Lenskart Solutions Ltd. remained in focus on Thursday after a block deal involving shares worth nearly ₹1,960 crore.
Around 4 crore shares, representing about 2.3% equity, changed hands at ₹490 apiece, a discount of roughly 2.1% to the previous closing price.
The company has a market capitalisation of ₹87,622.82 crore.
During the session, the stock rose as much as 0.9% to ₹505.15, compared with its previous close of ₹500.50.
Reports point to ADIA-linked entity
The buyers and sellers were not immediately disclosed.
However, according to CNBC-TV18, Platinum Jasmine A 2018 Trust, an investment vehicle linked to the Abu Dhabi Investment Authority (ADIA), was the likely seller.
The report said:
- The floor price was set at ₹486 per share
- The seller’s remaining stake would be subject to a 90-day lock-in period
Revenue growth remains strong
Lenskart reported strong growth in the fourth quarter of FY26.
Revenue from operations rose:
- 45.6% year-on-year to ₹2,516 crore, from ₹1,728 crore in Q4FY25
- 9% sequentially, from ₹2,308 crore in Q3FY26
Profit declines on annual basis
Net profit stood at ₹204 crore during Q4FY26.
Compared with earlier periods:
- Profit fell 7.3% year-on-year from ₹220 crore
- Profit rose 53.4% quarter-on-quarter from ₹133 crore
Financial indicators
According to the company:
- Return on capital employed (ROCE) stood at 8.44%
- Return on equity (ROE) was 6.86%
- Debt-to-equity ratio was 0.35
The company reported a 77% compound annual growth rate in profit over the last five years.
AI strategy and expansion plans
Management said FY26 marked a defining year and outlined plans to deepen the use of artificial intelligence across operations.
AI is being deployed in:
- Eye testing
- Manufacturing
- Product design
- Store operations
- Delivery systems
- Customer experience tools
The company is also working to improve delivery speeds and has introduced same-day fulfilment in selected markets.
Stores are expected to serve multiple roles, including:
- Retail outlets
- Clinics
- Warehouses
- Last-mile delivery hubs
Lenskart is also investing in smart glasses under its “B by Lenskart” brand.
Focus for FY27
Management expects medium-term volume growth of around 25% annually.
Store additions during FY27 are expected to remain broadly in line with FY26.
Growth plans include:
- Expansion in overseas markets
- Partnerships and collaborations
- Selective acquisitions
Company profile
Lenskart Solutions designs, manufactures and sells eyeglasses, sunglasses and contact lenses through an omnichannel model that combines online platforms with a large network of physical stores.
The company has also been expanding its presence outside India while investing in manufacturing and wearable technology.
TL;DR:
Lenskart shares were in focus after a block deal worth about ₹1,960 crore involving nearly 4 crore shares. Reports identified ADIA-linked Platinum Jasmine A 2018 Trust as the likely seller. The company continues to target growth through AI integration and international expansion.
AI summary:
- Around 4 crore Lenskart shares changed hands in a ₹1,960 crore block deal.
- CNBC-TV18 reported Platinum Jasmine A 2018 Trust as the likely seller.
- Shares were sold at ₹490 apiece.
- Q4FY26 revenue rose 45.6% year-on-year to ₹2,516 crore.
- Management expects medium-term volume growth of around 25%.
