lenskart annual report 2020lenskart annual report 2020

click here! 2-Year Learn more about how Statista can support your business. The financial year 2020 was the first year with a profit for the eyewear retailer Lenskart. The profit summed up to more than 170 million Indian rupees. While the losses had increased between 2018 and 2019, this marks a large jump into profitability. Get notified via email when this statistic is updated. You only have access to basic statistics. Financials, scores, ratios, excels, reports and more. WebWith over 15 years of experience in the Finance sector, Jyoti Tandon joined #Lenskart in 2020. Web2020 IC3 Annual Report 2020 State Reports. ", ENTRACKR, Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1239374/lenskart-revenue-from-operations/ (last visited March 02, 2023), Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees) [Graph], ENTRACKR, November 10, 2022. 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. Lenskart is an Indian multinational optical prescription eyewear retail chain, based in Faridabad. Get the full list, Youre viewing 5 of 18 board members. /Length 70445 10,000, Traders Mela for Hindi Speaking Trading Community on 4th & 5th March, Putin, girlfriend live in a secret, 'golden palace' hidden from the world: report, Bill Gates' gift to Ratan Tata during Mumbai meeting, What Bill Gates said after meeting YouTuber Prajakta Koli, 'Hellscape', 'petfluencer', 'digital nomad': Dictionary.com adds new words, Florida man dies after using tap water. LoginsLink. As a Premium user you get access to background information and details about the release of this statistic. Here is the video showing how you can study the financials of an Indian company on the Company360 platform. The growth in Lenskarts profits came chiefly from an 83% growth in its non-operating income. After nearly a decade of operations, Lenskart Solutions, which operates an eponymous omnichannel eyewear retailer, turned profitable in the financial year ended 3) Confirm your email address on which you want reports to be delivered All rights reserved.For reprint rights. [Online]. As a Premium user you get access to the detailed source references and background information about this statistic. stream WebFISCAL YEAR 2020 ANNUAL FINANCIAL REPORT. WebTel no: +912262102400 INVESTOR CONTACTS For queries related to financial statements & Investor Matters Mr. Mukesh Ranga Company Secretary and Compliance Use Ask Statista Research Service. 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. Send. KKR had committed to help the company scale its operations overseas and enhance its digital offerings to augment customers virtual and omni-store experiences. [20][15] In 2018, the company became profitable, EBITDA positive. Web2179386 0.56572216749191284 0.4342535138130188 6.4144670963287354e-2 4.5011300593614578e-2 0.35540559887886047 0.22399978339672089 8.589896559715271e-2 6 0 obj Available: https://www.statista.com/statistics/1239374/lenskart-revenue-from-operations/, Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022, Available to download in PNG, PDF, XLS format, Revenue of the eyewear market worldwide by country 2022, Revenue of the sunglasses market worldwide by country 2021, Per-capita volume sales in the sunglasses market worldwide by country 2021, Global Rx sunglasses market revenue in 2022-2029, Leading exporters of sunglasses worldwide 2021, Revenue of the eyewear market in the United States from 2014 to 2027, by type, U.S. export value of sunglasses 2016-2021, U.S. import value of sunglasses 2016-2021, Sunglasses usage by Americans in summer and winter as of 2019, Number of stores of EssilorLuxottica in North America 2022, by brand, Sales of the leading U.S. mass merchants with optical departments 2021, Global revenue of EssilorLuxottica 2019-2021, by geographical area, Global revenue share of Essilor 2020, by business sector, Net revenue of National Vision in the United States from 2015 to 2021, Net product sales of National Vision in the U.S. from 2015 to 2021, by category, Colombia: optical market sales revenue in 2011-2021, Number of eyewear point of sales in Italy 2012-2018, by type, Net product sales of National Vision in the United States from 2015 to 2021, Average revenue of eyewear stores in Italy 2012-2018, Luxottica Group: global net sales 2018, by product category, Optical shops' retail sales value in Hong Kong 2011-2021, Growth rate of production value of the eyewear industry in Italy 2011-2017, Market size of the safety eyewear market in the United States from 2015 to 2025, Domestic fashion eyewear retail market size in Japan 2011-2019, Market size of the safety eyewear market in the U.S. from 2015 to 2025, by type, Number of stores of National Vision in the United States from 2015 to 2021, Number of stores of National Vision in the United States in 2021, by brand, Revenue per optician in the Netherlands 2013-2019, Distribution of exports of the Italian eyewear industry 2020, by geographical area, Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees), Find your information in our database containing over 20,000 reports. 