LENSKARTBSELenskart Solutions LtdLowNeutral
Announced Thu, 21 May · 11:34 IST

Lenskart has informed the Exchange about the allotment of equity shares upon exercise of vested options granted under Lenskart Employee Stock Option Plan, 2021

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LENSKART · price

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Price reaction · full curve 14 horizons · vs prior close
+6.0%1-day move
₹484.00
prior close
₹500.40
base price
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+1.4+1.0+1.0+1.6+6.0+4.2+5.3+7.6+8.2+7.6+2.1+6.8+13.5
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AI summary

Lenskart Solutions' Board meeting on May 20, 2026 covered multiple items. The company reported audited standalone FY2026 results with total income of Rs 54,298.76 million and profit after tax of Rs 4,758.84 million, compared to Rs 42,255.26 million and Rs 1,880.72 million respectively in FY2025 — more than doubling net profit year-on-year. Basic and diluted EPS stood at Rs 2.80. The Board also approved equity share allotments under the Lenskart Employee Stock Option Plan, 2021 (19,04,512 options exercised), material investments including additional stake in Japan's OWNDAYS Inc. and investment in its Singapore subsidiary, and an in-principle approved merger of two wholly owned subsidiaries — Dealskart Online Services and Lenskart Eyetech — into the parent company to streamline group structure. Auditors PwC Services LLP and DPV & Associates LLP were reappointed. The company also converted 833.2 million preference shares into equity during the year.

Likely market impact

Strong financial growth with net profit more than doubling reflects operational momentum post-IPO. ESOP exercises dilute existing shareholder stakes modestly. The subsidiary merger and OWNDAYS acquisition signal continued expansion in India and Japan markets.