Uma (Mumtaz Shanti) and Babul (Suresh) are poor and homeless siblings. Both of them have got singing talent but are unable to find any job. Then they meet Nirmal who is younger brother of theater owner Janki Babu. Nirmal persuades his brother to give them a chance. After seeing their talent, Janki Babu also admires Uma and gives her leading role at his theater. Then Nirmal and Uma fall in love with each other and get married. However, Nirmal has a misunderstanding that his elder brother also likes Uma and wanted to marry her. He does not approve of Uma's job in theater but himself is struggling to find a job. Uma leaves the job and they also also leave Janki babu's house. Now they have a small baby daughter, Manju. But soon they see the true face of poverty and struggle to cope with it.
A mythological sound hit. A cosmic battle between gods and demons reaches stalemate when the sage Shukracharya (Adajania) instantly restores every fallen demon to life. The god Indra (Baburao), on advice from Brahaspati (Vyas), sends Kacha (Bhagwandas) to the sage to learn his magic secret. Shukracharya's daughter, Devayani (Gohar) likes Kacha and the latter is accepted as the sage's disciple. The demon Vrisha Parva (Thatte) tries to kill Kacha but the youth is rescued by Devayani until the demons succeed in dissolving Kacha's body in alcohol and make Shukracharya drink the brew. Shukracharya then teaches Kacha the secret chant so that when he dies and Kacha emerges from his stomach, Kacha may bring him back to life again. Kacha's duties now conflict with a love-triangle, as Devayani marries Yayati who lives Sharmistha (Kamala).
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The plot of the film revolves around the Hindu mythological story of Mohini and Bhasmasur. At over five hours, it inaugurated the tradition of Indian cinematic epics and was the first Indian film to feature actresses.
