। ॥
In plain words
O Kāmākṣī, the rutting elephant of Kāma shines tied always to the pillar of your sidelong glance, with the rays of your pearl earrings for the white whisks that flick at its ears.
Word for word
Kāmākṣī, joined-pearl-earring-ray-moving-white-ear-whisk-grace, to the pillar ceaselessly eye-corner-made your, tied shines the makara-bannered's rut-elephant.