श्रीमान् majestic, एषः this one, मृगश्चैव that deer too, नभश्चरः flying in the sky, यश्च whoever, दिव्यः divine, दिव्यौ both are divine, एतौ these two, तारामृगमहीमृगौ deer of the stars and deer of the earth, उभौ both, मृगौ deer.

This majestic deer and the deer flying in heaven (the deer's figure seen in the Moon called Mrgasira) both the deer of the star in the sky and the deer of the earth are divine.