{"id":340768,"date":"2026-11-05T15:14:30","date_gmt":"2026-11-05T09:44:30","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=340768"},"modified":"2026-11-05T15:14:30","modified_gmt":"2026-11-05T09:44:30","slug":"pharma-healthcare-defensive-theme-samvat-2083","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/","title":{"rendered":"Pharma and Healthcare Stocks: A Defensive Theme for Samvat 2083 After Nifty Pharma&#8217;s 21% Gain in Samvat 2082?"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Nifty Pharma +21.4% in Samvat 2082 vs Nifty 50 -7.4%. Index at 27,560 on 5 Nov 2026. US generic drug tariff of 100% planned from Aug 2028.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Pharma and healthcare stocks were the defensive winners of Samvat 2082, with Nifty Pharma up 21.4% while the Nifty 50 fell 7.4%. Steady domestic demand, contract manufacturing and better clarity on US tariffs supported the rally. For Samvat 2083 the theme still offers relatively stable earnings, but higher valuations and a planned US tariff on generic drugs from August 2028 mean it is less of a pure safe haven than last year.<\/p>\n<\/p><\/div>\n<p><strong>Pharma and healthcare stocks<\/strong> were the standout defensive trade of Samvat 2082. The <a href=\"https:\/\/univest.in\/indices\/nifty-pharma\/nifty-pharma-share-price-today\">Nifty Pharma<\/a> index rose about 21.4% from the Muhurat 2025 close to 4 November 2026, while the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> fell about 7.4%. The index hit a record in August 2026 and was at 27,560 at 1:55 PM on 5 November, up 0.83% on the day.<\/p>\n<p>The question for Samvat 2083 is whether pharma can keep playing that role after such a strong run. This article covers what drove the sector, what has changed and the risks to weigh.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=pharma-healthcare-defensive-theme-samvat-2083\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Why_Are_Pharma_Stocks_Seen_as_Defensive\" title=\"Why Are Pharma Stocks Seen as Defensive?\">Why Are Pharma Stocks Seen as Defensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#What_Drove_Pharma_and_Healthcare_Stocks_in_Samvat_2082\" title=\"What Drove Pharma and Healthcare Stocks in Samvat 2082?\">What Drove Pharma and Healthcare Stocks in Samvat 2082?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Is_Pharma_Still_a_Defensive_Theme_for_Samvat_2083\" title=\"Is Pharma Still a Defensive Theme for Samvat 2083?\">Is Pharma Still a Defensive Theme for Samvat 2083?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Risks_for_Pharma_and_Healthcare_Stocks\" title=\"Risks for Pharma and Healthcare Stocks\">Risks for Pharma and Healthcare Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Are_pharma_stocks_defensive\" title=\"Are pharma stocks defensive?\">Are pharma stocks defensive?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#How_did_pharma_stocks_perform_in_Samvat_2082\" title=\"How did pharma stocks perform in Samvat 2082?\">How did pharma stocks perform in Samvat 2082?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#How_will_the_US_generic_drug_tariff_affect_Indian_pharma\" title=\"How will the US generic drug tariff affect Indian pharma?\">How will the US generic drug tariff affect Indian pharma?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Is_it_a_good_time_to_invest_in_pharma_stocks_for_Samvat_2083\" title=\"Is it a good time to invest in pharma stocks for Samvat 2083?\">Is it a good time to invest in pharma stocks for Samvat 2083?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#Why_did_Sun_Pharmas_profit_fall_in_Q2_FY27\" title=\"Why did Sun Pharma&#x27;s profit fall in Q2 FY27?\">Why did Sun Pharma&#x27;s profit fall in Q2 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#What_are_healthcare_stocks_other_than_pharma\" title=\"What are healthcare stocks other than pharma?\">What are healthcare stocks other than pharma?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/pharma-healthcare-defensive-theme-samvat-2083\/#What_are_the_risks_of_investing_in_pharma_stocks\" title=\"What are the risks of investing in pharma stocks?\">What are the risks of investing in pharma stocks?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_Are_Pharma_Stocks_Seen_as_Defensive\"><\/span><strong>Why Are Pharma Stocks Seen as Defensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Pharma stocks<\/strong> are seen as defensive because demand for medicines changes little with the economic cycle. People keep buying essential drugs when growth slows, so earnings tend to be steadier than in banks, autos or consumer discretionary sectors. Many Indian drugmakers also earn in dollars from exports, which helps when the rupee weakens.<\/p>\n<p>That profile mattered in Samvat 2082. As foreign investors sold Rs 3.03 trillion of Indian equities and crude oil spiked, pharma became one of the few sectors to rise strongly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Drove_Pharma_and_Healthcare_Stocks_in_Samvat_2082\"><\/span><strong>What Drove Pharma and Healthcare Stocks in Samvat 2082?