A fast load current sensing apparatus and scheme provides instantaneous detection of peak current excursions using low silicon area and power efficient techniques. The response time for detecting signal excursions and measuring a signal (e.g., load current) is independent of resolution or precision and can be applied to high resolution telemetry. The apparatus sends out maximum current limit (FHC_limit) code at any instant the load current is detected to be more than a digital-to-analog converter (DAC) code. If the load current is less than the FHC_limit the scheme restores to a next DAC code as per a counter's next value. In case load current is more than FHC_limit, the scheme updates the DAC code to FHC_limit code and starts the counter from the FHC_limit.