{"id":340782,"date":"2026-11-05T15:16:39","date_gmt":"2026-11-05T09:46:39","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=340782"},"modified":"2026-11-05T15:16:39","modified_gmt":"2026-11-05T09:46:39","slug":"lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/","title":{"rendered":"Lenskart Growth Strategy: Why Investors Backed Growth Over Margins in Q2 Results, With Profit More Than Doubling to Rs 232 Crore and the Stock Giving Up Early Gains"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Lenskart Rs 717.10 (+3.97%) after Q2 FY27: revenue Rs 2,845 cr (+35.7%), PAT Rs 232.45 cr (+124.7%). NSE, about 3:10 PM IST, 5 Nov 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Lenskart growth strategy is getting investor support after the Lenskart Q2 results. Consolidated revenue rose 35.7% to Rs 2,845 crore and profit more than doubled to Rs 232.45 crore, while margins also widened. The stock traded at Rs 717.10 on 5 November 2026, but valuation remains high.<\/p>\n<\/p><\/div>\n<p>The <strong>Lenskart growth strategy<\/strong> is getting investor support after the <strong>Lenskart Q2 results<\/strong>, with revenue up 35.7% to Rs 2,845 crore and profit more than doubling to Rs 232.45 crore. The stock traded at Rs 717.10, up 3.97%, on the NSE as of about 3:10 PM IST on 5 November 2026. This guide covers the numbers, the margin trend, brokerage views and the risks. It is not investment advice.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Lenskart_Share_Price_After_the_Results\" title=\"Lenskart Share Price After the Results\">Lenskart Share Price After the Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Lenskart_Q2_Results_The_Numbers\" title=\"Lenskart Q2 Results: The Numbers\">Lenskart Q2 Results: The Numbers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#The_Lenskart_Growth_Strategy_India_and_International\" title=\"The Lenskart Growth Strategy: India and International\">The Lenskart Growth Strategy: India and International<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Growth_Over_Margin_What_the_Results_Show\" title=\"Growth Over Margin: What the Results Show\">Growth Over Margin: What the Results Show<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#What_Brokerages_Said_Before_the_Results\" title=\"What Brokerages Said Before the Results\">What Brokerages Said Before the Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Risks_and_Valuation\" title=\"Risks and Valuation\">Risks and Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Frequently_Asked_Questions_on_the_Lenskart_Growth_Strategy\" title=\"Frequently Asked Questions on the Lenskart Growth Strategy\">Frequently Asked Questions on the Lenskart Growth Strategy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#What_were_Lenskarts_Q2_FY27_results\" title=\"What were Lenskart&#x27;s Q2 FY27 results?\">What were Lenskart&#x27;s Q2 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#What_is_the_Lenskart_share_price_today\" title=\"What is the Lenskart share price today?\">What is the Lenskart share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#What_is_the_Lenskart_growth_strategy\" title=\"What is the Lenskart growth strategy?\">What is the Lenskart growth strategy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Did_Lenskarts_margins_improve_in_Q2\" title=\"Did Lenskart&#x27;s margins improve in Q2?\">Did Lenskart&#x27;s margins improve in Q2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#How_did_Lenskarts_India_and_international_businesses_perform\" title=\"How did Lenskart&#x27;s India and international businesses perform?\">How did Lenskart&#x27;s India and international businesses perform?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#What_are_brokerages_saying_about_Lenskart\" title=\"What are brokerages saying about Lenskart?\">What are brokerages saying about Lenskart?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Is_the_Lenskart_share_price_expensive\" title=\"Is the Lenskart share price expensive?\">Is the Lenskart share price expensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/lenskart-growth-strategy-q2-results-profit-doubles-share-price-5-november-2026\/#Should_I_buy_Lenskart_shares_after_the_Q2_results\" title=\"Should I buy Lenskart shares after the Q2 results?