Nexus Select Trust Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹23,705 Cr
- P/E
- 53.84
- ROE
- 2.69%
- PEG
- 0.14
- Price to sales
- 9.00
- Debt to equity
- 0.47
- 52W high / low
- ₹169 / ₹150
- EBITDA margin
- 67.39%
- Net profit margin
- 14.30%
- Sales (last year)
- ₹2,635 Cr
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]
Guidance scorecard · Q1 FY27 call
What Nexus Select Trust's management guided
and where it ranks in Realty
Realty
RevenueQ1 FY27 call
10–20%- Consumption growth was robust at 17% year-on-year in Q1 FY27, with positive momentum continuing into July.
- Broad-based double-digit growth across categories like fashion (mid-teens), jewellery (75%+ growth), electronics (24%), F&B (12%), and entertainment (16%).
- Positive demand supported by key festive occasions and wedding season boosts.
- NOI growth of 11% and rental growth expected at 8-9% annually driven by contracted escalations (5% per year), 20% mark-to-market upsides on renewals, and revenue share increases.
- Approximately 54% of gross rentals from leases expiring over the next four years present a healthy mark-to-market upside of ~20%.
- Strategic churn and onboarding of premium brands expected to elevate rental and trading densities further.
2 more points from Nexus Select Trust's call on revenue
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MarginsQ1 FY27 call
FlatSee what Nexus Select Trust said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Construction progress is ongoing for Nexus Runwal Gardens Mall in the Mumbai Metropolitan Region (MMR).
- Around 70% of the foundation work for Nexus Runwal Gardens Mall is completed.
- The balance foundation work, raft, and basement slabs are expected to be completed by September 2026.
- The project remains on schedule with the expectation to acquire the asset by March 2028.
- The acquisition pipeline is robust with eight identified retail assets across India.
- Acquisition of Diamond Plaza is expected to close within the next 30 to 60 days.
2 more points from Nexus Select Trust's call on capex
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FundraisingQ1 FY27 call
See what Nexus Select Trust said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- Nexus Select Trust has a robust acquisition pipeline with eight identified retail asset opportunities across India.
- Currently, two assets are under due diligence.
- The acquisition of Diamond Plaza in Kolkata is expected to close within the next 30 to 60 days.
- Beyond Diamond Plaza, the pipeline includes a few assets primarily in the eastern part of India, with near-term plans to close or sign over the next 45 to 60 days.
- The trust aims to add two to three high-quality assets to its portfolio during the year, strengthening its growth trajectory.
2 more points from Nexus Select Trust's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Realty
on management's own guidance
- Sobha LtdGood growth2
- Strong growth1
- Man Infraconstruction LtdGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Realty companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹12,035 Cr | 41.1 | |
| 2 | Sobha Ltd | 20–40% | Up 2%+ | ₹12,548 Cr | 54.4 |
| 3 | Man Infraconstruction Ltd | 20–40% | Up 2%+ | ₹4,602 Cr | 21.2 |
| 4 | 20–40% | Up 2%+ | ₹1,157 Cr | 12.7 | |
| 5 | 20–40% | Flat | ₹1.06L Cr | 25.6 | |
| 6 | 20–40% | Flat | ₹61,922 Cr | 23.4 |
Sign up free to see every company in the sector ranking and track Nexus Select Trust.
Pro shows every company guiding 40%+ revenue growth →Full Realty rankingNexus Select Trust announcements
All announcements →- Fundraise / allotmentNotableNexus Select Trust to consider raising up to ₹2,050 Cr in debt on October 12, 2026
- Acquisition / mergerNotableNexus Select Trust: valuation report on Guwahati mall, Hyatt Regency acquisition
- Acquisition / mergerNotableNexus Select Trust to acquire 100% stake in Galaxy Infra Creations Pvt. Ltd.
