Lenskart Franchise
SponsoredLenskart FOFO stores: page invites applicants but gives no terms; 2,609 India stores (Mar 2026); FoFo stores fell 369 to 310 (Mar 2023-25).
We couldn't confirm Lenskart is taking franchisees right now
Treat this as research, not an open offer, until the brand confirms its programme in writing. See the note below.
About This Listing
Lenskart's franchise enquiry page invites applications ('Join Us As A Franchise Partner Today') and shows a short form, but publishes no investment, fee, area, royalty or timeline. Its annual report 2025-26 says the store mix kept shifting from franchise-owned (FoFo) to company-owned (CoCo) stores through FY26 and that it is increasing its focus on CoCo execution, so we cannot say whether new franchise stores are being taken on. Lenskart also publishes a caution notice saying that people are falsely claiming a link with Lenskart to offer franchises and shop leases and are taking money into their own bank accounts; it names one official franchise-payment account and one franchise support email and phone.
Source: Lenskart franchise enquiry page and annual report 2025-26
Lenskart franchise at a glance (terms checked Oct 2026)
Investment
Not published
The brand doesn't publish its investment
Ongoing take
Commission
Franchise fee
No franchise fee
One-time licence fee applies (amount not disclosed)
Payback
Not published
- 4 disputes brought by franchisees
- Legal or regulatory action on record â see Reputation & News
- Company standing: Active and up to date with the registrar
- Ratings: 4.4/5 across 1 platform
Outlets
2,609 (brand claim)
What we couldn't verify
- âĸ Outlet closures
- âĸ Franchisee satisfaction
- âĸ Profit or loss
- âĸ Revenue trend
Ask before you sign
- Get written confirmation that Lenskart is taking franchisees at all before paying anything â see the note at the top of this page.
- Ask for every upfront payment in writing â deposit, onboarding, equipment or stock â and which parts are refundable.
- Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
Franchise terms checked against Lenskart's franchise enquiry page on 25 Oct 2026. Figures marked * aren't published by the brand â they come from other published sources or our own estimate, and aren't verified.
Investment Breakdown
Per franchisorIPO prospectus: franchisees pay a fixed one-time licence fee; amount not published. Source: Lenskart IPO prospectus (RHP), risk factor 12.
Lenskart doesn't disclose the amount of any of these charges.
Model your own numbers in our calculator
Open the ROI calculator* Breakdown as published by Lenskart. Lenskart confirms one charge without disclosing the amount â get it in writing before you pay.
Ways to Partner with Lenskart
1 partner model published by the brand. Figures it doesn't publish are left blank.
Lenskart franchise store (FoFo)
- Investment
- âš0
- Royalty / margin
- Franchise partners receive commission and incentives on sales; no rate published. Page claims '25-30% Margin'.
- Territory
- Not published.
- Who it suits
- Page asks whether the applicant is an optometrist and whether the property is owned or rented/leased; no other criteria published.
Status unknown: the page invites applications but publishes no terms. Prospectus: non-exclusive, revocable licence, generally five years, fixed one-time licence fee.
What Lenskart Says You Can Earn
Brand claimLenskart's own claim â no evidence given. These are not FranchiseChuno's estimates or a promise of earnings; ask existing franchisees what they actually make.
- Profit margin
- 25% â 30%
Lenskart's franchise page claims '25-30% Margin' and 'Quick Breakeven' for partners. It does not say what the margin is on, over what period or from how many stores, and publishes no investment against which to test it.
Reputation & News
6 red flags to checkWhat the press, courts and real franchisees or customers have said about Lenskart â summarised by us, with every source linked.
â Scam alert
Lenskart warns about people falsely offering Lenskart franchises and shop leases
Lenskart's caution notice says some people create a false association with Lenskart to offer franchise contracts and retail outlets for lease and take money into their own bank accounts. It names its only bank account for franchise payments and a franchise support email and phone, and its franchise page carries a banner with the same warning. Counts against the fraudsters, not the brand.
Source: Lenskart disclaimer page (the brand's own site)- Franchisee view¡ 2 Apr 2025
The Ken: franchisees say Lenskart competes with them and keeps them in the dark
The Ken (2 Apr 2025) spoke to 18 current and former franchise owners. It reported that only about 300 of Lenskart's 2,500+ stores were run by franchisees, against close to 30% in 2023 by The Ken's count (Lenskart's prospectus counts India FoFo stores at 18.81% of its stores in Mar 2023), and that franchisees allege company-run stores were opened next to theirs and that store finances were withheld. Lenskart's response was not in the text we could read. Allegations, not findings.
Source: The Ken - Legal / regulatory¡ 8 Apr 2025
Former franchisees ask Karnataka High Court to reopen their case
Eyewear Intelligence reported on 8 Apr 2025, citing The Ken, that former Lenskart franchisees accuse it of unfair trade practices, say it created unfair competition by changing its business model, and are asking the Karnataka High Court to reopen their case. No case number given; Lenskart's reply not in the text we could read.
