1. At a Glance
Humming Bird Education Ltd claims to be the only Olympiad-focused listed company in the world. It went from negative profits to positive partnerships—with CBSE, ASDC, HCL—and revenue more than doubled in 2 years. But… it’s also trading at a P/E of 101. A bird? A unicorn? Or just a quiz app in disguise?
2. Introduction with Hook
If EdTech is Hogwarts, Humming Bird is that Ravenclaw kid you forgot existed until they beat you in the final round of the quiz. From ₹2.4 Cr revenue in FY23 to ₹6.3 Cr in FY25, the company is flying (sort of). With CBSE recognition, Olympiad expansion, and B2G dreams under PMSHRI scheme, this bird is tweeting at the right ministries.
- 3-Year Profit CAGR: 51%
- ROCE FY25: 42.2%
- Operating Profit Margin: 5.7%
But wait… is it profit or just pocket change?
3. Business Model (WTF Do They Even Do?)
Humming Bird is a niche edu-player focused on:
- Olympiad Exams: Conducted across subjects, classes, and geographies.
- Educational Booklets: Study materials bundled with the Olympiads.
- Software & Licensing: For schools to run in-house evaluations.
- Strategic Collabs: CBSE, ASDC, HCL Jigsaw, Leo1.
Revenue
