Lenskart share price increased more than 5% in early trading on Monday due to the company's exceptional Q2 FY26 financial performance, its first results since becoming public on the stock market in November. After reaching a high of ₹431.3 on the NSE from the previous close of ₹410.45, the stock is currently trading almost 5% above its IPO price of ₹402. Investors seeking stock to buy now prospects have found the eyeglasses company to be an attractive alternative due to its great profitability, steady sales growth, and strong demand momentum.
Lenskart Share Price Rise as Q2 Profit Jumps 20% YoY After Strong Market Performance
Lenskart reported a 20% YoY increase in net profit to ₹103.5 crore in its first quarterly earnings as a publicly traded firm, up from ₹86.3 crore the previous year. Profit also improved significantly from ₹61.2 crore in the prior quarter. Due to strong success in both domestic and foreign markets, revenue from operations increased 21% year over year to ₹2,096 crore. A major reason boosting enthusiasm about Lenskart share prices is margin improvement, which was made possible by a slower rate of 18% increase in total expenses.
Lenskart’s Rising Demand and Strong Revenue Make It a Promising Stock to Buy Now
With ₹1,230.6 crore in revenue, India continued to be the key growth engine, while international markets brought in ₹879.6 crore, indicating strong worldwide traction. Interestingly, 46% of all eye exams came from new customers, demonstrating Lenskart's capacity to generate new demand as opposed to just gaining market share. Lenskart is well-positioned to benefit from this structural transformation as the eyewear market in India is expected to grow quickly, reaching 389 million pairs sold by FY30. These long-term growth factors have bolstered the case for investors debating whether Lenskart is a stock worth purchasing right now.
Surging Eyewear Demand Strengthens Investor Confidence in Lenskart Share Prices
With roughly 943 million Indians anticipated to require vision correction, Lenskart projects that eyewear penetration in India would increase from 34% in FY24 to 41% by FY30, supported by solid industry fundamentals. By FY30, the prescription eyeglasses market alone is expected to have doubled from $5.9 billion in FY24 to $12.6 billion. The acceptance of multi-use eyeglasses, shorter replacement cycles, and this growing market all contribute to continued revenue visibility, which is another factor boosting investor confidence in Lenskart's share prices.
Lenskart’s Rapid Offline Expansion Drives Strong Long-Term Growth Potential
To gain more market penetration, Lenskart is also aggressively expanding offline. The company opened 203 new stores in H1 FY26, a 136% increase over the prior year. Its presence grew to 2,270 stores in 431 cities, with the biggest increase being in Tier 2+ areas. In addition to growing more quickly, these markets are producing profits on par with those in metropolitan areas. Many experts see Lenskart as a good stock to purchase now for long-term portfolios because of its excellent expansion, growing demand, and solid financial momentum, which have made it a growth-focused retail-tech business.
Conclusion
Lenskart's excellent momentum as a recently listed public player is demonstrated by its outstanding Q2 FY26 performance, robust revenue growth, and quick offline expansion. Lenskart's long-term development story is being strengthened by growing eyewear penetration, rising demand for vision correction, and a distinct leading position in both domestic and international markets. Investor confidence is further bolstered by the aggressive growth of the footprint and the consistent increase in profitability. Even though market conditions could change, the company's fundamentals are still strong, which makes Lenskart a more alluring option for investors assessing Lenskart share price or looking at possible stock to buy now chances in the retail-tech industry.
Disclaimer
This blog is for educational and informational purposes only and should not be considered financial, investment, or trading advice. Stock markets are subject to risks, and past performance does not guarantee future results. Always consult a SEBI-registered financial advisor before making any investment decisions. The companies or stocks mentioned here are included solely for learning and research purposes—not as recommendations. NexGen Trade encourages readers to perform their own analysis and invest responsibly.
Frequently Asked Questions
Why did Lenskart share prices jump today?
Lenskart share prices rose over 5% after the company posted strong Q2 FY26 results with 20% YoY profit growth and robust revenue expansion.
Is Lenskart a good stock to buy now?
Given its solid earnings, aggressive store expansion, rising demand for eyewear, and improving margins, analysts consider Lenskart a potential stock to buy now for long-term growth.
What were Lenskart’s Q2 FY26 financial results?
Lenskart reported a net profit of ₹103.5 crore (20% YoY growth) and revenue of ₹2,096 crore, driven by strong India and international market performance.
How did Lenskart’s business perform across segments?
India contributed ₹1,230.6 crore in revenue, while international markets added ₹879.6 crore, showing strong global momentum.
What are Lenskart’s expansion plans?
The company opened 203 new stores in H1 FY26 and expanded its presence to 2,270 stores across 431 cities, with significant growth in Tier 2-plus locations.
What is the long-term outlook for the eyewear market in India?
Eyewear penetration is expected to rise from 34% to 41% by FY30, with the prescription eyewear market projected to reach $12.6 billion—supporting long-term growth for Lenskart.