About Star Circlips
Star Circlips is an Industrial Goods & Manufacturing company based in Nagpur (India) by Max Stewart. It produces circlips, retaining rings, and precision parts for automotive and industrial sectors. It operates on a B2B model in Industrial Goods & Manufacturing and Energy & Utilities sectors. The company has 437 employees. Its Indian entity Star Circlips & Engineering Limited reported revenue of ₹147 Cr. Star Circlips offers products and services including Circlips, Snap & Retaining Rings, Shims, Spacers, and Washers, Multiformed Components, and Fine Blanking & Machining Components. Its focus areas include Manufacturing, Precision Engineering, Fasteners and Circlips.
Company details
Star Circlips Engineering Limited manufactures mechanical fasteners such as circlips, retaining rings, washers, and shims. Based in Nagpur, India, the company serves industries including automotive, construction, agriculture, and renewable energy through precision engineering and manufacturing processes. They emphasize sustainability with energy-efficient practices and certifications like ISO and IATF.
- Headquarters Nagpur, India
- Employees 437
- Founders Max Stewart
- SectorsIndustrial Goods & ManufacturingEnergy & Utilities
- Email••••••••
- Website starcirclips.com
- Legal Name Star Circlips & Engineering Limited
- Date of Incorporation 21 Mar, 1974
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹147 Cr
FY 2023 · -2% YoY
- Net Profit₹11.52 Cr
FY 2023 · 8% margin
- EBITDA₹28.11 Cr
FY 2023 · 19% margin
- Employee Count437
Associated legal entities of Star Circlips
Star Circlips operates through Star Circlips & Engineering Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Star Circlips & Engineering Limited CIN U24110MH1974PLC017301 | Active | 21 Mar 1974 | Nagpur, Maharashtra | ₹147 Cr | 437 | 7 | View details |
Products & Services of Star Circlips
Star Circlips offers a comprehensive portfolio of products and services, including Circlips, Snap & Retaining Rings, Shims, Spacers, and Washers, Multiformed Components, and Fine Blanking & Machining Components.
Mechanical fasteners that secure components onto shafts or bores
Circular rings used for holding parts in assemblies
Thin parts for alignment and load distribution
Custom formed parts for specific applications
Net-shape finished parts with minimal processing
Board of directors of Star Circlips & Engineering Limited (Star Circlips)
Star Circlips & Engineering Limited is the primary company behind Star Circlips. The board of Star Circlips & Engineering Limited currently have 7 directors; the longest-serving is Mayank Arun Bhandari, appointed in 2010. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mayank Arun Bhandari DIN 01176865 | Whole-time director | 01 Dec 2010 | 15 yrs 11 mo | Star Circlips & Engineering Limited |
| Sakshi Mayank Bhandari DIN 06360100 | Whole-time director | 01 Mar 2012 | 14 yrs 8 mo | Star Circlips & Engineering Limited |
| Rohini Arun Bhandari DIN 06458838 | Whole-time director | 01 Apr 2013 | 13 yrs 7 mo | Star Circlips & Engineering Limited |
| Arun Raghuvirraj Bhandari DIN 00008901 | Whole-time director | 01 Feb 2015 | 11 yrs 9 mo | Star Circlips & Engineering Limited |
| Vrinda Prashant Rathi DIN 02057057 | Director | 31 Aug 2018 | 8 yrs 2 mo | Star Circlips & Engineering Limited |
| Chander Agarwal DIN 00212038 | Director | 31 Aug 2018 | 8 yrs 2 mo | Star Circlips & Engineering Limited |
| Mahendra Kumar Chopra DIN 11384271 | Additional Director | 25 Nov 2025 | 11 mo | Star Circlips & Engineering Limited |
People of Star Circlips
1 people are tracked at Star Circlips (1 in leadership); the tracked headcount is 437.
| Name | Role | Group |
|---|---|---|
Max Stewart | Founder | Leadership |
Complete people profiles for Star Circlips
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Financials of Star Circlips
Figures of Star Circlips & Engineering Limited, the primary company behind Star Circlips, for FY 2023. Revenue was ₹147 Cr (-2% year on year). Net profit was ₹11.52 Cr (8% margin). EBITDA was ₹28.11 Cr (19% margin). Revenue has grown at a compounded annual rate of +15% over three years and +6% over five years.
- ₹147 CrRevenue · FY 2023 · -2% YoY
- ₹11.52 CrNet profit · 8% margin
- ₹28.11 CrEBITDA · 19% margin
- ₹3.83 CrPaid-up capital
- 437Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Star Circlips & Engineering Limited are on its company page.
Detailed financial statements for Star Circlips
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Top companies in PCB & Electronic Components
3 companies that operate in the same segment as Star Circlips (PCB & Electronic Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | ||||
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | USD 33.25 M | 335 | ||
Electronic safety embedded systems are manufactured for railway transport. | 2002 | Bengaluru, Karnataka, India | 383 |
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Frequently Asked Questions about Star Circlips
Star Circlips is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Star Circlips has 437 employees.
The primary company behind Star Circlips, Star Circlips & Engineering Limited, reported revenue of ₹147 Cr for FY 2023, down 2% year on year.
Star Circlips Engineering Limited manufactures mechanical fasteners such as circlips, retaining rings, washers, and shims. Based in Nagpur, India, the company serves industries including automotive, construction, agriculture, and renewable energy through precision engineering and manufacturing processes. They emphasize sustainability with energy-efficient practices and certifications like ISO and IATF.
Star Circlips offers Circlips, Snap & Retaining Rings, Shims, Spacers, and Washers, Multiformed Components, and Fine Blanking & Machining Components.
Star Circlips operates through Star Circlips & Engineering Limited.
The legal entities of Star Circlips currently have 7 directors, including Sakshi Mayank Bhandari, Vrinda Prashant Rathi, Rohini Arun Bhandari and others.