Nexus Select Trust

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Nexus Select Trust trades at ₹167, in a confirmed uptrend and 11 weeks into that stage. That is +4.3% against its own 200-day average. It sits at 93% of a 52-week range of ₹151 to ₹168. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 14 straight weeks.

Today the stock is in a confirmed uptrend — week 11 of stage 2, confirmed. At ₹167 it trades +4.3% versus its 200-day average and sits at 93% of its 52-week range (₹151–₹168).

Against the market, two honest reads. Cumulative: over the last 3.3 years the stock moved +60% while the NIFTY 500 moved +47% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 14 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Nexus Select Trust trades at 57.4× P/E, at the pricey end of its own range (85th percentile). Its long-run median P/E is 46.3×, measured across 2.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 57.4× is at the pricey end of its own range (85th percentile), against a long-run median of 46.3× measured over 2.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

🚨 Why the multiple sits where it does: over the past year annual EPS moved −16.6% against a +13.8% price move — the price outran earnings, pushing the multiple UP its own range.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 8,598% on reported income across 13 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.

Solved at its 13 June 2026 price, Nexus Select Trust was paying for profit growth of about 32.5% a year. Today the market pays 57.4× P/E, the 85th percentile of its own 2-year range.

What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is the whole of what a buyer is backing.

How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.

Stage: Improving Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Nexus Select Trust reads as improving on its fundamental arc. Improving — profit growth bottomed 6 quarters ago at −21.9% and has held its recovery at +30.8% (single-quarter readings), ROCE holding at 6.0%. The read is built from 9 quarters across 3 curves, on partial evidence.

Why it matters: a sustained climb off the trough is the setup this page is built to catch — the question moves to what you pay for it.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.

4-Factor Sector Score

40.2/100 — rank 3 of 4 in Real Estate Investment Trusts · 67% evidence confidence

Nexus Select Trust scores 40.2 out of 100 against the 4 companies it is compared with in Real Estate Investment Trusts, ranking 3. Price leads the evidence: RS versus the benchmark is 5.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

The four contributions add to the total exactly: 13.7 + 9.8 + 1.4 + 15.3 = 40.2. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Nexus Select Trust reported ₹681 Cr of revenue in the Jun 26 quarter, +10.9% year on year. That is the 9th straight quarter of year-on-year growth. The last full year, FY26, came in at ₹2,568 Cr. The last four reported quarters add to ₹2,635 Cr.

FY26 revenue came in at ₹2,568 Cr (+12.5% on the year). The latest quarter (Jun 26) printed ₹681 Cr, +10.9% year on year — the 9th consecutive quarter of year-over-year growth.

Acceleration check: trailing-twelve-month revenue grew +12.4% over the last 4 quarters against +9.2%/yr over the last 8 — accelerating; TTM profit −5.0% vs −17.3%/yr — accelerating.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Nexus Select Trust's operating margin is 69.0% in the Jun 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 67.0% to 68.0%. The current quarter is running above every full year in that window.

The latest quarter's operating margin is 69.0%, +0.0 pp against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 67.0%–68.0%.

Why the margin moved: operating margin went +0.3 pp year on year while gross margin went −0.2 pp — the gain came mostly from the gross line: input costs and pricing.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Nexus Select Trust earned ₹157 Cr of net profit in the Jun 26 quarter, +30.8% year on year. Full-year FY26 profit was ₹403 Cr. That is 23.1% of the quarter's revenue. The same quarter a year earlier earned ₹120 Cr.

Jun 26 profit was ₹157 Cr, +30.8% year on year. On the full year, FY26 printed ₹403 Cr (−16.6%).

Why profit moved: revenue contributed +10.9% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.

Pace comparison, last four quarters: profit −5.5% vs revenue +12.4%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 297% of Nexus Select Trust's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹1,662 Cr of operating cash against ₹403 Cr of profit. After ₹819 Cr of capital spending, ₹843 Cr was left as free cash.

FY26: operating cash of ₹1,662 Cr against reported profit of ₹403 Cr, leaving free cash of ₹843 Cr after ₹819 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 297% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Why conversion sits at 297%: the cash cycle held roughly steady between FY24 and FY26 — so conversion tracks profitability rather than the cycle.

Router verdict: the bigger cash user is investment — capital spending ran 11.8× depreciation over three years, so the next section's job is to check what that build-out is buying.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Nexus Select Trust's cash conversion cycle runs 8 days in FY26, down from 12 days in FY24. Capital spending ran ₹20,317 Cr over the last 3 years. At FY26 sales of ₹2,568 Cr each day of that cycle holds about ₹7.0 Cr, so roughly ₹56.0 Cr sits inside the business at any moment.

FY26: debtors at 8 days (an asset-light business — no inventory to speak of) — for a full cycle of 8 days, tighter than FY24's 12.

In money terms: at FY26 sales of ₹2,568 Cr, each day of the cycle holds about ₹7.0 Cr — so the 8-day loop keeps roughly ₹56.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹20,317 Cr over the last 3 fiscal years against ₹1,726 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹9.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Nexus Select Trust earns a ROCE of 6% in FY26. That is up from a trough of 5% in FY25. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 15.7% net margin on 0.13× asset turns.

FY26 ROCE is 6%, recovered from a FY25 trough of 5% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 15.7% net margin × 0.13× asset turns × 1.55× balance-sheet leverage ≈ 3.2% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.

The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 8,598% on reported income across 13 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Nexus Select Trust carries ₹6,203 Cr of borrowings against ₹13,210 Cr of equity in FY26, a debt-to-equity of 0.47. Operating profit covers the interest bill 4×. Over 3 years borrowings went from ₹0.0 Cr to ₹6,203 Cr. Capital spending ran ₹20,317 Cr across the last 3 of those years.

FY26: borrowings of ₹6,203 Cr against equity of ₹13,210 Cr — a debt-to-equity of 0.47. Operating profit covers the interest bill 4×. Over 3 years borrowings went from ₹0.0 Cr to ₹6,203 Cr while capital spending ran ₹20,317 Cr in just the last 3 — part of the build-out is riding on borrowed money.

The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 8,598% on reported income across 13 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Nexus Select Trust moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — .

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Nexus Select Trust: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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