Primech Holdings Ltd. Ordinary Shares(PMEC)Earnings, Financials & Key Ratios
PMEC•NASDAQ
$0.66
$25M mkt cap·Price updated May 6, 2026
AboutPrimech Holdings Ltd. provides facilities and stewarding services in the public and private sectors in Singapore. Its facilities services include general cleaning and maintenance of public and private facilities, such as airports, conservancy areas, public areas, refuse disposal areas, and parks and carparks of public housing units; common areas of hotels, educational institutions, public roads, residential spaces, commercial buildings, office facilities, industrial areas, retail stores, and healthcare facilities; housekeeping services; specialized cleaning services, including marble polishing, building façade cleaning, and clean room sanitation services; and waste management and pest control services. The company also offers stewarding services comprising cleaning of the kitchen area of healthcare facilities, hotels, and restaurants, as well as supplies ad hoc customer service officers, and food and beverage service crews to healthcare facilities, hotels, and restaurants. In addition, it operates HomeHelpy, an online portal that allows individual customers to book cleaning services in homes and offices; and manufactures and sells cleaning supplies, such as hand soaps, hand soap dispensers, cleaning fluids, and garbage bags used for general, floor, carpet, restroom, or kitchen purposes, as well as treatment products used in the marine industry under the D'Bond brand name. The company was incorporated in 2020 and is based in Singapore. Primech Holdings Ltd. is a subsidiary of Sapphire Universe Holdings Limited.Show more
- Revenue$74M+2.5%
- EBITDA$3M+202.5%
- Net Income-$2M+40.0%
- EPS (Diluted)-0.05+45.0%
- Gross Margin23.57%+35.6%
- EBITDA Margin4.43%+195.0%
- Operating Margin-0.92%+76.0%
- Net Margin-2.61%+41.5%
- ROE-13.06%+51.8%
- ROIC-2.13%+74.3%
- Debt/Equity1.05-23.6%
- Interest Coverage-0.87+64.3%
PMEC Key Insights
Primech Holdings Ltd. Ordinary Shares (PMEC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Efficient asset utilization: 1.8x turnover
✗Weaknesses
- ✗Weak momentum: RS Rating 8 (bottom 8%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PMEC Price & Volume
Primech Holdings Ltd. Ordinary Shares (PMEC) stock price & volume — 10-year historical chart
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PMEC Growth Metrics
Primech Holdings Ltd. Ordinary Shares (PMEC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years9.25%
3 Years10.95%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years1.25%
5 Years0.43%
3 Years-9.17%
Last Year-3.17%
PMEC Peer Comparison
Primech Holdings Ltd. Ordinary Shares (PMEC) competitors in Facilities, Uniforms and Workplace Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 ABM | 2.38B | 40.64 | 15.69 | 4.62% | 1.78% | 8.8% | 0.95 | |
 SERV | 590.62M | 9.58 | -5.88 | 46.26% | -38.24% | -38.54% | 0.01 | |
 CTAS | 68.24B | 169.36 | 38.49 | 7.75% | 17.58% | 42.61% | 0.57 | |
