Yash Optics & Lens Ltd - Stock Valuation and Financial Performance

Yash Optics & Lens Limited was originally incorporated on July 23, 2010 as ‘Yash Optics & Lens Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai, Maharashtra. Subsequently, the company was converted into Public Limited Company and name of company was changed from “Yash Optics & Lens Private Limited” to “Yash Optics & Lens Limited” vide fresh certificate of incorporation dated January 29, 2024 issued by the Registrar of Companies, Centralised Processing Centre.

Established in the year 2010, initially the company was engaged in trading and distribution of spectacle and optical lenses which were sourced from Indian importers and traded in Mumbai. Over the years, it has increased its product portfolio with brands like Seto, IRIS etc. and expanded its network & distribution channel in Maharashtra, Gujarat and Rajasthan. Under the trading space, the company sources the spectacle/optical lenses and market the same under its own brands for further sale through distributors and own retail channels. 

The company provides wide array of vision correction solutions. The company is primarily engaged in the business of manufacturing, trading, distribution and supplying of comprehensive range of spectacle/optical lenses. It is offering from single vision lenses to advanced progressive lenses, customized progressive lenses to personalized progressives for professionals along with wide range of coatings. Its products are available across the entire range of price points enabling it to serve the entire gamut of customers from economy. The company manufactures the lenses based on order and prescription received from the customers. 

Its manufacturing facility is situated at Government Industrial Estate, Ganesh Nagar, Kandivali (West), Mumbai, is well equipped with required facilities including machinery, other handling equipment’s to facilitate smooth manufacturing process and easy logistics. It endeavors to maintain safety in its premises by adhering to key safety norms, established through its internal health and safety manual, accompanied by regular safety meetings. Its manufacturing facility is accredited with ISO 9001:2015 for quality management system for the manufacturing, import, export, trading, stockiest and supplier of ophthalmic lens and ophthalmic products.

Business area of the company

The company is primarily engaged in the business manufacturing of optical lenses and other ancillary products.

Products of the company

Single vision lenses

Bifocal lenses

Progressive lenses

Special category lenses

History and milestones 

2010: Incorporation of the company under the name “Yash Optics & Lens Private Limited”

2021: Acquisition of M/s Yash Lenses, a proprietary firm of one of its Promoter, Mr. Tarun Manahrlal Doshi. 

2022: Appointed by HOYA Lens India Private Limited, as an exclusive distributor to sell, market and distribute the “Pentax” brand of Ophthalmic lenses. 

2022: ISO 9001:2015 for quality management system for the manufacturing, import, export, trading, stockiest and supplier of ophthalmic lens and ophthalmic products.

2024: Converted to Public Limited Company and Name changed to “Yash Optics & Lens Limited”.