Lenskart vs Titan EyeCare: automation-led scale takes on service-led model in India's $9.2bn eyewear market
Post-listing comparison pits Lenskart's 69.2% Q2 product margin and 203 net new stores across 431 cities against Titan EyeCare's 871-store service network. Lenskart posted Rs 2,146.6 crore Q2 revenue (+24% YoY) and 9.3M eye tests in H1 FY26, but the stock trades below its Rs 402 issue price at Rs 390.
Comparison of India's eyewear leaders Lenskart and Titan EyeCare post-Lenskart listing, contrasting Lenskart's automation-driven scale (203 new stores, 69.2% margin) against Titan's service-led model (871 stores) amid a ~$9.2bn market.