Nexus Select Trust
- Market Cap ₹ 22,914 Cr.
- Current Price ₹ 151
- High / Low ₹ 169 / 125
- Stock P/E 45.3
- Book Value ₹ 90.8
- Dividend Yield 4.51 %
- ROCE 5.17 %
- ROE 2.89 %
- Face Value ₹ 100
Pros
- Company has been maintaining a healthy dividend payout of 126%
Cons
- 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.
Peer comparison
Consumer Discretionary Realty Realty Real Estate Investment Trusts (REITs)
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 8m | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|
| 0 | 1,916 | 2,283 | 2,496 | |
| 3 | 632 | 731 | 797 | |
| Operating Profit | -3 | 1,284 | 1,552 | 1,698 |
| OPM % | 67% | 68% | 68% | |
| 0 | 88 | 126 | 106 | |
| Interest | 0 | 337 | 394 | 450 |
| Depreciation | 0 | 520 | 586 | 616 |
| Profit before tax | -3 | 515 | 698 | 738 |
| Tax % | 0% | -16% | 31% | |
| -3 | 599 | 483 | 506 | |
| EPS in Rs | 3.95 | 3.19 | 3.33 | |
| Dividend Payout % | 0% | 178% | 199% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 15,095 | 15,095 | 15,095 |
| Reserves | -3 | -160 | -956 | -1,345 |
| 0 | 4,271 | 5,336 | 5,841 | |
| 48 | 894 | 1,046 | 1,114 | |
| Total Liabilities | 45 | 20,100 | 20,520 | 20,705 |
| 0 | 17,915 | 18,323 | 18,601 | |
| CWIP | 0 | 35 | 69 | 1 |
| Investments | 0 | 1,185 | 1,328 | 1,344 |
| 45 | 965 | 800 | 759 | |
| Total Assets | 45 | 20,100 | 20,520 | 20,705 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 0 | 1,217 | 1,532 | |
| 0 | -398 | -965 | |
| 0 | -780 | -588 | |
| Net Cash Flow | 0 | 39 | -20 |
| Free Cash Flow | 0 | 1,131 | 1,387 |
| CFO/OP | 0% | 101% | 103% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 12 | 9 | |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 12 | 9 | |
| Working Capital Days | -126 | -175 | |
| ROCE % | 8% | 5% |
Insights
In beta| Sep 2022 | Dec 2023 | Dec 2024 | Dec 2025 | |
|---|---|---|---|---|
| Leased Occupancy - Retail % |
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| LTM Footfalls Million |
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| NexusONE App Sign-ups Millions |
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| Number of Malls Number |
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| Total Retail Leasable Area Million sf |
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Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
2d - Nexus Select Trust management met institutional investors on March 30, 2026; senior management attended.
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Reg 23(5)(i): Disclosure of material issue
30 Mar - Trading window closed Apr 1, 2026 until 48 hours after results for quarter/FY ended Mar 31, 2026.
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Reg 23(5)(i): Disclosure of material issue
26 Mar - One on one meeting with institutional investor on March 26, 2026 by Nexus Select Trust management.
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Reg 23(5)(i): Disclosure of material issue
25 Mar - Amendment to NCD Debenture Trust Deed (INR 700 Crore NCDs) to correct property description; filing for in-principle approval.
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Reg 23(5)(i): Disclosure of material issue
23 Mar - Nexus Select Trust redeemed INR 150 Crore CPs (ISIN INE0NDH14130), 3,000 CPs, on March 23, 2026.
Annual reports
No data available.
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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May 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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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]