Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust, India's only listed retail REIT, reported FY26 consolidated revenue of ₹2,655.30 Cr, up ~11% YoY from ₹2,399.41 Cr in FY25. Net Distributable Cash Flow (NDCF) for the year came in at ₹1,375.89 Cr, with a near-100% distribution payout ratio of 99.98%. Distribution Per Unit (DPU) for FY26 stood at ₹9.081, reflecting 9% YoY growth over ₹8.350 in FY25. The trust's Mall segment remains the dominant contributor with Retail NOI of ₹1,734.84 Cr, growing 13% YoY. Consumption grew 15% YoY. NAV per unit stood at ₹164.00. The board declared Q4 distributions of ₹346.33 Cr (₹2.286 per unit split across interest, dividend, other income, and debt amortization). Recent acquisitions — Vega City mall, MBD Neopolis with Radisson Blu hotel, and 6 units at Nexus Elante — are reflected in the results.
Strong operational performance with double-digit revenue and DPU growth signals a healthy retail REIT. Near-full payout ratio and solid consumption growth support unit holder confidence, though investors should monitor rising finance costs and deferred tax charges affecting net profit.