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.
| Production | Fernando Poe Jr. | Producer |
| Directing | Fernando Poe Jr. | Director |
| Writing | Carlo J. Caparas | Story |
| Writing | Fred Navarro | Screenplay |
| Sound | Ernani Cuenco | Music |
| Crew | Ver Reyes | Cinematography |
| Editing | Augusto Salvador | Editor |
| Sound | Rudy Baldovino | Sound Re-Recording Mixer |
| Sound | Jay Jacinto | Sound Editor |
| Sound | Ben Patajo | Sound Engineer |
