
Lakmé is owned by Hindustan Unilever Limited, the Indian subsidiary of Unilever PLC. The Tata Group founded the brand in 1952 and sold it to Hindustan Unilever in 1998 for approximately ₹200 crore. Hindustan Unilever is publicly traded on the National Stock Exchange of India and the Bombay Stock Exchange, while Unilever PLC holds roughly 61.9 percent of its shares.
Parent Company
Acquired
1998
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Lakmé | Hindustan Unilever Limited | Wholly owned |
Lakmé was founded in 1952 as a subsidiary of Tata Oil Mills, making it India's first domestically produced cosmetics brand. The founding story is unusual. Prime Minister Jawaharlal Nehru was concerned that Indian women were spending scarce foreign exchange on imported makeup and personally asked industrialist J.R.D. Tata to create an Indian alternative. Tata agreed, and the brand was named after the French opera Lakmé, itself named for the Hindu goddess Lakshmi.
Simone Tata, the French-born wife of naval officer and businessman Naval Tata, joined the company in the early 1960s and became chairperson in 1982. She shaped the brand's identity for more than three decades, turning it from a small lipstick and powder line into India's best-known color cosmetics name. Simone Tata died on December 5, 2025, at the age of 95, prompting a wave of retrospectives on the brand's origins in the Indian press.
Through the 1970s and 1980s Lakmé expanded into skincare, fragrance, and salon services. In 1985 the Tata group incorporated Tata's Lakmé Limited as a standalone cosmetics company. A decade later, in 1996, Tata formed the 50:50 Lakmé Unilever joint venture with Hindustan Lever to combine Tata's brand equity with Unilever's distribution. The partnership lasted two years. In 1998 Tata sold its entire stake to Hindustan Lever for approximately ₹200 crore, and Lakmé became a full Unilever brand.
Under Hindustan Unilever the brand widened well beyond its original range. It launched Lakmé Absolute as a premium makeup line, introduced mass-market hits such as the Eyeconic kajal range, and built a large salon business. Lakmé salons, operated through the HUL subsidiary Lakmé Lever Private Limited, passed 460 locations across India by the early 2020s, with the company opening new salons at a reported pace of roughly two per week. In 2000 Lakmé co-founded Lakmé Fashion Week with IMG Reliance, an event that became India's most prominent fashion platform and gave the brand deep ties to the country's designer industry.
In 2025 Hindustan Unilever continued to use Lakmé for new category entries, including sun-care products launched under the Lakmé and Vaseline brands. The brand remains one of the anchors of HUL's Beauty and Wellbeing portfolio alongside Glow and Lovely, Pond's, and the acquired direct-to-consumer label Minimalist.
What does Hindustan Unilever own?
HUL owns more than 50 brands across home care, beauty, personal care, and foods, including Surf Excel, Lifebuoy, Lux, Lakmé, Dove, Horlicks, Kissan, and Kwality Wall's. Nineteen of its brands each generate over ₹1,000 crore in annual turnover. It acquired the D2C skincare brand Minimalist in 2025.
Is Hindustan Unilever publicly traded?
Yes. HUL trades on the National Stock Exchange of India under HINDUNILVR and on the Bombay Stock Exchange under 500696. It is a constituent of the Nifty 50 index.
Who founded Hindustan Unilever?
No single founder exists; the company began as Lever Brothers India Limited in 1933, a subsidiary of Britain's Lever Brothers, and merged with Indian firms in 1956 to become Hindustan Lever. It adopted its current name in 2007.
Where is Hindustan Unilever headquartered?
The company is headquartered in Mumbai, Maharashtra, India, at the Unilever House campus in the Andheri district. It was founded in Bombay and has remained Mumbai-based throughout its history.
How many brands does Hindustan Unilever own?
HUL manages a portfolio of more than 50 brands, concentrated under its Power Brands strategy on roughly 35 core properties. Around 19 brands each exceed ₹1,000 crore in annual turnover.
Who owns Hindustan Unilever?
Unilever PLC owns approximately 61.9 percent of HUL, making it the controlling parent. The remaining shares trade publicly on Indian exchanges held by institutions and retail investors.
Is Hindustan Unilever related to Unilever?
HUL is a separately listed subsidiary of Unilever PLC, the British consumer goods group. HUL operates Unilever's India business, localizes global brands, and owns India-specific properties such as Lakmé, Surf Excel, and Horlicks.
