-srīman nārāyaṇan- —

understand that ḥe is the one denoted by the word nārāyaṇan, —

seeing the devotees of nārāyaṇa who is natural lord [of me/all] —

ī saw ṣrīman nārāyaṇa (who is like the never-setting sun) —

 ŏh you who incarnated as nara and nārāyaṇa! —

krishṇa himself, who is the origin of the whole world. —

the devotees who are distinguished relatives of nārāyaṇa —

nārayaṇa himself —

you are nārāyaṇa —

 being nārāyaṇa (who protects in his original form) —

the master who is known as nārāyaṇan —

srīman nārāyaṇan-s —

srīman nārāyaṇa who is explained in nārāyaṇa anuvākam and who is the in-dwelling supersoul of all chith and achith —

to srīman nārāyaṇan —

one who has the name nārāyaṇa —

(for one) it is nārāyaṇan —

ṣrīman nārāyana’s —

(the natural lord) nārāyaṇan-s —

nārāyaṇa (who is with natural relationship towards us) —

nārāyaṇa who is the abode of water which is indicated by the word -nāra- —