त्वम् you, अभिवाद्यान् men who deserve to be honoured, अभिवाद्य after honouring, विघ्नकरान् those causing obstacles to sacrifice, हत्वा by killing, सिद्धार्थ: सन् having accomplished the purpose, मम my, यज्ञस्य sacrifice's, पारग: you ensure completion of my sacrifice, निवर्तस्व come back.

'Honour those who deserve it. Kill those who cause obstacles to sacrifice. Come back with your mission accomplishing. And ensure the (successful) completion of my sacrifice'.