Nexus Select Trust
- Market Cap ₹ 25,041 Cr.
- Current Price ₹ 165
- High / Low ₹ 169 / 120
- Stock P/E 23.6
- Book Value ₹ 98.4
- Dividend Yield 2.69 %
- ROCE 7.18 %
- ROE 6.97 %
- Face Value ₹ 100
Pros
- Company has delivered good profit growth of 38.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 69.7%
Cons
- The company has delivered a poor sales growth of -4.14% over past five years.
- Tax rate seems low
- Company has a low return on equity of 8.22% over last 3 years.
- Promoters have pledged or encumbered 77.4% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Real Estate Investment Trusts (REITs)
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 8m | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 1,622 | 907 | 1,318 | 0 | 1,069 | 1,313 | 1,368 | |
| 624 | 436 | 536 | 3 | 31 | 20 | 22 | |
| Operating Profit | 998 | 471 | 782 | -3 | 1,039 | 1,292 | 1,347 |
| OPM % | 62% | 52% | 59% | 97% | 98% | 98% | |
| 79 | 124 | 57 | 0 | 7 | 15 | 13 | |
| Interest | 560 | 553 | 524 | 0 | 150 | 235 | 294 |
| Depreciation | 261 | 251 | 243 | 0 | 0 | 0 | 0 |
| Profit before tax | 256 | -210 | 72 | -3 | 896 | 1,073 | 1,066 |
| Tax % | 19% | -5% | 115% | 0% | 0% | 0% | |
| 207 | -199 | -11 | -3 | 894 | 1,069 | 1,062 | |
| EPS in Rs | 5.90 | 7.06 | 7.01 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 119% | 90% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | 0% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 355% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 8% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 225 | 248 | 325 | 0.00 | 15,095 | 15,095 | 15,095 |
| Reserves | 2,101 | 1,414 | 1,399 | -3 | 136 | -74 | -192 |
| 5,971 | 6,294 | 6,319 | 0 | 2,224 | 3,521 | 4,034 | |
| 1,205 | 975 | 997 | 48 | 18 | 22 | 15 | |
| Total Liabilities | 9,502 | 8,932 | 9,040 | 45 | 17,473 | 18,565 | 18,952 |
| 7,468 | 7,323 | 7,234 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 21 | 0 | 0 | 0 | 0 | 0 |
| Investments | 174 | 206 | 195 | 0 | 14,315 | 14,232 | 14,178 |
| 1,861 | 1,382 | 1,611 | 45 | 3,158 | 4,333 | 4,774 | |
| Total Assets | 9,502 | 8,932 | 9,040 | 45 | 17,473 | 18,565 | 18,952 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 911 | 413 | 747 | 0 | -33 | -21 | |
| -1,008 | 75 | -271 | 0 | -2,586 | 192 | |
| 106 | -403 | -438 | 0 | 2,671 | -216 | |
| Net Cash Flow | 8 | 85 | 39 | 0 | 52 | -45 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 31 | 60 | 32 | 0 | 0 | |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 31 | 60 | 32 | 0 | 0 | |
| Working Capital Days | -111 | -106 | -101 | 21 | -46 | |
| ROCE % | 4% | 7% | -0% | 12% | 7% |
Documents
Announcements
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Reg 23(5)(d): Disclosure of details of any credit rating obtained by the REIT and any change in such rating
26 Nov - Crisil assigned AAA (Stable) rating to proposed INR 700 crore NCDs on November 26, 2025.
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Reg 23(5)(i): Disclosure of material issue
26 Nov - Board meeting Dec 1, 2025 to consider issuing listed, rated, redeemable NCDs to raise funds.
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Reg 23(5)(i): Disclosure of material issue
20 Nov - Institutional one-on-one and group meetings held November 20, 2025; Kotak Mid Cap Conference.
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Reg 23(5)(i): Disclosure of material issue
18 Nov - Management met institutional investors on Nov 17, 2025 (one-on-one and Avendus Spark INDX conference).
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Reg 23(5)(i): Disclosure of material issue
14 Nov - H1 FY2025-26 half-yearly report; revenue ₹12,445 Mn, NOI ₹9,277 Mn, NAV ₹159.35/unit.
Annual reports
No data available.
Concalls
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May 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Jul 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
Background[1]
NxST is registered as an irrevocable trust under the Indian Trust Act, of 1882, and as a REIT with SEBI’s REIT Regulations, 2014. NxST is sponsored by Wynford Investments Limited (a Blackstone Inc. affiliate) and is India's 1st publicly listed REIT[2]