PMEC Chart
About

Primech Holdings Ltd. provides facilities and stewarding services for the public and private sectors in Singapore. The company offers conservancy areas cleaning services, including daily cleaning of common areas within town councils, monthly block washing, and quarterly fogging of bin chutes; educational institutions cleaning services, such as cleaning of schools; airport cleaning services; cleaning of hotels, public spaces and roads, condominium common areas and facilities, offices, industrial areas, and retail stores; and marble polishing services, external façade cleaning for exteriors of buildings, and stewarding and clean room cleaning services. It also provides waste management services, such as the collection, transportation, and disposal of general waste, and sorting of waste for recycling, as well as pest control services comprising the remediation and prevention of infestations of rodents, insects, birds, and other pests. In addition, the company offers horticultural maintenance services, such as weeding, fertilizing, mowing, and irrigation; stewarding services, including cleaning of kitchen equipment and dishwashing, room attendant services, and public area cleaning services to healthcare facilities, hotels and other hospitality venues, and restaurants; and cleaning services to offices. Further, 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 headquartered in Singapore. Primech Holdings Ltd. is a subsidiary of Sapphire Universe Holdings Limited.

Fundamentals
Scroll to Statements
Sector Industrials Industry Specialty Business Servi Market Cap 26.02M
Enterprise Value 30.25M Income -1.94M Sales 74.35M
Book/sh 0.39 Cash/sh 0.29 Dividend Yield —
Payout 0.00% Employees 2806 IPO —
P/E — Forward P/E — PEG —
P/S 0.35 P/B 1.75 P/C —
EV/EBITDA -8.45 EV/Sales 0.41 Quick Ratio 1.35
Current Ratio 1.39 Debt/Eq 105.42 LT Debt/Eq —
EPS (ttm) -0.05 EPS next Y — EPS Growth —
Revenue Growth 0.10% Earnings — ROA -7.33%
ROE -14.93% ROIC — Gross Margin 18.06%
Oper. Margin -11.12% Profit Margin -2.61% Shs Outstand 38.42M
Shs Float 5.04M Short Float 1.01% Short Ratio 3.64
Short Interest — 52W High 2.44 52W Low 0.60
Beta 1.25 Avg Volume 16.18K Volume 77.28K
Target Price — Recom None Prev Close $0.70
Price $0.68 Change -3.24%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.68
Latest analyst target
3. DCF / Fair value
$2.93
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.68
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems-49.47K0.00-539.690.00
TaxRateForCalcs0.170.130.000.17
NormalizedEBITDA3.30M1.30M1.96M2.34M
TotalUnusualItems-291.00K0.00-138.00K0.00
TotalUnusualItemsExcludingGoodwill-291.00K0.00-138.00K0.00
NetIncomeFromContinuingOperationNetMinorityInterest-1.94M-3.24M-2.53M-1.24M
ReconciledDepreciation3.98M3.87M3.66M3.07M
ReconciledCostOfRevenue55.91M58.99M57.46M43.80M
EBITDA3.01M1.30M1.82M2.34M
EBIT-975.00K-2.57M-1.83M-729.67K
NetInterestIncome-789.00K-1.15M-723.00K-369.22K
InterestExpense789.00K1.15M723.00K369.22K
NormalizedIncome-1.70M-3.24M-2.39M-1.24M
NetIncomeFromContinuingAndDiscontinuedOperation-1.94M-3.24M-2.53M-1.24M
TotalExpenses75.03M75.09M70.72M55.17M
TotalOperatingIncomeAsReported-2.78M-2.10M-1.22M5.74M
DilutedAverageShares33.93M35.55M35.55M35.55M
BasicAverageShares33.93M35.55M35.55M35.55M
DilutedEPS-0.10-0.07-0.030.15
BasicEPS-0.10-0.07-0.030.15
DilutedNIAvailtoComStockholders-1.94M-3.24M-2.53M-1.24M
