HEMAS Holdings PLC was founded in 1948 as Hemas Drugs Ltd. by Sheikh Hasannally Esufally. It has since expanded into several sectors including pharmaceuticals, chemicals, toiletries, leisure, apparel, exports, transportation, and hospitals. Some key events include launching the popular Clogard toothpaste in the 1990s, restructuring and renaming the company in 1993, and opening Hemas Hospital in Wattala in 2008. The company generated Rs. 50.9 billion in revenue in 2017/2018 across its main sectors. A SWOT analysis identified strengths such as its ISO certification and marketing team, weaknesses like its small hotel and airline networks, opportunities in cross-sector collaboration and new markets