Lenskart Solutions Limited Unlisted Shares - Company Overview
Lenskart Solutions Limited, also popularly known as Lenskart, is an unlisted public company incorporated on 19 May, 2008. It is classified as a public limited company and is located in Delhi. It's authorized share capital is INR 649.95 cr and the total paid-up capital is INR 330.59 cr.
Lenskart Solutions Limited, doing business as Lenskart, is an Indian eyewear company that designs, manufactures, and retails eyewear products like eyeglasses, sunglasses, and contact lenses. They operate through an omnichannel model, offering both online and offline sales via their website, mobile app, and over 2,000 physical stores. Lenskart also provides services like home eye tests and virtual try-on features.
Lenskart Solutions Limited Share Price, Share Details as of March 31, 2025
| Lenskart Solutions Limited Outstanding Shares: | 1,66,14,68,908 |
| Face Value of Lenskart Solutions Share | Rs. 2/- Per Equity Share |
| ISIN of Lenskart Solutions Limited Share | INE956O01016 |
| Lot Size of Lenskart Solutions Share | 100 |
| Lenskart Solutions Share Price | Best In Industry |
| PAN Number of Lenskart Solutions | AACCV7324B |
| GST Number of Lenskart Solutions | 07AACCV7324B1ZM |
Lenskart Solutions Limited Incorporation Details
| Lenskart Solutions Limited CIN Number | U33100DL2008PLC178355 |
| Lenskart Solutions Limited Registration Date | 19 May 2008 |
| Category / Sub-Category of Lenskart Solutions Limited | Company limited by Shares/Non-govt company |
| Lenskart Solutions Limited Registered Office Address | Plot No. 151, Okhla Industrial Estate, Phase-3, Okhla Industrial Estate, South Delhi, New Delhi, Delhi, India, 110020 |
| Registrar Transfer Agent (RTA) Information | MUFG INTIME INDIA PRIVATE LIMITED |
Lenskart Solutions Limited Board of Directors
| Directors | Post |
| Anant Gupta | Director |
| Jayesh Tulsidas Merchant | Independent Director |
| Peyush Bansal | Managing Director |
| Neha Bansal | Whole-Time Director |
| Sayali Karanjkar | Independent Director |
| Ashish Kashyap | Independent Director |
| Amit Chaudhary | Whole-Time Director |
| Bijou Kurien | Independent Director |
Lenskart Solutions Ltd Principal Business Activities
| Name and Description of main products/services | NIC Code of the product/service* | % to the total turnover of the Company |
| Manufacture of medical appliances and instruments and appliances for measuring, checking, testing, navigating and other purposes except optical instruments | 331 | 100% |
Lenskart Solutions Limited Shareholding Pattern (as on 31-03-2025)
| Category | No. of Shares | % of Shares held |
| Promoters | 1,056,752,410 | 63.60% |
| Public Shareholding | 60,47,16,498 | 36.40% |
| Total | 1,66,14,68,908 | 100.00% |
Lenskart Solutions Limited Consolidated Balance Sheet (Rs in Millions)
| Particulars | 31-03-2025 | 31-03-2024 |
| Non-current assets | ||
| Property, plant and equipment | 13,404.67 | 9,453.11 |
| Capital work-in-progress | 1,069.03 | 708.34 |
| Investment properties | - | 9,663.31 |
| Goodwill | 18,755.94 | 18,673.83 |
| Other Intangible assets | 9,067.04 | 9,074.69 |
| Right to use asset | 21,085.01 | 8,143.87 |
| Investments (Equity Method) | 313.08 | 265.80 |
| Investments (Financial) | 187.03 | 150.67 |
| Other financial assets | 2,504.37 | 3,608.93 |
| Deferred Tax Assets | 814.68 | 444.57 |
| Non current tax assets | 706.46 | 315.43 |
| Other non-current assets | 502.54 | 434.63 |
| Current assets | ||
