Of composite matter, sure, because it's composite in a certain sort of way, you do not get perfect circles. But the structure of macroscopic material does not exhaust the physically.
Even here, one could define some process (eg., gravitational) which drives matter towards being a perfect circle, because perfect circularity is a property of that process. This is, as a matter of fact, true of gravity -- if it weren't we'd observe violations of lorentz invariance, which we do not.