No spam. Currently in the role of AVP- #Finance , she works closely with our co-founder, Neha Bansal . The company plans to use this capital and $95 million raised from KKR in May to make investments in its supply chain, new technologies and expand in Southeast Asia and the Middle East, the report suggested. Times Syndication Service. TWS Systems Private Limited. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Learn more about how Statista can support your business. The growth in Lenskarts profits came chiefly from an 83% growth in its non-operating income. /Length 70445 Lenskart has managed to grow its profit 4.6 times over the last year, even as its revenue only grew marginally, rising from Rs. Subscribe to the Tofler Company360 program for complete access to Tofler's database. Get your daily dose of business updates on WhatsApp. India's financial year begins in April and ends in March. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The filing mentions another revenue stream, from an unnamed single customer, which accounted for more than 10% of the groups total revenue at Rs 148.56 crore. [12] By the end of 2014, only Lenskart.com remained operative as the company shut down its other three websites. Claim Company | [16][17] In October 2017, Lenskart signed up its first brand ambassador Katrina Kaif. Lenskart previously raised $28.2 mn on June 9, 2022, after which it raised $12.5 mn on August 8, 2022, from Ravi Modi Family Trust. It is an easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. It grew at 50% year-on-year, launched its 500th store and its total operating revenue grew by 24% in 2019 to Rs 474.31 crore. The current filings represent the financial performance of Lenskart Solutions Private Limited, one such subsidiary. The eyewear retailer has grown to serve more than 400K customers on a monthly basis and claims to account for nearly 30% of Indias organised eyewear market. Also, as per the business projections, it expects profitable growth in the long run, the Softbank-backed company stated in the report. The company also saw investments from Ratan Tata and Kris Gopalakrishnan. Lenskart has raised a total of $979.7M in funding over 15 rounds. This will alert our moderators to take action. Times Internet Limited. All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. WebTel no: +912262102400 INVESTOR CONTACTS For queries related to financial statements & Investor Matters Mr. Mukesh Ranga Company Secretary and Compliance Copyright 2023. 31 crore in FY 19, became profitable for the first time in FY20 with a profit of Rs. Need a financial report of the company at INR 799? LENSKART SOLUTIONS PRIVATE LIMITED - U33100DL2008PTC178355. "Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees)." 530% Size Multiple 219x Median Size Multiple 219x, 100th %ile 0.00x 0.95x. Trademarks, if any, listed on this page belong to their respective owners. You only have access to basic statistics. Newly launched adtech platform Parva seeks to create new opportunities for advertisers to reach premium audiences at scale, Here's how Amit and Gaurav Khatri are making the right 'Noise', Heres how The Body Shop navigated the pandemic and is growing its business in India, From UPI innovations to digital credit potential these are the growth drivers in Paytms business, Regular physical activity helps improve mental health in adolescents says UK based study, Best thermal printers for print bills, receipts and tickets, Bank of America adds a human touch to its virtual assistant, Erica, Apple, Taj Hotels and Kia are among the top 10 brands that offer the best Customer Experience in India. Lenskart had much to cheer in 2019. Get the full list, Youre viewing 5 of 27 investors. Nestl today published its 2020 Annual Report. WebLenskart is an Indian multinational optical prescription eyewear retail chain, based in Faridabad. Profit for FY20 stood at Rs 6.32 crore, from a loss of Rs 31.57 crore in the previous year on a consolidated basis, according to regulatory filings. Access to this and all other statistics on 80,000 topics from, Show sources information "x";$4G,f>3r>Hte#?[[Ys G/#(ce+^i(A4~Quec6x.\nIzjU~pkI-\P#H3z7,ZJp= 2aImC9_}Er,o}#PW^F/59)4bC :Lbw_bK,hiZ!8ZPb)WhF!E5M3i/iE=2z 0n'/&CZDwR)ho7i)*OX/_t,VsM?.GkSen`}/n'3S=q\E&1p/9Qspt)'i7dA3fZpZ~?cF>m'n^z:=Tw*}W?yL-T?f&Q QH7QJ(zEw}Q^4TuOT>#~rm1]K!oRiu~=RO}SSd|P({9diQ_p/JwSqV[dAoJ moJ~k9?ScG s'J .ey7PwsP?z7Qri[)O+k >T/R,h{z1MS|)G|JF[K6JP/mgk{X06:@VA  X}X{.~m Ozgd;K_~EWH,. "Revenue from Operations of Lenskart Solutions Private Limited from The Financial Year 2018 to 2022 (in Billion Indian Rupees). 