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Nexus Select Trust NXST

India's only listed retail REIT: Grade A malls in about 14 cities, sponsored by Blackstone

Mapped in 1 theme: Real Estate.

From publicly available information

Where Nexus Select Trust sits in the supply chain

Nexus Select Trust appears in 1 supply-chain layer in one theme, Real Estate.

Revenue and profit

₹ CrFY24FY25FY26
Revenue1,9162,2832,568
Net profit599483403

Latest-year revenue ₹2,568 Cr (FY26, company-wide). Wider screens show FY22 onwards.

Strengths

  • Pure play on Grade A mall consumption across many cities
  • Revenue-share leases let rent grow with tenant sales
  • Revenue grew from ₹1,916 Cr (FY24) to ₹2,568 Cr (FY26)

Risks

  • Discretionary spending slowdown
  • Profit has fallen since listing due to tax and interest
  • Online and quick-commerce competition in some categories

Common questions

What does Nexus Select Trust do?

India's only listed retail REIT: Grade A malls in about 14 cities, sponsored by Blackstone.

Where does Nexus Select Trust sit in the supply chain?

Nexus Select Trust (NSE: NXST) is mapped in 1 supply-chain layer: Malls & retail REITs (Real Estate).

Who are Nexus Select Trust's peers?

In the Malls & retail REITs layer of Real Estate: The Phoenix Mills, DLF, Prestige Estates Projects and Brigade Enterprises.

What is Nexus Select Trust's market cap and valuation?

As of 30 Oct 2026: market cap ₹24,157 Cr, P/E 54.8x, ROCE 5.8%, ROE 2.7%, dividend yield 1.53%.