Saturday 17 October 2026
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Primech Holdings Ltd.
PMEC Industrials Specialty Business Services
Primech Holdings Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $78.0 million, up 4.92% from fiscal 2025. Revenue growth for five consecutive years; insiders bought in the last twelve months.
0.44
0.07
−13.73%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to March
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | 1.01 | 0.49 | 0.56 | 0.31 |
Analyst estimates 2027–2029 Powerpack |
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| High | — | — | — | — | — | — | 4.18 | 4.15 | 2.44 | 1.16 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | 3,133 | 2,744 | 2,806 | 3,117 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.03 | 0.03 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 48 | 48 | 54 | 69 | 73 | 74 | 78 | ||||
| Gross margin, % | — | — | — | 6.33 | 2.57 | 18.08 | 15.38 | 17.39 | 23.57 | 17.07 | |||||
| EBT | — | — | — | 0 | 6 | (1) | (3) | (4) | (2) | (3) | |||||
| EBT margin, % | — | — | — | 1.04 | 11.61 | (2.02) | (3.70) | (5.12) | (2.37) | (3.33) | |||||
| Net income | — | — | — | 0 | 5 | (1) | (3) | (3) | (2) | (3) | |||||
| Depreciation | — | — | — | 2 | 3 | 2 | 2 | 2 | 2 | 1 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 1.91 | 1.54 | 1.68 | 2.12 | 2.14 | 1.98 | 2.03 | ||||
| Earnings | — | — | — | 0.01 | 0.17 | (0.04) | (0.08) | (0.10) | (0.05) | (0.06) | |||||
| Cash flow | — | — | — | 0.10 | 0.12 | 0.16 | (0.10) | (0.27) | 0.20 | (0.10) | |||||
| Capex | — | — | — | 0.00 | 0.00 | (0.06) | (0.03) | (0.02) | (0.03) | (0.02) | |||||
| Free cash flow | — | — | — | 0.10 | 0.12 | 0.10 | (0.13) | (0.29) | 0.17 | (0.12) | |||||
| Book value | — | — | — | 0.49 | 0.42 | 0.35 | 0.27 | 0.44 | 0.39 | 0.33 | |||||
| Shares, m | — | — | — | 25 | 31 | 33 | 33 | 34 | 38 | 38 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 1.05 | 1.05 | 1.05 | 1.05 | 0.27 | 0.21 | 0.18 | |||||
| P/B | — | — | — | 14.72 | 14.72 | 14.72 | 14.72 | 2.24 | 1.73 | 1.79 | |||||
| EV/Sales | — | — | — | 1.09 | 1.09 | 1.09 | 1.09 | 0.31 | 0.21 | 0.20 | |||||
| EV/FCF | — | — | — | (163.65) | (163.65) | (163.65) | (163.65) | (3.14) | (1.71) | (2.01) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 2 | 4 | 5 | (3) | (9) | 7 | (4) | ||||
| Capex | — | — | — | (1) | (1) | (2) | (1) | (1) | (1) | (1) | |||||
| Free cash flow | — | — | — | 2 | 4 | 3 | (4) | (10) | 6 | (5) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 9 | 12 | 6 | 3 | 9 | 8 | 8 | ||||
| Total debt | — | — | — | 5 | 7 | 9 | 9 | 7 | 5 | 7 | |||||
| Net debt | — | — | — | 2 | 0 | 4 | 0 | 0 | (5) | (2) | |||||
| Shareholders’ equity | — | — | — | 12 | 13 | 11 | 9 | 15 | 15 | 13 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | 0.00 | 20.70 | (3.99) | (6.66) | (7.33) | (4.48) | (5.82) | ||||
| ROIC | — | — | — | 0.00 | 0.00 | (3.06) | (12.47) | (10.81) | (4.30) | (11.38) | |||||
| ROE | — | — | — | 0.00 | 41.81 | (10.11) | (25.23) | (27.11) | (13.06) | (17.93) | |||||
Negative figures in brackets.
Fiscal years to Mar 2026 · latest quarter Sep 2021
Charts ten years each
Primech Holdings Ltd. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| YSXT YSX Tech Co., Ltd | $45.0M | — | — | — | — | −299.01% (below 0%: shrinking) | — | — | Compare |
| NTIP Network-1 Technologies, Inc. | $35.4M | — (loss-making) | — (loss-making) | −72.07% (below 0%: shrinking) | n/m | −22.09% (below 0%: shrinking) | 72.00% | 0.00% | Compare |
| ANPA Rich Sparkle Holdings Limited | $29.1M | — | — | — | — | — | — | — | Compare |
| SST System1, Inc. | $23.4M | — (loss-making) | 23.1× | −61.34% (below 0%: shrinking) | n/m | −127.61% (below 0%: shrinking) | 80.38% | (27.45%) | Compare |
| PMEC Primech Holdings Ltd. | $19.6M | — (loss-making) | — | +43.05% (above 0%: growing) | −200.00% (below 0%: shrinking) | +7.30% (above 0%: growing) | 5.80% | 0.00% | |
| PC Premium Catering (Holdings) Limited | $19.5M | — | — | — | — | −1,294.44% (below 0%: shrinking) | — | — | Compare |
| WHLM Wilhelmina International, Inc. | $17.2M | 4.8× | 5.2× | −0.83% (below 0%: shrinking) | −60.00% (below 0%: shrinking) | −80.08% (below 0%: shrinking) | 100.00% | 2.22% | Compare |
| LICN Lichen International Limited | $14.5M | — | — | — | — | −574.31% (below 0%: shrinking) | — | — | Compare |
| SFHG Samfine Creation Holdings Group Limited | $8.5M | — | — | — | — | — | — | — | Compare |
| Median of peers | $21.4M | — | — | −61.34% | — | −213.31% | 80.38% | 0.00% |
Primech Holdings Ltd. (PMEC) key facts
- Concern: Primech Holdings Ltd. reported a net loss of $3.0 million, or a loss of $0.06 per share, for fiscal 2026.
- Strength: Primech Holdings Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $78.0 million, up 4.92% from fiscal 2025.
- Primech Holdings Ltd. (PMEC) is a Specialty Business Services company in the Industrials sector, listed on Nasdaq.
- As of October 16, 2026, PMEC traded at $0.44, a market capitalization of $19.6 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.1× sales.
- Return on equity was −17.9% and debt-to-equity 0.56.
- Its Piotroski F-score is 1 out of 9 and its Altman Z-score is 2.00 (grey zone) for fiscal 2026.