Lenskart Solutions (NSE:LENSKART) Interest Coverage: 5.76 (As of Mar. 2026) — 368% Above Median


NSE:LENSKART Lenskart Solutions Ltd NSE:LENSKART
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What is Lenskart Solutions Interest Coverage?

Lenskart Solutions NSE:LENSKART -0.03% 11 Interest Coverage is 5.76 as of Mar. 2026, which is 368% above its 10-year median of 1.23. GuruFocus rates NSE:LENSKART with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Lenskart Solutions ranks worse than 78.97% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Lenskart Solutions's Operating Income for the three months ended in Mar. 2026 was ₹2,509 Mil. Lenskart Solutions's Interest Expense for the three months ended in Mar. 2026 was ₹-435 Mil. Lenskart Solutions's interest coverage for the quarter that ended in Mar. 2026 was 5.76. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lenskart Solutions's Interest Coverage or its related term are showing as below:

NSE:LENSKART' s Interest Coverage Range Over the Past 10 Years
Min: 0.31   Med: 1.23   Max: 4.26
Current: 4.26

NSE:LENSKART's Interest Coverage is ranked worse than
78.97% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 15.875 vs NSE:LENSKART: 4.26

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lenskart Solutions  (NSE:LENSKART) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Lenskart Solutions Interest Coverage Related Terms

Lenskart Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lenskart Solutions's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Lenskart Solutions Interest Coverage Chart

Lenskart Solutions Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
0.00 0.31 1.23 3.95

Lenskart Solutions Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial 0.37 1.64 3.02 3.98 5.76

NSE:LENSKART vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, Lenskart Solutions's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lenskart Solutions Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Lenskart Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lenskart Solutions's Interest Coverage falls into.


NSE:LENSKART
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Lenskart Solutions Ltd NSE:LENSKART
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Lenskart Solutions Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lenskart Solutions's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Lenskart Solutions's Interest Expense was ₹-1,785 Mil. Its Operating Income was ₹7,046 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23,329 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*7045.97/-1784.54
=3.95

Lenskart Solutions's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Lenskart Solutions's Interest Expense was ₹-435 Mil. Its Operating Income was ₹2,509 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23,329 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2509.15/-435.39
=5.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 5.76 mean?
Lenskart Solutions (NSE:LENSKART) has a Interest Coverage of 5.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lenskart Solutions and its competitors. This is 368% above median its historical median of 1.23. Over the past decade, Lenskart Solutions' Interest Coverage has ranged from 0.31 to 4.26. According to the industry distribution chart, Lenskart Solutions ranks #368 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 79%.
Is Lenskart Solutions' Interest Coverage too high?
Lenskart Solutions' current Interest Coverage of 5.76 is 368% above median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 4.26. The Medical Devices & Instruments industry median Interest Coverage is 15.88. Lenskart Solutions' value of 5.76 is 63.7% below this industry median. Based on the distribution chart, Lenskart Solutions ranks #368 out of 466 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Lenskart Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Lenskart Solutions' Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Lenskart Solutions ranks #368 out of 466 companies for Interest Coverage. This places Lenskart Solutions in the lower half of its industry. The industry median Interest Coverage is 15.88. Lenskart Solutions' value of 5.76 is 63.7% below this benchmark. Historically, Lenskart Solutions' own Interest Coverage has ranged from 0.31 to 4.26 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 15.88, Lenskart Solutions has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lenskart Solutions's current Interest Coverage of 5.76 is 63.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lenskart Solutions and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lenskart Solutions's current Interest Coverage is 5.76, which is 368% above median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lenskart Solutions stock overvalued right now?
Lenskart Solutions (NSE:LENSKART) has a current Interest Coverage of 5.76. The current Interest Coverage is 5.76, which is 368% above median its 10-year median of 1.23 and 63.7% below the Medical Devices & Instruments industry median of 15.88. Lenskart Solutions' overall GF Score™ is 11/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Lenskart Solutions (NSE:LENSKART), the current Interest Coverage is 5.76 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lenskart Solutions Business Description

Other Exchanges 544600:India
Address Golf Course Road, Ground Floor, Vipul Tech Square, Sector- 43, Gurugram, HR, IND, 122009
Lenskart Solutions Ltd is a technology-driven eyewear company, with a belief that clear vision is fundamental to personal development and well-being. It sells a range of eyewear products including prescription eyeglasses, sunglasses, and other products such as contact lenses and eyewear accessories.
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