Lenskart has seen another major investor sell part of its stake after the company’s successful stock market listing. Singapore-based investment firm Temasek has sold a 2.05% stake in the eyewear company for around ₹1,940 crore. The deal comes shortly after the end of the mandatory IPO lock-in period and follows similar stake sales by SoftBank and Abu Dhabi Investment Authority (ADIA).
Even after the sale, Temasek continues to be one of Lenskart’s important investors, holding around 4.75% of the company. The latest transaction shows that early investors are booking profits while still keeping confidence in Lenskart’s long-term growth.
Temasek follows SoftBank and ADIA in partial stake sale
Temasek sold its 2.05% stake on July 10 for an estimated value of ₹1,940 crore to ₹1,945 crore. The sale became possible after Lenskart’s six-month IPO lock-in period ended in May 2026, allowing pre-IPO investors to sell their shares.
Before Temasek, SoftBank sold a 3.25% stake in Lenskart for around ₹2,873 crore. Reports suggest the Japanese investor earned nearly seven times its original investment through the deal. ADIA also sold a 2.3% stake worth about ₹1,944 crore to ₹1,960 crore.
Although these investors have sold part of their holdings, none of them have exited the company completely. They continue to own shares in Lenskart, showing they still believe in the company’s future.
Lenskart had raised ₹7,278.02 crore through its IPO in November 2025. Since then, the company’s market value has stayed between ₹82,000 crore and ₹95,000 crore, making it one of India’s leading consumer technology companies.
Strong business performance supports investor confidence
The stake sale comes at a time when Lenskart is reporting strong financial growth.
In FY26, the company’s revenue increased by 32.3% year-on-year to ₹9,002.3 crore. Adjusted Profit After Tax (PAT) jumped 147.7% to ₹530 crore, while operating cash flow reached ₹886.7 crore. Its Return on Capital Employed (ROCE), excluding IPO proceeds, improved to 23.1%.
Lenskart also delivered strong results in the fourth quarter of FY26. Revenue from its India business grew 40.6% year-on-year to ₹1,475 crore, while its international business earned ₹1,054 crore. EBITDA margins crossed 21% in both India and overseas markets, showing better profitability.
The company continued to grow its customer base during the year. It sold more than 27 million eyewear units, while product volumes increased by nearly 25% compared to the previous year. Lenskart also conducted around 23.8 million eye tests, helping it reach more customers across India.
Its loyalty programme, Lenskart Gold, now has 8.8 million active members and generated nearly ₹200 crore through subscription fees during FY26.
Expansion and AI remain key growth areas
Lenskart is continuing to invest in store expansion, manufacturing and new technology.
During FY26, the company opened 603 net new stores worldwide, taking its total store count to 3,327. Out of these, 542 stores were added in India, including many in Tier 2 and smaller cities. The expansion helped Lenskart enter 157 new cities across the country.
The company is also using artificial intelligence to improve its business. It recently acquired GeoIQ, a company that uses AI to help businesses choose better store locations and predict future sales.
Lenskart is also increasing its manufacturing capacity through a joint venture with Sunrise (Matt Optical) and Mingfeng Glassesworld to produce metal eyewear frames in India and Thailand. At the same time, its new manufacturing plant in Hyderabad is expected to start operations in about 18 months.
The company has also entered the smart wearables market with its AI-powered B by Lenskart smart glasses. The glasses come with Qualcomm’s Snapdragon AR1 Gen 1 chip, Google Gemini AI support, a multilingual AI assistant, a 12MP Sony camera and directional audio. The product has already received interest from more than 35,000 people through its early access waitlist.
While major investors have started selling small portions of their holdings after the IPO lock-in period ended, they continue to remain invested in Lenskart. With strong financial performance, rapid store expansion, growing manufacturing capacity and new AI-powered products, the company appears well placed to continue its growth in the coming years.