| Inventories | 10,814.39 | 6,880.79 |
| Investments | 9,878.31 | 9,615.64 |
| Trade receivables | 1,258.89 | 3,413.95 |
| Cash and cash equivalents | 6,542.19 | 3,021.34 |
| Bank balance other than C&CE | 2,106.59 | 5,030.70 |
| Other financial assets | 2,799.13 | 4,287.18 |
| Other current assets | 2,900.84 | 2,123.43 |
| Total Assets | 1,04,710.19 | 95,310.21 |
| Equity | ||
| Equity Share Capital | 1,543.37 | 154.18 |
| Instruments entirely equity in nature | 1,670.97 | 1,669.58 |
| Other equity | 57,773.00 | 54,669.10 |
| Non-Controlling Interest | 1,074.36 | 1,066.64 |
| Non-Current Liabilities | ||
| Borrowings | 2,115.30 | 2,681.08 |
| Lease Liabilities | 17,011.90 | 12,906.43 |
| Other financial liabilities | 1,765.09 | 4,423.92 |
| Provisions | 920.21 | 659.19 |
| Other non-current liabilities | 635.56 | 469.32 |
| Deferred tax liabilities | 1,514.97 | 1,510.34 |
| Current liabilities | ||
| Borrowings | 1,344.09 | 2,290.46 |
| Lease Liabilities | 5,256.44 | 3,880.46 |
| Trade Payables: | ||
| Total Outstanding dues of micro & small enterprises | 482.71 | 255.71 |
| Total Outstanding dues of creditors other than above | 6,916.85 | 4,905.95 |
| Other financial Liabilities | 929.25 | 1,020.29 |
| Other current liabilities | 2,724.57 | 1,918.81 |
| Provisions | 762.02 | 514.79 |
| Current tax liabilities | 269.53 | 313.96 |
| Total equity and liabilities | 1,04,710.19 | 95,310.21 |
Lenskart Solutions Limited Consolidated Profit & Loss Statement (Rs in Millions)
| Particulars | 31-03-2025 | 31-03-2024 |
| Income | ||
| Revenue from operations | 66,525.17 | 54,277.03 |
| Other income | 3,567.59 | 1,821.69 |
| Total income | 70,092.76 | 56,098.72 |
| Expenses | ||
| Cost of raw materials and components consumed | 17,603.27 | 14,829.42 |
| Purchases of stock in trade | 4,573.45 | 3,473.70 |
| Changes in inventory of traded and finished goods | -832.68 | -541.72 |
| Employee benefits expense | 13,787.54 | 10,864.90 |
| Finance costs | 1,458.90 | 1,229.89 |
| Depreciation and amortization expense | 7,965.69 | 6,722.40 |
| Other expenses | 21,638.61 | 18,917.34 |
| Total expenses | 66,194.78 | 55,495.94 |
| Profit before share of (loss) of associates and JVs | 3,897.98 | 602.78 |
| Share of (loss) of associates and JVs | -44.42 | -12.47 |
| Profit before tax | 3,853.56 | 590.31 |
| Current tax | 1,023.64 | 593.22 |
| Adjustment of tax relating to earlier periods | - | -26.04 |
| Deferred tax (credit)/charge | -143.48 | 124.67 |
| Profit/(Loss) for the year | 2,973.40 | -101.54 |
| Other comprehensive (Loss) | ||
| Items that will not be reclassified to profit or loss | ||
| Re-measurement (loss) on defined benefit plan | -10.12 | -13.41 |
| Income tax affect | 0.62 | - |
| Items that will be reclassified to profit or loss | ||
| Exchange differences on translation of financial statements of foreign operations | -163.94 | -190.42 |
| Other comprehensive (Loss) for the year | -173.44 | -203.83 |
| Total Comprehensive Income/(Loss) for the year | 2,799.96 | -305.37 |
| Net Profit/(Loss) attributable to: | ||
| Owners of the Holding Company | 2,955.89 | -174.61 |
| Non-Controlling Interest | 17.51 | 73.07 |
| Other Comprehensive Income/(Loss) attributable to: | ||
| Owners of the Holding Company | -174.23 | -237.61 |
| Non-Controlling Interest | 0.79 | 33.78 |
| Total Comprehensive Income/(Loss) attributable to: | ||
| Owners of the Holding Company | 2,781.66 | -412.22 |
| Non-Controlling Interest | 18.30 | 106.85 |
| Earnings/(Loss) per Equity share | ||
