Eyewear retailer Lenskart has set an immediate goal of making quality eyewear accessible to 100 million people, while pursuing a long-term vision of serving one billion people globally.
“In FY26, Lenskart became a public company and crossed 50 million people served. But I do not think of either as a finish line,” said Chairman, Managing Director & CEO Peyush Bansal said in a letter to shareholders.
One billion vision
“Our mission remains the same: to make quality eyewear accessible to all. Our long-term vision is to impact a billion people,” he said.
“We want people to see eyewear differently, not as something they buy once and forget, but as something they enjoy for every occasion, every mood and every stage of life,” he said.
Building a house of brands
Lenskart is building a portfolio of brands, including John Jacobs, Owndays, Meller and Hooper, with more brands planned to cater to different customer segments and occasions.
The company is also strengthening its full-stack operating model, covering the entire customer journey from eye testing and product design to manufacturing, retail, delivery and after-sales care.
Global expansion
Lenskart is expanding its presence as a global consumer brand to stay ahead of changing consumer preferences and innovation.
Japan delivered record growth during FY26, reflecting the company’s increasing international footprint.
Growth momentum
The company said revenue, margins and reinvestment capacity improved during FY26. It opened 603 net new stores, largely funded through operating cash flows.
Lenskart also launched B by Lenskart, its first AI-powered smart glasses, creating a new category that combines eyewear with intelligent technology.
India opportunity
Bansal said India continues to offer a significant growth opportunity, with millions of people still lacking access to quality eye care.
Stores in Tier II and Tier III cities are performing well, while remote optometry is helping the company expand access to underserved markets. “We believe we have barely scratched the surface. It is still Day Zero,” he said.