 BV | 1.25B | 13.22 | 23.19 | -3.41% | 1.38% | 2.29% | 0.51 | |
 ACCO | 371.8M | 4.03 | 9.16 | -8.49% | 4.76% | 11.26% | 1.39 | |
 KELYA | 344.61M | 9.79 | -1.35 | -1.87% | -5.98% | -26.02% | 0.16 | |
 MYE | 774.55M | 20.72 | 22.28 | -1.26% | 4.23% | 12.22% | 1.29 | |
 ECL | 74.4B | 263.42 | 36.18 | 2.16% | 12.91% | 21.96% | 0.96 |
Compare PMEC vs Peers
Primech Holdings Ltd. Ordinary Shares (PMEC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PMEC Income Statement
Primech Holdings Ltd. Ordinary Shares (PMEC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 47.78M | 48.09M | 54.44M | 69.03M | 72.52M | 74.35M | 123.47M |
| Revenue Growth % | - | 0.65% | 13.21% | 26.79% | 5.07% | 2.52% | - |
| Cost of Goods Sold | 42.2M | 35.67M | 44.6M | 58.41M | 59.91M | 56.82M | 115.48M |
| COGS % of Revenue | 88.33% | 74.17% | 81.92% | 84.62% | 82.61% | 76.43% | - |
| Gross Profit | 5.57M▲ 0% | 12.42M▲ 122.8% | 9.84M▼ 20.7% | 10.62M▲ 7.8% | 12.61M▲ 18.8% | 17.53M▲ 39.0% | 7.99M▲ 0% |
| Gross Margin % | 11.67% | 25.83% | 18.08% | 15.38% | 17.39% | 23.57% | 6.47% |
| Gross Profit Growth % | - | 122.82% | -20.74% | 7.85% | 18.78% | 39% | - |
| Operating Expenses | 4.72M | 6.63M | 10.57M | 12.31M | 15.39M | 18.21M | 18.91M |
| OpEx % of Revenue | 9.88% | 13.8% | 19.42% | 17.84% | 21.22% | 24.49% | - |
| Selling, General & Admin | 4.81M | 6.68M | 8.79M | 9.88M | 12.45M | 15.11M | 18.91M |
| SG&A % of Revenue | 10.07% | 13.89% | 16.15% | 14.31% | 17.16% | 20.33% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 2.94M | 3.1M | 0 |
| Operating Income | 730.34K▲ 0% | 5.78M▲ 692.1% | -1.22M▼ 121.1% | -2.1M▼ 72.2% | -2.78M▼ 32.2% | -684K▲ 75.4% | -10.92M▲ 0% |
| Operating Margin % | 1.53% | 12.03% | -2.25% | -3.05% | -3.84% | -0.92% | -8.85% |
| Operating Income Growth % | - | 692.09% | -121.14% | -72.15% | -32.16% | 75.41% | - |
| EBITDA | 2.61M | 8.45M | 1.85M | 1.55M | 1.09M | 3.3M | -4.2M |
| EBITDA Margin % | 5.46% | 17.57% | 3.39% | 2.25% | 1.5% | 4.43% | -3.4% |
| EBITDA Growth % | - | 223.88% | -78.15% | -15.97% | -29.72% | 202.48% | - |
| D&A (Non-Cash Add-back) | 1.88M | 2.66M | 3.07M | 3.66M | 3.87M | 3.98M | 6.72M |
| EBIT | 730.34K | 5.78M | -729.67K | -1.83M | -2.57M | -975K | -2.56M |
| Net Interest Income | -234.78K | -202.52K | -369.22K | -723K | -1.15M | -789K | -1.09M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 234.78K | 202.52K | 369.22K | 723.3K | 1.15M | 789K | 1.09M |
| Other Income/Expense | -234.78K | -158.43K | 123.85K | -452.06K | -934K | -1.08M | 7.27M |
| Pretax Income | 495.56K▲ 0% | 5.58M▲ 1026.5% | -1.1M▼ 119.7% | -2.56M▼ 132.7% | -3.72M▼ 45.3% | -1.76M▲ 52.5% | -3.66M▲ 0% |
| Pretax Margin % | 1.04% | 11.61% | -2.02% | -3.7% | -5.12% | -2.37% | -2.96% |
| Income Tax | 185.79K | 219.32K | 164.27K | -10.13K | -493K | 456K | 154.14K |
| Effective Tax Rate % | 37.49% | 3.93% | -14.95% | 0.4% | 13.27% | -25.85% | -4.22% |
| Net Income | 309.76K▲ 0% | 5.36M▲ 1631.3% | -1.24M▼ 123.1% | -2.53M▼ 104.3% | -3.24M▼ 27.9% | -1.94M▲ 40.0% | -3.77M▲ 0% |
