। ॥
In plain words
We worship the one crest ornament of the snow mountain's line: the rebuke to the emerald's glow, the flood of nectar's wave for Maheśvara's eyes, the far shore of the ocean called becoming, the ripened fruit of the merit of the people who live in Kāñcī.
Word for word
Of the emerald lustres the refutation, of Maheśvara's eyes the nectar-wave flood, the far shore of the ocean named becoming, the fruit of good conduct of the Kāñcī-dwelling people, ripened, of the snow-peaked one's lineage the one crest ornament we worship.