Panday is a blacksmith whose real name is Flavio. When a meteor fell from the sky one night, he forged the metal from the meteor into a dagger, the balaraw. When he raises the dagger to the sky, it magically grows into a sword. He uses this magical sword to fight the evil Lizardo and other supernatural beings. Eventually, Lizardo and his minions are destroyed.
Director: Fernando Poe Jr. (as Ronwaldo Reyes)
Writers: Carlo J. Caparas (story), Fred Navarro (screenplay)
Stars: Fernando Poe Jr., Liz Alindogan, Max Alvarado, Bentot Jr., Paquito Diaz, Lito Anzures, Martha Sevilla, Bert Olivar, Vic Varrion, Max Laurel, Victor Bravo, Rosemarie Keller, Eddie Gicoso, Ernie David, Eric Navarro