PMEC on Nasdaq

Primech Holdings Ltd

Primech Holdings Ltd is a to dwellings and buildings services company, listed on Nasdaq (PMEC).1

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Last updated Oct 21, 2026.

Overview

$74.3MRevenue, fiscal 20252
-$1.9MNet income, fiscal 20252

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  • TickerPMEC on Nasdaq1
  • IndustryServices-To Dwellings & Other Buildings1
  • Business address60 Macpherson Road, Siemens Centre, #04-08, Singapore, 3486153
  • Filer categoryNon-accelerated filer, Emerging growth company3

In 2018, Sapphire Universe, one of our Major Shareholders, acquired Primech Services & Engrg Pte Ltd, A&P Maintenance and Acteef Cleaning, in three separate transactions. Each of these companies had, prior to their acquisition, already been operating for approximately 30 years or more. Historically, Primech Services & Engrg was focused on providing cleaning services to a major Asian aviation hub and educational institutions, while A&P Maintenance and Acteef Cleaning were focused on providing cleaning services to offices. In 2020, Sapphire Universe also acquired Maint-Kleen which was focused on providing conservancy services. The acquisitions by Sapphire Universe of Primech Services & Engrg, A&P Maintenance, Acteef Cleaning and Maint-Kleen have enabled our Group to provide a wide spectrum of cleaning services.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1.3%Operating margin2
-2.6%Net margin2
2.5%Revenue growth, 20252
-13.0%Return on equity2
0.29×Debt to equity2
$6.3MFree cash flow2

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Facilities Cleaning Services brought in 82% of the revenue Primech Holdings Ltd broke down this way in fiscal 2026.

  1. Facilities Cleaning Services$63.9M582%up 9% from 2025
  2. Cleaning Services For Commercial Office Tenants$7.6M510%up 7% from 2025
  3. Stewarding Services$6.2M58%down 25% from 2025
  4. Sales Of Products$252.0K50%down 19% from 2025
  5. Lease of cleaning robots$12.0K50%
Products and services by year
Products and services20252026
Facilities Cleaning Services$58.6M$63.9M
Cleaning Services For Commercial Office Tenants$7.1M$7.6M
Stewarding Services$8.4M$6.2M
Sales Of Products$312.0K$252.0K
Lease of cleaning robots$12.0K

Business segments

Facilities Services brought in 100% of the revenue Primech Holdings Ltd broke down this way in fiscal 2026.

  1. Facilities Services$78.0M5100%
  2. Robotic$12.0K50%
Business segments by year
Business segments2026
Facilities Services$78.0M
Robotic$12.0K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue76¢$56.8M
  • Other costs22¢$16.3M
  • Interest1¢$789.0K
  • Income tax1¢$456.0K

Out of $74.3M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending15¢$1.1M
  • Kept or used elsewhere85¢$6.3M

Out of $7.4M of cash from operations.2

Financial statements

Revenue62$74.3M in 2025+8% since 2023
0$20.0M$40.0M$60.0M$80.0M2023: $69.0M$69.0M20232024: $72.5M$72.5M2024+5%2025: $74.3M$74.3M2025+3%
Operating income62-$948.0K in 2025−55% since 2023
-$3.0M-$2.0M-$1.0M02023: -$2.1M-$2.1M20232024: -$2.8M-$2.8M2024+32%2025: -$948.0K-$948.0K2025−66%
Net income62-$1.9M in 2025−23% since 2023
-$4.0M-$3.0M-$2.0M-$1.0M02023: -$2.5M-$2.5M20232024: -$3.2M-$3.2M2024+28%2025: -$1.9M-$1.9M2025−40%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2026-03-312025-03-31
Revenues, net$78.0M$74.3M
Cost of revenue (net of $2,805 and $4,148 of government subsidies)$64.7M$56.8M
General and administrative expenses (net of $201 and $318 of government subsidies)$14.4M$16.2M
Sales and marketing expenses$864.0K$2.0M
Goodwill impairment$291.0K
Total operating costs and expenses$80.0M$75.3M
Loss from operations-$2.0M-$948.0K
Other operating income (expense), net (includes $60 and $8 of government subsidies)$57.0K-$27.0K
Interest expense-$672.0K-$789.0K
Loss before income taxes-$2.6M-$1.8M
Income tax expense-$366.0K-$456.0K
Net loss-$3.0M-$2.2M
Loss attributable to non-controlling interests$530.0K$278.0K
Net loss attributable to Primech Holdings Limited-$2.4M-$1.9M
Other comprehensive income (loss): Currency translation adjustment$794.0K$72.0K
Comprehensive loss-$2.2M-$2.1M
Comprehensive loss attributable to non-controlling interests$528.0K$278.0K
Comprehensive loss attributable to Primech Holdings Limited-$1.6M-$1.9M
Basic (in Dollars per share)-$0.06-$0.05
Diluted (in Dollars per share)-$0.06-$0.05
Basic (in Shares)38.4M shares37.6M shares
Diluted (in Shares)38.4M shares37.6M shares
Cost of revenue net of government subsidies$2.8M$4.1M
General and administrative expenses net of government subsidies$201.0K$318.0K
Other operating income, net of government subsidies$60.0K$8.0K

