Fastspeed Industries Private Limited
About Fastspeed Industries Private Limited
Data last updated:
Fastspeed Industries Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 15 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2012PTC149899.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5.97 Lakh. It is led by directors Dilipkumar Hiralal Patel and Ambarish Mahadevbhai Patel.
Its last annual general meeting (AGM) was held on 07 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sundar Park, Morbi, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.88 Lakh. For the same year it recorded a net profit of ₹27,233 (net margin 14.5%) and EBITDA of ₹36,801 (EBITDA margin 19.5%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹77 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Fastspeed Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999GJ2012PTC149899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2012PTC149899 | Current |
| U74999DL2012PTC287766 | Previous |
| U74999WB2012PTC174205 | Previous |
Contact details
Fastspeed Industries Private Limited's registered office is in Morbi, Gujarat.
- Registered AddressSundar Park Society, Near Meldi Mataji Temple, Morbi, Gujarat, India – 363641
- IndustryTrading, Wholesale, Other Wholesale
- 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
Business activity
The main business activity of Fastspeed Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fastspeed Industries Private Limited, buy the company report.
Financials of Fastspeed Industries Private Limited
FY 2024 filings availableFastspeed Industries Private Limited reported revenue of ₹1.88 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years. EBITDA rose 121% 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 |
|---|---|---|---|---|---|
| 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 | ₹36,801 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27,233 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 14.5% | ||||
| 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 Fastspeed Industries Private Limited, buy the company report.
Board of directors of Fastspeed Industries Private Limited
Fastspeed Industries has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilipkumar Hiralal Patel Also directs: Zenish Polyfilm Limited Liability Partnership, Sumoto Tyre LLP, Allianz Transmission Private Limited and 1 more | Director | 19 Apr 2024 | 2 Years 6 Months | Current |
| Ambarish Mahadevbhai Patel Also directs: Zenish Polyfilm Limited Liability Partnership, Sumoto Tyre LLP, Allianz Transmission Private Limited and 1 more | Additional Director | 05 May 2023 | 3 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2025 | 101118779 | Sbicap Trustee Company Limited | ₹77 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Fastspeed Industries 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 Fastspeed Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Fastspeed Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Fastspeed Industries Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Dilipkumar Hiralal Patel was appointed as Director on 19 Apr 2024.
2 earlier events are in the company report.
Frequently asked questions
Fastspeed Industries is an active private limited company based in Morbi, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 15 February 2012 (14+ years old) and is registered under CIN U74999GJ2012PTC149899.
Fastspeed Industries has 2 current directors:
- Dilipkumar Hiralal Patel - Director
- Ambarish Mahadevbhai Patel - Additional Director
The latest financial statements of Fastspeed Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 07 December 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Fastspeed Industries is U74999GJ2012PTC149899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fastspeed Industries was incorporated on 15 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dilipkumar Hiralal Patel was appointed as Director on 19 Apr 2024. Sandip Chatterjee ceased to be Director on 19 Apr 2024. Ambarish Mahadevbhai Patel was appointed as Additional Director on 05 May 2023. Fastspeed Industries has 10 board changes on record in total.
The registered office of Fastspeed Industries is at Sundar Park Society, Near Meldi Mataji Temple, Morbi, Gujarat, India – 363641.
Fastspeed Industries operates in the trading industry, in the wholesale segment.
Fastspeed Industries has open charges of ₹77 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Fastspeed Industries is compliant as of 09 August 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
