as dhĕvādhi dhĕvan —

para dhĕvathā-s (supreme lord-s) —

he is famously called as the lord of all dhĕvas (celestial entities) —

supreme being —

master of nithyasūris —

being the one with divine form —

īṣvara who is the abode of all auspicious qualities —

 sarvĕṣvaran —

the one emperumān who is fit to be attained. —

refuge —

sarvĕṣvaran having the glory/light of destructing the enemies; —

and who is the head of nithya-sūris —

 krishṇa —

you are the head of celestial entities such as brahmā et al who became celestial entities after carrying out penance. —

and became famous —