '25Now12M Target
Price history (1Y)
Analyst target range
20 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹482.10 - ₹760.0080%
6M₹452.83 - ₹861.9880%
12M₹422.20 - ₹1,04980%
Realized vol: +35.5% · Drift: +19.0%

Revenue Forecast

₹ Cr
Mar '26Current₹1,470.0
Sep 2026 ETrend estimate range
High₹1,746.8Base₹1,617.4Low₹1,488.0
Jun '25: ₹1,168.0 · Sep '25: ₹1,229.0 · Dec '25: ₹1,381.0 · Mar '26: ₹1,470.0 · Sep '26: ₹1,617.4 · Dec '26: ₹1,817.4
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E1,168.01,229.01,381.01,470.01,617.41,817.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹0.94
Sep 2026 ETrend estimate range
High₹2.02Base₹1.80Low₹1.58
Jun '25: ₹1.35 · Sep '25: ₹1.20 · Dec '25: ₹0.63 · Mar '26: ₹0.94 · Sep '26: ₹1.80 · Dec '26: ₹0.95
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E1.351.200.630.941.800.95
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
57%
Analyst Consensus
Weakening

From 20 analysts

Mean upside+2.4%

Fundamentals

Moderate

Fundamentals institutional score is 51 using EVA spread proxy -5.3%; growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 39 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 49 using mean target upside 2.4%; dispersion penalty 19.5; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 79 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. technical structure and market sentiment provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus NeutralTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price600.7 target
Mean Upside+2.4%
Technical Score79%
Fundamental Score51%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 16.3% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.92). Confidence: 90%.

Live forward EPS implies next-12-month EPS of ₹6.37. Applying the stock's normalized valuation corridor produces a fair range of ₹1,005.12 to ₹1,175.27, with base value near ₹1,111.57 (+89.5% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹6.37

Forward P/E

92.1x

Base Fair Value

₹1,111.57

Fair Range

₹1,005.12 - ₹1,175.27

Upside To Base

+89.5%

Estimate Source

Live forward EPS

Growth Estimate

-9.6%

P/E
Strongly Overvalued

5Y Average

178.68

Current

202.92

Overvalued

184.50

Undervalued

157.79

EV/EBITDA
Strongly Overvalued

5Y Average

80.90

Current

91.88

Overvalued

84.20

Undervalued

78.23

P/S
Overvalued

5Y Average

10.14

Current

11.52

Overvalued

11.67

Undervalued

8.62

Peers & Comparison

Sector: Consumer Discretionary · Theme: Retail - Speciality

Retail - Speciality Peers2 peers
Avg P/E: 63.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
LG ELECTRONICS INDIA LTD
LGEINDIAHome Electronics & Appliances
+8.1%6.8%
63.4x
Fair
0% vs avg
-7.3%
MEESHO LIMITED
MEESHORetail - Online
+48.3%-8.7%
+11.9%
WHY THESE PEERS

LENSKART SOLUTIONS LTD trades at a premium (202.9x vs peer avg 63.4x), implying higher growth or quality expectations from the Retail - Speciality cohort. Peers include LG ELECTRONICS INDIA LTD, MEESHO LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.47K CrMar 2026

Latest net profit

₹164 CrMar 2026

Latest EPS

₹0.94Mar 2026

Net margin

19.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%5.0%10.0%15.0%20.0%0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr₹0₹0₹1₹1₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr

Latest reported period: Mar 2026

Results

MetricSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +1,0811,0061,0221,1681,2291,3811,470
Expenses +9199029239671,0061,1291,186
Operating Profit16210499201223252285
OPM %15%10%10%17%18%18%19%
Other Income +72463958383870
Interest22262828303338
Depreciation6975849199111120
Profit before tax1444926140133147197
Tax %26%25%24%25%25%26%17%
Net Profit +107372010499109164
EPS in Rs13.850.480.261.351.200.630.94
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2024Mar 2025Sep 2025Dec 2025Mar 2026
Promoters18.86%19.84%17.57%17.57%17.55%
FII15.60%4.11%3.86%4.26%
DII0.57%70.48%16.27%15.90%
Public2.34%0.58%3.43%1.28%1.33%
Others63.19%79.00%4.41%61.02%60.96%
Mar 2026
Promoters
FII
DII
Public
Others