Announcement • Jul 06
Nexus Select Trust, Annual General Meeting, Jul 29, 2026 Nexus Select Trust, Annual General Meeting, Jul 29, 2026, at 14:00 Indian Standard Time. Reported Earnings • Jul 06
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: ₹2.66 (down from ₹3.19 in FY 2025). Revenue: ₹25.7b (up 12% from FY 2025). Net income: ₹4.03b (down 16% from FY 2025). Profit margin: 16% (down from 21% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Retail REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: ₹2.66 (down from ₹3.19 in FY 2025). Revenue: ₹26.6b (up 13% from FY 2025). Net income: ₹4.03b (down 16% from FY 2025). Profit margin: 15% (down from 21% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Retail REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 14
Third quarter dividend of ₹2.29 announced Shareholders will receive a dividend of ₹2.29. Ex-date: 15th May 2026 Payment date: 22nd May 2026 Dividend yield will be 5.7%, which is about the same as the industry average. Announcement • May 05
Nexus Select Trust to Report Q4, 2026 Results on May 12, 2026 Nexus Select Trust announced that they will report Q4, 2026 results on May 12, 2026 Reported Earnings • Feb 10
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: EPS: ₹0.92 (up from ₹0.78 in 3Q 2025). Revenue: ₹6.73b (up 12% from 3Q 2025). Net income: ₹1.39b (up 17% from 3Q 2025). Profit margin: 21% (in line with 3Q 2025). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) missed analyst estimates by 8.0%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Retail REITs industry in Asia. Declared Dividend • Feb 04
Second quarter dividend of ₹2.37 announced Shareholders will receive a dividend of ₹2.37. Ex-date: 5th February 2026 Payment date: 12th February 2026 Dividend yield will be 5.5%, which is about the same as the industry average. Buy Or Sell Opportunity • Feb 01
Now 23% overvalued Over the last 90 days, the stock has fallen 2.3% to ₹159. The fair value is estimated to be ₹130, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last year. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 65% in the next 2 years. Announcement • Jan 21
Nexus Select Trust to Report Q3, 2026 Results on Feb 02, 2026 Nexus Select Trust announced that they will report Q3, 2026 results on Feb 02, 2026 Board Change • Dec 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Additional Non-Executive Non-Independent Director of Nexus Select Mall Management Private Limited Siddharth Nawal was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Nov 06
Second quarter dividend of ₹2.20 announced Shareholders will receive a dividend of ₹2.20. Ex-date: 10th November 2025 Payment date: 17th November 2025 Dividend yield will be 5.2%, which is lower than the industry average of 5.6%. Announcement • Oct 27
Nexus Select Trust to Report Q2, 2026 Results on Nov 04, 2025 Nexus Select Trust announced that they will report Q2, 2026 results on Nov 04, 2025 Announcement • Sep 20
Nexus Select Trust Reportedly in Advanced Talks to Buy Kolkata's Diamond Plaza Nexus Select Trust (NSEI:NXST) is in advanced talks to buy Kolkata's Diamond Plaza for an estimated INR 5,000 million-INR 6,000 million, adding to its existing portfolio of 19 malls, according to two people familiar with the developer's plans. The move is linked to the company's focus on the organized and branded consumption segment, where per capita usage still remains low, one of the people quoted earlier said, speaking on the condition of anonymity. "They feel there is a market retail penetration per capita very low and they are trying to bridge that gap." Diamond Plaza, which opened in September 2012, is a neighbourhood shopping centre in North Kolkata. Its tenants include Pantaloons, Trends, Max, Reliance Digital, W, and Manyavar. A spokesperson for Nexus Select Trust said, "We don't comment on market speculation. As of now, Nexus Select Trust does not have any physical presence in Kolkata". Declared Dividend • Aug 01
First quarter dividend of ₹2.23 announced Shareholders will receive a dividend of ₹2.23. Ex-date: 4th August 2025 Payment date: 11th August 2025 Dividend yield will be 5.7%, which is about the same as the industry average. Announcement • Jul 22
Nexus Select Trust to Report Q1, 2026 Results on Jul 30, 2025 Nexus Select Trust announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • Jul 03
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹3.19 (down from ₹4.45 in FY 2024). Revenue: ₹24.0b (up 23% from FY 2024). Net income: ₹4.83b (down 19% from FY 2024). Profit margin: 20% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Retail REITs industry in Asia. New Risk • Jul 03
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 31% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin). Announcement • Jun 30
Nexus Select Trust, Annual General Meeting, Jul 29, 2025 Nexus Select Trust, Annual General Meeting, Jul 29, 2025, at 14:00 Indian Standard Time. Declared Dividend • May 15
Third quarter dividend of ₹2.00 announced Shareholders will receive a dividend of ₹2.00. Ex-date: 16th May 2025 Payment date: 23rd May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.6%. Announcement • May 10
Nexus Select Trust to Report Fiscal Year 2025 Results on May 13, 2025 Nexus Select Trust announced that they will report fiscal year 2025 results on May 13, 2025 New Risk • May 09
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Announcement • May 08
Nexus Select Trust (NSEI:NXST) acquired MBD Neopolis in Ludhiana from AKM Enterprises Private Limited for an enterprise value of INR 4.9 billion. Nexus Select Trust (NSEI:NXST) agreed to acquire MBD Neopolis in Ludhiana from AKM Enterprises Private Limited for an enterprise value of INR 4.9 billion on February 20, 2025.
For the period ending March 31, 2024, MBD Neopolis in Ludhiana reported total revenue of INR 687.43 million.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is four months.
