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SME Scorecard · LENSKART · as of Mar 2026

Lenskart Solutions Ltd

Price
₹681.3
-0.52% · as of 07 Oct, 3:30 pm
Market cap
₹1,18,499 Cr
latest
P / E
180.0
trailing
52-week
356 – 725
low – high
Run the valuation reportFull data page
B
67/100
16 of 19 signals scored
Five pillars

Every signal, with the figure it came from.

Growth
weight 25
92
  1. Revenue CAGR, 3y
    ₹3,788 Cr (Mar 2023) → ₹8,814 Cr (Mar 2026).
    32.5%
    100
    Good
  2. Profit CAGR, 3y
    Turned from ₹-64 Cr (Mar 2023) to ₹501 Cr (Mar 2026); CAGR undefined, fixed at 75.
    Loss → profit
    75
    Good
  3. Latest quarter revenue YoY
    Jun 2026: ₹2,714 Cr vs Jun 2025: ₹1,894 Cr.
    43.3%
    100
    Good
Profitability
weight 25
56
  1. Return on equity
    Top-ratio ROE.
    6.3%
    25
    Flag
  2. Return on capital employed
    Top-ratio ROCE.
    8.1%
    32
    Watch
  3. Operating margin
    OPM for Mar 2026.
    20%
    67
    Good
  4. Margin trend
    OPM 7% (Mar 2023) → 20% (Mar 2026).
    +13.0 pp
    100
    Good
Balance sheet
weight 20
48
  1. Debt to equity
    Borrowings ₹3,097 Cr ÷ net worth ₹8,738 Cr (Mar 2026).
    0.4×
    82
    Good
  2. Interest cover
    (PBT ₹680 Cr + interest ₹178 Cr) ÷ interest, Mar 2026.
    4.8×
    55
    Good
  3. Debt growth vs revenue growth, 3y
    Revenue CAGR 32.5% minus borrowings CAGR 49.1%.
    -16.6 pp
    8
    Flag
Cash conversion
weight 15
88
  1. Cash from operations ÷ profit, 3 FY
    CFO ₹3,388 Cr ÷ net profit ₹788 Cr, cumulative.
    4.3×
    100
    Good
  2. Free-cash-flow-positive years of 3
    Mar 2026: ₹846 Cr · Mar 2025: ₹805 Cr · Mar 2024: ₹55 Cr
    3 of 3
    100
    Good
  3. Debtor days
    As of Mar 2026.
    7 days
    100
    Good
  4. Accounting flags
    capitalising interest.
    1 flag
    50
    Watch
Governance
weight 15
50
  1. Promoter holding
    Quarter ended Jun 2026.
    17.53%
    0
    Flag
  2. Promoter holding change
    Needs at least four quarters of shareholding data.
    —
    —
    Not scored
  3. Promoter pledge
    A pledge is only reported when one exists; none listed here, but this is not confirmation of zero.
    —
    —
    Not scored
  4. Institutional holding
    FII 12.76% + DII 23.56%, Jun 2026.
    36.32%
    100
    Good
  5. Auditor & related-party flags
    Not in the source data. Not scored; read the annual report.
    —
    —
    Not scored
Four lenses

The same card, read for each segment.

Pre-listing01
Founders benchmarking an issue

Benchmarking a listing against Lenskart Solutions: the market pays 180.0× earnings for 32.5% revenue CAGR over 3 years at a 20% operating margin, with promoters holding 17.53%. Debt to equity of 0.4× is the leverage bar peers will compare a new issue against.

Retail02
Two numbers and the flags

Grade B (67/100). ROE 6.3% and debt to equity 0.4× are the two numbers to remember. Watch: Return on equity 6.3%; Debt growth vs revenue growth -16.6 pp; Promoter holding 17.53%. Price sits 88% of the way up its 52-week range.

HNI03
Float and position sizing

Float check: promoters 17.53%, institutions 36.32%, public 45.73% across 1,35,967 shareholders on a ₹1,18,499 Cr market cap. Leverage and cash items to size for: Debt growth vs revenue growth -16.6 pp; Accounting flags 1 flag.

Institutional04
Diligence priorities

Diligence priorities: Promoter holding 17.53%; Accounting flags 1 flag. Auditor changes, related-party dealings and contingent liabilities are not scored here and need the filings.

How this score is built

Arithmetic, not opinion.

Five pillars, weighted Growth 25, Profitability 25, Balance sheet 20, Cash conversion 15, Governance 15. Each pillar is the plain average of its scored signals; the overall is the weighted average of scored pillars, renormalised when a pillar has nothing to score. Grades: A at 75 or above, B at 60, C at 45, D below.

Each signal maps a reported figure to 0–100 on a straight ramp between two anchors (for example ROE 0% → 0, 25% → 100) or, for trends, 50 ± a fixed amount per percentage point. There is no model, no weighting by sector, and no judgement call in the arithmetic.

Inputs are the reported tables: annual profit and loss, balance sheet, cash flow, ratios and the quarterly shareholding pattern. A promoter pledge is scored only when one is reported, so “not scored” there is not a clean bill. Auditor changes, related-party dealings and contingent liabilities are never in the input and are listed as not scored so the gap is visible. Banks and NBFCs use a different P&L layout, so several signals will show as not scored. Informational only — not investment advice.

General disclaimer

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The report is based on information obtained from public and other sources believed reliable, but BCAPL makes no representation as to its accuracy or completeness. Opinions, estimates, target prices and projections are as of the report date, rest on stated assumptions, and are subject to change without notice. They are not assurances of returns. Any investment made on the basis of this report is subject to market risk, and there is no recourse to claim losses incurred on such investments. Past performance is not indicative of future results.

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