PMEC revenueFY2026$78.01M
- FY YoY
- +4.9%
PMEC revenue was $78.01M for fiscal 2026 (ended Mar 31, 2026), up 4.9% from fiscal 2025. It rose in each of the last 3 fiscal years.
Primech Holdings Ltd. (PMEC) financials
For fiscal 2026 (ended Mar 31, 2026), Primech Holdings Ltd. reported $78.01M of revenue and -$2.44M of net income.
- Revenue, FY2026
- $78.01M
- Revenue growth, YoY
- +4.9%
- Net income, FY2026
- -$2.44M
- Net margin
- -3.1%
- Free cash flow, FY2026
- -$5.66M
- EPS, diluted, FY2026
- -$0.06
- Cash
- $8.92M
- Total debt
- $16.30M
- P/S
- 0.16
- Market cap
- $12.5M
FY2023FY2026
FY2023FY2026
FY2023FY2026
PMEC revenue and earnings growth
PMEC net incomeFY2026-$2.44M
PMEC net income was -$2.44M for fiscal 2026 (ended Mar 31, 2026), compared with -$1.94M in fiscal 2025.
PMEC EPSFY2026-$0.06
PMEC diluted EPS was -$0.06 for fiscal 2026 (ended Mar 31, 2026), compared with -$0.05 in fiscal 2025.
PMEC free cash flowFY2026-$5.66M
PMEC free cash flow was -$5.66M for fiscal 2026 (ended Mar 31, 2026), compared with $6.28M in fiscal 2025.
Income statement
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Revenue | $78.01M | $74.35M | $72.52M | $69.03M |
| Cost of revenue | $64.69M | $56.82M | $59.91M | $58.41M |
| Gross profit | $13.31M | $17.53M | $12.61M | $10.62M |
| Selling, general and admin | $14.44M | $16.18M | $13.16M | $12.30M |
| Operating income | -$1.99M | -$948.0K | -$2.78M | -$2.10M |
| Interest expense | $672.0K | $789.0K | $1.15M | $723.0K |
| Pre-tax income | -$2.60M | -$1.76M | -$3.72M | -$2.56M |
| Income tax | $366.0K | $456.0K | -$493.0K | -$10.0K |
| Net income | -$2.44M | -$1.94M | -$3.24M | -$2.53M |
| EPS, basic | -$0.06 | -$0.05 | -$0.10 | -$0.08 |
| EPS, diluted | -$0.06 | -$0.05 | -$0.10 | -$0.08 |
| Diluted shares | 38.4M | 37.6M | 33.9M | 32.5M |
Balance sheet
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Cash and equivalents | $8.92M | $10.14M | $7.65M | $9.07M |
| Receivables | $19.75M | $15.63M | $18.45M | $15.36M |
| Inventory | - | $44.0K | $55.0K | $141.0K |
| Current assets | $30.94M | $29.01M | $31.33M | $27.44M |
| Goodwill | $402.0K | $391.0K | $667.0K | $693.0K |
| Total assets | $42.53M | $41.20M | $45.51M | $42.82M |
| Current liabilities | $22.78M | $20.87M | $22.74M | $24.52M |
| Short-term debt | $10.14M | $8.48M | $11.28M | - |
| Long-term debt | $6.16M | $4.33M | $5.71M | - |
| Total debt | $16.30M | $12.81M | $16.98M | $19.02M |
| Total liabilities | $30.00M | $26.52M | $30.45M | $33.99M |
| Shareholders' equity | $13.27M | $14.89M | $15.06M | $8.83M |
Cash flow
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Operating cash flow | -$3.93M | $7.38M | -$9.08M | -$3.18M |
| Capital expenditures | $1.74M | $1.10M | $909.0K | $2.00M |
| Free cash flow | -$5.66M | $6.28M | -$9.99M | -$5.19M |
| Investing cash flow | -$728.0K | -$1.03M | -$807.0K | -$1.13M |
| Financing cash flow | $2.76M | -$4.39M | $8.18M | $8.01M |
| Dividends paid | - | - | - | $317.0K |
| Stock-based compensation | $30.0K | $1.77M | - | - |
Key ratios
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Revenue growth, YoY | 4.9% | 2.5% | 5.1% | - |
| Gross margin | 17.1% | 23.6% | 17.4% | 15.4% |
| Operating margin | -2.5% | -1.3% | -3.8% | -3.0% |
| Net margin | -3.1% | -2.6% | -4.5% | -3.7% |
| Free cash flow margin | -7.3% | 8.5% | -13.8% | -7.5% |
| Return on equity | -18.4% | -13.0% | -21.5% | -28.7% |
| Return on assets | -5.7% | -4.7% | -7.1% | -5.9% |
| Current ratio | 1.36 | 1.39 | 1.38 | 1.12 |
| Debt to equity | 1.23 | 0.86 | 1.13 | 2.15 |
Source: XBRL data Primech Holdings Ltd. files with the SEC, latest filing dated Jul 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
PMEC peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| PMEC | $78.01M | +4.9% | -$2.44M | -3.1% | $12.5M |
| ABNB | $13.93B | +16.7% | $3.21B | 23.0% | $111.80B |
| URI | $17.50B | +9.4% | $2.86B | 16.3% | $69.85B |
| PYPL | $34.30B | +4.4% | $4.73B | 13.8% | $49.88B |
| PAYX | $6.60B | +14.0% | $1.81B | 27.4% | $40.85B |
| SUNB | $11.47B | - | $1.39B | 12.1% | $33.45B |
| AER | $8.52B | +6.5% | $3.75B | 44.0% | $27.09B |
| ROL | $3.99B | +8.3% | $526.12M | 13.2% | $18.52B |
| APG | $8.91B | +16.4% | $367.00M | 4.1% | $18.07B |
PMEC FAQ
9 questionsWhat is PMEC revenue?
Primech Holdings Ltd. (PMEC) reported $78.01M of revenue for fiscal 2026 (ended Mar 31, 2026). That is up 4.9% from the year before.Is PMEC profitable?
No. Primech Holdings Ltd. reported a net loss of $2.44M for fiscal 2026 (ended Mar 31, 2026).How much cash and debt does PMEC have?
Primech Holdings Ltd. reported $8.92M in cash and cash equivalents and $16.30M of debt on its most recent balance sheet in SEC filings.How fast is PMEC revenue growing?
Primech Holdings Ltd.'s revenue changed +4.9% in fiscal 2026, to $78.01M.What is PMEC gross margin?
Primech Holdings Ltd.'s gross profit was $13.31M on $78.01M of revenue for fiscal 2026 (ended Mar 31, 2026), a gross margin of 17.1%.What is PMEC free cash flow?
Primech Holdings Ltd. generated -$5.66M of free cash flow for fiscal 2026 (ended Mar 31, 2026), which is operating cash flow of -$3.93M less capital expenditures.What is PMEC earnings per share?
Diluted earnings per share were -$0.06 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.When did PMEC last report financial results?
The latest statements here come from Primech Holdings Ltd.'s 20-F filed on Jul 29, 2026, covering the period ended Mar 31, 2026.Where does this PMEC financial data come from?
Quantisnow builds these statements from the structured XBRL data Primech Holdings Ltd. files with the SEC. It is provided for information only and is not investment advice.