Fastway Surya Network Private Limited

Fastway Surya Network Private Limited - media and publishing in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U64204PB2008PTC031763 Incorporated 13 March 2008 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company media and publishing
Data last updated
Revenue · FY 2024
₹4.52 Cr
▼ 23% YoY
Net loss · FY 2024
₹34,578
Net margin -0.1%
EBITDA · FY 2024
₹1.53 Lakh
EBITDA margin 0.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.04 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Fastway Surya Network Private Limited

Data last updated:

Fastway Surya Network Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Fastway Transmissions Private Limited. It operates in the cable tv and dth services segment of the media and publishing sector. It was incorporated on 13 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U64204PB2008PTC031763. Its GSTIN is 03AABCF2075N1ZO (Punjab).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.04 Lakh. It is led by directors Gurdeep Singh and Joybir Singh Kataria.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ch No. 2 5th Floor Grandwalk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.52 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹34,578 (net margin -0.1%) and EBITDA of ₹1.53 Lakh (EBITDA margin 0.3%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 8% 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

CIN U64204PB2008PTC031763
Registration Number 031763
Incorporation Date 13 March 2008
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Fastway Transmissions Private Limited
Compliance Status Active Compliant

Contact details

Fastway Surya Network Private Limited's registered office is in Ludhiana, Punjab. Its website is fastway.in. Its e-mail address is in the company report.

  • Email
  • Website
  • Social Media
  • Registered Address
    Ch No. 2 5th Floor Grandwalk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012
  • Industry
    Media and Publishing, Cable TV & DTH Services

To see the full contact details of Fastway Surya Network Private Limited, buy the company report.

Comprehensive company report
Fastway Surya Network 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

Fastway Surya Network operates one associated brand: Fastway Transmissions. Each brand links to its own profile.

BrandDescriptionWebsite
Operates a satellite television distribution network for consumer access.fastway.in

Business activity

The main business activity of Fastway Surya Network is information and communication. In detail, this covers broadcasting and programming activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ4Broadcasting and programming activities

To see the full business activity and turnover split of Fastway Surya Network Private Limited, buy the company report.

Financials of Fastway Surya Network Private Limited

FY 2024 filings available

Fastway Surya Network Private Limited reported revenue of ₹4.52 Cr (down 23% YoY) for FY 2024.

Revenue · FY 2024
₹4.52 Cr ▼ 23%
Net loss · FY 2024
₹34,578 margin -0.1%
EBITDA · FY 2024
₹1.53 Lakh margin 0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 24%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 86%
3 years · compounded
▼ 41%
5 years · compounded
▼ 25%

Revenue fell 23% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 86% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.53 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34,578
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.3%
Net Profit Margin-0.1%
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 Fastway Surya Network Private Limited, buy the company report.

Board of directors of Fastway Surya Network Private Limited

Fastway Surya Network has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gurdeep SinghDirector13 Mar 200818 Years 7 MonthsCurrent
Joybir Singh KatariaDirector26 Jul 200818 Years 2 MonthsCurrent

Peer comparison

Fastway Surya Network Private Limited is compared with the 3 companies closest to it by revenue in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fastway Surya Network Private Limitedthis company₹4.52 Cr (FY 2024)-₹34,578-0.1%-23.0%Ludhiana, Punjab, India
Home Television Network Private Limited₹4.48 Cr (FY 2025)496.0%Jaipur, Rajasthan, India
Pricomm Media Distribution Ventures Private Limited₹4.45 Cr (FY 2022)138.0%Mumbai, Maharashtra, India
Digi Navi Mumbai Network Private Limited₹4.41 Cr (FY 2018)-3.0%Mumbai, Maharashtra, India

To see the full peer comparison of Fastway Surya Network Private Limited, buy the company report.

Auditor

Fastway Surya Network Private Limited is audited by RAJESH MEHRU & CO for the financial year 2020.

Auditor firmFinancial yearFirm registration number
RAJESH MEHRU & COFY 2020011715N

Shareholding

The shareholding of Fastway Surya Network Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fastway Surya Network Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fastway Surya Network Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Fastway Surya Network has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AABCF2075N1ZOPunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Fastway Surya Network Private Limited, buy the company report.

Recent activity

Fastway Surya Network Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Vishal Chowdhary ceased to be Director on 07 Apr 2016.

AGM
Fastway Surya Network Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fastway Surya Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Ceased
Vishal Chowdhary ceased to be Director.
Ceased
Joybir Singh Kataria ceased to be Additional Director.
Appointed
Joybir Singh Kataria was appointed as Director.
Appointed
Gurdeep Singh was appointed as Director.
Incorporation
13 Mar 2008
Fastway Surya Network Private Limited was registered on 13 Mar 2008 with Roc Chandigarh & aged 18 years 7 months as per MCA records.

Frequently asked questions

Fastway Surya 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 13 March 2008 (18+ years old) and is registered under CIN U64204PB2008PTC031763.

Fastway Surya Network has 2 current directors:

The latest financial statements of Fastway Surya Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Fastway Surya Network is 03AABCF2075N1ZO, registered in Punjab.

The CIN (Corporate Identification Number) of Fastway Surya Network is U64204PB2008PTC031763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fastway Surya Network was incorporated on 13 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Fastway Surya Network by revenue are Home Television Network Private Limited, Pricomm Media Distribution Ventures Private Limited, Digi Navi Mumbai Network Private Limited, all in the Media and Publishing industry (Cable Television and DTH), with the same principal business activity (broadcasting and programming activities).

Vishal Chowdhary ceased to be Director on 07 Apr 2016. Joybir Singh Kataria ceased to be Additional Director on 29 Aug 2009. Joybir Singh Kataria was appointed as Director on 26 Jul 2008. Fastway Surya Network has 4 board changes on record in total.

Fastway Surya Network can be reached through the website fastway.in. Its registered office is in Ludhiana, Punjab, India.

The registered office of Fastway Surya Network is at Ch No. 2 5th Floor Grandwalk Mall Opp. Gurdev Hospital Ferozepur Road, Ludhiana, Punjab, India – 141012.

Fastway Surya Network operates in the media and publishing industry, in the cable tv and dth services segment.