| Net Margin % | 0.65% | 11.15% | -2.28% | -3.67% | -4.47% | -2.61% | -3.05% |
| Net Income Growth % | - | 1631.34% | -123.11% | -104.32% | -27.93% | 40.04% | - |
| Net Income (Continuing) | 309.76K | 5.36M | -1.26M | -2.55M | -3.22M | -2.22M | -3.81M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 66.89K | 51.83K | 68K | -210K | 51.83K |
| EPS (Diluted) | 0.01▲ 0% | 0.15▲ 1624.1% | -0.03▼ 123.3% | -0.07▼ 104.0% | -0.10▼ 34.1% | -0.05▲ 45.0% | -0.12▲ 0% |
| EPS Growth % | - | - | -123.27% | -104.01% | -34.13% | 45.03% | - |
| EPS (Basic) | 0.01 | 0.15 | -0.03 | -0.07 | -0.10 | -0.05 | - |
| Diluted Shares Outstanding | 35.55M | 35.55M | 35.55M | 35.55M | 33.93M | 36.96M | 32.5M |
| Basic Shares Outstanding | 35.55M | 35.55M | 35.55M | 35.55M | 33.93M | 36.96M | 32.5M |
| Dividend Payout Ratio | 5.17% | 8.21% | - | - | - | - | - |
PMEC Balance Sheet
Primech Holdings Ltd. Ordinary Shares (PMEC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 18.08M | 22.05M | 18.79M | 27.44M | 31.33M | 29.01M | 27.44M |
| Cash & Short-Term Investments | 2.97M | 6.82M | 5.14M | 9.07M | 7.65M | 10.14M | 9.07M |
| Cash Only | 2.97M | 6.82M | 5.14M | 9.07M | 7.65M | 10.14M | 9.07M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 14.37M | 13.32M | 10.98M | 17.05M | 19.82M | 17.12M | 17.05M |
| Days Sales Outstanding | 109.77 | 101.12 | 73.59 | 90.15 | 99.75 | 84.04 | 43.78 |
| Inventory | 0 | 427.65K | 144.17K | 141.43K | 55K | 44K | 141.43K |
| Days Inventory Outstanding | - | 4.38 | 1.18 | 0.88 | 0.34 | 0.28 | 0.47 |
| Other Current Assets | 0 | -427.65K | 2.52M | 209 | 1.82M | 0 | 209 |
| Total Non-Current Assets | 4.77M | 6.9M | 14.41M | 15.39M | 14.18M | 12.19M | 15.39M |
| Property, Plant & Equipment | 2.84M | 4.31M | 12.43M | 14.05M | 13.49M | 11.8M | 14.05M |
| Fixed Asset Turnover | 16.81x | 11.16x | 4.38x | 4.91x | 5.38x | 6.30x | 9.57x |
| Goodwill | 369.3K | 531.47K | 813.03K | 693.02K | 667K | 391K | 693.02K |
| Intangible Assets | 1.13M | 768.84K | 385.75K | 92.59K | 21K | 2K | 92.59K |
| Long-Term Investments | 422.67K | -19.13K | -12.25K | -12.49K | 0 | 0 | -24.74K |
| Other Non-Current Assets | -3.49K | 1.29M | 781.33K | 552.77K | 0 | 0 | 2.74M |
| Total Assets | 22.85M▲ 0% | 28.95M▲ 26.7% | 33.2M▲ 14.7% | 42.82M▲ 29.0% | 45.51M▲ 6.3% | 41.2M▼ 9.5% | 42.82M▲ 0% |
| Asset Turnover | 2.09x | 1.66x | 1.64x | 1.61x | 1.59x | 1.80x | 3.30x |
| Asset Growth % | - | 26.68% | 14.68% | 28.99% | 6.27% | -9.47% | 45.98% |
| Total Current Liabilities | 9.23M | 10.29M | 12.43M | 24.52M | 22.74M | 20.87M | 24.52M |
| Accounts Payable | 4.67M | 5.41M | 8.69M | 10.9M | 9.41M | 10.33M | 10.9M |
| Days Payables Outstanding | 40.36 | 55.37 | 71.12 | 68.11 | 57.3 | 66.35 | 29.39 |
| Short-Term Debt | 3.33M | 1.81M | 2.47M | 11.9M | 11.28M | 8.48M | 11.9M |
| Deferred Revenue (Current) | 0 | 437.92K | 0 | 0 | 0 | 0 | -2.81M |
| Other Current Liabilities | 350.95K | 2.1M | 316.54K | -76 | 0 | 0 | -76 |
| Current Ratio | 1.96x | 2.14x | 1.51x | 1.12x | 1.38x | 1.39x | 1.39x |
