payan anRAgilum pAngkallar Agilum
seyal nanRAgath thiruththip paNi koLvAn
kuyil ninRAr pozhil sUzh kurugUr nambi
muyalginREn undhan moykazhaRku anbaiyE

Meaning:

payan anRu Agilum 		- Even though having no use from them (who are saved by him),
pAngku allar Agilum 		- and even though they are unqualified to be saved, 
seyal 				- by his act 
nambi 				- Nammazhvar, 
kurugUr 			- who is from Thirukkurugur which is 
pozhil sUzh 			- surrounded by gardens 
kuyil ninRu Ar 			- with singing nightingales, 
nanRaga thiruththi 		- corrects 
paNi koLvAn 			- and saves them. 
moykazhaRku 			- To his great divine feet 
muyalginREn 			- I attempt
anbaiyE 			- to show my love.

Vyakhyana Saram:
Madhurakavi Azhvar thinks of the great help that Namamzhvar did to him and realizing that the bhakti he showed Azhvar is nothing compared to that help, begins to perform love at his divine feet immediately. Thinking of that great help, he says that he can never repay that. One can never repay an acharya ("krutasnAm vA pruthivIm dadhAnna tattulyam kathanjcana"). After all, the acharya gives us nothing less than Him and the only equal thing to repay with is Him. As we cannot do that, Madhurakavi Azhvar stands at the position tht he can never repay his acharya.

payan anRAgilum pAngku allar Agilum:
Even those who are not qualified to receive anything. Even those who are to be rejected as they have no attachment to Him.

payan anRAgilum:
A person helps another because of the fact that there is something in it for him. But Nammazhvar has helped others even when there is nothing in it for him.

pAngku allar Agilum:
Even if they have nothing to give him, at least they should have the quality of listening and understanding what is being said. But they do not. Then why does Nammazhvar teach such people? He is like Sita pirAtti who advised even Ravana ("mitramaupayikam kartum"). Seeing their lowly status and unable to bear it, Nammazhvar advises them. His state is like that of those who would try to put out the fire which is burning at the front and back of a person's house.

seyal nanRAga:
Nammazhvar's grace is such that standing in his own state he can correct even those who are not qualified to receive his grace. Unlike Him, Azhvar does not evaluate the quality of the person and then provide the grace; Azhvar simply turns his grace on everyone.

kuyil ninRAr pozhil sUzh kurugUr:
Madhurakavi Azhvar says that if one becomes attached to Nammazhvar then one can attain happiness in this place itself. To reach Him one has to go to Paramapadam ("EtassAma gAyannAstE"). That is available only for the Muktas. Mumukshus only get this place (thirukkurukoor). Nammazhvar's completeness is such that in this place itself it provides delight which is the same as that of being with Him, the Nityas and the Muktas.

muyalginREn undhan moykazhaRku anbaiyE:
Madhurakavi Azhvar strives to perform love and affection at Nammazhvar's divine feet.