Lenskart Solutions (LENSKART) Q1 26/27 earnings summary

Executive summary

• Revenue grew 34% year-over-year, with PAT up 182% to INR 228 crore for Q1 FY 2027, reflecting accelerating compounding and robust operational performance.

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were reviewed and approved, reflecting continued growth and recent acquisitions for like-for-like comparison.

• Proforma financials were provided to illustrate the impact of recent acquisitions, notably Meller and Quantduo Technologies, on the Group's performance.

• Board approved further equity stake acquisition in Baofeng Framekart Technology Limited, and incorporation of new subsidiaries in Korea and China to strengthen international presence.

• Strategic focus on democratizing vision with INR 500 eyewear and premiumization, serving all income segments and expanding both value and premium offerings.

Financial highlights

• Consolidated revenue from operations for Q1 FY27 was ₹2,714.18 crore, up from ₹1,894.46 crore in Q1 FY26 (year-over-year growth).

• Consolidated profit after tax for Q1 FY27 was ₹228.43 crore, compared to ₹61.17 crore in Q1 FY26.

• India revenue grew 30.7% year-over-year to INR 1,531 crore; international revenue grew 38% to INR 1,203 crore.

• EBITDA pre-Ind AS 116 margin reached 15.4% in India and 10.6% internationally, both up from last year.

• Basic and diluted consolidated EPS for Q1 FY27 were ₹1.28, up from ₹0.36 in Q1 FY26.

Outlook and guidance

• Significant headroom for store expansion in India, with over 6,100 PIN codes still unserved and potential for more than 10,000 stores.

• International markets poised for accelerated store additions as tech integration and supply chain improvements mature.

• The company continues to focus on international expansion and supply chain integration, with new subsidiaries and increased control in key manufacturing JVs.

• Proceeds from the IPO are being deployed as per stated objectives, with unutilized funds temporarily invested in fixed deposits.

• Continued focus on engineering-led solutions, AI-driven eye tests, and omnichannel strategies to drive growth and efficiency.