| Quick Ratio | 1.96x | 2.10x | 1.50x | 1.11x | 1.38x | 1.39x | 1.39x |
| Cash Conversion Cycle | - | 50.13 | 3.65 | 22.92 | 42.78 | 17.97 | 14.86 |
| Total Non-Current Liabilities | 1.25M | 5.37M | 9.53M | 9.47M | 7.71M | 5.65M | 9.47M |
| Long-Term Debt | 0 | 3.71M | 7.45M | 7.11M | 5.71M | 4.33M | 7.11M |
| Capital Lease Obligations | 707.26K | 1M | 1.36M | 1.63M | 1.75M | 1.07M | 4.76M |
| Deferred Tax Liabilities | 539.62K | 655.3K | 711.46K | 725.89K | 251K | 255K | 2.84M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 10.48M | 15.66M | 21.96M | 33.99M | 30.45M | 26.52M | 33.99M |
| Total Debt | 4.84M | 7.35M | 12.01M | 22.36M | 20.79M | 15.47M | 22.36M |
| Net Debt | 1.86M | 529.45K | 6.86M | 13.29M | 13.14M | 5.33M | 13.29M |
| Debt / Equity | 0.39x | 0.55x | 1.07x | 2.53x | 1.38x | 1.05x | 1.05x |
| Debt / EBITDA | 1.85x | 0.87x | 6.51x | 14.42x | 19.08x | 4.69x | -5.33x |
| Net Debt / EBITDA | 0.71x | 0.06x | 3.72x | 8.57x | 12.06x | 1.62x | 1.62x |
| Interest Coverage | 3.11x | 28.56x | -3.31x | -2.91x | -2.43x | -0.87x | -2.35x |
| Total Equity | 12.37M▲ 0% | 13.28M▲ 7.4% | 11.24M▼ 15.4% | 8.83M▼ 21.4% | 15.06M▲ 70.5% | 14.68M▼ 2.5% | 8.83M▲ 0% |
| Equity Growth % | - | 7.38% | -15.37% | -21.43% | 70.49% | -2.52% | -71.3% |
| Book Value per Share | 0.35 | 0.37 | 0.32 | 0.25 | 0.44 | 0.40 | 0.27 |
| Total Shareholders' Equity | 12.37M | 13.28M | 11.17M | 8.78M | 14.99M | 14.89M | 8.78M |
| Common Stock | 10.09M | 12.72M | 12.72M | 12.72M | 22.19M | 23.96M | 12.72M |
| Retained Earnings | 1.37M | -1.23M | -3.28M | -5.81M | -9.05M | -10.99M | -5.81M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -17.94K | 872.51K | 808.81K | 946.9K | 923K | 995K | 946.9K |
| Minority Interest | 0 | 0 | 66.89K | 51.83K | 68K | -210K | 51.83K |
PMEC Cash Flow Statement
Primech Holdings Ltd. Ordinary Shares (PMEC) cash flow — operating, investing & free cash flow history
| Line item | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | 2.49M | 3.62M | 5.05M | -3.18M | -9.08M | 7.38M | 7.38M |
| Operating CF Margin % | 5.21% | 7.54% | 9.28% | -4.61% | -12.52% | 9.93% | - |
| Operating CF Growth % | - | 45.72% | 39.45% | -163% | -185.28% | 181.28% | -77.75% |
| Net Income | 309.76K | 5.36M | -1.26M | -2.55M | -3.24M | -2.22M | -3.77M |
| Depreciation & Amortization | 1.88M | 2.66M | 3.07M | 3.66M | 3.87M | 3.98M | 6.72M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 1.77M | 0 |
| Deferred Taxes | 76.27K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 142.74K | 27.65K | -32.61K | -47.51K | 3K | 323K | 8.61M |
| Working Capital Changes | 156.53K | -4.43M | 3.28M | -4.25M | -9.72M | 3.53M | -964.6K |
| Change in Receivables | 1.12M | -1.19M | 2.22M | -3.15M | -3.33M | 2.78M | -1.49M |
| Change in Inventory | -1.35M | 0 | -14.22K | 5.42K | 84K | 11K | 5.42K |
| Change in Payables | 310.63K | -776.77K | 2.21M | 1.97M | -1.33M | 879K | 4.18M |
| Cash from Investing | -733.46K | -3.22M | -2.55M | -1.13M | -807K | -1.03M | -3.68M |
| Capital Expenditures | -1.21M | -1.11M | -2.57M | -2M | -909K | -1.1M | -4.57M |
