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PMEC · NASDAQ · Specialty Business Services

Primech (PMEC)

Delivers Singapore facilities services while extending selected cleaning work with autonomous robotics.

$0.6382
After hours−0.01 (−1.74%)
At close$0.6495(+7.52%)
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Primech Holdings Ltd. Ordinary SharesPMEC
Industrials

Delivers facilities services in Singapore through established operating businesses and is extending selected cleaning work with autonomous robotics. Facilities services remained the group's principal revenue source in the most recently reported year.

Delivers facilities services in Singapore through Primech A&P, Maint-Kleen, and other operating subsidiaries assembled under the holding company. Core work centers on cleaning and related facility-performance services; management also cites cleaning products, security, environmental health and safety, and hotel management as expansion areas.

Primech AI adds autonomous bathroom-cleaning technology to the service offering. Its HYTRON robot has been deployed alongside traditional cleaning services under a Singapore polytechnic contract, while facilities services remained the dominant source of group revenue in the most recently reported year.

The parent was formed to consolidate older businesses, whose histories predate the group's standardized operating policies. Kin Wai Ho controls more than half of the group's voting power, giving Primech Nasdaq controlled-company status.

Company facts

CEOKin Wai Ho
ListedOct 10, 2023
ExchangeNASDAQ
HeadquartersSingapore, Singapore
CountrySingapore
Employees3,117
CIK0001891944
ISINSGXZ14489751

Market cap$23.2M
EPS (ttm)−$0.0634
P/E (ttm)−9.53
ROE-17.4%
P/B1.75
P/S0.2975
Dividend yieldDiv yield
Beta0.28vs XLI −0.13

No analyst consensus on record.

EPSReportedEstimate

Jul '26
Reported−$0.04
Estimate
Surprise

RevenueReportedEstimate

Jul '26
Reported$39.9M
Estimate
Surprise
Estimate
Reported−$0.04
Estimate
Reported$39.9M
View details

Debt to equity139.80%
Current ratio135.80%

ProfitabilityRevenueNet incomeNet margin

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue$32.7M$36.3M$35.2M$37.4M$36.9M$37.4M$38.1M$39.9M
Net income−$1.8M−$697.3K$223.8K−$3.5M−$1.2M−$755.0K−$806.0K−$1.6M
Net margin0.0%0.0%0.6%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Operating income−$2.7M−$3.7M−$1.2M−$4.2M−$2.4M$1.7M−$2.6M−$2.4M
YoY growthLoss widenedLoss widenedLoss narrowedLoss widenedLoss widenedTurned profitLoss widenedTurned loss

Balance sheet, Mar 31, 2026Cash & short-term investments $8.9M · Total debt $18.6M · Total assets $42.5M · Shareholders' equity $13.3M

Revenue
$39.9M
Operating income
−$2.4M
Net income
−$1.6M
View details

No dividends on record.

Insiders58.87%22.62M shares
5 holders · as of Sep 16, 2026
Strategic holders80.14%30.79M shares
1 holder · as of Apr 10, 2026
Adds to139.01%

38.42M company shares as of Sep 15, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 139.01%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Sapphire Universe Holdings LimitedStrategic
80.14%30.79Mfiled Apr 10, 2026
Kin Wai HoInsiderdirector, 10 percent owner, officer: Chief Executive Officer
52.72%20.26Mfiled Mar 27, 2026
Lin Yu-FanInsider
5.23%2.01Mfiled Oct 2, 2025
Kai Yue Jason ChanInsiderdirector
0.30%116,725filed Sep 16, 2026
William MireckiInsiderdirector
0.30%116,725filed Sep 16, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 23, 2026Kin Wai Hodirector, 10 percent owner, officer: Chief Executive Officer+839,963$1.14
View details

Not reported.