रामं लक्ष्मणपूर्वजं रघुवरं सीतापतिं सुंदरम् ।
काकुत्स्थं करुणार्णवं गुणनिधिं विप्रप्रियं धार्मिकम् ।
राजेंद्रं सत्यसंधं दशरथतनयं श्यामलं शांतमूर्तिम् ।
वंदे लोकाभिरामं रघुकुलतिलकं राघवं रावणारिम् ॥

Meaning:
I salute that Rama who is handsome, the elder brother of Laxmana, the husband of Sita and the best of the scions of the Raghu race, Him who is the ocean of compassion, the stockpile of virtues, the beloved of the Brahmans and the protector of Dharma, Him who is the practiser of the Truth, the lord emperor of kings, the son of Dasaratha, dark-complexioned and the personification of Peace and tranquillity, Him who is the enemy of Ravana, the crown jewel of the Raghu dynaty and the cynosure of all eyes.

Word meanings:
रामं = Rama;
रघुवरं = the best of the Raghu race;
सीतापतिं = the lord or husband of sita i.e. Rama;
सुंदरं = the beautiful one;
काकुत्स्थं = Rama literally one who is standing on the hump of a bull;
करुणार्णवं = ocean of mercy;
गुणनिधिं = the reservoir or repository of good qualities;
विप्रप्रियं = the dear Brahmin;
धार्मिकं = relating to Dharma, religion or good conduct;
राजेंद्रं = King of kings;
सत्यसंधं = the man who is bound to be truthful;
दशरथतनयं = the son of Dasaratha;
श्यामलं = the dark complexioned one;
शांतमूर्तिं = peace or serenity personified ; embodiment of tranquility.;
वंदे = I bow ; I worship;
रघुकुलतिलकं = the mark on forehead or jewel of the Raghu dynasty;
राघवं = Raghava, Rama;
रावणारिं = the enemy of Ravana;