Humming Bird Education Ltd
Incorporated in 2010, Humming Bird Education Ltd is in the business of conducting Olympiad exams and selling booklets for preparation of such exams. Company also sells educational content and provides software for schools[1]
- Market Cap ₹ 29.1 Cr.
- Current Price ₹ 475
- High / Low ₹ 733 / 276
- Stock P/E 91.0
- Book Value ₹ 40.3
- Dividend Yield 0.63 %
- ROCE 16.1 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 11.8 times its book value
- Company has a low return on equity of -10.4% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Education Industry: Miscellaneous
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 1.89 | 2.39 | 0.71 | 0.71 | 2.43 | 4.56 | |
| 1.36 | 2.08 | 1.34 | 1.08 | 2.30 | 4.32 | |
| Operating Profit | 0.53 | 0.31 | -0.63 | -0.37 | 0.13 | 0.24 |
| OPM % | 28.04% | 12.97% | -88.73% | -52.11% | 5.35% | 5.26% |
| 0.00 | 0.13 | -0.25 | 0.09 | 0.29 | 0.38 | |
| Interest | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.09 | 0.12 | 0.11 | 0.10 | 0.11 | 0.08 |
| Profit before tax | 0.44 | 0.32 | -1.00 | -0.38 | 0.31 | 0.54 |
| Tax % | 25.00% | 28.12% | 5.00% | 0.00% | 6.45% | |
| 0.33 | 0.22 | -0.95 | -0.38 | 0.29 | 0.36 | |
| EPS in Rs | 5.38 | 3.59 | -15.50 | -6.20 | 4.24 | 4.89 |
| Dividend Payout % | 0.00% | 69.32% | 0.00% | 0.00% | 70.38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| TTM: | 127% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| TTM: | 168% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 28% |
| 3 Years: | 58% |
| 1 Year: | 90% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -10% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 | 0.61 |
| Reserves | 2.33 | 2.53 | 1.54 | 1.19 | 1.44 | 1.86 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | |
| 0.21 | 0.30 | 0.18 | 0.18 | 0.20 | 1.15 | |
| Total Liabilities | 3.15 | 3.44 | 2.33 | 1.98 | 2.25 | 3.63 |
| 0.35 | 0.32 | 0.21 | 0.13 | 0.07 | 0.08 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2.80 | 3.12 | 2.12 | 1.85 | 2.18 | 3.55 | |
| Total Assets | 3.15 | 3.44 | 2.33 | 1.98 | 2.25 | 3.63 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| -0.05 | 0.22 | -1.00 | -0.45 | 0.07 | |
| -0.01 | 0.06 | 0.12 | 0.06 | 0.01 | |
| 2.44 | 0.00 | -0.04 | 0.00 | 0.00 | |
| Net Cash Flow | 2.38 | 0.28 | -0.91 | -0.38 | 0.09 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 1.93 | 3.05 | 0.00 | 0.00 | 3.00 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 1.93 | 3.05 | 0.00 | 0.00 | 3.00 |
| Working Capital Days | 17.38 | 6.11 | 5.14 | 61.69 | 54.07 |
| ROCE % | 11.51% | -22.68% | -19.24% | 16.10% |
Documents
Announcements
- Board Meeting Outcome for Outcome Of The Board Meeting Held On April 12, 2024 12 Apr
- Announcement under Regulation 30 (LODR)-Change in Directorate 12 Apr
- Certificate Under Regulation 40 (9) Of SEBI (LODR) Regulations, 2015 9 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
-
Announcement under Regulation 30 (LODR)-Resignation of Director
2 Apr - For Resignation of Mr. Vipul Khandelwal as an Independent Director.
Business Overview:[1]
Company is a Third Party Evaluator for students & teachers and world’s only Olympiad organization listed on BSE. Company helps students to understand their subjects and to enhance their factual, conceptual, reasoning, logical, analytical & problem solving skills