Meaning
In this verse, AzhvAr addresses humanity out of compassion for their suffering. He points out to them that chanting of SrIman-nArAyaNa’s ashTAkshara mantram will easily deliver them from their sorrows and worries. He addresses the samsAri-s who are about to drown in the ocean of samsAra and gives them a roadmap to overcome their desperate situation.
AzhvAr reveals that recitation of “namO nArAyaNAya” together with praNavam would remove their ignorance and set them on the right path leading to mOksham.
SrI AzhvAr addresses humans as: “Apad Urmi bahuLam samsAra arNavam praviSya sthitA: hE martyA:”
AzhvAr sizes them up as those who are deeply immersed in the ocean of samsAra with its dangerous waves.
“va: param hitam samkshEpata: vakshyAmi”
“Let me share with you what is very good for you, in a condensed fashion. Please hear (SruNuta!) this brief statement. My message to you for your deliverance is to recite the ashTAkshara-mantram with rich intonation of praNavam, in a clear state of mind free from delusions and with reverence.”
Commentary by: Sri Oppiliappan Koil VaradAchAri Sadagopan
Excellent swami!