Primech Holdings Ltd

Primech Holdings Ltd is a technology-driven facilities services provider primarily operating in Singapore, serving both public and private sectors. The company's operations in Singapore generated approximately $74.0 million, or 99.6% of total revenue, in FY 2025 and $77.7 million, or 99.7% of total revenue, in FY 2026, with the remaining revenue from product sales. In FY 2026, Primech Holdings Ltd began selling and leasing cleaning robots. The company offers several key services. Facilities services, which generated approximately $58.6 million (78.8% of total revenue) in FY 2025 and $63.9 million (82.0% of total revenue) in FY 2026, include general cleaning and maintenance for various facilities such as airports, conservancy areas, hotels' common areas, educational institutions, integrated public areas, residential spaces, office facilities, industrial areas, retail stores, and healthcare facilities. This segment also covers housekeeping services, specialized cleaning services like marble polishing, building façade cleaning, and clean room sanitation, as well as waste management and pest control services. Additionally, Primech Holdings Ltd provides cleaning services to individual homes through its "HomeHelpy" application. Stewarding services, accounting for approximately $8.4 million (11.2% of total revenue) in FY 2025 and $6.2 million (8.0% of total revenue) in FY 2026, involve cleaning kitchen facilities for healthcare facilities, hotels, and restaurants, and supplying ad hoc customer service officers and F&B service crew to these establishments. The company also provides cleaning services specifically to offices, which contributed approximately $7.1 million (9.5% of total revenue) in FY 2025 and $7.6 million (9.7% of total revenue) in FY 2026.