Lenskart Share Price, If you’ve been tracking the markets lately, you’ve probably noticed one name standing out on the ticker — Lenskart. The eyewear giant has just delivered a blockbuster December quarter, and investors are reacting in style. With profit surging multifold and the stock hitting a fresh record high, Lenskart is suddenly looking less like a startup story and more like a serious market heavyweight. The sharp Lenskart revenue growth this quarter has further strengthened investor confidence and added strong momentum to the stock’s rally. Lenskart revenue growth remains one of the biggest driving forces behind this renewed market enthusiasm.
So, what exactly is driving this rally, and does the momentum have legs? Let’s break it down.
Lenskart Share Price Hits Record High
On Thursday, February 12, Lenskart’s shares jumped as much as 12.48% to touch an all-time high of ₹526 apiece on the NSE. For a company that made a subdued stock market debut just a few months ago, this sharp move is a big sentiment shift.
The trigger? A stunning jump in quarterly profit and strong revenue growth that has clearly exceeded market expectations.
Profit Jumps From ₹1.8 Crore To ₹133 Crore
Here’s where things get interesting.
During the December quarter of FY26 (Q3 FY26), Lenskart’s consolidated profit after tax (PAT) surged to about ₹132.7 crore, compared to just ₹1.8 crore in the same quarter a year earlier. That’s not just growth — that’s a complete transformation of the bottom line.
What powered this jump?
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Better margins
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Strong addition of new customers
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Turnaround and positive contributions from the international business
In simple terms, Lenskart is not just selling more; it’s earning a lot more on each sale.
Revenue Growth: Strong 38% Surge
Lenskart’s top line is telling a similarly upbeat story.
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Revenue from operations rose 38% year-on-year to ₹2,308 crore in Q3 FY26
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This compares with ₹1,669 crore in the December 2024 quarter
In its statement, the company highlighted that overall revenue in Q3 FY26 grew 37.4% YoY, primarily driven by volume growth and new customer additions. That’s a classic sign of a business widening its base rather than relying only on higher prices.
India vs International: Both Engines Firing
Lenskart Share Price, Lenskart is no longer just an India story. It’s building what it calls a “compounding platform” across markets.
The company reported:
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India revenue growth: 40.4% YoY
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International revenue growth: 32.7% YoY
This balance is crucial. While India remains the core market, the international segment is quickly becoming an important profit lever.
Domestic Profit: More Than Tripled
On the profitability front in India, Lenskart’s performance has been impressive.
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Profit before tax (PBT) in the domestic market jumped to ₹161 crore in Q3 FY26
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This is more than triple the ₹48 crore PBT reported in the same quarter last year
This kind of growth shows that the company’s scale, brand recall, and operational efficiencies are starting to really kick in.
International Business: From Loss To Profit
Perhaps the biggest structural positive is the turnaround overseas.
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International PBT in Q3 FY26: ₹32.5 crore
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Same quarter last year: loss before tax of ₹42.4 crore
In just a year, Lenskart’s international arm has gone from bleeding money to generating profit. That’s a major milestone for any consumer brand trying to expand globally.
CEO Peyush Bansal, in a letter to shareholders, pointed out that:
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The international segment grew 32.7% YoY
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EBITDA margins improved from 2% to 6.1% over nine months
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These margins are “significantly ahead” of where India was at a comparable scale
In other words, the international operations are learning fast from the India playbook and leapfrogging the profitability curve.
Building A Global Eyewear Platform
Lenskart’s global ambitions are not just talk.
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The company now has 705 international stores
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It holds the number 1 position in Singapore
Bansal also highlighted that technology trained on “millions of Indian customers” is now helping improve operations across international markets. Think of it like this: the data and systems built in India are now the engine running stores worldwide.
Interestingly, he noted that the international segment is delivering superior profitability with just half the store footprint compared to India at its earlier stage. That suggests a highly scalable and efficient model abroad.
Reshaping Overseas Investments: Loans Turned To Equity
Lenskart Share Price, Not everything in the international story has been smooth. Lenskart had previously extended loans to its loss-making overseas subsidiaries, including Lenskart Singapore and NESO brands.
