Nexus Select Trust

Nexus Select Trust

₹ 168 -0.49%
11 Aug 4:01 p.m.
About

Nexus Select Trust (NST) is the owner of India's leading consumption center platform of high-quality assets that serve as essential consumption infrastructure and is the first publicly listed consumption center REIT in India.[1][2]

Key Points

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]

  • Market Cap 25,479 Cr.
  • Current Price 168
  • High / Low 192 / 143
  • Stock P/E 23.2
  • Book Value 98.1
  • Dividend Yield 1.45 %
  • ROCE 7.83 %
  • ROE 7.78 %
  • Face Value 100

Pros

  • Company has delivered good profit growth of 51.3% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 134%

Cons

  • Tax rate seems low
  • Company has a low return on equity of 8.24% over last 3 years.
  • Promoters have pledged 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
36 425 305 303 325 307 348 332 371 317 382 433 307
10 9 5 6 5 5 6 5 5 6 6 5 6
Operating Profit 26 415 300 297 320 302 343 327 366 311 376 427 300
OPM % 71% 98% 98% 98% 98% 98% 98% 99% 99% 98% 98% 99% 98%
0 2 3 2 2 2 6 5 2 1 1 1 0
Interest 12 46 46 46 47 50 67 71 77 79 81 79 81
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 14 371 257 254 275 255 282 261 291 233 297 349 220
Tax % 0% 0% 0% 1% 0% 0% 0% 1% 0% 0% -0% 0% 0%
14 371 257 252 275 254 281 259 290 232 297 349 220
EPS in Rs 0.09 2.45 1.70 1.66 1.81 1.68 1.85 1.71 1.92 1.53 1.96 2.30 1.45
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 8m Mar 2024 Mar 2025 Mar 2026 TTM
1,622 907 1,318 0 1,069 1,313 1,503 1,438
624 436 536 3 31 20 23 23
Operating Profit 998 471 782 -3 1,039 1,292 1,480 1,415
OPM % 62% 52% 59% 97% 98% 98% 98%
79 124 57 0 7 15 6 4
Interest 560 553 524 0 150 235 316 320
Depreciation 261 251 243 0 0 0 0 0
Profit before tax 256 -210 72 -3 896 1,073 1,169 1,099
Tax % 19% -5% 115% 0% 0% 0% 0%
207 -199 -11 -3 894 1,069 1,168 1,098
EPS in Rs 5.90 7.06 7.71 7.24
Dividend Payout % 0% 0% 0% 0% 119% 179% 102%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: %
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: 51%
3 Years: 634%
TTM: 1%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 13%
1 Year: 11%
Return on Equity
10 Years: %
5 Years: 8%
3 Years: 8%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 225 248 325 0.00 15,095 15,095 15,095
Reserves 2,101 1,414 1,399 -3 136 -74 -238
5,971 6,294 6,319 0 2,224 3,521 4,385
1,205 975 997 48 18 22 13
Total Liabilities 9,502 8,932 9,040 45 17,473 18,565 19,255
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 14,207
1,861 1,382 1,611 45 3,158 4,333 5,048
Total Assets 9,502 8,932 9,040 45 17,473 18,565 19,255

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
911 413 747 0 -33 -21 -21
-1,008 75 -271 0 -2,586 192 823
106 -403 -438 0 2,671 -216 -785
Net Cash Flow 8 85 39 0 52 -45 17
Free Cash Flow 303 274 622 0 -33 -21 -21
CFO/OP 103% 80% 108% 0% -3% -1% -1%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 31 60 32 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 31 60 32 0 0 0
Working Capital Days -111 -106 -101 21 -46 20
ROCE % 4% 7% -0% 12% 7% 8%

Insights

In beta
Jun 2022 Dec 2023 Dec 2024 Dec 2025
Leased Occupancy
%

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Consumption / Tenant Sales
INR Bn
LTM Footfalls
M (millions)
Retail Leasable Area
M sf
Trading Density
INR psf pm
Trading Occupancy
%
Re-leasing Spread
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

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