Source: Eyewear Intelligence (citing The Ken) - Legal / regulatory¡ 2025-2026
Franchisee criminal complaints and an arbitration award disclosed in filings
Lenskart's own IPO prospectus and annual report disclose criminal complaints by franchisees in Mysuru (stayed), Bengaluru (stayed) and Purulia (stayed), and an arbitration award partly in favour of a terminated franchisee. Lenskart contests them. See the case records.
Source: Lenskart IPO prospectus and annual report 2025-26 (the brand's own site) - Legal / regulatory¡ 28 Aug 2025
Franchisees complain to SEBI about Lenskart's IPO disclosures
The Head and Tale reported on 28 Aug 2025 that a group of Lenskart franchise partners filed a complaint dated 11 Aug 2025 with SEBI. They allege the draft prospectus understated the Mysuru FIR (they say 13 stores are affected, not three), that financial records were misrepresented, and put alleged losses at over Rs 12 crore. Lenskart did not respond to the publication and no SEBI action was reported. Lenskart's prospectus says it received six third-party complaints after the draft, including one alleging suppression of criminal proceedings, and denied them as baseless. Allegations, not findings.
Source: The Head and Tale - regulatory¡ 16 Oct 2026
Customs order of Rs 13.17 Cr against Lenskart (Oct 2026)
Lenskart told the stock exchanges on 16 Oct 2026 it received a customs order demanding differential duty and penalty of Rs 13,17,25,860 on imported eyeframes with clip-ons, excluding interest. It intends to appeal.
Source: Lenskart stock-exchange filing, 16 Oct 2026 (the brand's own site) - regulatory¡ Jul 2026
Contingent liabilities for GST, customs and tax matters
Lenskart's standalone note 36 lists GST and customs matters of Rs 406.26 mn at 31 Mar 2026 (Rs 136.97 mn a year earlier), income-tax litigation of Rs 175.30 mn, a transfer-pricing draft order and other items. Management says no material liability is likely.
Source: Lenskart annual report 2025-26, note 36 (the brand's own site)
Show 1 moreShow fewer
- Customer view¡ 25 Oct 2026â 4.4/5 ¡ 7,84,612 ratings
Lenskart app on Google Play: 4.4 from about 785,000 ratings
Customer ratings of the Lenskart shopping app (not of franchise stores or the franchise offer).
Source: Google Play
Key Terms at Lenskart
The clauses that shape day-to-day running and your exit â read these before the fee.
- Renewal
- Per Lenskart's IPO prospectus, franchise agreements are generally valid for five years, and the franchisor may, at its sole discretion, renew the agreement for such further period as it may deem fit on mutually agreed terms.
- Selling the franchise
- The licence to use Lenskart trademarks is non-exclusive, non-assignable, non-transferable and revocable, per the IPO prospectus.
- Payments to the brand
- Lenskart says it receives a fixed one-time licence fee from franchisees (amount not published) and pays franchise partners commission and incentives on sales (rate not published).
- Supply & stock
- The agreements cover supply and purchase of authorised products and bind the franchisee to Lenskart's brand-use, development, operational, NPS and code-of-conduct standards, per the IPO prospectus.
Legal & Contract Summary
Key contract terms at a glance â read before you sign.
Agreement Type
Franchisee-Owned, Franchisee-Operated
Contract Duration
5 yearsRenewal Available
âTerritory Exclusivity
âNon-Compete Clause
âExit Clause
âAbout the Brand
Brand USP
Lenskart reports 2,609 active stores in India at 31 Mar 2026 (3,327 worldwide) and has been shifting from franchise-owned to company-owned stores.
Why invest in Lenskart?
Lenskart by the Numbers
Source marked on each figure2,609 (2,067 a year earlier)
Active stores in India ¡ 31 Mar 2026
Company filing3,327 at Mar 2026; 3,459 at Jun 2026
Active stores worldwide ¡ 30 Jun 2026
Company filing310 (11.38% of all retail stores)
Franchise-owned (FoFo) stores in India ¡ 31 Mar 2025
Company filing2500+ stores across 500+ cities
Store claim on franchise page ¡ 25 Oct 2026
Brand claimLenskart Outlet Network
| Year | Opened | Closed | Transferred | Net |
|---|---|---|---|---|
| Net India stores added in FY26 | 542 | â | â | â |
By channel ¡ 30 Jun 2025
- India franchise-owned (FoFo) stores369
- India franchise-owned (FoFo) stores359
- India franchise-owned (FoFo) stores310
- India franchise-owned (FoFo) stores306
- International franchise-owned (FoFo) stores158
- India company-owned, franchise-operated (CoFo) stores8
By country ¡ 31 Mar 2026
- India active stores2,609
- India active stores2,067
- International active stores718
Cities with Outlets
Show all 96 citiesHide the city list
Company Financials
Parent / group levelThese figures are for the parent company as a whole group, not this brand alone â separate from what a single franchise outlet earns.
Revenue (FY26)
âš8814.04 Cr
Net profit (FY26)
âš500.95 Cr
Employees (31 Mar 2026 (permanent employees worldwide; 3,543 in Lenskart Solutions Ltd standalone, annual report 2025-26))
21,859
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle â talk to existing franchisees and see their accounts before you decide.
