LENSKARTNSELenskart Solutions LimitedLowNeutral
Announced Wed, 20 May · 15:25 IST

Lenskart Solutions Limited has informed the Exchange regarding Outcome of Board Meeting held on May 20, 2026.

Board & Shareholder Meetings View source PDF

LENSKART · price

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Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹492.65
prior close
₹486.00
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AI summary

Lenskart Solutions Limited reported strong audited financial results for FY26 ending March 31, 2026. Standalone revenue from operations reached Rs 52,418.35 million (vs Rs 40,392.63 million in FY25), with profit after tax of Rs 4,758.84 million, nearly 2.5x the Rs 1,880.72 million in FY25. Basic EPS improved significantly to Rs 2.80 from Rs 1.12. Total assets grew to Rs 1,20,288.67 million from Rs 86,573.37 million. The board approved additional investment in OWNDAYS Inc. Japan through its Singapore subsidiary, and in-principle approved a merger of two wholly-owned subsidiaries (Dealskart Online Services and Lenskart Eyetech) with the company to streamline operations. PwC Services LLP was reappointed as internal auditors and DPV & Associates LLP as secretarial auditor. Equity shares were allotted to employees upon exercise of vested ESOP options.

Likely market impact

Strong financial performance with near 2.5x PAT growth and significant EPS improvement reflects operational scale-up post-IPO. The merger proposal aims to reduce administrative costs and simplify the group structure, which could improve operational efficiency going forward.