About Fastway Versatile Strategics Private Limited
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Fastway Versatile Strategics Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the television and radio broadcasting segment of the media and publishing sector. It was incorporated on 22 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U92190PB2014PTC038850. Its GSTIN is 03AACCF4533C1ZB (Punjab). 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 Tanveer Singh Toor and Parveen Kumar.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pakhowal Road Near Jawaddi Bridge, Ludhiana, Punjab, India – 141001.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.59 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹18.18 Lakh (net margin 0.8%) and EBITDA of ₹26.17 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 3% over five 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 Versatile Strategics 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
- Social Media
- Registered AddressPakhowal Road Near Jawaddi Bridge, Ludhiana, Punjab, India – 141001
- IndustryMedia and Publishing, Television & Radio Broadcasting
To see the full contact details of Fastway Versatile Strategics 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 Versatile Strategics 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 Versatile Strategics 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 Versatile Strategics Private Limited, buy the company report.
Financials of Fastway Versatile Strategics Private Limited
FY 2024 filings availableFastway Versatile Strategics Private Limited reported revenue of ₹21.59 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 52% growth in the latest year. EBITDA fell 42% 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
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| EBITDA | ₹26.17 Lakh | ||||
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| Net Profit (PAT) | ₹18.18 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 | 1.2% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Fastway Versatile Strategics Private Limited, buy the company report.
Board of directors of Fastway Versatile Strategics Private Limited
Fastway Versatile Strategics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanveer Singh Toor Also directs: Keman Optical India Private Limited, Nova Digital & Broadband Private Limited, Radiant Digitek Network Limited and 5 more | Director | 29 Jan 2016 | 10 Years 8 Months | Current |
| Parveen Kumar | Director | 22 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Fastway Versatile Strategics Private Limited is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fastway Versatile Strategics Private Limitedthis company | ₹21.59 Cr (FY 2024) | ₹18.18 Lakh | 0.8% | 52.0% | Ludhiana, Punjab, India | |
| Spoorthi Communications Private Limited | ₹21.35 Cr (FY 2025) | 35.0% | Hyderabad, Telangana, India | |||
| Frontline Trade Private Limited | ₹21.08 Cr (FY 2016) | 72.0% | Mumbai, Maharashtra, India | |||
| Marsorbit Entertainment Private Limited | ₹20.79 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| BPL Media Limited | ₹20.64 Cr (FY 2024) | 96.0% | New Delhi, Delhi, India |
To see the full peer comparison of Fastway Versatile Strategics Private Limited, buy the company report.
Auditor
Fastway Versatile Strategics Private Limited is audited by RAJESH MEHRU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MEHRU & CO | FY 2023 | 011715N |
Shareholding
The shareholding of Fastway Versatile Strategics Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Fastway Versatile Strategics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fastway Versatile Strategics 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 Versatile Strategics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fastway Versatile Strategics has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCF4533C1ZB | Punjab | Active | 21 Jun 2023 |
To see the full GST registrations and return filing status of Fastway Versatile Strategics Private Limited, buy the company report.
Recent activity
Fastway Versatile Strategics Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Tanveer Singh Toor ceased to be Additional Director on 30 Sep 2016.
News
Frequently asked questions
Fastway Versatile Strategics is an active private limited company based in Ludhiana, Punjab, India. The company works in television and radio broadcasting, within the media and publishing industry. It was incorporated on 22 August 2014 (12+ years old) and is registered under CIN U92190PB2014PTC038850.
Fastway Versatile Strategics has 2 current directors:
- Tanveer Singh Toor - Director
- Parveen Kumar - Director
The latest financial statements of Fastway Versatile Strategics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fastway Versatile Strategics is 03AACCF4533C1ZB, registered in Punjab. 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 Versatile Strategics is U92190PB2014PTC038850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastway Versatile Strategics was incorporated on 22 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Fastway Versatile Strategics by revenue are Spoorthi Communications Private Limited, Frontline Trade Private Limited, Marsorbit Entertainment Private Limited, BPL Media Limited, all in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities).
Tanveer Singh Toor ceased to be Additional Director on 30 Sep 2016. Arshdeep Singh Mundi ceased to be Director on 10 Feb 2016. Tanveer Singh Toor was appointed as Director on 29 Jan 2016. Fastway Versatile Strategics has 4 board changes on record in total.
Fastway Versatile Strategics can be reached through the website fastway.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Fastway Versatile Strategics is at Pakhowal Road Near Jawaddi Bridge, Ludhiana, Punjab, India – 141001.
Fastway Versatile Strategics operates in the media and publishing industry, in the television and radio broadcasting segment.