The Quarter story
The two most recent quarterly results, compared side-by-side.
Nexus Select Trust delivers steady rental growth and high occupancy across its retail and office portfolio, with improved debt servicing capacity offsetting recent balance sheet expansion.
Commercial office occupancy rises from 88% to 94% from Q1 to Q4 FY26 — stronger tenant demand across the portfolio
Gross debt surges from ₹59 Cr to ₹6,181 Cr from Q1 FY26 to Q1 FY27 — major balance sheet expansion requires monitoring
Retail trading density grows from ₹1,664 to ₹1,931 from Q1 FY26 to Q1 FY27 — higher sales productivity per square foot
Dividend payout mix falls from 58.3% to 35.3% from Q1 FY26 to Q1 FY27 — larger cash flow share now goes to interest
Average debt cost falls from 7.5% to 7.2% from Q1 FY26 to Q1 FY27 — lower financing expenses improve margins
Leasing occupancy at Nexus Elante drops from 98% to 93% from Q1 FY26 to Q1 FY27 — tenant turnover pressure in key retail asset
In-place rent at Nexus Select Citywalk rises from ₹454 to ₹479 from Q1 FY26 to Q1 FY27 — steady lease rate appreciation on premium assets
Leasing occupancy at Nexus Hyderabad falls from 99% to 94% from Q1 FY26 to Q1 FY27 — increased vacancy needs attention
Interest coverage ratio improves from 4.0x to 4.4x from Q1 FY26 to Q1 FY27 — stronger capacity to service debt obligations
Quarterly distribution falls from ₹3,378 Cr to ₹370 Cr from Q1 FY26 to Q1 FY27 — seasonal payout timing reduces near-term cash returns
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