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things drove <strong>pharma and healthcare stocks<\/strong> in Samvat 2082: domestic demand, contract manufacturing and tariff clarity. DSIJ reported that the domestic market delivered six straight months of double-digit growth, while contract development and manufacturing (CDMO) outsourcing increased. Budget 2026 also announced a Rs 10,000 crore biopharma manufacturing push over five years.<\/p>\n<p>Company results show both strength and pressure. <a href=\"https:\/\/univest.in\/stocks\/sunpharma\/sun-pharmaceutical-industries-ltd-share-price-today\">Sun Pharma<\/a> reported Q2 FY27 revenue up 11.9% to Rs 16,198.7 crore, but net profit fell 36% to Rs 1,988.5 crore because of Rs 1,268.8 crore of one-time charges, with adjusted profit up 1.4%. Its US formulation sales fell to $455 million, a sign that US generics remain the weak spot.<\/p>\n<table>\n<thead>\n<tr>\n<th>Indicator<\/th>\n<th>Figure<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Nifty Pharma, Samvat 2082 return<\/td>\n<td>+21.4%<\/td>\n<\/tr>\n<tr>\n<td>Nifty 50, Samvat 2082 return<\/td>\n<td>-7.4%<\/td>\n<\/tr>\n<tr>\n<td>India pharma exports, FY26<\/td>\n<td>$31.12 billion (record)<\/td>\n<\/tr>\n<tr>\n<td>Pharma exports to US, FY25<\/td>\n<td>About $10.5 billion<\/td>\n<\/tr>\n<tr>\n<td>US tariff on imported generics<\/td>\n<td>0% until Aug 2028, then 100%, 200% from Aug 2029<\/td>\n<\/tr>\n<tr>\n<td>Sun Pharma Q2 FY27 revenue<\/td>\n<td>Rs 16,198.7 crore (+11.9%)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Sources: NSE index data (our calculation), Pharmexcil, Sun Pharma results and press reports on the US tariff plan.<\/em><\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare pharma and healthcare stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Pharma_Still_a_Defensive_Theme_for_Samvat_2083\"><\/span><strong>Is Pharma Still a Defensive Theme for Samvat 2083?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Pharma is still a defensive theme for Samvat 2083 in terms of earnings stability, but less so in terms of price risk. After a 21% gain, valuations are higher, which means disappointments can hit share prices harder. The sector is also exposed to a specific policy risk that other defensives do not carry.<\/p>\n<p>That risk is the US tariff plan announced in July 2026. Generic drugs will carry zero duty for two years from 1 August 2026, followed by a 100% tariff from August 2028 and 200% from August 2029, unless makers build US plants. India supplies roughly 40% to 50% of US generic imports, so the plan matters even though it is two years away. In September 2026, the US exempted certain drugs from the 100% tariff, which lifted the index.<\/p>\n<ul>\n<li><strong>Domestic formulations:<\/strong> companies with a large India business are less exposed to US tariffs.<\/li>\n<li><strong>CDMO and specialty drugs:<\/strong> branded and specialty products face less pricing pressure than plain generics.<\/li>\n<li><strong>Hospitals and diagnostics:<\/strong> healthcare services depend on domestic demand rather than exports; the <a href=\"https:\/\/univest.in\/indices\/bse-hc\/bse-healthcare-share-price-today\">BSE Healthcare<\/a> index covers both drugmakers and services.<\/li>\n<li><strong>US plant plans:<\/strong> watch which companies announce US manufacturing to avoid future tariffs.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track pharma stocks and get daily research ideas.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_for_Pharma_and_Healthcare_Stocks\"><\/span><strong>Risks for Pharma and Healthcare Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The main risks are the US generic tariff timeline, price erosion in US generics, regulatory actions such as US FDA inspections, and a stronger rupee that reduces export earnings in rupee terms. High valuations after the rally add price risk if growth slows. A rotation back into banks, IT or consumption could also draw money away from defensives if the broader market recovers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Pharma and healthcare stocks<\/strong> earned their defensive label in Samvat 2082 with a 21.4% gain while the Nifty fell. In Samvat 2083 the earnings case remains steady, but higher valuations and the 2028 US tariff timeline mean investors should be selective. Favour businesses with strong domestic or specialty revenue and track each company&#8217;s US exposure.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. Past performance does not indicate future returns, and illustrative figures are not guaranteed. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Are_pharma_stocks_defensive\"><\/span><strong>Are pharma stocks defensive?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Pharma stocks are generally considered defensive because demand for medicines stays steady through economic cycles. In Samvat 2082, the Nifty Pharma index rose about 21.4% while the Nifty 50 fell about 7.4%, showing that defensive role. Higher valuations after the rally mean price risk is higher now.