NetIncomeCommonStockholders-1.94M-3.24M-2.53M-1.24M
NetIncome-1.94M-3.24M-2.53M-1.24M
MinorityInterests278.00K-16.00K15.00K24.00K
NetIncomeIncludingNoncontrollingInterests-2.22M-3.22M-2.55M-1.26M
NetIncomeContinuousOperations-2.22M-3.22M-2.55M-1.26M
TaxProvision456.00K-493.00K-10.00K164.27K
PretaxIncome-1.76M-3.72M-2.56M-1.10M
OtherIncomeExpense-291.00K-138.00K
SpecialIncomeCharges-291.00K0.00-138.00K0.00
ImpairmentOfCapitalAssets291.00K0.00138.00K0.00
NetNonOperatingInterestIncomeExpense-789.00K-1.15M-723.00K-369.22K
InterestExpenseNonOperating789.00K1.15M723.00K369.22K
OperatingIncome-684.00K-2.57M-1.70M-729.67K
OperatingExpense18.21M15.18M12.31M10.57M
OtherOperatingExpenses27.00K-211.00K-271.00K-493.07K
DepreciationAmortizationDepletionIncomeStatement3.07M2.94M2.70M2.28M
DepreciationAndAmortizationInIncomeStatement3.07M2.94M2.70M2.28M
SellingGeneralAndAdministration15.11M12.45M9.88M8.79M
SellingAndMarketingExpense2.01M2.23M279.00K394.38K
GeneralAndAdministrativeExpense13.11M10.21M9.60M8.40M
OtherGandA5.97M4.79M3.95M4.49M
SalariesAndWages7.13M5.42M5.66M3.90M
GrossProfit17.53M12.61M10.62M9.84M
CostOfRevenue56.82M59.91M58.41M44.60M
TotalRevenue74.35M72.52M69.03M54.44M
OperatingRevenue74.35M72.52M69.03M54.44M
Line Item2025-03-312024-03-312023-03-312022-03-31
OrdinarySharesNumber38.42M35.55M35.55M35.55M
ShareIssued38.42M35.55M35.55M35.55M
NetDebt2.67M9.33M9.95M4.77M
TotalDebt15.47M20.79M22.36M12.01M
TangibleBookValue14.50M14.30M8.00M9.98M
InvestedCapital27.70M31.97M27.80M21.09M
WorkingCapital8.14M8.59M2.91M6.36M
NetTangibleAssets14.50M14.30M8.00M9.98M
CapitalLeaseObligations2.66M3.81M3.35M2.09M
CommonStockEquity14.89M14.99M8.78M11.17M
TotalCapitalization19.22M20.70M15.89M18.62M
TotalEquityGrossMinorityInterest14.68M15.06M8.83M11.24M
MinorityInterest-210.00K68.00K52.00K66.89K
StockholdersEquity14.89M14.99M8.78M11.17M
GainsLossesNotAffectingRetainedEarnings995.00K923.00K947.00K808.81K
OtherEquityAdjustments995.00K923.00K947.00K808.81K
RetainedEarnings-10.99M-9.05M-5.81M-3.28M
AdditionalPaidInCapital924.00K924.00K924.00K924.10K
CapitalStock23.96M22.19M12.72M12.72M
CommonStock23.96M22.19M12.72M12.72M
TotalLiabilitiesNetMinorityInterest26.52M30.45M33.99M21.96M
TotalNonCurrentLiabilitiesNetMinorityInterest5.65M7.71M9.47M9.53M
NonCurrentDeferredLiabilities255.00K251.00K726.00K711.46K
NonCurrentDeferredTaxesLiabilities255.00K251.00K726.00K711.46K
LongTermDebtAndCapitalLeaseObligation5.40M7.46M8.74M8.81M
LongTermCapitalLeaseObligation1.07M1.75M1.63M1.36M
LongTermDebt4.33M5.71M7.11M7.45M
CurrentLiabilities20.87M22.74M24.52M12.43M
OtherCurrentLiabilities1.81M
CurrentDebtAndCapitalLeaseObligation10.08M13.34M13.62M3.19M
CurrentCapitalLeaseObligation1.59M2.06M1.72M727.13K
CurrentDebt8.48M11.28M11.90M2.47M
OtherCurrentBorrowings8.48M11.28M11.90M2.47M
PayablesAndAccruedExpenses10.79M9.41M10.90M9.24M
Payables10.79M9.41M10.90M9.24M
DividendsPayable0.00316.54K2.10M
TotalTaxPayable461.00K0.000.00230.69K
IncomeTaxPayable461.00K0.00
AccountsPayable10.33M9.41M10.90M8.69M
TotalAssets41.20M45.51M42.82M33.20M
TotalNonCurrentAssets12.19M14.18M15.39M14.41M
NonCurrentPrepaidAssets0.001.29M
NonCurrentDeferredAssets0.00553.00K781.33K0.00
InvestmentProperties0.00
GoodwillAndOtherIntangibleAssets393.00K688.00K786.00K1.20M
OtherIntangibleAssets2.00K21.00K93.00K385.75K
Goodwill391.00K667.00K693.00K813.03K
NetPPE11.80M13.49M14.05M12.43M
AccumulatedDepreciation-8.92M-7.96M-7.37M-5.87M
