• Event Type: Q1 FY27 Earnings Conference Call conducted on August 12, 2026

• Date and Time: August 12, 2026 (time not specified in the transcript)

• Purpose of Event: Discussion of quarterly results for Q1 FY27, strategic update, and investor outreach. The call included management presentation followed by Q&A session.

• Management Participants:

  • Peyush Bansal – Co-Founder and Chief Executive Officer
  • Abhishek Gupta – Chief Financial Officer
  • Nikunj Mall – Head of Investor Relations

• Presentation Availability: The Q1 shareholders' letter was uploaded on the company's website and stock exchanges. Participants were encouraged to join via Zoom link to view the presentation alongside the discussion.

• UPSI Compliance: The company noted that some statements made during the call may be forward-looking in nature and subject to risks and uncertainties, but no specific UPSI disclaimer was mentioned.

• Financial Period Discussed: Q1 FY27 (quarter ended June 30, 2026)

• Financial Highlights:

  • Revenue grew 34% year-on-year
  • PAT grew 182% to ₹228 crores (compared to full-year FY26 PAT of ~₹530 crores)
  • India revenue grew 30.7% YoY to ₹1,531 crores
  • International revenue grew 38% to ₹1,203 crores (29% on constant currency basis)
  • India EBITDA pre-Ind AS 116 margin reached 15.4% (up from 13.3% last year)
  • International EBITDA pre-Ind AS 116 margin reached 10.6% (up from 4.5% last year)
  • Consolidated product margin crossed 70% for the first time
  • India same-store sales growth (SSSG) was 18.3%
  • Same pin code sales growth was 24%
  • Eye tests grew 42.7% to 63 lakhs in India
  • Eyewear units grew 22.8% to 82 lakhs in India
  • Operating cash flow of ₹297 crores with 82% EBITDA to cash flow conversion
  • Return on capital employed improved from 14% to 23% year-on-year

• Strategic Themes:

  • Market creation focus with 78 crore Indians needing vision correction (heading to 94 crores by FY30)
  • Store expansion: 455 net new stores added in nine months, with over 6,100 pin codes still awaiting first Lenskart store
  • Premiumization strategy with Owndays lenses doing over ₹1,500 crores and Rodenstock/Tokai at ₹250 crores annually
  • ₹500 eyewear offering through Hustlr Club
  • International expansion with Owndays and Meller brands
  • Technology initiatives: self-AI eye test pilots, remote optometry in 786 stores (up from 168 at FY25 end)
  • Manufacturing scaling with Hyderabad facility

Additional Notes Section

• Attachments: The document references that the transcript was submitted to exchanges pursuant to Regulation 30 of SEBI LODR Regulations, 2015.

• Financial Data Disclosure: Significant financial data was disclosed in the earnings call transcript, including revenue growth percentages, PAT figures, margin percentages, store growth metrics, and operational statistics.

• Forward-looking Statements: The management explicitly noted that some statements during the call were forward-looking and subject to risks and uncertainties.