BSEOthers3 Aug 2026 · 3 Aug 2026, 04:37 pm
Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Nexus Select Trust · 543913
✦ AI Summary▲ PositiveResults
Nexus Select Trust, India's first listed Retail REIT, reported strong Q1 FY27 performance with double-digit consumption and NOI growth, and declared a distribution of INR 370 crores, up 10% YoY and 7% QoQ.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Nexus Select Trust - 543913 - Reg 23(5)(i): Disclosure of material issue
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August 03, 2026
The Corporate Relations Department, The Corporate Relations Department,
The National Stock Exchange of India Limited, Department of Corporate Services,
Exchange Plaza, 5th Floor, BSE Limited,
Plot No. C/1, G-Block, Bandra-Kurla Complex, 25th Floor, Phiroze Jeejeebhoy Towers,
Bandra (East), Mumbai − 400051 Dalal Street, Mumbai − 400001
Re: Script Symbol “NXST”, Scrip Code 543913
Scrip Code for NCDs: 974909, 976118, 976119, 976657, 977372 and 977376;
Scrip Code for CPs: 732000
Dear Sir/ Madam,
Subject: Press Release and Earnings Presentation of Nexus Select Trust for the quarter ended
June 30, 2026.
In continuation to our intimation dated August 03, 2026, regarding the outcome of the Board Meeting
held in connection with the quarter ended June 30, 2026, of Nexus Select Mall Management Private
Limited, Manager to Nexus Select Trust on August 03, 2026, please see enclosed the:
1. Press Release for the quarter ended June 30, 2026, of Nexus Select Trust as Annexure I;
2. Earnings Presentation for the quarter ended June 30, 2026, of Nexus Select Trust as Annexure
The Press Release and Earnings Presentation shall also be uploaded on the website of Nexus Select
Trust at https://www.nexusselecttrust.com/regulatory-filings.
We request you to kindly take note of the same.
Thanking you,
For and on behalf of Nexus Select Trust
(acting through its Manager, Nexus Select Mall Management Private Limited)
Vijay Kumar Gupta
General Counsel, CS and Compliance Officer
Membership No. A14545
Encl: As above
Annexure I
Nexus Select Trust reports strong Q1 FY27 performance with double-digit
consumption and NOI growth; DPU rises 10% YoY to INR 2.442 per unit,
with 25% IRR delivered to unitholders since listing
Mumbai, India, 03 August 2026: Nexus Select Trust (NSE: NXST / BSE: 543913), India’s first listed Retail REIT,
announced its financial results for the first quarter ended June 30, 2026.
Business Highlights
• Achieved quarterly consumption of INR 3,850 crores, recording 17% YoY growth
o Broad based growth witnessed across all categories during the quarter
• Net Operating Income (NOI) rose 11% YoY to INR 510 crores in Q1 FY27, driven by strong consumption
and leasing momentum
• Declared distribution of INR 370 crores (INR 2.442 per unit) up 10% YoY and 7% QoQ, marking the 12th
consecutive quarter of 100% distribution payout to unitholders
• Achieved healthy double-digit re-leasing spreads on 0.4M sf re-leased during the quarter
• Strong balance sheet with attractive debt cost of 7.2% (30bps lower YoY), AAA/Stable credit rating and
18% LTV
Dalip Sehgal, Executive Director and Chief Executive Officer at Nexus Select Trust, said,
“I am pleased to share that we have delivered robust double-digit consumption growth during the quarter
despite heightened global uncertainties. This performance reflects the resilience of our portfolio and the
strength of our operational execution in a challenging environment.
Building on this strong operational performance, we delivered 11% YoY growth in NOI in Q1 FY27 and are
pleased to announce a distribution of INR 370 crores, equivalent to INR 2.442 per unit, reflecting 10% growth
in DPU, in-line with our guidance. Cumulatively since listing, we have distributed more than INR 4,080 crores
and delivered IRR of 25%, underscoring our commitment to delivering consistent returns to our unitholders.
