Dolls is a movie which deals with a story circulating around a heritage Vaidyamadam. Years ago the physician (Vaidhyan) of the Vaidhyamadam discovered a great poison mix. As he understood that medicine can be extremely harmful and can be used for bad purposes he kept the secret about the poison mix and he didn't revealed at all.
The youngest generation of that Vaidhyamadam is Dileep. He is a well known doctor at a hospital in Dubai. Dileep's classmates Anoop, Santhosh, Parvathy and Dileep's professor , Prof: Ravi are also working along with Dileep. But later the secret about the poison mix got leaked somehow and Dileep gets it.
Dileep and his friends decided to try this medicine in one person. But that person later comes to know about the after effects of that medicine and he refuses to volunteer for that experiment. The story forwards about what Dileep is going to do with that poison mix.