About Fastway Karnal Cable Network Private Limited
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Fastway Karnal Cable Network Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 21 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74900PB2014PTC038763. Its GSTIN is 06AACCF4347E2ZW (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jagjit Singh and Brij Bhushan.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ch – 2 5th Floor Grand Walk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012.
As per the financials filed for FY 2024, the company reported a revenue of ₹40.92 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹2.05 Lakh (net margin 5%) and EBITDA of ₹5.02 Lakh (EBITDA margin 12.3%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years.
The company is associated with 1 brand: Fastway Transmissions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastway.in.
Company details
Contact details
Fastway Karnal Cable Network Private Limited's registered office is in Ludhiana, Punjab. Its website is fastway.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCh – 2 5th Floor Grand Walk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012
- IndustryMedia and Publishing, Cable TV & DTH Services
To see the full contact details of Fastway Karnal Cable Network Private Limited, buy the company report.
- 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
Brands
Fastway Karnal Cable Network operates one associated brand: Fastway Transmissions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a satellite television distribution network for consumer access. | fastway.in |
Business activity
The main business activity of Fastway Karnal Cable Network is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Fastway Karnal Cable Network Private Limited, buy the company report.
Financials of Fastway Karnal Cable Network Private Limited
FY 2024 filings availableFastway Karnal Cable Network Private Limited reported revenue of ₹40.92 Lakh (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over three years, including a 46% fall in the latest year. EBITDA rose 147% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.02 Lakh | ||||
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| Net Profit (PAT) | ₹2.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.3% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Fastway Karnal Cable Network Private Limited, buy the company report.
Board of directors of Fastway Karnal Cable Network Private Limited
Fastway Karnal Cable Network has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagjit Singh Also directs: Jujhar Logistics Limited, Jujhar Advertisers Private Limited, Jujhar Motors Private Limited and 5 more | Director | 13 Sep 2018 | 8 Years 1 Months | Current |
| Brij Bhushan Also directs: Khatushyam Constructions LLP, DD Organic Foods LLP, Siti Karnal Digital Media Network Private Limited and 2 more | Director | 22 Jul 2019 | 7 Years 3 Months | Current |
| Rupinder Singh Also directs: Jujhar Advertisers Private Limited, GS Prime Real Estate Private Limited, Netplus Extreme Private Limited and 5 more | Director | 01 Jul 2024 | 2 Years 4 Months | Current |
Auditor
Fastway Karnal Cable Network Private Limited is audited by RAJESH MEHRU & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2017 | 011715N |
Shareholding
The shareholding of Fastway Karnal Cable Network Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fastway Karnal Cable Network Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fastway Karnal Cable Network Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fastway Karnal Cable Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fastway Karnal Cable Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCF4347E2ZW | Haryana | Active | 14 Aug 2019 |
To see the full GST registrations and return filing status of Fastway Karnal Cable Network Private Limited, buy the company report.
Recent activity
Fastway Karnal Cable Network Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Rupinder Singh ceased to be Additional Director on 26 Sep 2024.
News
Frequently asked questions
Fastway Karnal Cable Network is an active private limited company based in Ludhiana, Punjab, India. The company works in cable tv and dth services, within the media and publishing industry. It was incorporated on 21 July 2014 (12+ years old) and is registered under CIN U74900PB2014PTC038763.
Fastway Karnal Cable Network has 3 current directors:
- Jagjit Singh - Director
- Brij Bhushan - Director
- Rupinder Singh - Director
The latest financial statements of Fastway Karnal Cable Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fastway Karnal Cable Network is 06AACCF4347E2ZW, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fastway Karnal Cable Network is U74900PB2014PTC038763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastway Karnal Cable Network was incorporated on 21 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rupinder Singh ceased to be Additional Director on 26 Sep 2024. Rupinder Singh was appointed as Director on 01 Jul 2024. Jagjit Singh ceased to be Additional Director on 25 Sep 2019. Fastway Karnal Cable Network has 8 board changes on record in total.
Fastway Karnal Cable Network can be reached through the website fastway.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Fastway Karnal Cable Network is at Ch – 2 5th Floor Grand Walk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012.
Fastway Karnal Cable Network operates in the media and publishing industry, in the cable tv and dth services segment.
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