Fast Track Diagnostics Asia Private Limited

Fast Track Diagnostics Asia Private Limited - healthcare in New Delhi, Delhi, India. Directors, charges & compliance details.
CIN U74900DL2013FTC305274 Incorporated 11 June 2013 ROC Delhi HQ New Delhi, Delhi, India
Merged Foreign Private Limited Company healthcare
Revenue · FY 2020
₹8.1 Cr
▲ 2% YoY
Net profit · FY 2020
₹29.19 Lakh
Net margin 3.6%
EBITDA · FY 2020
₹46.17 Lakh
EBITDA margin 5.7%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹11.96 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Fast Track Diagnostics Asia Private Limited

Data last updated:

Fast Track Diagnostics Asia Private Limited was a foreign private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Siemens Healthcare Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 11 June 2013.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2013FTC305274. The company has 1 GST registration on record, which is no longer active.

The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹11.96 Lakh. It was led by directors Brijesh Singh (Whole-Time Director) and Krishnan Seshan Iyer.

Its last annual general meeting (AGM) was held on 18 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 4th Floor Avanta Business Centre The Statesman House Barakhambha Road Conna, Ught Place, New Delhi, Delhi, India – 110001.

As per the financials filed for FY 2020, the company reported a revenue of ₹8.1 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹29.19 Lakh (net margin 3.6%) and EBITDA of ₹46.17 Lakh (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 83% over five years.

The company was associated with 1 brand: Fast-track diagnostics.

The last known website on record is fast-trackdiagnostics.com.

Company details

CIN U74900DL2013FTC305274
Registration Number 305274
Incorporation Date 11 June 2013
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Parent Company Siemens Healthcare Private Limited
Compliance Status Active Compliant

CIN history

Fast Track Diagnostics Asia has one previous CIN (Corporate Identification Number): U74900TN2013FTC091597. The current CIN is U74900DL2013FTC305274, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74900DL2013FTC305274Current
U74900TN2013FTC091597Previous

Contact details

Fast Track Diagnostics Asia Private Limited's registered office is in New Delhi, Delhi. Its website is fast-trackdiagnostics.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    4th Floor Avanta Business Centre The Statesman House Barakhambha Road Conna, Ught Place, New Delhi, Delhi, India – 110001
  • Industry
    Healthcare, Medical Consumables & Supplies

To see the full contact details of Fast Track Diagnostics Asia Private Limited, buy the company report.

Comprehensive company report
Fast Track Diagnostics Asia Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Fast Track Diagnostics Asia operates one associated brand: Fast-track diagnostics. Each brand links to its own profile.

BrandDescriptionWebsite
Multiplex PCR assays for infectious diseases are developed and marketed.fast-trackdiagnostics.com

Business activity

The main business activity of Fast Track Diagnostics Asia is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Fast Track Diagnostics Asia Private Limited, buy the company report.

Financials of Fast Track Diagnostics Asia Private Limited

FY 2020 filings available

Fast Track Diagnostics Asia Private Limited reported revenue of ₹8.1 Cr (up 2% YoY) for FY 2020.

Revenue · FY 2020
₹8.1 Cr ▲ 2%
Net profit · FY 2020
₹29.19 Lakh margin 3.6%
EBITDA · FY 2020
₹46.17 Lakh margin 5.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 30%
5 years · compounded
▲ 83%
EBITDA CAGR growth
1 year
▲ 522%
3 years · compounded
▲ 72%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 2% growth in the latest year. EBITDA rose 522% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹46.17 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹29.19 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2019-20FY 2018-19FY 2017-18FY 2016-17FY 2015-16
Profitability
EBITDA Margin5.7%
Net Profit Margin3.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Fast Track Diagnostics Asia Private Limited, buy the company report.

Board of directors of Fast Track Diagnostics Asia Private Limited

Fast Track Diagnostics Asia has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Brijesh SinghWhole-Time Director02 Jan 201412 Years 10 MonthsAs last reported
Krishnan Seshan IyerDirector21 Feb 20188 Years 8 MonthsAs last reported

Auditor

Fast Track Diagnostics Asia Private Limited is audited by RUCHI ANAND AND ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
RUCHI ANAND AND ASSOCIATESFY 2019016790N

Shareholding

The shareholding of Fast Track Diagnostics Asia Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fast Track Diagnostics Asia Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fast Track Diagnostics Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Fast Track Diagnostics Asia has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Fast Track Diagnostics Asia Private Limited, buy the company report.

Recent activity

Fast Track Diagnostics Asia Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Amit Kumar Sinha ceased to be Additional Director on 27 Sep 2018.

AGM
Fast Track Diagnostics Asia Private Limited last Annual general meeting of members was held on 18 Dec 2020 as per latest MCA records.
Filing
Fast Track Diagnostics Asia Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Delhi.
Ceased
Amit Kumar Sinha ceased to be Additional Director.
Ceased
Krishnan Seshan Iyer ceased to be Additional Director.
Ceased
Graham Alexander ceased to be Director.
Ceased
William Frederick ceased to be Director.
Appointed
Krishnan Seshan Iyer was appointed as Director.
Ceased
Brijesh Singh ceased to be Director.
Ceased
Ganesh Arumugam Gandhi ceased to be Director.
Appointed
Brijesh Singh was appointed as Whole-Time Director.
Incorporation
11 Jun 2013
Fast Track Diagnostics Asia Private Limited was registered on 11 Jun 2013 with Roc Delhi & aged 13 years 5 months as per MCA records.

Frequently asked questions

Fast Track Diagnostics Asia has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Fast Track Diagnostics Asia was a foreign private limited company based in New Delhi, Delhi, India. The company worked in medical consumables and supplies, within the healthcare industry. It was incorporated on 11 June 2013 and is registered under CIN U74900DL2013FTC305274. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Fast Track Diagnostics Asia was incorporated on 11 June 2013. It is registered with the Registrar of Companies, Delhi.

Fast Track Diagnostics Asia had 2 directors:

The CIN (Corporate Identification Number) of Fast Track Diagnostics Asia is U74900DL2013FTC305274. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Fast Track Diagnostics Asia is at 4th Floor Avanta Business Centre The Statesman House Barakhambha Road Conna, Ught Place, New Delhi, Delhi, India – 110001.

Fast Track Diagnostics Asia can be reached through the website fast-trackdiagnostics.com. Its registered office is in New Delhi, Delhi, India.

The latest financial statements of Fast Track Diagnostics Asia on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 18 December 2020. Year-wise statements from 2015 are in the company report.

No. Fast Track Diagnostics Asia has 1 GST registration on record and it is cancelled or inactive.

Fast Track Diagnostics Asia operated in the healthcare industry, in the medical consumables and supplies segment.