Paddayi is a modern day adaptation of Shakespeare’s Macbeth. Madhava and Sugandhi is a newly-married couple from the fishing community of South India. Their lust for better life is ignited by the prophecies from the spirit that wander the land. Dinesha, owner of a fleet, gives them new dreams. But when their life was on a new high, he betrays them. Now the couple is determined to take a bitter revenge. The story soon turns into a tale of murder and regrets.