Compare Primech Holdings Ltd with another company

Corporate structure

Primech Holdings Ltd sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Primech Holdings Ltd

  • Sapphire Universe Holdings Ltd Filed SCHEDULE 13D/A on Primech Holdings Ltd, latest Apr 10, 2026 (4 filings since Nov 7, 2023)
  • Kin Wai Ho Filed SCHEDULE 13D/A on Primech Holdings Ltd, latest Mar 27, 2026 (2 filings since Mar 18, 2026)
  • Yu-Fan Lin Filed SCHEDULE 13G/A on Primech Holdings Ltd, latest Oct 2, 2025 (2 filings since Aug 12, 2025)
  • Primech Holdings Ltd

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Primech Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$18.6M2 Mar 31, 2025$18.0M2 Mar 31, 2024+3.1%
Accumulated depreciation$8.9M2 Mar 31, 2025$8.0M2 Mar 31, 2024+12.0%
Property and equipment, net$9.7M2 Mar 31, 2025$10.1M2 Mar 31, 2024−3.9%
Operating-lease assets (leased space)$2.1M2 Mar 31, 2025$3.4M2 Mar 31, 2024−37.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$10.1M2 Mar 31, 2025$7.6M2 Mar 31, 2024+32.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$391.0K2 Mar 31, 2025$667.0K2 Mar 31, 2024−41.4%
Intangible assets, net (excluding goodwill)$2.0K2 Mar 31, 2025$21.0K2 Mar 31, 2024−90.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$44.0K2 Mar 31, 2025$55.0K2 Mar 31, 2024−20.0%

Leadership

Who has led Primech Holdings Ltd, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kin Wai Ho2026–now

Chief financial officer

  1. Kit Yu Lee2026–now
Board members and other officers (4)

Timeline

  1. Mar 18, 2026New chief executive Kin Wai Ho becomes CEO7

Filings

111 filings to the SEC since October 2021: 3 annual reports, 11 insider forms, 8 large holders, 89 other. The latest 20:

  1. Oct 14, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Sep 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  3. Sep 16, 20264 OWNERSHIP DOCUMENT EDGAR
  4. Sep 16, 20264 OWNERSHIP DOCUMENT EDGAR
  5. Sep 16, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Sep 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  7. Aug 26, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  8. Jul 29, 202620-F ANNUAL REPORT EDGAR
  9. Jul 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  10. Jul 9, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  11. Jun 4, 2026S-8 REGISTRATION STATEMENT EDGAR
  12. Apr 10, 2026SCHEDULE 13D/A EDGAR
  13. Mar 30, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  14. Mar 27, 20264 EDGAR
  15. Mar 27, 2026SCHEDULE 13D/A EDGAR
  16. Mar 26, 20263 EDGAR
  17. Mar 18, 20263 EDGAR
  18. Mar 18, 2026SCHEDULE 13D EDGAR
  19. Mar 18, 20263 EDGAR
  20. Mar 18, 20263 EDGAR

The 111 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 23, 2026Ho Kin WaiChief Executive OfficerBuy839,963$1.14$957.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Primech Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPrimech Holdings Ltd1
  • CIK0001891944
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company4
  • Incorporated inSingapore4
  • Industry code (SIC)7340 Services-To Dwellings & Other Buildings1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address60 Macpherson Road, Siemens Centre, #04-08, Singapore, 348615, Singapore1
  • Phone65 628618681
  • Shares outstanding38,417,987 shares as of Mar 31, 20264
  • AuditorWeinberg & Company, P.A., Los Angeles, California PCAOB ID 572; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceNov 24, 20211
  • Filings111 in all: 6-K (36), CORRESP (12), F-1/A (12), UPLOAD (11), 3 (7), 4 (4), 20-F (3), EFFECT (3)1
    All 27 form types

    SCHEDULE 13D/A (3), 424B3 (2), F-1 (2), 424B4 (1), 6-K/A (1), 8-A12B (1), CERT (1), DEL AM (1), DRS (1), DRS/A (1), DRSLTR (1), F-3 (1), FWP (1), S-8 (1), SC 13D (1), SC 13D/A (1), SCHEDULE 13D (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Jul 29, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary SharesPMECThe Nasdaq Stock Market LLC

From the cover page of the 20-F filed Jul 29, 2026 (Section 12(b) of the Exchange Act).4