Nexus Select Trust (NSEI:NXST) completed the acquisition of MBD Neopolis in Ludhiana from AKM Enterprises Private Limited May 7, 2025. Announcement • Feb 13
Nexus Select Trust (NSEI:NXST) acquired Vega City Mall and accompanying land from Blue Horizon Hotels Private Limited and others. Nexus Select Trust (NSEI:NXST) agreed to acquire Vega City Mall and accompanying land from Blue Horizon Hotels Private Limited and others for INR 8.7 billion on October 16, 2024. A cash consideration of INR 8.7 billion will be paid by Nexus Select Trust. As part of consideration, INR 8.7 billion is paid towards assets of Vega City Mall and accompanying land.
For the period ending March 31, 2024, Vega City Mall and accompanying land reported total revenue of INR 927.02 million.
The expected completion of the transaction is October 22, 2024.
Nexus Select Trust (NSEI:NXST) completed the acquisition of Vega City Mall and accompanying land from Blue Horizon Hotels Private Limited and others on February 13, 2024. Declared Dividend • Feb 06
Third quarter dividend of ₹2.20 announced Shareholders will receive a dividend of ₹2.20. Ex-date: 7th February 2025 Payment date: 14th February 2025 Dividend yield will be 6.2%, which is higher than the industry average of 5.6%. Reported Earnings • Feb 05
Third quarter 2025 earnings released: EPS: ₹0.78 (vs ₹0.70 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.78 (up from ₹0.70 in 3Q 2024). Revenue: ₹6.31b (up 10% from 3Q 2024). Net income: ₹1.19b (up 11% from 3Q 2024). Profit margin: 19% (in line with 3Q 2024). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Retail REITs industry in Asia. Announcement • Jan 22
Nexus Select Trust to Report Q3, 2025 Results on Feb 04, 2025 Nexus Select Trust announced that they will report Q3, 2025 results on Feb 04, 2025 Announcement • Jan 09
Nexus Select Trust Announces Resignation of Charu Patki as Dy General Counsel, Company Secretary & Compliance Officer, Effective Date January 23, 2025 Nexus Select Trust Announced that Ms. Charu Patki has submitted her resignation dated January 9, 2025, as Dy General Counsel, Company Secretary & Compliance Officer (Key Managerial Personnel) of Nexus Select Mall Management Private Limited (acting as Manager to Nexus Select Trust) with effect from the close of business hours on January 23, 2025. She is leaving to explore new career opportunities and will be serving the notice period upto January 23, 2025. Declared Dividend • Nov 14
Second quarter dividend of ₹2.01 announced Shareholders will receive a dividend of ₹2.01. Ex-date: 21st November 2024 Payment date: 27th November 2024 Dividend yield will be 5.8%, which is about the same as the industry average. Reported Earnings • Nov 13
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹0.73 (up from ₹0.70 in 2Q 2024). Revenue: ₹5.76b (flat on 2Q 2024). Net income: ₹1.10b (up 3.2% from 2Q 2024). Profit margin: 19% (in line with 2Q 2024). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Retail REITs industry in Asia. Announcement • Oct 31
Nexus Select Trust to Report Q2, 2025 Results on Nov 12, 2024 Nexus Select Trust announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Jul 24
Nexus Select Trust to Report Q2, 2024 Results on Jul 30, 2024 Nexus Select Trust announced that they will report Q2, 2024 results on Jul 30, 2024 Announcement • Jun 28
Nexus Select Trust, Annual General Meeting, Jul 23, 2024 Nexus Select Trust, Annual General Meeting, Jul 23, 2024, at 14:00 Indian Standard Time. Announcement • May 22
Nexus REIT in Talks to Buy Marina Mall in Chennai Real estate investment trust (REIT) Nexus Select Trust (NSEI:NXST), is in talks to acquire The Marina Mall in Chennai which has nearly 600,000 square feet retail space, said people with direct knowledge of the development. The mall, which is located on Old Mahabalipuram Road in Tamil Nadu's capital city of Chennai, was developed through OMR Mall Developers (OMDR) - a special purpose vehicle (SPV) set up in 2008 by partners including owners of the land parcel and realty developer Allied Investments & Housing, which is also the main project contractor. Announcement • Apr 28
Nexus Select Trust to Report Q4, 2024 Results on May 09, 2024 Nexus Select Trust announced that they will report Q4, 2024 results on May 09, 2024 Announcement • Jan 24
Nexus Select Trust to Report Q3, 2024 Results on Feb 06, 2024 Nexus Select Trust announced that they will report Q3, 2024 results on Feb 06, 2024 Announcement • Oct 24
Nexus Select Trust to Report Q2, 2024 Results on Nov 08, 2023 Nexus Select Trust announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Jul 28
Nexus Select Trust to Report Q1, 2024 Results on Aug 11, 2023 Nexus Select Trust announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • Jul 06
Nexus Select Trust, Annual General Meeting, Jul 27, 2023 Nexus Select Trust, Annual General Meeting, Jul 27, 2023, at 10:00 Indian Standard Time. Agenda: To consider and approve the audited standalone financial statements of the company for the financial year ended on 31 march 2023; to consider, approve and ratify the appointment of SRBC and CO LLP as the statutory auditors of the company and their fees for the financial year from 2022-23 till 2026-27; and to consider other business matters. Announcement • May 25
Nexus Select Trust to Report Fiscal Year 2023 Results on May 26, 2023 Nexus Select Trust announced that they will report fiscal year 2023 results on May 26, 2023 Board Change • May 22
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 
