Hemas Holdings

What Hemas Holdings does

Hemas Holdings PLC is a publicly listed Sri Lankan conglomerate (Colombo Stock Exchange ticker: HHL) operating across three core sectors: Consumer Brands, Healthcare, and Mobility. The Consumer Brands portfolio comprises 12+ sub-brands spanning baby care (Baby Cheramy, 1962), oral care (Clogard, 1992), laundry (Diva, 2003), feminine hygiene (Fems), hair care (Kumarika), men's grooming (Gold), beauty (Velvet, Vivya, Paris, Goya), and learning/stationery (Atlas, acquired 2018 and wholly owned since 2023). Manufacturing is concentrated at the Dankotuwa industrial complex and Homagama pharmaceutical plant, with proprietary consumer technologies including the Golden Trice Blend (heirloom rice skincare), Fit to Body (sanitary napkins), and Triple Action detergent stack.

The Healthcare segment covers pharmaceutical distribution and WHO-GMP compliant manufacturing through Morison Limited (70+ year heritage brands including Gripe Mixture, Lacto Calamine, Valmelix), plus Hemas Hospitals operating two state-of-the-art facilities in Wattala (with cardiac catheterization and mammography) and the newly opened Thalawathugoda site, holding ACHSI international accreditation. Revenue from this segment reached Rs. 33.6 billion in FY2024 H1 with Rs. 2.8 billion operating profit.

The Mobility segment acts as a captive channel partner and General Sales Agent representing international principals: Forbes Air Services has been Emirates' GSA in Sri Lanka for 30+ years managing 28 weekly flights, while Hemas Maritime/Evergreen Shipping Agency Lanka, Mazu Shipping, and FAR Shipping Agency (ISO 9001:2015) collectively service 17 container services and feeder routes across the Indian Subcontinent, Far East, and Bay of Bengal. Total H1 FY2024 group revenue was Rs. 54.4 billion with Rs. 5.0 billion operating profit; Hemas sells through a horizontally segmented model across traditional trade, modern trade, pharmacy, hospital, and GSA channels, with recent digital additions including the Fio period-tracking app, Hair Buddy e-commerce brand, and Baby Cheramy Diaper Helpdesk generative AI chatbot.

Name

Hemas Holdings

Legal name

Hemas Holdings PLC

Website

https://hemas.com

Company type

Public

Founded year

1948

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Hemas Holdings PLC is a publicly listed Sri Lankan conglomerate (CSE: HHL) operating across Consumer Brands (FMCG including Baby Cheramy, Clogard, Diva, Fems, Kumarika, Atlas), Healthcare (Morison pharmaceuticals, Hemas Hospitals), and Mobility (GSA for Emirates and Evergreen shipping), serving households, patients, and international principals across Sri Lanka and selected South Asian markets.

Ownership category

akta.pro rank

Product category

Diversified Conglomerate (FMCG, Healthcare, Mobility)

NAICS

General Warehousing and Storage (493110)

SIC

Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Pharmaceutical & Life Sciences Warehousing (GDP-Compliant) (TLAIACAD)

akta.pro secondary industry

Laundry & Textile Care Chemicals & Supplies Distribution (CRAOAGAI)

Keywords

• FMCG manufacturing
• Personal care products
• Pharmaceutical distribution
• Healthcare services
• Logistics agency

