大苦大乐大慈悲

Wherever there is great pain or great joy, there will be great compassion.

修诸善法力无畏

Cultivate wholesome Dharmas with a strength that knows no fear.

宝杵降魔护行者

The jeweled pestle quells demons and protects practitioners

三灾八难一时摧

While also warding off the three disasters and eight difficulties.