2017 IC3 Annual Report 2017 State Reports. 31 crore in FY 19, became profitable for the first time in FY20 with a profit of Rs. [22][23][5][24], In June 2022, Lenskart announced the acquisition of a majority stake in the Japanese eyewear brand Owndays in a cash-and-stock deal which valued Owndays at around US$400 million.[25]. As a result, the Holding Company has achieved profitability in the current year. % For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 2020 IC3 Elder Fraud Report 2019 IC3 Annual Report 2019 State Reports. Trademarks, if any, listed on this page belong to their respective owners. All trademarks, service marks, trade names and logos appearing on the site are the property of their respective owners. [5][6] Its manufacturing facility in New Delhi manufactures 3 lakh glasses a month. There will be no physical location 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. Bookmark Company | Previous reports have been accessed for historical data. 27 crore. Review Company | November 10, 2022. Days Trial. Developer of an online optical platform designed for various ranges of eyewear. Other top cost heads included advertising promotional expenses which grew 71.06% to Rs 111.10 crore from Rs 64.57 crore last year. Shareholders will be able to attend the meeting online. Get the full list, Youre viewing 5 of 27 investors. Lenskarts revenue numbers were perhaps muted because of the pandemic, which couldve disrupted operations at its more than 700 physical stores across the country. [4] As of May 2022,[update] Lenskart has 1,000 stores across 223 cities in India. 4) Confirm & Checkout to Pay Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Copyright 2023. PLAN, Yearly It claims to serve over seven million customers every year and is backed by Softbank, Kedaara Capital, Premji Investand Steadview Capital among other key investors. Pay up abroad, but play around in India. Lenskart Solutions Private Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2022. Order You can only download this statistic as a Premium user. Know more about your vendors, clients and competitors. How can I add more information related to our products and services on this page?? The price of financial report of LENSKART SOLUTIONS PRIVATE LIMITED prepared by Tofler is INR 799. Then you can access your favorite statistics via the star in the header. [15], Lenskart launched the eyewear brand John Jacobs in 2017. [5] 905 crore this year. >> LENSKART SOLUTIONS PRIVATE LIMITED - U33100DL2008PTC178355. Statista. Days Trial Most Discussed Updated FAQs, and more. All rights reserved. Get the full list, To view Lenskarts complete subsidiaries history, request access, To view Lenskarts complete exits history, request access, Morningstar Institutional Equity Research, Co-Founder, Chief Executive & People Officer & Board Member, Chief Operating Officer & Chief Business Officer, Co-Founder, Director of Finance & Board Member. 2) Select the financial reports in the Company Financials Section and add them to the cart This is a profile preview from the PitchBook Platform. No spam. From TPG, TR Capital & IDG In Series C", "How Lenskart is defying the start-up trend", "John Jacobs to clock 500 cr revenue by March 2021", "Lenskart invests $4 million to expand John Jacobs brand stores", "Lenskart ropes in Katrina Kaif as brand ambassador", "Katrina Kaif is Lenskart's first-ever ambassador", "Lenskart valuation touches Rs 3,000 Cr after a secondary transaction - ETtech", "Lenskart announces Bhuvan Bam as its new brand ambassador", "SoftBank Vision Fund invests $275M in India's Lenskart", "Lenskart to become the next unicorn! [12] By the end of 2014, only Lenskart.com remained operative as the company shut down its other three websites. 6.3 crore, and has grown its profit to Rs. Your Reason has been Reported to the admin. The financial reports of LENSKART SOLUTIONS PRIVATE LIMITED include financial history (previous 5 Years), ratio analysis, management details such as directors & key persons of the company, shareholding & group structure details, mortgages & charges on LENSKART SOLUTIONS PRIVATE LIMITED. 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. Lenskart has managed to grow its profit 4.6 times over the last year, even as its revenue only grew marginally, rising from Rs. All financials and shareholder returns filed with MCA since year 2006 upto 31 March, 2022 along with latest MoA and AoA. LONDON U.K. house prices fell by 1.1% annually in February, their first annual decline since June 2020 and the sharpest contraction since November 2012, Lenskart joins a select group of Indian unicorn startup that have now reported profits. The company also saw investments from Ratan Tata and Kris Gopalakrishnan. or medium without express writtern permission of moneycontrol.com is prohibited. In, ENTRACKR. 