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Consumer Brands: FMCG products including home care, personal care, feminine hygiene, baby care, oral care, hair care, and stationery/learning products. Revenue generated through sale of branded consumer goods across Sri Lanka and select international markets (Bangladesh, Nepal).
2. Healthcare - Pharmaceuticals: Pharmaceutical distribution and manufacturing. Distribution business holds market-leading position. Manufacturing includes Morison branded OTC products and prescription medications. Sector reported Rs. 33.6 billion cumulative revenue with Rs. 2.8 billion operating profit.
3. Healthcare - Hospitals: Private hospital services including inpatient admissions, outpatient volumes, and medical screenings. Hemas Hospitals includes facilities in Wattala and Thalawathugoda. Cardiac catheterization services added recently.
4. Mobility - Aviation: Forbes Air Services operates as GSA for Emirates Airline for over 30 years. Supervises 28 weekly flights, managing passenger sales, cargo, pricing, retail services, and contact center operations.
5. Mobility - Maritime: Evergreen Shipping Agency Lanka (6th largest container shipping line globally), Hemas Maritime, Mazu Shipping, and FAR Shipping Agency provide shipping agency services, logistics, and maritime solutions. Maritime sector experienced positive boost in volume and freight rates.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Hemas Holdings PLC is a diversified Sri Lankan conglomerate that manufactures and distributes fast-moving consumer goods (FMCG) including baby care, personal care, oral care, feminine hygiene, hair care, and home care products under brands such as Baby Cheramy, Clogard, Diva, Fems, Kumarika, and Velvet. The group also operates Hemas Hospitals, distributes and manufactures pharmaceuticals through Hemas Pharmaceuticals and Morison Limited, and provides aviation and maritime logistics services as General Sales Agent (GSA) for Emirates Airline and as shipping agent for Evergreen Line and FAR Shipping.

Product overview

Hemas Holdings is a diversified Sri Lankan conglomerate operating three core business segments: Consumer Brands (home and personal care, baby care, beauty, oral care, hair care, feminine hygiene, pharmaceuticals, and learning/stationery products), Healthcare (hospitals, pharmaceutical distribution and manufacturing), and Mobility (maritime and aviation logistics). The Consumer Brands portfolio comprises multiple sub-brands including Baby Cheramy, Clogard, Dandex, Diva, Fems, Goya, Kumarika, Velvet, Vivya, Paris, Gold, Morison, and Atlas. Healthcare includes Hemas Hospitals, Hemas Pharmaceuticals, and Morison pharmaceutical manufacturing. Mobility operates through Forbes Air Services, Evergreen Shipping Agency, Far Shipping Agency, and Mazu Shipping.

Differentiator

Problem solved

Functional benefit

Brands

• Baby Cheramy Peach Range: Original range of mild baby care products including soap, cream, cologne, shampoo and baby oil.
• Baby Cheramy Floral Range
• Baby Cheramy Herbal Range
• Baby Cheramy Nil Manel Range
• Velvet Body Lotion
• Velvet Bodywash
• Vivya Pure Glow Face Wash
• Vivya Skin Recharge Serum
• Vivya Advanced Radiance Day Cream
• Vivya Intense Restore Night Cream
• Morison Gripe Mixture
• Morison Lacto Calamine
• Morison Valmelix
• Morison Baby Feeding Bottles
• Morison Glucomile
• Clogard Original Toothpaste
• Clogard Natural Salt Toothpaste
• Clogard Pancha Shakthi
• Clogard Chooty
• Diva Triple Action Detergent Powder
• Diva Power Germ Guard
• Diva Power Colour Guard
• Diva PODS
• Fems Aya
• Fio
• Kumarika Hair Oil
• Kumarika Therapy Range
• Velmetite Skin Care
• Hemas Health Plus

Products and services

• Baby Cheramy Sri Lanka's leading baby care brand with 60-year heritage, offering toiletries, accessories, and skincare products for infants including Peach, Floral, Herbal, and Nil Manel ranges.
• Clogard Oral care brand offering toothpastes (Original, Natural Salt, Pancha Shakthi, Chooty for children), toothbrushes, and mouthwash for complete family dental care.
• Diva Flagship laundry brand offering detergent powder with Triple Action technology (Stain Fighter, Perfume Boost, Optical Brightener), liquid detergent, PODS, and Power range products.
• Fems Feminine hygiene brand offering sanitary napkins including Drytex Wings, Cotton Feel Wings, Superior Heavy Flow, and affordable Fems Aya line with Fit to Body technology.
• Kumarika

