Serafina, Pulcinella and Isabella are three lusty, beautiful members of a traveling theatrical troupe touring the French countryside in the 17th century, leaving in their wake a crop of broken hearts. This picaresque romantic comedy is based on the 1863 novel Le Capitaine Fracasse by Theophile Gauthier. In the story, the company stops at a castle owned by the scruffy young Baron de Sigognac, who is deeply smitten with the charms of the middle-aged (and somewhat morose) beauty Serafina. He decides to travel with the company, and Serafina perversely tries to get him to woo the youngest of the company, the newly bereaved Isabella.

A ruined Baron Philippe de baron, meets one day a troupe of traveling actors led by Herod. Attracted by the one who plays the role of the ingenue: Isabella, and by the dynamism and enthusiasm of his companions, he takes the place of the deceased poet of the troupe. And during performances, Philippe became the captain Sunder. For his part, Isabelle loves Philip, but does not consider marriage, nobility him missing, she refuses to harm the career of Baron. And one day, the Duke of Vallombrosa, seduced by Isabella, finds himself challenged to a duel by Philippe for touching the girl. Defeated, he launched his men against Sunder, then removes Isabelle. The actors throw themselves then to storm the castle where she is being held. This time Vallombrosa was seriously injured, and the duke's own father, rushed to the scene, Isabelle discovers the girl he had once been an actress. Nothing stands now the union of Sunder and Isabella, under the tender gaze of the actors Herod and Scapin.