Star Precision Works (India) Private Limited

Star Precision Works (India) Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28900MH2005PTC152381 Incorporated 04 April 2005 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Small
Revenue · FY 2024
₹8.52 Cr
▲ 27% YoY
Net profit · FY 2024
₹53.29 Lakh
Net margin 6.3%
EBITDA · FY 2024
₹2.03 Cr
EBITDA margin 23.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹2.01 Lakh
Issued & subscribed
Open charges
₹2.86 Cr
Satisfied ₹4.33 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings

About Star Precision Works (India) Private Limited

Data last updated:

Star Precision Works (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 04 April 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28900MH2005PTC152381. Its GSTIN is 27AAJCS0123J1ZG (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.01 Lakh. It is led by directors including Pankti Pranav Parikh and Shital Pranav Parikh.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 403 Fiesta Co.Op Housing Society Limited Vasant Oscar Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.52 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹53.29 Lakh (net margin 6.3%) and EBITDA of ₹2.03 Cr (EBITDA margin 23.8%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 20% over five years.

The company is associated with 1 brand: Star Precision Works India. As per MCA filings, the company has open charges of ₹2.86 Cr and satisfied charges of ₹4.33 Cr on record.

Star Precision Works (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0083411). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starprecision.co.in.

Company details

CIN U28900MH2005PTC152381
Registration Number 152381
Incorporation Date 04 April 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0083411

Recognitions & Rankings of Star Precision Works (India)

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-33-0083411

Contact details

Star Precision Works (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is starprecision.co.in. Its e-mail address is in the company report.

  • Email
  • Registered Address
    A 403 Fiesta Co.Op Housing Society Limited Vasant Oscar Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Star Precision Works (India) Private Limited, buy the company report.

Comprehensive company report
Star Precision Works (India) Private Limited - one report that includes everything
  • 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
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Brands

Star Precision Works (India) operates one associated brand: Star Precision Works India. Each brand links to its own profile.

BrandDescriptionWebsite
Precision machining services for the automotive and industrial sectors in India.starprecision.co.in

Business activity

The main business activity of Star Precision Works (India) is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Star Precision Works (India) Private Limited, buy the company report.

Financials of Star Precision Works (India) Private Limited

FY 2025 filings available

Star Precision Works (India) Private Limited reported revenue of ₹8.52 Cr (up 27% YoY) for FY 2024.

Revenue · FY 2024
₹8.52 Cr ▲ 27%
Net profit · FY 2024
₹53.29 Lakh margin 6.3%
EBITDA · FY 2024
₹2.03 Cr margin 23.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 36%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 23%
5 years · compounded
▲ 9%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 27% growth in the latest year. EBITDA rose 1% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹53.29 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin23.8%
Net Profit Margin6.3%
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 Precision Works (India) Private Limited, buy the company report.

Board of directors of Star Precision Works (India) Private Limited

Star Precision Works (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pankti Pranav ParikhDirector24 Feb 20179 Years 8 MonthsCurrent
Shital Pranav ParikhDirector04 Apr 200521 Years 7 MonthsCurrent
Pranav Rasiklal ParikhDirector04 Apr 200521 Years 7 MonthsCurrent

Peer comparison

Star Precision Works (India) Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mauni Moon Multi-Technologies Private Limited₹8.57 Cr (FY 2025)602.0%Ahmedabad, Gujarat, India
Sairam Bright Industries Private Limited₹8.54 Cr (FY 2017)-25.0%Mumbai, Maharashtra, India
B.B. Steels Pvt Ltd₹8.53 Cr (FY 2025)0.0%New Delhi, Delhi, India
Bengal Steel Fasteners Private Limited₹8.53 Cr (FY 2025)3.0%Howrah, West Bengal, India
Star Precision Works (India) Private Limitedthis company₹8.52 Cr (FY 2024)₹53.29 Lakh6.3%27.0%Mumbai, Maharashtra, India
Mak Iron and Steel Private Limited₹8.51 Cr (FY 2025)-5.0%Sangli, Maharashtra, India

To see the full peer comparison of Star Precision Works (India) Private Limited, buy the company report.