\">Should I buy Lenskart shares after the Q2 results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Lenskart_Share_Price_After_the_Results\"><\/span><strong>Lenskart Share Price After the Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/univest.in\/stocks\/lenskart\/lenskart-solutions-ltd-share-price-today\">Lenskart Solutions<\/a> opened at Rs 750 against a previous close of Rs 689.70 and hit a high of Rs 762.75, about 10.6% above the close by our arithmetic. It later traded at Rs 717.10, so the early gain narrowed to about 4%.<\/p>\n<table>\n<thead>\n<tr>\n<th>Price point<\/th>\n<th>Rs<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Latest traded (NSE)<\/td>\n<td>717.10 (+3.97%)<\/td>\n<\/tr>\n<tr>\n<td>Previous close<\/td>\n<td>689.70<\/td>\n<\/tr>\n<tr>\n<td>Open<\/td>\n<td>750.00<\/td>\n<\/tr>\n<tr>\n<td>Day high and low<\/td>\n<td>762.75 and 706.15<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market reports differ on the intraday gain, with figures of 6% to 8% at different times, because they were written at different hours. The broader market was strong, with the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> up 2.47%, so part of the move is market-wide.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Lenskart_Q2_Results_The_Numbers\"><\/span><strong>Lenskart Q2 Results: The Numbers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Q2 FY27<\/th>\n<th>Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue from operations (reported)<\/td>\n<td>Rs 2,845 crore<\/td>\n<td>+35.7%<\/td>\n<\/tr>\n<tr>\n<td>Revenue (pro forma basis)<\/td>\n<td>Rs 2,845 crore<\/td>\n<td>+32.5%<\/td>\n<\/tr>\n<tr>\n<td>Net profit (reported)<\/td>\n<td>Rs 232.45 crore<\/td>\n<td>+124.7%<\/td>\n<\/tr>\n<tr>\n<td>Profit after tax (pro forma)<\/td>\n<td>Rs 232 crore<\/td>\n<td>+106.1%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>Rs 624 crore<\/td>\n<td>+46.6%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA margin<\/td>\n<td>21.9%<\/td>\n<td>Wider<\/td>\n<\/tr>\n<tr>\n<td>EBITDA margin before Ind AS 116<\/td>\n<td>13.8%<\/td>\n<td>Up from 11.1%<\/td>\n<\/tr>\n<tr>\n<td>H1 FY27 revenue<\/td>\n<td>Rs 5,559 crore<\/td>\n<td>+33%<\/td>\n<\/tr>\n<tr>\n<td>H1 FY27 profit after tax<\/td>\n<td>Rs 461 crore<\/td>\n<td>About 87% of FY26 profit<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Reports use two bases. Reported consolidated revenue is compared with Rs 2,096 crore a year ago, while the company&#8217;s pro forma comparison uses Rs 2,147 crore, so the growth rate is 35.7% or 32.5%. Press reports also show product margin at 70.0%, up from 69.2%. Motilal Oswal had estimated revenue of Rs 2,784 crore and adjusted profit of about Rs 205 crore, so by our arithmetic the quarter beat on revenue by about 2% and on profit by about 13%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Lenskart_Growth_Strategy_India_and_International\"><\/span><strong>The Lenskart Growth Strategy: India and International<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Segment<\/th>\n<th>Revenue<\/th>\n<th>EBITDA<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>India<\/td>\n<td>Rs 1,668 crore (+35.3%)<\/td>\n<td>Rs 362 crore (+50.5%)<\/td>\n<\/tr>\n<tr>\n<td>International<\/td>\n<td>Rs 1,201 crore (+29.5%)<\/td>\n<td>Rs 264 crore (+45.9%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>DSIJ reported that India same-store sales grew 20.8% and that Lenskart added a net 143 India stores in the quarter, taking active India stores to 2,868. Other reports cite 165 new stores, so check the investor presentation. International EBITDA before Ind AS 116 rose 86.8% to Rs 127 crore, a margin of 10.6% against 7.3%.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare retail and consumer stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Growth_Over_Margin_What_the_Results_Show\"><\/span><strong>Growth Over Margin: What the Results Show<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mint&#8217;s headline says investors prefer growth over margins. The results show both moving together, because the pre-Ind AS 116 EBITDA margin widened by about 2.7 percentage points while revenue grew by roughly a third. Earlier results commentary summarised by Quartr said the company focuses on growth and market share, with margin improvement as a natural outcome of scale and integration. Cash was Rs 3,855 crore and return on capital employed improved to 22.5% from 19%, according to DSIJ.