Remember those days when getting a pair of glasses in India meant walking into a small, dimly lit optician’s shop, looking through a few frames on the wall, and waiting a week to get a prescription that may or may not be correct? Well, those days are long gone. Thanks to Lenskart’s digital revolution, eyewear is no longer just a medical requirement; it’s a cool fashion statement you can try on virtually from your living room.
With a network of 2,900+ stores across India, Japan, and Southeast Asia, the company is growing at a steady 15-18% annually. Since the company’s successful transition to a public entity following its blockbuster IPO in late 2025, it’s safe to say it has established itself as a global retail giant, with an estimated Lenskart Net Worth (market capitalisation) of ~₹867 billion, or approximately $10.5 billion USD. This journey from a small startup to a multi-billion-dollar enterprise has redefined the limits of Indian entrepreneurship on the global stage. But how did a single vision of a man transform into a global eyewear powerhouse?
Let’s take a look at the Lenskart net worth, its revenue growth, and the wealth of its illustrious founder, Peyush Bansal.
What Is Lenskart?
Lenskart is a multinational eyewear brand based in India that has revolutionised how people buy glasses. The firm is based in Gurugram and operates as an “omnichannel” brand, meaning it sells through a high-tech mobile app, a website, and thousands of retail stores. The firm doesn’t just sell glasses; it also designs and manufactures them. This makes it a major player in the medical equipment industry.
The firm controls the entire gamut from design to distribution and hence ensures a high gross margin of 70%. It sells glasses at competitive industry prices.
Key Offerings Include:
- Eyeglasses: A wide variety of glasses, from retro and vintage to sports and computer glasses.
- Sunglasses: Trendy sunglasses that can be “tried on” via a virtual try-on feature powered by AI.
- Contact Lenses: Daily wear, coloured, and toric (astigmatism).
- Smart Glasses: The firm has just launched “B by Lenskart” glasses powered by AI and compatible with modern technology.
- Accessories: A wide array of accessories, ranging from a complete set of lens cleaning solutions to designer glasses cases and anti-fog solutions.
- Services: Free home eye checks and a membership program called “Lenskart Gold.” It also offers AI-powered personalised glasses recommendations.
- Advanced Diagnostics: Advanced diagnostics using AI-powered eye tests, which are currently operational in over 500 stores.
Additionally, the company has a mega factory in Rajasthan that produces millions of glasses annually. Currently, the company is finalising a massive 50-acre facility in Telangana, which will be the world’s largest eyewear manufacturing facility. This enables them to offer high-quality products at low costs. Moreover, the acquisition of the Japanese eyewear brand Owndays has helped the company succeed in international markets, including Singapore, Taiwan, and Thailand.
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Lenskart Net Worth in Rupees & Dollars
If we consider Lenskart’s Net Worth relative to its market value, the figures are quite impressive. It is clear that the company’s net worth has increased manifold since transitioning from a startup to a global company. After the company was successfully listed on the BSE and the NSE in November 2025, its net worth has remained strong, driven by consistent performance over the past few quarters.
- In Dollars: As of February 2026, Lenskart’s market capitalisation was around $10.5 billion.
- In Rupees: This figure translates to approximately ₹867 billion.
- Post-IPO Listing: After listing at ₹402 per share, the company has risen to around ₹486 per share.
- Global Positioning: Lenskart has become one of the top two largest eyewear retailers in Asia, ranked by volume and market value.
Lenskart Net Worth in Billion & Crores
If we view the company’s net worth from a slightly different perspective, we can clearly see that it has remained quite strong since its transition to the public market. This is evident from the fact that private equity investors previously funded the company.
- Current Valuation: It currently stands at nearly $10 billion, just below the threshold to become a decacorn.
- Stock Market Valuation: During the peak trading sessions of February 2026, the company’s market capitalisation rose above ₹83,000 crore.
- Cash Reserve: The company currently has a healthy cash reserve of over ₹1,700 crore.
- Investor Returns: Even the company’s investors, including SoftBank and ADIA, have seen their investments grow by over 10 times.
Is Lenskart Profitable? (Revenue vs Profit Explained)
For a while now, Lenskart has been focusing on its growth strategy. As a result, the company has seen a few losses. However, the latest financial results clearly depict the company’s brilliant performance. In FY25, the company officially turned the corner and became profitable. This has clearly proved that the D2C business model cannot be questioned anymore.
- Operating Revenue: In FY25, the company achieved operating revenue of ₹6,653 crore. This figure has increased by 23% compared to the revenue of ₹5,428 crore recorded in FY24.
- Net Profit: After recording a small loss in FY24, the company has recorded a net profit of ₹297 crore in FY25.
- Q3 FY26 Performance: In the latest quarter ending December 2025, the company recorded a profit of ₹131 crore. This value has increased by 70 times compared to the same period the previous year.
- EBITDA Margins: Currently, the company’s operating margins stand at 18-22%. This clearly indicates the company’s efficient business model.
- Revenue Breakdown: Approximately 60% of the company’s revenue comes from the Indian market. Additionally, the company earns 40% of its revenue from the Japanese and Singaporean markets.
