It is a story of ancient times. Chantings of Vedic hymns and line of smoke rising from holy and auspicious sacrifices in the hermitage of the great austere sage Jamadagni were spreading in the atmosphere and sublimating the lives of men for all the twenty-four hours, while Renuka the chaste wife of the sage had been an example for the woman-folk. Parshuram, an incarnation of Vishnu was born in the house of this saintly couple. The sage Jamadagni had rescued 'Kamadhenu' (desire-yielding cow) and with the help of this wonderful cow he used to receive and honour saints, sages, needy and afflicted persons.
A demon, by name Sahasrabahu, who by means of his penance had propitiated Lord Dattatreya and acquired the strength of a thousand arms was very much puffed up with pride and started perpetrating all sorts of atrocities on the people. Once Sahasrabahu, having heard the praise of the 'Kamadhenu' and desiring to make her his own private property, went to steal her; but not getting the 'Kamdhenu' he abducted Renuka the wife of the sage. The chaste Ranuka secured he release somehow and reached the hermitage, but the hot tempered sage Jamadagni cursed her with leprosy. Later on, while wandering she was advised by the Divine Sage Narada to visit holy places and set out for the pilgrimage. On his way back from Shivapuri, Parshuram rendered help to Princess Gayatri the daughter of Sahasrabahu, who was kind, good natured and endowed with almost all good characteristics and was in difficulty. Thereupon the sprout of love became resonant and its sweet music overflowed like a cataract.
The story of 'Lord Parshuram' is a new advance in the tradition of religious pictures. It has a unique combination of love, renunciation, sacrifice, bravery and piety. It has a story of the birth of Ganesh and of Ekadanti Ganesh, miracles, fighting and dexterity. We have diligently collected all the facts relating to 'Lord Parshuram'. For this reason also, this picture will be recognised a 'thesis Film' besides one giving pure entertainment.
[from the official press booklet]