Satya, together with his 2002 film Company (which he directed, won three IIFAwards, seven Filmfare Awards, and a Bollywood Movie Award for best direction, and was premiered at the 2004 Austin Film Festival) and the 2005 film D (which he produced), were also featured in the Fribourg International Film Festival, and the New York Asian Film Festival.
Nivas, Prawaal Raman, Krishna Vamsi, Vishram Sawant, and Hansal Mehta assisted Varma, before venturing into direction. The show focuses on Varma's Point of View on social issues such as Education, Religion, Mythology, Children, Crime, Death, Anger, Godmen, Woman, Philosophy, Cinema etc.
Over a period of time, I developed a low-angle fascination for larger than life people.
My constant obsession with studying myself and other people is perhaps the primary motivation for me to be a filmmaker. He would watch the same film repeatedly "just to watch certain scenes which interested him." According to him, that is how he learned film direction.
In 2005, Varma directed the Godfatheresque-Sarkar, another super-hit thriller inspired by the life of Bal Thackeray and North Indian politics, which was screened to special mention at the New York Asian Film Festival, along with its sequel Sarkar Raj, which premiered at the 2008 Cannes Film Festival and the 9th IIFA World Premiere-Bangkok, and was archived at the Academy of Motion Pictures library.
The film received highly positive reviews, with critics praising Varma's narrative of assistant commissioner N. Mahale, and the discrepancies associated with Mahale's interaction with Ajmal Kasab on anti terrorism.