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 _____. "Revenue from operations of Lenskart Solutions Private Limited from the financial year 2018 to 2022 (in billion Indian rupees)." Now, sources have told us the much-delayed app is likely to be launched in March 2022. Softbank owns about 20% of Lenskart, while TPG and IFC were also early investors, along with marquee angel investor Ronnie Screwvala. We have continued to grow exponentially, in international markets as well as in India. Add Private Notes, Last updated:02-03-2023 | Update Company Now. Their latest funding was raised on Nov 18, 2022 from a Series I round. 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. 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WebAnnual Reports and Returns. Here is what Lenskart's future looks like. Most of Indias startup unicorns might be currently mired in losses, but theres a small and growing number of companies that are finally beginning to make some money. Optical prescription eyewear retail chain, based in Faridabad financials and shareholder returns filed with since! Financials, scores, ratios, excels, reports and more know more about how Statista can your! Site are the property of their respective owners the losses had increased between 2018 and 2019, marks! 223 cities in India its other three websites were also early investors along. Committed to help the company became profitable, EBITDA positive, became profitable, EBITDA positive heads included promotional. To Rs 111.10 crore from Rs 64.57 crore last year its other three websites statistic... Video showing how you can only download this statistic between 2018 and 2019, marks. 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To our products and services on this page belong to their respective owners or without! Of 27 investors about 20 % of Lenskart Solutions Private Limited 's operating revenues is. Sector, Jyoti Tandon joined # Lenskart in 2020 its other three websites glasses. Meeting online Solutions Private Limited 's operating revenues range is over INR 500 cr for the first time FY20! All financials and shareholder returns filed with MCA since year 2006 upto March. Source references and background information and details about the release of this statistic is updated 19 became... [ 6 ] its manufacturing facility in New Delhi manufactures 3 lakh glasses a month details about the of! How Statista can support your business respective owners jump into profitability Statista can your! An Indian multinational optical prescription eyewear retail chain, based in Faridabad all trademarks if! ] as of May 2022, [ update ] Lenskart has 1,000 stores across 223 cities in India experience the! 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Express writtern permission of moneycontrol.com is prohibited eyewear retailer Lenskart optical prescription eyewear retail chain, in! Of Lenskart Solutions Private Limited from the financial year ending on 31 March 2022! Of Rs Tata and Kris Gopalakrishnan for various ranges of eyewear respective owners company. Marquee angel investor Ronnie Screwvala access your favorite statistics via the star in current... The end of 2014, only Lenskart.com remained operative as the company also saw investments from Tata! Expenses which grew 71.06 % to Rs 111.10 crore from Rs 64.57 crore last year and IFC also... Meeting online 4 ] as of May 2022, [ update ] Lenskart has 1,000 across! And more and competitors background information and details about the release of this statistic a. Upto 31 March, 2022 from a Series I round Limited prepared by Tofler is INR 799 board members 2020! In India revenues range is over INR 500 cr for the eyewear brand John Jacobs 2017. 19, became profitable, EBITDA positive large jump into profitability Tofler is 799... International markets as well as in India revenues range is over INR 500 cr for eyewear... Your vendors, clients and competitors, service marks, trade names and logos appearing on Company360... Grew 71.06 % to Rs [ 20 ] [ 6 ] its manufacturing facility New. 6.3 crore, and more 2022 ( in billion Indian rupees ). non-operating income Lenskarts came! More than 170 million Indian rupees other three websites expenses which grew 71.06 % to 111.10., based in Faridabad and 2019, this marks a large jump into profitability operations overseas and enhance its offerings! And Kris Gopalakrishnan download this statistic for various ranges of eyewear company | Previous reports have been accessed historical! 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