Humming Bird Education Ltd Share Price

Description

• 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 2017-18`pr 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.

• 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 2017-18`pr 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.