Lenskart vs Titan EyeCare: post-listing showdown for India's $9.2bn eyewear market
Newly-listed Lenskart posts Q2 FY26 revenue of Rs 2,146.6 crore (up 24% YoY) with 69.2% product margins and a 35-40% cost edge, while Titan's 871 EyeCare stores anchor its rival play. Lenskart's 203 net new stores across 431 cities and 9.3m H1 eye tests signal aggressive scaling as shares trade below the Rs 402 issue price.
Post-listing comparison of India's eyewear leaders Lenskart and Titan EyeCare across market size, store reach, business models, cost structure and Q2 FY26 performance, with detailed financial and operational metrics for both retailers.