| Basic | 1.77 | -0.11 |
| Diluted | 1.76 | -0.11 |
Lenskart Solutions Limited Consolidated Cash Flow Statement (Rs in Millions)
| Particulars | 31-03-2025 | 31-03-2024 |
| Cash Flow from Operating Activities | ||
| Profit before tax | 3,853.56 | 590.31 |
| Adjustments for: | ||
| Gain on redemption / FV of mutual fund units | -726.59 | -641.43 |
| Grant income | -56.18 | -34.75 |
| Interest income | -724.72 | -850.86 |
| Impairment of goodwill | 10.87 | - |
| Miscellaneous income | -21.48 | -126.14 |
| FV (loss)/gain on fin. liabilities/equity at FVTPL (net) | 5.32 | -27.11 |
| Management advisory fees | -15.00 | -9.22 |
| FVTPL gain on deferred consideration | -1,671.98 | 20.00 |
| Loss on disposal of PPE & Intangibles | 57.53 | 69.34 |
| Depreciation & amortization | 7,965.69 | 6,722.40 |
| Finance costs | 1,458.90 | 1,229.89 |
| Gain on termination of leases | -18.35 | -6.63 |
| Provision for warranty | 167.25 | 117.69 |
| Share‑based payment | 88.95 | 62.17 |
| Unrealised FX gain (net) | -46.25 | 38.72 |
| Dividend income | - | -29.53 |
| Provision for dividend | 29.53 | - |
| Duty drawback | -0.15 | -0.47 |
| Amortised‑cost adj. for borrowings | 0.98 | 5.38 |
| Allowance for doubtful debts | -15.77 | -31.10 |
| Share of (loss)/profit of associates & JV (net) | 44.42 | 12.47 |
| Gain on FV of call option | -106.93 | - |
| Operating profit before WC changes | 10,279.60 | 7,111.13 |
| Decrease/(Increase) in inventories | -4,027.48 | -1,152.41 |
| Decrease/(Increase) in other financial assets | 3,969.81 | -507.26 |
| Increase in other assets | -660.38 | -578.31 |
| Decrease/(Increase) in trade receivables | 2,274.64 | -949.84 |
| (Decrease)/Increase in other financial liabilities | 122.78 | -12.39 |
| Increase in other liabilities | 981.07 | 287.15 |
| Increase in trade payables | 219.07 | 1,245.44 |
| Increase in provisions | 204.47 | 11.46 |
| Cash generated from operations | 13,363.58 | 5,454.97 |
| Income‑tax paid (net) | -1,057.26 | -581.14 |
| Net cash from operating activities | 12,306.32 | 4,873.83 |
| Cash Flow from Investing Activities | ||
| Purchase of PPE, CWIP, IP & ROU assets | -4,164.41 | -4,306.44 |
| Purchase of intangible assets & goodwill | -102.59 | -70.56 |
| Proceeds from sale of PPE & Intangibles | 9.94 | 53.26 |
| Acquisition of shares in JV/Associates | -47.28 | -109.45 |
| Investment in preference shares | -26.63 | - |
| Acquisition of investments in subsidiary | -1,332.79 | -72.09 |
| Proceeds from sale of investment | - | 11.25 |
| Proceeds from sale of mutual fund units | 8,823.54 | 3,675.00 |
| Investment in mutual fund units | -8,359.62 | -5,135.00 |
| Investment in fixed deposits | - | -4,400.36 |
| Redemption of fixed deposits | 1,901.13 | 10,904.55 |
| Interest received on fixed deposits | 578.44 | 1,036.60 |
| Commercial paper | 61.65 | - |
| Net cash (used in)/from investing activities | -2,658.67 | 1,586.76 |
| Cash Flow from Financing Activities | ||
| Proceeds from issue of share capital | 1,597.87 | 2,244.41 |
| Purchase of treasury shares | -16.38 | -64.99 |
| Settlement of ESOP | -24.43 | -27.60 |
| Repayment of borrowings | -1,912.88 | -5,486.21 |
| Proceeds from borrowings | 1,080.00 | 1,187.20 |
| Principal lease‑liability payments | -4,688.12 | -3,896.27 |
| Interest portion of lease‑liability payments | -1,245.67 | -877.04 |
| Interest paid | -138.15 | -297.18 |
| Net cash (used in) financing activities | -5,347.76 | -7,217.68 |
| Net increase in cash & cash equivalents | 4,299.89 | -757.09 |
