अन्वयः

बाणशल्यस्फुरज्जिह्वः the iron nails fixed on the arrows as moving fangs, सायकासनभोगवान् bow as the snake, स्वतेजोविषसङ्घातः his own brightness as poison, पञ्चास्यः fivehooded, पन्नगः इव snake like.

M N Dutt

He appeared like to a terrible serpent of five mouths having the top of the arrow for his tongue, the bow for his expanded hood and his own prowess for the poison.

Summary

His bow was like the hood of a snake,with the iron nails fixed on the tip of his arrows like moving fangs and his own brightness like the venom of the fivehooded snake.

पदच्छेदः

बाणशल्यस्फुरज्जिह्वः	बाण–शल्य–स्फुरत् (√स्फुर् + शतृ)–जिह्वा (१.१)
सायकासनभोगवान्	सायक–आसन–भोगवत् (१.१)
स्वतेजोविषसंघातः	स्व–तेजस्–विष–संघात (१.१)
पञ्चास्य	पञ्चास्य (१.१)
इव	इव (अव्ययः)
पन्नगः	पन्नग (१.१)

छन्दः

अनुष्टुप् [८]

छन्दोविश्लेषणम्

१	२	३	४	५	६	७	८
बा	ण	श	ल्य	स्फु	र	ज्जि	ह्वः
सा	य	का	स	न	भो	ग	वान्
स्व	ते	जो	वि	ष	सं	घा	तः
प	ञ्चा	स्य	इ	व	प	न्न	गः