Lenskart vs Titan EyeCare: automation-led scale meets optometry-driven model post-listing
Post its Rs 390 listing (vs Rs 402 issue price), Lenskart posted Rs 2,146.6 crore revenue (+24% YoY) with 19.8% EBITDA margin and 69.2% product margin. Titan EyeCare runs 871 stores across 431 cities at Rs 215 crore income and 5.3-5.7% margin. Seven factors weigh who wins India's $9.2 billion eyewear market.
Comparison of India's two leading eyewear retailers post-Lenskart listing: Lenskart's automation and dense expansion versus Titan EyeCare's optometry-led model, covering store counts, revenue, margins, and market share across seven key factors.