Auditor

Star Precision Works (India) Private Limited is audited by DHIREN P PAREKH & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
DHIREN P PAREKH & COFY 2021134887W

Shareholding

The shareholding of Star Precision Works (India) Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Star Precision Works (India) Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.86 Cr
Satisfied charges
₹4.33 Cr
Breakdown by lending institutions
Axis Bank Limited₹2.86 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Feb 2024100904985Axis Bank Limited₹2 CrOpen
01 Dec 2022100651540Axis Bank Limited₹85.75 LakhOpen
26 Aug 2020100370353Others₹25 LakhSatisfied
09 Aug 2018100197497Others₹25 LakhSatisfied
22 Dec 2017100148075Others₹60 LakhSatisfied

To see the full charge records of Star Precision Works (India) Private Limited, buy the company report.

Total charge records: 17 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Star Precision Works (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Star Precision Works (India) has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAJCS0123J1ZGMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Star Precision Works (India) Private Limited, buy the company report.

Recent activity

Star Precision Works (India) Private Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Kishori Rasiklal Parikh ceased to be Director on 05 Dec 2019.

AGM
Star Precision Works (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Star Precision Works (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100904985 was registered on 06 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 85.75 Lakh with Charge ID 100651540 was registered on 01 Dec 2022.
Charges
A charge registered on 26 Aug 2020 via Charge ID 100370353 with Others was fully satisfied on 18 Mar 2021.
Charges
A charge registered on 09 Aug 2018 via Charge ID 100197497 with Others was fully satisfied on 18 Mar 2021.
Charges
A charge registered on 22 Dec 2017 via Charge ID 100148075 with Others was fully satisfied on 18 Mar 2021.
Charges
A charge registered on 06 Aug 2011 via Charge ID 10304741 with Others was fully satisfied on 18 Mar 2021.
Charges
A charge registered on 12 Dec 2006 via Charge ID 10035175 with The North Kanara G. S. B. Co-Op. Bank Ltd. was fully satisfied on 18 Mar 2021.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100370353 was registered on 26 Aug 2020.
Ceased
Kishori Rasiklal Parikh ceased to be Director.
Charges
A charge registered on 01 Oct 2014 via Charge ID 10524212 with Nkgsb Co-Op. Bank Ltd. was fully satisfied on 15 Nov 2019.

30 earlier events are in the company report.

Frequently asked questions

Star Precision Works (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 04 April 2005 (21+ years old) and is registered under CIN U28900MH2005PTC152381.

Star Precision Works (India) has 3 current directors:

The latest financial statements of Star Precision Works (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Star Precision Works (India) is 27AAJCS0123J1ZG, registered in Maharashtra.

The CIN (Corporate Identification Number) of Star Precision Works (India) is U28900MH2005PTC152381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Star Precision Works (India) was incorporated on 04 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Star Precision Works (India) by revenue are Mauni Moon Multi-Technologies Private Limited, Sairam Bright Industries Private Limited, B.B. Steels Pvt Ltd, Bengal Steel Fasteners Private Limited, Mak Iron and Steel Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).

Kishori Rasiklal Parikh ceased to be Director on 05 Dec 2019. Pankti Pranav Parikh ceased to be Additional Director on 30 Sep 2017. Pankti Pranav Parikh was appointed as Director on 24 Feb 2017. Star Precision Works (India) has 5 board changes on record in total.

Yes, Star Precision Works (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0083411).

Star Precision Works (India) can be reached through the website starprecision.co.in. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Star Precision Works (India) is at A 403 Fiesta Co.Op Housing Society Limited Vasant Oscar Lbs Marg Mulund West, Mumbai, Maharashtra, India – 400080.