Lakmé is not certified cruelty free by Leaping Bunny or PETA. The brand does not appear on PETA's Beauty Without Bunnies list as of November 2026, and Hindustan Unilever's animal testing disclosures follow Unilever group policy, which supports alternatives to animal testing but sells in jurisdictions where testing may be legally required.
Parent company Unilever is a member of the Roundtable on Sustainable Palm Oil and has published science-based emissions targets through the Science Based Targets initiative. Hindustan Unilever publishes its own sustainability disclosures under India's Business Responsibility and Sustainability Reporting framework. These certifications apply at the corporate level rather than to Lakmé products specifically, and the brand itself holds no independent vegan or organic certification.
Lakmé has no major product recalls on record with Indian or international regulators. The brand has faced periodic criticism in Indian media over skin-lightening adjacency, a controversy that touched the wider category rather than Lakmé specifically. Parent company HUL renamed its Fair and Lovely range to Glow and Lovely in 2020 after sustained criticism that fair-skinned beauty ideals were discriminatory.
A recurring point of confusion, sometimes covered critically in Indian press, is the continuing public belief that the Tata Group still owns the brand. The Tata connection ended in 1998, and the original Lakmé Limited corporate entity survives today as Trent Limited, the Tata retail company behind the Westside chain, which has no connection to the cosmetics business.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Lvmh | France | 1969 | Premium | Global | Female-focused | |
| Ulta Beauty Inc | USA | 1990 | Mass market | Global | Unisex | |
| Lvmh | United States | 2017 | Premium | Global | Womens | |
| Loreal | France | 1909 | Market leader | Global | All Genders | |
| Mary Kay | USA | 1963 | Mass market | Global | Womens | |
| Loreal | USA | 1915 | Mass market | Global | Unisex |
Beauty Personal CareOwned by LVMH Moët Hennessy Louis Vuitton SE
Global prestige beauty retailer owned by LVMH. Founded in 1969 in France, Sephora operates over 2,200 stores in 35 countries. Offers cosmetics, skincare, fragrance, and haircare from hundreds of brands in a self-service retail format.
Beauty Personal CareOwned by Ulta Beauty, Inc.
American beauty and cosmetics retailer offering a wide selection of makeup, skincare, and beauty products.
Beauty Personal CareOwned by LVMH Moët Hennessy Louis Vuitton SE
Inclusive cosmetics brand co-created by Rihanna and LVMH in 2017, known for 40-shade foundation range and the Fenty Effect on the beauty industry.
Beauty Personal CareOwned by L'Oréal S.A.
L'Oréal Group flagship mass-market beauty brand, sold in over 150 countries. Skincare, haircare, makeup, and hair colour products.
Beauty Personal CareOwned by Mary Kay Inc.
American direct-selling skincare and cosmetics brand founded by Mary Kay Ash in 1963 and still owned by the founding family through Mary Kay Inc.
Beauty Personal CareOwned by L'Oréal S.A.
Maybelline is the world's number one makeup brand, owned by L'Oreal S.A. (Euronext: OR) and sold in over 120 countries.
Market Positioning: Lakmé competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Hindustan Unilever Limited, giving you alternative choices that support different corporate structures.
Beauty Personal CareOwned by Mary Kay Inc.
American direct-selling skincare and cosmetics brand founded by Mary Kay Ash in 1963 and still owned by the founding family through Mary Kay Inc.
Mary Kay is privately owned, unlike Lakmé which is under a publicly traded parent company.
Beauty Personal CareOwned by Kenvue
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Beauty Personal CareOwned by Walgreens Boots Alliance
No7 Beauty Company is a British skincare and cosmetics brand founded in 1935 by Boots, now a standalone business under The Boots Group and Sycamore Partners.
No7 Beauty Company is privately owned, unlike Lakmé which is under a publicly traded parent company.
Beauty Personal CareOwned by Alchemee LLC
American acne treatment system built around benzoyl peroxide and adapalene routines, owned by Alchemee under Taro Pharmaceutical.
Proactiv is privately owned, unlike Lakmé which is under a publicly traded parent company.
Beauty Personal CareOwned by Glossier, Inc.
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Glossier is privately owned, unlike Lakmé which is under a publicly traded parent company.
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IPSY is privately owned, unlike Lakmé which is under a publicly traded parent company.
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