idar Ar paduvAr? ezhu nenjchE vEzham
thodar vAn kodu mudhalai sUzhndha - padam udaiya
painnAgap paLLiyAn pAdhamE kai thozhudhum
koynnAgap pUmpOdhu koNdu

Meaning:

sUzhndha 			- (The Lord) who killed
vAn kodu mudhalai 		- the strong & terrible crocodile
thodar 				- that came behind
vEzham 				- the elephant Gajendra, and
paLLiyAn 			- who has as His bed
pai nAgam 			- the spread Adisesha
padam udaiya 			- with his hoods;
kai thozhudhum 			- we will pray
pAdhamE 			- to His divine feet
nAgam koy pUm pOdhu koNdu 	- with flowers from the Punnai tree;
nenjchE 			- O! mind
ezhu 				- get up (to pray thus);
Ar idar paduvAr 		- (if we pray like this) who will suffer?

Vyakhyana Saram:
Azhvar says that, if we think of His acts that He performs for the sake of His devotees, then we cannot stop until we perform services at His divine feet. When asked if there is anything that we will suffer from, he replies to his mind that any troubles that come our way will suffer the same fate as the crocodile that attacked Gajendra.