The film is a biopic on life on Balgandharva showing his struggles through poverty to riches and fame. Narayan Rajhans while in a public performance of his singing at
Pune receives his new honour and name "Balgandharva". On advice of
Shahu Maharaj, the king of
Kolhapur state, he starts his formal training and joins
Kirloskar Natak Mandali. Narayan wins claps of his audiences and becomes the key performer of all
Sangeet Nataks. To please his insistent mother Narayan marries Laxmi. On the opening day (12 March 1911) of his play
Sangeet Manapamaan, his infant daughter dies. But he goes ahead with the performance and enthralls the audience. Due to disputes in the company Narayan decides to start his own company named
Gandharva Natak Mandali. Fully devoting himself towards his passion of drama and singing, he overlooks his family. Giving audience's satisfaction key priority he starts spending money without any considerations. He loses many of his friends because of his attitude. He blindly believes in Balasaheb Pandit, who keeps his company's accounts. Narayan's carefree nature results in his bankruptcy. Meeting
Gohar Bai, who is his fan, he falls in love with her and leaves his wife and family. In his old age, he also loses the charm of holding audiences. When cinema is introduced, theatre fails to grab audiences. Balgandharva also signs a contract with
V. Shantaram's Prabhat Film Company to act in films. Money in films would also reduce his economic burden. But he never likes the methodologies of film production and abandons it after only one film where he plays the lead role of
Sant Eknath. Looking at his poverty many Royalties pay him honorary amounts in order to repay his debts. But he in turn donates this money to other charities. ==Cast==