Primech Holdings Ltd is a technology driven facilities services provider operating mainly in Singapore. The company offers facilities management, hospitality staffing and kitchen cleaning services, office and residential cleaning, and the manufacture and distribution of cleaning supplies.
The company generates revenue primarily from facilities services, which accounted for about 78.8 percent of total revenue in FY 2025 and 77.2 percent in FY 2024. Stewarding services…
Primech Holdings Ltd is a technology driven facilities services provider operating mainly in Singapore. The company offers facilities management, hospitality staffing and kitchen cleaning services, office and residential cleaning, and the manufacture and distribution of cleaning supplies.
The company generates revenue primarily from facilities services, which accounted for about 78.8 percent of total revenue in FY 2025 and 77.2 percent in FY 2024. Stewarding services contributed roughly 11.2 percent in FY 2025 and 14.0 percent in FY 2024. Cleaning services to offices represented about 9.5 percent in FY 2025 and 8.1 percent in FY 2024. Cleaning services to homes and cleaning supplies each generated less than one percent of revenue in both years. The firm serves a diverse client base that includes government agencies, educational institutions, transportation hubs, commercial offices, hotels, hospitals and individual households.
The company operates through the following segments: Facilities Services, Stewarding Services, Cleaning Services to Offices, Cleaning Services to Homes, and Cleaning Supplies.
• Facilities Services provides general cleaning and maintenance of public and private facilities such as airports, educational institutions, hotels, offices, industrial areas, retail stores and healthcare facilities, along with specialized services like marble polishing, facade cleaning, waste management and pest control.
• Stewarding Services provides kitchen cleaning for healthcare facilities, hotels and restaurants and supplies customer service officers and food and beverage staff to the same venues.
• Cleaning Services to Offices delivers cleaning solutions for office buildings, including routine maintenance and specialized tasks as required by clients.
• Cleaning Services to Homes offers residential cleaning through the Helpy mobile application and website, allowing individuals to book one time or recurring services.
• Cleaning Supplies manufactures and trades cleaning chemicals, detergents and related products under the D'Bond brand for internal use and external sale.
Primech Holdings Ltd holds a strong position among Singapore's fragmented cleaning industry, where over 1,700 firms are licensed. The company differentiates itself through a long operating history, accreditations such as the Clean Mark Gold Award, ISO 9001, ISO 14001 and ISO 45001 certifications, and bizSAFE Star status. Its subsidiaries hold the highest L6 grade under the Contractors Registration System, enabling them to bid for public projects of unlimited value. Key competitors include ISS Group, 800 Super Holdings, Weishen Industrial Services, Chye Thiam Maintenance, Hygieia Group Limited and Ramky Cleantech Services. The firm's competitive advantages stem from its experienced workforce, established customer relationships and ongoing investment in technology such as cleaning robots and IoT enabled platforms.
The company's customer base includes major entities such as Singapore Changi Airport, the Ministry of Education of Singapore, the National Environment Agency, a Singapore multinational bank, Nanyang Technological University and Temasek Polytechnic. It also serves healthcare facilities, hotels, restaurants, office buildings, industrial sites and individual households through its HomeHelpy platform.
Sectors:Industrials · Basic MaterialsSector rationaleThe company's dominant revenue stream comes from facilities management, hospitality staffing, and cleaning services for commercial and government clients (e.g., Changi Airport and the Ministry of Education), which falls under Facility Services within the Industrials sector. A secondary sector is named because the company also manufactures and sells cleaning chemicals and detergents under the D'Bond brand, which constitutes a distinct business line in Specialty Chemicals within Basic Materials.Industries:Facility ServicesIndustrialsPrimaryPrimech Holdings provides outsourced facility services including general cleaning, maintenance, marble polishing, facade cleaning, and pest control for clients like Changi Airport and the Ministry of Education. These activities constitute the majority of its revenue, specifically through its Facilities Services segment.StaffingIndustrialsSecondaryThe company's Stewarding Services segment supplies customer service officers and food and beverage staff to hotels and restaurants, which is a staffing and workforce solution activity.Specialty ChemicalsBasic MaterialsSecondaryThe company manufactures and trades cleaning chemicals and detergents under the D'Bond brand for external sale, which falls under formulated specialty chemicals.Classified using BQ-MICSCIK: 0001891944