| Effect of FX movement on cash | -11.57 | -3.00 |
| Cash & CE of acquired subsidiary | 53.86 | 41.70 |
| Opening cash & cash equivalents | 2,199.93 | 2,918.32 |
| Closing cash & cash equivalents | 6,542.11 | 2,199.93 |
| Cash & cash equivalents of: | ||
| Cash on hand | 26.04 | 21.38 |
| Balances with scheduled bank in current accounts | 6,516.15 | 2,999.96 |
| Bank Overdraft | -0.08 | -821.41 |
| Total | 6,542.11 | 2,199.93 |
| Non-Cash item | ||
| Income from management services in lieu of preference shares | 15.00 | 9.22 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2025:
Cash Flow from Operating Activities
In FY 2025, the company generated a net cash inflow of ₹12,306.32 million from operating activities, up significantly from ₹4,873.83 million in FY 2024. This rise stems primarily from improved profitability, with a Profit Before Tax of ₹3,853.56 million (up from ₹590.31 million). Major non-cash adjustments included depreciation and amortization of ₹7,965.69 million, finance costs of ₹1,458.90 million, and a FVTPL loss on deferred consideration of ₹1,671.98 million (adjusted negatively). Working capital changes further contributed, particularly due to a reduction in trade receivables, increase in other liabilities, and decrease in inventories, aiding operating cash flows.
Cash Flow from Investing Activities
The company saw a net cash outflow of ₹2,658.67 million from investing activities in FY 2025, compared to an inflow of ₹1,586.76 million in FY 2024. Key cash outlays included ₹4,164.41 million spent on property, plant & equipment (PPE), and ₹1,332.79 million for acquiring subsidiaries. However, there were strong inflows from the sale of mutual fund units (₹8,823.54 million) and redemption of fixed deposits (₹1,901.13 million). Interest received on deposits also contributed ₹578.44 million. Despite strong investment recovery, capital expenditures and acquisitions led to overall negative investing cash flow.
Cash Flow from Financing Activities
Financing activities resulted in a net cash outflow of ₹5,347.76 million, slightly better than the previous year’s outflow of ₹7,217.68 million. The company raised ₹1,597.87 million through share issuance but also incurred large outflows including repayment of borrowings (₹1,912.88 million), principal lease payments (₹4,688.12 million), and interest payments totaling over ₹1,383 million. These financing needs reflect the company's ongoing expansion and lease obligations.
Net Increase in Cash & Closing Balance
After accounting for all activities, the company had a net increase in cash of ₹4,299.89 million, reversing last year’s decline. The closing cash and cash equivalents stood at ₹6,542.11 million, up from ₹2,199.93 million in FY 2024. This increase highlights a much stronger cash position driven by improved operational performance and disciplined financial management.
Breakdown of Cash Equivalents
At the end of FY 2025, cash was primarily held in scheduled bank accounts (₹6,516.15 million), with ₹26.04 million in hand and a minimal bank overdraft of ₹0.08 million. This balanced and accessible liquidity supports near-term obligations and operations.
Non-Cash Items
A non-cash income of ₹15.00 million was recognized from management services provided in lieu of preference shares, indicating barter-type transactions being appropriately accounted for.
A V Thomas International Limited Annual Report 2023-24
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