Financials of Nexus Select Trust
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Nexus Select Trust
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 0 | 287 | 541 | 571 | 542 | 554 | 557 | 594 | 580 | 614 | 631 | 671 | 652 |
| Expenses + | 3 | 98 | 183 | 185 | 166 | 180 | 179 | 189 | 182 | 192 | 203 | 220 | 225 |
| Operating Profit | -3 | 190 | 357 | 387 | 375 | 374 | 378 | 405 | 398 | 421 | 428 | 451 | 428 |
| OPM % | 66% | 66% | 68% | 69% | 67% | 68% | 68% | 69% | 69% | 68% | 67% | 66% | |
| Other Income + | 0 | 6 | 18 | 19 | 20 | 28 | 21 | 39 | 35 | 26 | 21 | 23 | 23 |
| Interest | 0 | 53 | 95 | 97 | 93 | 91 | 93 | 104 | 106 | 112 | 116 | 116 | 114 |
| Depreciation | 0 | 78 | 147 | 148 | 148 | 145 | 147 | 148 | 146 | 155 | 162 | 153 | 150 |
| Profit before tax | -3 | 65 | 134 | 161 | 156 | 165 | 159 | 193 | 181 | 180 | 172 | 204 | 187 |
| Tax % | 0% | -45% | -88% | 34% | 6% | 15% | 31% | 38% | 37% | 34% | 23% | 32% | 93% |
| Net Profit + | -3 | 94 | 251 | 107 | 146 | 140 | 110 | 119 | 114 | 120 | 132 | 139 | 12 |
| EPS in Rs | 0.62 | 1.66 | 0.71 | 0.97 | 0.92 | 0.73 | 0.78 | 0.75 | 0.79 | 0.87 | 0.92 | 0.08 |
Financials of Nexus Select Trust
Profit & Loss
Annual income statement trend
| Mar 2023 8m | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales + | 0 | 1,916 | 2,283 | 2,568 |
| Expenses + | 3 | 632 | 731 | 835 |
| Operating Profit | -3 | 1,284 | 1,552 | 1,733 |
| OPM % | 67% | 68% | 67% | |
| Other Income + | 0 | 88 | 126 | 88 |
| Interest | 0 | 337 | 394 | 458 |
| Depreciation | 0 | 520 | 586 | 620 |
| Profit before tax | -3 | 515 | 698 | 743 |
| Tax % | 0% | -16% | 31% | 46% |
| Net Profit + | -3 | 599 | 483 | 403 |
| EPS in Rs | 3.95 | 3.19 | 2.66 | |
| Dividend Payout % | 0% | 178% | 199% | 340% |
Financials of Nexus Select Trust
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 15,095 | 15,095 | 15,095 |
| Reserves | -3 | -160 | -956 | -1,885 |
| Borrowings + | 0 | 4,271 | 5,336 | 6,203 |
| Other Liabilities + | 48 | 894 | 1,046 | 1,191 |
| Total Liabilities | 45 | 20,100 | 20,520 | 20,604 |
| Fixed Assets + | 0 | 17,915 | 18,323 | 18,589 |
| CWIP | 0 | 35 | 69 | 2 |
| Investments | 0 | 1,185 | 1,328 | 1,318 |
| Other Assets + | 45 | 965 | 800 | 695 |
| Total Assets | 45 | 20,100 | 20,520 | 20,604 |
Financials of Nexus Select Trust
Cash Flows
Operating, investing and financing cash movement
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | 0 | 1,217 | 1,532 | 1,662 |
| Cash from Investing Activity + | 0 | -398 | -965 | -731 |
| Cash from Financing Activity + | 0 | -780 | -588 | -914 |
| Net Cash Flow | 0 | 39 | -20 | 17 |
| Free Cash Flow | 0 | 1,131 | 1,387 | 801 |
| CFO/OP | 0% | 101% | 103% | 104% |
Financials of Nexus Select Trust
Ratios
Working capital efficiency and return ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 12 | 9 | 8 | |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 12 | 9 | 8 | |
| Working Capital Days | -126 | -175 | 14 | |
| ROCE % | 8% | 5% | 6% |
Guidance history
How Nexus Select Trust's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | — |
| Q4 FY26 call → | 10–20% | Flat | Planned | Planned | — |
| Q3 FY26 call → | 0–10% | Flat | Planned | Planned | Rising |
| Q2 FY26 call → | 10–20% | Flat | Planned | Planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
53 out of 100 — Steady
Over the past year its share price has moved roughly in the middle of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −5.0% | 55% |
| Last 6 months | +0.4% | 54% |
| Last 3 months | −7.1% | 48% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Nexus Select Trust: 0.4 × 55 + 0.4 × 54 + 0.2 × 48 = 53.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Nexus Select Trust's management said in earlier quarters
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