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_pharma_stocks_perform_in_Samvat_2082\"><\/span><strong>How did pharma stocks perform in Samvat 2082?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Pharma stocks performed strongly in Samvat 2082. The Nifty Pharma index rose about 21.4% from 22,515.70 on 21 October 2025 to 27,333.45 on 4 November 2026, and hit a record in August 2026. Domestic demand, CDMO growth and tariff clarity supported the gains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_will_the_US_generic_drug_tariff_affect_Indian_pharma\"><\/span><strong>How will the US generic drug tariff affect Indian pharma?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The US plans zero duty on imported generics until August 2028, then a 100% tariff, rising to 200% from August 2029, unless companies build US plants. India supplies roughly 40% to 50% of US generic imports, so exporters with high US exposure could face pressure. Companies may respond by setting up US manufacturing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_it_a_good_time_to_invest_in_pharma_stocks_for_Samvat_2083\"><\/span><strong>Is it a good time to invest in pharma stocks for Samvat 2083?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Pharma stocks offer steady earnings, but they start Samvat 2083 after a 21% rally, so valuations are higher. Companies with strong domestic or specialty businesses are less exposed to US tariffs. Whether they suit you depends on your goals and risk appetite, so consult a SEBI-registered adviser if unsure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Sun_Pharmas_profit_fall_in_Q2_FY27\"><\/span><strong>Why did Sun Pharma&#x27;s profit fall in Q2 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Sun Pharma&#x27;s Q2 FY27 net profit fell 36% to Rs 1,988.5 crore because of Rs 1,268.8 crore of one-time charges. Adjusted profit rose 1.4% to about Rs 3,162 crore and revenue grew 11.9% to Rs 16,198.7 crore. US formulation sales fell to $455 million.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_healthcare_stocks_other_than_pharma\"><\/span><strong>What are healthcare stocks other than pharma?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Healthcare stocks also include hospitals, diagnostic chains, medical device makers and health insurers. These depend mostly on domestic demand rather than exports, so they are less affected by US tariffs. They can offer a different kind of defensive exposure within the healthcare theme.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_pharma_stocks\"><\/span><strong>What are the risks of investing in pharma stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks include US tariffs on generics from 2028, price erosion in US generics, US FDA inspection issues, a stronger rupee that cuts export earnings, and high valuations after the 2026 rally. A rotation into other sectors if the market recovers could also slow pharma stock returns.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Are pharma stocks defensive?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Pharma stocks are generally considered defensive because demand for medicines stays steady through economic cycles. In Samvat 2082, the Nifty Pharma index rose about 21.4% while the Nifty 50 fell about 7.4%, showing that defensive role. Higher valuations after the rally mean price risk is higher now.\"}},{\"@type\":\"Question\",\"name\":\"How did pharma stocks perform in Samvat 2082?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Pharma stocks performed strongly in Samvat 2082. The Nifty Pharma index rose about 21.4% from 22,515.70 on 21 October 2025 to 27,333.45 on 4 November 2026, and hit a record in August 2026. 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They can offer a different kind of defensive exposure within the healthcare theme.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in pharma stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Key risks include US tariffs on generics from 2028, price erosion in US generics, US FDA inspection issues, a stronger rupee that cuts export earnings, and high valuations after the 2026 rally. A rotation into other sectors if the market recovers could also slow pharma stock returns.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nifty Pharma rose 21.4% in Samvat 2082. Are pharma and healthcare stocks still a defensive theme for Samvat 2083? Growth drivers, US tariffs and risks.<\/p>\n","protected":false},"author":38,"featured_media":340767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[15520,1154,710,1007,18849,627],"class_list":["post-340768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-defensive-stocks","tag-healthcare-stocks","tag-nifty-pharma","tag-pharma-stocks","tag-samvat-2083","tag-sun-pharma"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["340767"],"rank_math_title":["Pharma and Healthcare Stocks: A Defensive Theme for 2083?"],"rank_math_description":["Pharma and healthcare stocks led Samvat 2082 with Nifty Pharma up 21.4%. Are they still a defensive theme for Samvat 2083? 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