Due to their inability to service the principal and interest, the company converted those loans into equity. This move:
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Cleans up the balance sheet
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Reduces the burden of weak assets being treated as debt
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Aligns the subsidiaries’ performance more directly with Lenskart’s overall equity value
It’s a classic “course correction” as the company matures into a global player.
India Operations: Strong Same-Store Growth
Back home, Lenskart is still tightening its grip on the Indian market.
Bansal revealed that:
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India delivered a record 28% same-store sales growth in the quarter
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Same-pincode sales growth stood at 36%
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This was an 800 basis points premium compared to previous levels
Same-store and same-location growth are key indicators that the brand isn’t just expanding by opening new stores — existing stores are also doing much better. That points to higher customer loyalty, better marketing, and efficient operations.
Huge Untapped Market: The Vision Gap In India
To understand why Lenskart sees such a long runway, you have to look at the bigger picture of India’s eyewear market.
According to the company:
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India’s eyewear market is currently worth around ₹79,000 crore
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The need-based market, however, exceeds ₹4 lakh crore
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Over 500 million people in India need vision correction
During the reported quarter alone, Lenskart conducted over 60 lakh eye tests, and nearly half of them were first-time exams. That means the company is not just selling glasses; it’s literally discovering new customers who didn’t even know they needed vision correction.
Every eye test, as Bansal pointed out, expands the addressable market. It’s like opening a new door to demand each time someone gets their eyes checked.
ESOP Bonanza: Rewarding Employees
Lenskart Share Price, Lenskart is also using its rising market stature to share value with employees.
It announced:
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ESOP 2021: around 2.6 crore options, valued at about ₹1,212 crore
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ESOP 2025: about 72.8 lakh options, valued at around ₹335 crore
These valuations are based on the closing share price of ₹466.65 on the BSE as of Wednesday. Such large employee stock option plans underline the company’s attempt to align long-term employee incentives with shareholder value creation.
From Weak Listing To Market Favorite
To really appreciate Lenskart’s current rally, you need to rewind to its listing history.
Lenskart Solutions made its stock market debut on November 10, 2025 — and it wasn’t exactly a dream start:
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Issue price: ₹402 per share
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Listing on BSE: ₹390 (down 2.98%)
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The stock quickly slipped further, falling over 11% to ₹355.70
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It later recovered to trade around ₹403.80, barely above issue price
On the NSE, the pattern was similar:
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Listing at ₹395, a 1.74% discount
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Slide to ₹356.10 (down over 11%)
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Later bounce back to roughly ₹404
Despite this shaky debut, there was huge interest before listing:
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The ₹7,278 crore IPO was subscribed 28.26 times on the final day
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The price band was set at ₹382–₹402 per share
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The offer included a fresh issue worth ₹2,150 crore
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Plus an Offer for Sale (OFS) of 12.75 crore shares by promoters and investors
Lenskart had earmarked the IPO funds for strategic expansion, especially:
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Setting up new company-operated, company-owned (CoCo) stores in India
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Making payments under lease, rent, and licence agreements for these CoCo outlets
The latest quarterly performance suggests that the capital raised is now starting to translate into tangible growth and profitability.
Why The Market Is Excited Now
So why are investors so upbeat today when they were cautious at listing?
A few clear reasons stand out:
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Profits have scaled up dramatically in just one year
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Revenue growth is strong, broad-based, and volume-led
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International operations have flipped from loss to profit
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Margins are improving in both domestic and foreign markets
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The company is tapping into a massive underpenetrated market
In market terms, Lenskart is beginning to look like a profitable, scalable consumer-tech play with a long growth runway, rather than just another loss-making “new age” listing.
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Conclusion
Lenskart Share Price, Lenskart’s record-high share price and stellar Q3 FY26 performance mark a turning point in its journey from disruptor to established market player. With profit surging, international business turning around, and a huge untapped need for vision correction in India and abroad, the company appears to be building a durable growth platform.
Of course, challenges remain — from global expansion risks to execution and competition — but for now, the numbers are telling a compelling story. For investors, customers, and employees alike, Lenskart’s latest quarter feels less like a one-off spike and more like the beginning of a new phase in its evolution.
