First decade
With a low debt profile, working capital over $5 billion and in excess of $2 billion in cash, Banks DIH is nowhere close to being in trouble. Yet, one believes that the veteran manufacturing company, born 58 years ago, would rather forget life in the first decade of the 21st century just as it would like to forget its early years as a combined company. The period 2003 to 2009 was one in which the Banks DIH faced challenges growing its sales and managing its production and inventory. The causes were varied and were enough
