
Star Metal Refinery Private Limited
About Star Metal Refinery Private Limited
Data last updated:
Star Metal Refinery Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 20 October 1949 and has been in existence for over 77 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U37100MH1949PTC007841. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Gokul Ghanshyam Binani and Madhu Gokul Binani.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.86 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹94,884 (net margin -3.5%) and EBITDA of ₹2.58 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 706% over three years and 250% over five years.
Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Star Metal Refinery Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No.2 1st Flr Daisy B – 1 Mukta Residency Nr Regent Honda Showroom Kalyan Shill Rd, Khidkali, Thane, Maharashtra, India – 421204
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Star Metal Refinery Private 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
Financials of Star Metal Refinery Private Limited
FY 2024 filings availableStar Metal Refinery Private Limited reported revenue of ₹26.86 Lakh (up 9871% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 250% over five years. EBITDA rose 127% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.58 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94,884 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | -3.5% | ||||
| 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 Star Metal Refinery Private Limited, buy the company report.
Board of directors of Star Metal Refinery Private Limited
Star Metal Refinery has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gokul Ghanshyam Binani | Director | 24 Apr 2002 | 24 Years 6 Months | Current |
| Madhu Gokul Binani Also directs: Francis Klein and Company Bombay Private Limited | Director | 31 Mar 2003 | 23 Years 7 Months | Current |
| Vidhi Gokul Binani Also directs: Francis Klein and Company Bombay Private Limited | Director | 12 Feb 2005 | 21 Years 8 Months | Current |
| Yashvardhan Gokuldas Binani | Director | 27 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Star Metal Refinery Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Angaraj Vanijya Pvt.Ltd. | ₹27.93 Lakh (FY 2024) | -94.0% | Kolkata, West Bengal, India | |||
| Blyth Exim ( India ) Private Limited | ₹27.81 Lakh (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Westland Industries Limited | ₹27.79 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| NSH Steels Private Limited | ₹27.73 Lakh (FY 2021) | -89.0% | Navi Mumbai, Maharashtra, India | |||
| Aakar Sales Agency Private Limited | ₹27.65 Lakh (FY 2020) | -97.0% | Mumbai, Maharashtra, India | |||
| Star Metal Refinery Private Limitedthis company | ₹26.86 Lakh (FY 2024) | -₹94,884 | -3.5% | 9871.0% | Thane, Maharashtra, India | |
| Triumphant Special Alloys Private Limited | ₹26.85 Lakh (FY 2025) | -15.0% | Pune, Maharashtra, India | |||
| Spectra Industries Limited | ₹26.82 Lakh (FY 2022) | 3212.0% | Mumbai, Maharashtra, India | |||
| Viva Technology & Equipments Private Limited | ₹26.71 Lakh (FY 2025) | -75.0% | Navi Mumbai, Maharashtra, India | |||
| Niat Metal & Commodities Private Limited | ₹26.6 Lakh (FY 2025) | 169.0% | Ghaziabad, Uttar Pradesh, India | |||
| K B R Industries Private Limited | ₹26.58 Lakh (FY 2025) | -37.0% | Delhi, India |
To see the full peer comparison of Star Metal Refinery Private Limited, buy the company report.
Auditor
Star Metal Refinery Private Limited is audited by UDESHI SHUKLA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| UDESHI SHUKLA & ASSOCIATES | FY 2020 | 114886W |
Shareholding
The shareholding of Star Metal Refinery Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Star Metal Refinery Private Limited, buy the company report.
Legal cases
Star Metal Refinery Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax -2 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax Bc-Iii , Bombay | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax | Disposed |
To see the full case history of Star Metal Refinery Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Star Metal Refinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Star Metal Refinery has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Star Metal Refinery Private Limited, buy the company report.
Recent activity
Star Metal Refinery Private Limited has 7 board changes on record since 2002: 4 appointments and 3 cessations. The latest: Sanjeev Khandelwal ceased to be Director on 01 Jan 2019.
Frequently asked questions
Star Metal Refinery is an active private limited company based in Thane, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 20 October 1949 (77+ years old) and is registered under CIN U37100MH1949PTC007841.
Star Metal Refinery has 4 current directors:
- Gokul Ghanshyam Binani - Director
- Madhu Gokul Binani - Director
- Vidhi Gokul Binani - Director
- Yashvardhan Gokuldas Binani - Director
The latest financial statements of Star Metal Refinery on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
No. Star Metal Refinery has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Star Metal Refinery is U37100MH1949PTC007841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Star Metal Refinery has 4 court cases on record: 4 filed against it.
Star Metal Refinery was incorporated on 20 October 1949, making it 77+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Star Metal Refinery by revenue are Angaraj Vanijya Pvt.Ltd, Blyth Exim ( India ) Private Limited, Westland Industries Limited, NSH Steels Private Limited, Aakar Sales Agency Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Sanjeev Khandelwal ceased to be Director on 01 Jan 2019. Gaurav Goel ceased to be Director on 01 Dec 2018. Yashvardhan Gokuldas Binani ceased to be Additional Director on 14 Sep 2012. Star Metal Refinery has 7 board changes on record in total.
The registered office of Star Metal Refinery is at Office No.2 1st Flr Daisy B – 1 Mukta Residency Nr Regent Honda Showroom Kalyan Shill Rd, Khidkali, Thane, Maharashtra, India – 421204.
Star Metal Refinery operates in the metals and minerals industry, in the metal retail and distribution segment.