| CapEx % of Revenue | 2.54% | 2.32% | 4.72% | 2.9% | 1.25% | 1.48% | - |
| Acquisitions | 478.43K | -2.26M | -618.46K | 871.2K | 0 | 0 | 889.92K |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 478.43K | 153.78K | 637.18K | 871.2K | 102K | 67K | 0 |
| Cash from Financing | -2.96M | 2.31M | -3.63M | 8.01M | 8.18M | -4.39M | 4.38M |
| Debt Issued (Net) | 2.08M | 1.68M | -1.77M | 8.33M | -1.84M | -4.39M | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 1000K | 0 | 0 |
| Dividends Paid | -16.02K | -440.36K | -1.85M | -316.54K | 0 | 0 | -2.17M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -5.02M | -1.56M | 0 | 0 | 545K | 0 | 6.55M |
| Net Change in Cash | -1.41M▲ 0% | 3.84M▲ 373.0% | -1.67M▼ 143.5% | 3.93M▲ 334.8% | -1.42M▼ 136.2% | 2.5M▲ 275.4% | 2.26M▲ 0% |
| Free Cash Flow | 1.27M▲ 0% | 2.51M▲ 96.8% | 2.49M▼ 1.0% | -5.19M▼ 308.7% | -9.99M▼ 92.6% | 6.28M▲ 162.9% | -2.7M▲ 0% |
| FCF Margin % | 2.67% | 5.22% | 4.56% | -7.52% | -13.78% | 8.45% | -2.19% |
| FCF Growth % | - | 96.84% | -0.97% | -308.74% | -92.6% | 162.9% | - |
| FCF per Share | 0.04 | 0.07 | 0.07 | -0.15 | -0.29 | 0.17 | 0.17 |
| FCF Conversion (FCF/Net Income) | 8.03x | 0.68x | -4.08x | 1.26x | 2.80x | -3.80x | 0.72x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 789K | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PMEC Key Ratios
Primech Holdings Ltd. Ordinary Shares (PMEC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 41.81% | -10.11% | -25.22% | -27.11% | -13.06% | -42.69% |
| Return on Invested Capital (ROIC) | 30.94% | -5.75% | -7.85% | -8.29% | -2.13% | -2.13% |
| Gross Margin | 25.83% | 18.08% | 15.38% | 17.39% | 23.57% | 6.47% |
| Net Margin | 11.15% | -2.28% | -3.67% | -4.47% | -2.61% | -3.05% |
| Debt / Equity | 0.55x | 1.07x | 2.53x | 1.38x | 1.05x | 1.05x |
| Interest Coverage | 28.56x | -3.31x | -2.91x | -2.43x | -0.87x | -2.35x |
| FCF Conversion | 0.68x | -4.08x | 1.26x | 2.80x | -3.80x | 0.72x |
| Revenue Growth | 0.65% | 13.21% | 26.79% | 5.07% | 2.52% | - |
PMEC Frequently Asked Questions
Primech Holdings Ltd. Ordinary Shares (PMEC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Primech Holdings Ltd. Ordinary Shares (PMEC) reported $123.5M in revenue for fiscal year 2025. This represents a 158% increase from $47.8M in 2020.
Primech Holdings Ltd. Ordinary Shares (PMEC) grew revenue by 2.5% over the past year. Growth has been modest.
Primech Holdings Ltd. Ordinary Shares (PMEC) reported a net loss of $3.8M for fiscal year 2025.
Dividend & Returns
Primech Holdings Ltd. Ordinary Shares (PMEC) has a return on equity (ROE) of -13.1%. Negative ROE indicates the company is unprofitable.
Primech Holdings Ltd. Ordinary Shares (PMEC) had negative free cash flow of $2.7M in fiscal year 2025, likely due to heavy capital investments.
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Primech Holdings Ltd. Ordinary Shares (PMEC) financial analysis — history, returns, DCA and operating performance tools
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