Primech Holdings Ltd. (PMEC)

Primech Holdings Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	8.92	10.15	7.65	9.07	5.14
Short-Term Investments	0.67	0.89	1.82	0.54	-
Cash & Short-Term Investments	9.59	11.03	9.46	9.61	5.14
Cash Growth	-13.11%	16.59%	-1.56%	86.90%	-24.54%
Accounts Receivable	19.75	15.63	18.45	15.36	11.87
Other Receivables	0.29	1.49	1.37	1.68	0.32
Receivables	20.04	17.12	19.82	17.05	12.19
Inventory	-	0.04	0.06	0.14	0.14
Prepaid Expenses	1.32	0.81	1.99	0.63	1.31
Total Current Assets	30.94	29.01	31.33	27.44	18.79
Property, Plant & Equipment	11.19	11.8	13.49	14.05	12.43
Goodwill	0.4	0.39	0.67	0.69	0.81
Other Intangible Assets	-	0	0.02	0.09	0.39
Long-Term Deferred Charges	-	-	-	0.55	0.78
Total Assets	42.53	41.2	45.51	42.82	33.2

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	10.8	10.33	9.41	10.11	8.69
Current Portion of Long-Term Debt	10.15	8.48	11.28	11.91	2.47
Current Portion of Leases	1.43	1.6	2.06	1.72	0.73
Current Income Taxes Payable	0.4	0.46	-	-	0.23
Other Current Liabilities	-	-	-	0.79	0.32
Total Current Liabilities	22.78	20.87	22.74	24.52	12.43
Long-Term Debt	6.16	4.33	5.71	7.11	7.45
Long-Term Leases	0.82	1.07	1.75	1.63	1.36
Long-Term Deferred Tax Liabilities	0.24	0.26	0.25	0.73	0.71
Total Liabilities	30	26.52	30.45	33.99	21.96

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	23.96	23.96	22.19	12.72	12.72
Additional Paid-In Capital	0.92	0.92	0.92	0.92	0.92
Retained Earnings	-13.43	-10.99	-9.05	-5.81	-3.28
Comprehensive Income & Other	1.79	1	0.92	0.95	0.81
Total Common Equity	13.24	14.89	14.99	8.78	11.17
Minority Interest	-0.74	-0.21	0.07	0.05	0.07
Shareholders' Equity	12.54	14.68	15.06	8.83	11.24
Total Liabilities & Equity	42.53	41.2	45.51	42.82	33.2

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	18.55	15.48	20.79	22.37	12.01
Net Cash (Debt)	-8.96	-4.44	-11.33	-12.75	-6.86
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-0.23	-0.12	-0.30	-0.39	-0.21
Filing Date Shares Outstanding	38.42	38.42	38.05	32.5	32.5
Total Common Shares Outstanding	38.42	38.42	35.55	32.5	32.5
Working Capital	8.16	8.14	8.59	2.91	6.36
Book Value Per Share	0.34	0.39	0.42	0.27	0.34
Tangible Book Value	12.84	14.5	14.3	8	9.98
Tangible Book Value Per Share	0.33	0.38	0.40	0.25	0.31
Machinery	11.17	10.48	10.05	10.27	9.14
Construction In Progress	0.09	0.09	-	-	-
Leasehold Improvements	0.86	0.81	0.81	0.79	0.79

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 24, 2026

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