GrossPPE20.72M21.45M21.42M18.30M
Leases8.04M8.00M8.02M7.68M
ConstructionInProgress87.00K0.00
OtherProperties2.11M3.41M3.13M1.47M
MachineryFurnitureEquipment10.48M10.05M10.27M9.14M
Properties0.000.000.000.00
CurrentAssets29.01M31.33M27.44M18.79M
OtherCurrentAssets1.17M1.31M1.48M
PrepaidAssets1.70M3.81M1.18M2.52M
Inventory44.00K55.00K141.00K144.17K
OtherInventories144.17K
FinishedGoods0.00427.65K
Receivables17.12M19.82M17.05M12.19M
ReceivablesAdjustmentsAllowances-477.00K-448.00K-454.00K-471.74K
OtherReceivables5.00M5.44M5.26M1.54M
DuefromRelatedPartiesCurrent0.0040.78K
AccountsReceivable12.59M14.83M12.24M11.13M
AllowanceForDoubtfulAccountsReceivable-471.74K-503.84K
GrossAccountsReceivable11.13M12.71M
CashCashEquivalentsAndShortTermInvestments10.14M7.65M9.07M5.14M
CashAndCashEquivalents10.14M7.65M9.07M5.14M
CashFinancial10.14M7.65M9.07M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow6.28M-9.99M-5.19M2.51M
RepaymentOfDebt-159.23M-3.25M-1.82M-34.56M
IssuanceOfDebt154.85M1.41M9.91M33.57M
IssuanceOfCapitalStock0.009.47M0.00
CapitalExpenditure-1.10M-909.00K-2.00M-2.57M
InterestPaidSupplementalData789.00K1.15M
IncomeTaxPaidSupplementalData0.000.00
EndCashPosition10.14M7.65M9.07M5.14M
BeginningCashPosition7.65M9.07M5.14M6.82M
EffectOfExchangeRateChanges533.00K284.00K235.00K-571.49K
ChangesInCash1.96M-1.71M3.69M-1.10M
FinancingCashFlow-4.39M8.18M8.01M-3.63M
CashFlowFromContinuingFinancingActivities-4.39M8.18M8.01M-3.63M
NetOtherFinancingCharges545.00K236.00K-783.98K1.06M
CashDividendsPaid0.00-317.00K-1.85M-440.36K
CommonStockDividendPaid0.00-317.00K-1.85M-440.36K
NetCommonStockIssuance0.009.47M0.00
CommonStockIssuance0.009.47M0.00
NetIssuancePaymentsOfDebt-4.39M-1.84M8.09M-990.47K
NetLongTermDebtIssuance-4.39M-1.84M8.09M-990.47K
LongTermDebtPayments-159.23M-3.25M-1.82M-34.56M
LongTermDebtIssuance154.85M1.41M9.91M33.57M
InvestingCashFlow-1.03M-807.00K-1.13M-2.55M
CashFlowFromContinuingInvestingActivities-1.03M-807.00K-1.13M-2.55M
NetBusinessPurchaseAndSale0.00-618.46K-2.26M
PurchaseOfBusiness0.00-618.46K-2.26M
NetPPEPurchaseAndSale-1.03M-807.00K-1.13M-1.93M
SaleOfPPE67.00K102.00K871.00K637.18K
PurchaseOfPPE-1.10M-909.00K-2.00M-2.57M
OperatingCashFlow7.38M-9.08M-3.18M5.08M
CashFlowFromContinuingOperatingActivities7.38M-9.08M-3.18M5.05M
ChangeInWorkingCapital3.53M-9.72M-4.25M3.28M
ChangeInOtherWorkingCapital-454.00K271.0061.76K
ChangeInOtherCurrentLiabilities-2.73M-2.32M-1.68M-1.27M
ChangeInPayablesAndAccruedExpense1.34M-1.33M1.74M2.33M
ChangeInPayable1.34M-1.33M1.74M2.33M
ChangeInAccountPayable879.00K-1.33M1.97M2.21M
ChangeInTaxPayable462.00K0.00-228.00K77.41K
ChangeInIncomeTaxPayable462.00K0.00-228.00K77.41K
ChangeInPrepaidAssets2.13M-2.66M152.00K-793.47K
ChangeInInventory11.00K84.00K6.00K-14.22K
ChangeInReceivables2.78M-3.04M-4.46M2.97M
ChangesInAccountReceivables2.89M-3.33M-3.15M2.22M
OtherNonCashItems-24.00K
StockBasedCompensation1.77M0.00
ProvisionandWriteOffofAssets31.00K0.00
AssetImpairmentCharge291.00K0.00138.00K0.00
DepreciationAmortizationDepletion3.98M3.87M3.66M3.07M
DepreciationAndAmortization3.98M3.87M3.66M3.07M
AmortizationCashFlow19.00K29.00K303.00K380.85K
AmortizationOfIntangibles19.00K29.00K303.00K380.85K
Depreciation3.96M3.84M3.35M2.69M
OperatingGainsLosses1.00K-13.00K-186.00K-8.61K
GainLossOnSaleOfPPE1.00K-13.00K-186.00K-8.61K
NetIncomeFromContinuingOperations-2.22M-3.22M-2.55M-1.26M
SEC Filings

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