। ॥
In plain words
By the grace of the highest guru I see the one familiar with the Kampā's bank, the armour of merit of the mountain king, the auspicious ornament on Paramaśiva's lap.
Word for word
Familiar with the Kampā's bank, the mountain king's merits made ready, by the supreme guru's grace I behold, the auspicious adornment of Paramaśiva's lap.