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Humming Bird Education Ltd.

BSE: 542592 Sector: Others
NSE: N.A. ISIN Code: INE02PC01019
BSE 00:00 | 07 May Humming Bird Education Ltd
NSE 05:30 | 01 Jan Humming Bird Education Ltd
OPEN 132.00
PREVIOUS CLOSE 132.00
VOLUME 1000
52-Week high 141.00
52-Week low 130.00
P/E 24.67
Mkt Cap.(Rs cr) 8
Buy Price 107.30
Buy Qty 1000.00
Sell Price 167.00
Sell Qty 1000.00
OPEN 132.00
CLOSE 132.00
VOLUME 1000
52-Week high 141.00
52-Week low 130.00
P/E 24.67
Mkt Cap.(Rs cr) 8
Buy Price 107.30
Buy Qty 1000.00
Sell Price 167.00
Sell Qty 1000.00

Humming Bird Education Ltd. (HUMMINGBIRDEDU) - Company History

Humming bird Education Limited was originally incorporated as a private limited company with the name Humming Bird Education Private Limited on August 23 2010. Subsequently the Company was converted into a public limited company and the name of the Company was changed to Humming bird Education Limited on October 10 2018.The Company is established by Mr. Nitesh Jain Founder and Promoter has served thousands of schools encompassing lakhs of students in more than 11 countries so far with the Olympiad examinations. The Company has been awarded with Asia's Greatest Brands of Year 2017-18pr by Price Water House Coopers P.L. and the promoter Mr. Nitesh Jain has been awarded with Asia's Greatest Leaders of Year 2017-18.An International Level Olympiad is a rigorous competitive examination where students are evaluated on a scientifically constructed syllabus and their academic performance is ranked relative to their peer group. Humming Bird's examinations use a multifaceted approach in judging students on their in-depth knowledge of the subjects as well as on enhance their factual conceptual reasoning logical analytical and problem solving skills helping them better understand their strengths and weaknesses further enabling them to convert their Olympiad results into superior scholastic gains and realize their true intellectual potential. As an added advantage this has also given an opportunity for schools to analyse the performance and prowess of their teachers with the help of deep insight provided by the Olympiads.The Company is asset light and centrally managed it has a vast franchisee network which has allowed them to spread their reach to intercontinental boundaries with a fast growing international base. Acting as its extension in branding and customer acquisition its franchisees enjoy a respectable business model with comfortable working hours and territorial rights strengthening its association with all with them. All its franchises have met their breakeven and are already profitable while increasing Hummingbird brand and footprint in their territories. With franchisees in India and abroad the company is focusing now on increasing its franchisee penetration up to district levels.Currently with only a 5% of the total Olympiad market is catered by the entire industry. With gaining popularity and with Olympiad being seen as a necessary supplement to in-house scholastic examinations Hummingbird has entrenched itself in a moat as the preferred partner for reputable schools. Being the only incorporated organisation and working as a model of professionalism and reliability the company has constantly gained market share from competitors while trailblazing into greenfield regions with its first ever in industry initiative of conducting Olympiads in regional languages supporting state boards and their students.