2018 IC3 Annual Report 2018 State Reports. Order PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Choose your reason below and click on the Report button. A paid subscription is required for full access. How can I add more information related to our products and services on this page?? 900 crore in F20 to Rs. If you are an admin, please authenticate by logging in again. Personalize which data points you want to see and create visualizations instantly. These financials can also be downloaded in excel format. Please do not hesitate to contact me. As soon as this statistic is updated, you will immediately be notified via e-mail. The operating revenue of LENSKART SOLUTIONS PRIVATE LIMITED is in the range of Over INR 500 cr for the financial year ending on 31 March, 2022. Read More. LoginsLink. 136 crore during FY21, as opposed to Rs. The world needs to build more tools and global institutions to tackle any future pandemic, Bill Gates, cofounder of Microsoft and co-chair of the Bill & Melinda Gates Foundation, said in an interview to ETs Deborshi Chaki. For example, FY 2022 started in April 2021 and ended in March 2022. On this Wikipedia the language links are at the top of the page across from the article title. [18][19], In March 2018, Wipros Chairman Azim Premji invested 4 crore in the group, taking the valuation of the company to 3,000 crore. stream experience the nykaa mobile app. Bookmark Company | Claim Company | Review Company | Add Private Notes. Web2179386 0.56572216749191284 0.4342535138130188 6.4144670963287354e-2 4.5011300593614578e-2 0.35540559887886047 0.22399978339672089 8.589896559715271e-2 Falcon Edge Capital also invested in the company. These will be heartening signs for the Indian startup ecosystem for several years, Indian startups have grown rapidly, but have done so while making thousands of crores of losses. 29 crore in FY21. WebLenskart has 5 employees at their 1 location, $679.6 m in total funding, and $68 m in annual revenue in Y 2019. The company had first turned profitable last year, when it had registered a profit of Rs. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The ideal entry-level account for individual users. Experience Your Economic Times Newspaper, The Digital Way! It lets you compare financials of several companies and study performance trends. The company has been in news for its IPO plans since 2017, and the improvement in numbers is quite in line with the same. 2017 IC3 Annual Report 2017 State Reports. Lenskarts revenue numbers were perhaps muted because of the pandemic, which couldve disrupted operations at its more than 700 physical stores across the country. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Values have been rounded for clarity. Revenue from operations of Lenskart FY 2018-2022 Published by A. Minhas , Dec 2, 2022 Lenskart's revenue from operations amounted to 15 billion Indian rupees in To use individual functions (e.g., mark statistics as favourites, set Web2020 3,287 m 2019 3,353 m LFL Growth 1 unchanged Actual Growth - 2.0 % Adjusted Operating Profit 1 462 m Adjusted Operating Margin 1 14.1 % Non-GAAP measures are defined on page 77 of the full annual report 1 / 3 Download section in full megatrends meeting the needs of society and our stakeholders WebAnnual Reports and Returns. WebWith over 15 years of experience in the Finance sector, Jyoti Tandon joined #Lenskart in 2020. The Indian economy grew at a slower-than-expected 4.4% in the December quarter compared with 6.3% in the preceding three-month period, weighed down by base normalisation and weakness in consumption. It's EBITDA has decreased by Meanwhile, Flipkart founder Sachin Bansals new startup Navi is also profitable, having registered a profit of Rs. 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Please visit About Us tab on this page to add additional information about LENSKART SOLUTIONS PRIVATE LIMITED. As a result, the Holding Company has achieved profitability in the current year. As a Premium user you get access to background information and details about the release of this statistic. Looking back at a year where, despite the turbulence caused by the pandemic, the Stanford community found new ways to come together to learn and work, while also advancing research to address problems posed by the global health crisis. Review Company | Here is the video showing how you can study the financials of an Indian company on the Company360 platform. LENSKART SOLUTIONS PRIVATE LIMITED is a 14.10 Years old company, incorporated on 19 May 2008. Their latest funding was raised on Nov 18, 2022 from a Series I round. ETRise MSME Day 2022 Mega Conclave with Industry Leaders. There will be no physical location /Length1 162884 All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2022 along