About Star Circlips & Engineering Limited
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Star Circlips & Engineering Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 March 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1974PLC017301. Its GSTIN is 27AACCS8003L1Z8 (Maharashtra).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.83 Cr. It was formerly known as Star Pyro Chemicals Private Limited. It is led by directors including Sakshi Mayank Bhandari (Whole-Time Director) and Rohini Arun Bhandari (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B – 24 MIDC Area Hingna Industrial Estate Hingna, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2023, the company reported a revenue of ₹146.65 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹11.52 Cr (net margin 7.9%) and EBITDA of ₹28.11 Cr (EBITDA margin 19.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 437 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Star Circlips. As per MCA filings, the company has open charges of ₹95.31 Cr and satisfied charges of ₹128.73 Cr on record. Court records list 20 cases involving the company, including 14 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starcirclips.com.
Company details
CIN history
Star Circlips & Engineering has one previous CIN (Corporate Identification Number): U24110MH1974PTC017301. The current CIN is U24110MH1974PLC017301, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MH1974PLC017301 | Current |
| U24110MH1974PTC017301 | Previous |
Contact details
Star Circlips & Engineering Limited's registered office is in Nagpur, Maharashtra. Its website is starcirclips.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 24 MIDC Area Hingna Industrial Estate Hingna, Nagpur, Maharashtra, India – 440016
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Star Circlips & Engineering Limited, buy the company report.
- 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
Brands
Star Circlips & Engineering operates one associated brand: Star Circlips. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces circlips, retaining rings, and precision parts for automotive and industrial sectors. | starcirclips.com |
Business activity
The main business activity of Star Circlips & Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Star Circlips & Engineering Limited, buy the company report.
Financials of Star Circlips & Engineering Limited
FY 2023 filings availableStar Circlips & Engineering Limited reported revenue of ₹146.65 Cr (down 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 14% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹146.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.52 Cr | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.2% | ||||
| Net Profit Margin | 7.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Star Circlips & Engineering Limited, buy the company report.
Board of directors of Star Circlips & Engineering Limited
Star Circlips & Engineering has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sakshi Mayank Bhandari | Whole-Time Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Vrinda Prashant Rathi Also directs: V.K.Vinimay LLP, Gold Mohar Panels Private Limited | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Rohini Arun Bhandari Also directs: MMP Industries Limited, MMP Electricals Private Limited | Whole-Time Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Arun Raghuvirraj Bhandari Also directs: MMP Industries Limited, Rohini Farms & Agriculture Private Limited, MMP Electricals Private Limited and 4 more | Whole-Time Director | 01 Feb 2015 | 11 Years 9 Months | Current |
| Chander Agarwal Also directs: Gallay India Private Limited | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Mayank Arun Bhandari Also directs: MMP Industries Limited, MMP Electricals Private Limited, MMP Cables Private Limited and 4 more | Whole-Time Director | 01 Dec 2010 | 15 Years 11 Months | Current |
Peer comparison
Star Circlips & Engineering Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Industrias Del Recambio India Private Limited | ₹147.32 Cr (FY 2025) | 44.0% | Kanchipuram, Tamil Nadu, India | |||
| JRD Perfect Tools Private Limited | ₹147.22 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Belmaks Private Limited | ₹147.09 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Star Circlips & Engineering Limitedthis company | ₹146.65 Cr (FY 2023) | ₹11.52 Cr | 7.9% | -2.0% | 437 | Nagpur, Maharashtra, India |
| Aurangabad Auto Ancilliary Pvt Ltd | ₹145.41 Cr (FY 2025) | 0.0% | Aurangabad, Maharashtra, India | |||
| G S Auto International Limited | ₹145.36 Cr (FY 2025) | -4.0% | Punjab, India |
To see the full peer comparison of Star Circlips & Engineering Limited, buy the company report.
Auditor
Star Circlips & Engineering Limited is audited by G.K.Agrawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.K.Agrawal & Co. | FY 2023 | 100128W |
Shareholding
The shareholding of Star Circlips & Engineering Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Star Circlips & Engineering Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101081590 | Axis Bank Limited | ₹5 Cr | Open | |
| 04 Apr 2022 | 100563773 | Axis Bank Limited | ₹33.25 Cr | Open | |
| 14 Mar 2022 | 100553974 | Axis Bank Limited | ₹7.46 Cr | Open | |
| 21 Sep 2015 | 10596237 | Others | ₹49.6 Cr | Open | |
| 03 May 2023 | 100724040 | Hdfc Bank Limited | ₹3.5 Cr | Satisfied |
To see the full charge records of Star Circlips & Engineering Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Star Circlips & Engineering Limited has 20 court cases on record: 14 filed by Star Circlips & Engineering, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 0 |
| High courts | 9 | 1 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (ARP) | Filed against the company by M/S. Zamil Steel Buildings India Pvt. Ltd. THR. Authorised Signatory Mr. Muqeet Sheikh | Disposed |
| District court, Nagpur, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed by the company against State of Maharashtra, Through Police Station Officer Police Station Midc, Bori | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (CAW) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Star Circlips & Engineering Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Star Circlips & Engineering Limited was last rated by Icra on 10 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Feb 2022 |
To see the full credit ratings and regulatory alerts of Star Circlips & Engineering Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Star Circlips & Engineering Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Star Circlips & Engineering Limited has a workforce of 437 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Star Circlips & Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS8003L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Star Circlips & Engineering Limited, buy the company report.
Recent activity
Star Circlips & Engineering Limited has 16 board changes on record since 2006: 8 appointments and 8 cessations. The latest: Mahendra Kumar Chopra was appointed as Additional Director on 25 Nov 2025.
58 earlier events are in the company report.
Frequently asked questions
Star Circlips & Engineering is an active public limited company based in Nagpur, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 March 1974 (52+ years old) and is registered under CIN U24110MH1974PLC017301.
Star Circlips & Engineering has 7 current directors:
- Sakshi Mayank Bhandari - Whole-Time Director
- Rohini Arun Bhandari - Whole-Time Director
- Arun Raghuvirraj Bhandari - Whole-Time Director
- Mayank Arun Bhandari - Whole-Time Director
- Vrinda Prashant Rathi - Director
- Chander Agarwal - Director
- Mahendra Kumar Chopra - Additional Director
The latest financial statements of Star Circlips & Engineering on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Star Circlips & Engineering is 27AACCS8003L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Star Circlips & Engineering is U24110MH1974PLC017301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Circlips & Engineering has 20 court cases on record: 14 filed by the company and 6 filed against it. Most are in the district courts.
Star Circlips & Engineering was incorporated on 21 March 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Star Circlips & Engineering by revenue are Industrias Del Recambio India Private Limited, JRD Perfect Tools Private Limited, Belmaks Private Limited, Aurangabad Auto Ancilliary Pvt Ltd, G S Auto International Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products).
Mahendra Kumar Chopra was appointed as Additional Director on 25 Nov 2025. Achyut Balkrishna Gokhale ceased to be Director on 31 May 2022. Arun Raghuvirraj Bhandari ceased to be Director on 01 Apr 2022. Star Circlips & Engineering has 16 board changes on record in total.
Star Circlips & Engineering can be reached through the website starcirclips.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Star Circlips & Engineering is at B – 24 MIDC Area Hingna Industrial Estate Hingna, Nagpur, Maharashtra, India – 440016.
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