PAVSNasdaqServices-Computer Processing & Data PreparationFiscal year ends March 31
Paranovus Entertainment Technology Ltd.
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on Aug 14, 2026
$2.95−0.09 (-2.96%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2017 to 2026
Gross margin
16.5%−8.9 pts over 5 years
Operating margin
-100.4%−102.6 pts over 5 years
Net margin
-87.2%−88.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +20310.9% | – | -27.2% | – | |
| Gross profit | +26682.1% | – | -33.2% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 0.9% | -45.9% | |
| Return on assets | – | 0.8% | -35.2% | |
| Current ratio | – | 6.29 | 8.18 | |
| Interest coverage | – | 13.6× | -55.9× | |
| Inventory turnover | – | 27.9× | 31.6× | |
| Capex to revenue | – | 3.9% | 0.0% | |
| Diluted shares | – | 26M | 0M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Paranovus Entertainment Technology generated $48.38M from operations and spent $273.65K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$48.38M
Used
$273.65K
Capital expenditure$273.65K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-87.2%
×Asset turnover0.40×
×Equity multiplier1.30×
=Return on equity, FY2026-45.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -87.2% | 0.40× | 1.30× | -45.9% |
| FY2025 | -11033.0% | 0.00× | 1.45× | -52.9% |
| FY2022 | -235.1% | 0.20× | 1.22× | -56.5% |
| FY2021 | 1.1% | 0.72× | 1.13× | 0.9% |
| FY2020 | 19.5% | 0.86× | 1.07× | 18.1% |
| FY2019 | 29.3% | 1.07× | 1.13× | 35.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$12.73M
- Cash generatingOperating cash flow above zero-$1.40M
- Return on assets improvedROA up on the prior year-102.1% → -35.8%
- Earnings backed by cashOperating cash flow above net income-$1.40M vs -$12.73M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.12 → 8.18
- No dilutionShare count did not rise0M → 0M
- Gross margin improvedGross margin up on the prior year12.60% → 16.54%
- More efficientAsset turnover rose0.01 → 0.41