Moreover, the company’s Lenskart Gold membership has reached over 1.34 crore active members. This clearly indicates the company’s efficient business strategy. As customers repeatedly purchase the company’s products, its business model has ensured a high repeat purchase rate.
Peyush Bansal Net Worth & Billionaire Status
Founder & CEO of Lenskart
Peyush Bansal, the Founder and CEO of Lenskart, has been the face of the company. However, his popularity reached new heights after he appeared as a judge on Shark Tank India. In the series, Peyush Bansal was known for his “visionary” approach to investing in hardware and deep-tech startups. Peyush started the company in 2010, along with Amit Chaudhary and Sumeet Kapahi.
He aimed to organise the messy market by using technology. Today, he is considered one of the most successful entrepreneurs in India. He still gets involved in product innovations, even testing new smart glass technology on himself.
Best Available Estimate of Personal Net Worth
Peyush Bansal’s personal net worth is estimated to be in the range of Rs. 2,500 Crores to Rs. 3,000 Crores (approx. $300M – $360M) in 2026. Although the figure looks huge, it’s important to note that a significant portion of his wealth comprises his stake in Lenskart and his various “Shark” investments. His investment portfolio comprises over 50 startups, including robotics companies.
Peyush Current Net Worth Status
Currently, Peyush Bansal is not a billionaire, but he’s getting closer to becoming one with every rise in the stock prices. As Lenskart’s net worth remains steady at $10 Billion, his personal stake in the company is valued at approximately $800 Million. If the company’s stock price rises another 20-25%, Peyush will become a billionaire.
Lenskart Shareholders & Investors
The company has earned the trust of some of the biggest names in the global investment industry. These investors have provided the company with the capital to acquire brands such as Owndays and invest in tech startups.
Major Shareholders Include:
- SoftBank: The largest institutional investor in Lenskart, with a stake of approximately 19.8%.
- Abu Dhabi Investment Authority (ADIA): It holds a 12.6% stake through various rounds.
- Kedaara Capital: One of the most important private equity players, owning around 11.4%.
- PremjiInvest: Family office of Azim Premji, owning 7.8%.
- Temasek & Fidelity: These are the global giants that led the last funding rounds before Lenskart’s IPO.
- Public Shareholders: Now, these retail and institutional investors hold a large part of the “Free Float” of Lenskart shares.
Is Lenskart the No.1 Eyeglasses Brand in India?
Yes, Lenskart is undoubtedly the No. 1 brand in the Indian organised eyewear market. No one else comes close to Lenskart in terms of store count or digital presence. Delivering glasses in just 24 hours in the top cities of India has given Lenskart a significant “competitive moat.” Here are a few factors backing it up:
- Market Share: Lenskart owns almost 90% of the organised market and 10-15% of the overall eyewear market.
- Store Network: Lenskart operates over 2,100 stores in India, with 700+ stores outside India.
- Customer Base: Lenskart serves 30+ million+ customers, adding almost 1 crore new customers each year.
- Eye Test Services: Lenskart performed 16+ million eye tests last year, with a 50% CAGR in this segment.
- Innovation: Lenskart is the No. 1 choice thanks to its innovative 3D try-on and AI-powered kiosks.
Conclusion
The story of Lenskart’s transformation from an online portal to a multi-billion-dollar empire is the epitome of innovation in India. Lenskart’s vision of marrying high-tech manufacturing with a friendly retail experience has ensured that eyewear is now accessible to everyone. The $9.8 billion Lenskart net worth is a measure of the company’s success, and the organisation is now planning to expand into the Middle East and Southeast Asia.
The fresh quarterly profit of ₹131 crore is a far cry from the days when the organisation was only burning cash. Whether you are a customer or an investor, one thing is for sure: Lenskart is a brand to watch out for as it strives to be the EssilorLuxottica of the East.
FAQs
1. What is the current Lenskart net worth in 2026?
The organisation is currently valued at around $9.8 billion (₹81,700 crore) based on the current stock exchange price. The valuation remains unchanged due to consistent double-digit growth in the domestic and export sectors.
2. Is Lenskart a profitable company?
Yes, Lenskart has turned net profit positive in FY25, posting Rs. 297 crore, and the company has continued this growth in FY26. The company’s focus has now shifted to operating leverage.
3. Who owns Lenskart?
Lenskart was started by Peyush Bansal, Amit Chaudhary, and Sumeet Kapahi. The founder, Peyush Bansal, is the company’s CEO and largest promoter, holding a significant stake.
4. How many stores does Lenskart have?
The company has over 2,800 stores worldwide, of which 2,100 are in India. In addition, the company aims to add 450+ stores by the end of the current fiscal year.
5. What is the net worth of Peyush Bansal?
The net worth of Peyush Bansal is approximately Rs. 2,500–3,000 crore, or $300M+. His wealth comes from his promoter stake in Lenskart and his investment portfolio in various startups.
6. Does Lenskart make its own glasses?
Yes, Lenskart is a vertically integrated company that manufactures its own glasses at a large facility in Rajasthan. The company is building a new Rs. A 1,500 crore facility in Hyderabad, which will be ten times the size of the existing facility.