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Brokerages_Said_Before_the_Results\"><\/span><strong>What Brokerages Said Before the Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Brokerage<\/th>\n<th>View<\/th>\n<th>Target (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Motilal Oswal<\/td>\n<td>Buy (30 September)<\/td>\n<td>800<\/td>\n<\/tr>\n<tr>\n<td>Morgan Stanley<\/td>\n<td>Overweight (30 September)<\/td>\n<td>718<\/td>\n<\/tr>\n<tr>\n<td>Jefferies<\/td>\n<td>Buy (August)<\/td>\n<td>680<\/td>\n<\/tr>\n<tr>\n<td>Macquarie<\/td>\n<td>Outperform (August)<\/td>\n<td>675<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>These targets are from reports in August and September, before the Q2 results, and may be revised. Citi had a neutral rating in August, saying much of the expected growth may be reflected in the valuation. At Rs 717.10 the price is close to Morgan Stanley&#8217;s target and about 12% below Motilal Oswal&#8217;s by our arithmetic.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to follow Lenskart and retail stocks on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_and_Valuation\"><\/span><strong>Risks and Valuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Risk<\/th>\n<th>Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>High valuation<\/td>\n<td>DSIJ cites a trailing P\/E of about 154 and EV\/EBITDA of about 49<\/td>\n<\/tr>\n<tr>\n<td>Smaller-town rollout<\/td>\n<td>Needs eye-testing capacity, logistics and trained staff<\/td>\n<\/tr>\n<tr>\n<td>International margins<\/td>\n<td>About 10.6% before Ind AS 116, lower than India<\/td>\n<\/tr>\n<tr>\n<td>Expectations<\/td>\n<td>The stock gave up part of its early gain<\/td>\n<\/tr>\n<tr>\n<td>Data differences<\/td>\n<td>Growth rates differ by reporting basis<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Lenskart growth strategy<\/strong> is delivering faster revenue and wider margins, which explains the investor response to the Q2 results. High valuation and execution risk remain, so read the filing and the investor presentation before drawing conclusions.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_the_Lenskart_Growth_Strategy\"><\/span><strong>Frequently Asked Questions on the Lenskart Growth Strategy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Lenskarts_Q2_FY27_results\"><\/span><strong>What were Lenskart&#x27;s Q2 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Consolidated revenue from operations rose 35.7% to Rs 2,845 crore and net profit rose 124.7% to Rs 232.45 crore. On the company&#x27;s pro forma basis, revenue grew 32.5% and profit after tax grew 106.1%. EBITDA was Rs 624 crore with a margin of 21.9%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Lenskart_share_price_today\"><\/span><strong>What is the Lenskart share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lenskart traded at Rs 717.10 on the NSE, up 3.97%, as of about 3:10 PM IST on 5 November 2026. It opened at Rs 750, touched Rs 762.75 and the previous close was Rs 689.70.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Lenskart_growth_strategy\"><\/span><strong>What is the Lenskart growth strategy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lenskart combines an omnichannel store network with its own manufacturing and technology. It adds stores in India and expands internationally. Earlier commentary summarised by Quartr says it focuses on growth and market share, with margin gains following scale.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_Lenskarts_margins_improve_in_Q2\"><\/span><strong>Did Lenskart&#x27;s margins improve in Q2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes. The EBITDA margin before Ind AS 116 rose to 13.8% from 11.1% and product margin was reported at 70.0% against 69.2%. International EBITDA margin before Ind AS 116 was 10.6% against 7.3%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Lenskarts_India_and_international_businesses_perform\"><\/span><strong>How did Lenskart&#x27;s India and international businesses perform?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> India revenue rose 35.3% to Rs 1,668 crore and EBITDA rose 50.5% to Rs 362 crore. International revenue rose 29.5% to Rs 1,201 crore and EBITDA rose 45.9% to Rs 264 crore. DSIJ also reported India same-store sales growth of 20.8%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_brokerages_saying_about_Lenskart\"><\/span><strong>What are brokerages saying about Lenskart?