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Issue Date:20 January 2017     Price in Rs. R 6500    Price in USD. $ 100

Formerly known as Hindustan Latex Limitd, Thiruvananthapuram, Kerala based HLL Lifecare is a public sector company in a large range of healthcare products and services. In its earlier avatar, the company was largely known for making condoms. Now it has diversified into many other areas.

It produces health care products, including: condoms,contraceptive pills, IUDs, surgical sutures,blood bags and Pharma products. Its condom brands are Deluxe Nirodh and Mala-D made for distribution by the government. It also has brands available at retail outlets – Moods for men and Saheli for women. The company is now also developing export presence in condoms.

Amongst diversifications, in 2005, HLL Life tied up with the Government of India in setting up Amrit pharmacies across India for providing cheaper medicines for Cancer and Cardiovascular disorders. In the same year, it established LifeSpring Hospitals, a 50-50 joint venture with the Acumen Fund, a U.S.-based nonprofit global venture philanthropy fund, to provide low-cost maternity services, starting at Hyderabad. Today it has nine hospitals across Andhra Pradesh.

The company crossed revenues of Rs 10B in 2015; and is a profitable company.

  • Company Background
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