। ॥ १ ॥
In plain words
Lord of every creature that is bound, ender of sin, the supreme Ruler; wrapped in the hide of the great elephant, and worth choosing above all else; the Gaṅgā flashing in the coiled knot of his matted hair — Mahādeva, the one, the enemy of desire: him I remember.
Close to the Sanskrit
The Lord of all bound beings, the destroyer of sin, the supreme Ruler; wearing the hide of the lord of elephants, most worthy of choosing; having the Gaṅgā's water flashing in the midst of his coil of matted hair — the one Mahādeva, the enemy of Smara, I remember.