। ॥
In plain words
O Kāmākṣī, may the fall of your sidelong glance protect me: it is what Kāma's graces take pride in, it puts to shame the charms of the open blue lily, and it is a lamp flame against the gathered darkness of becoming.
Word for word
Pride-sprout of the makara-bannered's graces, reproach-sprout of the opened-lily-skills, lamp-sprout of becoming-darkness-masses, Kāmākṣī, may protect me your eye-corner-fall.