During the quarter, we pro-actively renewed and re-leased 0.2M sf ahead of lease expiries at spreads
exceeding 20%, underscoring the strong demand for our portfolio and the effectiveness of our leasing
strategy. We also welcomed several first-to-portfolio brand stores, including Lego, Kurt Geiger and Harajuku
Bakehouse, further strengthening our tenant mix, enhancing the customer experience, and reinforcing the
premium positioning of our portfolio.
Aligned with our strategy to double the portfolio by 2030, we announced the acquisition of Diamond Plaza
mall in Kolkata with the transaction expected to close in the first half of FY27. We have also built a robust
acquisition pipeline comprising 8 retail assets across India, with two assets currently under due-diligence.
Backed by a strong balance sheet, low leverage, and nearly USD 1 billion of available debt headroom, we are
well positioned to capitalize on attractive inorganic growth opportunities and continue scaling our platform”
The Board of Directors of Nexus Select Mall Management Private Limited, Manager to the Nexus Select Trust,
at its Board Meeting held earlier today declared that the record date for the Q1 FY27 distribution is August
06, 2026, and the distribution will be paid on or before August 13, 2026
Investor Materials and Quarterly Investor Call Details
Nexus Select Trust has released a package of information on the quarterly results and performance, that
includes an earnings presentation covering Q1 FY27 results. All these materials are available in the Investors
section of our website at www.nexusselecttrust.com.
Nexus Select Trust will host a conference call on Monday, August 03, 2026 at 17:30 hours Indian Standard
Time to discuss the Q1 FY27 results. A replay of the call will be available in the Investors section of our
website at www.nexusselecttrust.com.
About Nexus Select Trust
Nexus Select Trust is India’s first publicly listed retail Real Estate Investment Trust (REIT). Our Portfolio
comprises 19 best-in-class Grade-A urban consumption centres with a Gross Leasable Area of 10.7 million
square feet spread across 15 cities in India, three complementary hotel assets (450 keys) and three office
assets with a Gross Leasable Area of 1.25 million square feet. Our consumption centres have a tenant base of
~1,100 domestic and international brands spanning across 3,200+ stores.
For more information, please visit www.nexusselecttrust.com.
Disclaimer
This press release is prepared for general information purposes only and has to be read along with the
presentation for earnings update. The information contained herein is based on management information and
estimates. It is only current as of its date, has not been independently verified and may be subject to change
without notice. Nexus Select Mall Management Private Limited (“the Manager”) in its capacity as the Manager of
Nexus Select Trust, and Nexus Select Trust make no representation or warranty, express or implied, as to, and do
not accept any responsibility or liability with respect to, the fairness and completeness of the content hereof. Each
recipient will be solely responsible for its own investigation, assessment and analysis of the market and the market
position of Nexus Select Trust. Nexus Select Trust does not provide any guarantee or assurance with respect to any
distribution or the trading price of its units.
This press release contains forward-looking statements based on the currently held beliefs, opinions and
assumptions of the Manager. Forward-looking statements involve known and unknown risks, uncertainties and
other factors, which may cause the actual results, financial condition, performance, or achievements of Nexus
Select Trust or industry results, to differ materially from the results, financial condition, performance or
achievements expressed or implied by such forward-looking statements. Given these risks, recipients of this press
release are cautioned not to place undue reliance on these forward-looking statements. The Manager disclaims
any obligation to update these forward-looking statements to reflect future events or developments or the impact
of events which cannot currently be ascertained, such as COVID-19. In addition to statements which are forward
looking by reason of context, the words ‘may’, ‘will’, ‘should’, ‘expects’, ‘plans’, ‘intends’, ‘anticipates’, ‘believes’,
‘estimates’, ‘predicts’, ‘potential’ or ‘continue’ and similar expressions identify forward-looking statements.
This press release also contains certain financial measures which are not measures determined based on GAAP,
Ind
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