Quantifiable outcome

• Reduced water intensity by 11.8% to 1.5 m³ per rupee million in revenue
• +4 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Sisili Hanaro Encare (Encare)coreStrategic or Co-development Partner · 30 January 2026Service provider for safe collection and recycling of sanitary napkins under the Purple Bin Project. Encare manages Sri Lanka's largest centralized clinical waste management facility, approved by Central Environmental Authority. Collected sanitary napkins are recycled into eco-friendly bricks for sustainable building materials.
• University of Sri Jayewardenepura (USJ)minorStrategic or Co-development Partner · 4 November 2025Hemas Consumer Brands and USJ forged landmark partnership to empower future leaders through educational and professional development initiatives.
• Neptune RecyclerscoreStrategic or Co-development Partner · 4 November 2025MoU for large-scale plastic waste collection. HCB pledged to collect and recycle 540,000 kg of plastic waste within 2.5 years as part of commitment to collect equivalent of 100% of plastic waste generated by 2030. Project engages 10-25 collectors earning sustainable income.
• Sri Lanka College of PaediatriciansminorStrategic or Co-development Partner · 10 October 2025Baby Cheramy and Sri Lanka College of Paediatricians partnership for child safety initiatives including Home Accidents Prevention Guide booklet launch.
• Dialog Business ServicesminorStrategic or Co-development Partner · 8 October 2025Partnership with Dialog Business Services and H.E.R Foundation to redefine period confidence across Sri Lanka through infrastructure support for menstrual health.
• Mary Kay Inc. / Reiner Meutsch FLY & HELP FoundationminorStrategic or Co-development Partner · 23 September 2025Partnership through Pink Changing Lives Program where Mary Kay and FLY & HELP Foundation with Hemas Holdings inaugurated the 11th Mary Kay preschool in Dankotuwa, Sri Lanka. Renovation funded at €42,000 converted unsafe building into safe learning facility for approximately 50 children aged 3 to 5.
• Sri Lanka Red Cross SocietyminorStrategic or Co-development Partner · 9 July 2025Fems expanded Api Katha Karamu menstrual health program partnering with Red Cross, United Communities, and Ministries of Health and Education - Sri Lanka's largest menstrual health and hygiene education program.
• Hemas Hospital Wattala / Cardiac Catheterization PartnerscoreTechnology or Integration · 1 April 2025Hemas Hospital Wattala entered cardiac care with Sri Lanka's most advanced technology in cardiac catheterization, providing state-of-the-art heart care services.
• 1990 Suwa Seriya FoundationminorStrategic or Co-development Partner · 28 January 2025Hemas Pharmaceuticals partnered with Adopt an Ambulance initiative to support emergency medical services in Sri Lanka.
• Department of Probation Child Care ServicescoreStrategic or Co-development Partner · 1 October 2024MoU signed to extend Atlas SipSavi Scholarship Program for five years. Program addresses critical need where more than 20,000 children have discontinued education due to financial difficulties. Atlas provides educational materials and monthly allowances to selected children.
• Hatch (Slingshot Accelerator)minorStrategic or Co-development Partner · 5 June 2024Hemas and Hatch partnership for Slingshot 2.0 accelerator program to propel Sri Lankan startups. Second iteration of successful accelerator supporting innovation and entrepreneurship.
• Sri Lanka College of Endocrinologists (SLCE)coreStrategic or Co-development Partner · 1 February 2024Partnership for Certificate Training Course in Diabetes Care - first of its kind in Sri Lanka. Addresses critical need for widespread expertise in diabetes management as disease prevalence outpaces specialist capacity. Inaugural batch had over 65 GPs completing the program.

Scale indicators15 records

Recent moves8 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/hemasholdingsplc
• Facebookfacebook.com/hemasholdingsplc
• LinkedInlinkedin.com/company/hemas-holdings-plc
• Instagraminstagram.com/hemasholdingsplc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hemas Holdings