with latest MoA and AoA. It is classified as Private UnListed Indian Non-Government Company. Accessed March 02, 2023. https://www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, ENTRACKR. [5][6] Its manufacturing facility in New Delhi manufactures 3 lakh glasses a month. WebInformation contained in the report is the latest at the time of the release and you are kindly requested to note that the information presented in the report may differ from more recent information due to organizational changes, changes in personnel, end of product sales, or other factors. After nearly a decade of operations, Lenskart Solutions, which operates an eponymous omnichannel eyewear retailer, turned profitable in the financial year ended March 21, 2020. Follow 5 easy steps to download the balance sheet of LENSKART SOLUTIONS PRIVATE LIMITED: The total revenue for the period stood at Rs 969.52 crore against Rs 485.59 crore a year earlier. Last year, the revenue from this single customer was higher and stood at Rs 248.24 crore. I represent LENSKART SOLUTIONS PRIVATE LIMITED. 27 crore. WebFISCAL YEAR 2020 ANNUAL FINANCIAL REPORT. In, ENTRACKR. Developer of an online optical platform designed for various ranges of eyewear. 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Send. But with a new cohort of startups now emerging that are not only running large businesses, but are also profitable to boot, it give hope to startups that are still in the red it might take a while, but there might be light for them at the end of the tunnel. Currently, you are using a shared account. Lenskart to launch 500 stores in 2020 and increase its focus on AI and digital marketing, says Co-founder, Amit Chaudhary. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the fiscal year ended October 3, 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____. Eyewear retailer Lenskart has raised $220 million from investors led by Singapores sovereign wealth fund Temasek, Bloomberg reported. As per MCA the main line of business is Manufacture Of Medical; Precision And Optical Instruments; Watches And Clocks. +Includes DocuBay and TimesPrime Membership. India is a winner and a bright spot in a world thats in turmoil, says Christian Klein, chief executive at SAP SE. Copyright e-Eighteen.com Ltd. All rights reserved. Honda Cars India launches new City and new City e:HEV, check prices and details here, SBI may look to cut Yes Bank stake once lock-in ends: Sources, RCap resolution: NCLAT allows lenders' plea for another round of bidding, Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day, End your day with a breakdown of the biggest tech and startup stories in your inbox, Invest in high-rated bonds from as low as Rs. See insights on Lenskart including office locations, The German software giant aims to double its investments in India over the next five years. The EBITDA of LENSKART SOLUTIONS PRIVATE LIMITED has decreased by -0.11 % over the previous year. The Bengaluru-based eyewear retailers revenue from operations stood at Rs 900.27 crores, an 89.81% increase from Rs 474.31 crore in FY19. One Indian rupee is equal to 0.012 euros and 0.012 dollars (as of December 2022). Previous reports have been accessed for historical data. x|xTUwI/!L @(! 6.3 crore. During the last year, the Alliance not only re-programmed some of its work to support the response to COVID-19, it also continued its long-term initiatives to build the field of An easy-to-read PDF report on the company that includes five year financial information, ratio analysis, management, group structure, shareholding pattern and more. Get full access to all features within our Business Solutions. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Duis a, To view Lenskarts complete valuation and funding history, request access, To view Lenskarts complete cap table history, request access, Youre viewing 3 of 3 competitors. [7] In March 2019, the company hired Bhuvan Bam as its first male brand ambassador. The company now has a valuation of $2.5 billion. 2020 Annual Report. [8], Peyush Bansal, a former Microsoft employee, founded Lenskart.com in 2010 along with Amit Chaudhary and Sumeet Kapahi. However, the Indian eyewear industry is a Market Research. The company is incorporated with the address W-123; GREATER KAILASH; PART-2; NEW DELHI; Delhi; 110048; India. LENSKART SOLUTIONS PRIVATE LIMITED's unique Corporate Identification Number (CIN) is U33100DL2008PTC178355 and its registration number is 178355. Avendus Capital was the exclusive financial advisor to Lenskart & its shareholders on the transaction. 900.27 crores, an 89.81 % increase from Rs 474.31 crore in 19. 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