Lenskart vs Titan EyeCare: Post-IPO scorecard reveals contrasting eyewear playbooks
Lenskart's Q2 FY26 revenue rose 24% YoY to Rs 2,146.6 cr with 19.8% EBITDA margin and 69.2% product margins, backed by tech and in-house manufacturing. Titan EyeCare's optometry-led model posted Rs 215 cr domestic income and Rs 12 cr segment EBIT across 871 stores as both chase India's ~$9.2 bn market.
Post-IPO comparison of Lenskart and Tata's Titan EyeCare in India's eyewear market, contrasting Lenskart's tech/manufacturing-driven scale and higher margins against Titan's optometry-led omnichannel service, with Q2 FY26 financials and store expansion data.