Company Health Check
What Lenskart's franchisor company has filed with the registrar and the courts â the checks a lawyer would run before you sign.
- Status with the registrar
- Active
- Paid-up capital
- âš347.28 Cr
- Auditor
- S.R. Batliboi & Associates LLP
- Brand trademark
- Lenskart's IPO prospectus says the company holds 242 registered trademarks in India, including for its brands and logos, and 37 pending applications (company statement; IP India register not searched)
Group companies
- Dealskart Online Services Private LimitedSubsidiary ¡ 100%
Source: Lenskart annual report 2025-26 (note 36 contingent liabilities, BRSR), IPO prospectus litigation chapter, stock-exchange filings (checked Oct 2026)
Full company recordsFinancials year by year, registered details, leadership and timelineShowHide
Lenskart Financials Over Time
Figures for the whole group, from filed or reported accounts.
Source: Lenskart Solutions Ltd consolidated, annual report 2025-26 comparative column ¡ Lenskart Solutions Ltd consolidated, annual report 2025-26
A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle â talk to existing franchisees and see their accounts before you decide.
Company Profile
The legal entity behind the brand, its leadership, and its official channels.
- Registered name
- Lenskart Solutions Limited
- Company type
- Public Limited Company (listed)
- CIN
- L33100DL2008PLC178355
- Headquarters
- Gurugram, Haryana (corporate office); registered office Okhla Industrial Estate, New Delhi
Leadership
- PPeyush BansalCo-Founder, Chairman, Managing Director and CEO
- NNeha BansalExecutive Director and Global Head of Merchandising
- AAmit ChaudharyExecutive Director
Company details source: Lenskart Solutions Ltd stock-exchange filing of 16 Oct 2026 and annual report 2025-26
Lenskart Timeline
2008
Company incorporated
Lenskart Solutions Ltd (CIN L33100DL2008PLC178355).
2010
Lenskart website launched
Per the annual report 2025-26 milestones.
2013
First physical store opened in Delhi through Dealskart
Marked the shift to an omnichannel brand.
31 Dec 2024
Lenskart acquired its master franchisee Dealskart
Dealskart had operated 1,606 Lenskart stores under a master franchise agreement from 1 Nov 2018; the agreement was terminated on 30 Nov 2024 and the stores moved under Lenskart's direct control.
10 Nov 2025
Shares listed on NSE and BSE
Following its IPO.
FY26
Franchise-to-company-owned store mix shift continues
The Q4 FY26 shareholder letter says the FoFo-to-CoCo store-mix shift continued through FY26.
FranchiseChuno Analysis
Our analysis of verified dataHow Lenskart looks once the numbers are checked side by side.
- âThe franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
- âBrand operating for 16 yearsFounded in 2010. The brand doesn't state when franchising began.
- !3 red flags in the news or public discussionSee Reputation & News below, and ask the brand to address each one.
Data completeness
64%
- â Terms checked against the brand's own page
- â Published investment (not an estimate)
- â Franchise fee
- â Royalty
- â ROI or payback claim
- â Agreement term
- â Training details
- â Outlet cities verified
- â Company financials
- â Legal entity
- â News & public opinion checked
Ask Before You Sign
Questions tailored to what Lenskart does and doesn't publish.
- 1Get written confirmation that Lenskart is taking franchisees at all before paying anything â see the note at the top of this page.
- 2Ask for every upfront payment in writing â deposit, onboarding, equipment or stock â and which parts are refundable.
- 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
- 4Ask whether you get an exclusive territory, and how large it is.
- 5Ask the brand to respond to each red flag listed under Reputation & News.
- 6Have a lawyer review the franchise agreement before paying anything.
- 7Visit 2â3 existing outlets and speak to their owners without the brand present.
Running the outletSpace, staff, launch steps, training, support and who does whatShowHide
Operations Required
What you'll need on the ground to run this franchise day-to-day.
Area Required
â
Staff Needed
â
Setup Time
â
Owner Involvement
â
Best Locations
Not published
Business Type
Not published
Training & Support
What the brand provides to help you launch and run your franchise.
Operations Manual
Step-by-step playbook for running the outlet
Supply Chain Support
Vendor sourcing, inventory & logistics
Technology / POS
Billing, inventory, and management software
Marketing Support
National & local marketing campaigns
Launch Support
Pre-opening setup and grand-opening assistance
Ongoing Field Support
Regular visits and operational coaching
Who Does What
Per franchisorHow Lenskart splits the work between the brand and you, as the brand describes it.
Lenskart
Handled centrally by the brand
- 1
Site selection
Through Lenskart's network.
- 2
Store build
Layout, design and fabrication by Lenskart-authorised vendors.
- 3
Staffing
Hiring, support and training.
- 4
Customer support
24x7 support; Lenskart owns grievance handling.
- 5
Logistics
End-to-end order and delivery; no dead stock.
- 6
Marketing
TV, radio and hyperlocal.
- 7
Payouts
Commission paid within 7 days of each order.
What Lenskart franchisees say
We haven't yet heard from enough Lenskart franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.
I run a Lenskart outlet â share how it went
