Cosmetics are the substances used to alter the appearance of the human body. Current cosmetic lip products are based on use of toxic chemical ingredients with various adverse effects. Now a days the demands for herbal cosmetics in the world market are increasing leading to usage of natural ingredients for the production of lip balm. In the present work, Lip Balm using papaya as the main ingredient is prepared. The pH of the Lip balm was found to be 7.5 and the melting point was 60˚C - 61˚C. After performing stability studies at room temperature (27.0˚C ± 3.0˚C), refrigerated condition (5.0˚C ± 2.0˚C) and oven temperature (42.0˚C ± 2.0˚C), it proved that prepared Lip balm was uniform in nature, without any deformation at room temperature and refrigeration. The prepared lip balm was evaluated for the parameters such as colour, appearance, odour, pH, patch test, Spreadability, stability and melting point.