Lenskart vs Titan EyeCare: automation-led model outpaces service-led rival on margins post-IPO
Post-listing comparison shows Lenskart's Q2 FY26 revenue up 24% to Rs 2,146.6 cr with 19.8% EBITDA margin (Rs 425.8 cr), while Titan EyeCare income sat at Rs 215 cr with EBIT sliding to Rs 12 cr. Lenskart added 203 net stores in H1 across 431 cities; Titan runs 871 EyeCare outlets in a $9.2bn market.
Post-IPO comparison of Lenskart's automation-led eyewear model versus Titan EyeCare's service-led approach, covering store reach, margins, market size estimates, and Q2 FY26 performance where Lenskart showed stronger margins while Titan's segment profit declined.