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Before the Q2 results, Motilal Oswal had a Buy with a target of Rs 800, Morgan Stanley an Overweight with Rs 718, Jefferies a Buy with Rs 680 and Macquarie an Outperform with Rs 675. Citi was neutral in August. Targets may be revised after the results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Lenskart_share_price_expensive\"><\/span><strong>Is the Lenskart share price expensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> DSIJ cites a trailing price-to-earnings ratio of about 154 and EV\/EBITDA of about 49, which are high. High multiples leave less room for slippage in growth or margins. Compare them with the pace of earnings growth before drawing conclusions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_Lenskart_shares_after_the_Q2_results\"><\/span><strong>Should I buy Lenskart shares after the Q2 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest cannot give personal advice. The results were strong, but the valuation is high and the stock gave up part of its early gain. Review the filing, check your risk limit and consult a SEBI-registered adviser before acting.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What were Lenskart's Q2 FY27 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Consolidated revenue from operations rose 35.7% to Rs 2,845 crore and net profit rose 124.7% to Rs 232.45 crore. On the company's pro forma basis, revenue grew 32.5% and profit after tax grew 106.1%. EBITDA was Rs 624 crore with a margin of 21.9%.\"}},{\"@type\":\"Question\",\"name\":\"What is the Lenskart share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lenskart traded at Rs 717.10 on the NSE, up 3.97%, as of about 3:10 PM IST on 5 November 2026. It opened at Rs 750, touched Rs 762.75 and the previous close was Rs 689.70.\"}},{\"@type\":\"Question\",\"name\":\"What is the Lenskart growth strategy?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lenskart combines an omnichannel store network with its own manufacturing and technology. It adds stores in India and expands internationally. Earlier commentary summarised by Quartr says it focuses on growth and market share, with margin gains following scale.\"}},{\"@type\":\"Question\",\"name\":\"Did Lenskart's margins improve in Q2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The EBITDA margin before Ind AS 116 rose to 13.8% from 11.1% and product margin was reported at 70.0% against 69.2%. International EBITDA margin before Ind AS 116 was 10.6% against 7.3%.\"}},{\"@type\":\"Question\",\"name\":\"How did Lenskart's India and international businesses perform?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"India revenue rose 35.3% to Rs 1,668 crore and EBITDA rose 50.5% to Rs 362 crore. International revenue rose 29.5% to Rs 1,201 crore and EBITDA rose 45.9% to Rs 264 crore. DSIJ also reported India same-store sales growth of 20.8%.\"}},{\"@type\":\"Question\",\"name\":\"What are brokerages saying about Lenskart?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Before the Q2 results, Motilal Oswal had a Buy with a target of Rs 800, Morgan Stanley an Overweight with Rs 718, Jefferies a Buy with Rs 680 and Macquarie an Outperform with Rs 675. Citi was neutral in August. Targets may be revised after the results.\"}},{\"@type\":\"Question\",\"name\":\"Is the Lenskart share price expensive?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"DSIJ cites a trailing price-to-earnings ratio of about 154 and EV\/EBITDA of about 49, which are high. High multiples leave less room for slippage in growth or margins. Compare them with the pace of earnings growth before drawing conclusions.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy Lenskart shares after the Q2 results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest cannot give personal advice. The results were strong, but the valuation is high and the stock gave up part of its early gain. Review the filing, check your risk limit and consult a SEBI-registered adviser before acting.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lenskart growth strategy after Q2 results: revenue up 35.7%, profit Rs 232 crore, margins wider. Share price, brokerage views, risks.<\/p>\n","protected":false},"author":35,"featured_media":340781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5331],"tags":[5477,20729,20728,7729,7726,11030],"class_list":["post-340782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-https-univest-in-blogs-category-results","tag-ebitda-margin","tag-eyewear-retailer","tag-lenskart-growth-strategy","tag-lenskart-q2-results","tag-lenskart-share-price","tag-q2-fy27"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["340781"],"rank_math_title":["Lenskart Growth Strategy: Q2 Results Profit Doubles"],"rank_math_description":["Lenskart growth strategy after Q2 results: revenue up 35.7%, profit Rs 232 crore, margins wider. 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